Document:

Exhibit 10.4

 

Execution Version

 

CUSTODY
AGREEMENT

 

This Agreement (the “Agreement”)
is made as of October 13, 2022 (the “Effective Date”) between:

 

		(1)	Each entity identified on Appendix A, whose jurisdiction
of formation is identified opposite its name (each, the “Client”); and

 

		(2)	STATE STREET BANK AND TRUST COMPANY, a bank and
trust company organized under the laws of The Commonwealth of Massachusetts, U.S.A. (the “Custodian”).

 

		1	Definitions and Interpretation

 

Defined
terms and the general rules of interpretation agreed by the Parties are set forth in Schedule 1.

 

		2	Appointment
                                         of the Custodian

 

The
Client hereby appoints the Custodian to provide the services set out in Sections 3 through 15 below (the “Services”)
subject to and in accordance with the terms of this Agreement.

 

		3	Safekeeping
                                         Securities

 

		3.1	Holding
                                         Securities. The Custodian will hold Securities delivered or credited to its account
                                         under this Agreement directly or through accounts at Subcustodians or CSDs. In turn,
                                         Subcustodians will hold Securities directly or through accounts at CSDs.

 

		3.2	Client
                                         Entitlements and Segregation. The Custodian will take the following steps to reflect
                                         the Client’s ownership of Securities and to separately identify the Securities
                                         of the Client from the proprietary assets of the Custodian, Subcustodians, and CSDs,
                                         in accordance with Local Market Practice:

 

		3.2.1	Accounts
                                         at the Custodian. Open and maintain on the records of the Custodian one or more segregated
                                         securities accounts in the name of the Client or such other name as the Client may reasonably
                                         request (each, a “Securities Account”) and credit Securities to them;

 

		3.2.2	Accounts
                                         at the Subcustodians or CSDs. Open and maintain securities accounts at the Subcustodians
                                         or CSDs in which the Custodian is a direct participant, cause Subcustodians to open and
                                         maintain securities accounts at CSDs in which the Subcustodian is a participant, and
                                         cause Securities to be credited to the relevant accounts. Such accounts: (i) may be commingled
                                         (or omnibus) accounts for Securities of multiple customers of the Custodian (or Subcustodian,
                                         in the case of accounts opened by the Subcustodian at a CSD) or, in limited markets,
                                         segregated (or separate) accounts for Securities of the Client; and (ii) must not include
                                         any proprietary securities of the Custodian, the Subcustodian or the CSD;

 

		3.2.3	Physical
                                         Securities. Physically segregate bearer Securities from the proprietary assets of
                                         the Custodian, and require that the Subcustodians physically segregate bearer Securities
                                         from the Subcustodian’s and the Custodian’s proprietary assets;

 

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		3.2.4	Registration
                                         Names. Register certificated Securities (other than bearer securities) in the name
                                         of the Client or in the name of the Custodian, a Subcustodian, a CSD or a nominee of
                                         any of them, or otherwise in accordance with Local Market Practice and the laws and regulations
                                         applicable to the Custodian; and

 

		3.2.5	Records
                                         of Transactions; Reconciliation. Maintain records of the Client’s transactions
                                         in the Securities Accounts and reconcile its records of clients’ securities holdings
                                         against the records of its Subcustodians and CSDs in which it is a direct participant
                                         in accordance with the Custodian’s standard procedures and Local Market Practice.
                                         Subcustodians will likewise maintain records of their client’s transactions and
                                         reconcile their records of the securities holdings of their clients against the records
                                         of the CSDs in which they are a direct participant in accordance with the Subcustodians’
                                         standard procedures and Local Market Practice.

 

		3.3	Securities
                                         Interchangeable. Securities of the Client (whether held in separate or commingled
                                         accounts) are fungible with all other securities of the same issue held in such accounts
                                         by the Custodian and its Subcustodians. This means that the Client’s redelivery
                                         rights in respect of the Securities are not in respect of the Securities actually deposited
                                         with the Custodian or a Subcustodian from time to time, but rather in respect of Securities
                                         of the same number, class, denomination and issue as those Securities.

 

		3.4	Acceptance
                                         of Securities. Except as otherwise agreed in writing with the Client, the Custodian
                                         will only accept custody of Securities and other assets that it is operationally equipped
                                         and licensed to hold in the relevant market where it provides custodial services either
                                         directly or through an existing Subcustodian and may decline to accept custody of certain
                                         securities or asset types that it determines present an unacceptable risk profile or
                                         that it or its Subcustodians are not operationally equipped or permitted to hold under
                                         any law or regulation.

 

		4	Cash

 

		4.1	Cash
                                         Accounts. The Custodian will open and maintain in the name of the Client one or more
                                         cash deposit accounts (each a “Cash Account”) in such currencies as may be
                                         required in connection with the investment activity of the Client.

 

		4.2	Location
                                         of Cash Deposits. Cash received for the Client will be deposited with the Custodian,
                                         or with a Subcustodian, depending on the currency and/or the market. The Custodian will
                                         designate each currency in a particular market as On Book Cash or Off Book Cash. “On
                                         Book Cash” means the currency is maintained in a deposit account with, and recorded
                                         as a liability on the balance sheet of, the Custodian (through any of its branches) and
                                         “Off Book Cash” means the currency is maintained in a deposit account with,
                                         and recorded as a liability on the balance sheet of, a Subcustodian (through any of its
                                         branches). The Custodian may change the designation of a currency as On Book or Off Book
                                         from time to time. Clients will find the designation of currencies as On Book Cash and
                                         Off Book Cash, and any changes to such designations, in the Client Publications.

 

		4.3	Cash
                                         Records. The Custodian will reflect Cash balances held in all On Book and Off Book
                                         Client deposit accounts on its books and records and report the balances to the Client.

 

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		4.4	Banking
                                         Relationship. In accepting deposits under this Agreement, the Custodian (for On Book
                                         Cash) or the relevant Subcustodian (for Off Book Cash) acts as banker and does not hold
                                         the money deposited on trust or segregated from its proprietary assets. Accordingly,
                                         the Client is an unsecured creditor of the Custodian (for On Book Cash) or the relevant
                                         Subcustodian (for Off Book Cash), subject to such rights as may arise in an Insolvency
                                         Event as determined under the laws of the jurisdiction of the Custodian or relevant Subcustodian.
                                         With respect to Off Book Cash, the Custodian is only responsible for returning the actual
                                         amount that the Custodian receives from the Subcustodian.

 

		4.5	Interest
                                         and Charges. Cash Accounts may be interest bearing or non-interest bearing and may
                                         be subject to charges or fees on the deposit balance or on a per account basis. The Custodian
                                         or the relevant Subcustodian will determine on a periodic basis:

 

		4.5.1	the
                                         interest rates, if any, (which may be positive, zero or negative) or equivalent charges
                                         or fees paid or charged to the Client from time to time with respect to a Cash Account;
                                         and

 

		4.5.2	the
                                         overdraft rates or equivalent charges or fees and the applicable overdraft thresholds
                                         (if any) that will trigger interest charges from time to time for overdrafts,

                                                                                

 

in each
case, acting in their sole discretion, taking into account market conditions and other relevant commercial considerations. Interest
and overdraft rates or other account charges or fees will vary by currency. Details on current rates and deposit account charges
are available upon request.

 

		4.6	Overdrafts.
                                         The Client must maintain sufficient funds in the Cash Accounts to settle all transactions
                                         in the applicable currencies in a timely manner. The Custodian or its Subcustodians may,
                                         but are not required to, extend credit under this Agreement. The Custodian reserves the
                                         right to decline to process any Proper Instruction or settle any transaction that would
                                         result in an overdraft of the Cash Account. If an overdraft arises in the Cash Account,
                                         the Client agrees to repay the principal amount of the overdraft upon demand by the Custodian
                                         or within five Business Days, whichever is earlier, plus any applicable overdraft fees
                                         and interest on the principal overdraft.

 

		5	Transaction
                                         Settlement

 

		5.1	Settlement.
                                         The Custodian will settle all transactions in accordance with Local Market Practice,
                                         which may not always be on a delivery-versus-payment or receipt-versus-payment basis.
                                         Except as otherwise provided below regarding Contractual Settlement, the Custodian will
                                         credit or debit the appropriate Cash Account on an actual settlement or payment basis.

 

		5.2	Contractual
                                         Settlement. In order to facilitate transaction settlement, the Custodian may provisionally
                                         credit settlement, maturity or redemption proceeds, or income, dividends and other distributions,
                                         on a contractual settlement or predetermined income basis (“Contractual Settlement”),
                                         for markets, securities and eligible clients as determined and notified by the Custodian
                                         in the Client Publications. The Custodian can terminate or suspend Contractual Settlement
                                         for markets, securities or particular clients at any time.

 

		5.3	Use
                                         of Funds. Where Contractual Settlement applies, the Custodian will credit or debit
                                         the appropriate Cash Account on the contractual settlement date or payable date for the
                                         relevant transaction. This means that (i) the Client will have use of the funds from
                                         the date that a sale was contracted to settle or the payable date, which may be earlier
                                         than the date payment actually occurs and (ii) the Custodian will have use of the funds
                                         debited from the Cash Account from the date that a purchase was contracted to settle
                                         until the date that settlement actually occurs.

  

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		5.4	Reversal.
                                         The Custodian may reverse any Contractual Settlement credit at any time before actual
                                         receipt of the cash payment associated with the credit if the Custodian determines, in
                                         its reasonable judgement, that such payment will not be received within 30 days for that
                                         transaction or if the Custodian suspends or terminates the provision of Contractual Settlement
                                         for those Securities in that market. The Custodian will generally notify the Client two
                                         Business Days before any such reversal.

 

		5.5	Secured
                                         Liability. To the extent that the Custodian has not received the cash payment associated
                                         with a credit, the amount credited remains a Secured Liability under this Agreement.

 

		6	Corporate
                                         Actions

 

		6.1	Transmit
                                         Information. The Custodian will promptly transmit or make available to the Client
                                         all material written information customarily provided by a professional global custodian
                                         regarding an applicable Corporate Action, or a brief synopsis of that information, affecting
                                         Securities then being held under this Agreement, where (i) that information is received
                                         directly from issuers of such Securities or from CSDs or Subcustodians or (ii) that information
                                         is publicly available in the relevant market from standard vendors routinely used by
                                         professional global custodians provided that the Custodian can verify the accuracy of
                                         such information. The Custodian will transmit or make available such Corporate Action
                                         data it receives from primary sources (issuers, CSDs and Subcustodians) without further
                                         review although it will generally note if such information is single sourced. The Custodian
                                         generally will not transmit or make available such Corporate Action data it receives
                                         from secondary sources (vendors) unless the accuracy of that information can be verified
                                         against at least one additional source.

 

		6.2	Exercise.
                                         The Custodian will process the Client’s elections with respect to any voluntary
                                         Corporate Action at the direction of the Client provided it has actual possession of
                                         the relevant Securities and it has received Proper Instructions by the deadline specified
                                         in the Custodian’s Corporate Action notification (“Corporate Actions Deadline
                                         Date”). The Custodian will use reasonable efforts to effect Proper Instructions
                                         received after that deadline but will have no responsibility for any failure to exercise
                                         such instructions accurately or timely. In the absence of receiving Proper Instructions
                                         by the Corporate Actions Deadline Date, the Custodian may take the default action specified
                                         in the corporate action notification. In the event of a mandatory Corporate Action, the
                                         Custodian will act without Proper Instructions in accordance with Section 22.10.

 

		6.3	Class
                                         Actions. The Custodian will transmit written information received by the Custodian
                                         regarding any class action litigation to the extent set out in the Client Publications.
                                         The Custodian will not support class action participation by the Client beyond such forwarding
                                         of written information. In no event will the Custodian act as a lead plaintiff in a class
                                         action.

 

		6.4	Fractional
                                         Positions. Fractional positions resulting from Corporate Actions will be dealt with
                                         in accordance with the Client Publications.

  

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		7	Proxy
                                         Servicing

 

		7.1	Transmit
                                         Information. The Custodian will forward to the Client all proxies received by the
                                         Custodian relating to the Securities then held under this Agreement, for the markets
                                         designated in the Client Publications, unless otherwise instructed by the Client. The
                                         Custodian will use an agent to assist in the receipt and distribution of proxies and
                                         will share the Client’s position and contact information to facilitate such collection
                                         and distribution.

 

		7.2	Voting.
                                         The Custodian provides proxy voting services for the markets designated in the Client
                                         Publications. The Custodian will cause eligible proxies to be promptly executed by the
                                         registered holder in accordance with Proper Instructions and delivered to the issuer
                                         of the Securities or its designated agent. In order for the Custodian to provide the
                                         voting services, the Custodian must have received such Proper Instructions, must have
                                         actual possession of the relevant Securities, and all requirements set out in the Client
                                         Publications must have been met, including where applicable receiving an executed power
                                         of attorney, in each case by the deadline specified in the Custodian’s proxy notification.

 

		8	Income
                                         Collection

 

		8.1	Monitoring
                                         and Crediting. The Custodian will use reasonable efforts to monitor and collect on
                                         a timely basis, in accordance with Local Market Practice, all income and other payments
                                         to which the Client is entitled in respect of the Securities held under this Agreement
                                         and Securities on loan through the securities lending program sponsored by the Custodian
                                         or its Affiliates. The Custodian will credit such amounts to the Cash Account of the
                                         Client as received, except where Contractual Settlement applies.

 

		8.2	Repatriation
                                         of Income. The Client is responsible for directing the repatriation of income into
                                         the base currency of the Portfolio or another currency selected by the Client, and may
                                         enter into separate arrangements to do so, as set out in Section 13 of this Agreement.

 

		9	Statements
                                         and Reports

 

		9.1	Contents.
                                         The Custodian will make available reports to the Client regarding the Portfolio on
                                         a periodic basis as selected by the Client from certain online tools made available from
                                         time to time by the Custodian or as otherwise agreed with the Client. The reports will
                                         include Cash balances, an itemized statement of Securities and Cash and Securities transaction
                                         activity. Market values contained in these reports are unaudited and based on the Custodian’s
                                         standard pricing vendors and practices. These reports will not include net asset value
                                         calculations.

 

		9.2	Cash
                                         and Securities Not Held. The Custodian may agree to incorporate information in respect
                                         of cash or securities not held by the Custodian. In making available such information
                                         to the Client, the Custodian will rely upon the information provided by the Client or
                                         a third party without any requirement to verify the accuracy of such information. The
                                         Custodian will not perform any other Services in relation to such cash or securities.

 

		10	Tax
                                         Withholding and Tax Relief

 

		10.1	Withholding.
                                         The Custodian will withhold (or cause to be withheld) the amount of any tax which
                                         is required to be withheld by the Custodian or Subcustodian under the Law applicable
                                         to the Custodian or Subcustodian based on the Client’s domicile and entity type
                                         in respect of any dividend, interest income or other distribution in relation to any
                                         Security, and/or the proceeds or income from the sale or other transfer of any Security
                                         held by the Custodian. If the Client has not provided the requisite information and documentation,
                                         the Custodian is obligated to arrange for maximum withholding. In certain markets, the
                                         Client will be required to hire a local tax agent to calculate withholding, as set out
                                         in the Client Publications.

  

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		10.2	Tax
                                         Relief. The Custodian will apply for a reduction of withholding tax and refund of
                                         any tax paid or tax credits in respect of income payments on Securities based on the
                                         Client’s entitlement under relevant tax treaties or laws which apply in each market
                                         that supports a standard tax reclaim process, in all cases as may be set out from time
                                         to time in the Client Publications. The Custodian does not facilitate tax reclaims
                                         for tax transparent or pass-through (i.e., multiple-beneficiary) entities such as partnerships,
                                         LLCs, common trusts or any other types of entities that are generally ineligible for
                                         tax treaty or domestic law tax entitlements, even where the partners or beneficial holders
                                         of such entities may be eligible.

 

		10.3	Documentation.
                                         In order for the Custodian to perform the services in this Section 10, the Client
                                         will provide the Custodian such information and documentation as may be required from
                                         time to time by the Custodian for tax purposes, including documentary evidence of its
                                         tax domicile, and its entity type and details of any special ruling or treatment to which
                                         the Client may be entitled in relation to countries where the Client engages or proposes
                                         to engage in investment activity or where Securities are or will be held. The Client
                                         is responsible for ensuring the documentation and information provided is true and accurate
                                         in all material respects and will promptly provide the Custodian with all necessary corrections
                                         or updates upon becoming aware of any changes or inaccuracies in the documentation or
                                         information supplied. The provision of documentation and information under this Section
                                         10.3 will be taken to be a Proper Instruction upon which the Custodian will be entitled
                                         to rely for all purposes under this Section 10, including calculating withholding and
                                         determining available tax relief, without the need to undertake any further inquiries
                                         or verification.

 

		10.4	Client
                                         Responsible for Taxes. The Client will be liable for all taxes, levies or similar
                                         obligations which arise as a result of the Client’s investment activity, including
                                         in relation to any Cash or Securities held by the Custodian on behalf of the Client,
                                         or any related transactions. If any taxes become payable in relation to any prior payment
                                         made to the Client by the Custodian, the Custodian may withhold any credit balance in
                                         the Client’s Cash Accounts to the extent necessary to satisfy such tax obligation.
                                         The Client will also remain liable for any tax deficiency.

 

		10.5	No
                                         Tax Advice. The Client acknowledges that the Custodian is not, and will not be deemed
                                         to be, providing tax advice or tax counsel.

 

		11	Physical
                                         Safekeeping of Investment Documents

 

		11.1	Document
                                         Safekeeping. The Custodian may agree to provide physical safekeeping for Investment
                                         Documents delivered to it and will return such Investment Documents to the Client upon
                                         receipt of Proper Instructions, subject to additional documentation and other requirements
                                         as the Custodian may specify from time to time. Investment Documents held in physical
                                         safekeeping will be segregated from documents of any other person and marked so as to
                                         clearly identify them as the property of the Client.

 

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		11.2	No
                                         Other Services. The Custodian will not otherwise perform any other Services in relation
                                         to such Investment Documents.

 

		12	Alternative
                                         Asset Servicing

 

		12.1	Alternative
                                         Assets. The Custodian may agree to reflect the Client’s Alternative Assets
                                         on its books, records or statements. Unless otherwise agreed in writing, the Custodian
                                         will not perform any other services or assume any obligations in relation to Alternative
                                         Assets. The Custodian may, in limited cases, agree to register the Client’s interests
                                         in Alternative Assets in the name of the Custodian, subject to additional documentation
                                         and other requirements as the Custodian may specify from time to time.

 

		13	Foreign
                                         Exchange

 

		13.1	Role
                                         of Custodian. The role of the Custodian with respect to foreign exchange transactions
                                         is limited to facilitating the processing and settlement of such transactions. The Custodian
                                         does not have any agency, trust or fiduciary obligation to the Client or any other person
                                         in connection with the execution of any foreign exchange transactions, other than the
                                         obligation as agent to process the Proper Instructions given by the Client.

 

		13.2	Role
                                         of Counterparties. If the Client enters into any foreign exchange transaction with
                                         State Street Bank and Trust Company, a Subcustodian or any of their Affiliates, the Client
                                         does so on the basis that these entities are acting as a principal dealer and counterparty,
                                         and not as fiduciary or agent to the Client, and the execution services are governed
                                         by separate arrangements (including pricing) and do not form part of the Services provided
                                         by the Custodian under this Agreement. This applies to foreign exchange transactions
                                         entered into by the Client directly with the trading desk of these entities or by Proper
                                         Instruction to the Custodian using the indirect foreign exchange services described in
                                         the Client Publications.

 

		14	Subcustodians

 

		14.1	Use
                                         of Subcustodians. The Custodian is authorized to utilize Subcustodians in connection
                                         with its performance of the Services and will notify the Client of the Subcustodians
                                         so employed from time to time through the Client Publications.

 

		14.2	Selection
                                         and Monitoring. The Custodian will use reasonable skill, care and diligence in the
                                         selection, monitoring and continued utilization of Subcustodians by taking the following
                                         actions: (i) annually assess the financial condition of each Subcustodian by reviewing
                                         their publicly available financial information, (ii) on a daily basis monitoring the
                                         performance by each Subcustodian’ of its duties relative to the Services, and (iii)
                                         confirming on an annual basis that each Subcustodian is licensed to act as a subcustodian
                                         in its relevant market.

 

		14.3	Special
                                         Subcustodians. At the request of the Client, the Custodian may agree to appoint one
                                         or more qualified banks, trust companies or other entities designated by the Client to
                                         act as a subcustodian (each a “Special Subcustodian”) for purposes specified
                                         by the Client. In connection with the appointment of a Special Subcustodian, the Custodian
                                         shall enter into a tri-party subcustodian agreement with the Special Subcustodian and
                                         the Client in form and substance approved the Custodian, provided that such agreement
                                         shall comply with Law applicable to the Client and shall be consistent with the terms
                                         and provisions of this Agreement, to the extent practicable.

  

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		14.4.	Provisions
                                         Relating to Rule 17f-5 

 

		14.4.1	Delegation.
                                         Each Client, by resolution of its Board, delegates to the Custodian, pursuant to Rule
                                         17f-5(b), the obligations to perform as the Client’s Foreign Custody Manager and,
                                         unless the Custodian advises the Customer that it does not accept such delegation with
                                         respect to a country, the Custodian accepts such delegation. The Custodian acting in
                                         this capacity shall be referred to as the “Foreign Custody Manager.”

 

		14.4.2	Exercise
                                         of Care as Foreign Custody Manager. The Foreign Custody Manager will exercise such
                                         reasonable care, prudence and diligence in performing the delegated responsibilities
                                         as a person having responsibility for the safekeeping of assets of management investment
                                         companies registered under the 1940 Act would exercise.

 

		14.4.3	Foreign
                                         Custody Arrangements. The Foreign Custody Manager will perform the delegated responsibilities
                                         only with respect to Covered Foreign Countries and will provide the Client with a list
                                         on Schedule A of the Eligible Foreign Custodian(s) it selects to maintain the Client’s
                                         Foreign Assets in each Covered Foreign Country. The Foreign Custody Manager may amend
                                         the list from time to time in its sole discretion upon notice to the Client.

 

		14.4.4	Scope
                                         of Delegated Responsibilities. The Foreign Custody Manager, when placing and maintaining
                                         Foreign Assets in the care of an Eligible Foreign Custodian, will determine that: (i)
                                         the Foreign Assets will be subject to reasonable care, based on the standards applicable
                                         to custodians in the country in which the Foreign Assets will be held by the Eligible
                                         Foreign Custodian, after considering all factors relevant to the safekeeping of such
                                         assets, including, without limitation the factors specified in Rule 17f-5(c)(1), and
                                         (ii) the contract between the Foreign Custody Manager and the Eligible Foreign Custodian
                                         governing the foreign custody arrangements will satisfy the requirements of Rule 17f-5(c)(2).
                                         The Foreign Custody Manager will establish a system to monitor (a) the appropriateness
                                         of maintaining the Foreign Assets with the Eligible Foreign Custodian, and (b) the performance
                                         of the contract governing the foreign custody arrangements. The Foreign Custody Manager
                                         will notify the Client if it determines that the custody arrangements with an Eligible
                                         Foreign Custodian are no longer appropriate, including if such arrangements have ceased
                                         to meet the requirements of Rule 17f-5 under the 1940 Act, and will act in accordance
                                         with the Client’s Proper Instructions with respect to the disposition of the affected
                                         Foreign Assets.

 

		14.4.5	Reporting
                                         Requirements. The Foreign Custody Manager will (i) report the withdrawal of Foreign
                                         Assets from an Eligible Foreign Custodian and the placement of Foreign Assets with another
                                         Eligible Foreign Custodian by providing to the Client an updated Schedule A at the end
                                         of the calendar quarter in which the action has occurred, and (ii) after the occurrence
                                         of any other material change in the foreign custody arrangements of the Client, make
                                         a written report available to the Client containing a notification of the change.

  

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		14.4.6	Representations
                                         of Foreign Custody Manager and Client. The Foreign Custody Manager represents to
                                         Client that it is a U.S. Bank as defined in Section (a)(7) of Rule 17f-5(a)(7). Client
                                         represents to the Custodian that its Board has (i) determined that it is reasonable for
                                         the Board to rely on the Custodian to perform the responsibilities delegated pursuant
                                         to this Agreement to the Custodian as the Foreign Custody Manager of the Client, and
                                         (ii) considered and determined to accept the risk described in the first sentence of
                                         Section 18.2 as is incurred by placing and maintaining the Client’s Foreign Assets
                                         in each Covered Foreign Country.

 

		14.4.7.	Withdrawal
                                         of Acceptance of Delegation as Foreign Custody Manager. Upon at least 30 days’
                                         prior written notice to the Client, the Foreign Custody Manager may withdraw its acceptance
                                         of such delegated responsibilities generally or with respect to a specified Covered Foreign
                                         Country, and the Custodian will have no further responsibility in its capacity as Foreign
                                         Custody Manager to the Client generally or with respect to the designated Covered Foreign
                                         Country, as applicable.

 

		14.4.8.	Termination
                                         by Client of the Custodian as Foreign Custody Manager. Upon at least 30 days’
                                         prior written notice to the Custodian, Client may terminate the delegation to the Custodian
                                         as the Foreign Custody Manager for the Client. Following the termination, the Custodian
                                         shall have no further responsibility in its capacity as Foreign Custody Manager to the
                                         Client.

 

		14.4.9.	Settlement
                                         Practices. The Custodian will provide to each Client the information with respect
                                         to custody and settlement practices in countries in which the Custodian employs an Eligible
                                         Foreign Custodian described on Schedule C at the time or times set out on the Schedule.
                                         The Custodian may revise Schedule C from time to time, but no revision will result in
                                         a Client being provided with substantively less information than had been previously
                                         provided on Schedule C.

 

		15	Central
                                         Securities Depositories

 

		15.1	Use
                                         of Central Securities Depositories. The Custodian and its Subcustodians will use
                                         CSDs in connection with the performance of the Services, and will notify the Client of
                                         the CSDs so employed from time to time through the Client Publications.

 

		15.2	Rules
                                         of Central Securities Depositories. Where the Custodian or its Subcustodians use
                                         CSDs, the Client acknowledges that they will do so in accordance with the terms and conditions
                                         of participation or membership in such CSDs and the rules and procedures governing the
                                         operation thereof.

 

		15.3	Provisions
                                         Relating to Rule 17f-4. The Custodian may deposit and maintain securities or other
                                         financial assets of the Client in a U.S. CSD in compliance with the conditions of Rule
                                         17f-4.

 

		15.4	Provisions
                                         Relating to Rule 17f-7. The Custodian will (i) provide the Client or its Investment
                                         Manager with an analysis of the custody risks associated with maintaining assets with
                                         the Eligible Securities Depositories set out on Schedule B in accordance with Section
                                         (a)(1)(i)(A) of Rule 17f-7, (ii) monitor such risks on a continuing basis and promptly
                                         notify the Client or its Investment Manager of any material change in such risks, in
                                         accordance with Section (a)(1)(i)(B) of Rule 17f-7, and (iii) exercise reasonable care,
                                         prudence and diligence in performing the requirements in subsections (i) and (ii) above.
                                         If following the foregoing notification of a material change in risks, the Client determines
                                         that a custody arrangement with an Eligible Securities Depository no longer meets the
                                         requirements of Rule 17f-7, the Custodian shall act in accordance with Proper Instructions
                                         to withdraw such Foreign Assets from the relevant depository to the extent permissible.

  

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		16	Delegation
                                         

 

		16.1	Use
                                         of Delegates. The Custodian shall have the right, without the prior notice to or
                                         the consent of the Client, to employ Delegates to provide or assist it in the provision
                                         of any part of the Services other than Services required by Law applicable to either
                                         Party to be performed by a qualified custodian or CSD. Unless otherwise agreed in a fee
                                         schedule, the Custodian will be responsible for the compensation of its Delegates.

 

		16.2	Provision
                                         of Information Regarding Delegates. The Custodian will provide or make available
                                         to the Client on a quarterly or other periodic basis (including upon request by the Client)
                                         information regarding its global operating model for the delivery of the Services, which
                                         information will include the identities of Delegates affiliated with the Custodian that
                                         perform or may perform any part of the Services, and the locations from which such Delegates
                                         perform Services, as well as such other information about its Delegates as the Client
                                         may reasonably request from time to time.

 

		16.3	Third
                                         Parties. Nothing in this Section limits or restricts the Custodian’s right
                                         to use Affiliates or third parties to perform or discharge, or assist it in the performance
                                         or discharge of, any obligations or duties under this Agreement other than the provision
                                         of the Services.

 

		17	Standard
                                         of Care and Liability 

 

		17.1	Standard
                                         of Care. The Custodian will at all times exercise the reasonable skill, care and
                                         diligence expected of a professional provider of custody services to institutional investors
                                         and act in good faith and in accordance with generally applicable industry standards
                                         and practices in the performance of its duties under this Agreement.

 

		17.2	Liability
                                         for Losses. Subject to the limitations and exclusions of liability in this Agreement,
                                         the Custodian will be liable for Losses suffered or incurred by the Client to the extent
                                         such Losses are caused by the negligence, wilful misconduct, bad faith or fraud of the
                                         Custodian in the performance of its obligations under this Agreement. The parties agree
                                         that “negligence” will mean a breach by the Custodian of its obligation to
                                         exercise the standard of care described in Section 17.1 above.

 

		17.3	Responsibility
                                         for Subcustodians. The Custodian will be liable to the Client for the acts and omissions
                                         of its Subcustodians as if it had committed such acts and omissions itself; provided
                                         that:

 

		17.3.1	compliance
                                         with the standard of care set out in Section 17.1 will be assessed in accordance with
                                         the standards and circumstances prevailing at the time of the act or omission in the
                                         local market or jurisdiction in which the Subcustodian is providing the relevant Services;
                                         and

 

		17.3.2	the
                                         Custodian will have no liability for Losses resulting from the insolvency or other financial
                                         default of a Subcustodian that is not an Affiliate of the Custodian except to the extent
                                         that such Losses are caused by the failure of the Custodian to exercise reasonable skill,
                                         care and diligence in the selection, monitoring and continued utilization of the Subcustodian
                                         as required under Section 14.2.

 

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		17.4	Responsibility
                                         for Special Subcustodians. Notwithstanding the provisions of Section 17.3 to the
                                         contrary, the Custodian shall not be liable to the Client for Losses suffered or incurred
                                         by the Client resulting from the acts or omissions of a Special Subcustodian, except
                                         to the extent such Losses are caused by the negligence, wilful misconduct, bad faith
                                         or fraud of the Custodian. In the event of any such Loss, the Custodian shall use commercially
                                         reasonable efforts to enforce such rights as it may have against any Special Subcustodian.

 

		17.5	Responsibility
                                         for Delegates. The Custodian will be liable to the Client for the acts and omissions
                                         of its Delegates as if it had committed such acts and omissions itself.

 

		17.6	Force
                                         Majeure. Neither Party will be in breach of this Agreement or liable for Losses arising
                                         by reason of the occurrence of a Force Majeure Event that prevents, hinders or delays
                                         it from or in performing its obligations under this Agreement, except, in the case of
                                         the Custodian, to the extent that such Losses are attributable to its breach of its business
                                         continuity obligations under this Agreement.

 

		17.7	No
                                         Liability for Certain Losses. The Custodian will not be liable to the Client for
                                         any Losses to the extent they arise from or are caused by:

 

		17.7.1	the
                                         Custodian acting upon any (i) Proper Instruction or (ii) if a Proper Instruction is not
                                         required in a particular circumstance, any other instruction, information, notice, request,
                                         consent, certificate, instrument or other writing that the Custodian reasonably believes
                                         to be genuine and to be signed or otherwise given by or on behalf of a person authorized
                                         to do so;

 

		17.7.2	a
                                         delay in processing or any failure to process any Proper Instruction to the extent permitted
                                         under Section 22, subject to the satisfaction of the conditions set out in that Section,
                                         as applicable;

 

		17.7.3	the
                                         failure of the Client or any person authorized by it to comply with the Client’s
                                         obligations under this Agreement; or

 

		17.7.4	any
                                         other acts and omissions of the Client, any person authorized by it or any third party,
                                         including any Third Party Agent, Market Participant, Authorized Data Source, CSD, or
                                         Financial Market Utility.

 

		17.8	Mutual
                                         Exclusion of Indirect and Other Loss. Notwithstanding any other provision of this
                                         Agreement, neither Party will be liable to the other for: (i) indirect, consequential,
                                         speculative, punitive or special Loss or (ii) loss of profit, revenue, opportunity, business,
                                         anticipated savings, goodwill and damage to reputation, or Loss of any similar kind;
                                         in each case whether or not a Party has been advised of or otherwise could have anticipated
                                         the possibility of such losses, except to the extent any such losses cannot be excluded
                                         or limited as a matter of Law applicable to either Party.

 

		18	Error
                                         Correction

 

		18.1	Error
                                         Correction. If an error results from an act or omission of the Custodian in performing
                                         the services under this Agreement, the Custodian may take such remedial action as it
                                         considers appropriate under the circumstances, which may include effecting corrective
                                         transactions involving the Client’s assets, where and to the extent reasonably
                                         necessary to place the Client in the position (or its equivalent) it would have been
                                         had the error not occurred. The Custodian will be responsible for Losses arising from
                                         its errors in accordance with the terms of this Agreement and will be entitled to retain
                                         gains arising from its errors or related remedial actions unless otherwise prohibited
                                         by Law. Where an error results in a series of related Losses and gains, the Custodian
                                         will be entitled to net gains against Losses when permitted by Law. The Custodian will
                                         notify or account to the Client, within a reasonable time of the occurrence of an error,
                                         for any Loss or gain associated with an error it has fully remediated.

  

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		19	Limits
                                         on the Scope of the Services

 

		19.1	No
                                         Fiduciary or Implied Duties. The Custodian is responsible only for the duties it
                                         has expressly undertaken under this Agreement and no other duties will be implied or
                                         inferred, including any fiduciary duties, except to the extent such fiduciary duties
                                         may not be disclaimed as a matter of Law.

 

		19.2	Investment
                                         and Other Risk, Client Compliance Matters. The Client bears the risk of investing
                                         in Securities or other assets or holding cash denominated in any currency or holding
                                         assets in a particular market, including investment risk and risk arising from the political,
                                         regulatory, legal or financial infrastructure of such market or otherwise arising from
                                         Local Market Practice. The Custodian is not responsible for monitoring or enforcing compliance
                                         by the Client or its Investment Manager(s) with any investment or other restriction,
                                         guideline or requirement imposed by the Client’s constituent documents or by contract
                                         or Law applicable to the Client in connection with investment activity undertaken by
                                         or on behalf of the Client.

 

		19.3	Data
                                         Accuracy. The Custodian has no responsibility for, or duty to review, verify or otherwise
                                         perform any investigation as to the completeness, accuracy or sufficiency of, any data
                                         or information provided by or on behalf of the Client, any persons authorized by the
                                         Client, any Third Party Agent, any Market Participant or any Authorized Data Sources,
                                         except to the extent the Custodian has agreed in writing to perform reconciliations,
                                         variance or tolerance checks or other specific forms of data review under this Agreement.

 

		19.4	Title.
                                         The Custodian is not responsible for title or entitlement to, validity or genuineness,
                                         including good deliverable form, of any asset received by the Custodian.

 

		19.5	Proceedings.
                                         The Custodian is not responsible for commencing legal or administrative proceedings
                                         on behalf of the Client or relating to the assets held under this Agreement, including
                                         in respect of the late payment of income or other payments due to the Client or amounts
                                         payable on Securities in default if payment is refused after due demand and presentment.

 

		19.6	Laws
                                         Applicable to the Custodian or Subcustodian. Laws applicable to the Custodian or
                                         a Subcustodian may from time to time prohibit or cause delays in the Custodian holding
                                         assets, acting on Proper Instructions or providing the Services to the Client in the
                                         manner contemplated by this Agreement. In such cases, the Custodian or Subcustodian will
                                         be entitled to comply with the Law and, where permitted by such Law, the Parties will
                                         seek to resolve the situation to the Parties’ mutual satisfaction.

 

		19.7	Securities
                                         on Loan. Asset servicing is not generally performed for securities on loan unless
                                         otherwise noted in this Agreement or agreed by the Parties in writing. Provision of such
                                         services with respect to securities on loan may be covered by a separate securities lending
                                         or services agreement.

  

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		20	Indemnity

 

		20.1	Indemnity
                                         by Client. Subject to this Section 20 and the exclusions and limitations of liability
                                         elsewhere in this Agreement, including Section 17.8, the Client will indemnify the Custodian
                                         against any direct Losses incurred by the Custodian (including Losses incurred by Subcustodians
                                         or Delegates for which the Custodian is liable) in connection with the performance of
                                         its duties under this Agreement, including acting on Proper Instructions and Losses incurred
                                         by virtue of being the holder of record of the Client’s Securities, except, in
                                         each case, to the extent such Losses result from the Custodian’s negligence, wilful
                                         misconduct, bad faith or fraud (or that of its Subcustodians or Delegates) in the discharge
                                         of the Custodian’s duties under this Agreement.

 

		20.2	Indemnity
                                         by Custodian. Subject to this Section 20 and the exclusions and limitations of liability
                                         elsewhere in this Agreement, including Section 17.7 and 17.8, the Custodian will indemnify
                                         the Client against any direct Losses incurred by the Client, in each case, to the extent
                                         such Losses result from the negligence, wilful misconduct, bad faith or fraud of the
                                         Custodian (or that of its Subcustodians or Delegates) in the discharge of the Custodian’s
                                         duties under this Agreement.

 

		20.3	Duty
                                         to Mitigate. Each Party will use reasonable efforts to mitigate any Losses in respect
                                         of which it claims indemnification under this Agreement.

 

		20.4	Notice
                                         of Claims. A Party seeking indemnification under this Section (“Indemnified
                                         Party”) against a third-party claim (“Indemnified Claim”) will promptly
                                         provide written notice of such claim to the Party obligated to indemnify (“Indemnifying
                                         Party”). The failure to notify the Indemnifying Party will not relieve such Party
                                         of any liability under this Section, except to the extent that such failure materially
                                         prejudices the investigation and/or defense of the Indemnified Claim.

 

		20.5	Right
                                         to Control Third Party Claims. The Indemnifying Party will, at its own expense, be
                                         entitled but not obligated to control and direct the investigation and defense of any
                                         Indemnified Claim, except where the Custodian is the Indemnified Party and is seeking
                                         indemnification from multiple customers for claims based on common facts or otherwise
                                         related to the Indemnified Claim, in which case the Custodian will have the right to
                                         control and direct the investigation and defense of such claim, at the expense of (i)
                                         the Indemnifying Party or (ii) all of the customers from which indemnification is sought,
                                         including the Indemnifying Party, pro rata, as appropriate. Where the Indemnifying Party
                                         controls and directs the investigation of the defence of the Indemnified Claim, the Indemnified
                                         Party may retain separate counsel at its own expense. If a conflict of interest exists
                                         between the Parties with respect to the defense of such claim, the reasonable cost of
                                         separate counsel will be an indemnified expense.

 

		20.6	Settlement
                                         of Claims. Neither Party may settle an Indemnified Claim without the consent of the
                                         other Party, which consent will not be unreasonably withheld, conditioned or delayed,
                                         provided that the Indemnifying Party will have the right to settle an Indemnified Claim
                                         without the consent of the Indemnified Party if such settlement:

 

		20.6.1	involves
                                         only the payment of money;

  

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		20.6.2	fully
                                         and unconditionally releases the Indemnified Party from any liability in exchange for
                                         the amount paid in settlement; and

 

		20.6.3	does
                                         not include any admission of fault or liability in relation to the Indemnified Party.

 

		20.7	Cooperation.
                                         In all cases, each Party will, as applicable, provide reasonable cooperation and
                                         assistance to the other Party and keep the other Party apprised as to the status of the
                                         Indemnified Claim, including any discussions relating to the settlement of the claim
                                         and the details of any settlement offer.

 

		21	Obligations
                                         of the Client

 

		21.1	Provide
                                         Information. The Client will provide or cause to be provided to the Custodian all
                                         data, information, documents and instructions concerning the Client and the investment
                                         activity of the Client in relation to the Portfolio as may be reasonably necessary or
                                         as the Custodian may reasonably request, in each case in a complete, accurate and timely
                                         manner, in order to enable the Custodian to discharge its duties under this Agreement.

 

		21.2	AML
                                         Compliance. The Client will comply with all applicable anti-money laundering, sanctions
                                         or other financial crime legislation applicable to it and will provide the Custodian
                                         with all necessary sanctions questionnaires, declarations and other documentation in
                                         order for the Custodian to comply with its anti-money laundering policy.

 

		21.3	Pass
                                         Through Representations. To the extent that the Custodian is required to give (or
                                         is deemed to have given) any representation, warranty or undertaking to a third party
                                         relating to the Client in accordance with normal market practice in connection with the
                                         execution of transaction documents or the issuance or transmission of trade notifications,
                                         confirmations and/or settlement instructions, whether using facsimile transmission, industry
                                         messaging or matching utilities and/or the proprietary software of Third Party Agents
                                         and Market Participants, CSDs or other Financial Market Utilities, the Client will be
                                         deemed to have made such representation, warranty or undertaking to the Custodian.

 

		21.4	Operational
                                         Requirements. The Client will adhere to the deadlines and other operational requirements
                                         set out in the Client Publications, to facilitate meeting the requirements of CSD’s,
                                         Third Party Agents and Market Participants.

 

		21.5	Client
                                         Review and Notification. In accordance with standard market practice, the Client
                                         will employ commercially reasonable review and control measures with respect to information
                                         provided by the Custodian under this Agreement and give the Custodian prompt written
                                         notice of any suspected error or omission or the Client’s inability to access any
                                         such Information so as to prevent, stem or mitigate any Losses that may arise from the
                                         use of inaccurate data or the inaccessibility of data.

 

		21.6	Fees.
                                         In consideration for the Services provided by the Custodian, the Client will pay
                                         the Fees as agreed in a written fee schedule or otherwise agreed in writing by the Parties
                                         from time to time. The Fees and any other amounts payable under this Agreement are stated
                                         exclusive of any sales, use, excise, value-added, services, consumption, withholding
                                         or other similar tax that is assessed on the supply of the Services under an agreement.
                                         Any such tax will be payable by the Client.

  

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		21.7	Client
                                         Publications. The Client will ensure that it provides the Custodian with and regularly
                                         updates, as necessary, e-mail and other contact details for its representatives to enable
                                         timely distribution and receipt of the Client Publications.

 

		22	Proper
                                         Instructions

 

		22.1	Dealings
                                         in Cash and Securities. The Custodian will effect all transactions and dealings in
                                         Cash and Securities under this Agreement in accordance with Proper Instructions, subject
                                         to any other rights it may have under this Agreement.

 

		22.2	Appointment
                                         of Authorized Persons. The Client and each Investment Manager will provide the Custodian
                                         with a list of the names and (if applicable) signatures, of Authorized Persons in a form
                                         agreed by the parties from time to time. The Custodian may rely upon the authority of
                                         each Authorized Person until it receives written notice to the contrary from the Client
                                         and has had a reasonable time to act on such notice.

 

		22.3	Authentication
                                         Procedures. The Custodian will implement Authentication Procedures. The Client acknowledges
                                         that the Authentication Procedures are intended to provide a commercially reasonable
                                         degree of protection against unauthorized transactions of certain types and are not designed
                                         to detect errors. Any purported Proper Instruction received by the Custodian in accordance
                                         with an Authentication Procedure will be taken to have originated from an Authorized
                                         Person and will constitute a Proper Instruction under this Agreement for all purposes.

 

		22.4	Security
                                         Measures by Client. The Client is responsible for ensuring that appropriate security
                                         measures are implemented to prevent unauthorized disclosure or use of any Authentication
                                         Procedure made available to it or an Investment Manager in connection with this Agreement.

 

		22.5	No
                                         Duty to Verify. Except to the extent the Custodian is required to comply with Authentication
                                         Procedures under Section 22.3 above, the Custodian has no duty to verify that personnel
                                         of the Client or any Investment Manager engaged in investment activity are authorized
                                         to do so or that any instructions received by the Custodian are duly authorized.

 

		22.6	Decline/Delay
                                         in Processing. The Custodian reserves the right to decline to process or delay the
                                         processing of any purported Proper Instruction where:

 

		22.6.1	the
                                         Custodian, in good faith, determines that the instruction may not have been properly
                                         authorized;

 

		22.6.2	the
                                         instruction is inaccurate, incomplete or unclear;

 

		22.6.3	the
                                         instruction conflicts with the terms of this Agreement or any Law applicable to either
                                         Party, Local Market Practice or the Custodian’s standard operating procedures;
                                         or

 

		22.6.4	the
                                         Custodian has not been given a reasonable time period to effect the instruction.

 

In
these circumstances, the Custodian will promptly seek authentication, clarification, correction or amendment of any Proper Instruction,
as the case may be.

 

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		22.7	Cancellation
                                         and Amendment. The Custodian will use reasonable efforts to act on Proper Instructions
                                         to cancel or amend previously issued Proper Instructions if:

 

		22.7.1	the
                                         Custodian has not already acted on the previously issued Proper Instructions; and

 

		22.7.2	the
                                         Proper Instruction to cancel or amend is received before the applicable deadlines specified
                                         from time to time in the Client Publications or applicable event notification.

 

The
Custodian is not responsible or liable if the request to cancel or amend cannot be satisfied.

 

		22.8	Oral
                                         Instructions. If applicable, the Custodian may act on an oral instruction (given
                                         in accordance with an agreed Authentication Procedure) before receipt of any written
                                         confirmation and irrespective of whether any subsequent written confirmation conforms
                                         to the oral instruction.

 

		22.9	Conflicting
                                         Claims. If there is a dispute or conflicting claim with respect to Securities or
                                         Cash held by the Custodian under this Agreement, the Custodian is entitled to refuse
                                         to act on a Proper Instruction of the Client or any Investment Manager in relation to
                                         the particular Securities or Cash until either (i) the dispute or conflicting claims
                                         have been finally determined by a court of competent jurisdiction or settled by agreement
                                         between the conflicting parties, and the Custodian has received written evidence satisfactory
                                         to it of such determination or agreement, or (ii) the Custodian has received an indemnity,
                                         security or both, satisfactory to it and sufficient to hold it harmless from and against
                                         any and all Losses which the Custodian may incur as a result of its actions.

 

		22.10	Matters
                                         Not Requiring Proper Instructions. The Client authorises the Custodian in the absence
                                         of Proper Instructions to attend to all matters which may be necessary or appropriate
                                         to discharge its duties and give effect to the terms of this Agreement, including the
                                         execution, in the Client’s name or on its behalf, of any affidavits, certificates
                                         of ownership and other certificates and documents relating to Securities.

 

		23	Creditors
                                         Rights

 

		23.1	Security.
                                         To secure the full and timely satisfaction of all Secured Liabilities, the Client
                                         hereby grants to the Custodian a security interest in and a right of retention, sale
                                         and set off, as applicable, against (i) all of the Client’s Cash, Securities, and
                                         other assets, whether now existing or hereafter acquired, in the possession or under
                                         the control of the Custodian or its Subcustodians pursuant to this Agreement and (ii)
                                         any and all cash proceeds of any of the above (collectively, the “Collateral”).

 

		23.2	Rights
                                         of the Custodian. In the event that the Client fails to satisfy in full any of the
                                         Secured Liabilities as and when due and payable, the Custodian will have, in addition
                                         to all other rights and remedies arising under this Agreement or under applicable Law,
                                         the rights and remedies of a secured party under applicable Law. Without prejudice to
                                         the Custodian’s other rights and remedies, the Custodian will be entitled, in each
                                         case as and to the extent reasonably necessary to satisfy in full the Secured Liabilities
                                         and any related transaction expenses, to (a) exercise its right of retention and withhold
                                         delivery of any Collateral and otherwise refuse to act on any Proper Instruction relating
                                         to such Collateral, (b) sell or otherwise realize any Collateral, and (c) set off the
                                         net proceeds of such sale or realization of Collateral and/or the amount of any deposit
                                         balances standing to the credit of the Client in any Cash Account(s) against such Secured
                                         Liabilities.

  

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		23.3	Exercise
                                         of Rights. The Custodian may exercise its rights and remedies against the Collateral
                                         in any manner (including by any method, at any time or place, and on any terms) as it
                                         deems, in good faith, to be commercially reasonable under the circumstances, and will
                                         use reasonable efforts to effect any sale of Collateral at the prevailing market price
                                         in the relevant market. Without limiting the foregoing, the Client acknowledges that
                                         it will be commercially reasonable for the Custodian to, among other things: (i) accelerate
                                         or cause the acceleration of the maturity of any fixed term deposits comprised in the
                                         Collateral and (ii) effect any necessary currency conversions through its own trading
                                         desk at such exchange rates as it determines in its reasonable discretion, which rates
                                         may include a mark-up from the rates the Custodian receives on the interbank market.

 

		23.4	Notice.
                                         The Custodian will use reasonable efforts to give the Client prior notice of any
                                         exercise of the right to sell or otherwise realize Collateral set forth above, provided
                                         that the Custodian will not be obligated to give prior notice to the Client or delay
                                         exercising its rights pending or after the provision of such notice if, in its reasonable
                                         judgment, giving such notice or any such delay would prejudice its ability to obtain
                                         satisfaction in full of the Secured Liabilities.

 

		24	Confidentiality
                                         and Use of Data

 

		24.1	Confidentiality
                                         

 

		24.1.1	No
                                         Disclosure Without Consent. Subject to Section 24.2 and Section 24.3, Confidential
                                         Information will not be disclosed by the Receiving Party to any third party without the
                                         prior consent of the Disclosing Party.

 

		24.1.2	No
                                         limitations of obligations under Agreement or at Law. Except as expressly contemplated
                                         by this Agreement, nothing in this Section 24 will limit the confidentiality and data-protection
                                         obligations of the Custodian and its Affiliates under this Agreement and Law applicable
                                         to the Custodian.

 

		24.2	Use
                                         of Confidential Information and Data

 

		24.2.1	Use
                                         of Confidential Information and Data generally. Subject to this Section 24.2 and
                                         Section 24.3, all Confidential Information, including Data, will be used by the Receiving
                                         Party for the purpose of providing or receiving services, as applicable, pursuant to
                                         this Agreement or otherwise discharging its obligations under this Agreement.

 

		24.2.2	Use
                                         of Data for Indicators. The Custodian and its Affiliates may use Data to develop,
                                         publish or otherwise distribute to third parties certain investor behavior “indicators”
                                         or “indices” that represent broad trends in the flow of investment funds
                                         into various markets, sectors or investment instruments (collectively, the “Indicators”),
                                         but only so long as (i) the Data is combined or aggregated with (A) information relating
                                         to other customers of the Custodian and/or (B) information derived from other sources,
                                         in each case such that the Indicators do not allow for attribution to or identification
                                         of such Data with the Client, an Investment Manager, any Affiliate of the Client or its
                                         Investment Manager, any investor of a Client, or any investment of the Client, (ii) the
                                         Data represents less than a statistically meaningful portion of all of the data used
                                         to create the Indicators and (iii) the Custodian publishes or otherwise distributes to
                                         third parties only the Indicators and under no circumstance publishes, makes available,
                                         distributes or otherwise discloses any of the Data to any third party, whether aggregated,
                                         anonymized or otherwise, except as expressly permitted under this Agreement.

  

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		24.2.3	Economic
                                         benefit from Indicators. The Client acknowledges that the Custodian may seek and
                                         realize economic benefit from the publication or distribution of the Indicators.

 

		24.3	Disclosure
                                         of Confidential Information and Data 

 

		24.3.1	Disclosure
                                         of Confidential Information to Representatives. The Receiving Party may disclose
                                         the Disclosing Party's Confidential Information without the Disclosing Party’s
                                         consent to its attorneys, accountants, auditors, consultants and other similar advisors
                                         that have a reasonable need to know such Confidential Information (“Representatives”),
                                         provided such Confidential Information is disclosed under obligations of confidentiality
                                         that prohibit the disclosure or use of such Confidential Information by the Representatives
                                         for any purpose other than the specific engagement with the Receiving Party for which
                                         the Representative has been retained and that are otherwise no less restrictive than
                                         the confidentiality obligations contained in this Agreement. The Parties acknowledge
                                         that use of Confidential Information by a Representative to represent its other clients
                                         in dealing with the Disclosing Party would constitute a breach of this Section 24.3.
                                         Where the Custodian is the Receiving Party, “Representatives” will include
                                         its Affiliates and Service Providers (as defined below).

 

		24.3.2	Disclosure
                                         and Use of Confidential Information by Custodian. The Custodian may disclose and
                                         permit use (as applicable) of Confidential Information of the Client without the Client’s
                                         consent:

 

24.3.2.1
        to its Affiliates and any of its third-party agents and service providers
(“Service Providers”) in connection with the provision of services, the discharge of its obligations under this Agreement
or the carrying out of any Proper Instruction, including in accordance with the standard practices or requirements of any Financial
Market Utility or in connection with the settlement, holding or administration of Cash, Securities or other instruments;

 

24.3.2.2
         to its Affiliates in connection with the management of the businesses of
the Custodian and its Affiliates, including, but not limited to, financial and operational management and reporting, risk management,
legal and regulatory compliance and client service management and marketing.

 

Where
possible, such Confidential Information must be disclosed under obligations of confidentiality or in a manner consistent with
industry practice.

 

		24.3.3	Confidential
                                         Information and Cloud Computing and Storage. Each Party may store Confidential Information
                                         with third-party providers of information technology services, and permit access to Confidential
                                         Information by such providers as reasonably necessary for the receipt of cloud computing
                                         and storage services and related hardware and software maintenance and support. Such
                                         Confidential Information must be disclosed under obligations of confidentiality.

  

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    Classification: Limited Access	 	 

 

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		24.3.4	Disclosure
                                         of Confidential Information to comply with law. The Receiving Party may disclose
                                         the Disclosing Party's Confidential Information to the extent such disclosure is required
                                         to satisfy any legal requirement (including in response to court-issued orders, investigative
                                         demands, subpoenas or similar processes or to satisfy the requirements of any applicable
                                         regulatory authority).

 

		24.3.5	Harm
                                         of Unauthorized Disclosure of Confidential Information. Each Party acknowledges that
                                         the disclosure to any non-authorized third party of Confidential Information or the use
                                         of Confidential Information in breach of this Agreement, may immediately give rise to
                                         continuing irreparable injury inadequately compensable in damages at law, and in such
                                         cases the Receiving Party agrees to waive any defense that an adequate remedy at law
                                         is available if the Disclosing Party seeks to obtain injunctive relief against any such
                                         breach or any threatened breach.

 

		24.3.6	Responsibility
                                         for Representatives. Each Party will be responsible for any use or disclosure of
                                         Confidential Information of the Disclosing Party in breach of this Agreement by its Representatives
                                         as though such Party had used or disclosed such Confidential Information itself.

 

		24.3.7	No
                                         Disclosure to Custodian Asset Manager Division. In no event will the Custodian allow
                                         representatives of its asset management division or Affiliates engaged in asset management
                                         to have access to or to use Confidential Information of the Client, including Data.

 

		25	Term
                                         and Termination 

 

		25.1	Term.
                                         This Agreement will commence on the Effective Date and will continue until terminated
                                         in accordance with this Section.

 

		25.2	Termination
                                         Rights. 

 

		25.2.1	Prior
                                         Notice. The Parties agree that:

 

25.2.1.1
         the Client may terminate this Agreement by giving not less than 30 days’
prior written notice to the Custodian; and

 

25.2.1.2
        the Custodian may terminate this Agreement by giving not less than 90 days’
prior written notice to the Client.

 

		25.2.2	Immediate
                                         Effect. A Party may terminate this Agreement with immediate effect at any time by
                                         written notice to the other Party, if:

 

25.2.2.1
        an Insolvency Event occurs in relation to the other Party;

 

25.2.2.2
        such other Party is the Client and fails to pay any undisputed Fees as and when
due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or

 

25.2.2.3
        such other Party commits a material breach of an obligation under this Agreement
and has failed to cure such breach within 30 days of receipt of notice requesting it to do so.

 

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If
the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 or 25.2.2, the Custodian will continue to provide the
Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably
expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian.

 

		25.3	Actions
                                         on Termination. 

 

		25.3.1	Successor
                                         Custodian. Upon termination of the Agreement, the Custodian will deliver the Portfolio
                                         to the successor custodian designated by the Client in Proper Instructions.

 

		25.3.2	Remaining
                                         Portfolio. If any part of the Portfolio remains in the possession of the Custodian
                                         or its Subcustodians after the date of termination because the Client fails to designate
                                         a successor custodian or otherwise, the Custodian may continue to provide the Services
                                         to the Client in consideration of the Fees, as if the Agreement had not terminated. If
                                         no successor custodian has been appointed on or before the termination of this Agreement,
                                         then the Custodian will have the right to deliver to a bank or trust company, which is
                                         a “bank” as defined in the 1940 Act, doing business in Boston, Massachusetts,
                                         or New York, New York, of its own selection, all Cash and Securities of the Client then
                                         held by the Custodian, and to transfer to an account of the bank or trust company all
                                         of the Securities of the Client held in any CSD. The transfer will be on such terms as
                                         are contained in this Agreement or as the Custodian may otherwise reasonably negotiate
                                         with the bank or trust company. Any compensation payable to the bank or trust company,
                                         and any cost or expense incurred by the Custodian, in connection with the transfer will
                                         be for the account of the Client.

 

		25.3.3	Payment
                                         of Fees. Upon termination of this Agreement, Fees will become due and payable for
                                         the period to the date of such termination, or, if later, to the date at which any part
                                         of the Portfolio held by the Custodian has been fully transferred to a successor custodian
                                         or to the Client, other than Fees subject to a bona fide good faith dispute.

 

		26	Representations
                                         and Warranties

 

26.1
        Each Party. Each Party represents and warrants to the other that: (i) it has
the power to enter into and perform its obligations under this Agreement; and (ii) it has duly executed this Agreement by duly
authorized persons so as to constitute valid and binding obligations of that Party.

 

26.2
        Client. The Client further represents and warrants to the Custodian that:
(i) it is the beneficial owner of the assets comprising the Portfolio or is entitled to deal with the assets comprising the Portfolio
under this Agreement as if it were beneficial owner; and (ii) unless otherwise agreed, the Client acts as principal for the purposes
of this Agreement and not as agent for another person.

 

26.3
        Custodian. The Custodian further represents and warrants to the Client that:
(i) it holds such authorisations and licences as are necessary to lawfully perform its obligations under this Agreement; and (ii)
it will seek to maintain such authorisations and licenses for the term of this Agreement.

  

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		27	Record
                                         Retention and Audit Rights

 

27.1
         Records. The Custodian will retain the records it is required to maintain
under this Agreement in accordance with the Law applicable to the Custodian.

 

27.2
        Client and Regulator Access. The Custodian will allow the Client and the Client’s
regulators or supervisory authorities to perform periodic on-site audits as may be reasonably required to examine the Custodian’s
performance of the Services.

 

27.3
        Frequency and Scope. For inspections requested by the Client (such request
will include reasonable advance notice) and agreed to by the Custodian, the Custodian reserves the right to impose reasonable
limitations on the number, frequency, timing, and scope of such audits.

 

27.4
        Limitations on Disclosure. Nothing contained in this Section will obligate
the Custodian to provide access to or otherwise disclose: (i) any information that is unrelated to the Client and the provision
of the Services to the Client; (ii) any information that is treated as confidential under the Custodian’s corporate policies,
including, without limitation, internal audit reports, compliance or risk management plans or reports, work papers and other reports,
and information relating to management functions; or (iii) any other documents, reports, or information that the Custodian is
obligated or entitled to maintain in confidence as a matter of law or regulation. In addition, any access provided to technology
will be limited to a demonstration by the Custodian of the functionality thereof and a reasonable opportunity to communicate with
the Custodian’s personnel regarding such technology.

 

		28	Business
                                         Continuity, Internal Controls and Information Security

 

28.1
        Business Continuity Plans. The Custodian will at all times maintain a business
contingency plan and a disaster recovery plan and will take commercially reasonable measures to maintain and periodically test
such plans. The Custodian will implement such plans following the occurrence of an event which results in an interruption or suspension
of the Services to be provided by the Custodian.

 

28.2
        Internal Controls Review and Report. The Custodian will retain a firm of independent
auditors to perform an annual review of certain internal controls and procedures employed by the Custodian in the provision of
the Services and issue a standard System and Organization Controls 1 or equivalent report based on such review. The Custodian
will provide a copy of the report to the Client upon request.

 

28.3
        Information Security Systems and Controls. The Custodian will maintain commercially
reasonable information security systems and controls, which include administrative, technical, and physical safeguards that are
designed to: (i) maintain the security and confidentiality of the Client’s data; (ii) protect against any anticipated threats
or hazards to the security or integrity of the Client’s data, including appropriate measures designed to meet legal and
regulatory requirements applying to the Custodian; and (iii) protect against unauthorized access to or use of the Client’s
data.

 

28.4
        Virus Detection. The Custodian will at all times employ a current version
of one of the leading commercially available virus detection software programs to test the hardware and software applications
used by it to deliver the Services for the presence of any computer code designed to disrupt, disable, harm, or otherwise impede
operation.

 

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    Classification: Limited Access	 	 

 

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		29	General

 

		29.1	Services
                                         Not Exclusive; Acting in Various Capacities. The Custodian, its Subcustodians and
                                         their Affiliates are part of groups of companies and businesses that, in the ordinary
                                         course of their business:

 

		29.1.1	provide
                                         a wide range of financial services to many clients of different kinds;

 

		29.1.2	engage
                                         in transactions for their own account (including acting as banker as outlined in Section
                                         4.4 and acting as foreign exchange counterparty as outlined in Section 13) or for the
                                         account of other clients;

 

which
may result in actual, perceived or potential conflicts between the interests of the Client and the interest of the Custodian,
its Subcustodians and their Affiliates or between the interests of clients. The Custodian maintains a conflicts of interest policy,
and has implemented procedures and arrangements to identify and manage conflicts of interest.

 

29.2
       Disclosure of Conflicts. In connection with the matters outlined in Section 29.1.1,
the Custodian, its Subcustodians and their Affiliates:

 

		29.2.1	may
                                         do business with each client on different contractual or financial terms;

 

		29.2.2	will
                                         seek to profit and is entitled to receive and retain profits and compensation in connection
                                         with such activities without any obligation to account to the Client for the same;

 

		29.2.3	may
                                         act as principal in its own interests, or as agent for its other clients;

 

		29.2.4	may
                                         act or refrain from acting based upon information derived from such activities that is
                                         not available to the Client;

 

		29.2.5	are
                                         not under a duty to notify or disclose to the Client any information which comes to their
                                         notice as a result of such activities; and

 

		29.2.6	do
                                         not have an obligation to consider, act in, or provide information to the Client in respect
                                         of, the interests of the Client in connection with such activities, except to the extent
                                         (if any) expressly agreed in writing with the Client under the contractual arrangements
                                         governing those activities.

 

The
Custodian may (but is not required to) make any disclosure or notification in connection with such activities to the Client via
publication on MyStateStreet.com or other notification mechanism.

 

29.3
       Notice. Unless otherwise specified, all notices, requests, demands and other communications
under this Agreement (other than routine operational communications), will be in writing and will be taken to have been given:

 

		29.3.1	when
                                         delivered by hand;

 

		29.3.2	on
                                         the next Business Day after being sent by e-mail (unless the sender receives an automated
                                         message that the e-mail has not been delivered);

 

		29.3.3	on
                                         the next Business Day after being sent by overnight courier service for next Business
                                         Day delivery; or

  

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    Classification: Limited Access	 	 

 

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		29.3.4	on
                                         the third Business Day after being sent by certified or registered mail, return receipt
                                         requested;

 

in
each case to the applicable Party at the address or e-mail address specified on Schedule 2, or such other address or e-mail
address as a Party may specify by written notice from time to time.

 

29.4
          Waiver. No failure on the part of any Party to exercise, and no
delay on its part in exercising, any right or remedy under this Agreement will operate as a waiver, nor will any single or partial
exercise of any right or remedy preclude any other or further exercise of that right or remedy, or the exercise of any other right
or remedy.

 

29.5
          Sole Remedy. Subject to the right to seek relief under the specific
circumstances expressly permitted in this Agreement, each of the Custodian and the Client agrees that, to the maximum extent permitted
by law, a claim for breach of contract under and consistent with the terms of this Agreement will be the sole and exclusive remedy
available for any and all matters arising from or in any way relating to this Agreement, the provision of the Services or any
conduct (including omissions and alleged conduct) relating to the Agreement or provision of the Services, whether before, during
or after the term of this Agreement. Accordingly, to the maximum extent permitted by law, each of the Custodian and the Client,
on behalf of itself and its Affiliates, waives any and all other rights and remedies that otherwise would be available to such
party in law or equity.

 

29.6
          Assignment and Successors. The terms of this Agreement are binding
on the Parties’ representatives, successors and permitted assigns and this Agreement and any rights or obligations under
this Agreement may not be assigned or transferred without the prior written consent of the other Party. However, in the event
that either Party becomes the subject of an Insolvency Event, then such Party will have the right to assign or transfer its rights
and obligations under this Agreement to any entity to which the Party transfers its business and assets (including a bridge bank
or similar entity) and the other Party irrevocably consents to such assignment or transfer.

 

29.7          
Entire Agreement. This Agreement is the complete and exclusive agreement of the Parties regarding the Services and supersedes,
as of the Effective Date, all prior oral or written agreements, arrangements or understandings between the parties relating to
the Services.

 

29.8
          Amendments. This Agreement may be amended by written agreement
between the Parties. However, the Custodian may amend this Agreement by giving written notice to the Client of such proposed amendment
and the Client will be taken to have consented to the amendment if the Client does not affirmatively object in writing within
thirty (30) days.

 

29.9          
Counterparts and Electronic Signatures. This Agreement may be executed in separate counterparts, each of which will be an
original, but which together will constitute one and the same agreement. Counterparts may be executed in either original or electronically
transmitted form (e.g., faxes or emailed portable document format (PDF) form), and the Parties adopt as original any signatures
received in electronically transmitted form. This Agreement may be executed by electronic signature (whatever form the electronic
signature takes) and the Parties agree that this method of signature is as conclusive of the intention to be bound by this Agreement
as if signed by the Parties’ manuscript signatures.

  

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29.10
           Severance. In the event that any part of this Agreement will
be determined to be void or unenforceable for any reason, the rest of this Agreement will be unaffected (unless the essential
purpose hereof is substantially frustrated by such determination) and will be enforceable in accordance with the rest of its terms
as if the void or unenforceable part were not a part of this Agreement.

 

29.11
           Survival. The provisions of Sections 10 (Tax Withholding and
Tax Relief), 17 (Standard of Care and Liability), 20 (Indemnity), 21 (Obligations of the Client-Fees), 23 (Creditors Rights),
24 (Confidentiality and Use of Data) and 25.3 (Actions on Termination) are continuing obligations and will survive termination
of this Agreement for any reason.

 

29.12
          Governing Law and Jurisdiction. This Agreement is governed by and interpreted
in accordance with the laws of the Commonwealth of Massachusetts, and any disputes which may arise out of, under or in connection
with this Agreement will be determined by the exclusive jurisdiction of the Massachusetts courts.

 

29.13
           Reserved.

 

29.14
           Qualified Financial Contracts. In the event that the Client is
domiciled and organized outside of the United States, such Client and the Custodian hereby agree to be bound by the terms of the
QFC addendum attached hereto as Appendix B.

 

29.15
           The Parties; Additional Clients

 

		29.15.1	All
                                         references in this Agreement to the “Client” are to each of the client entities
                                         listed on Appendix A, individually, as if this Agreement were between the relevant
                                         individual Client and the Custodian. Any reference in this Agreement to “the Parties”
                                         shall mean the Custodian and the individual Client as to which the matter relates.

 

		29.15.2	If
                                         any entity in addition to those listed on Appendix A would like the Custodian
                                         to render Services under the terms of this Agreement, the entity may notify the Custodian
                                         in writing. If the Custodian agrees in writing to provide the services, Appendix A
                                         will be taken to be amended to include such entity as a Client and that entity (together
                                         with the Custodian) will be bound by all Sections of this Agreement.

 

		30.	Remote
                                         Access Services Addendum. 

 

The
Custodian and the Client agree to be bound by the terms of the Remote Access Services Addendum attached hereto. The Client acknowledges
that the data and information it will be accessing from the Custodian is unaudited and may not be accurate due to inaccurate pricing
of securities, delays of a day or more in updating the relevant account and other causes for which the Custodian will not be liable
to the Client.

  

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		31.	Loan
                                         Services Addendum. 

 

If
the Client directs the Custodian in writing to perform loan services, the Custodian and the Client will be bound by the terms
of the Loan Services Addendum attached hereto. The Client shall reimburse Custodian for its fees and expenses related thereto
as agreed upon from time to time in writing by the Client and the Custodian.

  

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    Classification: Limited Access	 	 

 

25

 

	Signed by the Parties:	 
	 	 	 
	T. ROWE PRICE OHA PRIVATE CREDIT FUND	 
	 	 	 
	By:	/s/ Gerard R Waldt Jr	 
	 	 	 
	Name:	Gerard R Waldt Jr	 
	 	 	 
	Title:	MD, CFO of BDCs	 
	 	 	 
	Date:	10/12/22	 

 

	STATE STREET BANK AND TRUST COMPANY	 
	 	 	 
	By:	/s/ Fred Willshire	 
	 	 	 
	Name:	Fred Willshire

    Senior Managing Director	 
	 	 	 
	Title:	 	 
	 	 	 
	Date:	10/13/2022	 

  

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    Classification: Limited Access	 	 

 

26

 

Schedule
1

Definitions

 

In
this Agreement:

 

“1940
Act” means the U.S. Investment Company Act of 1940, as amended from time to time.

 

“Affiliate”
means, with respect to any person, any other person Controlling, Controlled by, or under common Control with, such person
at the time in question. For these purposes. “Control” and its derivatives “Controlled” and “Controlling”
mean, with regard to any person: (i) the legal or beneficial ownership, directly or indirectly, of fifty percent (50%) or more
of the issued share capital or capital stock of that person (or other ownership interest, if not a corporation); (ii) the ability
to control, directly or indirectly, fifty per cent (50%) or more of the voting power in relation to that person; or (iii) the
legal power to direct or cause the direction of the general management and policies of that person, provided that where Control
is being determined with respect to a person that is a limited partnership, Control shall be determined by reference to the satisfaction
of any of the above tests with respect to the general partner of the limited partnership

 

“Alternative
Assets” means derivatives, real estate, commodities, private placements, loans, infrastructure holdings, private equity
holdings, hedge fund holdings or such other assets (i) not typically held in book-entry form and (ii) not typically held in accounts
registered in the name of the Custodian or a Subcustodian, in each case as determined by the Custodian.

 

“Authentication
Procedures” means the use of security codes, passwords, tested communications or other authentication procedures as
may be agreed upon in writing by Parties from time to time for purposes of enabling the Custodian to verify that purported Proper
Instructions have been originated by an Authorized Person, and will include a Funds Transfer and Transaction Origination Policy
Agreement.

 

“Authorized
Data Sources” means third party sources of data and information utilized by the Custodian in the provision of the Services,
including issuer and issuer group data; security characteristics and classifications; security prices (OTC and exchange traded);
ratings (issuer and issue); exchange, interest, discount and coupon rates; corporate action, dividend, income and tax data; benchmark,
index, composite and indice related data (including values, constituents, weights and performance); and other reference and market
data and information necessary for the performance of the Services.

 

“Authorized
Person” means a person authorized to give Proper Instructions and otherwise act on the Client’s behalf in connection
with this Agreement.

 

“Business
Day” means a day on which the Custodian or the relevant Subcustodian is open for business in the market or country in
which a transaction or an action by a Party takes place.

 

“Board”
means, in relation to a Client, the board of directors, trustees or other governing body of the Client.

 

“Cash”
means cash in any currency from time to time deposited with the Custodian or Subcustodian under this Agreement.

 

“Cash
Account” has the meaning given to it in Section 4.1.

 

“Client”
means the party named in the preamble. In the case of an investment entity that is structured as a series organization or umbrella
scheme, all references in this Agreement to the “Client” are to the individual series or scheme, as applicable.

 

 

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27 

“Client
Publications” means the general client publications of the Custodian from time to time available to clients and their
investment managers, including the Investment Managers’ Guide, Client Guide, Guide to Custody in World Markets, and FX Client
Guide.

 

“Collateral”
has the meaning given to it in Section 23.1.

 

“Confidential
Information” means all information provided by or on behalf of a party (the “Disclosing Party”) to the other
party (the “Receiving Party”), or collected by a Receiving Party, under or pursuant to this Agreement that is marked
"confidential", "restricted", “proprietary” or with a similar designation, or that the Receiving
Party knows or reasonably should know is confidential, proprietary or a trade secret. The terms and conditions of this Agreement
(including any related fee schedule or arrangement) and any Fees will be treated as Confidential Information as to which each
Party is a Disclosing Party. Confidential Information will not include information that: (i) is publicly available when provided
or thereafter becomes publicly available, other than through a breach of this Agreement: (ii) was known to the Receiving Party
(without an obligation of confidentiality) prior to its disclosure; (iii) is independently developed by the Receiving Party without
the use of other Confidential Information; (iv) is rightfully obtained on a non-confidential basis from a third party source.

 

“Contractual
Settlement” has the meaning given to it in Section 5.2.

 

“Corporate
Actions” means warrant and option exercises, conversions, exchanges and other capital reorganizations, calls, odd lot
tenders/credits, bonus rights, subscription offers/rights, puts, maturities of securities, redemptions, mergers, tender or exchange
offers, and rights exercises and expirations. Corporate Actions do not include class actions.

 

“Corporate
Actions Deadline Date” has the meaning given to it in Section 6.2.

 

“Covered
Foreign Country” means a country listed on Schedule A, which list of countries may be amended from time to time at the
request of any Client and with the agreement of the Foreign Custody Manager.

 

“CSD”
or “Central Securities Depository” means an entity or generally recognised book-entry or other settlement system
or clearing house, central clearing counterparty or agency, acting as a local securities depository, central securities depository
or international securities depository, the use of which is customary for securities settlement activities in the jurisdiction(s)
in which it holds Securities or Cash in connection with this Agreement, and through which the Custodian may transfer, settle,
clear, deposit or maintain Securities whether in certificated or uncertificated form and will include any services provided by
any network service provider or carriers or settlement banks used by a CSD.

 

“Data”
means any Confidential Information of the Client relating to its holdings, transactions or other information that the Custodian
obtains with respect to the Client in connection with the provision of the Services under this Agreement or any other agreement.

 

“Delegate”
means any agent, subcontractor, consultant and other third party, whether affiliated or unaffiliated with the Custodian. The term
Delegate does not include Subcustodians, CSDs, Authorized Data Sources, suppliers of information technology or related services,
or Financial Market Utilities.

 

“Effective
Date” has the meaning given to it in the preamble.

 

“Eligible
Foreign Custodian” has the meaning set out in Section (a)(1) of Rule 17f-5.

 

“Eligible Securities Depository”
has the meaning set out in section (b)(1) of Rule 17f-7.

 

 

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Classification: Limited Access

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“Fees”
means the fees charged by the Custodian in consideration for providing the Services and the costs, expenses and disbursements
of the Custodian to be reimbursed by the Client, as agreed between the parties from time to time in a separate written fee schedule,
or as otherwise agreed in writing.

 

“Financial
Market Utility” means any multilateral system for transferring, clearing, and settling payments, securities, and other
financial transactions among or between financial institutions, including payment systems, central securities depositories, securities
settlement systems, central counterparties and trade repositories.

 

“Force
Majeure Event” means any event or circumstances beyond the reasonable control of the Custodian, including nationalization,
expropriation, currency restrictions, suspension or disruption of the normal procedures and practices, or disruption of the infrastructure,
of any securities market or CSD, interruptions in telecommunications or utilities, acts of war or terrorism, riots, revolution,
acts of God or other similar events or acts.

 

“Foreign
Assets” means a Client’s Securities or other investments (including non-U.S. Cash) for which the primary market
is outside the United States, and any cash and cash equivalents that are reasonably necessary to effect transactions in those
investments.

 

“Foreign
Custody Manager” has the meaning set forth in section (a)(3) of Rule 17f-5.

 

“Foreign Securities System”
means an Eligible Securities Depository listed on Schedule B.

 

“Indemnified
Claim”, “Indemnified Party” and “Indemnifying Party” each have the meaning
given to them in Section 20.4.

 

“Insolvency
Event” means the occurrence of any of the following events in relation to any person:

(i)
the person generally does not pay its debts as such debts become due, or admits in writing its inability to pay its debts generally,
or makes a general assignment for the benefit of creditors; or (ii) any proceeding is instituted by or against such person seeking
to adjudicate it a bankrupt or insolvent, or seeking liquidation, winding up, reorganization, arrangement, adjustment, protection,
relief, or composition of it or its debts under any law relating to bankruptcy, insolvency or reorganization or relief of debtors,
or seeking the entry of an order for relief or the appointment of a receiver, trustee, or other similar official for it or for
any substantial part of its property and, where any such proceeding is instituted against (but not by) such person, such person
does not promptly seek dismissal of such proceeding or its motion or request to dismiss such proceeding is denied (whether or
not on an initial, interim or final basis); or (iii) such person proposes or takes any corporate action to authorize any of the
preceding actions or anything analogous to the foregoing events occurs in relation to such person under the laws of any jurisdiction.

 

“Investment
Document” means any agreement, subscription, assignment or other document evidencing in physical form an investment
of the Client, or providing for the ownership by the Client, in each case that is acceptable to the Custodian. For the avoidance
of doubt, it does not include any Security, instrument, certificate, title, agreement or other document that is accompanied by
a stock power or instrument of assignment, endorsed to the Custodian or in blank.

 

“Investment
Manager” means each person specified as such by the Client, including its agents and delegates.

 

“Law”
means any statute, ordinance, order, judgment, decree, subordinate legislation, rule or regulation promulgated by any regulatory,
administrative or judicial authority or otherwise in force in any jurisdiction, applicable to a Party, that relates to the performance
by such Party of the Services or obligations under this Agreement.

 

 

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Classification: Limited Access

29 

“Local
Market Practice” means the customary or established practices, procedures and terms in the jurisdiction or market where
a transaction occurs, including the rules and procedures of any exchange or over the counter market and any practical constraints
that exist with respect to the exercise of shareholder rights, realisation of entitlements or the sale, exchange, purchase, transfer
or delivery of Cash or Securities.

 

“Losses”
means all direct losses, damages, claims, costs, expenses or other liabilities (including reasonable attorneys’ fees and
other litigation expenses).

 

“Market
Participant” means any issuer, intermediary, exchange, transaction counterparty or other market participant.

 

“Off
Book Cash” has the meaning given to it in Section 4.2.

 

“On Book Cash” has the meaning given to it
in Section 4.2.

 

“Parties”
means the parties set out at the beginning of this Agreement.

 

“Portfolio”
means the Securities and Cash delivered to and held by the Custodian which comprise the assets of the Client over which the Custodian
provides the Services pursuant to this Agreement.

 

“Proper
Instructions” means instructions (which may be standing instructions and which includes any security trade advice) received
by the Custodian through an agreed Authentication Procedure in any of the following forms:

 

	(i)	in
                                         writing given by an Authorized Person including a facsimile transmission;

 

	(ii)	in
                                         an electronic communication as may be agreed upon between the Custodian and the Client
                                         in writing from time to time; or

 

	(i)	by
such other means as may be agreed from time to time by the Custodian and the Client .

 

“Rule
17f-4, Rule 17f-5, and Rule17f-7” means Rule 17f-4, Rule 17f-5 and Rule 17f-7 promulgated under the 1940 Act.

 

“Schedule”
or “Schedules” are all of the schedules referenced herein and attached to this Agreement.

 

“Secured
Liabilities” means all liabilities or obligations owed by the Client to the Custodian or its Affiliates relating to
this Agreement, including: (a) the obligations of the Client to the Custodian or its Affiliates in relation to any advance of
cash or securities or any other extension of credit for any purpose; (b) the obligations of the Client to compensate the Custodian
for the provision of the Services; and (c) the indemnity obligations of the Client to the Custodian under Section 20.

 

“Securities”
means securities and such other similar assets as the Custodian may from time to time accept into custody under this Agreement.

 

“Securities
Account” has the meaning given to it in Section 3.2.

 

“Services”
means the services to be provided by the Custodian to the Client in accordance with this Agreement.

 

“Special
Subcustodian” has the meaning given to it in Section 14.3.

 

“Subcustodian”
means any qualified bank, credit institution, trust company or other entity appointed by the Custodian to perform safekeeping,
processing and other elements of the Services, including Affiliates or non-Affiliates of the Custodian.

 

 

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Classification: Limited Access

30 

“Third
Party Agent” means any provider of services to the Client (other than the Custodian, a Subcustodian or Delegate under
this Agreement) including any Investment Manager, adviser or sub-advisor, distributor, broker, dealer, transfer agent, administrator,
accounting agent, audit firm, tax firm, or law firm.

 

“UCC”
means the Uniform Commercial Code of the Commonwealth of Massachusetts, as in effect from time to time.

 

“U.S.”
shall mean the United States of America.

 

“U.S.
CSD” means a CSD authorized by the U.S. Department of the Treasury or a “clearing corporation” as defined
in Section 8-102 of the UCC.

 

Interpretation:
Capitalised terms used in this Agreement have the meanings given to them in this Schedule 1 unless otherwise defined. In this
Agreement references to “persons” will include legal as well as natural persons or entities, references importing
the singular will include the plural (and vice versa), use of the masculine pronoun will include the feminine, use of the terms
“include”, “includes” or “including” shall be deemed to be followed by the phrase “without
limitation” and any specific examples given following the use of such terms shall be illustrative and in no way limit the
general meaning of the words preceding them and numbered schedules, exhibits or Sections will (unless the contrary intention appears)
be construed as references to such schedules and exhibits hereto and Sections herein bearing those numbers and any sub-sections
thereof. The schedules and exhibits hereto are hereby incorporated herein by reference.

 

 

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Classification: Limited Access

31 

Schedule
2

Notices

 

(Section
29)

 

	CUSTODIAN:	STATE STREET BANK AND TRUST
    COMPANY]

 

	Attention:	Senior Vice President –
    Custody Operations

 

	CC:	Legal Department

 

	Address:	John Adams Building, 1776
    Heritage Drive, Floor JAB5N
	 	 
	 	North Quincy, MA 02171

 

	Telephone No:	617-662-7245

 

	Email:	PE-PEP-CUSTODY@StateStreet.com

 

 

 

	CLIENT:	T. ROWE PRICE OHA PRIVATE
    CREDIT FUND

 

	Attention:	Gerard Waldt – Chief
    Financial Officer

 

	Address:	c/o Oak Hill Advisors, L.P.
	 	 
	 	1 Vanderbilt Avenue, 16th Floor
	 	 
	 	New York, NY 10017

 

	Telephone No:	212-852-1906

 

	Email:	gwaldt@oakhilladvisors.com

 

 

 

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Classification: Limited Access

32 

Appendix
A

List
of Client Entities

 

	Client Name	 	Jurisdiction of Formation

 

	T. ROWE PRICE OHA PRIVATE CREDIT FUND	 	Delaware

 

 

 

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Classification: Limited Access

33 

Appendix
B

QFC
Addendum

 

Opt-In
to U.S. Special Resolution Regime. Notwithstanding anything to the contrary in this Agreement or any other agreement, the
parties hereto expressly acknowledge and agree that:

 

(a)        In the event the Custodian becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer or assignment
of this Agreement (and any interest and obligation in or under, and any property securing, this Agreement) by the Custodian will
be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement
(and any interest and obligation in or under, and any property securing, this Agreement) were governed by the laws of the United
States or a state of the United States; and

 

(b)        In the event the Custodian or an Affiliate of the Custodian becomes subject to a proceeding under a U.S. Special Resolution Regime,
Default Rights with respect to this Agreement that may be exercised against the Custodian are permitted to be exercised to no
greater extent than the Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement (and any
interest and obligation in or under, and any property securing, this Agreement) were governed by the laws of the United States
or a state of the United States.

 

Adherence
to the ISDA Protocol. At such times as the parties to this Agreement have adhered to the ISDA Protocol and this Agreement
is or is deemed modified or amended by the ISDA Protocol, with respect to such adhering parties the terms of the ISDA Protocol
will supersede the terms of this QFC Addendum as included as part of this Agreement, and in the event of any inconsistency between
this QFC Addendum and the ISDA Protocol, the ISDA Protocol will prevail.

 

Definitions.
As used in this QFC Addendum:

 

“Affiliate”
has the meaning given in section 2(k) of the Bank Holding Company Act (12 U.S.C. §1841(k)) and section 225.2(a) of the Federal
Reserve Board's Regulation Y (12 CFR § 225.2(a)).

 

“Default
Right” means any:

 

(i)
right of a party, whether contractual or otherwise (including, without limitation, rights incorporated by reference to any other
contract, agreement, or document, and rights afforded by statute, civil code, regulation, and common law), to liquidate, terminate,
cancel, rescind, or accelerate such agreement or transactions thereunder, set off or net amounts owing in respect thereto (except
rights related to same-day payment netting), exercise remedies in respect of collateral or other credit support or property related
thereto (including the purchase and sale of property), demand payment or delivery thereunder or in respect thereof (other than
a right or operation of a contractual provision arising solely from a change in the value of collateral or margin or a change
in the amount of an economic exposure), suspend, delay, or defer payment or performance thereunder, or modify the obligations
of a party thereunder, or any similar rights; and

 

(ii)
right or contractual provision that alters the amount of collateral or margin that must be provided with respect to an exposure
thereunder, including by altering any initial amount, threshold amount, variation margin, minimum transfer amount, the margin
value of collateral, or any similar amount, that entitles a party to demand the return of any collateral or margin transferred
by it to the other party or a custodian or that modifies a transferee’s right to reuse collateral or margin (if such right previously
existed), or any similar rights, in each case, other than
a right or operation of a contractual provision arising solely from a change in the value of collateral or margin or a change
in the amount of an economic exposure.

 

 

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Classification: Limited Access

34 

 

“ISDA”
refers to the International Swaps and Derivatives Association, Inc.

 

“ISDA
Protocol” means the ISDA 2018 U.S. Resolution Stay Protocol as published by ISDA as of July 31, 2018.

 

“U.S.
Special Resolution Regime” means the Federal Deposit Insurance Act (12 U.S.C. §1811–1835a) and regulations promulgated
thereunder and Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act (12 U.S.C. § 5381–5394) and
regulations promulgated thereunder.

 

 

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Classification: Limited Access

35 

Remote
Access Services Addendum to Custody Agreement

 

ADDENDUM
to that certain Custody Agreement dated as of October 13, 2022, between each entity identified
on Appendix A thereto (“you” or the “Customer”) and State
Street Bank and Trust Company, including its subsidiaries and affiliates (“State Street”).

 

State
Street has developed and/or utilizes proprietary or third party accounting and other systems in conjunction with the services
that State Street provides to you. In this regard, State Street maintains certain information in databases under State Street
ownership and/or control that State Street makes available to customers (the “Remote Access Services”).

 

The
Services

 

State
Street agrees to provide you, the Customer, and your designated employees, investment advisors, consultants or other third parties
who agree to abide by the terms of this Addendum (“Authorized Designees”) with access to State Street proprietary
and third party systems as may be offered by State Street from time to time (each, a “System”) on a remote basis.

 

Security
Procedures

 

You
agree to comply, and to cause your Authorized Designees to comply, with remote access operating standards and procedures and
with user identification or other password control requirements and other security devices and procedures as may be issued or
required from time to time by State Street or its third party vendors for use of the System and access to the Remote Access
Services. You are responsible for any use and/or misuse of the System and Remote Access Services by your Authorized
Designees. You agree to advise State Street immediately in the event that you learn or have reason to believe that any person
to whom you have given access to the System or the Remote Access Services has violated or intends to violate the terms of
this Addendum and you will cooperate with State Street in seeking injunctive or other equitable relief. You agree to
discontinue use of the System and Remote Access Services, if requested, for any security reasons cited by State Street and
State Street may restrict access of the System and Remote Access Services by you or any Authorized Designee for security
reasons or noncompliance with the terms of this Addendum at any time.

 

Fees

 

Fees
and charges for the use of the System and the Remote Access Services and related payment terms shall be as set forth in the
RAA Fee Schedule in effect from time to time between the parties (the “RAA Fee Schedule”). You shall be
responsible for any tariffs, duties or taxes imposed or levied by any government or governmental agency by reason of the
transactions contemplated by this Addendum, including, without limitation, federal, state and local taxes, use, value added
and personal property taxes (other than income, franchise or similar taxes which may be imposed or assessed against State
Street). Any claimed exemption from such tariffs, duties or taxes shall be supported by proper documentary evidence delivered
to State Street.

 

Proprietary
Information/Injunctive Relief

 

The
System and Remote Access Services described herein and the databases, computer programs, screen formats, report formats,
interactive design techniques, formulae, processes, systems, software, knowhow, algorithms, programs, training aids, printed
materials, methods, books, records, files, documentation and other information made available to you by State Street as part
of the Remote Access Services and through the use of the System and all copyrights, patents, trade secrets and other
proprietary and intellectual property rights of State Street and third party vendors related thereto are the exclusive,
valuable and confidential proprietary property of State Street and its relevant licensors and third party vendors (the
“Proprietary Information”). You agree on behalf of yourself and your Authorized Designees to keep the Proprietary
Information confidential and to limit access to your employees and Authorized Designees (under a similar duty of
confidentiality) who require access to the System for the purposes intended. The foregoing shall not apply to Proprietary
Information in the public domain or required by law to be made public.

 

 

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Classification: Limited Access

36 

You
agree to use the Remote Access Services only in connection with the proper purposes of this Addendum. You will not, and will
cause your employees and Authorized Designees not to, (i) permit any third party to use the System or the Remote Access
Services, (ii) sell, rent, license or otherwise use the System or the Remote Access Services in the operation of a service
bureau or for any purpose other than as expressly authorized under this Addendum, (iii) use the System or the Remote Access
Services for any fund, trust or other investment vehicle without the prior written consent of State Street, or (iv) allow or
cause any information transmitted from State Street's databases, including data from third party sources, available through
use of the System or the Remote Access Services, to be published, redistributed or retransmitted for other than use for or on
behalf of yourself, as our Customer.

 

You
agree that neither you nor your Authorized Designees will modify the System in any way, enhance, copy or otherwise create derivative
works based upon the System, nor will you or your Authorized Designees reverse engineer, decompile or otherwise attempt to secure
the source code for all or any part of the System.

 

You
acknowledge that the disclosure of any Proprietary Information, or of any information which at law or equity ought to remain
confidential, will immediately give rise to continuing irreparable injury to State Street or its third party licensors and
vendors inadequately compensable in damages at law and that State Street shall be entitled to obtain immediate injunctive
relief against the breach or threatened breach of any of the foregoing undertakings, in addition to any other legal remedies
which may be available.

 

Limited
Warranties

 

State
Street represents and warrants that it is the owner of and/or has the right to grant access to the System and to provide the Remote
Access Services contemplated herein. Because of the nature of computer information technology, including but not limited to the
use of the Internet, and the necessity of relying upon third party sources and data and pricing information obtained from third
parties, the System and Remote Access Services are provided “AS IS” without warranty express or implied including
as to availability of the System, and you and your Authorized Designees shall be solely responsible for the use of the System
and Remote Access Services and investment decisions, results obtained, regulatory reports and statements produced using the Remote
Access Services. State Street and its relevant licensors and third party vendors will not be liable to you or your Authorized
Designees for any direct or indirect, special, incidental, punitive or consequential damages arising out of or in any way connected
with the System or the Remote Access Services, nor shall any party be responsible for delays or nonperformance under this Addendum
arising out of any cause or event beyond such party’s control.

 

EXCEPT
AS EXPRESSLY SET FORTH IN THIS ADDENDUM, STATE STREET FOR ITSELF AND ITS RELEVANT LICENSORS AND THIRD PARTY VENDORS EXPRESSLY
DISCLAIMS ANY AND ALL WARRANTIES CONCERNING THE SYSTEM AND THE SERVICES TO BE RENDERED HEREUNDER, WHETHER EXPRESS OR IMPLIED,
INCLUDING WITHOUT LIMITATION ANY WARRANTY OF MERCHANTIBILITY OR FITNESS FOR A PARTICULAR PURPOSE.

 

Infringement

 

State
Street will defend or, at our option, settle any claim or action brought against you to the extent that it is based upon an assertion
that access to or use of State Street proprietary systems by you under this Addendum constitutes direct infringement of any United
States patent or copyright or misappropriation of a trade secret, provided that you notify State Street promptly in writing of
any such claim or proceeding and cooperate with State Street in the defense of such claim or proceeding and allow State Street
sole control over such claim or proceeding. Should the State Street proprietary system or any part thereof become, or in State
Street’s opinion be likely to become, the subject of a claim of infringement or the like under any applicable patent, copyright
or trade secret laws, State Street shall have the right, at State Street's sole option, to (i) procure for you the right to continue
using the State Street proprietary system, (ii) replace or modify the State Street proprietary system so that the State Street
proprietary system becomes noninfringing, or (iii) terminate this Addendum without further obligation. This section constitutes
the sole remedy available to you for the matters described in this section.

 

 

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Classification: Limited Access

37 

Termination

 

Either
party may terminate this Addendum (i) for any reason by giving the other party at least one-hundred and eighty (180) days'
prior written notice in the case of notice of termination by State Street to you or thirty (30) days’ notice in the case of
notice from you to State Street of termination, or (ii) immediately for failure of the other party to comply with any
material term and condition of the Addendum by giving the other party written notice of termination. This Addendum shall in
any event terminate within ninety (90) days after the termination of any service agreement applicable to you. Your use of any
third party System is contingent upon your compliance with any terms and conditions of use of such System imposed by such
third party and State Street's continued access to, and use of, such third party System. In the event of termination, you
will return to State Street all copies of documentation and other confidential information in your possession or in the
possession of your Authorized Designees and immediately cease access to the System and Remote Access Services. The foregoing
provisions with respect to confidentiality and infringement will survive termination for a period of three (3)
years.

 

Miscellaneous

 

This
Addendum constitutes our entire understanding with respect to access to the System and the Remote Access Services. This Addendum
cannot be modified or altered except in a writing duly executed by both of us and shall be governed by and construed in accordance
with the laws of the Commonwealth of Massachusetts.

 

 

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Classification: Limited Access

38 

LOAN
SERVICES ADDENDUM TO CUSTODY AGREEMENT

 

ADDENDUM
to that certain Custodian Agreement (the “Custodian Agreement”) dated as of October 13, 2022 by and
between each entity identified on Appendix A thereto (the “Company”) and State
Street Bank and Trust Company, including its subsidiaries and other affiliates
(the “Custodian”).

 

The
following provisions will apply with respect to interests in commercial loans, including loan participations, whether the
loans are bilateral or syndicated and whether any obligor is located in or outside of the United States (collectively,
“Loans”), made or acquired by the Company on behalf of one or more of its Accounts.

 

Section
1. Payment
Custody. If the Company wishes the Custodian to receive payments directly with respect to a Loan for credit to the
bank account maintained by the Custodian for the Company under the Custodian Agreement,

 

(a)          
the Company will cause the Custodian to be named as the Company’s nominee for payment purposes under the relevant financing
documents, e.g., in the case of a syndicated loan, the administrative contact for the agent bank, and otherwise provide for the
payment to the Custodian of the payments with respect to the Loan; and

 

(b)          
the Custodian will credit to the bank account maintained by the Custodian for the Company under the Custodian Agreement any payment
on or in respect of the Loan actually received by the Custodian and identified as relating to the Loan, but with any amount credited
being conditional upon clearance and actual receipt by the Custodian of final payment.

 

Section
2. Monitoring. If the Company wishes the
Custodian to monitor payments on and forward notices relating to a Loan,

 

(a)          
the Company will deliver, or cause to be delivered, to the Custodian a schedule identifying the amount and due dates of the scheduled
principal payments, the scheduled interest payment dates and related payment amount information, and such other information with
respect to the Loan as the Custodian may reasonably require in order to perform its services hereunder (collectively, “Loan
Information”) and in such form and format as the Custodian may reasonably request; and

 

(b)          
the Custodian will (i) if the amount of a principal, interest, fee or other payment with respect to the Loan is not received by
the Custodian on the date on which the amount is scheduled to be paid as reflected in the Loan Information, provide a report to
the Company that the payment has not been received and (ii) if the Custodian receives any consent solicitation, notice of default
or similar notice from any syndication agent, lead or obligor on the Loan, undertake reasonable efforts to forward the notice
to the Company.

 

Section
3. Exculpation of the Custodian.

 

(a)
          Payment Custody and Monitoring. The Custodian will have
no liability for any delay or failure by the Company or any third party in providing Loan Information to the Custodian or for
any inaccuracy or incompleteness of any Loan Information. The Custodian will have no obligation to verify, investigate,
recalculate, update or otherwise confirm the accuracy or completeness of any Loan Information or other information or notices
received by the Custodian in respect of the Loan. The Custodian will be entitled to (i) rely upon the Loan Information
provided to it by or on behalf of the Company or any other information or notices that the Custodian may receive from time to
time from any syndication agent, lead or obligor or any similar party with respect to the Loan and (ii) update its records on
the basis of such information or notices as may from time to time be received by the Custodian.

 

(b)           Any
Service. The Custodian will have no obligation to (i) determine whether any necessary steps have been taken or
requirements have been met for the Company to have acquired good or record title to a Loan, (ii) ensure that the
Company’s acquisition of the Loan has been authorized by the Company, (iii) collect past due payments on the Loan,
preserve any rights against prior parties, exercise any right or perform any obligation in connection with the Loan
(including taking any action in connection with any consent solicitation, notice of default or similar notice received from
any syndication agent, lead or obligor on the Loan) or otherwise take any other action to enforce the payment obligations of
any obligor on the Loan, (iv) become itself the record title holder of the Loan or (v) make any advance of its own funds with
respect to the Loan.

 

 

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Classification: Limited Access

39 

(c)           Miscellaneous.
The Custodian will not be considered to have been or be charged with knowledge of the sale of a Loan by the Company, unless
and except to the extent that the Custodian shall have received written notice of the sale from the Company and the proceeds
of the sale have been received by the Custodian for credit to the bank account maintained by the Custodian for the Company
under the Custodian Agreement. If any question arises as to the Custodian’s duties under this Addendum, the Custodian
may request instructions from the Company and will be entitled at all times to refrain from taking any action unless it has
received Proper Instructions from the Company. The Custodian will in all events have no liability, risk or cost for
any action taken or omitted with respect to the Loan pursuant to Proper Instructions. The Custodian will have no
responsibilities or duties whatsoever with respect to the Loan except as are expressly set forth in this Addendum.

 

 

Information
Classification: Limited Access

40 

	 

 

	
        Global Custody Network

        Schedule A

 

	Quarter Ended September 30, 2022

 

	Changes from the previous quarter’s Schedule A, List of Subcustodians are reflected in red, italic font below.

 

	MARKET	SUBCUSTODIAN	ADDRESS
	Albania	Raiffeisen
    Bank sh.a.

    LEI: 529900XTU9H3KES1B287	Tish
    Daija

 Kompleski Kika 2

 Tirana, Albania
	Argentina	Citibank,
    N.A.

    LEI: E57ODZWZ7FF32TWEFA76	Bartolome
    Mitre 530

    1036 Buenos Aires, Argentina
	Australia	The
    Hongkong and Shanghai Banking Corporation Limited

    LEI: 2HI3YI5320L3RW6NJ957	HSBC
    Securities Services

 Level 3, 10 Smith St., 

Parramatta, NSW 2150, Australia
	Austria	UniCredit
    Bank Austria AG

    LEI: D1HEB8VEU6D9M8ZUXG17	Global
    Securities Services Austria

 Rothschildplatz 1

    A-1020 Vienna, Austria
	Bahrain	First
    Abu Dhabi Bank P.J.S.C.

    LEI: 2138002Y3WMK6RZS8H90	Unit
    1601, 10th Floor, 

Building 1565, Road 1722, Block 317

    Diplomatic Area, Manama, Bahrain
	Bangladesh	Standard
    Chartered Bank

    LEI: RILFO74KP1CM8P6PCT96	Silver
    Tower, Level 7

    52 South Gulshan Commercial Area

    Gulshan 1, Dhaka 1212, Bangladesh
	Belgium	BNP
    Paribas Securities Services, S.C.A., France (operating through its Paris branch with support from its Brussels branch)

    LEI: 549300WCGB70D06XZS54	9,
    rue du Débarcadère 

93500 Pantin, France

  

STATE
        STREET CORPORATION     1

 

	     GLOBAL CUSTODY NETWORK - SCHEDULE A
	 
	 

	Benin	via Standard Chartered Bank Côte d’Ivoire S.A., 

Abidjan, Ivory Coast

LEI: 54930016MQBB2NO5NB47	23, Bld de la République 

17 BP 1141 Abidjan 17 

Côte d’Ivoire
	Bermuda	HSBC Bank Bermuda Limited

LEI: 0W1U67PTV5WY3WYWKD79	6 Front Street

Hamilton, HM06, Bermuda
	Federation of Bosnia and Herzegovina	UniCredit Bank d.d.

LEI: 549300RGT0JMDJZKVG34	Zelenih beretki 24 

71 000 Sarajevo 

Federation of Bosnia and Herzegovina
	Botswana	Standard Chartered Bank Botswana Limited

LEI: 5493007VY27WWF8FF542	4th Floor, Standard Chartered House

Queens Road

The Mall

Gaborone, Botswana
	Brazil	Citibank, N.A.

LEI: E57ODZWZ7FF32TWEFA76	AV Paulista 1111

São Paulo, SP 01311-920 Brazil
	Bulgaria	Citibank Europe plc, Bulgaria branch

                                                                                LEI: N1FBEDJ5J41VKZLO2475
	Serdika Offices, 10th floor 

48 Sitnyakovo Blvd.

1505 Sofia, Bulgaria
	UniCredit Bulbank AD

LEI: 549300Z7V2WOFIMUEK50	7 Sveta Nedelya Square

 1000 Sofia, Bulgaria
	Burkina Faso	via Standard Chartered Bank Côte d’Ivoire S.A., Abidjan, Ivory Coast

LEI: 54930016MQBB2NO5NB47	23, Bld de la République 

17 BP 1141 Abidjan 17 

Côte d’Ivoire
	Canada	State Street Trust Company Canada

LEI: 549300L71XG2CTQ2V827	30 Adelaide Street East, Suite 800

Toronto, ON Canada M5C 3G6
	Chile	Banco de Chile

LEI: 8B4EZFY8IHJC44TT2K84	Ahumada 251

Santiago, Chile
	People’s Republic of China	Providing custodial services for the China A-share market, China B-share market, and China Interbank Bond Market:

HSBC Bank (China) Company Limited

(as delegate of The Hongkong and Shanghai Banking Corporation Limited)

LEI: 2CZOJRADNJXBLT55G526	33rd Floor, HSBC Building, 

Shanghai IFC

8 Century Avenue 

Pudong, Shanghai, China

(200120)
	Providing custodial services for the China A-share market and China Interbank Bond Market:

China Construction Bank Corporation

LEI: 5493001KQW6DM7KEDR62	No.1 Naoshikou Street 

Chang An Xing Rong Plaza 

Beijing 100032-33, China

	 
	Information Classification: Limited Access

  

STATE
        STREET CORPORATION     2

 

	     GLOBAL CUSTODY NETWORK - SCHEDULE A
	 
	 

	China Connect	Standard Chartered Bank (Hong Kong) Limited

                                                                                LEI: X5AV1MBDXGRPX5UGMX13
	15th Floor Standard Chartered Tower

388 Kwun Tong Road

 Kwun Tong, Hong Kong
	Colombia	Cititrust Colombia S.A. Sociedad Fiduciaria

LEI: SSER7O0CV66FF0PRYK94	Carrera 9A, No. 99-02

 Bogotá DC, Colombia
	Costa Rica	Banco BCT S.A.

LEI: 25490061PVFNGN0YMO97	160 Calle Central 

Edificio BCT

San José, Costa Rica
	Croatia	Privredna Banka Zagreb d.d.

LEI: 549300ZHFZ4CSK7VS460	Custody Department 

Radnička cesta 50

 10000 Zagreb, Croatia
	Zagrebacka Banka d.d.

LEI: PRNXTNXHBI0TSY1V8P17	Savska 60

 10000 Zagreb, Croatia
	Cyprus	BNP Paribas Securities Services, S.C.A., Greece (operating through its Athens branch)

LEI: 549300WCGB70D06XZS54	2 Lampsakou Str.

115 28 Athens, Greece
	Czech Republic	Československá obchodní banka, a.s.

                                                                                LEI: Q5BP2UEQ48R75BOTCB92
	Radlická 333/150

150 57 Prague 5, Czech Republic
	UniCredit Bank Czech Republic and Slovakia, a.s.

                                                                                LEI: KR6LSKV3BTSJRD41IF75
	BB Centrum - FILADELFIE

 Želetavská 1525/1

140 92 Praha 4 - Michle,

 Czech Republic
	Denmark	Skandinaviska Enskilda Banken AB (publ), Sweden (operating through its Copenhagen branch)

LEI: F3JS33DEI6XQ4ZBPTN86	Bernstorffsgade 50

 1577 Copenhagen, Denmark
	Egypt	Citibank, N.A.

LEI: E57ODZWZ7FF32TWEFA76	Boomerang Building - Plot 48 - AlSalam Axis Street

First District - 5th Settlement - 11835 Cairo, Egypt
	Estonia	AS SEB Pank

LEI: 549300ND1MQ8SNNYMJ22	Tornimäe 2 

15010 Tallinn, Estonia
	Finland	Skandinaviska Enskilda Banken AB (publ), Sweden (operating through its Helsinki branch)

LEI: F3JS33DEI6XQ4ZBPTN86	Securities Services 

Box 630

SF-00101 Helsinki, Finland
	France	BNP Paribas Securities Services, S.C.A.

LEI: 549300WCGB70D06XZS54	9, rue du Débarcadère 

93500 Pantin, France
	Republic of Georgia	JSC Bank of Georgia

LEI: 549300RPLD8RXL49Z691	29a Gagarini Str.

Tbilisi 0160, Georgia

	 
	Information Classification: Limited Access

  

STATE
        STREET CORPORATION     3

 

	     GLOBAL CUSTODY NETWORK - SCHEDULE A
	 
	 

	Germany	State Street Bank International GmbH 

LEI: ZMHGNT7ZPKZ3UFZ8EO46	Brienner Strasse 59

80333 Munich, Germany
	Deutsche Bank AG

LEI: 7LTWFZYICNSX8D621K86	Alfred-Herrhausen-Allee 16-24 

D-65760 Eschborn, Germany
	Ghana	Standard Chartered Bank Ghana Plc 

LEI: 549300WFGKTC3MGDCX95	P. O. Box 768 

1st Floor

High Street Building

Accra, Ghana
	Greece	BNP Paribas Securities Services, S.C.A.

LEI: 549300WCGB70D06XZS54	2 Lampsakou Str.

115 28 Athens, Greece
	Guinea-Bissau	via Standard Chartered Bank Côte d’Ivoire S.A., Abidjan, Ivory Coast

LEI: 54930016MQBB2NO5NB47	23, Bld de la République

 17 BP 1141 Abidjan 17

 Côte d’Ivoire
	Hong Kong	The Hongkong and Shanghai Banking Corporation Limited

LEI: 2HI3YI5320L3RW6NJ957	Level 30, 

HSBC Main Building

 1 Queen's Road

 Central, Hong Kong
	Hungary	Citibank Europe plc Magyarországi Fióktelepe 

LEI: N1FBEDJ5J41VKZLO2475	7 Szabadság tér, Bank Center 

Budapest, H-1051 Hungary
	UniCredit Bank Hungary Zrt.

LEI: Y28RT6GGYJ696PMW8T44	6th Floor

Szabadság tér 5-6

H-1054 Budapest, Hungary
	Iceland	Landsbankinn hf.

LEI: 549300TLZPT6JELDWM92	Austurstræti 11 

155 Reykjavik, Iceland
	India	Deutsche Bank AG

LEI: 7LTWFZYICNSX8D621K86	Block
    B1, 4th Floor, Nirlon 
 Knowledge Park
 Off Western Express Highway
 Goregaon
    (E)
 Mumbai 400 063, India
	Citibank, N.A.

LEI: E57ODZWZ7FF32TWEFA76	FIFC, 11th Floor C-54/55, G 
Block, Bandra Kurla Complex,

                                                                                Bandra (East),
 Mumbai 400 098, India

	The Hongkong and Shanghai Banking Corporation Limited

LEI: 2HI3YI5320L3RW6NJ957	11F, Building 3, NESCO - IT Park, 

NESCO Complex, 

Western Express Highway

 Goregaon (East),

Mumbai 400 063, India

	 
	Information Classification: Limited Access

  

STATE
        STREET CORPORATION     4

 

	     GLOBAL CUSTODY NETWORK - SCHEDULE A
	 
	 

	Indonesia	Deutsche Bank AG

LEI: 7LTWFZYICNSX8D621K86	Deutsche Bank Building, 5th floor

Jl. Imam Bonjol, No. 80

Jakarta 10310, Indonesia
	Standard Chartered Bank

LEI: RILFO74KP1CM8P6PCT96	Menara Standard Chartered 

5th floor

Jl. Prof. Dr. Satrio No. 164, 

Jakarta 12930, Indonesia
	Israel	Bank Hapoalim B.M.

LEI: B6ARUI4946ST4S7WOU88	50 Rothschild Boulevard 

Tel Aviv, Israel 61000
	Italy	Intesa Sanpaolo S.p.A.

LEI: 2W8N8UU78PMDQKZENC08	Financial Institutions - Transactions Services

 Piazza della Scala, 6

 20121 Milan, Italy
	Ivory Coast	Standard Chartered Bank Côte d’Ivoire S.A.

LEI: 54930016MQBB2NO5NB47	23, Bld de la République 

17 BP 1141 Abidjan 17 

Côte d’Ivoire
	Japan	Mizuho Bank, Limited

LEI: RB0PEZSDGCO3JS6CEU02	Shinagawa Intercity Tower A

 2-15-1, Konan, Minato-ku 

Tokyo 108-6009, Japan
	The Hongkong and Shanghai Banking Corporation Limited

LEI: 2HI3YI5320L3RW6NJ957	HSBC Building

11-1 Nihonbashi 3-chome, Chuo-ku

Tokyo 1030027, Japan
	Jordan	Standard Chartered Bank

LEI: RILFO74KP1CM8P6PCT96	Shmeissani Branch

Al-Thaqafa Street, Building # 2 

P.O. Box 926190

Amman 11110, Jordan
	Kazakhstan	JSC Citibank Kazakhstan

LEI: 95XXGORQK31JZP82OG22	Park Palace, Building A, 

41 Kazibek Bi street, 

Almaty A25T0A1, Kazakhstan
	Kenya	Standard Chartered Bank Kenya Limited

                                                                                LEI: 549300RBHWW5EJIRG629
	Custody Services

Standard Chartered @ Chiromo, Level 5

48 Westlands Road

P.O. Box 40984 - 00100 GPO

Nairobi, Kenya
	Republic of Korea	Deutsche Bank AG

LEI: 7LTWFZYICNSX8D621K86

The Hongkong and Shanghai Banking Corporation Limited

LEI: 2HI3YI5320L3RW6NJ957	12F, Centropolis Tower A, 26,

 Ujeongguk-ro, Jongno-gu, 

Seoul 03161, Korea

8F, HSBC Building

37, Chilpae-ro, Jung-gu, 

Seoul 04511, Korea

	 
	Information Classification: Limited Access

  

STATE
        STREET CORPORATION     5

 

	     GLOBAL CUSTODY NETWORK - SCHEDULE A
	 
	 

	Kuwait	First Abu Dhabi Bank P.J. S.C.

LEI: 2138002Y3WMK6RZS8H90	Al Bahar Tower, 

Ahmad Al Jaber Street 

Sharq, Kuwait City, Kuwait
	Latvia	AS SEB banka

LEI: 549300YW95G1VBBGGV07	Unicentrs, Valdlauči

LV-1076 Kekavas pag., Rigas raj., 

Latvia
	Lithuania	AB SEB bankas

LEI: 549300SBPFE9JX7N8J82	Konstitucijos Ave. 24

LT 08105 Vilnius, Lithuania
	Malawi	Standard Bank PLC

LEI: 2549004FJV2K9P9UCU04	Kaomba Centre

Cnr. Victoria Avenue & Sir Glyn

Jones Road

Blantyre, Malawi
	Malaysia	Standard Chartered Bank Malaysia Berhad 

LEI: 549300JTJBG2QBI8KD48	Menara Standard Chartered 

30 Jalan Sultan Ismail

50250 Kuala Lumpur, Malaysia
	Mali	via Standard Chartered Bank Côte d’Ivoire S.A., Abidjan, Ivory Coast

LEI: 54930016MQBB2NO5NB47	23, Bld de la République 

17 BP 1141 Abidjan 17 

Côte d’Ivoire
	Mauritius	The Hongkong and Shanghai Banking Corporation Limited

LEI: 2HI3YI5320L3RW6NJ957	6F HSBC Centre 

18 CyberCity 

Ebene, Mauritius
	Mexico	Banco Nacional de México, S.A.

LEI: 2SFFM4FUIE05S37WFU55	3er piso, Torre Norte

Act. Roberto Medellín No. 800

Col. Santa Fe

Mexico, DF 01219
	Morocco	Citibank Maghreb S.A.

LEI: 5493003FVWLMBFTISI11	Zénith Millénium Immeuble1

Sidi Maârouf - B.P. 40 

Casablanca 20190, Morocco
	Namibia	Standard Bank Namibia Limited

LEI: 254900K6TJFDYKSQWV49	Standard
Bank Center

Cnr. Werner List St. and Post St. Mall

2nd Floor

Windhoek, Namibia
	Netherlands	BNP Paribas Securities Services, S.C.A., France (operating through its Paris branch with support from its Amsterdam branch)

LEI: 549300WCGB70D06XZS54	9, rue du Débarcadère 

93500 Pantin, France

	 
	Information Classification: Limited Access

  

STATE
        STREET CORPORATION     6

 

	     GLOBAL CUSTODY NETWORK - SCHEDULE A
	 
	 

	New Zealand	The Hongkong and Shanghai Banking Corporation Limited

LEI: 2HI3YI5320L3RW6NJ957	Level 21, HSBC Tower 

188 Quay St.

Auckland 1010, New Zealand
	Niger	via Standard Chartered Bank Côte d’Ivoire S.A., Abidjan, Ivory Coast

LEI: 54930016MQBB2NO5NB47	23, Bld de la République 

17 BP 1141 Abidjan 17 

Côte d’Ivoire
	Nigeria	Stanbic IBTC Bank Plc.

LEI: 549300NIVXF92ZIOVW61	Plot 1712

Idejo St

Victoria Island,

Lagos 101007, Nigeria
	Norway	Skandinaviska Enskilda Banken AB (publ), Sweden (operating through its Oslo branch)

LEI: F3JS33DEI6XQ4ZBPTN86	P.O. Box 1843 Vika

Filipstad Brygge 1

N-0123 Oslo, Norway
	Oman	First Abu Dhabi Bank P.J.S.C.

LEI: 2138002Y3WMK6RZS8H90	Ruwi, CBD area, 

P. O. Box. 303,

Muscat, P. C. 100 

Sultanate of Oman
	Pakistan	Deutsche Bank AG

LEI: 7LTWFZYICNSX8D621K86	Avari Plaza 242 & 243 

Fatima Jinnah Road 

Karachi - 75530, Pakistan
	Citibank, N.A.

LEI: E57ODZWZ7FF32TWEFA76	15th Floor, The Harbour Front

Dolmen City

Block 4, Scheme 5 Clifton

Karachi - 75500, Pakistan
	Panama	Citibank, N.A.

LEI: E57ODZWZ7FF32TWEFA76	Boulevard Punta Pacifica 

Torre de las Americas 

Apartado

Panama City, Panama 0834-00555
	Peru	Citibank del Perú, S.A.

LEI: MYTK5NHHP1G8TVFGT193	Canaval y Moreyra 480 

3rd Floor, San Isidro 

Lima 27, Perú
	Philippines	Standard Chartered Bank

LEI: RILFO74KP1CM8P6PCT96	8th Floor, Skyplaza Building 

6788 Ayala Avenue 

Makati City, Philippines
	Poland	Bank Handlowy w Warszawie S.A.

                                                                                LEI: XLEZHWWOI4HFQDGL4793
	ul. Senatorska 16

00-293 Warsaw, Poland
	Portugal	Citibank Europe plc, Dublin, Ireland

                                                                                LEI: N1FBEDJ5J41VKZLO2475
	1 North Wall Quay 

Dublin 1, Ireland

	 
	Information Classification: Limited Access

  

STATE
        STREET CORPORATION     7

 

	     GLOBAL CUSTODY NETWORK - SCHEDULE A
	 
	 

	Qatar	HSBC Bank Middle East Limited

(as delegate of The Hongkong and Shanghai Banking

Corporation Limited)

LEI: 549300F99IL9YJDWH369	2 Fl Ali Bin Ali Tower 

Building no.: 150 

Airport Road Doha, Qatar
	Romania	Citibank Europe plc, Dublin - Romania branch

                                                                                LEI: N1FBEDJ5J41VKZLO2475
	8, Iancu de Hunedoara Boulevard 

712042, Bucharest Sector 1, Romania
	Russia	AO Citibank

LEI: CHSQDSVI1UI96Y2SW097	8-10 Gasheka Street, Building 1

125047 Moscow, Russia
	Saudi Arabia	FAB Capital J.S.C.

(as delegate of First Abu Dhabi Bank P.J.S.C.)

LEI: 2138002Y3WMK6RZS8H90	Cayan Office Building 

King Fahad Road 

Almalqa District

Riyadh 11411

Kingdom of Saudi Arabia
	Senegal	via Standard Chartered Bank Côte d’Ivoire S.A., Abidjan, Ivory Coast

LEI: 54930016MQBB2NO5NB47	23, Bld de la République 

17 BP 1141 Abidjan 17 

Côte d’Ivoire
	Serbia	UniCredit Bank Serbia JSC

LEI: 52990001O0THU00TYK59	Jurija Gagarina 12 

11070 Belgrade, Serbia
	Singapore	Citibank N.A.

LEI: E57ODZWZ7FF32TWEFA76	3 Changi Business Park Crescent 

#07-00, Singapore 486026
	Slovak Republic	UniCredit Bank Czech Republic and Slovakia, a.s.

                                                                                LEI: KR6LSKV3BTSJRD41IF75
	Šancová 1/A

813 33 Bratislava, Slovak

Republic
	Slovenia	UniCredit Banka Slovenija d.d.

LEI: 549300O2UN9JLME31F08	Ameriška ulica 2

SI-1000 Ljubljana, Slovenia
	South Africa	FirstRand Bank Limited

LEI: ZAYQDKTCATIXF9OQY690	Mezzanine Floor 

3 First Place Bank City 

Corner Simmonds & Jeppe Sts. 

Johannesburg 2001 

Republic of South Africa
	Standard Chartered Bank

LEI: RILFO74KP1CM8P6PCT96	115 West Street, 2nd Floor

 Sandton, Johannesburg 2000 

Republic of South Africa
	Spain	Citibank Europe plc, Dublin, Ireland

                                                                                LEI: N1FBEDJ5J41VKZLO2475
	1 North Wall Quay 

Dublin 1, Ireland
	Sri Lanka	The Hongkong and Shanghai Banking Corporation Limited

LEI: 2HI3YI5320L3RW6NJ957	24, Sir Baron Jayatilake Mawatha

Colombo 01, Sri Lanka

	 
	Information Classification: Limited Access

  

STATE
        STREET CORPORATION     8

 

	     GLOBAL CUSTODY NETWORK - SCHEDULE A
	 
	 

	Republic of Srpska	UniCredit Bank d.d.

LEI: 549300RGT0JMDJZKVG34	Zelenih beretki 24 

71 000 Sarajevo 

Federation of Bosnia and 

Herzegovina
	Sweden	Skandinaviska Enskilda Banken AB (publ)

                                                                                LEI: F3JS33DEI6XQ4ZBPTN86
	Sergels Torg 2

SE-106 40 Stockholm, Sweden
	Switzerland	Credit Suisse (Switzerland) Ltd.

LEI: 549300CWR0W0BCS9Q144	Uetlibergstrasse 231

8070 Zurich, Switzerland
	UBS Switzerland AG

LEI: 549300WOIFUSNYH0FL22	Max-Högger-Strasse 80-82 

CH-8048 Zurich-Alstetten, 

Switzerland
	Taiwan - R.O.C.	Standard Chartered Bank (Taiwan) Limited

                                                                                LEI: 549300QJEO1B92LSHZ06
	MF, No.179 Liaoning St. 

Zhongshan District, 

Taipei 10487, Taiwan, Republic of China
	Tanzania	Standard Chartered Bank (Tanzania) Limited

                                                                                LEI: 549300RLNUU3GJS6MK84
	1 Floor, International House 

Corner Shaaban Robert St and 

Garden Ave

PO Box 9011

Dar es Salaam, Tanzania
	Thailand	Standard Chartered Bank (Thai) Public Company Limited
 

                                                                                LEI: 549300O1LQYCQ7G1IM57
	140 Wireless Building

140 Wireless Road 

Lumpini, Patumwan, 

Bangkok 10330, Thailand
	Togo	via Standard Chartered Bank Côte d’Ivoire S.A., Abidjan, Ivory Coast

LEI: 54930016MQBB2NO5NB47	23, Bld de la République

17 BP 1141 Abidjan 17 Côte d’Ivoire
	Tunisia	Union Internationale de Banques

                                                                                LEI: 549300WKCW12LEPUMV07
	65 Avenue Bourguiba 

1000 Tunis, Tunisia
	Turkey	Citibank, A.Ş.

LEI: CWZ8NZDH5SKY12Q4US31	Tekfen
Tower

Eski Buyukdere Caddesi 209 Kat 3

Levent 34394 Istanbul, Turkey
	Uganda	Standard Chartered Bank Uganda Limited

                                                                                LEI: 549300W7CNYGJ68XGD27
	5 Speke Road 

P.O. Box 7111 

Kampala, Uganda
	Ukraine	JSC Citibank

LEI: 549300E0ROTI7ACBZH02	16-g Dilova St.

Kyiv 03150, Ukraine

	 
	Information Classification: Limited Access

  

STATE
        STREET CORPORATION     9

 

	     GLOBAL CUSTODY NETWORK - SCHEDULE A
	 
	 

	United Arab Emirates

Dubai Financial Market	First Abu Dhabi Bank P.J.S.C.

LEI: 2138002Y3WMK6RZS8H90	FAB Building

Khalifa Business Park, 

1 - Al Qurm District, 

P.O. Box 6316

Abu Dhabi, United Arab Emirates
	United Arab Emirates

Dubai International

Financial Center	First Abu Dhabi Bank P.J.S.C.

LEI: 2138002Y3WMK6RZS8H90	FAB Building

Khalifa Business Park, 

1 - Al Qurm District, 

P.O. Box 6316

Abu Dhabi, United Arab Emirates
	United Arab Emirates

Abu Dhabi	First Abu Dhabi Bank P.J.S.C.

LEI: 2138002Y3WMK6RZS8H90	FAB Building

Khalifa Business Park, 

1 - Al Qurm District, 

P.O. Box 6316

Abu Dhabi, United Arab Emirates
	United Kingdom	State Street Bank and Trust Company, United Kingdom branch

LEI: 213800YAZLPV26WFM449	Quartermile 3

10 Nightingale Way

Edinburgh EH3 9EG, Scotland
	United States	State Street Bank and Trust Company

                                                                                LEI: 571474TGEMMWANRLN572
	1776 Heritage Drive

North Quincy, Massachusetts, 

United States 02171
	Uruguay	Banco Itaú Uruguay S.A.

LEI: 549300HU8OQS1VTVXN55	Zabala 1463

11000 Montevideo, Uruguay
	Vietnam	HSBC Bank (Vietnam) Limited

(as delegate of The Hongkong and Shanghai Banking

Corporation Limited)

LEI: 213800H95OG9OHRT4Y78	Floor 2, The Metropolitan, 

235 Dong Khoi, District 1 

Ho Chi Minh City, Vietnam
	Zambia	Standard Chartered Bank Zambia Plc.

LEI: 549300247QDZHDI30A83	Standard Chartered House

 Stand No. 4642 corner of Mwaimwena Road and Addis 

Abba Drive, 4th floor 

10101, Lusaka, Zambia
	Zimbabwe	Stanbic Bank Zimbabwe Limited

(as delegate of Standard Bank of South Africa Limited)

LEI: 5493001KJTIIGC8Y1R12	3rd Floor

Stanbic Centre

59 Samora Machel Avenue

Harare, Zimbabwe

	 
	Information Classification: Limited Access

  

STATE
        STREET CORPORATION     10

 

 

 

Depositories
Operating in Network Markets Schedule B

 

Quarter
Ended September 30, 2022

 

	MARKET	DEPOSITORY	TYPES
    OF SECURITIES
	Albania	Bank of Albania	Government debt
	Argentina	Caja de Valores S.A.	Equities, government and corporate bonds, and corporate money market instruments
	Australia	Austraclear Limited	Government securities, corporate bonds, and corporate money market instruments
	Austria	OeKB Central Securities Depository GmbH	All securities listed on Wiener Börse AG, the Vienna Stock Exchange (as well as virtually all other Austrian securities)
	Bahrain	Bahrain Clear Company	Equities
	Bangladesh	Bangladesh Bank	Government securities
	Central Depository Bangladesh Limited	Equities and corporate bonds
	Belgium	Euroclear Belgium	Equities and most corporate bonds
	National Bank of Belgium	Government securities, corporate bonds, and money market instruments
	Benin	Dépositaire Central – Banque de Règlement	All securities traded on Bourse Régionale des Valeurs Mobilières, the West African regional exchange, including securities from the following West African nations: Benin, Burkina Faso, Guinea-Bissau, the Ivory Coast, Mali, Niger, Senegal and Togo.
	Banque Centrale des Etats d’Afrique de l’Ouest	Treasury bills and Treasury bonds issued by the following West African nations: Benin, Burkina Faso, Guinea-Bissau, the Ivory Coast, Mali, Niger, Senegal and Togo.
	Bermuda	Bermuda Securities Depository	Equities, corporate bonds

 

STATE STREET CORPORATION 1

 

	     DEPOSITORIES OPERATING
IN NETWORK MARKETS – SCHEDULE B
	 
	 

	Federation of Bosnia and Herzegovina	Registar vrijednosnih papira u  Federaciji Bosne i Hercegovine, d.d.	Equities, corporate bonds, government securities,  money market instruments
	Botswana	Bank of Botswana	Government debt
	Central Securities Depository  Company of Botswana Ltd.	Equities and corporate bonds
	Brazil	Brasil, Bolsa, Balcão S.A. (B3)	Equities, corporate bonds, and money market  instruments
	Sistema Especial de Liquidação e de  Custódia (SELIC)	Government debt issued by the central bank and the  National Treasury
	Bulgaria	Bulgarian National Bank	Government securities
	Central Depository AD	Eligible equities and corporate bonds
	Burkina Faso	Dépositaire Central – Banque de  Règlement	All securities traded on Bourse Régionale des Valeurs  Mobilières, the West African regional exchange,  including securities from the following West African  nations: Benin, Burkina Faso, Guinea-Bissau, the Ivory  Coast, Mali, Niger, Senegal and Togo.
	Banque Centrale des Etats d’Afrique  de l’Ouest	Treasury bills and Treasury bonds issued by the  following West African nations: Benin, Burkina Faso,  Guinea-Bissau, the Ivory Coast, Mali, Niger, Senegal  and Togo.
	Canada	The Canadian Depository for  Securities Limited	All book-entry eligible securities, including  government securities, equities, corporate bonds,  money market instruments, strip bonds, and asset-backed securities
	Chile	Depósito Central de Valores S.A.	Government securities, equities, corporate bonds, mortgage-backed securities, and money market  instruments
	People’s Republic of China	China Securities Depository and  Clearing Corporation Limited,  Shanghai and Shenzhen Branches	A shares, B shares, Treasury bonds, local government  bonds, enterprise bonds, corporate bonds, open and  closed-end funds, convertible bonds, and warrants
	China Central Depository and Clearing  Co., Ltd.	Bonds traded through the China Interbank Bond  Market (CIBM), including Treasury bonds, local  government bonds, policy bank bonds, central bank  bills, medium-term notes, commercial paper,  enterprise bonds, and commercial bank bonds
	Shanghai Clearing House	Bonds traded through the China Interbank Bond  Market (CIBM), including Treasury bonds, local  government bonds, policy bank bonds, central bank  bills, enterprise bonds, certain issues of medium-term  notes, commercial paper, and commercial bank bonds

 

Information Classification: Limited Access

 

STATE
STREET CORPORATION 2

 

	     DEPOSITORIES OPERATING
IN NETWORK MARKETS – SCHEDULE B
	 
	 

	China Connect	China Securities Depository and Clearing Corporation Limited (CSDCC), Shanghai and Shenzhen Branches	A shares traded on the Shanghai or Shenzhen stock exchanges through Stock Connect
	China Central Depository and Clearing Co., Ltd. (CCDC)	Bonds traded through the China Interbank Bond Market (CIBM), including Treasury bonds, local government bonds, policy bank bonds, central bank bills, medium-term notes, commercial paper, enterprise bonds, and commercial bank bonds
	Shanghai Clearing House (SHCH)	Bonds traded through the China Interbank Bond Market (CIBM), including Treasury bonds, local government bonds, policy bank bonds, central bank bills, enterprise bonds, certain issues of medium-term notes, commercial paper, and commercial bank bonds
	Central Moneymarkets Unit (CMU)	All Bond Connect securities purchased by investors through Northbound trading are held in an omnibus nominee account in the name of the CMU at the CCDC or SHCH.
	Hong Kong Securities Clearing Company Limited (HKSCC)	All Stock Connect securities purchased by investors through Northbound trading are held in an omnibus account with the CSDCC and the HKSCC is recognized as the registered nominee holder of the safekept securities.
	Colombia	Depósito Central de Valores	Securities issued by the central bank and the Republic of Colombia
	Depósito Centralizado de Valores de Colombia S.A. (DECEVAL)	Equities, corporate bonds, money market instruments
	Costa Rica	Interclear Central de Valores S.A.	Securities traded on Bolsa Nacional de Valores
	Croatia	Središnje klirinško depozitarno društvo d.d.	Eligible equities, corporate bonds, government securities, and corporate money market instruments
	Cyprus	Central Depository and Central Registry	Equities, corporate bonds, dematerialized government securities, corporate money market instruments
	Czech Republic	Centrální
depozitář cenných papírů, a.s.	All dematerialized equities, corporate debt, and government debt, excluding Treasury bills
	Czech National Bank	Treasury bills
	Denmark	VP Securities A/S	Equities, government securities, corporate bonds, corporate money market instruments, warrants
	Egypt	Central Bank of Egypt	Treasury bills
	Misr for Central Clearing, Depository and Registry S.A.E.	Eligible equities, corporate bonds, and Treasury bonds

 

Information Classification: Limited Access

 

STATE STREET CORPORATION 3

 

	     DEPOSITORIES OPERATING
IN NETWORK MARKETS – SCHEDULE B
	 
	 

	Estonia	Nasdaq CSD SE	All registered equity and debt securities
	Finland	Euroclear Finland	Equities, corporate bonds, government securities, money market instruments
	France	Euroclear France	Government securities, equities, bonds, and money market instruments
	Republic of Georgia	Georgian Central Securities Depository	Equities, corporate bonds, and money market instruments
	National Bank of Georgia	Government securities
	Germany	Clearstream Banking AG, Frankfurt	Equities, government securities, corporate bonds, money market instruments, warrants, investment funds, and index certificates
	Ghana	Central Securities Depository (Ghana) Limited	Government securities and Bank of Ghana securities; equities and corporate bonds
	Greece	Bank of Greece, System for Monitoring Transactions in Securities in Book-Entry Form	Government debt
	Hellenic Central Securities Depository	Eligible listed equities, government debt, and corporate bonds
	Guinea-Bissau	Dépositaire Central – Banque de Règlement	All securities traded on Bourse Régionale des Valeurs Mobilières, the West African regional exchange, including securities from the following West African nations: Benin, Burkina Faso, Guinea-Bissau, the Ivory Coast, Mali, Niger, Senegal and Togo.
	Banque Centrale des Etats d’Afrique de l’Ouest	Treasury bills and Treasury bonds issued by the following West African nations: Benin, Burkina Faso, Guinea-Bissau, the Ivory Coast, Mali, Niger, Senegal and Togo.
	Hong Kong	Central Moneymarkets Unit	Government debt (i.e., exchange fund bills and notes issued by the HKMA), other private debt, and money market instruments
	Hong Kong Securities Clearing Company Limited	Securities listed or traded on the Stock Exchange of Hong Kong Limited
	Hungary	KELER Központi Értéktár Zrt.	Government securities, equities, corporate bonds, and investment fund notes
	Iceland	Nasdaq CSD SE, útibú á Íslandi	Government securities, equities, corporate bonds, and money market instruments
	India	Central Depository Services (India) Limited	Eligible equities, debt securities, and money market instruments
	National Securities Depository Limited Reserve Bank of India	Eligible equities, debt securities, and money market instruments Government securities

 

Information Classification: Limited Access

 

STATE STREET CORPORATION 4

 

	     DEPOSITORIES OPERATING
IN NETWORK MARKETS – SCHEDULE B
	 
	 

	Indonesia	Bank Indonesia	Sertifikat Bank Indonesia (central bank certificates), Surat Utang Negara (government debt instruments), and Surat Perbendaharaan Negara (Treasury bills)
	PT Kustodian Sentral Efek Indonesia	Equities, corporate bonds, and money market instruments
	Ireland	Euroclear Bank S.A./N.V.	Equities, corporate bonds, government securities
	Israel	Tel Aviv Stock Exchange Clearing House Ltd. (TASE Clearing House)	Government securities, equities, corporate bonds and trust fund units
	Italy	Monte Titoli S.p.A.	Equities, corporate debt, government debt, money market instruments, and warrants
	Ivory Coast	Dépositaire Central – Banque de Règlement	All securities traded on Bourse Régionale des Valeurs Mobilières, the West African regional exchange, including securities from the following West African nations: Benin, Burkina Faso, Guinea-Bissau, the Ivory Coast, Mali, Niger, Senegal and Togo.
	Banque Centrale des Etats d’Afrique de l’Ouest	Treasury bills and Treasury bonds issued by the following West African nations: Benin, Burkina Faso, Guinea-Bissau, the Ivory Coast, Mali, Niger, Senegal and Togo.
	Japan	Bank of Japan – Financial Network System	Government securities
	Japan Securities Depository Center (JASDEC) Incorporated	Equities, corporate bonds, and corporate money market instruments
	Jordan	Central Bank of Jordan	Treasury bills, government bonds, development bonds, and public entity bonds
	Securities Depository Center	Equities and corporate bonds
	Kazakhstan	Central Securities Depository	Government securities, equities, corporate bonds, and money market instruments
	Kenya	Central Bank of Kenya	Treasury bills and Treasury bonds
	Central Depository and Settlement Corporation Limited	Equities and corporate debt
	Republic of Korea	Korea Securities Depository	Equities, government securities, corporate bonds and money market instruments
	Kuwait	Kuwait Clearing Company KSC	Money market instruments, equities, and corporate bonds
	Latvia	Nasdaq CSD SE	Equities, government securities, corporate bonds, and money market instruments
	Lithuania	Nasdaq CSD SE	All securities available for public trading

 

Information Classification: Limited Access

 

STATE STREET CORPORATION 5

 

	     DEPOSITORIES OPERATING
IN NETWORK MARKETS – SCHEDULE B
	 
	 

	Malawi	Reserve
    Bank of Malawi	Reserve
    Bank of Malawi bills and Treasury bills, and equities
	Malaysia	Bank
    Negara Malaysia	Treasury
    bills, Bank Negara Malaysia bills, Malaysian government securities, private debt securities, and money market instruments
	 	Bursa
    Malaysia Depository Sdn. Bhd.	Securities
    listed on Bursa Malaysia Securities Berhad
	Mali	Dépositaire
    Central – Banque de Règlement	All
    securities traded on Bourse Régionale des Valeurs Mobilières, the West African regional exchange, including
    securities from the following West African nations: Benin, Burkina Faso, Guinea-Bissau, the Ivory Coast, Mali, Niger, Senegal
    and Togo.
	Banque
    Centrale des Etats d’Afrique de l’Ouest	Treasury
    bills and Treasury bonds issued by the following West African nations: Benin, Burkina Faso, Guinea-Bissau, the Ivory Coast,
    Mali, Niger, Senegal and Togo.
	Mauritius	Bank
    of Mauritius	Government
    debt (traded through primary dealers)
	Central
    Depository and Settlement Co. Limited	Listed
    and unlisted equity and debt securities (corporate debt and T-bills traded on the exchange)
	Mexico	S.D.
    Indeval, S.A. de C.V.	All
    securities
	Morocco	Maroclear	Eligible
    listed equities, corporate and government debt, certificates of deposit, commercial paper
	Namibia	Bank
    of Namibia	Treasury
    bills
	Netherlands	Euroclear
    Nederland	Government
    securities, equities, corporate bonds, corporate money market instruments, and stripped government bonds
	New
    Zealand	New
    Zealand Central Securities Depository Limited	Government
    securities, equities, corporate bonds, and money market instruments
	Niger	Dépositaire
    Central – Banque de Règlement	All
    securities traded on Bourse Régionale des Valeurs Mobilières, the West African regional exchange, including
    securities from the following West African nations: Benin, Burkina Faso, Guinea-Bissau, the Ivory Coast, Mali, Niger, Senegal
    and Togo.
	Banque
    Centrale des Etats d’Afrique de l’Ouest	Treasury
    bills and Treasury bonds issued by the following West African nations: Benin, Burkina Faso, Guinea-Bissau, the Ivory Coast,
    Mali, Niger, Senegal and Togo.
	Nigeria	Central
    Bank of Nigeria	Treasury
    bills and government bonds
	Central
    Securities Clearing System Limited FMDQ Depository Limited	Equities
    and corporate bonds traded on the Nigeria Stock Exchange Treasury bills, equities, corporate bonds, corporate money market
    instruments

 

Information Classification: Limited Access

 

STATE STREET CORPORATION 6

 

	     DEPOSITORIES OPERATING
IN NETWORK MARKETS – SCHEDULE B
	 
	 

	Norway	Verdipapirsentralen ASA	All listed securities
	Oman	Muscat Clearing & Depository Company S.A.O.G.	Equities, corporate bonds, government debt
	Pakistan	Central Depository Company of Pakistan Limited	Equities and corporate bonds
	State Bank of Pakistan	Government securities
	Panama	Central Latinoamericana de Valores, S.A. (LatinClear)	Equities, government and corporate debt, commercial paper, short-term securities
	Peru	CAVALI S.A. Institución de Compensación y Liquidación de Valores	All securities in book-entry form traded on the stock exchange
	Philippines	Philippine Depository & Trust Corporation	Eligible equities and debt
	National Registry of Scripless Securities (nROSS) of the Bureau of the Treasury	Government securities
	Poland	Rejestr Papierów Wartościowych	Treasury bills
	Krajowy Depozyt Papierów Wartościowych, S.A.	Equities, corporate bonds, corporate money market instruments, Treasury bonds, warrants, and futures contracts
	Portugal	INTERBOLSA – Sociedad Gestora de Sistemas de Liquidação e de Sistemas Centralizados de Valores Mobiliários, S.A.	All local Portuguese instruments
	Qatar	Qatar Central Securities Depository	Equities, government bonds and Treasury bills listed on the Qatar Exchange
	Romania	National Bank of Romania	Treasury bills and bonds
	S.C. Depozitarul Central S.A.	Bursa de Valori Bucuresti- (Bucharest Stock Exchange-) listed equities, corporate bonds, government bonds, and municipal bonds
	Russia	National Settlement Depository	Eligible equities, Obligatsii Federal’nogo Zaima (OFZs), and corporate debt denominated in RUB
	Saudi Arabia	Securities Depository Center Company	Equities, government securities, and Treasury bills

 

Information Classification: Limited Access

 

STATE STREET CORPORATION 7

 

	     DEPOSITORIES OPERATING
IN NETWORK MARKETS – SCHEDULE B
	 
	 

	Senegal	Dépositaire Central – Banque de Règlement	All securities traded on Bourse Régionale des Valeurs Mobilières, the West African regional exchange, including securities from the following West African nations: Benin, Burkina Faso, Guinea-Bissau, the Ivory Coast, Mali, Niger, Senegal and Togo.
	Banque Centrale des Etats d’Afrique de l’Ouest	Treasury bills and Treasury bonds issued by the following West African nations: Benin, Burkina Faso, Guinea-Bissau, the Ivory Coast, Mali, Niger, Senegal and Togo.
	Serbia	Central Securities Depository and Clearinghouse	All instruments
	Singapore	Monetary Authority of Singapore	Government securities
	The Central Depository (Pte.) Limited	Eligible listed equities and eligible private debt traded in Singapore
	Slovak Republic	Centrálny depozitár cenných papierov SR, a.s.	All dematerialized securities
	Slovenia	KDD – Centralna klirinško depotna družba d.d.	All publicly traded securities
	South Africa	Strate (Pty) Ltd.	Eligible equities, government securities, corporate bonds, money market instruments, and warrants
	Spain	IBERCLEAR	Government securities, equities, warrants, money market instruments, and corporate bonds
	Sri Lanka	Central Bank of Sri Lanka	Government securities
	Central Depository System (Pvt) Limited	Equities and corporate bonds
	Republic of Srpska	Central Registry of Securities in the Republic of Srpska JSC	Government securities, equities, and corporate and municipal bonds
	Sweden	Euroclear Sweden AB	Government securities, equities, bonds, money market instruments, derivatives, exchange traded funds, and warrants
	Switzerland	SIX SIS AG	Government securities, equities, corporate bonds, money market instruments, derivatives, mutual funds, and warrants
	Taiwan - R.O.C.	Central Bank of the Republic of China (Taiwan)	Government securities
	Taiwan Depository and Clearing Corporation	Listed equities, short-term bills, and corporate bonds
	Tanzania	CSD & Registry Company Limited	Equities and corporate bonds

 

Information Classification: Limited Access

 

STATE STREET CORPORATION 8

 

	     DEPOSITORIES OPERATING
IN NETWORK MARKETS – SCHEDULE B
	 
	 

	Thailand	Thailand Securities Depository Company Limited	Government securities, equities and corporate bonds
	Togo	Dépositaire Central – Banque de Règlement	All securities traded on Bourse Régionale des Valeurs Mobilières, the West African regional exchange, including securities from the following West African nations: Benin, Burkina Faso, Guinea-Bissau, the Ivory Coast, Mali, Niger, Senegal and Togo.
	Banque Centrale des Etats d’Afrique de l’Ouest	Treasury bills and Treasury bonds issued by the following West African nations: Benin, Burkina Faso, Guinea-Bissau, the Ivory Coast, Mali, Niger, Senegal and Togo.
	Tunisia	Tunisie Clearing	All eligible listed securities
	Turkey	Central Bank of Turkey	Government securities
	Central Registry Agency	Equities, corporate bonds, money market instruments, mutual fund certificates, exchange traded funds
	Uganda	Bank of Uganda	Treasury bills and Treasury bonds
	Securities Central Depository	Equities, corporate bonds
	Ukraine	National Depository of Ukraine	Equities, bonds, and money market instruments
	National Bank of Ukraine	Government securities
	United Arab Emirates – Abu Dhabi	Clearing, Settlement, Depository and Registry department of the Abu Dhabi Securities Exchange	Equities, government securities, and corporate debt
	United Arab Emirates – Dubai Financial Market	Dubai Central Securities Depository LLC	Equities, government securities, and corporate debt listed on the DFM
	United Arab Emirates – Dubai International Financial Center	Central Securities Depository, owned and operated by NASDAQ Dubai Limited	Equities, corporate bonds, and corporate money market instruments
	United Kingdom	Euroclear UK & International Limited	GBP- and EUR-denominated money market instruments
	United States	Depository Trust Company	equities, American depositary receipts, corporate debt, municipal debt, money market instruments
	Federal Reserve’s Fedwire Securities Service	U.S. Treasury and federal agency securities, mortgage-backed securities, platinum securities, certain real estate mortgage investment conduit (REMIC) issues, certain international agency securities
	Uruguay	Banco Central del Uruguay	Government securities

 

Information Classification: Limited Access

 

STATE STREET CORPORATION 9

 

	     DEPOSITORIES OPERATING
IN NETWORK MARKETS – SCHEDULE B
	 
	 

	Vietnam	Vietnam Securities Depository	Equities, government bonds, T-bills, corporate bonds, and public fund certificates
	Zambia	Bank of Zambia	Treasury bills and Treasury bonds
	LuSE Central Shares Depository Limited	Treasury bonds, corporate bonds, and equities
	Zimbabwe	Chengetedzai Depository Company Limited	Equities and corporate bonds
	Reserve Bank of Zimbabwe	Treasury bills and Treasury bonds
	Victoria Falls Stock Exchange Central Securities Depository (VFEX CSD)	Specific equities
	TRANSNATIONAL DEPOSITORIES
	Euroclear Bank S.A./N.V. 	Domestic securities from more than 40 markets
	Clearstream Banking, S.A. 	Domestic securities from more than 50 markets

 

Information Classification: Limited Access

 

STATE STREET CORPORATION 10

 

 

 

Global
Custody Network Publications  

Schedule
C

 

	Publication / Type of
    Information	Brief Description
	 	 	 
	The Guide to Custody in World Markets 

(available on my.statestreet.com)	An overview of settlement and safekeeping procedures, custody practices, and foreign investor considerations for the markets in which State Street offers custodial services.
	 	 	 
	Global Custody Network Review 

(available on my.statestreet.com)	Information relating to Foreign Subcustodians in State Street’s Global Custody Network. The Review stands as an integral part of the materials that State Street provides to its U.S. mutual fund clients to assist them in complying with SEC Rule 17f-5. The Review also gives insight into State Street’s market expansion and Foreign Subcustodian selection processes, as well as the procedures and controls used to monitor the financial condition and performance of our Foreign Subcustodian banks.
	 	 	 
	Securities Depository Review 

(available on my.statestreet.com)	Custody risk analyses of the Foreign Securities Depositories presently operating in Network markets. This publication is an integral part of the materials that State Street provides to its U.S. mutual fund clients to meet informational obligations created by SEC Rule 17f-7.
	 	 	 
	Global Legal Survey 

(available on my.statestreet.com)	With respect to each market in which State Street offers custodial services, annual opinions relating to whether local law restricts:
	 	 	 
	 	(i)	access of a fund’s independent public accountants to books and records of a Foreign Subcustodian or Foreign Securities System,
	 	(ii)	a fund’s ability to recover in the event  of bankruptcy or insolvency of a Foreign Subcustodian or Foreign Securities  System,
	 	(iii)	a fund’s ability to recover in the event of a loss by a Foreign Subcustodian or Foreign Securities System, and
	 	(iv)	the ability of a foreign investor to convert cash and cash equivalents to U.S. dollars.

 

STATE STREET
CORPORATION 1

 

	     GLOBAL
CUSTODY NETWORK PUBLICATIONS

      SCHEDULE C
	 
	 

	Subcustodian Agreements

(available upon request)	Copies of the contracts that State Street has entered into with each Foreign Subcustodian that maintains U.S. mutual fund assets in the markets in which State Street offers custodial services.
	 	 
	Global Market Bulletin

(daily or as necessary via email and available

on my.statestreet.com)	Information on changing settlement and custody conditions in markets where State Street offers custodial services. Includes changes in market and tax regulations, depository developments, dematerialization information, as well as other market changes that may impact State Street’s clients.
	 	 
	Foreign Custody Risk Advisories

(provided as necessary and available on

my.statestreet.com)	For those markets where State Street offers custodial services that exhibit special risks or infrastructures impacting custody, State Street maintains market advisories to highlight those unique market factors which might impact our ability to offer recognized custody service levels.
	 	 
	Foreign Custody Manager Material

Change Notices

(available on my.statestreet.com)	Quarterly informational letters and accompanying materials, pursuant to our role as Foreign Custody Manager, confirming State Street’s foreign custody arrangements, including a summary of material changes with Foreign Subcustodians that  have occurred during the previous quarter. The notices also  identify any material changes in the custodial risks associated  with maintaining assets with Foreign Securities Depositories.

 

Please contact GlobalMarketInformation@statestreet.com with questions about this document.

 

The information contained in this document has been
carefully researched and is believed to be reliable as of the publication date. Due to the complexities of the markets and changing
conditions, however, State Street cannot guarantee that it is complete or accurate in every respect. This document should not be
construed or used as a substitute for appropriate legal or investment counsel. Specific advice should be sought on matters relevant
to the investment activities of the reader. This application contains proprietary information and is fully protected by relevant
copyright laws worldwide.

 

Copyright 2022 State Street Corporation

 

www.statestreet.com

 

Information Classification: Limited Access

 

STATE STREET
CORPORATION 2

 

ACCESSION
AGREEMENT 

 

Custody
Agreement

 

This
Accession Agreement (this “Accession Agreement”) is entered into as of the 31st day of October 2022 by
the undersigned, a Delaware company (the “New Client”) pursuant to the terms of that certain Custody Agreement dated
as of October 13, 2022 (as amended, restated and/or modified from time to time, the “Agreement”) by and among State
Street Bank and Trust Company, and those funds, investment vehicles and other entities set forth on Appendix A thereto,
severally and not jointly (each such entity, a “Client” and collectively the “Clients”). Capitalized terms
used but not defined herein shall have the respective meanings ascribed to such terms in the Agreement. By the execution of this
Accession Agreement, the New Client hereby agrees (a) to become bound by all of the terms and conditions and provisions of the
Agreement as a Client including, without limitation, the representations and warranties set forth in Section 26.1 and 26.2 therein
and (b) adopts the Agreement with the same force and effect as if the New Client were originally a Party thereto. The Appendix
A is hereby deemed amended to include the New Client.

 

IN
WITNESS WHEREOF, this Accession Agreement has been executed for and on behalf of the undersigned as of the day and year first
written above.

 

	OHA Senior
    Private Lending Fund (U) LLC	 
	 	 	 
	By: OHA
    Private Credit Advisors II, L.P.,	 
	 	 
	as its
    Sole Member	 
	 	 	 
	By:	/s/ Gregory S. Rubin	 
	 	Name: Gregory S. Rubin	 
	 	Title: Vice President & Secretary	 

 

	Accepted
and agreed:	 
	 	 	 
	State
    Street Bank and Trust Company	 
	 	 	 
	By:	 	 
	 	Name: 	 
	 	Title:Exhibit 10.1

 

AMENDMENT TO SPONSOR SUPPORT AND FORFEITURE
AGREEMENT

 

This Amendment (this “Amendment”),
dated as of November 22, 2022, by and among Tailwind Acquisition Corp., a Delaware corporation (the “SPAC”),
Tailwind Sponsor LLC, a Delaware limited liability company (“Sponsor”), and Nuburu, Inc., a Delaware corporation
(the “Company”), is to that certain Sponsor Support and Forfeiture Agreement, dated as of August 5, 2022 (the
 “Support Agreement”), by and among the SPAC, the Sponsor and the Company. Capitalized terms used but not defined herein
shall have the meanings ascribed to such terms in the Support Agreement.

 

RECITALS

 

WHEREAS, each of the
SPAC, the Sponsor and the Company desire to amend, and do hereby amend, the Support Agreement as set forth in this Amendment.

 

NOW, THEREFORE, in
consideration of the foregoing recitals, the agreements set forth in this Amendment, and other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the SPAC, the Sponsor and the Company, intending to be legally bound, hereby agree as
follows:

 

		1.	Amendments to the Support Agreement.

 

(a)            The
following definition is added to Section 3 of the Support Agreement:

 

““Sponsor Loan”
means that certain indebtedness incurred or to be incurred by the SPAC up to an aggregate principal amount of $750,000 in connection with
the SPAC shareholder approval of the amendment to the SPAC’s certificate of incorporation to extend the date by which the SPAC has
to consummate a business combination.”

 

(b)            The
following definitions in Section 3 of the Support Agreement are hereby amended and restated in their entirety as follows:

 

““Expense Excess Shares”
means an amount of SPAC Class B Common Stock equal to the product of (i) two (2.0), multiplied by (ii) the quotient obtained
by dividing (x) the excess, if any, of (A) the SPAC Forfeiture Expenses over (B) $6,000,000, by (y) ten dollars ($10).

 

“SPAC Forfeiture Expenses”
means all fees, expenses and disbursements incurred by or on behalf of the SPAC or Merger Sub in connection with the Transactions or
otherwise in connection with the SPAC’s operations, including in connection with any prior transactions pursued by the SPAC and
all obligations (including principal and accrued but unpaid interest) for the payment of borrowed money, other than (i) expenses
incurred by the SPAC and owed to Loop Capital Markets LLC and Tigress Financial Partners in their capacities as capital markets advisors
in connection with the Transactions, (ii) expenses incurred in obtaining the SPAC D&O Tail Policy and any directors and officers
insurance premium with respect to the renewal of the SPAC’s directors and officers policy, (iii)the repayment of the Sponsor Loan,
(iv) any reasonable and documented out-of-pocket fees and expenses incurred in connection with any third-party litigation threatened
or commenced in connection with the Transactions prior to the Closing, and (v) any other fees or expenses borne by the Company
pursuant to Section 10.11 of the BCA.”

 

     

     

    

 

		2.	References to the Support Agreement. After giving effect to this Amendment, unless the context
otherwise requires, each reference in the Support Agreement to “this Agreement,” “hereof,” “hereunder,”
 “herein,” or words of like import referring to the Support Agreement shall refer to the Support Agreement as amended by this
Amendment. Except as specifically set forth above, the Support Agreement shall remain unaltered and in full force and effect and the respective
terms, conditions or covenants thereof are hereby in all respects ratified and confirmed. Upon the execution and delivery of this Amendment
by the parties hereto, (a) this Amendment shall become immediately effective, and (b) this Amendment shall be incorporated in,
and become a part of, the Support Agreement as set forth herein for all purposes of the Support Agreement.

 

		3.	Other Miscellaneous Provisions. Section 13 of the Support Agreement shall apply to this Amendment
as if set forth herein, mutatis mutandis.

 

[Signatures Follow]

 

    	 	- 2 -	 

     

    

 

IN WITNESS WHEREOF, the
parties have caused this Amendment to be duly executed as of the
date first written above.

 

	 	SPONSOR:
	 	 
	 	TAILWIND SPONSOR LLC  
	 	 
	 	By:	 /s/ Philip Krim        
	 	Name:	Philip Krim
	 	Title:	Manager

 

	 	SPAC:
	 	 
	 	TAILWIND ACQUISITION CORP.  
	 	 
	 	By:	/s/ Chris Hollod                   
	 	Name:	Chris Hollod
	 	Title:	Chief Executive Officer

 

	 	COMPANY:
	 	 
	 	NUBURU, INC.  
	 	 
	 	By:	/s/ Mark Zediker                  
	 	Name:	Mark Zediker
	 	Title:	Chief Executive Officer 

 

[Signature Page to Amendment to Sponsor Support
and Forfeiture Agreement]

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