Common use of Proxies and Other Materials Clause in Contracts

Proxies and Other Materials. (a) Unless otherwise instructed by the Fund, Custodian shall promptly deliver to the Fund all notices of meetings, proxy materials (other than proxies) and other announcements, that it receives regarding securities and other assets held by it in the Custody Account. Whenever Custodian or any of its agents receives a proxy with respect to securities in the Custody Account, Custodian shall promptly request instructions from the Fund on how such securities are to be voted, and shall give such proxy, or cause it to be given, in accordance with such instructions. If the Fund timely informs Custodian that the Fund wishes to vote any such securities in person, Custodian shall promptly seek to have a legal proxy covering such securities issued to the Fund. Unless otherwise instructed by the Fund, neither Custodian nor any of its agents shall exercise any voting rights with respect to securities held hereunder.

Proxies and Other Materials. (a) Unless otherwise instructed by the Master Fund, Custodian shall promptly deliver to the Master Fund all notices of meetings, proxy materials (other than proxies) and other announcements, that it receives regarding securities and other assets held by it in the Custody Account. Whenever Custodian or any of its agents receives a proxy with respect to securities in the Custody Account, Custodian shall promptly request instructions from the Master Fund on how such securities are to be voted, and shall give such proxy, or cause it to be given, in accordance with such instructions. If the Master Fund timely informs Custodian that the Master Fund wishes to vote any such securities in person, Custodian shall promptly seek to have a legal proxy covering such securities issued to the Master Fund. Unless otherwise instructed by the Master Fund, neither Custodian nor any of its agents shall exercise any voting rights with respect to securities held hereunder.

Proxies and Other Materials. (a) Unless otherwise instructed by the Fund, Custodian shall promptly deliver to the Fund all notices of meetings, proxy materials (other than proxies) and other announcements, that which it receives regarding securities and other assets held by it in the Custody Account. Whenever Custodian or any of its agents receives a proxy with respect to securities in the Custody Account, Custodian shall promptly request instructions from the Fund on how such securities are to be voted, and shall give such proxy, or cause it to be given, in accordance with such instructions. If the Fund timely informs Custodian that the Fund wishes to vote any such securities in person, Custodian shall promptly seek to have a legal proxy covering such securities issued to the Fund. Unless otherwise instructed by the Fund, neither Custodian nor any of its agents shall exercise any voting rights with respect to securities held hereunder.