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Why has the payment threshold been set at $10?

payment threshold
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Why has the payment threshold been set at $10?

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Because of practical impediments, and in the interest of carrying out the distribution consistently with other similar distributions, there is a need to establish minimum threshold levels of payments to shareholders. The minimum payment amount is $10 for Direct Accounts and Retirement Plans and $1000 for Omnibus Accounts. If the aggregate amount due to a shareholder within each such shareholder category is less than these minimum amounts, it will be considered under the threshold and the shareholder will not be eligible to receive a payment.

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