Common use of Exception Management Clause in Contracts

Exception Management. Communicate and follow-up with Intermediaries and Fund officers or designees on any identified exceptions to Funds’ market timing policies. Actions could include requesting that the Intermediary provide more information on trading practices of an account owner, restricting or prohibiting further purchases or exchanges by a specific shareholder who has engaged in trading that violates a Fund’s market timing policies, or coordinating with the Company and the distributor the termination of a selling group agreement.