Common use of PROGRAMMING HOURS Clause in Contracts

PROGRAMMING HOURS. The Annual Account service fees include 12,0643 programming hours per year. These hours are provided by a shared team of technical and business analyst resources. In the event that the Trusts’ use of resource hours exceeds the annual allocation noted, additional hours used would be charged at DST’s then applicable hourly rate, currently $195.00 per hour. 1 Balance earnings will continue to be shared equally between the Transfer Agent and the Trust.

Appears in 5 contracts

Samples: Transfer Agency and Service Agreement (Allspring Funds Trust), Transfer Agency and Service Agreement (Allspring Variable Trust), Transfer Agency and Service Agreement (Allspring Funds Trust)

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