Common use of Computer Transmission Clause in Contracts

Computer Transmission. The Custodian is able to accept transmissions sent from the Trust or the Sponsor’s computer facilities to the Custodian’s computer facilities. If the Trust or the Sponsor determines to use its proprietary transmission or other electronic transmission method, it must provide Custodian sufficient notice and information to allow testing or other confirmation that FT Instructions received via the Fund Designated Security Procedure can be processed in good time and order. The Custodian may require the Trust and the Sponsor to execute additional documentation prior to the use of such transmission method. • Facsimile Transmission. A FT Instruction transmitted to the Custodian by facsimile transmission must be transmitted by the Trust or the Sponsor to a telephone number specified from time to time by the Custodian for such purposes. The Custodian will then follow one of the procedures below:

Computer Transmission. The Custodian is able to accept transmissions sent from the Trust or the Sponsor’s computer facilities to the Custodian’s computer facilities. If the Trust or the Sponsor determines to use its proprietary transmission or other electronic transmission method, it must provide Custodian sufficient notice and information to allow testing or other confirmation that FT Instructions received via the Fund Designated Security Procedure can be processed in good time and order. The Custodian may require the Trust and the Sponsor to execute additional documentation prior to the use of such transmission method. • · Facsimile Transmission. A FT Instruction transmitted to the Custodian by facsimile transmission must be transmitted by the Trust or the Sponsor to a telephone number specified from time to time by the Custodian for such purposes. The Custodian will then follow one of the procedures below: