Common use of Right of Accumulation Clause in Contracts

Right of Accumulation. If an account is entitled to a Reduced Sales Charge under the terms of the current prospectus, please provide the following information: Fund Name Account Number Account Registration Relationship to Participant* Fund Name Account Number Account Registration Relationship to Participant* Fund Name Account Number Account Registration Relationship to Participant* *Must be self, spouse or domestic partner, child or minor grandchild; if grandchild, indicate current age. Under the terms of the prospectus, I intend to purchase, within thirteen (13) months from the date of receipt, shares of one or more of the Virtus Mutual Funds (other than Class A Shares of the Ultra-Short Funds). The total amount of my purchase will equal an aggregate amount of not less than: ☐ $50,000 ☐ $100,000 ☐ $250,000 ☐ $500,000 ☐ $1,000,000 Shares of the named mutual funds owned by me at the date of this Letter (including shares owned by my spouse or domestic partner, children and minor grandchildren or such persons as described as a “single purchaser” in the current prospectus) are held in the below-specified accounts: Fund Name Account Number Account Registration Relationship to Participant* Fund Name Account Number Account Registration Relationship to Participant* Fund Name Account Number Account Registration Relationship to Participant* *Must be self, spouse or domestic partner, child or minor grandchild; if grandchild, indicate current age. ☐ This is a new Letter of Intent, which will be effective on the date the account(s) is established.