Common use of Fund Valuation and Financial Reporting Services Clause in Contracts

Fund Valuation and Financial Reporting Services. (1) Account for fund share purchases, sales, exchanges, transfers, dividend reinvestments, and other fund share activity as reported by the transfer agent on a timely basis. (2) Apply equalization accounting as directed by the Fund. (3) Determine net investment income (earnings) for the Fund as of each valuation date. Account for periodic distributions of earnings to shareholders and maintain undistributed net investment income balances as of each valuation date. (4) Maintain a general ledger for the Fund in the form as agreed upon. (5) For each day the Fund is open as defined in the prospectus, determine the net asset value of the according to the accounting policies and procedures set forth in the prospectus. (6) Calculate per share net asset value, per share net earnings, and other per share amounts reflective of fund operation at such time as required by the nature and characteristics of the Fund.

Fund Valuation and Financial Reporting Services. (1) Account for fund share purchases, sales, exchanges, transfers, dividend reinvestments, and other fund share activity as reported by the transfer agent on a timely basis. (2) Apply equalization accounting as directed by the Fund. (3) Determine net investment income (earnings) for the Fund as of each valuation date. Account for periodic distributions of earnings to shareholders and maintain undistributed net investment income balances as of each valuation date. (4) Maintain a general ledger for the Fund in the form as agreed upon. (5) For each day the Fund is open as defined in the prospectus, prospectus determine the net asset value of the according to the accounting policies and procedures set forth in the prospectus. (6) Calculate per share net asset value, per share net earnings, and other per share amounts reflective of fund operation at such time as required by the nature and characteristics of the Fund.

Fund Valuation and Financial Reporting Services. (1) Account for fund share purchases, sales, exchanges, transfers, dividend reinvestments, and other fund share activity as reported by the transfer agent on a timely basis. (2) Apply equalization accounting as directed by the Fund. (3) Determine net investment income (earnings) for the Fund as of each valuation date. Account for periodic distributions of earnings to shareholders and maintain undistributed net investment income balances as of each valuation date. (4) Maintain a general ledger for the Fund in the form as agreed upon. (5) For each day the Fund is open as defined in the prospectus, determine the net asset value of the Fund according to the accounting policies and procedures set forth in the prospectus. (6) Calculate per share net asset value, per share net earnings, and other per share amounts reflective of fund operation at such time as required by the nature and characteristics of the Fund.

Fund Valuation and Financial Reporting Services. (1) Account for fund Fund share purchases, sales, exchanges, transfers, dividend reinvestments, and other fund Fund share activity as reported by the transfer agent on a timely basis. (2) Apply equalization accounting as directed by the Fund. (3) Determine net investment income (earnings) for the Fund as of each valuation date. Account for periodic distributions of earnings to shareholders and maintain undistributed net investment income balances as of each valuation date. (4) Maintain a general ledger for the Fund in the form as agreed upon. (5) For each day the Fund is are open as defined in the prospectus, determine the net asset value of the according to the accounting policies and procedures set forth in the prospectus. (6) Calculate per share net asset value, per share net earnings, and other per share amounts reflective of fund operation at such time as required by the nature and characteristics of the Fund.

Fund Valuation and Financial Reporting Services. (1) Account for fund share purchases, sales, exchanges, transfers, dividend reinvestments, and other fund share activity as reported by the transfer agent on a timely basis. (2) Apply equalization accounting as directed by the FundTrust. (3) Determine net investment income (earnings) for the Fund Trust as of each valuation date. Account for periodic distributions of earnings to shareholders and maintain undistributed net investment income balances as of each valuation date. (4) Maintain a general ledger for the Fund Trust in the form as agreed upon. (5) For each day the Fund Trust is open as defined in the prospectus, determine the net asset value of the according to the accounting policies and procedures set forth in the prospectus. (6) Calculate per share net asset value, per share net earnings, and other per share amounts reflective of fund operation at such time as required by the nature and characteristics of the FundTrust.

Fund Valuation and Financial Reporting Services. (1) Account for fund Fund share purchases, sales, exchanges, transfers, dividend reinvestments, and other fund Fund share activity as reported by the transfer agent on a timely basis. (2) Apply equalization accounting as directed by the Fund. (3) Determine net investment income (earnings) for the Fund as of each valuation date. Account for periodic distributions of earnings to shareholders and maintain undistributed net investment income balances as of each valuation date. (4) Maintain a general ledger for the Fund in the form as agreed upon. (5) For each day the Fund is open as defined in the prospectus, determine the net asset value of the according to the accounting policies and procedures set forth in the prospectus. (6) Calculate per share net asset value, per share net earnings, and other per share amounts reflective of fund operation at such time as required by the nature and characteristics of the Fund.