Common use of A Hold Order Clause in Contracts

A Hold Order. or Sell Order may be placed only by an Existing Holder covering a number of shares of MuniPreferred not greater than the number of shares of MuniPreferred currently held by such Existing Holder. 3. Potential Holders may make Bids only, each of which must specify a rate. If more than one Bid is submitted on behalf of any Potential Holder, each Bid submitted shall be a separate Bid with the rate specified. 4. Bids may contain no more than three figures to the right of the decimal point (.001 of 1%). ==================================================================================================================================== EXHIBIT C --------- (To be used only for transfers made to a Broker-Dealer other than pursuant to an Auction) [NAME OF FUND] MUNICIPAL AUCTION RATE CUMULATIVE PREFERRED STOCK [SHARES], SERIES ___ TRANSFER FORM We are the Broker-Dealer to whom the Existing Holder or Beneficial Owner named below transferred shares of the above series of MuniPreferred other than pursuant to an Auction. We hereby notify you that such Existing Holder or Beneficial Owner has transferred _______ shares of the above series of MuniPreferred to us. ------------------------------------------------- (Name of Existing Holder or Beneficial Owner) ------------------------------------------------- (Name of Broker-Dealer) By: ---------------------------------------------- Printed Name: Title: EXHIBIT D --------- (To be used only for failures to deliver shares of MuniPreferred sold pursuant to an Auction) [NAME OF FUND] MUNICIPAL AUCTION RATE CUMULATIVE PREFERRED STOCK [SHARES], SERIES ____ NOTICE OF A FAILURE TO DELIVER Complete either I or II -----------------------

A Hold Order. or Sell Order may be placed only by an Existing Holder covering a number of shares of MuniPreferred not greater than the number of shares of MuniPreferred currently held by such Existing Holder. 3. Potential Holders may make Bids only, each of which must specify a rate. If more than one Bid is submitted on behalf of any Potential Holder, each Bid submitted shall be a separate Bid with the rate specified. 4. Bids may contain no more than three figures to the right of the decimal point (.001 of 1%). ==================================================================================================================================== EXHIBIT C --------- (To be used only for transfers made to a Broker-Dealer other than pursuant to an Auction) [NAME OF FUND] MUNICIPAL AUCTION RATE CUMULATIVE PREFERRED STOCK [SHARES], SERIES ___ TRANSFER FORM We are the Broker-Dealer to whom the Existing Holder or Beneficial Owner named below transferred shares of the above series of MuniPreferred other than pursuant to an Auction. We hereby notify you that such Existing Holder or Beneficial Owner has transferred _______ shares of the above series of MuniPreferred to us. ------------------------------------------------- (Name of Existing Holder or Beneficial Owner) ------------------------------------------------- (Name of Broker-Dealer) By: ---------------------------------------------- Printed Name: Title: 20 EXHIBIT D --------- (To be used only for failures to deliver shares of MuniPreferred sold pursuant to an Auction) [NAME OF FUND] MUNICIPAL AUCTION RATE CUMULATIVE PREFERRED STOCK [SHARES], SERIES ____ NOTICE OF A FAILURE TO DELIVER Complete either I or II -----------------------