CLIENT FUNDS When necessary, client funds shall be handled by the Agency. The Contractor shall not handle client funds.
Multi-Manager Funds In connection with securities transactions for the Fund, the Subadviser that is (or whose affiliated person is) entering into the transaction, and any other investment manager that is advising an affiliate of the Fund (or portion of the Fund) (collectively, the “Managers” for the purposes of this section) entering into the transaction are prohibited from consulting with each other concerning transactions for the Fund in securities or other assets and, if both Managers are responsible for providing investment advice to the Fund, the Manager’s responsibility in providing advice is expressly limited to a discrete portion of the Fund’s portfolio that it manages. This prohibition does not apply to communications by the Adviser in connection with the Adviser’s (i) overall supervisory responsibility for the general management and investment of the Fund’s assets; (ii) determination of the allocation of assets among the Manager(s), if any; and (iii) investment discretion with respect to the investment of Fund assets not otherwise assigned to a Manager.
Excess Funds Any party receiving funds paid by SBBC under this Agreement agrees to promptly notify SBBC of any funds erroneously received from SBBC upon the discovery of such erroneous payment or overpayment. Any such excess funds shall be refunded to SBBC.
Funds On sales of Class A shares and Class 529-A shares of Funds listed in Category 1 on the attached Schedule A that are accepted by us and for which you are responsible, you will be paid dealer concessions as follows: Less than $25,000 5.00% 5.75% $25,000 but less than $50,000 4.25% 5.00% $50,000 but less than $100,000 3.75% 4.50% $100,000 but less than $250,000 2.75% 3.50% $250,000 but less than $500,000 2.00% 2.50% $500,000 but less than $750,000 1.60% 2.00% $750,000 but less than $1,000,000 1.20% 1.50% $1,000,000 or more See below None
Other Funds Federated Hermes Emerging Market Debt Fund Federated Hermes Emerging Markets Equity Fund Federated Hermes Global Strategic Value Dividend Fund Federated Hermes Global Total Return Bond Fund Federated Hermes Absolute Return Credit Fund Federated Hermes Global Equity Fund Federated Hermes Global Small Cap Fund Federated Hermes International Developed Equity Fund Federated Hermes SDG Engagement Equity Fund Federated Hermes SDG Engagement High Yield Credit Fund Federated Hermes Unconstrained Credit Fund Federated Hermes US ▇▇▇▇ Fund Federated Hermes International Bond Strategy Portfolio Federated Hermes International Dividend Strategy Portfolio Federated Hermes International Equity Fund Federated Hermes International Growth Fund Federated Hermes International Leaders Fund Federated Hermes International Small-Mid Company Fund Federated Hermes International Strategic Value Dividend Fund Federated Hermes Max-Cap Index Fund Federated Hermes MDT Large Cap Value Fund Federated Hermes Mid-Cap Index Fund Federated Hermes Muni and Stock Advantage Fund Federated Hermes Strategic Value Dividend Fund