Common use of Performance of Accounting Services Clause in Contracts

Performance of Accounting Services. ▇▇▇▇▇▇▇ shall perform the following accounting services for the Fund, each in accordance with the Fund’s prospectus and statement of additional information: 1.1. calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1.2 below; 1.2. obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from the Fund’s investment adviser or its designee, per the valuation policy approved by the Board; 1.3. verify and reconcile with the Fund’s custodian cash and all daily activity; 1.4. compute, as appropriate, the Fund’s net income and realized capital gains, dividend payables, dividend factors, and weighted average portfolio maturity; 1.5. review the net asset value calculation and dividend factor (if any) for the Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and/or yields to NASDAQ and such other entities as directed by the Fund; 1.6. determine unrealized appreciation and depreciation on securities held by the Fund; 1.7. accrue income of the Fund; 1.8. amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Fund; 1.9. update fund accounting system to reflect rate changes, as received/obtained by Ultimus, on variable interest rate instruments; 1.10. record investment trades received in proper form from the Fund or its authorized agents on the industry standard T+1 basis; 1.11. calculate Fund expenses based on instructions from the Fund’s administrator;

Performance of Accounting Services. ▇▇▇▇▇▇▇ Ultimus shall perform the following accounting services for the each Fund, each in accordance with the Fund’s prospectus and statement of additional information: 1.1. calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1.2 below; 1.2. obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from the each Fund’s investment adviser or its designee, per the valuation policy approved by the Board; 1.3. verify and reconcile with the Fund’s Funds’ custodian cash and all daily activity; 1.4. compute, as appropriate, the each Fund’s net income and realized capital gains, dividend payables, dividend factors, and weighted average portfolio maturity; 1.5. review the net asset value calculation and dividend factor (if any) for the each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and/or yields to NASDAQ and such other entities as directed by the Fund; 1.6. determine unrealized appreciation and depreciation on securities held by the FundFunds; 1.7. accrue income of the each Fund; 1.8. amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the FundTrust; 1.9. update fund accounting system to reflect rate changes, as received/obtained by Ultimus, on variable interest rate instruments; 1.10. record investment trades received in proper form from the each Fund or its authorized agents on the industry standard T+1 basis; 1.11. calculate Fund expenses based on instructions from the each Fund’s administrator; 1.12. accrue expenses of each Fund; 1.13. determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; 1.14. provide accounting reports in connection with each Fund’s regular annual audit and other audits and examinations by regulatory agencies; 1.15. provide such periodic reports as agreed to by the parties; 1.16. prepare and maintain the following records upon receipt of information in proper form from each Fund or its authorized agents: (1) cash receipts journal; (2) cash disbursements journal; (3) dividend record; (4) purchase and sales-portfolio securities journals; (5) subscription and redemption journals; (6) security ledgers; (7) broker ledger; (8) general ledger; (9) daily expense accruals; (10) daily income accruals, (11) securities and monies borrowed or loaned and collateral therefore; (12) foreign currency journals; and (13) trial balances; 1.17. provide information typically supplied in the investment company industry to companies that track or report price, performance or other information with respect to investment companies; 1.18. provide accounting information to each Fund’s independent registered public accounting firm for preparation of the Fund’s tax returns; and 1.19. cooperate with, and take all reasonable actions in the performance of its duties under this Agreement, so that all necessary information is made available to each Fund’s independent public accountants in connection with any audit or the preparation of any report requested by the Fund.

Performance of Accounting Services. ▇▇▇▇▇▇▇ Ultimus shall perform the following accounting services for the each Fund, each in accordance with the Fund’s prospectus and statement of additional information: 1.1. calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1.2 below; 1.2. obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from the each Fund’s investment adviser or its designee, per the valuation policy approved by the Board; 1.3. verify and reconcile with the Fund’s Funds’ custodian cash and all daily activity; 1.4. compute, as appropriate, the each Fund’s net income and realized capital gains, dividend payables, dividend factors, and weighted average portfolio maturity; 1.5. review the net asset value calculation and dividend factor (if any) for the each Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and/or yields to NASDAQ and such other entities as directed by the Fund; 1.6. determine unrealized appreciation and depreciation on securities held by the FundFunds; 1.7. accrue income of the each Fund; 1.8. amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the FundTrust; 1.9. update fund accounting system to reflect rate changes, as received/obtained by Ultimus, on variable interest rate instruments; 1.10. record investment trades received in proper form from the each Fund or its authorized agents on the industry standard T+1 basis; 1.11. calculate Fund expenses based on instructions from the each Fund’s administrator; 1.12. accrue expenses of each Fund; 1.13. determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; 1.14. provide accounting reports in connection with each Fund’s regular annual audit and other audits and examinations by regulatory agencies; 1.15. provide such periodic reports as agreed to by the parties; 1.16. prepare and maintain the following records upon receipt of information in proper form from each Fund or its authorized agents: (1) cash receipts journal; (2) cash disbursements journal; (3) dividend record; (4) purchase and sales-portfolio securities journals; (5) subscription and repurchase journals; (6) security ledgers; (7) broker ledger; (8) general ledger; (9) daily expense accruals; (10) daily income accruals, (11) securities and monies borrowed or loaned and collateral therefore; (12) foreign currency journals; and (13) trial balances; 1.17. provide information typically supplied in the investment company industry to companies that track or report price, performance or other information with respect to investment companies; 1.18. provide accounting information to each Fund’s independent registered public accounting firm or tax professional for preparation of the Fund’s tax returns; and 1.19. cooperate with, and take all reasonable actions in the performance of its duties under this Agreement, so that all necessary information is made available to each Fund’s independent public accountants in connection with any audit or the preparation of any report requested by the Fund.

Performance of Accounting Services. ▇▇▇▇▇▇▇ Ultimus shall perform the following accounting services for the Fund, each in accordance with the Fund’s prospectus and statement of additional information: 1.1. calculate the net asset value per share utilizing prices obtained from the sources described in subsection 1.2 below; 1.2. obtain security prices from independent pricing services, or if such quotes are unavailable, then obtain such prices from the Fund’s investment adviser or its designee, per the valuation policy approved by the Board; 1.3. verify and reconcile with the Fund’s custodian cash and all daily activity; 1.4. compute, as appropriate, the Fund’s net income and realized capital gains, dividend payables, dividend factors, and weighted average portfolio maturity; 1.5. review the net asset value calculation and dividend factor (if any) for the Fund prior to release to shareholders, check and confirm the net asset values and dividend factors for reasonableness and deviations, and distribute net asset values and/or yields to NASDAQ and such other entities as directed by the Fund; 1.6. determine unrealized appreciation and depreciation on securities held by the Fund; 1.7. accrue income of the Fund; 1.8. amortize premiums and accrete discounts on securities purchased at a price other than face value, if requested by the Fund; 1.9. update fund accounting system to reflect rate changes, as received/obtained by Ultimus, on variable interest rate instruments; 1.10. record investment trades received in proper form from the Fund or its authorized agents on the industry standard T+1 basis; 1.11. calculate Fund expenses based on instructions from the Fund’s administrator; 1.12. accrue expenses of the Fund; 1.13. determine the outstanding receivables and payables for all (1) security trades, (2) Fund share transactions and (3) income and expense accounts; 1.14. provide accounting reports in connection with the Fund’s regular annual audit and other audits and examinations by regulatory agencies; 1.15. provide such periodic reports as agreed to by the parties; 1.16. prepare and maintain the following records upon receipt of information in proper form from the Fund or its authorized agents: (1) cash receipts journal; (2) cash disbursements journal; (3) dividend record; (4) purchase and sales-portfolio securities journals; (5) subscription and repurchase journals; (6) security ledgers; (7) broker ledger; (8) general ledger; (9) daily expense accruals; (10) daily income accruals, (11) securities and monies borrowed or loaned and collateral therefore; (12) foreign currency journals; and (13) trial balances; 1.17. provide information typically supplied in the investment company industry to companies that track or report price, performance or other information with respect to investment companies; 1.18. provide accounting information to the Fund’s independent registered public accounting firm for preparation of the Fund’s tax returns; 1.19. take all reasonable actions in the performance of its duties under this Agreement, so that all necessary information is made available to the Fund’s independent public accountants in connection with any audit or the preparation of any report requested by the Fund; and 1.20. provide such additional services in connection herewith as reasonably requested and mutually agreed upon in writing by the parties hereto.