Shareholder Services as used in this Agreement mean all forms of shareholder liaison services, including, among other things, one or more of the following: providing shareholders of a Covered Fund (and shareholders of a registered investment company investing in a Covered Fund) with (i) information on their investments; (ii) general information regarding investing in mutual funds; (iii) periodic newsletters containing materials relating to the Covered Fund or to investments in general in mutual funds; (iv) periodic financial seminars designed to assist in the education of shareholders with respect to mutual funds generally and the Covered Fund specifically; (v) access to a telephone inquiry center relating to the Covered Fund; and (vi) any other similar services not otherwise required to be provided by the Trust’s custodian or transfer agent. “Selling Services” include, but are not limited to: the printing and distribution to prospective investors in the Covered Fund of prospectuses and statements of additional information that are used in connection with sales of Class A Shares, Class B Shares, Class C Shares or Class R Shares of the Covered Fund; the preparation, including printing, and distribution of sales literature and media advertisements relating to the Class A Shares, Class B Shares, Class C Shares or Class R Shares of the Covered Fund; and distributing shares of the Class A Shares, Class B Shares, Class C Shares or Class R Shares of Covered Fund. In providing compensation for Selling Services in accordance with the Plan, GEID is expressly authorized (i) to make, or cause to be made, payments reflecting an allocation of overhead and other office expenses related to the distribution of the Class A Shares, Class B Shares, Class C Shares and Class R Shares of a Covered Fund; (ii) to make, or cause to be made, payments, or to provide for the reimbursement of expenses of, persons who provide support services in connection with the distribution of the Class A Shares, Class B Shares, Class C Shares and Class R Shares of the Covered Fund; and (iii) to make, or cause to be made, payments to broker-dealers who have sold Class A Shares, Class B Shares, Class C Shares or Class R Shares of the Covered Fund. Fees payable by Class A Shares and the 0.25% Service and Distribution Fee component of Class R Shares may be used to pay for either shareholder services or distribution related services.
Shareholder Services shall have the meaning set forth in Section 2.02 of this Agreement.
Shareholder Services shall have the meaning set forth in SECTION 2.02 of this Agreement.
Examples of Shareholder Services in a sentence
This Agreement supersedes all prior Shareholder Services Agreements between the parties, and supersedes all prior agreements between the parties relating to the subject matters of this Agreement to the extent they are inconsistent with this Agreement.
In no event shall the rate paid for Distribution Activities exceed 0.75% and the rate paid for Shareholder Services exceed 0.25% per annum.
Class Z shares shall be subject to an annual service fee at the rate of up to .25% of the value of the average daily net assets of such Class pursuant to a Shareholder Services Plan.
The amount of fees payable by each Fund pursuant to this Section 2 may be greater or lesser than the expenses actually incurred by such Fund or by the Distributor or other financial intermediary on behalf of such Fund in connection with the performance of Distribution Activities and Shareholder Services.
Nothing in the Master Services Agreement or this Transfer Agent and Shareholder Services Addendum shall be construed or have the effect of rendering tax advice.
More Definitions of Shareholder Services
Shareholder Services. PFPC shall respond as appropriate to all general inquiries and communications from Shareholders including, without limitation inquiries and communications relating to Shareholder accounts with respect to its duties hereunder and as may be from time to time mutually agreed upon between PFPC and the Fund.
Shareholder Services means the services set out under “List of Shareholder Services” in Section 3 of this Schedule.
Shareholder Services as used in this Plan mean all forms of shareholder liaison services, as SM&R deems appropriate for functions such as maintaining shareholder accounts, providing shareholder liaison services, responding to customer inquiries, and providing shareholders with information on their investments and about the Fund.
Shareholder Services means services provided by HU or a Participating Firm to its Plan Representative or Plan Participant customers encompassed by the phrase "personal service and/or the maintenance of shareholder accounts" as referenced in NASD Conduct Rule 2830(b)(9) and having the meaning given to it in NASD Notice to Members 92-41.
Shareholder Services as used in this Agreement means all forms of shareholder services, including, among other things, providing record and/or beneficial holders of Service Class shares of a Covered Fund with one or more of the following: (i) information on their investments; (ii) general information regarding investing in mutual funds; (iii) periodic newsletters containing materials relating to the Covered Fund or to investments in general in mutual funds; (iv) periodic financial seminars designed to assist in the education of shareholders with respect to mutual funds generally and the Covered Fund specifically; (v) access to a telephone inquiry center relating to the Covered Fund; (vi) sub-accounting and sub-account maintenance, servicing and transaction processing; (vii) distributing proxy statements, annual reports, prospectuses and other correspondence from a Covered Fund to record and/or beneficial holders of Service Class Shares and (vii) other information, assistance and services provided to record and/or beneficial holders of Service Class Shares of a Covered Fund. “Selling Services” as used in this Agreement include, but are not limited to: the printing and distribution to prospective investors in the Covered Fund of prospectuses and statements of additional information that are used in connection with sales of Service Class Shares of the Covered Fund; the preparation, including printing, and distribution of sales literature and media advertisements relating to the Service Class Shares of the Covered Fund; distributing Service Class Shares of the Covered Fund; and providing other information, assistance and services that are primarily intended to result in, or that are primarily attributable to, the sale of Service Class Shares of a Covered Fund. In providing compensation for Selling Services in accordance with this Agreement, SSGM is expressly authorized: (i) to make, or cause to be made, payments reflecting an allocation of overhead and other office expenses related to the distribution of the Service Class Shares of a Covered Fund; (ii) to make, or cause to be made, payments, or to provide for the reimbursement of expenses of, persons who provide support services in connection with the distribution of the Service Class Shares of the Covered Fund; and (iii) to make, or cause to be made, payments to financial intermediaries who have sold Service Class Shares of the Covered Fund.
Shareholder Services as used in this Agreement means all forms of shareholder liaison services, including, among other things, providing record and/or beneficial holders of Service Class shares of a Covered Fund with one or more of the following: (i) information on their investments; (ii) general information regarding investing in mutual funds; (iii) periodic newsletters containing materials relating to the Covered Fund or to investments in general in mutual funds; (iv) periodic financial seminars designed to assist in the education of shareholders with respect to mutual funds generally and the Covered Fund specifically; (v) access to a telephone inquiry center relating to the Covered Fund; (vi) sub-accounting and sub-account maintenance, servicing and transaction processing and (vii) other similar services not otherwise required to be provided by the Trust's custodian or transfer agent. "Selling Services" as used in this Agreement include, but are not limited to: the printing and distribution to prospective investors in the Covered Fund of prospectuses and statements of additional information that are used in connection with sales of Service Class Shares of the Covered Fund; the preparation, including printing, and distribution of sales literature and media advertisements relating to the Service Class Shares of the Covered Fund; and distributing Service Class Shares of the Covered Fund. In providing compensation for Selling Services in accordance with this Agreement, GEIM is expressly authorized: (i) to make, or cause to be made, payments reflecting an allocation of overhead and other office expenses related to the distribution of the Service Class Shares of a Covered Fund; (ii) to make, or cause to be made, payments, or to provide for the reimbursement of expenses of, persons who provide support services in connection with the distribution of the Service Class Shares of the Covered Fund; and (iii) to make, or cause to be made, payments to financial intermediaries who have sold Service Class Shares of the Covered Fund.
Shareholder Services outlined in separate "Shareholder Servicing Agreements" shall be governed by those agreements. In addition, after the prospectuses, statements of additional information and annual and interim reports have been prepared and set in type, the Distributor shall bear the costs and expenses of printing and distributing any copies thereof which are to be used in connection with the offering of Shares to financial intermediaries or eligible investors pursuant to this Agreement. The Distributor shall bear the costs and expenses of preparing, printing and distributing any other literature used by the Distributor or furnished by it for use by financial intermediaries in connection with the offering of the Shares for sale to eligible investors and any expenses of advertising incurred by the Distributor in connection with such offering. It is understood and agreed that so long as any Plan pursuant to Rule 12b-1 under the Investment Company Act with respect to a particular class of Shares of a Fund remains in effect, any expenses incurred by the Distributor hereunder in connection with distribution and/or account maintenance activities for such class of Shares, as applicable, may be paid from amounts recovered by it from the Fund under such Plan. The Distributor in its sole discretion, may also make payments from time to time from its own resources for performing shareholder servicing and related administrative functions on behalf of the Fund. The Distributor in its sole discretion, will determine the amount of such payments made pursuant to the applicable Plan pursuant to Rule 12b-1 under the Investment Company Act, provided that such payments will not increase the amount which the Fund is required to pay to the Distributor for any fiscal year under this Agreement or the Manager under the Management Contract in effect for that year.