EXHIBIT (e)(11)
SELLING/SERVICES AGREEMENT FOR
ABN AMRO FUNDS
TO: ABN AMRO DISTRIBUTION SERVICES (USA), INC.
000 Xxxxx Xxxx
Xxxx xx Xxxxxxx, XX 00000
FROM: ___________________________
Name of Intermediary
___________________________
Address of Principal Office
___________________________
City, State, Zip Code
Ladies and Gentlemen:
For the mutual promises contained herein and other good and valuable
consideration, we (the "Intermediary") enter into this Agreement with you for
the provision of certain services outlined below to its Customers ("Customers")
who from time to time may beneficially own shares (the "Shares") of ABN AMRO
Funds (the "Fund") of which you are the Distributor (the "Distributor") and
whose Shares are offered at the net asset value next determined after a purchase
order is effective (the "Current Offering Price"). Upon acceptance of this
Agreement by Distributor, Intermediary understands that it may offer and sell
Shares of the Fund and/or provide administrative services to the Fund (including
Shares of any and all series or portfolios thereof (individually, a "Portfolio"
and collectively, the "Portfolios") and any classes thereof) subject, however,
to all of the terms and conditions hereof and to Distributor's right, without
notice, to suspend or terminate the sale of Shares. The terms and conditions of
this Services Agreement are as follows.
1. Intermediary understands that it will be compensated by Distributor as set
forth in the applicable current Prospectus for each Portfolio for services that
Intermediary provides pursuant to this Agreement and as stated in Schedule A to
this Agreement. The term "Prospectus" herein refers to the prospectus on file
with the Securities and Exchange Commission (the "SEC") which is part of the
registration statement of the Fund under the Securities Act of l933, as amended.
Intermediary acknowledges that any compensation paid to Intermediary is subject
to the terms of one of the Amended and Restated Distribution and Services Plans
under Rule 12b-1 adopted by the Portfolios (the "Plan"), Rule 12b-1 promulgated
pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"), and
all rules and regulations of the National Association of Securities Dealers,
Inc. (the "NASD"). Further more, regarding the compensation for the promotion
and sale of Fund shares, both parties expressly provide that Intermediary will
not be compensated in contravention of Rule 12b-1(h).
2. Intermediary will provide one or more of the following services to
Customers:
(a) activities or expenses primarily intended to result in the sale of
Shares, including, but not limited to: (i) distribution of the
Shares; (ii) aiding in the processing of purchase or redemption
requests for the Shares or the processing of dividend payments with
respect to the Shares; (iii) providing information periodically to
Customers showing their positions in the Fund; (iv) forwarding
communications from the Fund to Customers; (v) rendering ongoing
advice concerning the suitability of particular investment
opportunities offered by the Fund in light of the Customer's needs;
(vi) responding to inquiries from Customers relating to such
services; and (vii) training personnel in the provision of such
services; and
(b) administrative services to the Shares, which may include (and are in
addition to any such general services provided to a Portfolio as a
whole): (i) transfer agent and sub-transfer agent services for
Customers; (ii) aggregating and processing purchase and redemption
requests for Shares from Customers and placing net purchase and
redemption orders with the Distributor; (iii) providing Customers
who are not record owners with statements showing their positions in
the Fund; (iv) processing dividend payments for Shares; (v)
providing sub-accounting services for Customers; (vi) forwarding
shareholder communications, such as proxies, shareholder reports,
dividend and tax notices, and updating Prospectuses to Customers who
are not record owners; and (vii) receiving, tabulating and
transmitting proxies executed by Customers who are not record
owners.
Intermediary will provide such office space and equipment, telephone
facilities, and personnel (which may be any part of the space, equipment,
and facilities currently used in its business, or any personnel employed
by Intermediary) as may be reasonably necessary or beneficial in order to
provide such services to Customers. The Customers in question
are for all purposes Intermediary's Customers and not Distributor's
Customers. The Fund shall execute Intermediary's transactions for each of
its Customers only upon Intermediary's authorization; it being understood
in all cases that (i) Intermediary is acting as the agent for the
Customer; (ii) as between it and the Customer, the Customer will have
beneficial ownership of the securities; (iii) each transaction is
initiated solely upon the order of the Customer; (iv) each transaction
shall be executed by the Fund only upon receipt of instructions from
Intermediary acting as agent for Customer, and (v) each transaction is for
the account of the Customer and not for Intermediary's account.
Intermediary represents and warrants that it will have the full right,
power and authority to effect transactions (including without limitation,
placing any purchase and redemptions) in Shares on behalf of all Customer
accounts provided by Intermediary to any transfer agent of the Fund as
such term is defined in the Prospectus of the Fund (the "Transfer Agent").
Intermediary shall be responsible for opening and approving and monitoring
Customer accounts, all in accordance with applicable law, including the
rules of the SEC and NASD.
Orders for Shares received from Intermediary will be accepted by Fund only
at the price and other terms, applicable to each order as described in the
then current prospectus of the Fund or the Portfolio.
Intermediary will act solely as an agent for, upon the order of, and for
the account of, its Customers. In no transaction shall Intermediary have
any authority to act as agent for the Fund or for Distributor.
Intermediary acknowledges and understands that a portfolio of the Fund may
offer more than one class of Shares as described in the applicable
Prospectus. Intermediary shall be responsible for determining the
appropriate Share class for its Customer.
3. For the services rendered and expenses borne in connection with the
provision of the foregoing services Distributor agrees to pay Intermediary
an annual feeas set forth in Schedule A hereto. Intermediary acknowledges
that any compensation paid to it is subject to the terms of the Plan.
Intermediary acknowledges that any compensation paid to Intermediary will
not be from Distributor's own assets, but will only derive from amounts
paid to Distributor by the Fund. Intermediary further acknowledges and
agrees that Distributor shall not be responsible for the payment of any
such fee unless and until Distributor has received reimbursement for such
payment from the Fund, and Intermediary agrees to waive the payment of
such fee until Distributor has received payment from the Fund.
4. Intermediary understands that the Shares will be offered and sold at the
then Current Offering Price per Share in effect at the time the order for
such Shares is confirmed and accepted by the Transfer Agent. All orders
for redemption of any Shares shall be executed at the net asset value per
Share. The minimum dollar purchase of Shares shall be the applicable
minimum amount described in the then current applicable Prospectus and no
order for less than such amount will be accepted hereunder. All purchase
requests and applications submitted by Intermediary are subject to
acceptance or rejection in the Fund's sole discretion, and, if accepted,
each purchase will be deemed to have been consummated at the Fund's
office. The procedures for handling orders shall be subject to the
instructions which Distributor shall forward to Intermediary from time to
time. Intermediary agrees that it will follow all requirements, rules and
regulations in connection with its handling of orders for transactions in
the Shares, including, without limitation, Rule 22c-1(a) under the 1940
Act, as required by NASD Rules 2110 and 2120. Intermediary agrees that it
will not combine customer orders to reach breakpoints in commissions for
any purposes whatsoever unless authorized by the then current Prospectus
in respect of Shares of a particular Class. Intermediary also agrees that
it will place orders immediately upon their receipt and will not withhold
any order so as to profit therefrom. Intermediary further agrees that it
will comply with the terms of the then current Prospectus of the Classes
with respect to the purchase and redemption of Shares, including any
market timing and late trading policies applicable to the Classes. The
Fund reserves the right, at its discretion and without notice, to suspend
the sale of Shares or withdraw entirely the sale of Shares of any or all
Portfolios of the Fund.
5. Neither Intermediary nor any of its officers, employees or agents are
authorized to make any representations concerning the Fund or the Shares
except those contained in the Fund's then current Prospectus or statement
of additional information, copies of which will be supplied by
Distributor, or in such supplemental sales literature or advertising as
may be authorized by Distributor in writing.
6. Intermediary will maintain all records required by law to be kept by it
relating to transactions in Shares and, upon request by the Fund, promptly
make available such records and other records to the Fund or its designee
as the Fund or Distributor may reasonably request.
7. Exchanges (i.e., the investment of the proceeds from the liquidation of
Shares of one Portfolio in the Shares of another Portfolio or shares of
another registered open-end investment fund specified in the Prospectus)
shall, where available, be made in accordance with the terms of each
Portfolio's Prospectus.
8. The procedures relating to purchase, redemption or exchange orders and the
handling thereof will be subject to the terms of the Prospectus of the
Portfolio involved and instructions received by Intermediary from
Distributor or the Transfer Agent from time to time. Intermediary
understands and agrees that, if any Shares of the Portfolios sold under
2
this Agreement are redeemed or repurchased by the Portfolios or by
Distributor as disclosed agent for the Portfolios or are tendered for
redemption within seven business days after the date of confirmation of
the initial purchase of such Shares, Intermediary shall forfeit and repay
to Distributor any portion of a sales charge reallowed by Distributor to
Intermediary with respect to such Shares. Intermediary will not present
any conditional purchase orders, and Intermediary understands that no
conditional orders will be accepted by the Fund or its agents.
Intermediary agrees that purchase orders placed by it will be made only
for the purpose of covering purchase orders already received from
Customers. Further, Intermediary shall not withhold the placement of such
orders so as to profit ourselves; provided, however, that the foregoing
shall not prevent the purchase of Shares by Intermediary for its own bona
fide investment.
9. Payment for purchases of Shares made by wire order from Intermediary shall
be made directly to the bank as noted in the Prospectus, as agent for the
Transfer Agent, in an amount equal to the Current Offering Price per Share
being purchased without deduction for any compensation to be paid to
Intermediary. If such payment is not received at the customary or required
time for settlement of the transaction, Intermediary understands that
Distributor reserves the right, without notice, forthwith, to cancel the
sale, in which case Intermediary may be held responsible for any loss,
including loss of profit, suffered by the Fund or Distributor resulting
from Intermediary's failure to make the aforesaid payment.
10. On the settlement date of each transaction, Intermediary on behalf of its
customers will remit the full purchase price, and its customer will be
credited with an investment in the Shares of the Fund equal to such
purchase price.
11. Intermediary acknowledges that Distributor is required under the Plan to
provide to the Board of Trustees of the Fund, and the Board will review,
at least quarterly, a written report of the amounts so expended and the
purposes for which such expenditures were made. Intermediary agrees to
furnish Distributor and the Fund with such information as may reasonably
be requested (including, without limitation, periodic certifications
confirming the provision to Customers of the services described herein),
and will otherwise cooperate with Distributor in connection with
preparation of reports to the Board of Trustees concerning this Agreement
and the monies paid or payable by Distributor pursuant hereto, as well as
any other reports or filings that may be required by law.
12. Intermediary represents, warrants and agrees that: (i) the compensation
payable to Intermediary hereunder, together with any other compensation
payable to it by Customers in connection with the investment of their
assets in Shares will be disclosed by Intermediary to Customers, will be
authorized by Customers and will not result in an excessive or
unreasonable fee to Intermediary; and (ii) in the event an issue
pertaining to this Agreement or the Plan is submitted for shareholder
approval, Intermediary will vote any Shares held for its own account in
the same proportion as the vote of the Shares held for Customers'
accounts.
If Intermediary is providing distribution services as described in Section
2(a) hereof, Intermediary certifies (a) that it is a member of the NASD
and agree to maintain membership in the NASD or (b) in the alternative,
that it is a foreign dealer not eligible for membership in the NASD. In
either case, Intermediary agrees to abide by all the rules and regulations
of the SEC and the NASD, including, without limitation, Rule 2830 of the
NASD Conduct Rules, all of which are incorporated herein as if set forth
in full. Intermediary further agrees to comply with all applicable state
and Federal laws and the rules and regulations of authorized regulatory
agencies. Intermediary agrees that Intermediary will not sell or offer for
sale Shares in any state or jurisdiction where they have not been
qualified for sale. Distributor will make available to Intermediary a
current list of the jurisdictions in which the Shares are qualified for
sale, but Distributor shall have no obligation or responsibility to make
Shares available for sale to Customers in any jurisdiction. Intermediary
agrees to notify Distributor immediately in the event of its expulsion or
suspension from the NASD.
13. Intermediary will offer and sell the Shares only in accordance with the
terms and conditions of the current Prospectus and Statement of Additional
Information ("SAI") and Intermediary will make no representations not
included in said Prospectus or SAI or in any authorized supplemental
material supplied by Distributor. In connection with the offers to sell
and sales of Shares, Intermediary agrees to deliver or cause to be
delivered to each person to whom such offer or sale is made, at or prior
to the time of completion of such sale, a copy of the Prospectus and, upon
request, SAI of the Portfolio involved. Distributor will furnish to
Intermediary without charge reasonable quantities of Prospectuses and
SAIs, with any supplements currently in effect, and copies of current
shareholder reports of the Fund, and sales materials issued from time to
time. Unless otherwise mutually agreed in writing, Distributor shall
deliver or cause to be delivered to each of the customers who purchase
Shares through Intermediary copies of all annual and interim reports and
any other information and materials relating to the Fund and prepared by
or on behalf of Distributor, the Fund or its investment adviser, custodian
transfer agent or dividend disbursing agent for distribution to such
customer. Intermediary may not publish any advertisement or distribute
sales literature or other written material to the public which makes
reference to Distributor or the Fund (except material which Distributor
have furnished to Intermediary) without Distributor's prior written
approval. Intermediary agrees to be responsible for the proper instruction
and training of all sales personnel employed or registered as a broker or
sales representative with Intermediary, in order that the shares will be
offered in accordance with the terms and conditions of this Agreement, and
all applicable laws, rules and regulations. Intermediary further agrees to
obtain from each customer to whom Intermediary sells Shares any taxpayer
identification number ("TIN") certification required by Section 3406 of
the Internal Revenue Code of 1986,
3
as amended (the "Code"), and the regulations promulgated thereunder, and
to provide Distributor or its designee with timely written notice of any
failure to obtain such taxpayer identification number certification in
order to enable the implementation of any required backup withholding in
accordance with Section 3406 of the Code and the regulations thereunder.
14. Intermediary hereby represent and warrant that: (a) its is a corporation,
partnership, national association or other entity duly organized and
validly existing in good standing under the laws of the jurisdiction in
which it is organized; (b) the execution and delivery of this Agreement
and the performance of the transactions contemplated hereby have been duly
authorized by all necessary action and all other authorizations and
approvals (if any) required for its lawful execution and delivery of this
Agreement and its performance hereunder have been obtained; and (c) upon
execution and delivery by Intermediary, and assuming due and valid
execution and delivery by Distributor, this Agreement will constitute a
valid and binding agreement, enforceable against it in accordance with its
terms.
15. Intermediary agrees that Distributor, its directors, officers, employees,
shareholders and agents shall not be liable for any error of judgment or
mistake of law or for any loss suffered by Intermediary in connection with
the performance of Distributor's obligations and duties under this
Agreement, except a loss resulting from Distributor's willful misfeasance,
bad faith or negligence in the performance of such obligations and duties,
or by Distributor's reckless disregard thereof.
Neither party may assert any cause of action against the other party under
this Agreement that accrued more than two years prior to the filing of the
suit (or commencement of arbitration proceedings) alleging such cause of
action.
Each party shall have the duty to mitigate damages for which the other
party may become responsible.
Notwithstanding anything in this Agreement to the contrary, in no event
shall either party, its affiliates or any of its or their directors,
officers, employees agents or subcontractors be liable to Intermediary
under any theory of tort, contract, strict liability or other legal or
equitable theory for lost profits, exemplary, punitive, special,
incidental, indirect or consequential damages, each of which is hereby
excluded by agreement of the parties regardless of whether such damages
were foreseeable or whether either party or any entity has been advised of
the possibility of such damages.
16. Intermediary agrees to indemnify Distributor and hold Distributor, its
affiliates and the Fund and its affiliates (including all officers,
trustees, directors, employees and agents thereof) (an "Indemnified
Party") harmless from and against any and all claims, losses, demands,
liabilities or expenses (including reasonable attorney's fees) of any sort
or kind which may be asserted against an Indemnified Party for which an
Indemnified Party may be held liable in connection with this Agreement (a
"Claim") unless such Claim resulted from a negligent act or omission to
act or bad faith by Distributor in the performance of Distributor's duties
hereunder. All expenses which Intermediary incurs in connection with its
activities under this Agreement shall be borne by it.
Distributor agrees to indemnify Intermediary and hold Intermediary and its
affiliates (including all officers, trustees, directors, employees and
agents thereof) (an "Indemnified Party") harmless from and against any and
all claims, losses, demands, liabilities or expenses (including reasonable
attorney's fees) of any sort or kind which may be asserted against an
Indemnified Party for which an Indemnified Party may be held liable in
connection with this Agreement (a "Claim") provided that such Claim
resulted from a negligent act or omission to act or bad faith by the
Distributor in the performance of its duties hereunder. All expenses which
Distributor incurs in connection with its activities under this Agreement
shall be borne by Distributor.
17. Distributor's obligations to Intermediary under this Agreement are subject
to all applicable provisions of any Distribution Agreement entered into
between Distributor and the Fund. Intermediary understands and agrees that
in performing its services covered by this Agreement Intermediary is
acting as agent for Customer, and Distributor is in no way responsible for
the manner of its performance or for any of its acts or omissions in
connection therewith.
18. Intermediary may terminate this Agreement by notice in writing to
Distributor, which termination shall become effective sixty (60) days
after the date of mailing such notice to Distributor. Intermediary agrees
that Distributor has and reserves the right, in Distributor's sole
discretion, to modify, amend or cancel this Agreement upon written notice
to Intermediary of such modification, amendment or cancellation, which
shall be effective on the date stated in such notice. This Agreement may
be terminated with respect to a Fund or a class of Shares thereof at any
time, without payment of any penalty, by vote of a majority of the
Disinterested Trustees (as defined in the Plan), or by vote of a majority
of the class of Shares of such Fund for which services are provided
hereunder, on not more than 60 days' written notice. This Agreement shall
terminate automatically in the event of its assignment (as such term is
defined in the Investment Company Act of 1940, as amended). Without
limiting the foregoing, any provision hereof to the contrary
notwithstanding, if Intermediary is providing distribution services as
described in Section 2(a) hereof, its expulsion from the NASD will
automatically terminate this Agreement without notice and its suspension
from the NASD or its violation of applicable state or Federal laws or
rules and regulations of an authorized regulatory agencies will terminate
this Agreement effective upon the date of Distributor's mailing notice to
Intermediary of such
4
termination. Without limiting the foregoing, Distributor may terminate
this Agreement for cause on violation by Intermediary of any of the
provisions of this Agreement, said termination to become effective on the
date of mailing notice to Intermediary of such termination. Waiver of any
breach of any provision of this Agreement will not be construed as a
waiver of the provision or of Distributor's right to enforce said
provision thereafter. Distributor's failure to terminate for any cause
shall not constitute a waiver of Distributor's right to terminate at a
later date for any such cause. All notices hereunder shall be to the
respective parties at the addresses listed hereon, unless changed by
notice given in accordance with this Agreement.
19. Notwithstanding anything in this Agreement to the contrary, Intermediary
agrees that any Nonpublic Personal Information, as defined under Section
248.3(t) of Regulation S-P ("Regulation S-P"), promulgated under the
Xxxxx-Xxxxx-Xxxxxx Act (the "Act"), disclosed hereunder is for the
specific purpose of permitting Intermediary to perform the services set
forth in this Agreement. Intermediary agrees that, with respect to such
information, it will comply with Regulation S-P and the Act and that it
will not disclose any Nonpublic Personal Information received in
connection with this Agreement, to any other party, except to the extent
as necessary to carry out the services set forth in this Agreement or as
otherwise permitted by Regulation S-P or the Act.
20. At all times during which both parties to this Agreement sell and/or
service Shares of the Fund, each party will remain in compliance with all
regulations to which it is subject issued under the USA PATRIOT Act, and
NASD Rules and/or NYSE Rules (as applicable) relating thereto, including
without limitation rules requiring such party to implement an Anti-Money
Laundering Program and a Customer Identification Program ("CIP").
Intermediary will, upon Distributor's reasonable request, not more than
once each year, certify to Distributor that Intermediary remains in
compliance with such rules; specifically, that it (i) provides notice of
its CIP to all new customers, (ii) obtains required identifying data
elements for each customer, (iii) reasonably verifies the identity of each
new customer (using the data elements), (iv) takes appropriate action with
respect to persons the identities of whom Distributor can't verify, and
(v) retains all records for required time periods, each at least to an
extent required by relevant USA PATRIOT Act regulation and NASD Rules
and/or NYSE Rules, as applicable.
21. Shareholder Information
21.1 Agreement to Provide Information. Intermediary agrees to provide to
Distributor and/or the Fund, upon written request, the TIN, if
known, of any or all holders of Shares ("Shareholders") of the
account and the amount, date, name or other identifier of any
investment professional(s) associated with the Shareholder(s) or
account (if known), and transaction type (purchase, redemption,
transfer, or exchange) of every purchase, redemption, transfer, or
exchange of Shares held through an account maintained by
Intermediary during the period covered by the request.
21.1.1 Period Covered by Request. Requests must set forth a
specific period for which transaction information is sought,
which generally will not to exceed ninety (90) days of
transaction information. Distributor and/or the Fund may
request transaction information older than ninety (90) days
from the date of the request as it deems necessary to
investigate compliance with policies established by the Fund
for the purpose of eliminating or reducing any dilution of
the value of the outstanding Shares issued by the Fund.
21.1.2 Form and Timing of Response. Intermediary agrees to transmit
the requested information that is on its books and records
to Distributor or the Fund promptly, but in any event not
later than five (5) business days, after receipt of a
request. If the requested information is not on
Intermediary's books and records, Intermediary agrees to
(within the time period designated above) use reasonable
efforts to: (i) promptly obtain and transmit the requested
information; (ii) obtain assurances from the accountholder
that the requested information will be provided directly to
Distributor or the Fund promptly; or (iii) if directed by
Distributor or the Fund, block further purchases of Fund
Shares from such accountholder. In such instance,
Intermediary agrees to inform Distributor and the Fund
whether it plans to perform (i), (ii) or (iii). Responses
required by this paragraph must be communicated in writing
and in a format mutually agreed upon by the parties. To the
extent practicable, the format for any transaction
information provided to Distributor or the Fund will be
consistent with the NSCC Standardized Data Reporting Format.
21.1.3 Limitations on Use of Information. Distributor agrees not to
use the information received for marketing or any other
similar purpose without Intermediary's prior written
consent.
21.2 Agreement to Restrict Trading. Intermediary agrees to execute
written instructions from Distributor or the Fund to restrict or
prohibit further purchases or exchanges of Shares by a Shareholder
that has been identified by Distributor or the Fund as having
engaged in transactions of the Fund's Shares (directly or indirectly
through an account with Intermediary) that violate policies
established by the Fund for the purpose of eliminating or reducing
any dilution of the value of the outstanding Shares issued by the
Fund.
5
21.2.1 Form of Instructions. Instructions must include the TIN, if
known, and the specific restriction(s) to be executed. If
the TIN is not known, the instructions must include an
equivalent identifying number of the Shareholder(s) or
account(s) or other agreed upon information to which the
instruction relates.
21.2.2 Timing of Response. Intermediary agrees to execute
instructions as soon as reasonably practicable, but not
later than five (5) business days after receipt of the
instructions by Intermediary.
21.2.3 Confirmation. Intermediary will provide written confirmation
to Distributor and the Fund that instructions have been
executed. Intermediary agrees to provide confirmation as
soon as reasonably practicable, but not later than ten (10)
business days after the instructions have been executed.
21. This Agreement shall become effective as of the date when it is executed
and dated by Distributor below and shall be in substitution of any prior
agreement between Distributor and Intermediary covering the Fund. This
Agreement and all the rights and obligations of the parties hereunder
shall be governed by and construed under the laws of the Commonwealth of
Pennsylvania. This Agreement is not assignable or transferable, except
that Distributor's firm may assign or transfer this Agreement to any
successor firm or corporation which becomes the Distributor of the Fund.
6
Accepted and Agreed to:
Name of Intermediary:____________________________________
Address:_________________________________________________
City_______________ State_________ Zip________ Telephone Number_______________
Printed Name of Authorized Officer__________________ Title______________________
Authorized Officer Signature______________________________ Date:___________
SEC Broker Dealer Res. #. ____________
NASD Firm CRD # ____________
Tax ID # ____________
Accepted:
ABN AMRO DISTRIBUTION SERVICES (USA), INC.
By: _________________________ Date:_____day of____________, 200_____
7
SCHEDULE A
Compensation:
Maximum allowable payout:
Distribution Fee: .50 % annually of the Fund's average daily net
assets maintained and serviced by Intermediary
in Class R.
.25% annually of the Fund's average daily net
assets maintained and serviced by Intermediary
in Class N, Class S
and/or Class YS
Payout Parameters:
There will be no payments for sales of Class I or Class Y Shares.
All payments are made quarterly for purchases settling prior to the last
business day of the month.
Minimum check to be paid to a servicing agent is $10.00
8
ABN AMRO DISTRIBUTION SERVICES (USA), INC.
KNOW YOUR CUSTOMER QUESTIONNAIRE FOR INTERMEDIARIES
In response to the requirements of The USA PATRIOT Act, ABN AMRO Distribution
Services (USA), Inc. is required to "Know Our Customers." We request your
cooperation with compliance and ask you to complete in total the information
below and return to PFPC with the executed agreement.
Thank you,
ABN AMRO Distribution Services (USA), Inc.
________________________________________
Name of Institution
_________________________________________
Taxpayer Identification Number
_________________________________________
Type of Business
_________________________________________
State in Which Corporation is Domiciled
_________________________________________
Date of Incorporation
_________________________________________
Regulatory Body with Oversight Authority
_________________________________________
Other Information (or attachments noted)
9
ABN AMRO FUNDS DEALER PROFILE SHEET
1 Has signed dealer agreement been sent to distributor? Yes_____ or No______ Date sent:_________________
2 Dealer name: _________________________________________________
3 Dealer address: ______________________________________________
4 Dealer contact: ______________________________________________
5 Dealer phone number & fax number: ________________________________________
QUESTIONS PRECEDED BY ** RELATE TO FUND\SERV
IF NOT A FUND\SERV PARTICIPANT, PLEASE SKIP TO QUESTION #10
**6 Is the dealer using Fund\Serv? Yes ____ or No ____
If yes, what is their NSCC Number? _______________________________________
What is their alpha indicator? _______________________________________
**7 Is the dealer using networking? Yes ____ or No ____
If yes, when would they like to receive position files? Choices are:
____1st & 3rd Friday ____2nd & 4th Friday ____1st & 3rd Thursday ____2nd & 4th Thursday
PLEASE NOTE: Any additional position files are on an as requested basis. Please contact Broker Services at the
800 number listed below.
**8 If using networking, indicate network level: _____________________________
**9 If another dealer is clearing for them, what is the other dealers name:
Address: __________________________________________
__________________________________________
__________________________________________
NSCC number: ____________________________________
Alpha indicator: ____________________________________
Network level: ____________________________________
Contact name: ____________________________________
Contact phone: ____________________________________
10 What is the address of the main office for mailing purposes of commission checks? (MAIN OFFICE ONLY)
11 Will statements go to main office or branch? Main Office ________ Branch ________
PLEASE ATTACH A COMPLETE BRANCH AND REP LISTING
12 Omnibus account? Yes _____ or No ______
If yes, how will you notify the transfer agent of the proper Blue Sky state information for the sub-accounts? (I.E. a
monthly report will be sent or trades will be placed with state information provided)___________________________
COMPLETED FACT SHEET TO BE FORWARDED TO:
ABN AMRO DISTRIBUTION SERVICES (USA), INC.
000 XXXXX XXXX
MAIL STOP: X000-0X-0
XXXX XX XXXXXXX, XX 00000
ANY QUESTIONS REGARDING THE COMPLETION OF THIS FORM, PLEASE CONTACT PFPC AT 0-000-000-0000.
10
