Common use of Counterparts; Severability Clause in Contracts

Counterparts; Severability. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. In the event that one or more provisions of this Agreement shall be held by any court to be invalid, void or unenforceable, the remaining provisions shall nevertheless remain and continue in full force and effect. JPMORGAN DISTRIBUTION SERVICES, INC. FINRA CRD Number: 104234 Street Address: ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ By: Name: Title: Date: Financial Intermediary Name (Please Print or Type) FINRA CRD Number Address City: State Zip Code Phone: Fax: By: Authorized Signature Print Name or Type Name Title Date JPMDS and Financial Intermediary shall follow the following operating procedures in connection with transactions in Fund Shares by Customers through Financial Intermediary, except as otherwise agreed to in writing by the parties. A. Net asset value per share is generally provided on a daily basis to NASDAQ by 5:55 p.m. Eastern time. Net asset value can be provided directly to Financial Intermediary after 7:00 p.m. Eastern time upon request. B. JPMDS will furnish notice of the declaration of any income, dividends, or capital gains distributions payable by the Funds. This information will include the ex, record and payable dates along with the Fund’s reinvestment price. Typically, this notice will be given by fax transmission, but may be given by other means as may be reasonable under the circumstances. C. Dividends and capital gains distributions paid for each of the ▇.▇. ▇▇▇▇▇▇ Funds are automatically reinvested in additional shares of the same Fund unless the Customer has elected to have them paid in cash. D. Execution of orders for Shares The execution of all orders for Share transactions will be subject to the terms of the Prospectus and SAI, these Operating Procedures, JPMDS’ written instructions to Financial Intermediary from time to time and, if executed through Fund/SERV, the DTCC’s rules and procedures.

Counterparts; Severability. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. In the event that one or more provisions of this Agreement shall be held by any court to be invalid, void or unenforceable, the remaining provisions shall nevertheless remain and continue in full force and effect. JPMORGAN DISTRIBUTION SERVICES, INC. FINRA CRD Number: 104234 Street Address: ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ By: Name: Title: Date: Financial Intermediary Name FINRA CRD Number (Please Print or Type) FINRA CRD Number Address City: State Zip Code Phone: Fax: By: Authorized Signature Print Name or Type Name Title Date JPMDS and Financial Intermediary shall follow the following operating procedures in connection with transactions in Fund Shares by Customers through Financial Intermediary, except as otherwise agreed to in writing by the parties. A. Net asset value per share is generally provided on a daily basis to NASDAQ by 5:55 p.m. Eastern time. Net asset value can be provided directly to Financial Intermediary after 7:00 p.m. Eastern time upon request. B. JPMDS will furnish notice of the declaration of any income, dividends, or capital gains distributions payable by the Funds. This information will include the ex, record and payable dates along with the Fund’s reinvestment price. Typically, this notice will be given by fax transmission, but may be given by other means as may be reasonable under the circumstances. C. Dividends and capital gains distributions paid for each of the ▇.▇. ▇▇▇▇▇▇ Funds are automatically reinvested in additional shares of the same Fund unless the Customer has elected to have them paid in cash. D. Execution of orders for Shares The execution of all orders for Share transactions will be subject to the terms of the Prospectus and SAI, these Operating Procedures, JPMDS’ written instructions to Financial Intermediary from time to time and, if executed through Fund/SERV, the DTCC’s rules and procedures.

Counterparts; Severability. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. In the event that one or more provisions of this Agreement shall be held by any court to be invalid, void or unenforceable, the remaining provisions shall nevertheless remain and continue in full force and effect. JPMORGAN DISTRIBUTION SERVICESTRUST I JPMORGAN VALUE OPPORTUNITIES FUND INC. JPMORGAN TRUST II, ▇.▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ MUTUAL FUND GROUP, INC. FINRA CRD Number: 104234 Street Address: ▇.▇. ▇▇▇▇▇▇ MUTUAL FUND INVESTMENT TRUST UNDISCOVERED MANAGERS FUNDS ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇.▇. ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ By: By: Name: Name: Title: Title: Date: Financial Intermediary Date: Recordkeeper Name (Please Print or Type) FINRA CRD Number Address City: State Zip Code Phone: Fax: By: Authorized Signature Print Name or Type Name Title Date JPMDS The Funds and Financial Intermediary Recordkeeper shall follow the following operating procedures in connection with transactions in Fund Shares by Customers through Financial IntermediaryRecordkeeper, except as otherwise agreed may be amended from time to in writing time by the partiesFunds by way of written instruction to Recordkeeper. A. Net asset value per share is generally provided on a daily basis to NASDAQ by 5:55 p.m. Eastern time. Net asset value can be provided directly to Financial Intermediary Recordkeeper after 7:00 p.m. Eastern time upon request. B. JPMDS The Trust or its agent will furnish notice of the declaration of any income, dividends, or capital gains distributions payable by the Funds. This information will include the ex, record and payable dates along with the Fund’s reinvestment price. Typically, this notice will be given by fax transmission, but may be given by other means as may be reasonable under the circumstances. C. Dividends and capital gains distributions paid for each of the ▇.▇. ▇▇▇▇▇▇ JPMorgan Funds are automatically reinvested in additional shares of the same Fund unless the Customer has elected to have them paid in cash. D. Execution of orders for Shares The execution of all orders for Share transactions will be subject to the terms of the Prospectus and SAI, these Operating Procedures, JPMDSthe Funds’ written instructions to Financial Intermediary Recordkeeper from time to time time, these Operating Procedures and, if executed through Fund/SERV, the DTCC’s rules and procedures. (a) The Recordkeeper certifies as follows: (i) orders to purchase and redeem Shares received by Recordkeeper or its Recordkeeper Agents (as defined in Section 2F of the Agreement) prior to the close of a Fund (generally, 4:00 p.m., Eastern Time (“ET”) other than a money market fund, which generally close multiple times each day) ( each close of a Fund, a “Market Close”) on any day that a Fund is open for business (“Day 1”) will be electronically transmitted to the Funds by 8:00 a.m., ET on the next day that the Fund is open for business (“Day 2”) (such orders are referred to as “Day 1 Trades”); and (ii) orders to purchase and redeem shares received by Recordkeeper or its Recordkeeper Agents after the final Market Close on Day 1, but prior to the final Market Close on Day 2 (“Day 2 Trades”) will be electronically transmitted to the Funds by 8:00 a.m., ET on the second day that the Fund is open for business following Day 1. (iii) If the Recordkeeper cannot electronically transmit Day 1 Trades to the Funds by 8:00 a.m., ET on Day 2, Recordkeeper will transmit such orders by facsimile prior to the beginning of trading on the New York Stock Exchange (generally 9:30 am ET) on Day 2. (b) Day 1 Trades will be effected at the net asset value per share next calculated by the Fund following receipt of the trade by the Recordkeeper or Recordkeeper Agents on Day 1, and Day 2 Trades will be effected at the net asset value per share next calculated by the Fund following receipt of the trade by Recordkeeper or Recordkeeper Agents on Day 2. Dividends shall accrue as set forth in the applicable Prospectus and SAI. (c) Upon a Fund’s reasonable request, Recordkeeper agrees to promptly provide the Fund with information separating customer orders received before and after a designated Market Close in order for the Fund to validate the timing of Recordkeeper’s receipt of orders. E. Payments for Shares shall be made as specified in the Prospectus and SAI. If payment for any purchase order is not received in accordance with the terms of the Prospectus and SAI, the Funds reserve the right, without notice, to cancel the sale and to hold Recordkeeper responsible for any loss sustained as a result thereof, including loss of profit. F. Issuance and transfer of each Fund’s shares will be by book entry only. The Funds will not issue stock certificates. G. The Trust will make available to Recordkeeper a list of the states or other jurisdictions in which Shares are eligible for sale, which list may be revised from time to time. Recordkeeper agrees to sell or offer to sell Shares only in the states and other jurisdictions appearing on the most recent list made available by the Trust. H. If applicable, Recordkeeper agrees to provide each Fund, each Fund’s transfer agent and/or other parties designated by them with information, on a daily basis, regarding the state or jurisdiction of residence of each Plan for which Recordkeeper provides services under this Agreement. Such information shall be provided for purposes of the Funds’ regulatory requirements and shall be in a form mutually agreeable to each Fund and Recordkeeper. I. The Fund or its agent will provide Recordkeeper with confirmations of executed trades through Fund/SERV when applicable or by mail or electronic means. Periodic account statements will be provided to Recordkeeper showing the total number of Shares held, Share transactions, dividends and other distribution during the statement period, and such other information as may be required from time to time.

Counterparts; Severability. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. In the event that one or more provisions of this Agreement shall be held by any court to be invalid, void or unenforceable, the remaining provisions shall nevertheless remain and continue in full force and effect. JPMORGAN DISTRIBUTION SERVICES, INCTRUST I JPMORGAN TRUST II JPMORGAN TRUST III ▇.▇. FINRA CRD Number: 104234 Street Address: ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ MUTUAL FUND GROUP, INC. ▇.▇. ▇▇▇▇▇▇ MUTUAL FUND INVESTMENT TRUST UNDISCOVERED MANAGERS FUNDS ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ .▇. ▇▇▇▇▇ By: Authorized Signature Name: Title: Date: Financial Intermediary Recordkeeper Name FINRA CRD Number (Please Print or Type) FINRA CRD Number Address City: State Zip Code Phone: Fax: By: Authorized Signature Print Name or Type Name Title Date JPMDS The Funds and Financial Intermediary Recordkeeper shall follow the following operating procedures in connection with transactions in Fund Shares by Customers through Financial IntermediaryRecordkeeper, except as otherwise agreed may be amended from time to in writing time by the partiesFunds by way of written instruction to Recordkeeper. A. Net asset value per share is generally provided on a daily basis to NASDAQ by 5:55 p.m. Eastern time. Net asset value can be provided directly to Financial Intermediary Recordkeeper after 7:00 p.m. Eastern time upon request. B. JPMDS The Trust or its agent will furnish notice of the declaration of any income, dividends, or capital gains distributions payable by the Funds. This information will include the ex, record and payable dates along with the Fund’s reinvestment price. Typically, this notice will be given by fax transmission, but may be given by other means as may be reasonable under the circumstances. C. Dividends and capital gains distributions paid for each of the ▇.▇. ▇▇▇▇▇▇ JPMorgan Funds are automatically reinvested in additional shares of the same Fund unless the Customer has elected to have them paid in cash. D. Execution of orders for Shares The execution of all orders for Share transactions will be subject to the terms of the Prospectus and SAI, these Operating Procedures, JPMDSthe Funds’ written instructions to Financial Intermediary Recordkeeper from time to time time, these Operating Procedures and, if executed through Fund/SERV, the DTCC’s rules and procedures. (a) The Recordkeeper certifies as follows: (i) orders to purchase and redeem Shares received by Recordkeeper or its Recordkeeper Agents (as defined in Section 2F of the Agreement) prior to the close of a Fund (generally, 4:00 p.m., Eastern Time (“ET”) other than a money market fund, which generally close multiple times each day) ( each close of a Fund, a “Market Close”) on any day that a Fund is open for business (“Day 1”) will be electronically transmitted to the Funds by 8:00 a.m., ET on the next day that the Fund is open for business (“Day 2”) (such orders are referred to as “Day 1 Trades”); and (ii) orders to purchase and redeem shares received by Recordkeeper or its Recordkeeper Agents after the final Market Close on Day 1, but prior to the final Market Close on Day 2 (“Day 2 Trades”) will be electronically transmitted to the Funds by 8:00 a.m., ET on the second day that the Fund is open for business following Day 1. (iii) If the Recordkeeper cannot electronically transmit Day 1 Trades to the Funds by 8:00 a.m., ET on Day 2, Recordkeeper will transmit such orders by facsimile prior to the beginning of trading on the New York Stock Exchange (generally 9:30 am ET) on Day 2. (b) Day 1 Trades will be effected at the net asset value per share next calculated by the Fund following receipt of the trade by the Recordkeeper or Recordkeeper Agents on Day 1, and Day 2 Trades will be effected at the net asset value per share next calculated by the Fund following receipt of the trade by Recordkeeper or Recordkeeper Agents on Day 2. Dividends shall accrue as set forth in the applicable Prospectus and SAI. (c) Upon a Fund’s reasonable request, Recordkeeper agrees to promptly provide the Fund with information separating customer orders received before and after a designated Market Close in order for the Fund to validate the timing of Recordkeeper’s receipt of orders. E. Payments for Shares shall be made as specified in the Prospectus and SAI. If payment for any purchase order is not received in accordance with the terms of the Prospectus and SAI, the Funds reserve the right, without notice, to cancel the sale and to hold Recordkeeper responsible for any loss sustained as a result thereof, including loss of profit. F. Issuance and transfer of each Fund’s shares will be by book entry only. The Funds will not issue stock certificates. G. The Trust will make available to Recordkeeper via DTCC’s Mutual Fund Service Profile II, a list of the states or other jurisdictions in which Shares are eligible for sale, which list may be revised from time to time. Recordkeeper agrees to sell or offer to sell Shares only in the states and other jurisdictions appearing on the most recent list made available by the Trust. H. If applicable, Recordkeeper agrees to provide each Fund, each Fund’s transfer agent and/or other parties designated by them with information, on a daily basis, regarding the state or jurisdiction of residence of each Plan for which Recordkeeper provides services under this Agreement. Such information shall be provided for purposes of the Funds’ regulatory requirements and shall be in a form mutually agreeable to each Fund and Recordkeeper. I. The Fund or its agent will provide Recordkeeper with confirmations of executed trades through Fund/SERV when applicable or by mail or electronic means. Periodic account statements will be provided to Recordkeeper showing the total number of Shares held, Share transactions, dividends and other distribution during the statement period, and such other information as may be required from time to time.

Counterparts; Severability. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. In the event that one or more provisions of this Agreement shall be held by any court to be invalid, void or unenforceable, the remaining provisions shall nevertheless remain and continue in full force and effect. JPMORGAN DISTRIBUTION SERVICES, INC. FINRA CRD Number: 104234 Street Address: ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ By: Name: Title: Date: Financial Intermediary Name FINRA CRD Number (Please Print or Type) FINRA CRD Number Address City: State Zip Code Phone: Fax: By: Authorized Signature Print Name or Type Name Title Date JPMDS and Financial Intermediary shall follow the following operating procedures in connection with transactions in Fund Shares by Customers through Financial Intermediary, except as otherwise agreed to in writing by the parties. A. Net asset value per share is generally provided on a daily basis to NASDAQ by 5:55 p.m. Eastern time. Net asset value can be provided directly to Financial Intermediary after 7:00 p.m. Eastern time upon request. B. JPMDS will furnish notice of the declaration of any income, dividends, or capital gains distributions payable by the Funds. This information will include the ex, record and payable dates along with the Fund’s reinvestment price. Typically, this notice will be given by fax transmission, but may be given by other means as may be reasonable under the circumstances. C. Dividends and capital gains distributions paid for each of the ▇.▇. ▇▇▇▇▇▇ Funds are automatically reinvested in additional shares of the same Fund unless the Customer has elected to have them paid in cash. D. Execution of orders for Shares The execution of all orders for Share transactions will be subject to the terms of the Prospectus and SAI, these Operating Procedures, JPMDS’ written instructions to Financial Intermediary from time to time and, if executed through Fund/SERV, the DTCC’s rules and procedures.