Common use of Identity Verification Clause in Contracts

Identity Verification. Upon receipt of a complete application, as described in Section I above to establish an account or add an authorized signer or beneficiary, the Transfer Agent will attempt to verify the identity of the shareholder and its authorized signers and/or beneficiaries, as applicable. The extent and nature of the information needed by the Transfer Agent to perform such verification shall depend upon the nature of the accountholder, authorized signer or beneficiary (e.g. corporation, individual, trust, non-U.S. resident) but shall at a minimum include, without limitation, the entity's name, U.S. street address, social security number and, if applicable, date of birth. The Transfer Agent shall deem the identity verified, as to the shareholder or any authorized signers or beneficiaries on the account, if (i) such entity's name, U.S. resident street address, social security number and date of birth matches information in the database utilized by the Transfer Agent or (ii) the Fund, to the Transfer Agent's reasonable satisfaction, (a) certifies to the successful verification by the Fund of the identity of such entity and the manner in which the Fund verified such identity, and (b) provides copies of the detailed information verified (i.e. passport number, drivers license number, birth certificate, etc.) which, in the Transfer's Agent's opinion, fulfills applicable regulatory requirements. Examples of acceptable documentary evidence, as agreed upon by the parties, include driver's license, military driver's license or other military identification card, alien registration card, birth certificate identification card issued by a state within the last 6 months, certified copy of a court order with full name and date of birth, and passport. The Transfer Agent also shall attempt to so verify the identity of any authorized signer or beneficiary which the Fund and/or shareholder requests to be added to any existing account established after October 1, 2003. In cases where the Fund has not certified to the entity's identity as described above and the Transfer Agent is unable to verify such information, the Transfer Agent shall so notify the Fund, furnish supporting documentation to it and request that additional evidence or such certification from the Fund. In cases where the shareholder's identity cannot be verified by the Transfer Agent and the Fund has failed to provide a certification with respect to the shareholder's identity to the Transfer Agent's reasonable satisfaction, the Transfer Agent, in its sole discretion or upon the Fund's request, may close the account. If it is an authorized signer or beneficiary's identity that cannot be verified to the Transfer Agent's reasonable satisfaction, the Transfer Agent, in its sole discretion or at the Fund's request, may close the account or refuse to add such entity(ies) to the account. In either case, the Transfer Agent may file the appropriate report(s) on its own behalf with the applicable regulators and comply with instructions of appropriate regulator(s) which may include, without limitation, freezing the account and its assets, refusing to add an authorized signer or beneficiary to the account, and/or closing the account. The Transfer Agent shall redeem any shares in a closed account with the opening net asset value as of the date on which such account was closed, with the proceeds forwarded to the shareholder when available. The restrictions against redemption transactions with respect to an account or any authorized signer or beneficiary on such account shall be removed only when the Transfer Agent determines that (i) no Positive Match exists with respect to the shareholder, authorized signer or beneficiary, as the case may be, and (ii) such entity's identity has been verified by the Transfer Agent as described above.

Identity Verification. Upon receipt of a complete application, as described in Section I above above, to establish an account or add an authorized signer or beneficiary, the Transfer Agent will attempt to verify the identity of the shareholder participant and its authorized signers and/or beneficiaries, as applicable. The extent and nature of the information needed by the Transfer Agent to perform such verification shall depend upon the nature of the accountholder, authorized signer or beneficiary (e.g. corporation, individual, trust, non-U.S. resident) but shall at a minimum include, without limitation, the entity's name, U.S. street address, social security number and, if applicable, date of birth. The Transfer Agent shall deem the identity verified, as to the shareholder participant or any authorized signers or beneficiaries on the account, if (i) such entity's name, U.S. resident street address, social security number and date of birth matches information in the database utilized by the Transfer Agent or (ii) the Fund, to the Transfer Agent's reasonable satisfaction, (a) certifies to the successful verification by the Fund of the identity of such entity and the manner in which the Fund verified such identity, and (b) provides copies of the detailed information verified (i.e. passport number, drivers license number, birth certificate, etc.) which, in the Transfer's Agent's opinion, fulfills applicable regulatory requirements. Examples of acceptable documentary evidence, as agreed upon by the parties, include driver's license, military driver's license or other military identification card, alien registration card, birth certificate certificate, identification card issued by a state within the last 6 months, certified copy of a court order with a full name and date of birth, and passport. The Transfer Agent also shall attempt to so verify the identity of any authorized signer or beneficiary which the Fund and/or shareholder participant requests to be added to any existing account established after October 1, 2003. In cases where the Fund has not certified to the entity's identity as described above and the Transfer Agent is unable to verify such information, the Transfer Agent shall so notify the Fund, furnish supporting documentation to it and request that additional evidence or such certification from the Fund. In cases where the shareholderparticipant's identity cannot be verified by the Transfer Agent and the Fund has failed to provide a certification with respect to the shareholderparticipant's identity to the Transfer Agent's reasonable satisfaction, the Transfer Agent, in its is sole discretion or upon the Fund's request, may close the account. If it is an authorized signer or beneficiary's identity that cannot be verified to the Transfer Agent's reasonable satisfaction, the Transfer Agent, in its sole discretion or at the Fund's request, may close the account or refuse to add such entity(ies) to the account. In either case, the Transfer Agent may file the appropriate report(s) on its own behalf with the applicable regulators and comply with instructions of appropriate report(s) on its own behalf with the applicable regulators and comply with instructions of appropriate regulator(s) which may include, without limitation, freezing the account and its assets, refusing to add an authorized signer or beneficiary to the account, and/or closing the account. The Transfer Agent shall redeem any shares share in a closed account with the opening net asset value as of the date on which such account was closed, with the proceeds forwarded to the shareholder participant when available. Lifting of Restrictions on Redemptions The restrictions against redemption transactions with respect to an account or any authorized signer or of beneficiary on such account shall be removed only when the Transfer Agent determines that (i) no Positive Match exists with respect to the shareholderparticipant, authorized signer or beneficiary, as the case may be, and (ii) such entity's identity has been verified by the Transfer Agent as described describe above.

Identity Verification. Upon receipt of a complete application, as described in Section I above above, to establish an account or add an authorized signer or beneficiary, the Transfer Agent will attempt to verify the identity of the shareholder participant and its authorized signers and/or beneficiaries, as applicable. The extent and nature of the information needed by the Transfer Agent to perform such verification shall depend upon the nature of the accountholder, authorized signer or beneficiary (e.g. corporation, individual, trust, non-U.S. resident) but shall at a minimum include, without limitation, the entity's ’s name, U.S. street address, social security number and, if applicable, date of birth. The Transfer Agent shall deem the identity verified, as to the shareholder participant or any authorized signers or beneficiaries on the account, if (i) such entity's ’s name, U.S. resident street address, social security number and date of birth matches information in the database utilized by the Transfer Agent or (ii) the Fund, to the Transfer Agent's ’s reasonable satisfaction, (a) certifies to the successful verification by the Fund of the identity of such entity and the manner in which the Fund verified such identity, and (b) provides copies of the detailed information verified (i.e. passport number, drivers license number, birth certificate, etc.) which, in the Transfer's ’s Agent's ’s opinion, fulfills applicable regulatory requirements. Examples of acceptable documentary evidence, as agreed upon by the parties, include driver's ’s license, military driver's ’s license or other military identification card, alien registration card, birth certificate certificate, identification card issued by a state within the last 6 months, certified copy of a court order with full name and date of birth, and passport. The Transfer Agent also shall attempt to so verify the identity of any authorized signer or beneficiary which the Fund and/or shareholder participant requests to be added to any existing account established after October 1, 2003. In cases where the Fund has not certified to the entity's ’s identity as described above and the Transfer Agent is unable to verify such information, the Transfer Agent shall so notify the Fund, furnish supporting documentation to it and request that additional evidence or such certification from the Fund. In cases where the shareholder's participant’s identity cannot be verified by the Transfer Agent and the Fund has failed to provide a certification with respect to the shareholder's participant’s identity to the Transfer Agent's ’s reasonable satisfaction, the Transfer Agent, in its sole discretion or upon the Fund's ’s request, may close the account. If it is an authorized signer or beneficiary's ’s identity that cannot be verified to the Transfer Agent's ’s reasonable satisfaction, the Transfer Agent, in its sole discretion or at the Fund's ’s request, may close the account or refuse to add such entity(ies) to the account. In either case, the Transfer Agent may file the appropriate report(s) on its own behalf with the applicable regulators and comply with instructions of appropriate regulator(s) which may include, without limitation, freezing the account and its assets, refusing to add an authorized signer or beneficiary to the account, and/or closing the account. The Transfer Agent shall redeem any shares in a closed account with the opening net asset value as of the date on which such account was closed, with the proceeds forwarded to the shareholder participant when available. The restrictions against redemption transactions with respect to an account or any authorized signer or beneficiary on such account shall be removed only when the Transfer Agent determines that (i) no Positive Match exists with respect to the shareholder, authorized signer or beneficiary, as the case may be, and (ii) such entity's identity has been verified by the Transfer Agent as described above.

Identity Verification. Upon receipt of a complete application, as described in Section I above to establish an account or add an authorized signer or beneficiary, the Transfer Agent will attempt to verify the identity of the shareholder and its authorized signers and/or beneficiaries, as applicable. The extent and nature of the information needed by the Transfer Agent to perform such verification shall depend upon the nature of the accountholder, authorized signer or beneficiary (e.g. corporation, individual, trust, non-U.S. resident) but shall at a minimum include, without limitation, the entity's ’s name, U.S. street address, social security number and, if applicable, date of birth. The Transfer Agent shall deem the identity verified, as to the shareholder or any authorized signers or beneficiaries on the account, if (i) such entity's ’s name, U.S. resident street address, social security number and date of birth matches information in the database utilized by the Transfer Agent or (ii) the Fund, to the Transfer Agent's ’s reasonable satisfaction, (a) certifies to the successful verification by the Fund of the identity of such entity and the manner in which the Fund verified such identity, and (b) provides copies of the detailed information verified (i.e. passport number, drivers license number, birth certificate, etc.) which, in the Transfer's ’s Agent's ’s opinion, fulfills applicable regulatory requirements. Examples of acceptable documentary evidence, as agreed upon by the parties, include driver's ’s license, military driver's ’s license or other military identification card, alien registration card, birth certificate identification card issued by a state within the last 6 months, certified copy of a court order with full name and date of birth, and passport. The Transfer Agent also shall attempt to so verify the identity of any authorized signer or beneficiary which the Fund and/or shareholder requests to be added to any existing account established after October 1, 20031,2003. In cases where the Fund has not certified to the entity's ’s identity as described above and the Transfer Agent is unable to verify such information, the Transfer Agent shall so notify the Fund, furnish supporting documentation to it and request that additional evidence or such certification from the Fund. In cases where the shareholder's ’s identity cannot be verified by the Transfer Agent and the Fund has failed to provide a certification with respect to the shareholder's ’s identity to the Transfer Agent's ’s reasonable satisfaction, the Transfer Agent, in its sole discretion or upon the Fund's ’s request, may close the account. If it is an authorized signer or beneficiary's ’s identity that cannot be verified to the Transfer Agent's ’s reasonable satisfaction, the Transfer Agent, in its sole discretion or at the Fund's ’s request, may close the account or refuse to add such entity(ies) to the account. In either case, the Transfer Agent may file the appropriate report(s) on its own behalf with the applicable regulators and comply with instructions of appropriate regulator(s) which may include, without limitation, freezing the account and its assets, refusing to add an authorized signer or beneficiary to the account, and/or closing the account. The Transfer Agent shall redeem any shares in a closed account with the opening net asset value as of the date on which such account was closed, with the proceeds forwarded to the shareholder when available. The restrictions against redemption transactions with respect to an account or any authorized signer signer, or beneficiary on such account shall be removed only when the Transfer Agent determines that (i) no Positive Match exists with respect to the shareholder, authorized signer or beneficiary, as the case may be, and (ii) such entity's ’s identity has been verified by the Transfer Agent as described above.

Identity Verification. Upon receipt of a complete application, as described in Section I above to establish an account or add an authorized signer or beneficiary, the Transfer Agent will attempt to verify the identity of the shareholder and its authorized signers and/or beneficiaries, as applicable. The extent and nature of the information needed by the Transfer Agent to perform such verification shall depend upon the nature of the accountholder, authorized signer or beneficiary (e.g. corporation, individual, trust, non-U.S. resident) but shall at a minimum include, without limitation, the entity's name, U.S. US. street address, social security number and, if applicable, date of birth. The Transfer Agent shall deem the identity verified, as to the shareholder or any authorized signers or beneficiaries on the account, if (i) such entity's name, U.S. US. resident street address, social security number and date of birth matches information in the database utilized by the Transfer Agent or (ii) the Fund, to the Transfer Agent's reasonable satisfaction, (a) certifies to the successful verification by the Fund of the identity of such entity and the manner in which the Fund verified such identity, and (b) provides copies of the detailed information verified (i.e. passport number, drivers license number, birth certificate, etc.) which, in the Transfer's Agent's opinion, fulfills applicable regulatory requirements. Examples of acceptable documentary evidence, as agreed upon by the parties, include driver's license, military driver's license or other military identification card, alien registration card, birth certificate identification card issued by a state within the last 6 months, certified copy of a court order with full name and date of birth, and passport. The Transfer Agent also shall attempt to so verify the identity of any authorized signer or beneficiary which the Fund and/or shareholder requests to be added to any existing account established after October 1, 20031,2003. In cases where the Fund has not certified to the entity's identity as described above and the Transfer Agent is unable to verify such information, the Transfer Agent shall so notify the Fund, furnish supporting documentation to it and request that additional evidence or such certification from the Fund. In cases where the shareholder's identity cannot be verified by the Transfer Agent and the Fund has failed to provide a certification with respect to the shareholder's identity to the Transfer Agent's reasonable satisfaction, the Transfer Agent, in its sole discretion or upon the Fund's request, may close the account. If it is an authorized signer or beneficiary's identity that cannot be verified to the Transfer Agent's reasonable satisfaction, the Transfer Agent, in its sole discretion or at the Fund's request, may close the account or refuse to add such entity(ies) to the account. In either case, the Transfer Agent may file the appropriate report(s) on its own behalf with the applicable regulators and comply with instructions of appropriate regulator(s) which may include, without limitation, freezing the account and its assets, refusing to add an authorized signer or beneficiary to the account, and/or closing the account. The Transfer Agent shall redeem any shares in a closed account with the opening net asset value as of the date on which such account was closed, with the proceeds forwarded to the shareholder when available. The restrictions against redemption transactions with respect to an account or any authorized signer or beneficiary on such account shall be removed only when the Transfer Agent determines that (i) no Positive Match exists with respect to the shareholder, authorized signer or beneficiary, as the case may be, and (ii) such entity's identity has been verified by the Transfer Agent as described above.

Identity Verification. Upon receipt of a complete application, as described in Section I above above, to establish an account or add an authorized signer or beneficiary, the Transfer Agent will attempt to verify the identity of the shareholder participant and its authorized signers and/or beneficiaries, as applicable. The extent and nature of the information needed by the Transfer Agent to perform such verification shall depend upon the nature of the accountholder, authorized signer or beneficiary (e.g. corporation, individual, trust, non-U.S. resident) but shall at a minimum include, without limitation, the entity's name, U.S. street address, social security number and, if applicable, date of birth. The Transfer Agent shall deem the identity verified, as to the shareholder participant or any authorized signers or beneficiaries on the account, if (i) such entity's name, U.S. resident street address, social security number and date of birth matches information in the database utilized by the Transfer Agent or (ii) the Fund, to the Transfer Agent's reasonable satisfaction, (a) certifies to the successful verification by the Fund of the identity of such entity and the manner in which the Fund verified such identity, and (b) provides copies of the detailed information verified (i.e. passport number, drivers license number, birth certificate, etc.) which, in the Transfer's Agent's opinion, fulfills applicable regulatory requirements. Examples of acceptable documentary evidence, as agreed upon by the parties, include driver's license, military driver's license or other military identification card, alien registration card, birth certificate certificate, identification card issued by a state within the last 6 months, certified copy of a court order with a full name and date of birth, and passport. The Transfer Agent also shall attempt to so verify the identity of any authorized signer or beneficiary which the Fund and/or shareholder participant requests to be added to any existing account established after October 1, 2003. In cases where the Fund has not certified to the entity's identity as described above and the Transfer Agent is unable to verify such information, the Transfer Agent shall so notify the Fund, furnish supporting documentation to it and request that additional evidence or such certification from the Fund. In cases where the shareholderparticipant's identity cannot be verified by the Transfer Agent and the Fund has failed to provide a certification with respect to the shareholderparticipant's identity to the Transfer Agent's ' reasonable satisfaction, the Transfer Agent, in its is sole discretion or upon the Fund's request, may close the account. If it is an authorized signer or beneficiary's identity that cannot be verified to the Transfer Agent's reasonable satisfaction, the Transfer Agent, in its sole discretion or at the Fund's request, may close the account or refuse to add such entity(ies) to the account. In either case, the Transfer Agent may file the appropriate report(s) on its own behalf with the applicable regulators and comply with instructions of appropriate regulator(s) which may include, without limitation, freezing the account and its assets, refusing to add an authorized signer or beneficiary to the account, and/or closing the account. The Transfer Agent shall redeem any shares share in a closed account with the opening net asset value as of the date on which such account was closed, with the proceeds forwarded to the shareholder participant when available. Lifting of Restrictions on Redemptions The restrictions against redemption transactions with respect to an account or any authorized signer or of beneficiary on such account shall be removed only when the Transfer Agent determines that (i) no Positive Match exists with respect to the shareholderparticipant, authorized signer or beneficiary, as the case may be, and (ii) such entity's identity has been verified by the Transfer Agent as described describe above.

Identity Verification. Upon receipt of a complete application, as described in Section I above above, to establish an account or add an authorized signer or beneficiary, the Transfer Agent will attempt to verify the identity of the shareholder and its authorized signers and/or beneficiaries, as applicable. The extent and nature of the information needed by the Transfer Agent to perform such verification shall depend upon the nature of the accountholder, authorized signer or beneficiary (e.g. corporation, individual, trust, non-U.S. resident) but shall at a minimum include, without limitation, the entity's name, U.S. street address, social security number and, if applicable, date of birth. The Transfer Agent shall deem the identity verified, as to the shareholder or any authorized signers or beneficiaries on the account, if (i) such entity's name, U.S. resident street address, social security number and date of birth matches information in the database utilized by the Transfer Agent or (ii) the Fund, to the Transfer Agent's reasonable satisfaction, (a) certifies to the successful verification by the Fund of the identity of such entity and the manner in which the Fund verified such identity, and (b) provides copies of the detailed information verified (i.e. passport number, drivers license number, birth certificate, etc.) which, in the Transfer's Agent's opinion, fulfills applicable regulatory requirements. Examples of acceptable documentary evidence, as agreed upon by the parties, include driver's license, military driver's license or other military identification card, alien registration card, birth certificate certificate, identification card issued by a state within the last 6 months, certified copy of a court order with a full name and date of birth, and passport. The Transfer Agent also shall attempt to so verify the identity of any authorized signer or beneficiary which the Fund and/or shareholder requests to be added to any existing account established after October 1, 2003. In cases where the Fund has not certified to the entity's identity as described above and the Transfer Agent is unable to verify such information, the Transfer Agent shall so notify the Fund, furnish supporting documentation to it and request that additional evidence or such certification from the Fund. In cases where the shareholder's identity cannot be verified by the Transfer Agent and the Fund has failed to provide a certification with respect to the shareholder's identity to the Transfer Agent's ' reasonable satisfaction, the Transfer Agent, in its is sole discretion or upon the Fund's request, may close the account. If it is an authorized signer or beneficiary's identity that cannot be verified to the Transfer Agent's reasonable satisfaction, the Transfer Agent, in its sole discretion or at the Fund's request, may close the account or refuse to add such entity(ies) to the account. In either case, the Transfer Agent may file the appropriate report(s) on its own behalf with the applicable regulators and comply with instructions of appropriate report(s) on its own behalf with the applicable regulators and comply with instructions of appropriate regulator(s) which may include, without limitation, freezing the account and its assets, refusing to add an authorized signer or beneficiary to the account, and/or closing the account. The Transfer Agent shall redeem any shares in a closed account with the opening net asset value as of the date on which such account was closed, with the proceeds forwarded to the shareholder when available. The restrictions against redemption transactions with respect to an account or any authorized signer or beneficiary on such account shall be removed only when the Transfer Agent determines that (i) no Positive Match exists with respect to the shareholder, authorized signer or beneficiary, as the case may be, and (ii) such entity's identity has been verified by the Transfer Agent as described above.

Identity Verification. Upon receipt of a complete application, as described in Section I above above, to establish an account or add an authorized signer or beneficiary, the Transfer Agent will attempt to verify the identity of the shareholder participant and its authorized signers and/or beneficiaries, as applicable. The extent and nature of the information needed by the Transfer Agent to perform such verification shall depend upon the nature of the accountholder, authorized signer or beneficiary (e.g. corporation, individual, trust, non-U.S. resident) but shall at a minimum include, without limitation, the entity's name, U.S. street address, social security number and, if applicable, date of birth. The Transfer Agent shall deem the identity verified, as to the shareholder participant or any authorized signers or beneficiaries on the account, if (i) such entity's name, U.S. resident street address, social security number and date of birth matches information in the database utilized by the Transfer Agent or (ii) the Fund, to the Transfer Agent's reasonable satisfaction, (a) certifies to the successful verification by the Fund of the identity of such entity and the manner in which the Fund verified such identity, and (b) provides copies of the detailed information verified (i.e. passport number, drivers license number, birth certificate, etc.) which, in the Transfer's Agent's opinion, fulfills applicable regulatory requirements. Examples of acceptable documentary evidence, as agreed upon by the parties, include driver's license, military driver's license or other military identification card, alien registration card, birth certificate certificate, identification card issued by a state within the last 6 months, certified copy of a court order with a full name and date of birth, and passport. The Transfer Agent also shall attempt to so verify the identity of any authorized signer or beneficiary which the Fund and/or shareholder participant requests to be added to any existing account established after October 1, 2003. In cases where the Fund has not certified to the entity's identity as described above and the Transfer Agent is unable to verify such information, the Transfer Agent shall so notify the Fund, furnish supporting documentation to it and request that additional evidence or such certification from the Fund. In cases where the shareholderparticipant's identity cannot be verified by the Transfer Agent and the Fund has failed to provide a certification with respect to the shareholderparticipant's identity to the Transfer Agent's ' reasonable satisfaction, the Transfer Agent, in its is sole discretion or upon the Fund's request, may close the account. If it is an authorized signer or beneficiary's identity that cannot be verified to the Transfer Agent's reasonable satisfaction, the Transfer Agent, in its sole discretion or at the Fund's request, may close the account or refuse to add such entity(ies) to the account. In either case, the Transfer Agent may file the appropriate report(s) on its own behalf with the applicable regulators and comply with instructions of appropriate report(s) on its own behalf with the applicable regulators and comply with instructions of appropriate regulator(s) which may include, without limitation, freezing the account and its assets, refusing to add an authorized signer or beneficiary to the account, and/or closing the account. The Transfer Agent shall redeem any shares share in a closed account with the opening net asset value as of the date on which such account was closed, with the proceeds forwarded to the shareholder participant when available. Lifting of Restrictions on Redemptions The restrictions against redemption transactions with respect to an account or any authorized signer or of beneficiary on such account shall be removed only when the Transfer Agent determines that (i) no Positive Match exists with respect to the shareholderparticipant, authorized signer or beneficiary, as the case may be, and (ii) such entity's identity has been verified by the Transfer Agent as described describe above.

Identity Verification. Upon receipt of a complete application, as described in Section I above above, to establish an account or add an authorized signer or beneficiary, the Transfer Agent will attempt to verify the identity of the shareholder participant and its authorized signers and/or beneficiaries, as applicable. The extent and nature of the information needed by the Transfer Agent to perform such verification shall depend upon the nature of the accountholder, authorized signer or beneficiary (e.g. corporation, individual, trust, non-U.S. resident) but shall at a minimum include, without limitation, the entity's name, U.S. street address, social security number and, if applicable, date of birth. The Transfer Agent shall deem the identity verified, as to the shareholder participant or any authorized signers or beneficiaries on the account, if (i) such entity's name, U.S. resident street address, social security number and date of birth matches information in the database utilized by the Transfer Agent or (ii) the Fund, to the Transfer Agent's reasonable satisfaction, (a) certifies to the successful verification by the Fund of the identity of such entity and the manner in which the Fund verified such identity, and (b) provides copies of the detailed information verified (i.e. passport number, drivers license number, birth certificate, etc.) which, in the Transfer's Agent's opinion, fulfills applicable regulatory requirements. Examples of acceptable documentary evidence, as agreed upon by the parties, include driver's license, military driver's license or other military identification card, alien registration card, birth certificate certificate, identification card issued by a state within the last 6 months, certified copy of a court order with full name and date of birth, and passport. The Transfer Agent also shall attempt to so verify the identity of any authorized signer or beneficiary which the Fund and/or shareholder participant requests to be added to any existing account established after October 1, 2003. In cases where the Fund has not certified to the entity's identity as described above and the Transfer Agent is unable to verify such information, the Transfer Agent shall so notify the Fund, furnish supporting documentation to it and request that additional evidence or such certification from the Fund. In cases where the shareholderparticipant's identity cannot be verified by the Transfer Agent and the Fund has failed to provide a certification with respect to the shareholderparticipant's identity to the Transfer Agent's reasonable satisfaction, the Transfer Agent, in its sole discretion or upon the Fund's request, may close the account. If it is an authorized signer or beneficiary's identity that cannot be verified to the Transfer Agent's reasonable satisfaction, the Transfer Agent, in its sole discretion or at the Fund's request, may close the account or refuse to add such entity(ies) to the account. In either case, the Transfer Agent may file the appropriate report(s) on its own behalf with the applicable regulators and comply with instructions of appropriate regulator(s) which may include, without limitation, freezing the account and its assets, refusing to add an authorized signer or beneficiary to the account, and/or closing the account. The Transfer Agent shall redeem any shares in a closed account with the opening net asset value as of the date on which such account was closed, with the proceeds forwarded to the shareholder participant when available. Lifting of Restrictions on Redemptions. The restrictions against redemption transactions with respect to an account or any authorized signer or beneficiary on such account shall be removed only when the Transfer Agent determines that (i) no Positive Match exists with respect to the shareholderparticipant, authorized signer or beneficiary, as the case may be, and (ii) such entity's identity has been verified by the Transfer Agent as described above.

Identity Verification. Upon receipt of a complete application, as described in Section I above above, to establish an account or add an authorized signer or beneficiary, the Transfer Agent will attempt to verify the identity of the shareholder and its authorized signers and/or beneficiaries, as applicable. The extent and nature of the information needed by the Transfer Agent to perform such verification shall depend upon the nature of the accountholder, authorized signer or beneficiary (e.g. corporation, individual, trust, non-U.S. resident) but shall at a minimum include, without limitation, the entity's name, U.S. street address, social security number and, if applicable, date of birth. The Transfer Agent shall deem the identity verified, as to the shareholder or any authorized signers or beneficiaries on the account, if (i) such entity's name, U.S. resident street address, social security number and date of birth matches information in the database utilized by the Transfer Agent or (ii) the Fund, to the Transfer Agent's reasonable satisfaction, (a) certifies to the successful verification by the Fund of the identity of such entity and the manner in which the Fund verified such identity, and (b) provides copies of the detailed information verified (i.e. passport number, drivers license number, birth certificate, etc.) which, in the Transfer's Agent's opinion, fulfills applicable regulatory requirements. Examples of acceptable documentary evidence, as agreed upon by the parties, include driver's license, military driver's license or other military identification card, alien registration card, birth certificate certificate, identification card issued by a state within the last 6 months, certified copy of a court order with a full name and date of birth, and passport. The Transfer Agent also shall attempt to so verify the identity of any authorized signer or beneficiary which the Fund and/or shareholder requests to be added to any existing account established after October 1, 2003. In cases where the Fund has not certified to the entity's identity as described above and the Transfer Agent is unable to verify such information, the Transfer Agent shall so notify the Fund, furnish supporting documentation to it and request that additional evidence or such certification from the Fund. In cases where the shareholder's identity cannot be verified by the Transfer Agent and the Fund has failed to provide a certification with respect to the shareholder's identity to the Transfer Agent's ' reasonable satisfaction, the Transfer Agent, in its is sole discretion or upon the Fund's request, may close the account. If it is an authorized signer or beneficiary's identity that cannot be verified to the Transfer Agent's reasonable satisfaction, the Transfer Agent, in its sole discretion or at the Fund's request, may close the account or refuse to add such entity(ies) to the account. In either case, the Transfer Agent may file the appropriate report(s) on its own behalf with the applicable regulators and comply with instructions of appropriate report(s) on its own behalf with the applicable regulators and comply with instructions of appropriate regulator(s) which may include, without limitation, freezing the account and its assets, refusing to add an authorized signer or beneficiary to the account, and/or closing the account. The Transfer Agent shall redeem any shares in a closed account with the opening net asset value as of the date on which such account was closed, with the proceeds forwarded to the shareholder when available. The restrictions against redemption transactions with respect to an account or any authorized signer or beneficiary on such account shall be removed only when the Transfer Agent determines that (i) no Positive Match exists with respect to the shareholder, authorized signer or beneficiary, as the case may be, and (ii) such entity's identity has been verified by the Transfer Agent as described above.