Common use of Execution and Effectiveness Clause in Contracts

Execution and Effectiveness. This Agreement must be executed and delivered by e-mail, attached to such e-mail in portable document format (PDF), by the Investment Company to the Treasury not later than 11:59 p.m., Washington, D.C. time, on October 8, 2008. This Agreement shall not be deemed to be executed and delivered by the Investment Company until the delivery to the Treasury of (i) this Guarantee Agreement, (ii) the Execution Notice, in the form of Exhibit G, and (iii) for each Fund, the Acknowledgment and Investment Adviser Undertaking, all individually properly executed and authorized, along with the Program Participation Payment, as required in Section 4. In the event that this Guarantee Agreement is not deemed executed by the Investment Company on or before October 8, 2008 as set forth above, or the Treasury does not execute this Guarantee Agreement, any Program Participation Payment that has been remitted to the Treasury shall be returned to the Investment Company.

Execution and Effectiveness. This Agreement must be executed and delivered by e-mail, attached to such e-mail in portable document format (PDF), by the Investment Company Fund to the Treasury not later than 11:59 p.m., Washington, D.C. time, on October 8, 2008. This Agreement shall not be deemed to be executed and delivered by the Investment Company Fund until the delivery to the Treasury of (i) this Guarantee Agreement, (ii) the Execution Notice, in the form of Exhibit G, and (iii) for each Fund, the Acknowledgment and Investment Adviser Undertaking, all individually properly executed and authorized, along with the Program Participation Payment, as required in Section 4. In the event that this Guarantee Agreement is not deemed executed by the Investment Company Fund on or before October 8, 2008 as set forth above, or the Treasury does not execute this Guarantee Agreement, any Program Participation Payment that has been remitted to the Treasury shall be returned to the Investment Company.