Common use of Disclaimer of Shareholder and Trustee Liability Clause in Contracts

Disclaimer of Shareholder and Trustee Liability. The Distributor ----------------------------------------------------- understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming Trustee and shareholder liability for acts or obligations of the Fund. Active Allocation Fund, a series of Oppenheimer Portfolio Seri▇▇ By: /s/ Robert G. Zack ------------------ Robert G. Zack Secretary OppenheimerFunds Distributor, Inc. By: /s/ James H. Ruff ----------------- James H. Ruff President Distribution and Service Plan and Agreement with OppenheimerFunds Distributor, Inc. For Class C Shares of Active Allocation Fund, a series of Oppenheimer Portfolio Seri▇▇ ▇▇▇▇ ▇istribution and Service Plan and Agreement (the "Plan") is dated as of the 8th day of December, 2004, by and between Active Allocation Fund (the "Fund"), a series of Oppenheimer Portfolio Se▇▇▇▇, ▇▇▇ OppenheimerFunds Distributor, Inc. (the "Distributor").

Disclaimer of Shareholder and Trustee Liability. The Distributor ----------------------------------------------------- ---------------------------------------------------- understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming Trustee and shareholder liability for acts or obligations of the Fund. Active Allocation Moderate Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ By: /s/ Robert G. Zack ------------------ Robert G. Zack Secretary OppenheimerFunds Distributor, Inc. By: /s/ James H. Ruff ----------------- James H. Ruff President Distribution and Service Plan and Agreement DISTRIBUTION AND SERVICE PLAN AND AGREEMENT with OppenheimerFunds Distributor, Inc. For Class C N Shares of Active Allocation Moderate Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ ▇▇▇▇ ▇istribution and Service Plan and Agreement (the "Plan") is dated as of the 8th day of December, 2004, by and between Active Allocation Moderate Investor Fund (the "Fund"), a series of Oppenheimer Portfolio Se▇▇▇▇, ▇▇▇ OppenheimerFunds Distributor, Inc. (the "Distributor").

Disclaimer of Shareholder and Trustee Liability. The Distributor ----------------------------------------------------- understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming Trustee and shareholder liability for acts or obligations of the Fund. Active Allocation Aggressive Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ By: /s/ Robert G. Zack ------------------ Robert G. Zack Secretary OppenheimerFunds Distributor, Inc. By: /s/ James H. Ruff ----------------- James H. Ruff President Distribution and Service Plan and Agreement with OppenheimerFunds Distributor, Inc. For Class C Shares of Active Allocation Aggressive Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ ▇▇▇▇ ▇istribution and Service Plan and Agreement (the "Plan") is dated as of the 8th day of December, 2004, by and between Active Allocation Aggressive Investor Fund (the "Fund"), a series of Oppenheimer Portfolio Se▇▇▇▇, ▇▇▇ OppenheimerFunds Distributor, Inc. (the "Distributor").

Disclaimer of Shareholder and Trustee Liability. The Distributor ----------------------------------------------------- understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Active Allocation Conservative Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ By: /s/ Robert G. Zack ------------------ Robert G. Zack Secretary OppenheimerFunds Distributor, Inc. Inc By: /s/ James H. Ruff ----------------- James H. Ruff President Distribution and Service Plan and Agreement SERVICE PLAN AND AGREEMENT with OppenheimerFunds Distributor, Inc. For Class C A Shares of Active Allocation Moderate Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ ▇▇▇▇ ▇istribution and Service Plan and Agreement ERVICE PLAN AND AGREEMENT (the "Plan") is dated as of the 8th day of December, 2004, by and between Active Allocation Moderate Investor Fund (the "Fund"), a series of Oppenheimer Portfolio Se▇▇Seri▇▇, ▇▇▇ OppenheimerFunds ▇▇▇enheimerFunds Distributor, Inc. (the "Distributor").

Disclaimer of Shareholder and Trustee Liability. The Distributor ----------------------------------------------------- understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Active Allocation Fund, a series of Oppenheimer Portfolio Seri▇▇ By: /s/ Robert G. Zack ------------------ Robert G. Zack Secretary OppenheimerFunds Distributor, Inc. Inc By: /s/ James H. Ruff ----------------- James H. Ruff President Distribution and Service Plan and Agreement SERVICE PLAN AND AGREEMENT with OppenheimerFunds Distributor, Inc. For Class C A Shares of Active Allocation Aggressive Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ ▇▇▇▇ ▇istribution and Service Plan and Agreement ERVICE PLAN AND AGREEMENT (the "Plan") is dated as of the 8th day of December, 2004, by and between Active Allocation Aggressive Investor Fund (the "Fund"), a series of Oppenheimer Portfolio Se▇▇▇▇, ▇▇▇ OppenheimerFunds Distributor, Inc. (the "Distributor").

Disclaimer of Shareholder and Trustee Liability. The Distributor ----------------------------------------------------- understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Active Allocation Moderate Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ By: /s/ Robert G. Zack ------------------ Robert G. Zack Secretary OppenheimerFunds Distributor, Inc. By: /s/ James H. Ruff ----------------- James H. Ruff President Distribution and Service Plan and Agreement with OppenheimerFunds Distributor, Inc. For Class C B Shares of Active Allocation Moderate Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ ▇▇▇▇ ▇istribution and Service Plan and Agreement (the "Plan") is dated as of the 8th day of December, 2004, by and between Active Allocation Moderate Investor Fund (the "Fund"), a series of Oppenheimer Portfolio Se▇▇▇▇, ▇▇▇ OppenheimerFunds Distributor, Inc. (the "Distributor").

Disclaimer of Shareholder and Trustee Liability. The Distributor ----------------------------------------------------- understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Active Allocation Conservative Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ By: /s/ Robert G. Zack ------------------ Robert G. Zack Secretary OppenheimerFunds Distributor, Inc. By: /s/ James H. Ruff ----------------- James H. Ruff President Distribution and Service Plan and Agreement with OppenheimerFunds Distributor, Inc. For Class C B Shares of Active Allocation Conservative Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ ▇▇▇▇ ▇istribution and Service Plan and Agreement (the "Plan") is dated as of the 8th day of December, 2004, by and between Active Allocation Conservative Investor Fund (the "Fund"), a series of Oppenheimer Portfolio Se▇▇▇▇, ▇▇▇ OppenheimerFunds Distributor, Inc. (the "Distributor").

Disclaimer of Shareholder and Trustee Liability. The Distributor ----------------------------------------------------- understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Active Allocation Aggressive Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ By: /s/ Robert G. Zack ------------------ Robert G. Zack Secretary OppenheimerFunds Distributor, Inc. Inc By: /s/ James H. Ruff ----------------- James H. Ruff President Distribution and Service Plan and Agreement SERVICE PLAN AND AGREEMENT with OppenheimerFunds Distributor, Inc. For Class C A Shares of Active Allocation Conservative Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ ▇▇▇▇ ▇istribution and Service Plan and Agreement ERVICE PLAN AND AGREEMENT (the "Plan") is dated as of the 8th day of December, 2004, by and between Active Allocation Conservative Investor Fund (the "Fund"), a series of Oppenheimer Portfolio Se▇▇▇▇, ▇▇▇ OppenheimerFunds Distributor, Inc. (the "Distributor").

Disclaimer of Shareholder and Trustee Liability. The Distributor ----------------------------------------------------- understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming Trustee and shareholder liability for acts or obligations of the Fund. Active Allocation Moderate Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ By: /s/ Robert G. Zack ------------------ Robert G. Zack Secretary OppenheimerFunds Distributor, Inc. By: /s/ James H. Ruff ----------------- James H. Ruff President Distribution and Service Plan and Agreement with OppenheimerFunds Distributor, Inc. For Class C Shares of Active Allocation Moderate Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ ▇▇▇▇ ▇istribution and Service Plan and Agreement (the "Plan") is dated as of the 8th day of December, 2004, by and between Active Allocation Moderate Investor Fund (the "Fund"), a series of Oppenheimer Portfolio Se▇▇▇▇, ▇▇▇ OppenheimerFunds Distributor, Inc. (the "Distributor").

Disclaimer of Shareholder and Trustee Liability. The Distributor ----------------------------------------------------- ---------------------------------------------------- understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming Trustee and shareholder liability for acts or obligations of the Fund. Active Allocation Conservative Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ By: /s/ Robert G. Zack ------------------ Robert G. Zack Secretary OppenheimerFunds Distributor, Inc. By: /s/ James H. Ruff ----------------- James H. Ruff President Distribution and Service Plan and Agreement DISTRIBUTION AND SERVICE PLAN AND AGREEMENT with OppenheimerFunds Distributor, Inc. For Class C N Shares of Active Allocation Conservative Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ ▇▇▇▇ ▇istribution and Service Plan and Agreement (the "Plan") is dated as of the 8th day of December, 2004, by and between Active Allocation Conservative Investor Fund (the "Fund"), a series of Oppenheimer Portfolio Se▇▇▇▇, ▇▇▇ OppenheimerFunds Distributor, Inc. (the "Distributor").

Disclaimer of Shareholder and Trustee Liability. The Distributor ----------------------------------------------------- ---------------------------------------------------- understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming Trustee and shareholder liability for acts or obligations of the Fund. Active Allocation Fund, a series of Oppenheimer Portfolio Seri▇▇ By: /s/ Robert G. Zack ------------------ Robert G. Zack Secretary OppenheimerFunds Distributor, Inc. By: /s/ James H. Ruff ----------------- James H. Ruff President Distribution and Service Plan and Agreement DISTRIBUTION AND SERVICE PLAN AND AGREEMENT with OppenheimerFunds Distributor, Inc. For Class C N Shares of Active Allocation Fund, a series of Oppenheimer Portfolio Seri▇▇ ▇▇▇▇ ▇istribution and Service Plan and Agreement (the "Plan") is dated as of the 8th day of December, 2004, by and between Active Allocation Fund (the "Fund"), a series of Oppenheimer Portfolio Se▇▇▇▇, ▇▇▇ OppenheimerFunds Distributor, Inc. (the "Distributor").

Disclaimer of Shareholder and Trustee Liability. The Distributor ----------------------------------------------------- understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Active Allocation Fund, a series of Oppenheimer Portfolio Seri▇▇ By: /s/ Robert G. Zack ------------------ Robert G. Zack Secretary OppenheimerFunds Distributor, Inc. By: /s/ James H. Ruff ----------------- James H. Ruff President Distribution and Service Plan and Agreement with OppenheimerFunds Distributor, Inc. For Class C B Shares of Active Allocation Fund, a series of Oppenheimer Portfolio Seri▇▇ ▇▇▇▇ ▇istribution and Service Plan and Agreement (the "Plan") is dated as of the 8th day of December, 2004, by and between Active Allocation Fund (the "Fund"), a series of Oppenheimer Portfolio Se▇▇▇▇, ▇▇▇ OppenheimerFunds Distributor, Inc. (the "Distributor").

Disclaimer of Shareholder and Trustee Liability. The Distributor ----------------------------------------------------- understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Active Allocation Aggressive Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ By: /s/ Robert G. Zack ------------------ Robert G. Zack Secretary OppenheimerFunds Distributor, Inc. By: /s/ James H. Ruff ----------------- James H. Ruff President Distribution and Service Plan and Agreement with OppenheimerFunds Distributor, Inc. For Class C B Shares of Active Allocation Aggressive Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ ▇▇▇▇ ▇istribution and Service Plan and Agreement (the "Plan") is dated as of the 8th day of December, 2004, by and between Active Allocation Aggressive Investor Fund (the "Fund"), a series of Oppenheimer Portfolio Se▇▇▇▇, ▇▇▇ OppenheimerFunds Distributor, Inc. (the "Distributor").

Disclaimer of Shareholder and Trustee Liability. The Distributor ----------------------------------------------------- understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming Trustee and shareholder liability for acts or obligations of the Fund. Active Allocation Conservative Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ By: /s/ Robert G. Zack ------------------ Robert G. Zack Secretary OppenheimerFunds Distributor, Inc. By: /s/ James H. Ruff ----------------- James H. Ruff President Distribution and Service Plan and Agreement with OppenheimerFunds Distributor, Inc. For Class C Shares of Active Allocation Conservative Investor Fund, a series of Oppenheimer Portfolio Seri▇▇ ▇▇▇▇ ▇istribution and Service Plan and Agreement (the "Plan") is dated as of the 8th day of December, 2004, by and between Active Allocation Conservative Investor Fund (the "Fund"), a series of Oppenheimer Portfolio Se▇▇▇▇, ▇▇▇ OppenheimerFunds Distributor, Inc. (the "Distributor").