Common use of Year-end Processing Clause in Contracts

Year-end Processing. 1. Maintain shareholder records in accordance with IRS notices for under- reporting and invalid Tax Ids. This includes initiating 31% backup withholding and notifying shareholders of their tax status and the corrective action which is needed. 2. Conduct annual W-9 solicitation of all uncertified accounts. Update account tax status to reflect backup withholding or certified status depending upon responses. 3. Conduct periodic W-8 solicitation of all non-resident alien shareholder accounts. Update account tax status with updated shareholder information and treaty rates for NRA tax. 4. Review IRS Revenue Procedures for changes in transaction and distribution reporting and specifications for the production of forms to ensure compliance. 5. Coordinate year end activity with client. Activities include producing year end statement, scheduling record dates for year dividends and capital gains, production of combined statements, printing of inserts to be mailed with tax forms.

Year-end Processing. 1. Maintain shareholder records in accordance with IRS notices for under- under-reporting and invalid Tax IdsIDs. This includes initiating 31% backup withholding and notifying shareholders of their tax status and the corrective action which is needed. 2. Conduct annual W-9 solicitation of all uncertified accounts. Update account tax status to reflect backup withholding or certified status depending upon responses. 3. Conduct periodic W-8 solicitation of all non-resident alien shareholder accounts. Update account tax status with updated shareholder information and treaty rates for NRA tax. 4. Review IRS Revenue Procedures for changes in transaction and distribution reporting and specifications for the production of forms to ensure compliance. 5. Coordinate year end activity with client. Activities include producing year end statementstatements, scheduling record dates for year dividends and capital gains, production of combined statements, statements and printing of inserts to be mailed with tax forms.

Year-end Processing. 1. Maintain shareholder records in accordance with IRS notices for under- under-reporting and invalid Tax IdsIDs. This includes initiating 31% backup withholding and notifying shareholders of their tax status and the corrective action which is needed. 2. Conduct annual W-9 solicitation of all uncertified accounts. Update account tax status to reflect backup withholding or certified status depending upon responses. 3. Conduct periodic W-8 solicitation of all non-non- resident alien shareholder accounts. Update account tax status with updated shareholder information and treaty rates for NRA tax. 4. Review IRS Revenue Procedures for changes in transaction and distribution reporting and specifications for the production of forms to ensure compliance. 5. Coordinate year end activity with client. Activities include producing year end statementstatements, scheduling record dates for year dividends and capital gains, production of combined statements, printing of inserts to be mailed with tax forms.

Year-end Processing. 1. A. Maintain shareholder records in accordance with IRS notices for under- under-reporting and invalid Tax IdsIDs. This includes initiating 31% backup withholding and notifying shareholders of their tax status and the corrective action which is needed. 2. B. Conduct annual W-9 solicitation of all uncertified accounts. Update account tax status to reflect backup withholding or certified status depending upon responses. 3. C. Conduct periodic W-8 solicitation of all non-resident alien shareholder accounts. Update account tax status with updated shareholder information and treaty rates for NRA tax. 4. D. Review IRS Revenue Procedures for changes in transaction and distribution reporting and specifications for the production of forms to ensure compliance. 5. E. Coordinate year year-end activity with client. Activities include producing year year-end statementstatements, scheduling record dates for year year-end dividends and capital gains, production of combined statements, statements and printing of inserts to be mailed with tax forms.

Year-end Processing. 1. Maintain shareholder records in accordance with IRS notices for under- reporting and invalid Tax IdsIDs. This includes initiating 31% backup withholding and notifying shareholders of their tax status and the corrective action which is needed. 2. Conduct annual W-9 solicitation of all uncertified accounts. Update account tax status to reflect backup withholding or certified status depending upon responses. 3. Conduct periodic W-8 solicitation of all non-resident alien shareholder accounts. Update account tax status with updated shareholder information and treaty rates for NRA tax. 4. Review IRS Revenue Procedures for changes in transaction and distribution reporting and specifications for the production of forms to ensure compliance. 5. Coordinate year year-end activity with client. Activities include producing year year-end statementstatements, scheduling record dates for year dividends and capital gains, production of combined statements, statements and printing of inserts to be mailed with tax forms.

Year-end Processing. 1. Maintain shareholder records in accordance with IRS notices for under- under-reporting and invalid Tax Idstax IDs. This includes initiating 31% backup withholding and notifying shareholders of their tax status and the corrective action which is needed. 2. Conduct annual W-9 solicitation of all uncertified accounts. Update account tax status to reflect backup withholding or certified status depending upon responses. 3. Conduct periodic W-8 solicitation of all non-resident alien shareholder accounts. Update account tax status with updated shareholder information and treaty rates for NRA tax. 4. Review IRS Revenue Procedures for changes in transaction and distribution reporting and specifications for the production of forms to ensure compliance. 5. Coordinate year year-end activity with client. Activities include producing year year-end statementstatements, scheduling record dates for year year-end dividends and capital gains, production of combined statements, statements and printing of inserts to be mailed with tax forms.