Common use of FUTURES CONTRACT OPTIONS Clause in Contracts

FUTURES CONTRACT OPTIONS. 1. Promptly after the purchase of any Futures Contract Option by the Fund, the Fund shall deliver or cause the Admin- istrator to deliver to the Custodian a Certificate specifying with respect to such Futures Contract Option: (a) the Series to which such Option is specifically allocated; (b) the type of Futures Contract Option (put or call); (c) the type of Fu- tures Contract and such other information as may be necessary to identify the Futures Contract underlying the Futures Con- tract Option purchased; (d) the expiration date; (e) the exer- cise price;