Common use of Undercharges Clause in Contracts

Undercharges. If, as a result of an internal audit of its charges to COMMONWEALTH, ADMINISTRATOR determines that it has undercharged COMMONWEALTH for Services provided by it or Brokerage Services provided by SDI performed within twenty four (24) months of such internal audit, ADMINISTRATOR or SDI, as appropriate, may provide COMMONWEALTH with an invoice in respect of such amount. Any such invoice shall include evidence that the amount was not charged to COMMONWEALTH previously. Upon receipt of this information and evidence, COMMONWEALTH shall promptly pay to ADMINISTRATOR the amount of the undercharge. 40 <PAGE> 10.

Undercharges. If, as a result of an internal audit of its charges to COMMONWEALTHany CLIENT, ADMINISTRATOR determines that it has undercharged COMMONWEALTH such CLIENT for Services provided by it or Brokerage Services provided by SDI performed within twenty four (24) months of such internal audit, ADMINISTRATOR or SDI, as appropriate, may provide COMMONWEALTH such CLIENT with an invoice in respect of such amount. Any such invoice shall include evidence that the amount was not charged to COMMONWEALTH such CLIENT previously. Upon receipt of this information and evidence, COMMONWEALTH CLIENT shall promptly pay to ADMINISTRATOR the amount of the undercharge. 40 <PAGE> 10.

Undercharges. If, as a result of an internal audit of its charges to COMMONWEALTH, ADMINISTRATOR determines that it has undercharged COMMONWEALTH for Services provided by it or Brokerage Services provided by SDI performed within twenty four (24) months of such internal audit, ADMINISTRATOR or SDI, as appropriate, may provide COMMONWEALTH with an invoice in respect of such amount. Any such invoice shall include evidence that the amount was not charged to COMMONWEALTH previously. Upon receipt of this information and evidence, COMMONWEALTH shall promptly pay to ADMINISTRATOR the amount of the undercharge. 40 <PAGE> 10.