EXHIBIT 8(b)
SUB-CUSTODY AGREEMENT
This Custody Agreement is dated __________, 199_ among ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
TRUST COMPANY, a New York State chartered trust company (the "Bank"), the
__________, a Massachusetts business trust, on behalf of its Investment
Portfolios (the "Fund"), and Comerica Bank, a Michigan banking corporation (the
"Custodian").
WHEREAS, the Custodian has entered into a Custodian Agreement with the
Fund, an open-end investment company, to provide custody services; and
WHEREAS, the Custodian and the Fund wish to retain the Bank to provide
certain sub-custodian services to the Custodian and the Fund for the benefit of
the Fund and the Bank is willing to furnish such services;
NOW, THEREFORE, in consideration of the premises and mutual covenants
herein contained, it is agreed between the parties thereto as follows:
1. Appointment and Acceptance; Accounts. (a) The Fund and the
Custodian hereby appoint the Bank as a custodian of Property (as defined
below) owned or under the control of the Fund that is delivered to the Bank,
or any Subcustodian as appointed below, from time to time to be held in
custody for the benefit of the Fund.
(b) Prior to the delivery of any property by the Custodian to the Bank,
the Custodian shall deliver to the Bank each document and other item listed in
Appendix 1. In addition, the Custodian and/or the Fund shall deliver to the Bank
any additional documents or items as the Bank may deem necessary for the
performance of its duties under this Agreement.
(c) The Fund instructs the Bank to establish on the books and records of
the Bank the accounts listed in Appendix 2 (the "Accounts") in the name of the
Investment Portfolios of the Fund. Upon receipt of Authorized Instructions (as
defined below) and appropriate documentation, the Bank shall open additional
Accounts for the investment Portfolios of the Fund. Upon the Bank's confirmation
to the Custodian and the Fund of the opening of such additional Accounts, or of
the closing of Accounts, Appendix 2 shall be deemed automatically amended or
supplemented accordingly. The Bank shall record in the Accounts and shall have
general responsibility for the safekeeping of all securities ("Securities"),
cash, cash equivalents and other property (all such Securities, cash, cash
equivalents and other property being collectively the "Property") of the Fund
that are delivered to the Bank for custody.
(d) The procedures the Bank, the Custodian and the Fund will use in
performing activities in connection with this Agreement act are set forth in a
client services guide provided to the Custodian and the Fund by the Bank, as
such guide may be amended from time to time by the Bank by written notice to the
Custodian and the Fund (the "Client Services Guide").
2. Subcustodians. The Board of Trustees of the Fund authorizes the Bank to
hold the Property of the Fund in omnibus accounts which have been established by
the Bank with (i) one of its branches, a branch of a qualified U.S. bank or an
eligible foreign custodian as listed on Exhibit A (the "Subcustodians") which
exhibit may be amended by the Bank from time to time upon sixty (60) days prior
written notice from the Bank or (ii) an eligible foreign securities depository
as listed on Exhibit B. Unless notified in writing to the contrary by the Fund
during the sixty (60) days notice period, the Banks shall assume that the Fund
has obtained all necessary approvals of any new Subcustodian and the proposed
amendment to Exhibit A shall become effective as of the proposed effective date;
provided however, that in the event that the Fund notifies the Bank that any
necessary approval will not be obtained prior to the proposed effective date of
such amendment, the Fund shall, as soon as practicable but in any event within
120 days from the date of the Bank's initial notice of the proposed amendment,
obtain the requisite approvals or, in the alternative, issue Authorized
Instructions to the bank to deliver any Property effected by the proposed
amendment in accordance with such Authorized Instructions and absent any such
Authorized Instructions, the Bank shall assume that the Fund obtained such
requisite approvals with the 120-day period. For purposes of this Agreement (a)
"qualified U.S. bank" shall mean a qualified U.S. bank as defined in Rule 17f-5
under the Investment Company Act of 1940, as amended ("Rule 17f-5"); (b)
"eligible foreign custodian" shall mean (i) a banking institution or trust
company incorporated or organized under the laws of a country other than the
United States that is regulated as such by that country's government or an
agency thereof and that has shareholders' equity in excess of $200 million in
U.S. currency (or a foreign currency equivalent thereto) or (ii) a
majority-owned direct or indirect subsidiary of a qualified U.S. bank or bank
holding company that is incorporated or organized under the laws of a country
other than the United States and that has shareholders' equity in excess of $100
million in U.S. currency (or a foreign currently equivalent thereto); and (c)
"eligible foreign securities depository" shall mean a securities depository or
clearing agency incorporated organized under the laws of a country other than
the United States, which operates (i) the central system for handling of
securities or equivalent book-entries in that country or (ii) a transactional
system for the central handling of securities or equivalent book-entries;
provided, however that although the Bank is of the opinion that each of the
securities depositories used by it and its Subcustodians do operate a central
system for handling securities in their respective countries, the determination
that a securities depository operates a central system absent any official
proclamation by the Securities and Exchange Commission ("SEC") is a factual one
and the Bank shall not be liable for any future determination by the SEC that
any such securities depository does not in fact operate such a central system.
If the Bank appoints other Subcustodians to hold the Fund's Property, it
will so notify the Custodian and the Fund in accordance with this Section 2 and
will provide them with information reasonably necessary to determine any such
new Subcustodian's eligibility under Rule 17f-5, including a copy of the
proposed agreement with such Subcustodian.
If the Bank removes any subcustodian it shall so notify the Fund and the
Custodian in accordance with this Section 2 and shall move the Property
deposited with such Subcustodian to another Subcustodian or a new Subcustodian,
provided that the appointment of any new Subcustodian will be subject to the
requirements set forth in this Section 2. The Bank shall take steps as may be
required to remove any Subcustodian which has ceased to meet the requirements of
this Section 2.
The Bank shall hold Property through a Subcustodian, securities depository
or clearing agency only if (a) such Subcustodian any securities depository or
clearing agency in which such Subcustodian or the Bank holds Property, or any of
their creditors, may not assert any right, charge, security interest, lien,
encumbrance or other claim of any kind to such property except a claim of
payment for its safe custody or administration and (b) beneficial ownership of
such Property may be freely transferred without the payment of money or value
other than for safe custody or administration.
3. Records. With respect to Property held by a Subcustodian:
(a) The Bank may hold Property for all of its customers with a
Subcustodian in a single account identified as belonging to the Bank for the
benefit of its customers;
(b) The Bank shall identify on its books as belonging to the Fund any
Property held by a Sucustodian for the Bank's account;
(c) The Bank shall require that Property held by the Subcustodian of the
Bank's account be identified on the Subcustodian's books as separate from any
other property held by the Subcustodian other than property of the Bank's
customers held solely for the benefit of customers of the Bank; and
(d) In the event the subcustodian holds Property in a securities
depository or clearing agency, such Subcustodian shall be required by its
agreement with the Bank to identify on its books such Property as being held of
the account of the Bank as custodian for its customers or in such other manner
as is required by local law or market practice.
(e) Any Property in an account held by a Subcustodian of the Bank will be
subject only to the instructions of the Bank, or its agent; and any property
held in an eligible foreign securities depository of the account of a
Subcustodian will be subject only to the instructions of such subcustodian.
(f) The Bank hereby warrants to the Fund and the Custodian that each of
its branches, each branch of a qualified U.S. bank, each eligible foreign
custodian and each eligible foreign securities depository holding Property of
the Fund pursuant to this Agreement meets the standards established for
inclusion in its sub-custody network set forth in Section 2 of this Agreement.
(g) The Bank hereby warrants to the Fund and the Custodian that as of the
date of this Agreement it is maintaining the insurance coverage set forth n
Exhibit C hereto and hereby agrees to maintain comparable coverage in a
commercially reasonable manner during the term of this Agreement.
4. Access to Records. The Banks shall allow the Fund's accountants
reasonable access tot he bank's records relating to the Property held by the
Bank as such accountants may reasonably require in connection with their
examination of the Fund's affairs. The Bank shall also obtain from any
subcustodian (and shall require each Subcustodian to use reasonable efforts to
obtain from any securities depository or clearing agency in which it deposits
Property) an undertaking, to the extent consistent with local practice and the
laws of the jurisdiction or jurisdictions to which such Subcustodian, securities
depository or clearing agency is subject to permit independent public
accountants such reasonable access to the records of such subcustodian,
securities depository or clearing agency as may be reasonably required in
connection with the examination of the Fund's affairs or to take such other
action as the Bank in its judgment may deem sufficient to ensure such reasonable
access.
5. Reports. The Bank will supply to the Fund, in care of its investment
adviser, and the Custodian at least monthly a statement with respect to any
Property in an Account held by each Subcustodian, including an identification of
the entity having possession of such Property, and the Bank will send to the
Fund and the custodian an advice or notification of any transfers of Property to
or from the Account, indicating, as to Property acquired for an Investment
Portfolio of the Fund, the identity of the entity having physical possession of
such Property. The Bank shall also provide to the Fund, on an annual basis, a
report confirming that the arrangements hereunder remain in compliance with the
items of this Agreement.
6. Payment of Monies. The Bank shall make, or cause any subcustodian to
make, payments from monies being held in the Accounts only in accordance with
Authorized Instructions or as provided in Section 9, 13 and 17.
The Bank may act as the Fund's agent or act as a principal in foreign
exchange transactions at such rates as are agreed from time to time between the
Fund and the Bank.
7. Transfer of Securities. The Bank shall make, or cause any
Subcustodian to make, transfers, exchange or deliveries of Securities only in
accordance with Authorized Instructions or as provided in Section 9, 13 and
17.
8. Corporate Action. (a) The Bank shall notify the Fund of details
of all corporate actions affecting the Fund's Securities promptly upon its
receipt of such information.
(b) The Bank shall take, or cause any subcustodian to take, such corporate
action only in accordance with Authorized Instructions or as proved in this
Section 8 or Section 9.
(c) In the event the Fund does not provide timely Authorized Instructions
to the Bank, the Bank shall act in accordance with the default option provided
by local market practice and/or the issuer of the Securities.
(d) Fractional shares resulting from corporate action activity shall be
treated in accordance with local market practices.
9. General Authority. In the absence of Authorized Insructions to
the contrary, the Bank may, and may authorize any Subcustodian to:
(a) make payments to itself or others for expenses of handling Property or
other similar items relating to its duties under this Agreement, provided such
all such payments shall be accounted for to the Fund;
(b) receive and collect all income and principal with respect to
Securities and to credit cash receipts to the Accounts;
(c) exchange Securities when the exchange is purely ministerial
(including, without limitation, the exchange of interim receipts of temporary
securities of securities in definitive form and the exchange of warrants, or
other documents of entitlement to securities, of the securities themselves);
(d) surrender securities at maturity or when called for redempion
upon receiving payment therefor;
(e) execute in the Fund's name such ownership and other certificates
as may be required to obtain the payment of income from securities;
(f) pay or cause to be paid, from the Accounts, any and all taxes and
levies in the nature of taxes imposed on Property by any government and
authority in connection with custody of and transactions in such Property;
(g) endorse for collection, in the name of the Fund, checks, drafts
and other negotiable instruments;
(h) take non-discretionary action on mandatory corporate actions; and
(i) in general, attend to all nondiscretionary details in connection with
the custody, sale, purchase, transfer and other dealings with the Property.
10. Authorized Instructions; Authorized Persons. (a) Except as otherwise
provided in Sections 6 through 9, 13 and 17, all payments of monies, all
transfers exchanges or deliveries of Property and all responses to corporate
actions shall be made or taken only upon receipt by the Bank of Authorized
Instructions; provided that such authorized Instructions are timely received by
the Bank. "Authorized Instructions" of the Fund means instructions from an
authorized person received by telecopy, tested telex, electronic link or other
electronic means or by such other means as may be agreed in writing between the
Fund and the Bank.
(b) "Authorized Person" means each of the persons or entities identified
on Appendix 3 as amended from item to time by written notice from the Fund to
the Bank. The Fund represents and warrants to the Bank that each Authorized
Person listed in Appendix 3, as amended from time to time, is authorized to
issue Authorized Instructions on behalf of the Fund. Prior to the delivery of
the Property to the Bank, the Bank shall provide a list of designated system
user ID numbers and passwords that the Fund shall be responsible for assigning
to Authorized Persons. The Bank shall assume that an electronic transmission
received and identified by a system user ID number and password was sent by an
Authorized Person. The Bank agrees to provide additional designated system user
ID numbers and passwords as needed by the Fund. The Fund authorizes the Bank to
issue new system user ID numbers upon the request of a previously existing
Authorized Person. Upon the issuance of additional system user ID numbers by the
Bank to the Fund, Appendix 3 shall be deemed automatically amended accordingly.
The fund authorizes the Bank to receive, act and rely upon any Authorized
Instructions received by the Bank which have been issued, or purport to have
been issued, by an Authorized Person.
(c) Any Authorized Person may cancel/correct or otherwise amend any
Authorized Instruction received by the Bank, but the Fund agrees to indemnify
the Bank for any liability, loss or expense incurred by the Bank and its
Subcustodians as a result of their having relied upon or acted on any prior
Authorized Instruction. An amendment or cancellation of an Authorized
Instruction to deliver or receive any security or funds in connection with a
trade will not be processed once the trade has settled.
11. Registration of Securities. (a) In the absence of Authorized
Instructions to the contrary, Securities which must be held in registered form
shall be registered in the name of the Bank or the Bank's nominee or, in the
case of securities in the custody of an entity other than the Bank, in the name
of the Bank, its Subcustodian or any such entity's nominee. The Bank may,
without notice to the Fund, cause any Securities to be registered or
re-registered in the name of the Fund.
(b) Where the Bank has been instructed by the Fund to hold any Securities
in the name of any person or entity other than the Bank, its Subcustodian or any
such entity's nominee, the Bank shall not be responsible for any failure to
collect such dividends or other income or participate in any such corporate
action with respect to such Securities.
12. Deposit Accounts. All cash received by the bank for the Accounts shall
be held by the Bank as a short-term credit balance in favor of the Fund and, if
the Bank and the Fund have agreed in writing in advance that such credit
balances shall bear interest, the Fund shall earn interest at the rates and
times as agreed between the Bank and the Fund. The Fund acknowledges that any
such credit balances shall not be accompanied by the benefit of any governmental
insurance.
13. Short-term Credit Extensions. (a) Fro time to time, the Bank may
extent or arrange short-term credit for Investment Portfolios of the Fund which
is (i) necessary in connection with payment and clearance of securities and
foreign exchange transactions or (ii) pursuant to an agreed schedule, as and if
set forth in the Client Services Guide, of credits for dividends and interest
payments on Securities. All such extensions of credit shall be payable by such
Investment Portfolios on demand.
(b) The Bank shall be entitled to charge such Investment Portfolio of the
Fund interest for any such credit extension at rates to be agreed upon from time
to time or, if such credit is arranged by the Bank with a third party on behalf
of such Investment Portfolios such Investment Portfolio shall reimburse the Bank
for any interest charge. In addition to any other remedies available, the Bank
shall be entitled to a right of set-off against the Property to satisfy the
repayment of such credit extensions and the payment of, or reimbursement for,
accrued interest thereon.
14. Representations and Warranties. (a) The fund represents an warrants
that (i) the execution, delivery and performance of this Agreement (including,
without limitation, the ability to obtain the short-term extensions of credit in
accordance with Section 13) are within the Fund's power and authority and have
been duly authorized by all requisite action (corporate or otherwise) of the
Fund and of the beneficial owner of the Property, of other than the Fund, and
(ii) this Agreement (including, without each extension of short-term credit
extended to or arranged fro the benefit of the Fund in accordance with Section
13) shall at all items constitute a legal, valid and binding obligation of the
Fund enforceable against the Fund in accordance with its terms, except as may be
limited by bankruptcy, insolvency or other similar laws affecting the
enforcement of creditors' rights in general and subject to the effect of general
principles of equity (regardless of whether considered in a proceeding in equity
or at law).
(b) The Custodian represents and warrants that (i) the execution, delivery
and performance of this Agreement are within the Custodian's power and authority
and have been duly authorized by all requisite action (corporate or otherwise)
of the Custodian and (ii) this Agreement constitutes the legal, valid and
binding obligation of the Custodian enforceable against the custodian in
accordance with its terms, except as may be limited by bankruptcy, insolvency or
other similar laws affecting the enforcement of creditors' rights in general and
subject to the effect of general principles of equity (regardless of whether
considered in a proceeding in equity or at law).
(c) The Bank represents and warrants that (i) the execution, delivery and
performance of this Agreement are within he Bank's power and authority and have
been duly authorized by all requisite action (corporate or otherwise) of the
Bank and (ii) this Agreement constitutes the legal, valid and binding obligation
of the Bank enforceable against the Bank in accordance with its terms, except as
may be limited by bankruptcy, insolvency or other similar laws affecting the
enforcement of creditors' rights in general and subject to the effect of general
principles of equity (regardless of whether considering a proceeding in equity
or at law).
15. Standard of Care Indemnification. (a) The Bank shall be responsible
for the performance of only such duties as are set forth in his Agreement or
contained in Authorized Instructions given to the bank which are not contrary
tot he provisions of any relevant law or regulation. The bank shall be liable to
the Fund for any loss, liability or expense incurred by the Fund in connection
with this Agreement to the extent that any such loss, liability or expense
results from the negligence or willful misconduct of the Bank or any
Subcustodian; provided, however that neither the Bank nor any subcustodian shall
be liable to the Fund for any indirect, special or consequential damages.
(b) The Fund acknowledges that the Property may be physically held outside
the United States. The Bank shall not be liable for any loss, liability or
expense resulting from vents beyond the reasonable control of the Bank,
indulging, but not limited to, force majeure.
(c) In addition, the Fund and the Custodian, jointly and severally, shall
indemnify the Bank and Subcustodians and any nominee for, and hold each of them
harmless from, any liability, loss or expense (including attorneys' fees and
disbursements) incurred in connection with this Agreement, including without
limitation, (i) as a result of the Bank having acted or relied upon any
Authorized Instructions or (ii) arising out of any such person acting as a
nominee or holder of record of Securities.
16. Fees: Liens. The Fund shall pay to the Bank from time to time such
compensation for its services pursuant to this Agreement as may be mutually
agreed upon as well as the Bank's out-of-pocket and incidental expenses. the
Fund shall hold the Bank harmless from any liability or loss resulting from any
taxes or other governmental charges, and any expenses related thereto, which may
be imposed or assessed with respect tot he Accounts or any Property held
therein. The bank is, and any Subcustodians are, authorized to charge the
Accounts for such items. The Fund shall grant the Bank a lien on the Property of
an Investment Portfolio to the extent necessary: (1) to cover any temporary
short-term credit extensions with respect to that Investment Portfolio o under
Section 13 of this Agreement, and (2) to cover any temporary borrowing in
connection with fees payable hereunder or safe custody or administration with
respect to that Investment Portfolio.
17. Termination. This Agreement may be terminated by the Fund, the
Custodian or the Bank by 60 days written notice to the others, sent by
registered mail. If notice of termination is given, the Fund shall, within 30
days following the giving of such notice, deliver to the Bank a statement in
writing specifying the successor custodian or other person to whom the Bank
shall transfer the Property. In either event, the Bank subject to the
satisfaction of any lien it may have, shall transfer the Property to the person
so specified. If the Bank does not receive such statement the Bank, at its
election, may transfer the Property to a bank or trust company established under
the laws of the United States or any state thereof to be held and disposed of
pursuant to the provisions of this Agreement or may continue to hold the
Property until such a statement is delivered to the Bank. In such event the Bank
shall be entitled to fair compensation for its services during such period as
the Bank remains in possession of any Property and the provisions of this
Agreement relating to the duties and obligations of the Bank shall remain in
full force and effect; provided, however that the Bank shall have no obligation
to settle any transactions in Securities for the Accounts. the provisions of
Section 15 and 16 shall survive termination of this Agreement.
18. Investment Advice. The Bank shall not supervise, recommend or
advise the Fund relative to the investment, purchase, sale, retention or
other disposition of any Property held under this Agreement.
19. Confidentiality. (a) The bank, its agents and employees shall maintain
the confidentiality of information concerning the Property held in the Accounts
of the Fund's Investment Portfolios, including in dealings with affiliates of
the Bank. In the event the Bank or any Subcustodian is requested or required to
disclose any confidential information concerning the Property, the Bank shall,
the extent practicable and legally permissible, promptly notify the Fund of such
request or requirement so that the Fund may seek a protective order or waive any
objection to the Bank's or such Subcustodian's compliance with this Section 19.
In the absence of such a waiver, if the bank or such subcustodian is compelled,
in the opinion of its counsel, to disclose any confidential information, the
Bank or such Subcustodian may disclose such information to such person as, in
the opinion of counsel, is so required.
(b) The Fund and the Custodian shall maintain the confidentiality of, and
not provide to any third parties absent the written permission of the Bank, any
computer software, hardware or communications facilities made available to the
Fund or the Custodian or their respective agents by the Bank.
20. Notices. Any notice or other communication to the Bank, unless
otherwise provided by his Agreement or the Client Services Guide, shall be sent
by certified or registered mail to ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Trust Company, ▇▇▇ ▇▇▇▇▇▇▇▇▇
▇▇▇▇▇, ▇▇▇▇▇▇▇▇,, ▇▇▇ ▇▇▇▇, ▇▇▇▇▇, Attention: President, and any notice tot he
Fund or the Custodian is to be mailed postage paid, addressed tot the Fund or
the Custodian, as the case may be, at the address appearing below, or as it may
hereafter be changed on the Bank's records in accordance with written notice
from the Fund or the Custodian, as the case may be.
21. Assignment. This contract may not be assigned by any party
without the prior written approval of the others.
22. Miscellaneous. (a) This Agreement shall bind the successors and
assigns of the Fund, the Custodian and the Bank.
(b) This Agreement shall be governed by and construed in accordance with
the internal laws of the State of New York without regard to its conflicts of
law rules and to the extent not preempted by federal law. The Fund, the
Custodian and the Bank hereby irrevocable submit to the exclusive jurisdiction
of any New York State court or any United States District Court located in the
State of New York in action or proceeding arising out of this Agreement and
hereby irrevocable waive any objection to the venue of any such action or
proceeding brought in any such court or any defense of an inconvenient forum.
(c) It is understood and expressly stipulated that neither the holders of
shares of the Fund nor any trustee, officer, agent or employee of the Fund shall
be personally liable hereunder, nor shall any resort be had to other private
property for the satisfaction of any claim or obligation hereunder, but the fund
only shall be liable.
In witness whereof, the parties hereto have set their hands as of the date
first above written.
[Insert Name of Fund]
By
Name:
Title:
Address for record:
[Insert Name of Custodian]
By
Name:
Title:
Address for record:
Accepted:
▇▇▇▇▇▇ ▇▇▇▇▇▇▇ TRUST COMPANY
By
Authorized Signature
APPENDIX 1
Account Documentation
REQUIRED DOCUMENTATION FOR CORE CUSTODIAL SERVICES (INCLUDING TAX RECLAIMS):
CUSTODY AGREEMENT
CLIENT SERVICES GUIDE (INCLUDING APPENDICES)
FEE SCHEDULE/BILLING GUIDE
GENERAL ACCOUNT INFORMATION
US TAX AUTHORITY DOCUMENTATION
LOCAL TAX OFFICE LETTER/APPLICATION LETTER
(NON-UNITED STATES-RESIDENT BENEFICIAL OWNERS, ONLY)
FORM 6166/REQUEST FOR FOREIGN CERTIFICATION FORM
(UNITED STATES-RESIDENT BENEFICIAL OWNERS, ONLY)
CERTIFICATION OF BENEFICIAL OWNERSHIP, LEGAL NAME, LEGAL RESIDENCY, TAX
STATUS AND TAX IDS
TAX RECLAIM POWER OF ATTORNEY
PREVIOUS TAX RECLAIM FILING INFORMATION
(PERVIOUS FILERS, ONLY)
UK TAX AUTHORITY DOCUMENTATION
SOPHISTICATED INVESTOR (ACCREDITED INVESTOR) LETTER
(UNITED STATES-RESIDENT BENEFICIAL OWNERS, ONLY)
DOCUMENTATION THAT IS REQUIRED FROM AN ENTITY CLASSIFIED AS TAX-EXEMPT BY ITS
LOCAL TAX AUTHORITY:
UK FORM 4338
(EXEMPT NON-UNITED KINGDOM-RESIDENT BENEFICIAL OWNERS, ONLY)
FOREIGN EXEMPTION LETTERS/APPLICATION FOR AUSTRALIAN EXEMPTION LETTER
(EXEMPT BENEFICIAL OWNERS, ONLY)
DOCUMENTATION THAT IS REQUIRED ONLY IF YOU WILL USE THE PROXY VOTING SERVICE:
VOTING POWER OF ATTORNEY
DOCUMENTATION THAT IS REQUIRED ONLY IF YOU WILL DEAL IN CERTAIN SECURITIES:
JGB INDEMNIFICATION LETTER
KOREAN SECURITIES POWER OF ATTORNEY
NEW ZEALAND "APPROVED ISSUER LEVY" LETTER
SPANISH POWER OF ATTORNEY WITH APOSTILE
APPENDIX 2
Client Accounts
Account Name Account Number Account Mnemonic
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
APPENDIX 3
Part I - Authorized Signatures
The Bank is directed to accept and act upon Authorized Instructions received
from any of the following persons or entities:
Telephone/ Authorized
Name Organization Title Fax Signature
Authorized by:
Part II - System User ID numbers
The Bank is directed to accept and act upon Authorized Instructions transmitted
electronically and identified with the following mnemonics and system user ID
numbers for the following activities:
Workstation Sessions
Work Station Account
User ID Mnemonic Number TE TCC SL FE CM MA TD
Workstation Session Codes
TE Trade Entry
TCC Trade Cancel/correct
SL Securities Lending
FE Foreign Exchange
CM Cash Movement
MA Mass Authorization
TD Time Deposit
EXHIBIT A
Subcustodians
