Common use of Transaction Statements Clause in Contracts

Transaction Statements. Transaction statements will be sent, by email in the case of those Registered Participants who have so authorized the Corporation, to each Registered Participant following each Investment Date. The transaction statements will show the Shares purchased under the DRIP and should be retained for income tax purposes. The Corporation will also report to Registered Participants on an annual basis any required information for income tax purposes with regard to all dividends paid to each Registered Participant.