Common use of Shareholder and Trustee Liability Disclaimer Clause in Contracts

Shareholder and Trustee Liability Disclaimer. The Distributor understands and agrees that the obligations of the Fund under this Plan are not binding upon any shareholder of the Fund or Trustee of the Trust personally, but only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Trust disclaiming shareholder and Trustee liability for acts or obligations of the Fund. ROCHESTER PORTFOLIO SERIES, on behalf of LIMITED TERM NEW YORK MUNICIPAL FUND By: /s/ XXXXXX X. XXXXXXXX ------------------------------------------ Xxxxxx X. Xxxxxxxx, Vice President XXXXXXXXXXX FUNDS DISTRIBUTOR, INC. By: /s/ XXXXXX X. XXXXXXX ------------------------------------------ Xxxxxx X. Xxxxxxx, Executive Vice President

Shareholder and Trustee Liability Disclaimer. The Distributor understands and agrees that the obligations of the Fund under this Plan are not binding upon any shareholder of the Fund or Trustee of the Trust Fund personally, but only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Trust Fund disclaiming shareholder and Trustee liability for acts or obligations of the Fund. ROCHESTER PORTFOLIO SERIES, on behalf of LIMITED TERM NEW YORK MUNICIPAL FUND MUNICIPALS By: /s/ XXXXXX X. XXXXXXXX ------------------------------------------ Xxxxxx X. Xxxxxxxx, Vice President XXXXXXXXXXX FUNDS DISTRIBUTOR, INC. By: By /s/ XXXXXX X. XXXXXXX ------------------------------------------ ------------------------------------------- Xxxxxx X. Xxxxxxx, Executive Vice President

Shareholder and Trustee Liability Disclaimer. The Distributor understands and agrees that the obligations of the Fund under this Plan are not binding upon any shareholder of the Fund or Trustee of the Trust Fund personally, but only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Trust Fund disclaiming shareholder and Trustee liability for acts or obligations of the Fund. ROCHESTER PORTFOLIO SERIES, on behalf of LIMITED TERM NEW YORK MUNICIPAL FUND By: Xxxxxxxxxxx Tax-Free Bond Fund /s/ XXXXXX X. XXXXXXXX ------------------------------------------ Xxxxxx X. XxxxxxxxXxxxxxx by:----------------------------------- Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. /s/ Xxxxxxxxx X. Xxxx by:---------------------------------- Xxxxxxxxx X. Xxxx Vice President XXXXXXXXXXX FUNDS DISTRIBUTOR, INC. By: /s/ XXXXXX X. XXXXXXX ------------------------------------------ Xxxxxx X. Xxxxxxx, Executive Vice Presidentand Secretary

Shareholder and Trustee Liability Disclaimer. The Distributor understands and agrees that the obligations of the Fund under this Plan are not binding upon any shareholder of the Fund or Trustee of the Trust Fund personally, but only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Trust Fund disclaiming shareholder and Trustee liability for acts or obligations of the Fund. ROCHESTER PORTFOLIO SERIES, on behalf of LIMITED TERM NEW YORK MUNICIPAL FUND ByXxxxxxxxxxx Capital Preservation Fund by: /s/ XXXXXX X. XXXXXXXX ------------------------------------------ Xxxxxx X. XxxxxxxxXxxxxxx --------------------------------- Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. by: /s/ Xxxxxxxxx X. Xxxx ------------------------------ Xxxxxxxxx X. Xxxx Vice President XXXXXXXXXXX FUNDS DISTRIBUTOR, INC. By: /s/ XXXXXX X. XXXXXXX ------------------------------------------ Xxxxxx X. Xxxxxxx, Executive Vice Presidentand Secretary

Shareholder and Trustee Liability Disclaimer. The Distributor understands and agrees that the obligations of the Fund under this Plan are not binding upon any shareholder of the Fund or Trustee of the Trust Fund personally, but only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Trust Fund disclaiming shareholder and Trustee liability for acts or obligations of the Fund. ROCHESTER PORTFOLIO SERIES, on behalf of LIMITED TERM NEW YORK MUNICIPAL FUND By: Xxxxxxxxxxx Target Fund /s/ XXXXXX X. XXXXXXXX ------------------------------------------ Xxxxxx X. XxxxxxxxXxxxxxx by: ---------------------------------------- Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. /s/ Xxxxxxxxx X. Xxxx by: ---------------------------------------- Xxxxxxxxx X. Xxxx Vice President XXXXXXXXXXX FUNDS DISTRIBUTOR, INC. By: /s/ XXXXXX X. XXXXXXX ------------------------------------------ Xxxxxx X. Xxxxxxx, Executive Vice Presidentand Secretary OFMI\32012B1-A-694

Shareholder and Trustee Liability Disclaimer. The Distributor understands and agrees that the obligations of the Fund under this Plan are not binding upon any shareholder of the Fund or Trustee of the Trust Fund personally, but only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Trust Fund disclaiming Trustee and shareholder and Trustee liability for acts or obligations of the Fund. ROCHESTER PORTFOLIO SERIES, on behalf of LIMITED TERM NEW YORK MUNICIPAL FUND Xxxxxxxxxxx Senior Floating Rate Fund /s/ Xxxxxx X. Xxxxxxx By: /s/ XXXXXX X. XXXXXXXX ------------------------------------------ ________________________________________ Xxxxxx X. Xxxxxxxx, Xxxxxxx Vice President XXXXXXXXXXX FUNDS DISTRIBUTORand Secretary OppenheimerFunds Distributor, INC. Inc. /s/ Xxxxxxxxx X. Xxxx By: /s/ XXXXXX ________________________________________ Xxxxxxxxx X. XXXXXXX ------------------------------------------ Xxxxxx X. Xxxxxxx, Executive Xxxx Vice PresidentPresident and Secretary