Common use of Processing and Reporting Clause in Contracts

Processing and Reporting. Tabulate proxy votes. • Record stock order information and, in the event of oversubscription, allocate shares in accordance with the Plan. • Produce information for “unvoted” follow-up proxy calls/mailings, in selected vote range. • Provide the Companies with up-to-date subscriber order totals. • Produce subscriber stock order acknowledgement letters, to be mailed. • Assign an individual to serve as the Inspector of Elections for the Special Meeting of Members. • Calculate interest/refund amounts and provide the Companies with records, for check imprinting. • Supply deposit account withdrawal records to the Bank. • Send transfer agent the new investor files for certificate preparation. • If requested, produce year end subscriber 1099-INT forms and electronically submit information to IRS.

Processing and Reporting. Tabulate proxy votes. • · Record stock order information and, in the event of oversubscription, allocate shares in accordance with the Plan. • · Produce information for “unvoted” follow-up proxy calls/mailings, in selected vote range. • · Provide the Companies Company with up-to-date subscriber order totals. • · Produce subscriber stock order acknowledgement letters, to be mailed. • · Assign an individual to serve as the Inspector of Elections for the Special Meeting of Members. • · Calculate interest/refund amounts and provide the Companies Bank with records, for check imprinting. • · Supply deposit account withdrawal records to the Bank. • · Send transfer agent the new investor files for certificate preparation. • preparation · If requested, produce year end subscriber 1099-INT forms and electronically submit information to IRS.