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Document Preview Accounting Services Agreement |
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Title: |
Accounting Services Agreement |
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Entities: |
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Date: |
2002 |
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Size: |
Preview shows 5KB of 31KB total |
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Price: |
$41 |
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ID: |
#2516363 |
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ACCOUNTING SERVICES AGREEMENT
AGREEMENT dated as of _____________ between Touchstone Investment
Trust (the "Trust"), a Massachusetts business trust, and Integrated Fund
Services, Inc. ("Integrated"), an Ohio corporation.
WHEREAS, the Trust is an investment company registered under the
Investment Company Act of 1940, as amended (the "1940 Act"); and
WHEREAS, the Bond Fund (the "Fund") is a series of the Trust; and
WHEREAS, the Trust wishes to employ Integrated to serve as its
accounting services agent on behalf of the Fund; and
WHEREAS, Integrated wishes to provide such services to the Fund under
the conditions set forth below;
NOW, THEREFORE, in consideration of the premises and mutual covenants
contained in this Agreement, the Trust and Integrated agree as follows:
1. APPOINTMENT.
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The Trust hereby employs Integrated as agent to perform those
services described in this Agreement for the Fund. Integrated shall act under
such appointment and perform the obligations thereof upon the terms and
conditions hereinafter set forth.
2. DOCUMENTATION.
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The Trust will furnish from time to time certified copies of each
resolution of the Board of Trustees authorizing officers to give instructions to
Integrated and such other certifications, documents or opinions that Integrated
may, in its discretion, deem necessary or appropriate in the proper performance
of its duties.
3. CALCULATION OF NET ASSET VALUE.
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Integrated will maintain and keep current the general ledger
for the Fund, recording all income and expenses, capital share activity and
security transactions of the Fund. Integrated will calculate the net asset value
of the Fund and the per share net asset value of the Fund, in accordance with
the Trust's current prospectus and statement of additional information, once
daily as of the time selected by the Trust's Board of Trustees. Integrated will
prepare and maintain a daily valuation of all securities and other assets of the
Fund in accordance with instructions from a designated officer of the Trust and
in the manner set forth in the Trust's current prospectus and statement of
additional information. In valuing securities of the Fund, Integrated may
contract with, and rely upon market quotations provided by, outside services.
{PAGE}
4. PAYMENT OF TRUST EXPENSES.
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Integrated shall process each request received from the Trust
or its authorized agents for payment of the Fund's expenses. Upon receipt of
written instructions signed by an officer or other authorized agent of the
Trust, Integrated shall prepare checks in the appropriate amounts which shall be
signed by an authorized officer of Integrated and mailed to the appropriate
party.
5. OTHER SERVICES.
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Subject to the direction and control of the Trustees of the
Trust, Integrated shall perform the services to the Fund detailed in Schedule A.
6. DATA ACCESS AND PROPRIETARY INFORMATION.
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The Trust acknowledges that the data bases, computer programs,
screen formats, report formats, interactive design techniques, and documentation
manuals furnished to the Trust by Integrated as part of the Trust's ability to
access certain Trust-related data ("Customer Data") maintained by Integrated on
data bases under the control and ownership of Integrated or other third party
("Data Access Services") constitute copyrighted, trade secret, or other
proprietary information (collectively, "Proprietary Information") of substantial
value to Integrated or other third party. In no event shall Proprietary
Information be deemed Customer Data. The Trust agrees to treat all Proprietary
Information as proprietary to Integrated and further agrees that it shall not
divulge any Proprietary Information to any person or organization except as may
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