Common use of Quarterly Portfolio of Investments Services Clause in Contracts

Quarterly Portfolio of Investments Services. Subject to the receipt of all Required Data, and as a component of the Form N-PORT and Form N-CEN Support Services, the Administrator will use such Required Data from the Trust, the Administrator’s internal systems and other data providers to prepare a draft portfolio of investments (the “Portfolio of Investments”), compliant with GAAP, as of the Trust’s first and third fiscal quarter-ends. Following review and final approval by the Trust of each such draft Portfolio of Investments, and at the direction of and on behalf of the Trust, the Administrator will attach each Portfolio of Investments to the first and third fiscal quarter-end N-PORT filing that is submitted electronically to the SEC. The parties acknowledge that so long as the Administrator serves as administrator and as custodian, accountant and transfer agent for the Trust and each Fund, certain of the Required Data may reside on the Administrator’s internal systems.