Common use of Services of Administrator Clause in Contracts

Services of Administrator. Subject to the supervision of the Trustees, the Administrator shall effect the matters set forth further in Sections 2.3, 2.4 and 2.5 of the Trust Agreement, to the extent such responsibilities can lawfully be delegated to the Administrator; provided, however, that the Administrator shall not (i) render investment advisory services to the Trust as defined in the Investment Company Act or the Investment Advisers Act of 1940; (ii) have the power of the Trustees to sell the Contract or the Treasury Securities except as provided in Sections 2.5 of the Trust Agreement; or (iii) have the power to select the independent public accountants for the Trust. Additionally, the Administrator shall be responsible for rendering the following services:

Services of Administrator. Subject to the supervision of the TrusteesTrust, the Administrator shall effect on behalf of the matters Trust take the actions set forth further in Sections 2.32.6, 2.4 2.7 and 2.5 2.8 of the Trust Agreement, to the extent such responsibilities can lawfully be delegated to the Administrator; provided, however, that the Administrator shall not (i) render investment advisory services to the Trust as defined in the Investment Company Act or the Investment Advisers Act of 1940; (ii) have the power of the Trustees to sell the Contract or the Treasury Securities except as provided in Sections 2.5 Section 2.8 of the Trust Agreement; or (iii) have the power to select the independent public accountants for the Trust. Additionally, the Administrator shall be responsible for rendering the following services:

Services of Administrator. Subject to the supervision of the Trustees, the Administrator shall effect on behalf of the matters Trust take the actions set forth further in Sections 2.3, 2.4 2.06 and 2.5 2.07 of the Trust Agreement, to the extent such responsibilities can lawfully be delegated to the Administrator; provided, however, that the Administrator shall not (i) render investment advisory services to the Trust as defined in the Investment Company Act or the Investment Advisers Act of 1940, as amended; (ii) have the power of the Trustees to sell the Contract or the Treasury Securities except as provided in Sections 2.5 of the Trust AgreementTrUEPrS; or (iii) have the power to select the independent public accountants for the Trust. Additionally, the Administrator shall be responsible for rendering the following servicesservices to the Trust:

Services of Administrator. Subject to the supervision of the TrusteesTrust, the Administrator shall effect on behalf of the matters Trust take the actions set forth further in Sections 2.32.6, 2.4 2.7 and 2.5 2.8 of the Trust Agreement, to the extent such responsibilities can lawfully be delegated to the Administrator; provided, however, that the Administrator shall not (i) render investment advisory services to the Trust as defined in the Investment Company Act or the Investment Advisers Act of 1940, as amended; (ii) have the power of the Trustees to sell the Contract or the U.S. Treasury Securities except as provided in Sections 2.5 Section 2.8 of the Trust Agreement; or (iii) have the power to select the independent public accountants for the Trust. Additionally, the Administrator shall be responsible for rendering the following servicesservices to the Trust:

Services of Administrator. Subject to the supervision of the Trustees, the Administrator shall effect the matters set forth further in Sections 2.3, 2.4 and 2.5 of the Trust Agreement, to the extent such responsibilities can lawfully be delegated to the Administrator; provided, however, that the Administrator shall not (i) render investment advisory services to the Trust as defined in the Investment Company Act or the Investment Advisers Act of 1940; (ii) have the power of the Trustees to sell the Contract or the Treasury Securities except as provided in Sections 2.5 of the Trust Agreement; or (iii) have the power to select the independent public accountants for the Trust. Additionally, the Administrator shall be responsible for rendering the following services:

Services of Administrator. Subject to the supervision of the Trustees, the Administrator shall effect on behalf of the matters Trust take the actions set forth further in Sections 2.3, 2.4 and 2.5 of the Trust Agreement, to the extent such responsibilities can lawfully be delegated to the Administrator, and to effectuate the terms of the Contract; provided, however, that the Administrator shall not (i) render investment advisory services to the Trust as defined in the Investment Company Act or the Investment Advisers Act of 1940; (ii) have the power of the Trustees to sell the Contract or the Treasury Securities except as provided in Sections 2.5 of the Trust Agreement; or (iii) have the power to select the independent public accountants or counsel for the Trust. Additionally, the Administrator shall be responsible for rendering the following services:

Services of Administrator. Subject to the supervision of the Trustees, the Administrator shall effect the matters set forth further in Sections 2.2, 2.3, 2.4 2.4, 2.5, 3.2, 3.3, 8.1, 8.2 and 2.5 8.3 of the Trust Agreement, to the extent such responsibilities can lawfully be delegated to the Administrator; provided, however, that the Administrator shall not (i) render investment advisory services to the Trust as defined in the Investment Company Act or the Investment Advisers Act of 1940, as amended, and the rules and regulations promulgated thereunder; (ii) have the power to sell any of the Trustees to sell Trust’s assets, including the Contract Contracts or the Treasury Securities Securities, or instruct any other agent of the Trust to do so, except as provided in Sections Section 2.5 of the Trust Agreement; or (iii) have the power to select the independent public accountants for the Trust. Additionally, the The Administrator shall be responsible for rendering the following services:

Services of Administrator. Subject to the supervision of the Trustees, the Administrator shall effect the matters set forth further in Sections 2.32.2, 2.3 and 2.4 and 2.5 of the Trust Agreement, to the extent such responsibilities can lawfully be delegated to the Administrator; provided, however, that the Administrator shall not (i) render investment advisory services to the Trust as defined in the Investment Company Act or the Investment Advisers Act of 1940, as amended, and the rules and regulations promulgated thereunder; (ii) have the power of the Trustees to sell the Contract Contracts or the Treasury Securities except as provided in Sections 2.5 of the Trust Agreement; or (iii) have the power to select the independent public accountants for the Trust. Additionally, the Administrator shall be responsible for rendering the following services:

Services of Administrator. Subject to the supervision of the Trustees, the Administrator shall effect the matters set forth further in Sections 2.32.2, 2.3 and 2.4 and 2.5 of the Trust Agreement, to the extent such responsibilities can lawfully be delegated to the Administrator; provided, however, that the Administrator shall not (i) render investment advisory services to the Trust as defined in the Investment Company Act or the Investment Advisers Act of 1940; (ii) have the power of the Trustees to sell the Contract or the Treasury Securities except as provided in Sections 2.5 of the Trust Agreement; or (iii) have the power to select the independent public accountants for the Trust. Additionally, the Administrator shall be responsible for rendering the following services:

Services of Administrator. Subject to the supervision of the Trustees, the Administrator shall effect the matters set forth further in Sections 2.3, 2.4 2.4, 2.5 and 2.5 2.6 of the Trust Agreement, to the extent such responsibilities can lawfully be delegated to the Administrator; provided, however, that the Administrator shall not (i) render investment advisory services to the Trust as defined in the Investment Company Act or the Investment Advisers Act of 1940; (ii) have the power of the Trustees to sell the Contract Contracts or the Treasury Securities except as provided in Sections 2.5 and 2.6 of the Trust Agreement; or (iii) have the power to select the independent public accountants for the Trust. Additionally, the Administrator shall be responsible for rendering the following services:

Services of Administrator. Subject to the supervision of the Trustees, the Administrator shall effect the matters set forth further in Sections 2.2, 2.3, 2.4 2.4, 3.2, 3.3, 3.5, 8.1, 8.2 and 2.5 8.3 of the Trust Agreement, to the extent such responsibilities can lawfully be delegated to the Administrator; provided, however, that the Administrator shall not (i) render investment advisory services to the Trust as defined in the Investment Company Act or the Investment Advisers Act of 1940, as amended, and the rules and regulations promulgated thereunder; (ii) have the power of the Trustees to sell the Contract or the Treasury Securities except as provided in Sections Section 2.5 of the Trust Agreement; or (iii) have the power to select the independent public accountants for the Trust. Additionally, the Administrator shall be responsible for rendering the following services:

Services of Administrator. Subject to the supervision of the TrusteesTrust, the Administrator shall effect the matters set forth further in Sections 2.32.6, 2.4 2.7 and 2.5 2.8 of the Trust Agreement, to the extent such responsibilities can lawfully be delegated to the Administrator; provided, however, that the Administrator shall not (i) render investment advisory services to the Trust as defined in the Investment Company Act or the Investment Advisers Act of 1940, as amended; (ii) have the power of the Trustees to sell the Contract or the U.S. Treasury Securities except as provided in Sections 2.5 Section 2.8 of the Trust Agreement; or (iii) have the power to select the independent public accountants for the Trust. Additionally, the Administrator shall be responsible for rendering the following services:

Services of Administrator. Subject to the supervision of the TrusteesTrust, the Administrator shall effect on behalf of the matters Trust take the actions set forth further in Sections 2.32.6, 2.4 2.7 and 2.5 2.8 of the Trust Agreement, to the extent such responsibilities can lawfully be delegated to the Administrator; provided, however, that the Administrator shall not (i) render investment advisory services to the Trust as defined in the Investment Company Act or the Investment Advisers Act of 1940; (ii) have the power of the Trustees to sell the Contract or the Treasury Securities except as provided in Sections 2.5 [Section 2.8 of the Trust Agreement]; or (iii) have the power to select the independent public accountants for the Trust. Additionally, the Administrator shall be responsible for rendering the following services:

Services of Administrator. Subject to the supervision of the Trustees, the Administrator shall effect the matters set forth further in Sections 2.3, 2.4 and 2.5 of the Trust Agreement, to the extent such responsibilities can lawfully be delegated to the Administrator; provided, however, that the Administrator shall not (i) render investment advisory services to the Trust as defined in the Investment Company Act or the Investment Advisers Act of 1940; (ii) have the power of the Trustees to sell the Contract Contract[S] or the Treasury Securities except as provided in Sections 2.5 of the Trust Agreement; or (iii) have the power to select the independent public accountants for the Trust. Additionally, the Administrator shall be responsible for rendering the following services:

Services of Administrator. Subject to the supervision supervi- sion of the TrusteesTrust, the Administrator shall effect on behalf of the matters Trust take the actions set forth further in Sections 2.32.6, 2.4 2.7 and 2.5 2.8 of the Trust Agreement, to the extent such responsibilities can lawfully be delegated to the Administrator; provided, however, that the Administrator shall not (i) render investment advisory services to the Trust as defined in the Investment Company Act or the Investment Advisers Act of 1940; (ii) have the power of the Trustees to sell the Contract or the Treasury Securities except as provided in Sections 2.5 Section 2.8 of the Trust Agreement; or (iii) have the power to select the independent public accountants for the Trust. Additionally, the Administrator shall be responsible for rendering the following services: