Form of Information Sharing Agreement
[Letterhead of counterparty]
[Date], 199[]
Aquila Distributors, Inc.
000 Xxxxxxx Xxxxxx
Xxx Xxxx, XX 00000
INFORMATION SHARING AGREEMENT
Gentlemen:
We understand that you have entered into a Distribution
Assistance Agreement with [ ] (the "Service Provider"),
a "Designated Payee" for purposes of Part II of the Distribution
Plan of Pacific Capital [ ] Cash Assets Trust (the "Trust"), a
series of Cash Assets Trust (the "Business Trust"). The Agreement
contemplates payment to the Service Provider of distribution and
service fees out of the assets of the Trust pursuant to Part II of
the Plan and contemplates further that the Service Provider may
reallow a portion of such fees to us in consideration of our
assistance in the distribution and servicing of Service Shares of
the Trust.
We further understand that, because we are an "affiliated
person" (as defined in the Investment Company Act of 1940) of the
investment adviser to the Trust, it is important that the Board of
Trustees of the Business Trust be provided with timely and adequate
information concerning our indirect receipt of payments made under
the Plan and the activities for which we are compensated by such
payments.
Accordingly, we hereby undertake that, so long as we
receive, directly or indirectly, any payments pursuant to Part II
of the Plan, we shall, not less than annually and more frequently
if reasonably requested, furnish to you for transmission to the
Board of Trustees of the Trust an accounting, in form and detail
satisfactory to the Board, to enable the Board to make
determinations of the fairness of the compensation paid to us.
Very truly yours,
[Affiliate]
By:________________________________
