Account Maintenance Services. Chase shall perform transfer agent, ---------------------------- registrar and other shareholder account maintenance services in connection with the Shares. Such services are composed of (i) registering Share issuance, redemption and transfers on the Fund's records of the holders of Shares (the "Shareholders") upon receipt of instructions from, in the case of issuance and redemption, the Fund, and in the case of a transfer, the transferor and documentation in proper form to effect a transfer of Shares; (ii) canceling the certificates representing such Shares, if any, and if so requested, countersigning, registering, issuing and mailing by insured first class mail new certificates for the same or a smaller whole number of Shares, (iii) issuing replacement certificates in lieu of certificates which have been lost, stolen or destroyed upon receipt of a properly executed affidavit with respect top such loss, theft or destruction and a lost certificate bond in form satisfactory to Chase; (iv) combining certificates into larger denominations; (v) maintaining stop transfer orders, including placing and removing the same; (vi) processing new Shareholder accounts; (vii) posting address changes; and (viii) researching and responding to Shareholder inquiries. Shares will be transferred and new certificates issued in transfer upon surrender of the old certificates in form deemed by Chase to be properly endorsed for transfer accompanied by delivery of such documents, certifications and opinions Chase may deem necessary to evidence the authority of the person making the transfer and payment of any applicable stock transfer tax. Chase reserves the right to refuse to transfer Shares until it is satisfied that the endorsement or signature on any document is valid and genuine, and for that purpose it will require a signature guarantee by a member or participant in the Securities Transfer Agents Medallion Program or such other guarantor previously approved by Chase. Chase shall _______________________________________ /1/ All references to certificates will include book entry services. not be required to effect any transfer unless and until it has received the approvals, documents, certifications and opinions provided for herein. Chase's sole responsibility in connection with any redemption of Shares shall be to register the same on the Fund's records upon receipt of instruction from the Fund.
Account Maintenance Services. The Bank offers the following types of financial services for an Account through its available channels:
Account Maintenance Services. U.S. Trust shall perform transfer agent, registrar and other account maintenance services in connection with the Shares. Such services are composed of (i) registering Share transfers on the Fund's records of the holders of Shares (the "Shareholders") upon receipt of instructions from the transferor and documentation in proper form to effect a transfer of Shares; (ii) cancelling the certificates* representing such Shares, if any, and if so requested, countersigning, registering, issuing and mailing by insured first. * All references to certificates will include book entry services. class mail new certificates for the same or a smaller whole number of Shares; (iii) issuing replacement certificates in lieu of certificates which have been lost, stolen or destroyed upon receipt of a properly executed affidavit with respect to such loss, theft or destruction and a lost certificate bond in form satisfactory to U.S. Trust; (iv) combining certificates into large denominations; (v) maintaining stop-transfer orders, including placing and removing the same; (vi) processing new Shareholder accounts; (vii) posting address changes, and (viii) researching and responding to Shareholder inquiries. Shares will be transferred and new certificates issued in transfer upon surrender of the old certificates in form deemed by U.S. Trust to be properly endorsed for transfer accompanied by delivery of such documents as U.S. Trust may deem necessary to evidence the authority of the person making the transfer and payment of any applicable stock transfer taxes. U.S. Trust reserves the right to refuse to transfer shares until it is satisfied that the endorsement or signature on the certificate or any other document is valid and genuine, and for that purpose it will require a signature guarantee by a commercial bank or trust company having its principal office or correspondent in the City of New York, by a member firm of a major stock exchange or by a guarantor previously approved by U.S. Trust.
