Common use of Limitations of Liability and Indemnification Clause in Contracts

Limitations of Liability and Indemnification. 5.1 No Personal Liability of Shareholders, Trustees, etc. 7 5.2 Mandatory Indemnification 7 5.3 No Bond Required of Trustees 9 5.4 No Duty of Investigation; Notice in Trust Instruments, etc. 9 5.5 Reliance on Experts, etc. 9 ARTICLE VI Shares of Beneficial Interest 6.1 Beneficial Interest 9 6.2 Other Securities 9 6.3 Rights of Shareholders 9 6.4 Trust Only 10 6.5 Issuance of Shares 10 6.6 Register of Shares 10 6.7 Transfer Agent and Xxxxxxxxx 00 6.8 Transfer of Shares 10 6.9 Notices 11

Limitations of Liability and Indemnification. 5.1 No Personal Liability of Shareholders, Trustees, etc. 7 5.2 Mandatory Indemnification 7 8 5.3 No Bond Required of Trustees 9 5.4 No Duty of Investigation; Notice in Trust Instruments, etc. 9 5.5 Reliance on Experts, etc. 9 ARTICLE VI Shares of Beneficial Interest 6.1 Beneficial Interest 9 6.2 Other Securities 9 10 6.3 Rights of Shareholders 9 10 6.4 Trust Only 10 6.5 Issuance of Shares 10 6.6 Register of Shares 10 6.7 Transfer Agent and Xxxxxxxxx 00 6.8 Transfer of Shares 10 6.9 Notices 1110

Limitations of Liability and Indemnification. 5.1 7 4.1 No Personal Liability of Shareholders, Trustees, etc. etc 7 5.2 4.2 Mandatory Indemnification 7 5.3 No Bond Required of Trustees 9 5.4 4.3 No Duty of Investigation; Notice in Trust Instruments, etc. 9 5.5 etc 8 4.4 Reliance on Experts, etc. etc 9 ARTICLE VI V Shares of Beneficial Interest 6.1 9 5.1 Beneficial Interest 9 6.2 Other Securities 5.2 Classes and Series 9 6.3 5.3 Issuance of Shares 9 5.4 Repurchase and Redemption of Shares 9 5.5 Rights of Shareholders 9 6.4 10 5.6 Trust Only 10 6.5 Issuance of Shares 10 6.6 5.7 Register of Shares 10 6.7 5.8 Transfer Agent and Xxxxxxxxx 00 6.8 5.9 Transfer of Shares 10 6.9 Notices 11

Limitations of Liability and Indemnification. 5.1 No Personal Liability of Shareholders, Trustees, etc. 7 5.2 Mandatory Indemnification 7 5.3 No Bond Required of Trustees 9 5.4 No Duty of Investigation; Notice in Trust Instruments, etc. 9 5.5 Reliance on Experts, etc. 9 ARTICLE VI Shares of Beneficial Interest 6.1 Beneficial Interest 9 6.2 Other Securities 9 6.3 Rights of Shareholders 9 6.4 Trust Only 10 6.5 Issuance of Shares 10 6.6 Register of Shares 10 6.7 Transfer Agent and Xxxxxxxxx 00 6.8 Transfer of Shares 10 6.9 Notices 1111 ARTICLE VII Custodians 7.1 Appointment and Duties 11 7.2 Central Certificate System 11 ARTICLE VIII Redemption 8.1 Redemptions 11 8.2 Disclosure of Holding 11 ARTICLE IX Determination of Net Asset ValueNet Income and Distributions

Limitations of Liability and Indemnification. 10 5.1 No Personal Liability of Shareholders, Trustees, etc. 7 10 5.2 Mandatory Indemnification 7 11 5.3 No Bond Required of Trustees 9 12 5.4 No Duty of Investigation; No Notice in Trust Instruments, etc. 9 12 5.5 Reliance on Experts, etc. 9 13 ARTICLE VI Shares of Beneficial Interest SHARES OF BENEFICIAL INTEREST 13 6.1 Beneficial Interest 9 13 6.2 Other Securities 9 14 6.3 Rights of Shareholders 9 14 6.4 Exchange and Conversion Privileges 15 6.5 Trust Only 10 6.5 15 6.6 Issuance of Shares 10 6.6 15 6.7 Register of Shares 10 6.7 Transfer Agent and Xxxxxxxxx 00 6.8 Transfer of Shares 10 6.9 Notices 1115 TABLE OF CONTENTS (continued) PAGE

Limitations of Liability and Indemnification. 8 Section 5.1 No Personal Liability of Shareholders, Trustees, etc. 7 etc 8 Section 5.2 Mandatory Indemnification 7 8 Section 5.3 No Bond Required of Trustees 9 Section 5.4 No Duty of Investigation; No Notice in Trust Instruments, etc. etc 9 Section 5.5 Reliance on Experts, etc. etc 9 ARTICLE VI Shares of Beneficial Interest 10 Section 6.1 Beneficial Interest 9 10 Section 6.2 Other Securities 9 10 Section 6.3 Rights of Shareholders 9 10 Section 6.4 Trust Only 10 Section 6.5 Issuance of Shares 10 Section 6.6 Register of Shares 10 Section 6.7 Transfer Agent and Xxxxxxxxx 00 Registrar 11 Section 6.8 Transfer of Shares 10 11 Section 6.9 Notices 1111 Section 6.10 Derivative Actions 11 ARTICLE VII Custodians 12

Limitations of Liability and Indemnification. 5.1 No Personal Liability of Shareholders, Trustees, etc. 7 etc 14 5.2 Mandatory Indemnification 7 14 5.3 No Bond Required of Trustees 9 16 5.4 No Duty of Investigation; Notice in Trust Instruments, etc. 9 etc 16 5.5 Reliance on Experts, etc. 9 etc 16 ARTICLE VI Shares of Beneficial Interest 6.1 Beneficial Interest 9 17 6.2 Other Securities 9 17 6.3 Rights of Shareholders 9 17 6.4 Trust Only 10 17 6.5 Issuance of Shares 10 17 6.6 Register of Shares 10 18 6.7 Transfer Agent and Xxxxxxxxx Rxxxxxxxx 00 6.8 Transfer of Shares 10 6.9 Notices 1118 ARTICLE VII Custodians 7.1 Appointment and Duties 19 7.2 Central Certificate System 19 ARTICLE VIII Redemption

Limitations of Liability and Indemnification. 5.1 No Personal Liability of Shareholders, Trustees, etc. 7 5.2 Mandatory Indemnification 7 5.3 No Bond Required of Trustees 9 5.4 No Duty of Investigation; Notice in Trust Instruments, etc. 9 5.5 Reliance on Experts, etc. 9 ARTICLE VI Shares of Beneficial Interest 6.1 Beneficial Interest 9 6.2 Other Securities 9 10 6.3 Rights of Shareholders 9 10 6.4 Exchange and Conversion Privileges 10 6.5 Trust Only 10 6.5 Issuance of Shares 10 6.6 Register of Shares 10 6.7 Transfer Agent and Xxxxxxxxx 00 6.8 Transfer of Shares 10 6.9 Notices 1110

Limitations of Liability and Indemnification. 5.1 No Personal Liability of Shareholders, Trustees, etc. 7 5.2 Mandatory Indemnification 7 5.3 No Bond Required of Trustees 9 8 5.4 No Duty of Investigation; Notice in Trust Instruments, etc. 9 8 5.5 Reliance on Experts, etc. 9 ARTICLE VI Shares of Beneficial Interest 6.1 Beneficial Interest 9 6.2 Other Securities 9 6.3 Rights of Shareholders 9 6.4 Trust Only 10 9 6.5 Issuance of Shares 10 9 6.6 Register of Shares 10 6.7 Transfer Agent and Xxxxxxxxx 00 6.8 Transfer of Shares 10 6.9 Notices 1100

Limitations of Liability and Indemnification. Section 5.1 No Personal Liability of Shareholders, Trustees, etc. 7 etc 11 Section 5.2 Mandatory Indemnification 7 11 Section 5.3 No Bond Required of Trustees 9 13 Section 5.4 No Duty of Investigation; No Notice in Trust Instruments, etc. 9 etc 13 Section 5.5 Reliance on Experts, etc. 9 etc 13 ARTICLE VI Shares of Beneficial Interest Section 6.1 Beneficial Interest 9 13 Section 6.2 Other Securities 9 14 Section 6.3 Rights of Shareholders 9 14 Section 6.4 Trust Only 10 14 Section 6.5 Issuance of Shares 10 14 Section 6.6 Register of Shares 10 15 Section 6.7 Transfer Agent and Xxxxxxxxx 00 Section 6.8 Transfer of Shares 10 15 Section 6.9 Notices 1116 Section 6.10 Derivative Actions 16

Limitations of Liability and Indemnification. 5.1 No Personal Liability of Shareholders, Trustees, etc. 7 5.2 Mandatory Indemnification 7 5.3 No Bond Required of Trustees 9 8 5.4 No Duty of Investigation; Notice in Trust Instruments, etc. 9 5.5 Reliance on Experts, etc. 9 ARTICLE VI Shares of Beneficial Interest 6.1 Beneficial Interest 9 6.2 Other Securities 9 6.3 Rights of Shareholders 9 6.4 Trust Only 10 9 6.5 Issuance of Shares 10 6.6 Register of Shares 10 6.7 Transfer Agent and Xxxxxxxxx 00 6.8 Transfer of Shares 10 6.9 Notices 11Page

Limitations of Liability and Indemnification. 5.1 4.1 No Personal Liability of Shareholders, Trustees, etc. 7 5.2 etc 8 4.2 Mandatory Indemnification 7 5.3 No Bond Required of Trustees 9 5.4 8 4.3 No Duty of Investigation; Notice in Trust Instruments, etc. etc 9 5.5 4.4 Reliance on Experts, etc. 9 etc 10 ARTICLE VI V. Shares of Beneficial Interest 6.1 5.1 Beneficial Interest 9 6.2 Other Securities 9 6.3 10 5.2 Classes and Series 10 5.3 Issuance of Shares 11 5.4 Rights of Shareholders 9 6.4 11 5.5 Trust Only 10 6.5 Issuance of Shares 10 6.6 11 5.6 Register of Shares 10 6.7 11 5.7 Transfer Agent and Xxxxxxxxx 00 6.8 5.8 Transfer of Shares 10 6.9 12 5.9 Notices 1112 5.10 Net Asset Value 12 5.11 Distributions to Shareholders. 12 ARTICLE VI. Shareholders

Limitations of Liability and Indemnification. 5.1 4.1 No Personal Liability of Shareholders, Trustees, etc. 7 5.2 etc 8 4.2 Mandatory Indemnification 7 5.3 No Bond Required of Trustees 9 5.4 8 4.3 No Duty of Investigation; Notice in Trust Instruments, etc. 9 5.5 etc 10 4.4 Reliance on Experts, etc. 9 etc 10 ARTICLE VI V Shares of Beneficial Interest 6.1 5.1 Beneficial Interest 9 6.2 Other Securities 9 6.3 11 5.2 Classes and Series 11 5.3 Issuance of Shares 11 5.4 Rights of Shareholders 9 6.4 11 5.5 Trust Only 10 6.5 Issuance of Shares 10 6.6 12 5.6 Register of Shares 10 6.7 12 5.7 Transfer Agent and Xxxxxxxxx 00 6.8 5.8 Transfer of Shares 10 6.9 12 5.9 Notices 1112 5.10 Net Asset Value 12 5.11 Distributions to Shareholders 13 ARTICLE VI Shareholders

Limitations of Liability and Indemnification. 5.1 No Personal Liability of Shareholders, Trustees, etc. 7 5.2 Mandatory Indemnification 7 5.3 No Bond Required of Trustees 9 5.4 No Duty of Investigation; Notice in Trust Instruments, etc. 9 5.5 Reliance on Experts, etc. 9 ARTICLE VI Shares of Beneficial Interest 6.1 Beneficial Interest 9 6.2 Other Securities 9 6.3 Rights of Shareholders 9 6.4 Trust Only 10 6.5 Issuance of Shares 10 6.6 Register of Shares 10 6.7 Transfer Agent and Xxxxxxxxx 00 6.8 Transfer of Shares 10 6.9 Notices 11Rxxxxxxxx 00

Limitations of Liability and Indemnification. Section 5.1 No Personal Liability of Shareholders, Trustees, etc. 7 11 Section 5.2 Mandatory Indemnification 7 11 Section 5.3 No Bond Required of Trustees 9 13 Section 5.4 No Duty of Investigation; No Notice in Trust Instruments, etc. 9 13 Section 5.5 Reliance on Experts, etc. 9 13 ARTICLE VI Shares of Beneficial Interest Section 6.1 Beneficial Interest 9 13 Section 6.2 Other Securities 9 14 Section 6.3 Rights of Shareholders 9 14 Section 6.4 Trust Only 10 14 Section 6.5 Issuance of Shares 10 14 Section 6.6 Register of Shares 10 15 Section 6.7 Transfer Agent and Xxxxxxxxx 00 Section 6.8 Transfer of Shares 10 15 Section 6.9 Notices 1116 Section 6.10 Derivative Actions 16

Limitations of Liability and Indemnification. 5.1 7 4.1 No Personal Liability of Shareholders, Trustees, etc. etc 7 5.2 4.2 Mandatory Indemnification 7 5.3 No Bond Required of Trustees 9 5.4 4.3 No Duty of Investigation; Notice in Trust Instruments, etc. 9 5.5 etc 8 4.4 Reliance on Experts, etc. etc 9 ARTICLE VI V Shares of Beneficial Interest 6.1 9 5.1 Beneficial Interest 9 6.2 Other Securities 5.2 Classes and Series 9 6.3 5.3 Issuance of Shares 9 5.4 Rights of Shareholders 9 6.4 10 5.5 Trust Only 10 6.5 Issuance of Shares 10 6.6 5.6 Register of Shares 10 6.7 5.7 Transfer Agent and Xxxxxxxxx 00 6.8 5.8 Transfer of Shares 10 6.9 5.9 Notices 11 5.10 Net Asset Value 11 5.11 Distributions to Shareholders 11