Common use of SELECTED DEALER AND SELECTED AGENT AGREEMENTS Clause in Contracts

SELECTED DEALER AND SELECTED AGENT AGREEMENTS. NLD shall have the right to enter into selected dealer agreements with securities dealers of its choice (“selected dealers”) and selected agent agreements with depository institutions and other financial intermediaries of its choice (“selected agents”) for the sale of Shares and to fix therin the portion of the sales charge, if any, that may be allocated to the selected delares or selected agents; provided, that the Corporation shall, to the extent required by applicable law, approve the forms of agreements with selected dealers or selected agents, and the Corporation shall approve the compensation set forth therein. A form selling agreement for the Funds is attached hereto Selected dealers and selected agents shall resell Shares of the Funds at the public offering price(s) set forth in the Prospectus relating to the Shares. Within the United States, NLD shall offer and sell Shares of the Funds only to selected dealers that are members in good standing of FINRA or banks (as defined by Section 3(a)(6) of the Securities Exchange Act), or savings associations or savings banks that have deposits insured by the FDIC, licensed and authorized to carry on investment business in the U.S. (including the transactions contemplated by this agreement) subject to the supervision and regulation of relevant U.S. banking authorities and does not engage in any activity requiring registration as a broker or dealer under the Securities Exchange Act or regulations thereunder.

SELECTED DEALER AND SELECTED AGENT AGREEMENTS. NLD shall have the right to enter into selected dealer agreements with securities dealers of its choice (“"selected dealers”") and selected agent agreements with depository institutions and other financial intermediaries of its choice (“"selected agents”") for the sale of Shares and to fix therin the portion of the sales charge, if any, that may be allocated to the selected delares or selected agents; provided, that the Corporation shall, to the extent required by applicable law, approve the forms of agreements with selected dealers or selected agents, and the Corporation shall approve the compensation set forth therein. A form selling agreement for the Funds is attached hereto Selected dealers and selected agents shall resell Shares of the Funds at the public offering price(s) set forth in the Prospectus relating to the Shares. Within the United States, NLD shall offer and sell Shares of the Funds only to selected dealers that are members in good standing of FINRA or banks (as defined by Section 3(a)(6) of the Securities Exchange Act), or savings associations or savings banks that have deposits insured by the FDIC, licensed and authorized to carry on investment business in the U.S. (including the transactions contemplated by this agreement) subject to the supervision and regulation of relevant U.S. banking authorities and does not engage in any activity requiring registration as a broker or dealer under the Securities Exchange Act or regulations thereunder.

SELECTED DEALER AND SELECTED AGENT AGREEMENTS. NLD shall have the right to enter into selected dealer agreements with securities dealers of its choice (“"selected dealers”") and selected agent agreements with depository institutions and other financial intermediaries of its choice (“"selected agents”") for the sale of Shares and to fix therin the portion of the sales charge, if any, that may be allocated to the selected delares or selected agents; provided, that the Corporation shall, to the extent required by applicable law, approve the forms of agreements with selected dealers or selected agents, and the Corporation shall approve the compensation set forth therein. A form selling agreement for the Funds is attached hereto Selected dealers and selected agents shall resell Shares of the Funds at the public offering price(s) set forth in the Prospectus relating to the Shares. Within the United States, NLD shall offer and sell Shares of the Funds only to selected dealers that are members in good standing of FINRA or banks (as defined by Section 3(a)(6) of the Securities Exchange Act), or savings associations or savings banks that have deposits insured by the FDIC, licensed and authorized to carry on investment business in the U.S. (including the transactions contemplated by this agreement) subject to the supervision and regulation reg ulation of relevant U.S. banking authorities and does not engage in any activity requiring registration as a broker or dealer under the Securities Exchange Act or regulations thereunder.

SELECTED DEALER AND SELECTED AGENT AGREEMENTS. NLD AFD shall have the right to enter into selected dealer agreements with securities dealers of its choice (“selected dealers”) and selected agent agreements with depository institutions and other financial intermediaries of its choice (“selected agents”) for the sale of Shares and to fix therin the portion of the sales charge, if any, that may be allocated to the selected delares or selected agents; provided, that the Corporation shall, to the extent required by applicable law, approve the forms of agreements with selected dealers or selected agents, and the Corporation shall approve the compensation set forth therein. A form selling agreement for the Funds is attached hereto Selected dealers and selected agents shall resell Shares of the Funds at the public offering price(s) set forth in the Prospectus relating to the Shares. Within the United States, NLD AFD shall offer and sell Shares of the Funds only to selected dealers that are members in good standing of FINRA or banks (as defined by Section 3(a)(6) of the Securities Exchange Act), or savings associations or savings banks that have deposits insured by the FDIC, licensed and authorized to carry on investment business in the U.S. (including the transactions contemplated by this agreement) subject to the supervision and regulation of relevant U.S. banking authorities and does not engage in any activity requiring registration as a broker or dealer under the Securities Exchange Act or regulations thereunder.