Common use of Class Action Services Clause in Contracts

Class Action Services. Unless notified to the contrary in writing, Adviser will enroll Client in the class action claims monitoring and filing services provided by Chicago Clearing Corporation (“CCC”) pursuant to an agreement between Adviser and CCC. Client hereby authorizes CCC to monitor, file, settle, and release securities-related class-action litigation claims on behalf of Client, in exchange for 12.5% of any award Client receives as a result of CCC’s services. Client further authorizes Adviser to provide CCC with the Account and other client information necessary for CCC to provide such services, including information regarding Client’s Discretionary Assets, and such Non- Discretionary Assets for which Adviser has transaction history in its portfolio accounting system.