Common use of Redemption or Repurchase Within Seven Days Clause in Contracts

Redemption or Repurchase Within Seven Days. If shares of a Portfolio are tendered to the Fund for redemption or are repurchased by the Fund within seven (7) business days after the Distributor’s acceptance of the original purchase order for such shares, the Distributor will immediately refund to the Fund the full amount of any sales commission (net of allowances to dealers or brokers) allowed to the Distributor on the original sale, and will promptly, upon receipt thereof, pay to the Fund any refunds from dealers or brokers of the balance of sales commissions reallowed by the Distributor. The Fund shall notify the Distributor of such tender for redemption within ten (10) days of the day on which notice of such tender for redemption is received by the Fund.

Redemption or Repurchase Within Seven Days. If shares of a Portfolio Shares are tendered to the Fund Trust for redemption or are repurchased by the Fund Trust within seven (7) business days after the Distributor’s your acceptance of the original purchase order for such sharesShares, the Distributor you will immediately refund to the Fund Trust the full amount of any sales commission (net of allowances to dealers or brokers) allowed to the Distributor you on the original sale, and will promptly, upon receipt thereof, pay to the Fund Trust any refunds from dealers or brokers of the balance of sales commissions reallowed by the Distributoryou. The Fund Trust shall notify the Distributor you of such tender for redemption within ten (10) days of the day on which notice of such tender for redemption is received by the FundTrust.

Redemption or Repurchase Within Seven Days. If shares of a Portfolio are tendered to the Fund Trust for redemption or are repurchased by the Fund Trust within seven (7) business days after the Distributor’s your acceptance of the original purchase order for such shares, the Distributor you will immediately refund to the Fund Trust the full amount of any sales commission (net of allowances to dealers or brokers) allowed to the Distributor you on the original sale, and will promptly, upon receipt thereof, pay to the Fund Trust any refunds from dealers or brokers of the balance of sales commissions reallowed by the Distributoryou. The Fund Trust shall notify the Distributor you of such tender for redemption within ten (10) days of the day on which notice of such tender for redemption is received by the FundTrust.

Redemption or Repurchase Within Seven Days. If shares of a Portfolio are tendered to the Fund Trust for redemption or are repurchased by the Fund Trust within seven (7) business days after the Distributor’s acceptance of the original purchase order for such shares, the Distributor will immediately refund to the Fund Trust the full amount of any sales commission (net of allowances to dealers or brokers) allowed to the Distributor on the original sale, and will promptly, upon receipt thereof, pay to the Fund Trust any refunds from dealers or brokers of the balance of sales commissions reallowed by the Distributor. The Fund Trust shall notify the Distributor of such tender for redemption within ten (10) days of the day on which notice of such tender for redemption is received by the FundTrust.

Redemption or Repurchase Within Seven Days. If shares of a Portfolio are tendered to ------------------------------------------ the Fund Trust for redemption or are repurchased by the Fund Trust within seven (7) business days after the Distributor’s your acceptance of the original purchase order for such shares, the Distributor you will immediately refund to the Fund Trust the full amount of any sales commission (net of allowances to dealers or brokers) allowed to the Distributor you on the original sale, and will promptly, upon receipt thereof, pay to the Fund Trust any refunds from dealers or brokers of the balance of sales commissions reallowed by the Distributoryou. The Fund Trust shall notify the Distributor you of such tender for redemption within ten (10) days of the day on which notice of such tender for redemption is received by the FundTrust.