Common use of states Clause in Contracts

states. Each additional state registration requested will be subject to the following fees per fund: Initial registration ............... $295.00 Registration renewal ........... $150.00 Sales reports (if required) ... $ 25.00 All special reports and/or analyses requested by the Fund shall be subject to an additional charge, agreed upon in advance, based upon the following rates: GFS Senior Staff…..$150.00 per hour GFS Junior Staff…...$ 75.00 per hour MIS Staff …………$200.00 per hour

states. Each additional state registration requested will be subject to the following fees per fund: Initial registration ............... $295.00 Registration renewal ........... $150.00 Sales reports (if required) ... $ 25.00 All special reports and/or analyses requested by the Fund shall be subject to an additional charge, agreed upon in advance, based upon the following rates: GFS Senior Staff…..$150.00 Staff $150.00 per hour GFS Junior Staff…...Staff $ 75.00 per hour MIS Staff …………$200.00 per hour

states. Each additional state registration requested will be subject to the following fees per fund: Initial registration ............... $295.00 Registration renewal ........... $150.00 Sales reports (if required) ... $ $25.00 All special reports and/or analyses requested by the Fund Trust, shall be subject to an additional charge, agreed upon in advance, based upon the following rates: GFS Senior Staff…..$150.00 Staff $150.00 per hour GFS Junior Staff…...Staff $ 75.00 per hour MIS Staff …………$200.00 per hour

states. Each additional state registration requested will be subject to the following fees per fund: Initial registration ............... $295.00 ____.00 Registration renewal ........... $150.00 ____.00 Sales reports (if required) ... $ 25.00 ____.00 All special reports and/or analyses requested by the Fund shall be subject to an additional charge, agreed upon in advance, based upon the following rates: GFS Senior Staff…..$150.00 Staff $___.00 per hour GFS Junior Staff…...$ 75.00 per hour MIS Staff …………$200.00 ___.00 per hour

states. Each additional state registration requested will be subject to the following fees per fund: Initial registration ............... $295.00 Registration renewal ........... $150.00 Sales reports (if required) ... $ $25.00 All special reports and/or analyses requested by the Fund shall be subject to an additional charge, agreed upon in advance, based upon the following rates: GFS Senior Staff…..$150.00 Staff $150.00 per hour GFS Junior Staff…...$ Staff $75.00 per hour MIS Staff …………$200.00 per hour

states. Each additional state registration requested will be subject to the following fees per fund: Initial registration ............... $295.00 Registration renewal ........... $150.00 Sales reports (if required) ... $ 25.00 All special reports and/or analyses requested by the Fund shall be subject to an additional charge, agreed upon in advance, based upon the following rates: GFS Senior Staff…..$150.00 Staff $150.00 per hour GFS Junior Staff…...Staff $ 75.00 per hour MIS Staff …………$200.00 per hour

states. Each additional state registration requested will be subject to the following fees per fund: Initial registration ............... $295.00 Registration renewal ........... $150.00 Sales reports (if required) ... $ 25.00 All special reports and/or analyses requested by the Fund Company, shall be subject to an additional charge, agreed upon in advance, based upon the following rates: GFS Senior Staff…..$150.00 Staff $150.00 per hour GFS Junior Staff…...Staff $ 75.00 per hour MIS Staff …………$200.00 per hour

states. Each additional state registration requested will be subject to the following fees per fund: Initial registration ............... $295.00 Registration renewal ........... $150.00 Sales reports (if required) ... $ 25.00 All special reports and/or analyses requested by the Fund Company, shall be subject to an additional charge, agreed upon in advance, based upon the following rates: GFS Senior Staff…..$150.00 Staff $150.00 per hour GFS Junior Staff…...Staff $ 75.00 per hour MIS Staff …………$200.00 per hour

states. Each additional state registration requested will be subject to the following fees per fund: Initial registration ............... $295.00 Registration renewal ........... $150.00 Sales reports (if required) ... $ 25.00 All special reports and/or analyses requested by the Fund Trust, shall be subject to an additional charge, agreed upon in advance, based upon the following rates: GFS Senior Staff…..$150.00 per hour GFS Junior Staff…...$ 75.00 per hour MIS Staff …………$200.00 per hour

states. Each additional state registration requested will be subject to the following fees per fund: Initial registration ............... $295.00 Registration renewal ........... $150.00 Sales reports (if required) ... $ 25.00 All special reports and/or analyses requested by the Fund Trust, shall be subject to an additional charge, agreed upon in advance, based upon the following rates: GFS Senior Staff…..$150.00 Staff $150.00 per hour GFS Junior Staff…...Staff $ 75.00 per hour MIS Staff …………$200.00 per hour

states. Each additional state registration requested will be subject to the following fees per fund: Initial registration ............... $295.00 Registration renewal ........... ...........$150.00 Sales reports (if required) ... ...$ 25.00 All special reports and/or analyses requested by the Fund in writing and provided by GFS not in the ordinary course shall be subject to an additional charge, agreed upon in advance, based upon the following rates: GFS Senior Staff…..$150.00 per hour GFS Junior Staff….....$ 75.00 per hour MIS Staff …………$200.00 .$200.00 per hour

states. Each additional state registration requested will be subject to the following fees per fund: Initial registration ............... $295.00 Registration renewal ........... $150.00 Sales reports (if required) ... $ 25.00 All special reports and/or analyses requested by the Fund Company, shall be subject to an additional charge, agreed upon in advance, based upon the following rates: GFS Senior Staff…..$150.00 Staff $150.00 per hour GFS Junior Staff…...Staff $ 75.00 per hour MIS Staff …………$200.00 per hourhour *As amended December 12, 2006

states. Each additional state registration requested will be subject to the following fees per fund: Initial registration ............... $295.00 Registration renewal ........... $150.00 Sales reports (if required) ... $ 25.00 All special reports and/or analyses requested by the Fund shall be subject to an additional charge, agreed upon in advance, based upon the following rates: GFS Senior Staff…..$150.00 … $150.00 per hour GFS Junior Staff…...… $ 75.00 per hour MIS Staff …………$200.00 per hour

states. Each additional state registration requested will be subject to the following fees per fund: Initial registration ............... $295.00 Registration renewal ........... $150.00 Sales reports (if required) ... $ 25.00 All special reports and/or analyses requested by the Fund Fund, shall be subject to an additional charge, agreed upon in advance, based upon the following rates: GFS Senior Staff…..$150.00 … $150.00 per hour GFS Junior Staff…...… $ 75.00 per hour MIS Staff …………$200.00 per hour

states. Each additional state registration requested will be subject to the following fees per fund: Initial registration ............... $295.00 Registration renewal ........... $150.00 Sales reports (if required) ... $ 25.00 All special reports SPECIAL REPORTS and/or analyses ANALYSES requested by the Fund shall be subject to an additional charge, agreed upon in advance, based upon the following rates: GFS Senior Staff…..$150.00 per hour GFS Junior Staff…...$ 75.00 per hour MIS Staff …………$200.00 per hour

states. Each additional state registration requested will be subject to the following fees per fund: Initial registration ............... $295.00 Registration renewal ........... $150.00 Sales reports (if required) ... $ 25.00 All special reports and/or analyses requested by the Fund Fund, shall be subject to an additional charge, agreed upon in advance, based upon the following rates: GFS Senior Staff…..$150.00 per hour GFS Junior Staff…...$ 75.00 per hour MIS Staff …………$200.00 per hour