Common use of SECURITY CUSTODY Clause in Contracts

SECURITY CUSTODY. A. Domestic Custody Asset-Based Fee on a total relationship basis: .25/100 of 1% (.25 basis point) on the first $16.0 billion in assets No asset charge on all assets in excess of $16.0 billion Transaction Fee, per transaction: Basket Trades (Manual) - $10.00 per input security transaction Basket Trades (Automated) - $9.00 per input security transaction Physical Delivery - $18.00 Book Entry - $10.00 DTC, PTC, FBE, BEMUNI, TIME DEP, FBE REPO, TRI PARTY REPO Mortgage Backed Securities Principal & Income Paydown - $9.00 Repo - $50.00 per Fund, Per Month Federal Funds Wire Received or Delivered - $6.00 per wire B. Foreign Securities See Appendix I for Global Fee Agreement. C. Balance Credits IFTC will offset fees with balance credits calculated at 75% of the bank credit rate (see below) applied to average custody collected cash balances for the month. Balance credits can be used to offset fees. Any credits in excess of fees will be carried forward from month to month through the end of the calendar year. For calculation purposes, IFTC uses an actual/actual basis.

SECURITY CUSTODY. A. Domestic Custody ---------------- Asset-Based Fee on a total relationship basis: .25/100 of 1% (.25 basis point) on the first $16.0 billion in assets No asset charge on all assets in excess of $16.0 billion Transaction Fee, per transaction: Basket Trades (Manual) - $10.00 per input security transaction Basket Trades (Automated) - $9.00 per input security transaction Physical Delivery - $18.00 Book Entry - $10.00 DTC, PTC, FBE, BEMUNI, TIME DEP, FBE REPO, TRI PARTY REPO Mortgage Backed Securities Principal & Income Paydown - $9.00 Repo - $50.00 per Fund, Per Month Federal Funds Wire Received or Delivered - $6.00 per wire B. Foreign Securities ------------------ See Appendix I for Global Fee Agreement. C. Balance Credits --------------- IFTC will offset fees with balance credits calculated at 75% of the bank credit rate (see below) applied to average custody collected cash balances for the month. Balance credits can be used to offset fees. Any credits in excess of fees will be carried forward from month to month through the end of the calendar year. For calculation purposes, IFTC uses an actual/actual basis.