Common use of DIVIDENDS AND CAPITAL GAIN DISTRIBUTIONS Clause in Contracts

DIVIDENDS AND CAPITAL GAIN DISTRIBUTIONS. Each Trust will promptly inform SSI of the declaration of any dividend or other distribution with respect to Shares of any series of the Trust, including the amount of distribution, the amount of withholding under applicable Federal and state laws, rules and regulations, if any, dividend number, if any, record date, ex-dividend date, payable date and price at which dividends or other distributions are to be reinvested. In the case of any series of a Trust for which dividends shall be declared daily and paid monthly or quarterly, SSI will credit the dividend payable to each shareholder thereof to a dividend account of the shareholder and will provide the Trust on each business day with reports of the total amount of dividends credited and such other data as are agreed upon by the Trust and SSI. Promptly after the payable date for the Trust, SSI will provide the Trust with reports showing the accounts which have been paid a dividend or other distribution, the amount received by each account, the amount withheld as required under applicable Federal and state laws, rules and regulations, if any, the amount of the dividend or distribution paid in cash or reinvested in Shares, and the total amount of cash and Shares required for payment of the dividend or other distribution. In the case of each other series of the Trust, SSI will provide the Trust promptly following the record date therefor with reports of the total amount of dividends payable with respect thereto and such other data as are agreed to by the Trusts and SSI. Promptly after the payable date therefor, SSI will provide the Trust with reports showing the accounts which are to be paid a dividend or other distribution, the amount to be received by each account, the amount to be withheld as required under applicable Federal and state laws, rules and regulations, if any, whether such dividend or distribution is to be paid in cash or reinvested in Shares, and the total amount of cash and Shares required for the payment of such dividend or distribution. At times agreed to by the Trusts and SSI, SSI will transmit by mail or electronically to shareholders the proceeds of such dividend or other distribution and confirmation thereof. Where distributions are reinvested, the price and date of reinvestment will be those supplied by the Trusts. Confirmations will be prepared by SSI in a format agreed to by SSI and the Trusts.

DIVIDENDS AND CAPITAL GAIN DISTRIBUTIONS. Each The Trust will promptly inform SSI of the declaration of any dividend or other distribution with respect to Shares of any series of the Trust, including the amount of distribution, the amount of withholding under applicable Federal and state laws, rules and regulations, if any, dividend number, if any, record date, ex-ex- dividend date, payable date and price at which dividends or other distributions are to be reinvested. In the case of any series of a Trust for which dividends shall be declared daily and paid monthly or quarterly, SSI will credit the dividend payable to each shareholder thereof to a dividend account of the shareholder and will provide the Trust on each business day with reports of the total amount of dividends credited and such other data as are agreed upon by the Trust and SSI. Promptly after the payable date for the Trust, SSI will provide the Trust with reports showing the accounts which have been paid a dividend or other distribution, the amount received by each account, the amount withheld as required under applicable Federal and state laws, rules and regulations, if any, the amount of the dividend or distribution paid in cash or reinvested in Shares, and the total amount of cash and Shares required for payment of the dividend or other distribution. In the case of each other series of the Trust, SSI will provide the Trust promptly following the record date therefor with reports of the total amount of dividends payable with respect thereto and such other data as are agreed to by the Trusts and SSI. Promptly after the payable date therefor, SSI will provide the Trust with reports showing the accounts which are to be paid a dividend or other distribution, the amount to be received by each account, the amount to be withheld as required under applicable Federal and state laws, rules and regulations, if any, whether such dividend or distribution is to be paid in cash or reinvested in Shares, and the total amount of cash and Shares required for the payment of such dividend or distribution. At times agreed to by the Trusts and SSI, SSI will transmit by mail or electronically to shareholders the proceeds of such dividend or other distribution and confirmation thereof. Where distributions are reinvested, the price and date of reinvestment will be those supplied by the Trusts. Confirmations will be prepared by SSI in a format agreed to by SSI and the Trusts.

DIVIDENDS AND CAPITAL GAIN DISTRIBUTIONS. Each The Trust will promptly inform SSI of the declaration of any dividend or other distribution with respect to Shares of any series of the Trust, including the amount of distribution, the amount of withholding under applicable Federal and state laws, rules and regulations, if any, dividend number, if any, record date, ex-dividend date, payable date and price at which dividends or other distributions are to be reinvested. In the case of any series of a Trust for which dividends shall be declared daily and paid monthly or quarterly, SSI will credit the dividend payable to each shareholder thereof to a dividend account of the shareholder and will provide the Trust on each business day with reports of the total amount of dividends credited and such other data as are agreed upon by the Trust and SSI. Promptly after the payable date for the Trust, SSI will provide the Trust with reports showing the accounts which have been paid a dividend or other distribution, the amount received by each account, the amount withheld as required under applicable Federal and state laws, rules and regulations, if any, the amount of the dividend or distribution paid in cash or reinvested in Shares, and the total amount of cash and Shares required for payment of the dividend or other distribution. In the case of each other series of the Trust, SSI will provide the Trust promptly following the record date therefor with reports of the total amount of dividends payable with respect thereto and such other data as are agreed to by the Trusts and SSI. Promptly after the payable date therefor, SSI will provide the Trust with reports showing the accounts which are to be paid a dividend or other distribution, the amount to be received by each account, the amount to be withheld as required under applicable Federal and state laws, rules and regulations, if any, whether such dividend or distribution is to be paid in cash or reinvested in Shares, and the total amount of cash and Shares required for the payment of such dividend or distribution. At times agreed to by the Trusts and SSI, SSI will transmit by mail or electronically to shareholders the proceeds of such dividend or other distribution and confirmation thereof. Where distributions are reinvested, the price and date of reinvestment will be those supplied by the Trusts. Confirmations will be prepared by SSI in a format agreed to by SSI and the Trusts.

DIVIDENDS AND CAPITAL GAIN DISTRIBUTIONS. Each Trust will promptly inform SSI CFS of the declaration of any dividend or other distribution with respect to Shares of any series of the Trust, including the amount of distribution, the amount of withholding under applicable Federal and state laws, rules and regulations, if any, dividend number, if any, record date, ex-dividend date, payable date and price at which dividends or other distributions are to be reinvested. In the case of any series of a Trust for which dividends shall be declared daily and paid monthly or quarterly, SSI CFS will credit the dividend payable to each shareholder thereof to a dividend account of the shareholder and will provide the Trust on each business day with reports of the total amount of dividends credited and such other data as are agreed upon by the Trust and SSICFS. Promptly after the payable date for the Trust, SSI CFS will provide the Trust with reports showing the accounts which have been paid a dividend or other distribution, the amount received by each account, the amount withheld as required under applicable Federal and state laws, rules and regulations, if any, the amount of the dividend or distribution paid in cash or reinvested in Shares, and the total amount of cash and Shares required for payment of the dividend or other distribution. In the case of each other series of the Trust, SSI CFS will provide the Trust promptly following the record date therefor with reports of the total amount of dividends payable with respect thereto and such other data as are agreed to by the Trusts and SSICFS. Promptly after the payable date therefor, SSI CFS will provide the Trust with reports showing the accounts which are to be paid a dividend or other distribution, the amount to be received by each account, the amount to be withheld as required under applicable Federal and state laws, rules and regulations, if any, whether such dividend or distribution is to be paid in cash or reinvested in Shares, and the total amount of cash and Shares required for the payment of such dividend or distribution. At times agreed to by the Trusts and SSICFS, SSI CFS will transmit by mail or electronically to shareholders the proceeds of such dividend or other distribution and confirmation thereof. Where distributions are reinvested, the price and date of reinvestment will be those supplied by the Trusts. Confirmations will be prepared by SSI CFS in a format agreed to by SSI CFS and the Trusts.