Common use of Applicants' Representations Clause in Contracts

Applicants' Representations. FRIC and RIF are registered open-end management investment companies organized as Massachusetts business trusts. RIF consists of four separate series and FRIC of twenty-three, three of which are Money Market Funds. FRIMCo is currently the investment adviser to FRIC and RIF and provides administrative services for each series. The Distributor serves as distributor for each series.