Common use of Service Arrangements Clause in Contracts

Service Arrangements. Distributor or the Fund may enter into a shareholder servicing agreement (“Servicing Agreement”), substantially in the form attached hereto as Appendix A, with each financial intermediary that purchases Shares. Each Servicing Agreement will require the financial intermediary to provide support services to its customers (“Customers”) who are the beneficial owners of Shares. Such services may include, without limitation: (i) assisting Customers in changing dividend options, account designations and addresses; (ii) providing information periodically to Customers showing their position in Shares; (iii) arranging for bank wires; (iv) receiving, aggregating and processing shareholder orders and repurchase requests; (v) responding to Customer inquiries regarding account status and history, the manner in which purchases of Shares and repurchase requests may be made and other matters; (vi) forwarding communications from the Fund (for example, proxies, shareholder reports, annual and semi-annual financial statements and dividend, repurchase notices, distribution and tax notices) to Customers; (vii) providing the necessary personnel and facilities to establish and maintain shareholder accounts and records; and (viii) such other similar services as the Fund or a Customer may reasonably request from time to time, to the extent the financial intermediary is permitted to perform such services under Federal and state statutes, rules and regulations.