Common use of Description of Administration Services on a Continuous Basis Clause in Contracts

Description of Administration Services on a Continuous Basis. Maintain accurate and complete Board calendars and regulatory filing calendars; — Prepare for filing with the Securities and Exchange Commission (“SEC”) the following documents: Form N-SAR, Form N-CSR, Form N-Q, Form N-PX and all amendments to the Registration Statement, including annual updates of the Prospectus(es) and SAI(s) for the series of the Company and any sticker supplements thereto; — Prepare and coordinate the filing of Rule 24f-2 notices, including coordination of payment; — Support fund counsel with the preparation and filing with the SEC of proxy statements with the assistance of the Company. Prepare notices of Annual or Special Meetings of Shareholders, with the assistance of the Company. Provide consultation on proxy solicitation matters; — Attend and assist in the conduct of Shareholder Meetings and prepare scripts for and minutes of such meetings; — Advise and consult with Adviser on matters pertaining to new fund launches or new share classes, and assist with the deregistration of a fund/class; — Prepare and review with Company counsel the agenda and resolutions for all requested Board of Directors and committee meetings, attend meetings as appropriate or requested, make presentations to the Board and committee meetings where appropriate, prepare minutes for Board and committee meetings; prepare Board meeting notices, agendas and materials for quarterly meetings and special meetings. — Maintain copies of the Company’s Charter and By-Laws; — Maintain corporate records of the Company, maintain master registration statements and comply with SEC requirements in advance of and during any examinations; — Assist the Company in the handling of regulatory examinations of the Company and work closely with the Company’s legal counsel in response to any non-routine regulatory matters; — File Fidelity Bonds with the SEC pursuant to Rule 17g-1; — Maintain awareness of significant emerging regulatory and legislative developments that may affect the Company; take appropriate steps where necessary to amend the services contemplated hereunder to reflect such changes; update the Board and the Investment Adviser on these developments; — Maintain Blue Sky registrations and be proactive in monitoring shareholder accounts that fall under state filing exemptions; code the accounts that fall under state exemptions. — Monitor the Company’s status as a regulated investment company under Sub-Chapter M of the Internal Revenue Code of 1986, as amended, and advise the Company and its Adviser of any potential or actual violations; — Conduct daily post-trade compliance testing of the Fund(s)’ requirements under the 1940 Act and limitations contained in the Registration Statements as may be mutually agreed upon, including compliance reporting to the designated Officer(s) of the Company; — Prepare the Company’s federal and applicable state tax returns and extension requests for review by the Company’s independent accountants. Northern will sign the tax returns as Preparer, including Form 1120-RIC, Form 8613, and state level returns. Northern will then furnish the signed returns to the Company’s Treasurer for execution and filing with the appropriate authorities; — Prepare Form 1099-MISC (for Directors and vendors); — Prepare and mail year-end shareholder reporting (1099s for shareholders) to each shareholder of the Company; — Compute tax basis provisions for both excise and income tax purposes; — Prepare annual minimum distribution calculations (income and capital gain) for review and sign off of the Company prior to their declaration; provide no less than two month-end estimates of distribution amounts (e.g., as of August 31 and September 30) per fund in advance of the final calculations, using equalization in such calculations as appropriate; — Coordinate the audit of the Funds’ financial statements by the Company’s independent accountants and provide office facilities for audits as necessary; — Prepare and file, with the assistance of the Company, the annual and semi-annual shareholder reports and quarterly Schedules of Investments to be filed with the SEC; — Maintain books and records of the Company and its series as required under Rule 31a-1 of the 1940 Act, as may be mutually agreed upon; — Prepare for review by the designated Officer(s) of the Company annual fund expense budgets, perform accrual analyses and rollforward calculations on a periodic basis and recommend changes to fund expense accruals on a periodic basis; — Calculate, for purposes of the payment of routine or fixed expenses, the allocation among applicable Funds. The Administrator processes the payment of these routine or fixed expenses pursuant to a standing instruction. — Calculate, for purposes of the payment of variable or extraordinary expenses (e.g., invoices from Fund counsel), the allocation among applicable Funds. Furnish sufficient detail to an authorized person of the Adviser for review and approval of the variable or extraordinary expenses. Process the invoice payment upon receipt of the approval from the authorized person; — Calculate and provide income and expense ratios. — Prepare and furnish total return performance information for the Funds, including such information on an after-tax basis, calculate in accordance with applicable U.S. securities laws and regulations, as may be reasonably requested by Company management; — Provide sub-certifications in connection with the requirements of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 with respect to services provided by the Administrator; — Authorize borrowing from the Company’s line of credit in the event a Fund is overdrawn (or will be overdrawn), after the Transfer Agent confirms the true position and Northern’s Credit Department and the Adviser have been notified borrowing from the line of credit will occur — Provide qualified individuals to serve as Secretary, Assistant Secretary and Assistant Treasurer of the Company to perform such specific functions as mutually agreed upon from time to time:

Description of Administration Services on a Continuous Basis. Maintain accurate and complete Board calendars and regulatory filing calendars; — • Prepare for filing with the Securities and Exchange Commission (“SEC”) the following documents: Form N-SAR, Form N-CSR, Form N-QCEN, Form N-PX PORT, Form N-LIQUID (if applicable) and all amendments to the Registration Statement, including annual updates of the Prospectus(es) and SAI(s) for the series of the Company and any sticker supplements thereto; — • Prepare and coordinate the filing of Rule 24f-2 notices, including coordination of payment; — • Support fund counsel with the preparation and filing with the SEC of proxy statements with the assistance of the Company. Prepare notices of Annual or Special Meetings of Shareholders, with the assistance of the Company. Provide consultation on proxy solicitation matters; — • Attend and assist in the conduct of Shareholder Meetings and prepare scripts for and minutes of such meetings; — • Advise and consult with Adviser on matters pertaining to new fund launches or new share classes, and assist with the deregistration of a fund/class; — • Prepare and review with Company counsel the agenda and resolutions for all requested Board of Directors and committee meetings, attend meetings as appropriate or requested, make presentations to the Board and committee meetings where appropriate, prepare minutes for Board and committee meetings; prepare Board meeting notices, agendas and materials for quarterly meetings and special meetings. — • Maintain books and records of the Company and its series as required under Rule 31a-1 of the 1940 Act, as may be mutually agreed upon and maintain copies of the Company’s Charter and By-Laws; — Maintain corporate records of the Company, maintain master registration statements and comply with SEC requirements in advance of and during any examinations; — • Assist the Company in the handling of regulatory examinations of the Company and work closely with the Company’s legal counsel in response to any non-routine regulatory matters; — • File Fidelity Bonds with the SEC pursuant to Rule 17g-1; — • Maintain awareness of significant emerging regulatory and legislative developments that may affect the Company; take appropriate steps where necessary to amend the services contemplated hereunder to reflect such changes; update the Board and the Investment Adviser on these developments; — • Maintain Blue Sky registrations and be proactive in monitoring shareholder accounts that fall under state filing exemptions; code the accounts that fall under state exemptions. — • Monitor the Company’s status as a regulated investment company under Sub-Chapter M of the Internal Revenue Code of 1986, as amended, and advise the Company and its Adviser of any potential or actual violations; — • Conduct daily post-trade compliance testing of the Fund(s)’ requirements under the 1940 Act and limitations contained in the Registration Statements as may be mutually agreed upon, including compliance reporting to the designated Officer(s) of the Company; — • Prepare the Company’s federal and applicable state tax returns and extension requests for review by the Company’s independent accountants. Northern will sign the tax returns as Preparer, including Form 1120-RIC, Form 8613, and state level returns. Northern will then furnish the signed returns to the Company’s Treasurer for execution and filing with the appropriate authorities; — • Prepare Form 1099-MISC (for Directors and vendors); — • Prepare and mail year-end shareholder reporting (1099s for shareholders) to each shareholder of the Company; — • Compute tax basis provisions for both excise and income tax purposes; — Prepare annual minimum distribution calculations (income and capital gain) for review and sign off of the Company prior to their declaration; provide no less than two month-end estimates of distribution amounts (e.g., as of August 31 and September 30) per fund in advance of the final calculations, using equalization in such calculations as appropriate; — Coordinate the audit of the Funds’ financial statements by the Company’s independent accountants and provide office facilities for audits as necessary; — Prepare and file, with the assistance of the Company, the annual and semi-annual shareholder reports and quarterly Schedules of Investments to be filed with the SEC; — Maintain books and records of the Company and its series as required under Rule 31a-1 of the 1940 Act, as may be mutually agreed upon; — Prepare for review by the designated Officer(s) of the Company annual fund expense budgets, perform accrual analyses and rollforward calculations on a periodic basis and recommend changes to fund expense accruals on a periodic basis; — Calculate, for purposes of the payment of routine or fixed expenses, the allocation among applicable Funds. The Administrator processes the payment of these routine or fixed expenses pursuant to a standing instruction. — Calculate, for purposes of the payment of variable or extraordinary expenses (e.g., invoices from Fund counsel), the allocation among applicable Funds. Furnish sufficient detail to an authorized person of the Adviser for review and approval of the variable or extraordinary expenses. Process the invoice payment upon receipt of the approval from the authorized person; — Calculate and provide income and expense ratios. — Prepare and furnish total return performance information for the Funds, including such information on an after-tax basis, calculate in accordance with applicable U.S. securities laws and regulations, as may be reasonably requested by Company management; — Provide sub-certifications in connection with the requirements of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 with respect to services provided by the Administrator; — Authorize borrowing from the Company’s line of credit in the event a Fund is overdrawn (or will be overdrawn), after the Transfer Agent confirms the true position and Northern’s Credit Department and the Adviser have been notified borrowing from the line of credit will occur — Provide qualified individuals to serve as Secretary, Assistant Secretary and Assistant Treasurer of the Company to perform such specific functions as mutually agreed upon from time to time:;

Description of Administration Services on a Continuous Basis. Maintain accurate (a) RSMC will perform the following administration services with respect to each Fund: (i) Review and complete Board calendars oversee the services of PFPC Inc. in the performance of its duties under the Sub-Administration and regulatory filing calendars; — Prepare for filing Accounting Services Agreement with the Securities Trust and Exchange Commission RSMC; (“SEC”ii) the following documents: Form N-SAR, Form N-CSR, Form N-Q, Form N-PX and all amendments to the Registration Statement, including annual updates of the Prospectus(es) and SAI(s) for the series of the Company and any sticker supplements thereto; — Prepare and coordinate the filing of Rule 24f-2 notices, including coordination of payment; — Support fund counsel with the preparation Trust's counsel the annual Post-Effective Amendments to the Trust's registration statement (other than adding a new series or class), and filing coordinate with the SEC of proxy statements Trust's financial printer to make such filings with the assistance of SEC; (iii) Assist in obtaining the Company. Prepare notices of Annual or Special Meetings of Shareholders, fidelity bond and directors' and officers' / errors and omissions insurance policies for the Trust in accordance with the assistance requirements of the Company. Provide consultation on proxy solicitation matters; — Attend Rules 17g-1 and assist in the conduct of Shareholder Meetings and prepare scripts for and minutes of such meetings; — Advise and consult with Adviser on matters pertaining to new fund launches or new share classes, and assist with the deregistration of a fund/class; — Prepare and review with Company counsel the agenda and resolutions for all requested Board of Directors and committee meetings, attend meetings as appropriate or requested, make presentations to the Board and committee meetings where appropriate, prepare minutes for Board and committee meetings; prepare Board meeting notices, agendas and materials for quarterly meetings and special meetings. — Maintain copies of the Company’s Charter and By-Laws; — Maintain corporate records of the Company, maintain master registration statements and comply with SEC requirements in advance of and during any examinations; — Assist the Company in the handling of regulatory examinations of the Company and work closely with the Company’s legal counsel in response to any non-routine regulatory matters; — File Fidelity Bonds with the SEC pursuant to Rule 17g-1; — Maintain awareness of significant emerging regulatory and legislative developments that may affect the Company; take appropriate steps where necessary to amend the services contemplated hereunder to reflect such changes; update the Board and the Investment Adviser on these developments; — Maintain Blue Sky registrations and be proactive in monitoring shareholder accounts that fall under state filing exemptions; code the accounts that fall under state exemptions. — Monitor the Company’s status as a regulated investment company under Sub-Chapter M of the Internal Revenue Code of 1986, as amended, and advise the Company and its Adviser of any potential or actual violations; — Conduct daily post-trade compliance testing of the Fund(s)’ requirements 17d-1(d)(7) under the 1940 Act as such bond and limitations contained in policies are approved by the Registration Statements Trust's Board of Directors; (iv) Coordinate the filing of the Trust's fidelity bond with the SEC; (v) Prepare notices, agendas, and resolutions for quarterly Board meetings and draft actions by written consent of the Board; (vi) Coordinate the preparation, assembly and mailing of Board materials; (vii) Attend quarterly Board meetings, and make presentations at such meetings as appropriate; (viii) Maintain the Trust's corporate calendar to monitor compliance with various SEC filing and Board approval deadlines; and (ix) Maintain Trust contract files. (x) Provide non-investment related statistical and research data as may be mutually agreed uponrequested by the Board, including compliance reporting those Trustees of the Trust who are not "interested persons" of the Trust (as such term is defined in the 1940 Act) (hereinafter the "Independent Trustees"); (xi) Provide executive and administrative services to support the Independent Trustees, including the Independent Trustee serving as Chairman of the Board (the "Independent Chair") (xii) Provide recordkeeping services described in Section 7 above. (xiii) Make available the appropriate individuals employed by RSMC or its affiliates to serve as officers of the Trust, if requested and elected by the Board. (xiv) Furnish support for the Trust's Secretary in the performance of any or all of his or her duties as the same may be assigned or modified, from time to time, by the Board, Independent Chair or President of the Trust. As of the date of this Agreement, such duties include the following: (a) Assisting in the preparation and coordination of all annual calendars, periodic notices, agendas, minutes, reports and other materials necessary for the timely and efficient conduct of the meetings of the Board and shareholders of the Trust; (b) Assisting in the preparation and coordination of the filing, printing and distribution, as necessary, of preliminary and definitive proxy solicitation materials, annual and semiannual reports to shareholders, post-effective amendments to the designated Officer(s) of the Company; — Prepare the Company’s federal and applicable state tax returns and extension requests for review by the Company’s independent accountants. Northern will sign the tax returns as PreparerTrust's registration statement, including Form 1120-RIC, Form 8613mailing of trustees and officers questionnaires, and state level returns. Northern will then furnish such other regulatory filings as required under the signed returns to the Company’s Treasurer 1940 act; (c) Arranging for execution and filing coordinating fulfillment with the appropriate authorities; — Prepare Form 1099-MISC (Trust's financial printer or person responsible for Directors and vendors); — Prepare and mail year-end shareholder reporting (1099s for shareholders) to each shareholder of the Company; — Compute tax basis provisions for both excise and income tax purposes; — Prepare annual minimum distribution calculations (income and capital gain) for review and sign off of the Company prior to their declaration; provide no less than two month-end estimates of distribution amounts (e.g., as of August 31 and September 30) per fund in advance of the final calculations, using equalization in such calculations as appropriate; — Coordinate the audit fulfillment of the Funds’ financial statements by ' prospectuses as required to meet demand; (d) Arranging for and securing timely and compliant renewal and maintenance of all required fidelity bonds and, as instructed, other insurance policies for the Company’s independent accountants and provide office facilities for audits protection of the Trust, its officers and/or Board; (e) Aiding the Trust's President in preparing letters or other correspondence to be included in reports or other communications with Trust shareholders; (f) Serving as necessary; — Prepare and fileprincipal point of contact, on behalf of the Trust, with the assistance Trust's distributor regarding the retention of specific dealers, and the Company, the annual and semi-annual shareholder reports and quarterly Schedules of Investments to be filed with the SEC; — Maintain books and records of the Company and its series as required under Rule 31a-1 of the 1940 Act, as may be mutually agreed upon; — Prepare for review by the designated Officer(s) of the Company annual fund expense budgets, perform accrual analyses and rollforward calculations on a periodic basis and recommend changes to fund expense accruals on a periodic basis; — Calculate, for purposes of the payment of routine or fixed expenses, the allocation among applicable Funds. The Administrator processes the payment of these routine or fixed expenses pursuant to a standing instruction. — Calculate, for purposes of the payment of variable or extraordinary expenses (e.g., invoices from Fund counsel), the allocation among applicable Funds. Furnish sufficient detail to an authorized person of the Adviser for advance review and approval of the variable or extraordinary expenses. Process use of specific advertising and sales literature by the invoice payment upon receipt distributor for the purpose of selling the Trust's shares; and (g) Serving as principal point of contact, on behalf of the approval from Trust, with the authorized person; — Calculate and provide income and expense ratios. — Prepare and furnish total return performance information for the FundsTrust's other service providers, including such information on an after-tax basisbut not limited to, calculate in accordance with applicable U.S. securities laws and regulations, as may be reasonably requested by Company management; — Provide the investment advisers (not including sub-certifications in connection with the requirements of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 with respect to services provided by the Administrator; — Authorize borrowing from the Company’s line of credit in the event a Fund is overdrawn (or will be overdrawnadvisers), after the Transfer Agent confirms the true position sub-administration and Northern’s Credit Department accounting services agent, transfer agent, distributor, custodian(s), auditor(s) and the Adviser have been notified borrowing from the line of credit will occur — Provide qualified individuals to serve as Secretary, Assistant Secretary and Assistant Treasurer of the Company to perform such specific functions as mutually agreed upon from time to time:legal counsel.

Description of Administration Services on a Continuous Basis. Maintain accurate Subject to the control of the Fund and complete Board calendars the oversight Board, the Administrator will perform the following administration services with respect to the Fund: (a) Generally supervise the Fund's filings with federal and state regulatory filing calendars; — Prepare for filing agencies; (b) Prepare, and coordinate with the Fund's counsel, Fund management and other Fund service providers to file, regulatory filings with the Securities and Exchange Commission (“"SEC”) "), including, but without limitation, amendments to the following documents: Fund's Registration Statement on Form N-2, the Fund's annual and semi-annual reports on Form N-SAR, SAR and Form N-CSR, and semi-annual reports on Form N-Q; (c) Prepare SEC filings and other documentation required for tender offers; (d) Prepare proxy materials relating to shareholder meetings; (e) Coordinate the preparation, Form N-PX assembly and all amendments to the Registration Statementmailing of materials for quarterly Board meetings (in electronic or hard copy format); (f) Draft agendas, including annual updates of the Prospectus(es) and SAI(s) for the series of the Company and any sticker supplements thereto; — Prepare and coordinate the filing of Rule 24f-2 notices, including coordination of payment; — Support fund counsel with the preparation and filing with the SEC of proxy statements with the assistance of the Company. Prepare notices of Annual or Special Meetings of Shareholders, with the assistance of the Company. Provide consultation on proxy solicitation matters; — Attend and assist in the conduct of Shareholder Meetings and prepare scripts for and minutes of such meetings; — Advise and consult with Adviser on matters pertaining to new fund launches or new share classes, and assist with the deregistration of a fund/class; — Prepare and review with Company counsel the agenda and resolutions for all requested meetings of the Fund's Board of Directors Trustees or shareholders and committee meetings, attend draft written consents of the Fund's Board of Trustees; (g) Attend quarterly Board meetings as appropriate or requested, make presentations and draft minutes thereof; (h) Generally monitor the Fund's service providers; (i) Coordinate contractual relationships and communications between the Fund and its service providers (j) Communicate significant relevant regulatory developments to the Fund on a quarterly basis or more frequently as requested by the Fund; (k) Maintain a regulatory calendar to ensure compliance with various SEC filing and Board approval deadlines; (l) Manage legal services; (m) Prepare quarterly broker security transactions summaries; (n) Prepare monthly security transaction listings; (o) Prepare for execution and committee meetings where appropriate, prepare minutes for Board file the Fund's Federal and committee meetings; prepare Board meeting notices, agendas and materials for quarterly meetings and special meetings. — Maintain copies of the Company’s Charter and By-Laws; — Maintain corporate records of the Company, maintain master registration statements and comply with SEC requirements in advance of and during any examinations; — Assist the Company in the handling of regulatory examinations of the Company and work closely with the Company’s legal counsel in response to any non-routine regulatory matters; — File Fidelity Bonds with the SEC pursuant to Rule 17g-1; — Maintain awareness of significant emerging regulatory and legislative developments that may affect the Company; take appropriate steps where necessary to amend the services contemplated hereunder to reflect such changes; update the Board and the Investment Adviser on these developments; — Maintain Blue Sky registrations and be proactive in monitoring shareholder accounts that fall under state filing exemptions; code the accounts that fall under state exemptions. — tax returns; (p) Monitor the Company’s Fund's status as a regulated investment company under Sub-Chapter chapter M of the Internal Revenue Code of 1986, as amended; (q) Complete applications for the Fund's fidelity bond and directors' and officers'/errors and omissions insurance policies, and advise file the Company and its Adviser of any potential or actual violations; — Conduct daily post-trade compliance testing of the Fund(s)’ requirements under the 1940 Act and limitations contained in the Registration Statements as may be mutually agreed upon, including compliance reporting to the designated Officer(s) of the Company; — Prepare the Company’s federal and applicable state tax returns and extension requests for review by the Company’s independent accountants. Northern will sign the tax returns as Preparer, including Form 1120-RIC, Form 8613, and state level returns. Northern will then furnish the signed returns to the Company’s Treasurer for execution and filing Fund's fidelity bond with the appropriate authorities; — Prepare Form 1099-MISC (for Directors and vendors); — Prepare and mail year-end shareholder reporting (1099s for shareholders) to each shareholder of the Company; — Compute tax basis provisions for both excise and income tax purposes; — Prepare annual minimum distribution calculations (income and capital gain) for review and sign off of the Company prior to their declaration; provide no less than two month-end estimates of distribution amounts (e.g., as of August 31 and September 30) per fund in advance of the final calculations, using equalization in such calculations as appropriate; — Coordinate the audit of the Funds’ financial statements by the Company’s independent accountants and provide office facilities for audits as necessary; — Prepare and file, with the assistance of the Company, the annual and semi-annual shareholder reports and quarterly Schedules of Investments to be filed with the SEC; — Maintain books and records of the Company and its series as required under Rule 31a-1 of the 1940 Act, as may be mutually agreed upon; — Prepare for review by the designated Officer(s) of the Company annual fund expense budgets, perform accrual analyses and rollforward calculations on a periodic basis and recommend changes to fund expense accruals on a periodic basis; — Calculate, for purposes of the payment of routine or fixed expenses, the allocation among applicable Funds. The Administrator processes the payment of these routine or fixed expenses pursuant to a standing instruction. — Calculate, for purposes of the payment of variable or extraordinary expenses (e.g., invoices from Fund counsel), the allocation among applicable Funds. Furnish sufficient detail to an authorized person of the Adviser for review and approval of the variable or extraordinary expenses. Process the invoice payment upon receipt of the approval from the authorized person; — Calculate and provide income and expense ratios. — Prepare and furnish total return performance information for the Funds, including such information on an after-tax basis, calculate SEC in accordance with applicable U.S. securities laws and regulations, as may be reasonably requested by Company management; — Provide sub-certifications in connection with the requirements of Rule 17g-1 under the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Investment Company Act of 2002 with respect 1940, as amended ("1940 Act"); (r) Monitor the Fund's assets to services provided by ensure adequate fidelity bond coverage is maintained; (s) Handle SEC examinations; (t) Maintain the Administrator; — Authorize borrowing from Fund's files; (u) Provide performance measurement and analysis, including furnishing performance data, statistical data and research data to the Company’s line Fund; (v) Prepare and coordinate printing of credit all Fund-related documents, including private placement memoranda and reports and other materials sent to shareholders; (w) Oversee the Fund's financial reporting and assist the Fund's auditors in the event a preparation of financial statements; (x) At the request of the Fund, assist in the development and monitoring of compliance procedures for the Fund is overdrawn concerning, among other matters, adherence of the Fund to its investment objectives, policies, restrictions, tax matters and applicable laws and regulations; (or will y) Prepare and file Form D notices with the SEC and monitor state exemption filings and notices with various states and other jurisdictions made by other agents of the Fund; and (z) Perform such additional administrative duties relating to the administration of the Fund as may subsequently be overdrawn), after the Transfer Agent confirms the true position and Northern’s Credit Department agreed upon in writing between AIGGIC and the Adviser have been notified borrowing from the line of credit will occur — Provide qualified individuals to serve as Secretary, Assistant Secretary and Assistant Treasurer of the Company to perform such specific functions as mutually agreed upon from time to time:Fund.

Description of Administration Services on a Continuous Basis. Maintain accurate The Administrator will perform the following administration services: (i) Prepare and complete Board calendars file TEI Fund's Annual and regulatory filing calendars; — Prepare for filing Semi-Annual Reports with the Securities and Exchange Commission (“SEC”) the following documents: SEC on Form N-SAR, Form N-CSR, Form N-Q, Form N-PX and all amendments to SAR via ▇▇▇▇▇; (ii) Coordinate with the Registration Statement, including annual updates of the Prospectus(es) and SAI(s) for the series of the Company and any sticker supplements thereto; — Prepare and coordinate the filing of Rule 24f-2 notices, including coordination of payment; — Support fund counsel with adviser the preparation and filing printing of TEI Fund's annual and semi-annual shareholder reports; (iii) Provide such fund accounting and financial reports in connection with the SEC of proxy statements with the assistance quarterly meetings of the Company. Prepare notices of Annual or Special Meetings of Shareholders, with the assistance of the Company. Provide consultation on proxy solicitation matters; — Attend and assist in the conduct of Shareholder Meetings and prepare scripts for and minutes of such meetings; — Advise and consult with Adviser on matters pertaining to new fund launches or new share classes, and assist with the deregistration of a fund/class; — Prepare and review with Company counsel the agenda and resolutions for all requested Board of Directors and committee meetings, attend meetings Managers as appropriate are required or requested, make presentations to as the Board may reasonably request; (iv) Manage the tender offer process, including coordinating with outside service provider to distribute tender offers, track shareholder responses and committee meetings where appropriatetabulate tender offer results; (v) Coordinate with TEI Fund's counsel on drafting, prepare minutes for Board reviewing and committee meetings; prepare Board meeting notices, agendas and materials for quarterly meetings and special meetings. — Maintain copies of the Company’s Charter and By-Laws; — Maintain corporate records of the Company, maintain master filing registration statements and comply with SEC requirements in advance tender offers, and coordinate printing and delivery of prospectus and during any examinations; — Assist tender offers; (vi) Provide consultation to TEI Fund and its Adviser on regulatory matters relating to the Company operation of TEI Fund, and update TEI Fund and its Adviser on significant regulatory and legislative developments which may affect TEI Fund; (vii) Develop or assist legal counsel to TEI Fund in the development of policies and procedures relating to the operation of TEI Fund; (viii) Assist TEI Fund in handling of and responding to routine regulatory examinations of with respect to records retained or services provided by the Company Administrator, and work closely coordinate with the Company’s TEI Fund's legal counsel in response responding to any non-routine regulatory matters; — File Fidelity Bonds with the SEC pursuant to Rule 17g-1; — Maintain awareness of significant emerging regulatory and legislative developments that may affect the Company; take appropriate steps where necessary to amend the services contemplated hereunder to reflect such changes; update the Board and the Investment Adviser on these developments; — Maintain Blue Sky registrations and be proactive in monitoring shareholder accounts that fall under state filing exemptions; code the accounts that fall under state exemptions. — Monitor the Company’s status as a regulated investment company under Sub-Chapter M of the Internal Revenue Code of 1986, as amended, and advise the Company and its Adviser of any potential or actual violations; — Conduct daily post-trade compliance testing of the Fund(s)’ requirements under the 1940 Act and limitations contained in the Registration Statements as may be mutually agreed upon, including compliance reporting to the designated Officer(s) of the Company; — Prepare the Company’s federal and applicable state tax returns and extension requests for review by the Company’s independent accountants. Northern will sign the tax returns as Preparer, including Form 1120-RIC, Form 8613, and state level returns. Northern will then furnish the signed returns to the Company’s Treasurer for execution and filing with the appropriate authorities; — Prepare Form 1099-MISC (for Directors and vendors); — Prepare and mail year-end shareholder reporting (1099s for shareholders) to each shareholder of the Company; — Compute tax basis provisions for both excise and income tax purposes; — Prepare annual minimum distribution calculations (income and capital gain) for review and sign off of the Company prior to their declaration; provide no less than two month-end estimates of distribution amounts (e.g., as of August 31 and September 30) per fund in advance of the final calculations, using equalization in such calculations as appropriate; — Coordinate the audit of the Funds’ financial statements by the Company’s independent accountants and provide office facilities for audits as necessary; — Prepare and file, with the assistance of the Company, the annual and semi-annual shareholder reports and quarterly Schedules of Investments to be filed with the SEC; — Maintain books and records of the Company and its series as required under Rule 31a-1 of the 1940 Act, as may be mutually agreed upon; — Prepare for review by the designated Officer(s) of the Company annual fund expense budgets, perform accrual analyses and rollforward calculations on a periodic basis and recommend changes to fund expense accruals on a periodic basis; — Calculate, for purposes of the payment of routine or fixed expenses, the allocation among applicable Funds. The Administrator processes the payment of these routine or fixed expenses pursuant to a standing instruction. — Calculate, for purposes of the payment of variable or extraordinary expenses (e.g., invoices from Fund counsel), the allocation among applicable Funds. Furnish sufficient detail to an authorized person of the Adviser for review and approval of the variable or extraordinary expenses. Process the invoice payment upon receipt of the approval from the authorized person; — Calculate and provide income and expense ratios. — Prepare and furnish total return performance information for the Funds, including such information on an after-tax basis, calculate in accordance with applicable U.S. securities laws and regulations, as may be reasonably requested by Company management; — Provide sub-certifications in connection with the requirements of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 matters with respect to services provided by such matters; (ix) Coordinate as necessary the registration or qualification of Units of TEI Fund with appropriate state securities authorities; (x) Coordinate the Funds' Board of Director's schedule, agenda and production of Board meeting materials; and, participate in meetings upon request; and. (xi) Perform such additional administrative duties relating to the administration of TEI Fund as may subsequently be agreed upon in writing between TEI Fund and the Administrator; — Authorize borrowing from the Company’s line of credit in the event a Fund is overdrawn (or will be overdrawn), after the Transfer Agent confirms the true position and Northern’s Credit Department and the Adviser have been notified borrowing from the line of credit will occur — Provide qualified individuals to serve as Secretary, Assistant Secretary and Assistant Treasurer of the Company to perform such specific functions as mutually agreed upon from time to time:.

Description of Administration Services on a Continuous Basis. Maintain accurate and complete Board calendars and regulatory filing calendars; — • Prepare for filing with the Securities and Exchange Commission (“SEC”) the following documents, as applicable: Form N-SAR, Form N-CEN, Form N-CSR, Form N-Q, Form N-PX PORT, Form N-PX, Form N-MFP, and Form N-LIQUID and all amendments to the Registration StatementStatements, including annual updates of the Prospectus(es) and SAI(s) for the series of the Company Funds and any sticker supplements thereto; — • Prepare quarterly broker security transaction summaries; • Supply various normal and customary Fund and Trust statistical data as requested on an ongoing basis; • Prepare and coordinate the filing of Rule 24f-2 notices, including coordination of related payment, if necessary; — • Support fund counsel with the preparation of notices of Annual or Special Meeting of Shareholders and filing with the SEC of proxy statements with the assistance of the Company. Prepare notices of Annual or Special Meetings of Shareholders, with the assistance of the Company. Provide consultation on proxy solicitation mattersinformation statements; — • Attend and assist in the conduct of Shareholder Meetings shareholder meetings and prepare scripts for and minutes of such meetings; — • Advise and consult with the Adviser on matters pertaining to new fund launches or new share classes, and assist with the deregistration of a fund/classclass when applicable; — • Prepare and review with Company fund counsel and the agenda Adviser the agenda, resolutions and resolutions notices and coordinate the assembly and distribution of board materials for all requested Board of Directors Trustees and committee Committee meetings, attend meetings as appropriate or requested, make presentations to the Board and committee meetings where appropriate, prepare minutes for Board and committee Committee meetings; prepare Board meeting notices, agendas and materials for • Report to the board quarterly meetings and special meetings. — regarding the Administrator’s activities on behalf of the Trust; • Maintain copies of the CompanyTrust’s Charter Declaration of Trust and By-Laws; — • Maintain corporate certain books and records of the Company, maintain master registration statements Funds as required under Rule 31a-1 of the 1940 Act and comply with SEC requirements in advance of and during any examinations; — • Assist the Company Funds in the handling production of documentation for routine regulatory examinations of the Company Funds relative to Board and Committee meetings and filings described herein and work closely with the Company’s Funds’ legal counsel in response to any non-routine regulatory matters; — File Fidelity Bonds • As requested, coordinate with insurance providers, including solicitation of bids for trustees & officers/errors & omissions insurance and fidelity bond coverage, monitor assets to ensure adequate fidelity bond coverage is maintained and file the fidelity bond policy with the SEC pursuant to Rule 17g-117g-1 and 17d-1((d)7); — • Maintain awareness of significant emerging regulatory and legislative developments that may affect the Company; take appropriate steps where necessary to amend the services contemplated hereunder to reflect such changes; Funds and update the Board Board, and the Investment Adviser on these such developments; — Maintain • Act as liaison between the provider of Blue Sky registrations services and be proactive the Adviser in monitoring shareholder accounts that fall under state matters relating to the Funds’ compliance with State Blue Sky filing exemptionsrequirements; code the accounts that fall under state exemptions. — • Monitor the Companyeach Fund’s status as a regulated investment company under Sub-Chapter M of the Internal Revenue Code of 1986, as amended, and advise the Company Funds and its the Adviser of any potential or actual violations; — • Conduct daily post-trade compliance testing of the Fund(s)Funds’ requirements under the limitations including 1940 Act and limitations, limitations contained in the Registration Statements Statements, limitations contained in mandates, or other limitations as may be requested by the Trust as mutually agreed upon, including compliance reporting to the designated Officer(s) of the CompanyTrust as mutually agreed upon; — • Prepare the Company’s Funds’ federal and applicable state tax returns and extension requests for review and signature by the Company’s Funds’ independent accountants. Northern will sign the tax returns as Preparer, including Form 1120-RIC, Form 8613, and state level returns. ; Northern will then furnish the signed returns to the Company’s Funds’ Treasurer for execution and filing with the appropriate authorities; — • Prepare Form 1099-MISC (for Directors Trustees and vendors); — Prepare and mail • Provide data to assist in the preparation of year-end shareholder reporting (1099s for shareholders) to each shareholder of the CompanyFunds; — • Compute tax basis provisions for both excise and income tax purposes; — • Prepare annual minimum distribution calculations (income and capital gain) for review and sign off of by the Company Adviser prior to their declaration; provide no less than two month-end estimates of distribution amounts (e.g., as of August 31 and September 30) per fund Fund in advance of the final calculations, using equalization in such calculations as appropriateif directed by the Adviser and the Funds; — • Coordinate the audit of the Funds’ financial statements by the Company’s Funds’ independent accountants and provide office facilities for audits as necessary; — • Prepare and file, with the assistance of the CompanyAdviser, the annual and semi-annual shareholder reports and quarterly Schedules of Investments to be filed with the SEC; — Maintain books and records of the Company and its series as required under Rule 31a-1 of the 1940 Act, as may be mutually agreed upon; — • Prepare for review by the designated Officer(s) of the Company Funds annual fund expense budgets, perform accrual analyses and rollforward calculations on a periodic basis and recommend changes to fund expense accruals on a periodic basis; — • Calculate, for purposes of the payment of routine or fixed expenses, the allocation among applicable Funds. The Administrator processes Funds and process the payment of these routine or fixed expenses pursuant to a standing instruction. — • Calculate, for purposes of the payment of variable or extraordinary expenses (e.g., invoices from Fund fund counsel), the allocation among applicable Funds. ; Furnish sufficient detail to an authorized person of the Adviser for review and approval of the variable or extraordinary expenses. ; Process the invoice payment upon receipt of the approval from the authorized person; — • Calculate and provide income factors and expense ratios. — ; • Prepare and furnish total return performance information for the Funds, including such information on an after-tax basis, calculate in accordance with applicable U.S. securities laws and regulations, as may be reasonably requested by Company managementthe Adviser; — • Provide sub-certifications in connection with the requirements of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 with respect to services provided by the Administrator; — Authorize borrowing from the Company’s line of credit in the event a Fund is overdrawn (or will be overdrawn), after the Transfer Agent confirms the true position and • Provide Northern’s Credit Department and Compliance Program for Registered Fund Clients annually; • Provide the Adviser have been notified borrowing from the line results of credit will occur — Provide qualified individuals to serve as Secretary, Assistant Secretary and Assistant Treasurer testing of the Company key controls of Northern’s Compliance Program for Registered Fund Clients quarterly; • Communicate and coordinate with other Trust service providers as necessary and as directed by the Trust to perform such specific functions duties as the Trust’s administration and accounting services agent; • Provide compliance policies and procedures related to services provided by the Administrator and, if mutually agreed upon from time agreed, certain of the Administrator’s affiliates, summary procedures thereof and periodic certification letters; and • Perform such additional regulatory services for the Trust on such terms and for such fees as the parties hereto may agree. All regulatory services are subject to time:the review and approval of Trust counsel.

Description of Administration Services on a Continuous Basis. Maintain accurate The Administrator will perform the following administration services: (i) Prepare and complete Board calendars file Portfolio Fund's Annual and regulatory filing calendars; — Prepare for filing Semi-Annual Reports with the Securities and Exchange Commission (“SEC”) the following documents: SEC on Form N-SAR, Form NSAR via EDGAR; (ii) Coordinate with the adviser the preparation ▇▇▇ printing of Portfolio Fund's annual and semi-CSR, Form N-Q, Form N-PX annual shareholder reports; (iii) Provide such fund accounting and all amendments to financial reports in connection with quarterly meetings of the Registration StatementBoard of Managers as are required or as the Board may reasonably request; (iv) Manage the tender offer process, including annual updates of the Prospectus(escoordinating with outside service provider to distribute tender offers, track shareholder responses and tabulate tender offer results; (v) and SAI(s) for the series of the Company and any sticker supplements thereto; — Prepare and coordinate the filing of Rule 24f-2 noticesCoordinate with Portfolio Fund's counsel on drafting, including coordination of payment; — Support fund counsel with the preparation reviewing and filing with the SEC of proxy statements with the assistance of the Company. Prepare notices of Annual or Special Meetings of Shareholders, with the assistance of the Company. Provide consultation on proxy solicitation matters; — Attend and assist in the conduct of Shareholder Meetings and prepare scripts for and minutes of such meetings; — Advise and consult with Adviser on matters pertaining to new fund launches or new share classes, and assist with the deregistration of a fund/class; — Prepare and review with Company counsel the agenda and resolutions for all requested Board of Directors and committee meetings, attend meetings as appropriate or requested, make presentations to the Board and committee meetings where appropriate, prepare minutes for Board and committee meetings; prepare Board meeting notices, agendas and materials for quarterly meetings and special meetings. — Maintain copies of the Company’s Charter and By-Laws; — Maintain corporate records of the Company, maintain master registration statements and comply with SEC requirements in advance tender offers, and coordinate printing and delivery of prospectus and during any examinations; — Assist tender offers; (vi) Provide consultation to Portfolio Fund and its Adviser on regulatory matters relating to the Company operation of Portfolio Fund, and update Portfolio Fund and its Adviser on significant regulatory and legislative developments which may affect Portfolio Fund; (vii) Develop or assist legal counsel to Portfolio Fund in the development of policies and procedures relating to the operation of Portfolio Fund; (viii) Assist Portfolio Fund in handling of and responding to routine regulatory examinations of with respect to records retained or services provided by the Company Administrator, and work closely coordinate with the Company’s Portfolio Fund's legal counsel in response responding to any non-routine regulatory matters; — File Fidelity Bonds with the SEC pursuant to Rule 17g-1; — Maintain awareness of significant emerging regulatory and legislative developments that may affect the Company; take appropriate steps where necessary to amend the services contemplated hereunder to reflect such changes; update the Board and the Investment Adviser on these developments; — Maintain Blue Sky registrations and be proactive in monitoring shareholder accounts that fall under state filing exemptions; code the accounts that fall under state exemptions. — Monitor the Company’s status as a regulated investment company under Sub-Chapter M of the Internal Revenue Code of 1986, as amended, and advise the Company and its Adviser of any potential or actual violations; — Conduct daily post-trade compliance testing of the Fund(s)’ requirements under the 1940 Act and limitations contained in the Registration Statements as may be mutually agreed upon, including compliance reporting to the designated Officer(s) of the Company; — Prepare the Company’s federal and applicable state tax returns and extension requests for review by the Company’s independent accountants. Northern will sign the tax returns as Preparer, including Form 1120-RIC, Form 8613, and state level returns. Northern will then furnish the signed returns to the Company’s Treasurer for execution and filing with the appropriate authorities; — Prepare Form 1099-MISC (for Directors and vendors); — Prepare and mail year-end shareholder reporting (1099s for shareholders) to each shareholder of the Company; — Compute tax basis provisions for both excise and income tax purposes; — Prepare annual minimum distribution calculations (income and capital gain) for review and sign off of the Company prior to their declaration; provide no less than two month-end estimates of distribution amounts (e.g., as of August 31 and September 30) per fund in advance of the final calculations, using equalization in such calculations as appropriate; — Coordinate the audit of the Funds’ financial statements by the Company’s independent accountants and provide office facilities for audits as necessary; — Prepare and file, with the assistance of the Company, the annual and semi-annual shareholder reports and quarterly Schedules of Investments to be filed with the SEC; — Maintain books and records of the Company and its series as required under Rule 31a-1 of the 1940 Act, as may be mutually agreed upon; — Prepare for review by the designated Officer(s) of the Company annual fund expense budgets, perform accrual analyses and rollforward calculations on a periodic basis and recommend changes to fund expense accruals on a periodic basis; — Calculate, for purposes of the payment of routine or fixed expenses, the allocation among applicable Funds. The Administrator processes the payment of these routine or fixed expenses pursuant to a standing instruction. — Calculate, for purposes of the payment of variable or extraordinary expenses (e.g., invoices from Fund counsel), the allocation among applicable Funds. Furnish sufficient detail to an authorized person of the Adviser for review and approval of the variable or extraordinary expenses. Process the invoice payment upon receipt of the approval from the authorized person; — Calculate and provide income and expense ratios. — Prepare and furnish total return performance information for the Funds, including such information on an after-tax basis, calculate in accordance with applicable U.S. securities laws and regulations, as may be reasonably requested by Company management; — Provide sub-certifications in connection with the requirements of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 matters with respect to services provided by such matters; (ix) Coordinate as necessary the registration or qualification of Units of Portfolio Fund with appropriate state securities authorities; (x) Coordinate the Funds' Board of Director's schedule, agenda and production of Board meeting materials; and, participate in meetings upon request; and. (xi) Perform such additional administrative duties relating to the administration of Portfolio Fund as may subsequently be agreed upon in writing between Portfolio Fund and the Administrator; — Authorize borrowing from the Company’s line of credit in the event a Fund is overdrawn (or will be overdrawn), after the Transfer Agent confirms the true position and Northern’s Credit Department and the Adviser have been notified borrowing from the line of credit will occur — Provide qualified individuals to serve as Secretary, Assistant Secretary and Assistant Treasurer of the Company to perform such specific functions as mutually agreed upon from time to time:.

Description of Administration Services on a Continuous Basis. ● Maintain accurate and complete Board calendars and regulatory filing calendars; — ● Prepare for filing with the Securities and Exchange Commission (“SEC”) the following documents: Form N-SAR, Form N-CSR, Form N-Q, Form N-PX , Form N-30B-2, and all amendments to the Registration StatementStatements, including annual updates of the Prospectus(es) and SAI(s) for the series of the Company Funds and any sticker supplements thereto; — ● Prepare and coordinate the filing of Rule 24f-2 notices, including coordination of related payment, if necessary; — ● Support fund counsel with the preparation and filing with the SEC of proxy statements with the assistance of the Company. Prepare notices of Annual or Special Meetings of Shareholders, with the assistance of the Company. Provide consultation on proxy solicitation mattersstatements; — ● Attend and assist in the conduct of Shareholder Meetings shareholder meetings and prepare scripts for and minutes of such meetings; — ● Advise and consult with the Adviser and the investment adviser on matters pertaining to new fund launches or new share classes, and assist with the deregistration of a fund/classclass when applicable; — ● Prepare and review with Company fund counsel and the agenda Adviser the agenda, resolutions and resolutions notices for all requested Board of Directors Trustees and committee Committee meetings, attend meetings as appropriate or requested, make presentations to the Board and committee meetings where appropriate, prepare minutes for Board and committee Committee meetings; prepare Board meeting notices, agendas and materials for quarterly meetings and special meetings. — ● Maintain copies of the CompanyTrust’s Charter Declaration of Trust and By-Laws; — ● Maintain corporate certain books and records of the Company, maintain master registration statements Funds as required under Rule 31a-1 of the 1940 Act and comply with SEC requirements in advance of and during any examinations; — ● Assist the Company Funds in the handling production of documentation for routine regulatory examinations of the Company Funds relative to Board and Committee meetings and filings described herein and work closely with the Company’s Funds’ legal counsel in response to any non-routine regulatory matters; — File Fidelity Bonds ● As requested, coordinate with insurance providers, including solicitation of bids for trustees & officers/errors & omissions insurance and fidelity bond coverage, monitor assets to ensure adequate fidelity bond coverage is maintained and file the fidelity bond policy with the SEC pursuant to Rule 17g-1; — ● Maintain awareness of significant emerging regulatory and legislative developments that may affect the Company; take appropriate steps where necessary to amend the services contemplated hereunder to reflect such changes; Funds and update the Board Board, the Adviser on such developments; ● Act as liaison between the provider of Blue Sky services and the Investment Adviser on these developments; — Maintain in matters relating to the Funds’ compliance with State Blue Sky registrations and be proactive in monitoring shareholder accounts that fall under state filing exemptionsrequirements; code the accounts that fall under state exemptions. — ● Monitor the CompanyFund’s status as a regulated investment company under Sub-Chapter M of the Internal Revenue Code of 1986, as amended, and advise the Company Funds and its the Adviser of any potential or actual violations; — ● Conduct daily post-trade compliance testing of the Fund(s)Funds’ requirements under the 1940 Act and limitations contained in the Registration Statements as may be mutually agreed upon, including compliance reporting to the designated Officer(s) of the CompanyTrust as mutually agreed upon; — ● Prepare the Company’s Funds’ federal and applicable state tax returns and extension requests for review and signature by the Company’s Funds’ independent accountants. Northern will sign the tax returns as Preparer, including Form 1120-RIC, Form 8613, and state level returns. ; Northern will then furnish the signed returns to the Company’s Funds’ Treasurer for execution and filing with the appropriate authorities; — ● Prepare Form 1099-MISC (for Directors Trustees and vendors); — Prepare and mail ● Provide data to assist in the preparation of year-end shareholder reporting (1099s for shareholders) to each shareholder of the CompanyFunds; — ● Compute tax basis provisions for both excise and income tax purposes; — ● Prepare annual minimum distribution calculations (income and capital gain) for review and sign off of by the Company Adviser prior to their declaration; provide no less than two month-end estimates of distribution amounts (e.g., as of August 31 and September 30) per fund Fund in advance of the final calculations, using equalization in such calculations as appropriateif directed by the Adviser and the Funds; — ● Coordinate the audit of the Funds’ financial statements by the Company’s Funds’ independent accountants and provide office facilities for audits as necessary; — ● Prepare and file, with the assistance of the CompanyAdviser, the annual and semi-annual shareholder reports and quarterly Schedules of Investments to be filed with the SEC; — Maintain books and records of the Company and its series as required under Rule 31a-1 of the 1940 Act, as may be mutually agreed upon; — ● Prepare for review by the designated Officer(s) of the Company Funds annual fund expense budgets, perform accrual analyses and rollforward calculations on a periodic basis and recommend changes to fund expense accruals on a periodic basis; — ● Calculate, for purposes of the payment of routine or fixed expenses, the allocation among applicable Funds. The Administrator processes Funds and process the payment of these routine or fixed expenses pursuant to a standing instruction. — ● Calculate, for purposes of the payment of variable or extraordinary expenses (e.g., invoices from Fund fund counsel), the allocation among applicable Funds. ; Furnish sufficient detail to an authorized person of the Adviser for review and approval of the variable or extraordinary expenses. ; Process the invoice payment upon receipt of the approval from the authorized person; — ● Calculate and provide income and expense ratios. — ; ● Prepare and furnish total return performance information for the Funds, including such information on an after-tax basis, calculate in accordance with applicable U.S. securities laws and regulations, as may be reasonably requested by Company managementthe Adviser; — ● Provide sub-certifications in connection with the requirements of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 with respect to services provided by the Administrator; — Authorize ● Provide Northern’s Compliance Program for Registered Fund Clients annually; ● Provide the results of testing of the key controls of Northern’s Compliance Program for Registered Fund Clients quarterly; and ● Initiate borrowing from the Company’s Funds’ line of credit with Northern in the event a Fund is overdrawn (or will be overdrawn), after the Transfer Agent confirms the true position and Northern’s Credit Department and the Adviser have been notified that borrowing from the line of credit will occur — Provide qualified individuals occur. Northern shall provide the following services in respect of each Fund, in each case, subject to serve as Secretarythe control, Assistant Secretary supervision and Assistant Treasurer direction of the Company to perform such specific functions as mutually agreed upon Adviser and the Board of Trustees of the Funds and the review and comment by the Funds’ auditors and legal counsel and in accordance with procedures which may be established from time to timetime between the Trust and Northern: