Common use of Operational Terms Clause in Contracts

Operational Terms. Administrator or its delegate(s) will furnish Servicer or its delegate, on each Business Day with respect to each Class of each Fund made available by such Servicer, with (i) net asset value information as determined at or about the Valuation Time and (ii) income accrual factors, dividend, and capital gains information as it becomes available. Administrator or its delegate(s) will use best efforts to provide net asset value, income accrual, dividend and capital gains information to Servicer or its designee by 7:00 p.m. Eastern Time on each Business Day. Servicer will ensure that all Orders are dated and time stamped when received by Servicer or any Indirect Intermediary. Unless otherwise instructed by Servicer, dividends and capital gains distributions from any Fund shall be automatically reinvested in additional Shares of such Fund. Except with respect to the processing of Orders utilizing the National Securities Clearing Corporation (“NSCC”) Fund/SERV system (“Fund/SERV”) or the Defined Contribution Clearance & Settlement System (“DCC&S”), as discussed below, payment for net purchases of Shares attributable to all Orders placed with a Company or the Transfer Agent as of the Valuation Time on a given Business Day will be wired by Servicer or its delegate to such Company’s custodial account designated by the Administrator no later than 3:00 p.m. Eastern time on the next Business Day. Purchases of Shares will settle only upon receipt of payment in full by the Transfer Agent or other delegate of the Company. Administrator ordinarily shall provide for payment of net redemptions of Shares attributable to Orders received in good order by Servicer or its delegate prior to the Valuation Time on a given Business Day to be wired to a custodial account designated by Servicer no later than 3:00 p.m. Eastern Time on the next Business Day. Notwithstanding the foregoing, each Company may, if it deems appropriate, delay redemptions of the Shares of a Fund or postpone payment upon redemption, to the extent permitted by the 1940 Act. If, and to the extent, Distributor and Servicer process Orders through Fund/SERV, and/or utilize the NSCC Networking system (“NETWORKING”) or DCC&S in connection with processing, account reconciliation and dividend processing, Servicer represents that it has access to Fund/SERV, NETWORKING and/or DCC&S services. Distributor and Servicer shall abide by the Rules & Procedures of the NSCC (“Rules”) and the Rules shall be part of the terms and conditions of each transaction and/or other processes that utilize Fund/SERV, NETWORKING and/or DCC&S services. For all Orders processed other than through the NSCC, Servicer shall comply with such reasonable procedures as Distributor shall specify. Receipt in “good order” shall mean that all documentation, information, date and time stamps, signatures, and signature guarantees are complete, accurate and legible, and have otherwise been obtained and/or verified to the reasonable satisfaction of the Company, Transfer Agent, Distributor or Administrator in a manner consistent with industry standards and practices, and are compliant with all requirements of Company policies, applicable laws, rules and regulations pertaining thereto. I. Delivery Information for Fulfillment Prospectuses Street Address: Email Address:

Operational Terms. Administrator or its delegate(s) will furnish Servicer Intermediary or its delegate, on each Business Day with respect to each Class of each Fund offered or made available by such ServicerIntermediary, with (i) net asset value information as determined at or about the Valuation Time and (ii) income accrual factors, dividend, and capital gains information as it becomes available. The Administrator or its delegate(s) will use best efforts to provide net asset value, income accrual, dividend and capital gains information to Servicer Intermediary or its designee delegate by 7:00 p.m. Eastern Time on each Business Day. Servicer Intermediary will ensure that all Orders are dated and time stamped when received by Servicer Intermediary or any Indirect IntermediaryIntermediary (except with respect to Subscription Accounts). Unless otherwise instructed by ServicerIntermediary, dividends and capital gains distributions from any Fund shall be automatically reinvested in additional Shares of such Fund. Except with respect to the processing of Orders utilizing the National Securities Clearing Corporation (“NSCC”) Fund/SERV system (“Fund/SERV”) or the Defined Contribution Clearance & Settlement System (“DCC&S”), as discussed below, payment for net purchases of Shares attributable to all Orders placed with a Company or the Transfer Agent as of the Valuation Time on a given Business Day will be wired by Servicer Intermediary or its delegate to such Company’s custodial account designated by the Administrator no later than 3:00 p.m. Eastern time on the next Business Day. Purchases of Shares will settle only upon receipt of payment in full by the Transfer Agent or other delegate of the Company. Administrator ordinarily shall provide for payment of net redemptions of Shares attributable to Orders received in good order by Servicer Intermediary or its delegate prior to the Valuation Time on a given Business Day to be wired to a custodial account designated by Servicer Intermediary no later than 3:00 p.m. Eastern Time on the next Business Day. Notwithstanding the foregoing, each Company may, if it deems appropriate, delay redemptions of the Shares of a Fund or postpone payment upon redemption, to the extent permitted by the 1940 Act. If, and to the extent, Distributor and Servicer Intermediary process Orders through Fund/SERV, and/or utilize the NSCC Networking system (“NETWORKING”) or DCC&S in connection with processing, account reconciliation and dividend processing, Servicer Intermediary represents that it is a member of the NSCC or otherwise has access to Fund/SERV, NETWORKING and/or DCC&S servicesservices through a clearing firm. Distributor and Servicer Intermediary shall abide by the Rules & Procedures of the NSCC (“Rules”) and the Rules shall be part of the terms and conditions of each transaction and/or other processes that utilize Fund/SERV, NETWORKING and/or DCC&S services. For all Orders processed other than through the NSCC, Servicer Intermediary shall comply with such reasonable procedures as Distributor shall specify. Receipt in “good order” shall mean that all documentation, information, date and time stamps, signatures, and signature guarantees are complete, accurate and legible, and have otherwise been obtained and/or verified to the reasonable satisfaction of the Company, Transfer Agent, Distributor or Administrator in a manner consistent with industry standards and practices, and are compliant with all requirements of Company policies, applicable laws, rules and regulations pertaining thereto. I. Delivery Information for Fulfillment Prospectuses Street Address: Email Address:

Operational Terms. Administrator or its delegate(s) will furnish Servicer Bank or its delegate, on each Business Day with respect to each Class of each Fund made available by such ServicerBank, with (i) net asset value information as determined at or about the Valuation Time and (ii) income accrual factors, dividend, and capital gains information as it becomes available. The Administrator or its delegate(s) will use best efforts to provide net asset value, income accrual, dividend and capital gains information to Servicer Bank or its designee delegate by 7:00 p.m. Eastern Time on each Business Day. Servicer Bank will ensure that all Orders are dated and time stamped when received by Servicer Bank or any Indirect Intermediary. Unless otherwise instructed by ServicerBank, dividends and capital gains distributions from any Fund shall be automatically reinvested in additional Shares shares of such Fund. Except with respect to the processing of Orders utilizing the National Securities Clearing Corporation (“NSCC”) Fund/SERV system (“Fund/SERV”) or the Defined Contribution Clearance & Settlement System system (“DCC&S”), as discussed below, payment for net purchases of Shares attributable to all Orders placed with a Company or the Transfer Agent as of the Valuation Time on a given Business Day will be wired by Servicer Bank or its delegate to such Company’s custodial account designated by the Administrator no later than 3:00 p.m. Eastern time on the next Business Day. Purchases of Shares will settle only upon receipt of payment in full by the Transfer Agent or other delegate of the Company. Administrator ordinarily shall provide for payment of net redemptions of Shares attributable to Orders received in good order by Servicer Bank or its delegate prior to the Valuation Time on a given Business Day to be wired to a custodial account designated by Servicer Bank no later than 3:00 p.m. Eastern Time on the next Business Day. Notwithstanding the foregoing, each Company may, if it deems appropriate, delay redemptions of the Shares of a Fund or postpone payment upon redemption, to the extent permitted by the 1940 Act. If, and to the extentextents, Distributor and Servicer Bank process Orders through Fund/SERV, and/or utilize the NSCC Networking system System (“NETWORKING”) or DCC&S in connection with processing, account reconciliation and dividend processing, Servicer Bank represents that it has access to Fund/SERV, NETWORKING and/or DCC&S services. Distributor and Servicer Bank shall abide by the Rules & Procedures of the NSCC (“Rules”) and the Rules shall be part of the terms and conditions of each transaction and/or other processes that utilize Fund/SERV, NETWORKING and/or DCC&S services. For all Orders processed other than through the NSCC, Servicer Bank shall comply with such reasonable procedures as Distributor shall specify. Receipt in “good order” shall mean that all documentation, information, date and time stamps, signatures, and signature guarantees are complete, accurate and legible, and have otherwise been obtained and/or verified to the reasonable satisfaction of the Company, Transfer Agent, Distributor or Administrator in a manner consistent with industry standards and practices, and are compliant with all requirements of Company policies, applicable laws, rules and regulations pertaining thereto. I. Delivery Information for Fulfillment Prospectuses Street Address: Email Address: