Common use of SERVICES PROVIDED BY THE ADMINISTRATOR Clause in Contracts

SERVICES PROVIDED BY THE ADMINISTRATOR. (a) The Administrator will provide the following services subject to the control, direction and supervision of the Board and in compliance with the objectives, policies and limitations set forth in the Fund's Registration Statement, Articles of Incorporation and By-laws; applicable laws and registrations, and all resolutions and policies implemented by the Board: (i) Fund administration; (ii) Fund accounting; and (iii) Transfer agency services. A detailed description of each of the above services is contained in Schedules C, D, and E, respectively, to this Agreement. (b) The Administrator will also: (i) provide office facilities with respect to the provision of the services contemplated herein (which may be in the offices of the Administrator or a corporate affiliate of the Administrator); (ii) provide the services of individuals to serve as the Fund's secretary and a principal financial officer who will be designated by the Administrator and elected by the Board; (iii) provide or otherwise obtain personnel sufficient, in the Administrator's sole discretion, for provision of the services contemplated herein; (iv) furnish equipment and other materials, which the Administrator, in its sole discretion, believes are necessary or desirable for provision of the services contemplated herein; and (v) keep records relating to the services provided hereunder in such form and manner as set forth in Schedules C, D and E and as the Administrator may otherwise deem appropriate or advisable, all in accordance with the 1940 Act. To the extent required by Section 31 of the 1940 Act and the rules thereunder, the Administrator agrees that all such records prepared or maintained by the Administrator relating to the services provided hereunder are the property of the Fund and will be preserved for the periods prescribed under Rule 31a-2 under the 1940 Act, maintained at the Fund's expense, and made available in accordance with such Section and rules. The Administrator further agrees to surrender promptly to the Fund upon its request and cease to retain in its records and files those records and documents created and maintained by the Administrator pursuant to this Agreement.

SERVICES PROVIDED BY THE ADMINISTRATOR. (a) The Administrator will provide the following services subject to the control, direction and supervision of the Board and in compliance with the objectives, policies and limitations set forth in the Fund's Registration Statement, Fund's Articles of Incorporation and Fund's By-laws; applicable laws and registrations, and all resolutions and policies implemented by the Board: (i) Fund administration;; and (ii) Fund accounting; and (iii) Transfer agency services. A detailed description of each of the above services is contained in Schedules C, C and D, and E, respectively, to this Agreement. (b) The Administrator will also: (i) provide office facilities with respect to the provision of the services contemplated herein (which may be in the offices of the Administrator or a corporate affiliate of the Administrator); (ii) provide the services of individuals to serve as the Fund's secretary and a principal financial officer who will be designated by the Administrator and elected by the Board; (iii) provide or otherwise obtain personnel sufficient, in the Administrator's sole discretion, for provision of the services contemplated herein; ; (iv) furnish equipment and other materials, which the Administrator, in its sole discretion, believes are necessary or desirable for provision of the services contemplated herein; and (v) keep records relating to the services provided hereunder in such form and manner as set forth in Schedules C, C and D and E and as the Administrator may otherwise deem appropriate or advisable, all in accordance with the 1940 Act. To the extent required by Section 31 of the 1940 Act and the rules thereunder, the Administrator agrees that all such records prepared or maintained by the Administrator relating to the services provided hereunder are the property of the Fund and will be preserved for the periods prescribed under Rule 31a-2 under the 1940 Act, and the rules adopted thereunder, maintained at the Fund's expense, and made available in accordance with such Section the 1940 Act and rulesrules adopted thereunder. The Administrator further agrees that upon request of the Fund promptly to surrender promptly to the Fund upon its request and to cease to retain in its the records and files of the Administrator those records and documents created and maintained by the Administrator pursuant to this Agreement.

SERVICES PROVIDED BY THE ADMINISTRATOR. (a) The Administrator will provide the following services subject to the control, direction and supervision of the Board and in compliance with the objectives, policies and limitations set forth in the FundTrust's Registration Statement, Articles of Incorporation Trust Instrument and By-lawsLaws; applicable laws and registrations, regulations; and all resolutions and policies implemented by the Board: (i) Fund Trust administration;; and (ii) Fund accounting; and (iii) Transfer agency services. A detailed description of each of the above services is contained in Schedules C, C and D, and E, respectively, to this Agreement. (b) The Administrator will also: (i) provide office facilities with respect to the provision of the services contemplated herein (which may be in the offices of the Administrator or a corporate affiliate of the Administrator); (ii) provide the services of individuals to serve as the FundTrust's secretary and a principal financial officer who will officers, to be designated by the Administrator and elected by the Board; (iii) provide or otherwise obtain personnel sufficient, in the Administrator's sole discretion, for provision of the services contemplated herein; (iv) furnish equipment and other materials, which the Administrator, in its sole discretion, believes are necessary or desirable for provision of the services contemplated herein; and (v) keep records relating to the services provided hereunder in such form and manner as set forth in Schedules C, Schedule C and D and E and as the Administrator may otherwise deem appropriate or advisable, all in accordance with the 1940 Act. To the extent required by Section 31 of the 1940 Act and the rules thereunder, the Administrator agrees that all such records prepared or maintained by the Administrator relating to the services provided hereunder are the property of the Fund Trust and will be preserved for the periods prescribed under Rule 31a-2 under the 1940 Act, maintained at the FundTrust's expense, and made available in accordance with such Section and rules. The Administrator further agrees to surrender promptly to the Fund Trust upon its request and cease to retain in its records and files those records and documents created and maintained by the Administrator pursuant to this Agreement.