Common use of Scope of Appointment Clause in Contracts

Scope of Appointment. (a) Subject to the conditions set forth in this Agreement, the Company hereby appoints ▇▇▇▇▇ ▇▇▇▇▇▇▇ to perform certain transfer agent and dividend disbursing agent services, and ▇▇▇▇▇ ▇▇▇▇▇▇▇ accepts such appointment. (b) Such services shall be provided with respect to all individual shareholder accounts encompassed within the omnibus accounts referenced above. (c) ▇▇▇▇▇ ▇▇▇▇▇▇▇ agrees to provide the necessary facilities, equipment and personnel to perform its duties and obligations hereunder in accordance with industry practice. (d) ▇▇▇▇▇ ▇▇▇▇▇▇▇ agrees to perform the usual and ordinary services of transfer agent and dividend disbursing agent not performed by IFTC with respect to the shareholder accounts outlined in Section 1(b), including, without limitation, the following: maintaining all shareholder accounts; preparing shareholder meeting lists; mailing shareholder reports and prospectuses; tracking shareholder accounts for blue sky and Rule 12b-1 purposes; withholding taxes on non-resident alien and foreign corporation accounts; preparing and mailing checks for disbursement of income dividends and capital gains distributions; preparing and filing U.S. Treasury Department Form 1099 for all shareholders; preparing and mailing confirmation forms to shareholders and dealers with respect to all purchases, exchanges and liquidations of Fund shares and other transactions in shareholder accounts for which confirmations are required; recording reinvestments of dividends and distributions in Fund shares; recording redemptions of Fund shares; and preparing and mailing checks for payments upon redemption and for disbursements to withdrawal plan holders. (e) ▇▇▇▇▇ ▇▇▇▇▇▇▇ shall perform all services relating to shareholder transactions, share redemptions and maintaining shareholder accounts on the same business day as the request for the transaction is received. ▇▇▇▇▇ ▇▇▇▇▇▇▇ shall perform all services relating to payouts of monies no later than three business days following the date of receipt of the request for the transaction. ▇▇▇▇▇ ▇▇▇▇▇▇▇ shall perform all services relating to the provision of confirmations no later than three business days following the transaction. Any activities not enumerated will be fulfilled no later than the time required by applicable law. In each case the time standards will be adjusted to meet any applicable requirements of law. The time frames above include not only the performance of the activity, but the appropriate quality control and mailing of the related checks, confirms, letters or other documents. ▇▇▇▇▇ ▇▇▇▇▇▇▇ will maintain records of its performance, available to the Company for inspection upon reasonable notice.

Scope of Appointment. (a) Subject to the conditions set forth in this Agreement, the Company hereby appoints ▇▇▇▇▇ ▇▇▇▇▇▇▇ to perform certain transfer agent and dividend disbursing agent services, and ▇▇▇▇▇ ▇▇▇▇▇▇▇ accepts such appointment. (b) Such services shall be provided with respect to all individual shareholder accounts encompassed within the omnibus accounts referenced above. (c) ▇▇▇▇▇ ▇▇▇▇▇▇▇ agrees to provide the necessary facilities, equipment and personnel to perform its duties and obligations hereunder in accordance with industry practice. (d) ▇▇▇▇▇ ▇▇▇▇▇▇▇ agrees to perform the usual and ordinary services of transfer agent and dividend disbursing agent not performed by IFTC with respect to the shareholder accounts outlined in Section 1(b), including, without limitation, the following: maintaining all shareholder accounts; preparing shareholder meeting lists; mailing shareholder reports and prospectuses; tracking shareholder accounts for blue sky and Rule 12b-1 purposes; withholding taxes on non-resident alien and foreign corporation accounts; preparing and mailing checks for disbursement of income dividends and capital gains distributions; preparing and filing U.S. Treasury Department Form 1099 for all shareholders; preparing and mailing confirmation forms to shareholders and dealers with respect to all purchases, exchanges and liquidations of Fund shares and other transactions in shareholder accounts for which confirmations are required; recording reinvestments of dividends and distributions in Fund shares; recording redemptions of Fund shares; and preparing and mailing checks for payments upon redemption and for disbursements to withdrawal plan holders. (e) ▇▇▇▇▇ ▇▇▇▇▇▇▇ shall perform all services relating to shareholder transactions, share redemptions and maintaining shareholder accounts on the same business day as the request for the transaction is received. ▇▇▇▇▇ ▇▇▇▇▇▇▇ shall perform all services relating to payouts of monies no later than three business days following the date of receipt of the request for the transaction. ▇▇▇▇▇ ▇▇▇▇▇▇▇ shall perform all services relating to the provision of confirmations no later than three business days following the transaction. Any activities not enumerated will be fulfilled no later than the time required by applicable law. In each case the time standards will be adjusted to meet any applicable requirements of law. The time frames above include not only the performance of the activity, but the appropriate quality control and mailing of the related checks, confirms, letters or other documents. ▇▇▇▇▇ ▇▇▇▇▇▇▇ will maintain records of its performance, available to the Company for inspection upon reasonable notice.

Scope of Appointment. (a) Subject to the conditions set forth in this Agreement, the Company hereby appoints ▇▇▇▇▇ ▇▇▇▇▇▇▇ the Servicing Agent to perform certain transfer agent and dividend disbursing agent services, and ▇▇▇▇▇ ▇▇▇▇▇▇▇ the Servicing Agent accepts such appointment. (b) Such services shall be provided with respect to all individual shareholder accounts encompassed within the omnibus accounts referenced above. (c) ▇▇▇▇▇ ▇▇▇▇▇▇▇ The Servicing Agent agrees to provide the necessary facilities, equipment and personnel to perform its duties and obligations hereunder in accordance with industry practice. (d) ▇▇▇▇▇ ▇▇▇▇▇▇▇ The Servicing Agent agrees to perform the usual and ordinary services of transfer agent and dividend disbursing agent not performed by IFTC DST with respect to the shareholder accounts outlined in Section 1(b), including, without limitation, the following: maintaining all shareholder accounts; preparing shareholder meeting lists; mailing shareholder reports and prospectuses; tracking shareholder accounts for blue sky and Rule 12b-1 purposes; withholding taxes on non-resident alien and foreign corporation accounts; preparing and mailing checks for disbursement of income dividends and capital gains distributions; preparing and filing U.S. Treasury Department Form 1099 for all shareholders; preparing and mailing confirmation forms to shareholders and dealers with respect to all purchases, exchanges and liquidations of Fund shares and other transactions in shareholder accounts for which confirmations are required; recording reinvestments of dividends and distributions in Fund shares; recording redemptions of Fund shares; and preparing and mailing checks for payments upon redemption and for disbursements to withdrawal plan holders. (e) ▇▇▇▇▇ ▇▇▇▇▇▇▇ The Servicing Agent shall perform all services relating to shareholder transactions, share redemptions and maintaining shareholder accounts on the same business day as the request for the transaction is received. ▇▇▇▇▇ ▇▇▇▇▇▇▇ The Servicing Agent shall perform all services relating to payouts of monies no later than three business days following the date of receipt of the request for the transaction. ▇▇▇▇▇ ▇▇▇▇▇▇▇ The Servicing Agent shall perform all services relating to the provision of confirmations no later than three business days following the transaction. Any activities not enumerated will be fulfilled no later than the time required by applicable law. In each case the time standards will be adjusted to meet any applicable requirements of law. The time frames above include not only the performance of the activity, but the appropriate quality control and mailing of the related checks, confirms, letters or other documents. ▇▇▇▇▇ ▇▇▇▇▇▇▇ The Servicing Agent will maintain records of its performance, available to the Company for inspection upon reasonable notice.

Scope of Appointment. (a) Subject to the conditions set forth in this Agreement, the Company hereby appoints ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust to perform certain transfer agent and dividend disbursing agent services, and ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust accepts such appointment. (b) Such services shall be provided with respect to all individual shareholder accounts encompassed within the omnibus accounts referenced abovewhich represent defined contribution plans for which Piper Trust acts as trustee. (c) ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust agrees to provide the necessary facilities, equipment and personnel to perform its duties and obligations hereunder in accordance with industry practice. (d) ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust agrees to perform the usual and ordinary services of transfer agent and dividend disbursing agent not performed by IFTC with respect to the shareholder accounts outlined in Section 1(b), including, as appropriate and without limitation, the following: maintaining all shareholder accounts; preparing shareholder meeting lists; mailing shareholder reports and prospectuses; tracking shareholder accounts for blue sky and Rule 12b-1 purposes; withholding taxes on non-resident alien and foreign corporation accounts; preparing and mailing checks for disbursement of income dividends and capital gains distributions; preparing and filing U.S. Treasury Department Form 1099 for all shareholders; preparing and mailing confirmation forms to shareholders and dealers with respect to all purchases, exchanges and liquidations of Fund shares and other transactions in shareholder accounts for which confirmations are required; recording reinvestments of dividends and distributions in Fund shares; recording redemptions of Fund shares; and preparing and mailing checks for payments upon redemption and for disbursements to withdrawal plan holders. (e) ▇▇▇▇▇ ▇▇▇▇▇▇▇ shall perform all services relating to shareholder transactions, share redemptions and maintaining shareholder accounts on the same business day as the request for the transaction is received. ▇▇▇▇▇ ▇▇▇▇▇▇▇ shall perform all services relating to payouts of monies no later than three business days following the date of receipt of the request for the transaction. ▇▇▇▇▇ ▇▇▇▇▇▇▇ shall perform all services relating to the provision of confirmations no later than three business days following the transaction. Any activities not enumerated will be fulfilled no later than the time required by applicable law. In each case the time standards will be adjusted to meet any applicable requirements of law. The time frames above include not only the performance of the activity, but the appropriate quality control and mailing of the related checks, confirms, letters or other documents. ▇▇▇▇▇ ▇▇▇▇▇▇▇ will maintain records of its performance, available to the Company for inspection upon reasonable notice.

Scope of Appointment. (a) Subject to the conditions set forth in this Agreement, the Company hereby appoints ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust to perform certain transfer agent and dividend disbursing agent services, and ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust accepts such appointment. (b) Such services shall be provided with respect to all individual shareholder accounts encompassed within the omnibus accounts referenced above, except as set forth in Section 1(c) of this Agreement. (c) ▇▇▇▇▇ ▇▇▇▇▇▇▇ Certain individual shareholder accounts encompassed within the omnibus accounts referenced above are the subject of an Administrative Services Agreement dated September 1, 1996, by and among DCA, Inc., the Company, Piper Funds Inc., Piper Funds Inc.--II, Piper Institutional Funds Inc. and Piper Trust. With respect to such individual shareholder accounts, DCA, Inc. will provide certain recordkeeping, reporting and processing services, and Piper Trust shall be required to perform only those services described in subsection (e) below that are not performed by DCA, Inc. (d) Piper Trust agrees to provide the necessary facilities, equipment and personnel to perform its duties and obligations hereunder in accordance with industry practice. (de) ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust agrees to perform the usual and ordinary services of transfer agent and dividend disbursing agent not performed by IFTC with respect to the shareholder accounts outlined in Section 1(b), including, without limitation, the following: maintaining all shareholder accounts; preparing shareholder meeting lists; mailing shareholder reports and prospectuses; tracking shareholder accounts for blue sky and Rule 12b-1 purposes; withholding taxes on non-resident alien and foreign corporation accounts; preparing and mailing checks for disbursement of income dividends and capital gains distributions; preparing and filing U.S. Treasury Department Form 1099 for all shareholders; preparing and mailing confirmation forms to shareholders and dealers with respect to all purchases, exchanges and liquidations of Fund shares and other transactions in shareholder accounts for which confirmations are required; recording reinvestments of dividends and distributions in Fund shares; recording redemptions of Fund shares; and preparing and mailing checks for payments upon redemption and for disbursements to withdrawal plan holders. (ef) ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust shall perform all services relating to shareholder transactions, share redemptions and maintaining shareholder accounts on the same business day as the request for the transaction is received. ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust shall perform all services relating to payouts of monies no later than three business days following the date of receipt of the request for the transaction. ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust shall perform all services relating to the provision of confirmations no later than three business days following the transaction. Any activities not enumerated will be fulfilled no later than the time required by applicable law. In each case the time standards will be adjusted to meet any applicable requirements of law. The time frames above include not only the performance of the activity, but the appropriate quality control and mailing of the related checks, confirms, letters or other documents. ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust will maintain records of its performance, available to the Company for inspection upon reasonable notice.

Scope of Appointment. (a) Subject to the conditions set forth in this Agreement, the Company hereby appoints ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust to perform certain transfer agent and dividend disbursing agent services, and ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust accepts such appointment. (b) Such services shall be provided with respect to all individual shareholder accounts encompassed within the omnibus accounts referenced above, except as set forth in Section 1(c) of this Agreement. (c) ▇▇▇▇▇ ▇▇▇▇▇▇▇ Certain individual shareholder accounts encompassed within the omnibus accounts referenced above are the subject of an Administrative Services Agreement dated September 1, 1996, by and among DCA, Inc., the Company, Piper Funds Inc.-II, Piper Global Funds Inc., Piper Institutional Funds Inc. and Piper Trust. With respect to such individual shareholder accounts, DCA, Inc. will provide certain recordkeeping, reporting and processing services, and Piper Trust shall be required to perform only those services described in subsection (e) below that are not performed by DCA, Inc. (d) Piper Trust agrees to provide the necessary facilities, equipment and personnel to perform its duties and obligations hereunder in accordance with industry practice. (de) ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust agrees to perform the usual and ordinary services of transfer agent and dividend disbursing agent not performed by IFTC with respect to the shareholder accounts outlined in Section 1(b), including, without limitation, the following: maintaining all shareholder accounts; preparing shareholder meeting lists; mailing shareholder reports and prospectuses; tracking shareholder accounts for blue sky and Rule 12b-1 purposes; withholding taxes on non-resident alien and foreign corporation accounts; preparing and mailing checks for disbursement of income dividends and capital gains distributions; preparing and filing U.S. Treasury Department Form 1099 for all shareholders; preparing and mailing confirmation forms to shareholders and dealers with respect to all purchases, exchanges and liquidations of Fund shares and other transactions in shareholder accounts for which confirmations are required; recording reinvestments of dividends and distributions in Fund shares; recording redemptions of Fund shares; and preparing and mailing checks for payments upon redemption and for disbursements to withdrawal plan holders. (ef) ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust shall perform all services relating to shareholder transactions, share redemptions and maintaining shareholder accounts on the same business day as the request for the transaction is received. ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust shall perform all services relating to payouts of monies no later than three business days following the date of receipt of the request for the transaction. ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust shall perform all services relating to the provision of confirmations no later than three business days following the transaction. Any activities not enumerated will be fulfilled no later than the time required by applicable law. In each case the time standards will be adjusted to meet any applicable requirements of law. The time frames above include not only the performance of the activity, but the appropriate quality control and mailing of the related checks, confirms, letters or other documents. ▇▇▇▇▇ ▇▇▇▇▇▇▇ Piper Trust will maintain records of its performance, available to the Company for inspection upon reasonable notice.