<PAGE>
Ex-99.B(h)igappnon
<TABLE>
<S><C>
[LOGO] WADDELL
& REED
FINANCIAL SERVICES-REGISTERED TRADEMARK-
WADDELL & REED, INC. WADDELL & REED FUND FAMILIES ---------------------------------------
P.O. Box 29217 NON-RETIREMENT DIVISION OFFICE STAMP
Shawnee Mission, KS 66201-9217 ACCOUNT APPLICATION
---------------------------------------
Trans Code:
----------------------------
Date Transmitted:
----------------------
------------------------------------------------------------------------------------------------------------------------------------
1. REGISTRATION
------------------------------------------------------------------------------------------------------------------------------------
/ / New Account or / / New Fund For Existing Account
----------------------------------
I (We) make application for an account to be established as follows: (Check One Only)
/ / Single Name / / Joint Tenants w/ROS / / Other:
-------------------------------------------
TOD (Transfer on Death) / / Yes / / No / / Uniform Gifts (Transfers) To Minors (UGMA/UTMA)
/ / Declaration of Trust Revocable (Attach CUF0022) / / Dated Trust Date of Trust
Not Available in Illinois -----------------------------
Month/Day/Year
-----------------------------------------------------------------------------------------------------------------------------------
Individual Name (exactly as desired)/Trustee/Custodian (Tax-responsible party)
-----------------------------------------------------------------------------------------------------------------------------------
Name of Trust, if applicable
==============================================
---------------------------------------------- ------------------------- --------------------------- -----------------------------
Social Security # or Taxpayer Identification # Date of Birth Cummulative Discount Number Relationship of Joint Owner,
(Month/Day/Year) (from existing account(s) if Applicable
============================================== if applicable)
------------------------------------------------------------------------------------------------------------------------------------
Joint Name (if any, exactly as desired)/Co-Trustee/Minor (for UGMA/UTMA)
==============================================
---------------------------------------------- ------------------------- ----------------------------------------------------------
Social Security # or Taxpayer Identification # Date of Birth Mailing Address
(Month/Day/Year)
==============================================
---------------------------------------------- ----------------------------------------- -------------
Telephone (home) City State
-
---------------------------------------------- --------------- ------- -----------------------------
Telephone (work) Zip Code Citizenship (Required in VA)
------------------------------------------------------------------------------------------------------------------------------------
2. BENEFICIARY: FOR TOD (TRANSFER ON DEATH) ACCOUNTS ONLY
------------------------------------------------------------------------------------------------------------------------------------
Full Name of Beneficiary Tax Identification Number Date of Birth Relationship Percent
------------------------------------------ ---------------------------- ---------------------- --------------- -------------%
(Month/Day/Year)
------------------------------------------ ---------------------------- ---------------------- --------------- -------------%
(Month/Day/Year)
------------------------------------------ ---------------------------- ---------------------- --------------- -------------%
(Month/Day/Year)
------------------------------------------ ---------------------------- ---------------------- --------------- -------------%
(Month/Day/Year)
------------------------------------------------------------------------------------------------------------------------------------
3. INVESTMENTS: MAKE CHECK PAYABLE TO WADDELL & REED, INC.
------------------------------------------------------------------------------------------------------------------------------------
Dividend/capital gain
Amount payment options*
Fund Enclosed RR CC CR
$ / / / / / /
---------- -------------------
$ / / / / / /
---------- -------------------
$ / / / / / /
---------- -------------------
$ / / / / / /
---------- -------------------
$ / / / / / /
---------- -------------------
$ / / / / / /
---------- -------------------
Total $
-------------------
* RR = Reinvest Div/Cap Gain CC = Cash Div/Cap Gain CR = Cash Div/Reinvest Cap Gain All Dividends/Capital Gains under
$5.00 will be Reinvested. See page 2 if you wish your distributions to go to another Fund or Account.
CAP1 (06/2000) Page 1 of 6
<PAGE>
------------------------------------------------------------------------------------------------------------------------------------
4. ESTABLISH AUTOMATIC INVESTMENT SERVICE
------------------------------------------------------------------------------------------------------------------------------------
Complete the Bank Information Section.
Fund Draft Begins On Draft Amount Frequency (check one - monthly will be used if not checked)
(Month/Day/Year) $25.00 Minimum Per Fund Monthly Quarterly Semi-Annually Annually
$ / / / / / / / /
---------------- ------------------------ -----------------------
$ / / / / / / / /
---------------- ------------------------ -----------------------
$ / / / / / / / /
---------------- ------------------------ -----------------------
$ / / / / / / / /
---------------- ------------------------ -----------------------
$ / / / / / / / /
---------------- ------------------------ -----------------------
$ / / / / / / / /
---------------- ------------------------ -----------------------
------------------------------------------------------------------------------------------------------------------------------------
5. ESTABLISH EXPEDITED REDEMPTION SERVICE
------------------------------------------------------------------------------------------------------------------------------------
For all classes of Waddell & Reed Advisors Cash Management and W&R Money Market.
/ / Establish Service and complete Bank Information Section. Fund
-----------
On accounts where expedited redemption is requested, Waddell & Reed, Inc. is authorized to honor any requests from anyone for
redemption of fund shares so long as the proceeds are transmitted to the identified account. All wires must be transmitted
exactly as registered on the account.
------------------------------------------------------------------------------------------------------------------------------------
6. ALTERNATE DIVIDEND AND CAPITAL GAIN PAYMENTS
------------------------------------------------------------------------------------------------------------------------------------
To send distributions to a third party or to another account, please fill in the appropriate information below.
/ / Electronically deposit into bank account. (Complete Bank Information Section.)
TO ALTERNATE PAYEE:
TO ANOTHER FUND: (Must be to the same class of shares.)
--------------------------------------------------------------
Name Account Number Fund
-------------------------------------------------------------- -------------------------- -----------
Address (including apartment or box number)
--------------------------------------------------------------
City/State/Zip
------------------------------------------------------------------------------------------------------------------------------------
7. BANK INFORMATION: ATTACH VOIDED CHECK OR DEPOSIT SLIP PREPRINTED WITH ACCOUNT INFORMATION.
------------------------------------------------------------------------------------------------------------------------------------
Establish service between my fund and my: / / Checking Account / / Savings Account
This information will be used for electronically processing the following (check applicable boxes):
/ / Dividend/Capital Gain Distributions (Complete Sec. 6) / / Automatic Investment Service (Complete Sec. 4)
/ / Flexible Withdrawal Service (Complete Sec. 8) / / Expedited Redemptions (Complete Sec. 5)
------------------------------------------------ -----------------------------------------
Bank Name Bank Routing Number
------------------------------------------------ -----------------------------------------
Bank Mailing Address Bank Account Number
------------------------------------------------ --------------------------------------------------------------------
City/State/Zip Name of Account Holder, exactly as on bank statements
==================================================================== AUTHORIZATION TO HONOR CHECKS DRAWN BY WADDELL & REED,
Your Name INC.
Your Address -------------------- As a convenience to me, I hereby request and authorize
you to pay and charge to my or our account identified
above, debit entries drawn on the account by Waddell
Pay to the order of & Reed, Inc. provided there are sufficient funds in the
---------------------------------------------------------------- account to pay the same on presentation. This
VOID authorization shall remain in effect until revoked by me
---------------------------------------------------------------- in writing and until you actually receive such notice. I
Your Bank agree that you shall be fully protected by honoring any
such debit entry. I agree that your rights in respect to
any debit entry shall be the same as if it were a check
For signed personally by me. I further agree, that if any
---------------------------- ----------------------------- such debit entry be dishonored, whether intentionally
or inadvertently, you shall be under no liability
0201020102 0201020102 0201 whatsoever.
====================================================================
ATTACH VOIDED CHECK PREPRINTED WITH ACCOUNT
INFORMATION. DO NOT STAPLE.
CAP1 (06/2000) Page 2 of 6
<PAGE>
------------------------------------------------------------------------------------------------------------------------------------
8. ESTABLISH FLEXIBLE WITHDRAWAL SERVICE
------------------------------------------------------------------------------------------------------------------------------------
1. This application directs Waddell & Reed Services Company to redeem the amounts listed on the 20th day of the indicated month,
or if not a business day, on the preceding business day.
2. Allow ten days from the date your instructions are received in the home office for processing of any changes and/or initiation
of a Flexible Withdrawal Service.
3. The aggregate total investment, or the present net asset value of the shareholder's Waddell & Reed Fund Families combined
accounts should exceed $10,000. It would be a disadvantage to an investor to make additional purchases of Class A shares while
the service is in effect because it would result in duplication of sales charges.
4. Minimum withdrawals for dollars or shares are $50 aggregate or a 5 share minimum per fund.
5. If a percentage is shown for monthly withdrawals, 1/12th of the indicated percentage of the asset value of the shares in the
account will be redeemed. If withdrawals are to be made quarterly, 1/4th of the indicated percentage of the asset value of the
shares in the account will be redeemed. If withdrawals are to be made semi-annually, 1/2 of the indicated percentage will be
redeemed.
6. Information about the federal tax status of shares redeemed through the Flexible Withdrawal Services will be mailed to
shareholders annually.
7. Dividends and capital gains distributions are automatically reinvested. Information on the Federal tax status of shares
redeemed through Flexible Withdrawal Accounts will be mailed to shareholders annually.
8. There will be no contingent deferred sales charge (CDSC) taken if monthly withdrawals from Class B and C shares do not exceed
2% of the value of the Fund, 24% annually. If the withdrawal exceeds 2% a month or 24% annually, CDSC will be taken on all
CDSC liable shares that are withdrawn.
FUND EFFECTIVE BEGINNING AMOUNT FREQUENCY
(Month/Day/Year) Indicates dollars, shares or percentage (check one - monthly will be used if not checked)
Monthly Quarterly Semi-Annually Annually
2 0 / / $ / / Shares / / % / / / / / / / /
---------- --------------------- --------------------
2 0 / / $ / / Shares / / % / / / / / / / /
---------- --------------------- --------------------
2 0 / / $ / / Shares / / % / / / / / / / /
---------- --------------------- --------------------
2 0 / / $ / / Shares / / % / / / / / / / /
---------- --------------------- --------------------
MAKE PAYABLE AS FOLLOWS
/ / Electronically (attach check in Bank Information Section) / / By check to alternate payee as shown below
/ / By check to owner(s) of the account listed in the registration / / By check to owner(s) of the account at the alternate
address shown below.
DESIGNATE ALTERNATE PAYEE OR ADDRESS
Complete this section if the check is TO BE PAYABLE TO AN ALTERNATE PAYEE (other than as registered) or SENT TO AN
ALTERNATE ADDRESS. If sending FWS to another fund/account please indicate Account, Fund and Amount. Must be same class.
ALTERNATE PAYEE/ADDRESS ALTERNATE ACCOUNT/FUND
$
--------------------------------------------------------- ---------------------------------- ------------ ---------------
Name or Institution Account Fund Amount
---------------------------------------------------------
Street
---------------------------------------------------------
City/State/Zip
---------------------------------------------------------
Bank Account Number (if applicable)
------------------------------------------------------------------------------------------------------------------------------------
9. ESTABLISH FUNDS PLUS SERVICE (AUTOMATICALLY EXCHANGE MONEY MARKET SHARES INTO SAME CLASS OF ANOTHER FUND.)
------------------------------------------------------------------------------------------------------------------------------------
Check applicable box and complete requested information.
/ / From NEW money market account established with this application
/ / From EXISTING money market account Account Number Fund
--------------------- -------------
ACCOUNT FUND EFFECTIVE BEGINNING AMOUNT FREQUENCY
(Month/Day/Year) (check one - monthly will be used if not checked)
Monthly Quarterly Semi-Annually Annually
$ / / / / / / / /
-------------------- ----------- -------------------- ----------------------
$ / / / / / / / /
-------------------- ----------- -------------------- ----------------------
$ / / / / / / / /
-------------------- ----------- -------------------- ----------------------
$ / / / / / / / /
-------------------- ----------- -------------------- ----------------------
CAP1 (06/2000) Page 3 of 6
<PAGE>
------------------------------------------------------------------------------------------------------------------------------------
10. LETTER OF INTENT (CLASS A SHARES ONLY)
------------------------------------------------------------------------------------------------------------------------------------
This purchase may be entitled to a reduced sales charge for the following reason(s):
/ / EXISTING LETTER OF INTENT (LOI) for $ under LOI number
---------------- ------------------
/ / LETTER OF INTENT for $ is hereby executed. See below for amounts, terms and conditions.
-------------------
$100.000 $200.000 $300.000 $500.000 $1,000,000 $2,000.000
/ / Shareholder(s) has CUMULATIVE DISCOUNT NUMBER
------------------------------
/ / Shareholder(s) is linked to the following existing accounts for RIGHTS OF ACCUMULATION purposes:
Account Numbers(s)
------------------- ---------------------- --------------------
------------------- ---------------------- --------------------
/ / Other accounts are being opened at this time, which will qualify to be
linked for RIGHTS OF ACCUMULATION. The accounts are being opened under
the names and tax identification numbers as follows:
Names(s) Tax Identification Number
--------------------------------- ------------------------------------------
--------------------------------- ------------------------------------------
--------------------------------- ------------------------------------------
TERMS AND CONDITIONS
1. This Agreement does not bind the investor to buy, or Waddell & Reed, Inc.
to sell, any shares.
2. This agreement can only be terminated before the 13 months has elapsed
by submitting a written request signed by all owners.
3. Any purchase made under this Agreement will be made at the offering
price applicable to a one-time purchase of the amount the investor has
checked on the front of this Agreement as described in the prospectus of
the fund or funds being purchased.
4. If the amount invested during the 13-month period covered by this
Agreement exceeds the required amount and is large enough to qualify for a
sales charge lower than that available under this Agreement, the lower
sales charge will be applied to the amount invested. Upon termination
of this Agreement, a price adjustment will be made to give effect to
the lower sales charge and the amount of the price adjustment will be
reinvested in additional shares of the fund(s) on the date of
termination.
5. If the amount invested during the 13-month period covered by this
Agreement is less than the required amount, the sales charge for the
investments reverts back to that outlined in the Fund Prospectus, as if
the Agreement had not been executed. Waddell & Reed, Inc. will subtract
shares equal in value to the amount of the additional sales charge due
from escrowed shares. The investor hereby irrevocably appoints
Waddell & Reed, Inc. or its successors or assigns, as attorney to
surrender for redemption shares in an amount equal to the additional
sales charge owed on the purchases made. This appointment and the
authority granted herein shall be binding on the heirs, legal
representatives, successors and assigns of the investor.
6. While the value of purchases made prior to the acceptance date of this
Agreement will be considered in determining the Intended Investment, the
sales charge imposed on prior purchases will not be retroactively reduced.
7. Shares purchased directly to Waddell & Reed Advisors Cash Management or
W&R Money Market will not be considered when determining the net asset
value of shares presently held by the investor as of the date of
acceptance of this Agreement, nor for determining the amount invested
under this Agreement. However, non-commissionable shares are considered
for these purposes.
------------------------------------------------------------------------------------------------------------------------------------
11. CHECK SERVICE (CLASS A SHARES ONLY)
------------------------------------------------------------------------------------------------------------------------------------
Check applicable box and complete this section.
/ / W&R Money Market, Inc. (Fund 670) / / Waddell & Reed Advisors Cash Management, Inc. (Fund 750)
/ / Waddell & Reed Advisors Government Securities. Inc. (Fund 753)
SIGNATURE AUTHORIZATION FOR WRITING CHECKS
The payment of funds on the conditions set forth below is authorized by the
persons signing below (the Shareholder). UMB BANK, N.A. (the Bank) is
authorized by the Shareholder to honor any checks for not less than $250
presented against this account and is directed to forward said checks to the
redemption agent of W&R Money Market, Inc., Waddell & Reed Advisors Cash
Management, Inc. and Waddell & Reed Advisors Government Securities, Inc. (the
"Mutual Funds") as authority to pay the checks. Checks will be paid by
redeeming a sufficient number of shares for which share certificates have
not been issued in the Shareholder's account with the Mutual Funds. Checks
will be subject to the Bank's rules and regulations governing such checks,
including the right of the Bank not to honor checks in amounts exceeding the
value of the Shareholder's account with the Mutual Funds at the time the check
is presented for payment. Shareholder hereby authorizes the Mutual Funds or
their redemption agent to honor redemption requests presented in the above
manner by the Bank.
It is further agreed as follows:
1. Shareholder(s) below waive the right to receive the cancelled check(s)
after each check is processed and the underlying shares of the Mutual
Funds have been redeemed.
2. The account may not be used for any purpose other than the presentment,
forwarding and payment of checks relating to an account in the Mutual
Funds.
3. The Bank reserves the right to change, modify or terminate this
agreement at any time upon notification mailed to the address noted
in the account registration.
Authorized Signature(s) / / Check box if more than one signature is
required on checks.
---------------------------- BY SIGNING, THE SIGNATOR(S) SIGNIFIES AGREEMENT
---------------------------- TO BE SUBJECT TO THE RULES AND REGULATIONS OF
---------------------------- UMB BANK, N.A. PERTAINING THERETO AN AS
---------------------------- AMENDED FROM TIME TO TIME, AND TO THE
CONDITIONS PRINTED ABOVE.
CAP1 (06/2000) Page 4 of 6
<PAGE>
------------------------------------------------------------------------------------------------------------------------------------
12. CONFIDENTIAL DATA (REQUIRED)
------------------------------------------------------------------------------------------------------------------------------------
1. Marital Status: 2. Gross Family Income: $ 3. Taxable Income: $
(Required in VA)------------------- ------------------- -------------------
4. Number of Dependents:
-----------------
5. Occupation:
----------------------------------------------------------------------------------------------
6. Employer Name:
-------------------------------------------------------------------------------------------
7. Employer Address:
----------------------------------------------------------------------------------------
8. Savings and Liquid Assets: $ 9. Other Assets (excluding home, furnishings, cars): $
-------------------- --------------------
10. Net Worth (assets minus liabilities): $
-------------------
11. Are you associated with an NASD Member? / / Yes / / No
12. Investment Objectives (mark all that apply):
/ / Retirement Savings / / Reserves / / College Funds / / Buy Major Asset / / Other Needs/Goals (specify in Special Remarks)
13. Special Remarks/Considerations:
---------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
14. Residence Address:
(if different from ----------------------------------------------------------------------------------------------------------
Mailing Address) Street City State Zip
(Required in CT)
15. Was this investment solicited by a W&R Advisor/Representative? / / Yes / / No
16. Has any beneficial owner of this account conducted any prior investment activity? / / Yes / / No
If yes, which owner(s)?
------------------------------------------------------------------------------------------------------
17. Are proceeds from the sale of another security being used to open this account? / / Yes / / No
If yes, specify:
-------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
13. ACKNOWLEDGEMENT
------------------------------------------------------------------------------------------------------------------------------------
- I (We) have received a copy of the current prospectus of the Funds selected, and agree to the terms therein and herein.
- Under penalties of perjury, I certify that the social security number or other taxpayer identification number shown in Section
1 is correct (or I am waiting for a number to be issued to me) and (strike the following if not true) that I am not subject to
backup withholding because (a) I am exempt from backup withholding, or (b) I have not been notified by the IRS that I am
subject to backup withholding as a result of a failure to report all interest and dividends, or (c) the IRS has notified me
that I am no longer subject to backup withholding.
- I (we) understand that there may be a deferred sales charge upon the redemption of any shares held in an account for less than
the time specified in the prospectus.
Signature(s) of Purchasers (all joint purchasers must sign). SIGN EXACTLY AS NAME(S) APPEAR IN REGISTRATION.
THE INTERNAL REVENUE SERVICE DOES NOT REQUIRE YOUR CONSENT TO ANY PROVISION OF THIS DOCUMENT OTHER THAN THE CERTIFICATION
REQUIRED TO AVOID BACKUP WITHHOLDING.
------------------------------------------------ --------------------------------------- -------------------------------
(Signature) (Printed Name) (Title, if any)
------------------------------------------------ --------------------------------------- -------------------------------
(Signature) (Printed Name) (Title, if any)
------------------------------------------------ ---------------------
(Advisor/Representative Signature) (Date)
Advisor/Representative Number | | | | | |
---------------------
--------------------------------------------------------
CHECK ANY ITEMS ENCLOSED WITH APPLICATION
/ / Declaration Trust Revocable (CUF0022) ------------------
/ / Additional Applications OSJ:
-------------- (H.O. USE)
/ / Check enclosed #
---------------------
/ / Other:
-------------------------------
--------------------------------------------------------------------------
</TABLE>
CAP1 (06/2000) Page 5 of 6
<PAGE>
WADDELL & REED FUND FAMILIES
<TABLE>
<CAPTION>
CLASS A CLASS B CLASS C
W & R FUNDS
<S> <C> <C> <C>
W & R Total Return 601 501 301
W & R Small Cap Growth 602 502 302
W & R Limited-Term bond 603 503 303
W & R Municipal Bond 604 504 304
W & R International Growth 605 565 305
W & R Asset Strategy 606 506 306
W & R Science & Technology 608 508 308
W & R High Income 609 509 309
W & R Large Cap Growth 667 567 367
W & R Mid Cap Growth 668 568 368
W & R Tax-Managed Equity 669 569 369
W & R Money Market 670 570 370
WADDELL & REED ADVISORS FUNDS
Waddell & Reed Advisors Income 621 121 321
Waddell & Reed Advisors Science & Technology 622 122 322
Waddell & Reed Advisors Accumulative 623 123 323
Waddell & Reed Advisors Bond 624 124 324
Waddell & Reed Advisors International Growth 625 125 325
Waddell & Reed Advisors Continental Income 627 127 327
Waddell & Reed Advisors High Income 628 128 328
Waddell & Reed Advisors Vanguard 629 129 329
Waddell & Reed Advisors New Concepts 630 130 330
Waddell & Reed Advisors High Income II 634 134 334
Waddell & Reed Advisors Tax-Managed Equity 671 171 371
Waddell & Reed Advisors Small Cap 677 177 377
Waddell & Reed Advisors Retirement Shares 680 180 380
Waddell & Reed Advisors Asset Strategy 684 184 384
Waddell & Reed Advisors Cash Management 750 150 350
Waddell & Reed Advisors Government Securities 753 153 353
Waddell & Reed Advisors Municipal Bond 760 160 360
Waddell & Reed Advisors Municipal High Income 762 162 362
</TABLE>
CAP1 (06/2000) Page 6 of 6
<PAGE>
Ex-99.B(h)igapplabc
<TABLE>
<S><C>
[LOGO] WADDELL
& REED
FINANCIAL SERVICES-REGISTERED TRADEMARK-
WADDELL & REED, INC. WADDELL & REED FUND FAMILIES ---------------------------------------
P.O. Box 29217 RETIREMENT DIVISION OFFICE STAMP
Shawnee Mission, KS 66201-9217 ACCOUNT APPLICATION
---------------------------------------
Trans Code:
----------------------------
Date Transmitted:
----------------------
-----------------------------------------------------------------------------------------------------------------------------------
1. REGISTRATION
-----------------------------------------------------------------------------------------------------------------------------------
/ / NEW ACCOUNT or / / NEW FUND FOR EXISTING ACCOUNT
----------------------------------
PLAN TYPE -- DOCUMENT SPONSORED BY: / / W&R / / NON-W&R
I (WE) MAKE APPLICATION FOR AN ACCOUNT TO BE ESTABLISHED AS FOLLOWS: (CHECK ONE ONLY)
*Include a copy of the adoption agreement with this application.
/ / IRA (701/050) / / *Simplified Employee Pension -- SEP (702/050) / / *401(k) (401-081) Simple 401(k) (340)
(CRP0005) (MRP1166KT-Employer and CRP0005-Employee) (MRP0720-Non Inventory)
/ / Rollover (703/050) / / *Simple IRA (765/050) / / *Owner-Only Profit Sharing (132)
(CRP0005) (MRP1659KT-Employer and MRP1699-Employee) (MRP0651 and MRP0651 AP)
/ / Roth IRA (791/050) / / Non Title-1 TSA (773-050) ORP (773) / / *Owner-Only Money Purchase (122)
(CRP1695) (MRP1198) (MRP0651 and MRP0651AM)
/ / Conversion Roth IRA (792/050) / / *Title-I TSA (724) 457 Plan (730/731) / / *Multi Part. Profit Sharing (832/097/098)
(CRP1695) (MRP1198TI-Non Inventory) (MRP1401) (MRP0651 and MRP0651AP)
/ / Education IRA (793/050) / / *Church Sponsored TSA (774) / / *Multi Part. Money Purchase (822/099/100)
(CRP1696) (Non Inventory-Case by Case) (MRP0651 and MRP0651AM)
/ / Defined Benefit (154) / / Target Benefit (032)
Note -- For internal use Plan Type codes and Retirement Plan form numbers are listed after each Plan Type.
-----------------------------------------------------------------------------------------------------------------------------------
Trustee/Custodian or Education IRA Responsible Party
-----------------------------------------------------------------------------------------------------------------------------------
Employer or Business/Organization Name, if Applicable for Plan Type
------------------------------- ------------------------------ ------------------------ ---------------------------------------
Plan Type Tax Identification #, Employer Tax Identification #, Plan Year End Cumulative Discount Number
if Applicable if Applicable (Month/Day/Year) (from existing account(s) if applicable)
-----------------------------------------------------------------------------------------------------------------------------------
Participant, Planholder or Education IRA Beneficiary
===================================
---------------------------------- --------------------- ----------------------------------------------------------------------
Social Security # or Taxpayer Date of Birth Mailing Address
Identification # (Month/Day/Year)
===================================
---------------------------------- ---------------------------------------------------------------------------------- ----------
Telephone (home) City State
---------------------------------- ----------------------------------------------------------- ---------------------------------
Telephone (office) Zip Code Citizenship (Required in VA)
-----------------------------------------------------------------------------------------------------------------------------------
2. BENEFICIARY
-----------------------------------------------------------------------------------------------------------------------------------
Only for Traditional, Roth, SEP, Simple and Education IRAs and Non Title-1 TSA's.
To designate contingent beneficiaries or per stirpes distribution, use MRP-0972. For Qualified Plans use MRP-1588.
Full Name of Beneficiary Tax Identification Number Date of Birth Relationship Percent
%
-------------------------------------------- ---------------------------- ---------------- -------------- -----------------
(Month/Day/Year)
%
-------------------------------------------- ---------------------------- ---------------- -------------- -----------------
(Month/Day/Year)
%
-------------------------------------------- ---------------------------- ---------------- -------------- -----------------
(Month/Day/Year)
%
-------------------------------------------- ---------------------------- ---------------- -------------- -----------------
(Month/Day/Year)
-----------------------------------------------------------------------------------------------------------------------------------
3. INVESTMENTS: MAKE CHECK PAYABLE TO WADDELL & REED, INC.
-----------------------------------------------------------------------------------------------------------------------------------
Amount
Fund Enclosed **Year of Contribution TOP From Another Firm
$ / /
---------- ------------------- -------------------
$ / /
---------- ------------------- -------------------
$ / /
---------- ------------------- -------------------
$ / /
---------- ------------------- -------------------
$ / /
---------- ------------------- -------------------
$ / /
---------- ------------------- -------------------
Total $ **If left blank we will assume current year contribution.
-------------------
CAP1771 (Revised 06/2000) Page 1 of 6
<PAGE>
-----------------------------------------------------------------------------------------------------------------------------------
4. ESTABLISH AUTOMATIC INVESTMENT SERVICE
-----------------------------------------------------------------------------------------------------------------------------------
Complete the Bank Information Section.
Fund Draft Begins On Draft Amount Frequency (check one - monthly will be used if not checked)
(Month/Day/Year) $25.00 Minimum Per Fund Monthly Quarterly Semi-Annually Annually
$ / / / / / / / /
---------------- ------------------------ -----------------------
$ / / / / / / / /
---------------- ------------------------ -----------------------
$ / / / / / / / /
---------------- ------------------------ -----------------------
$ / / / / / / / /
---------------- ------------------------ -----------------------
$ / / / / / / / /
---------------- ------------------------ -----------------------
$ / / / / / / / /
---------------- ------------------------ -----------------------
-----------------------------------------------------------------------------------------------------------------------------------
5. ESTABLISH EXPEDITED REDEMPTION SERVICE
-----------------------------------------------------------------------------------------------------------------------------------
For all classes of Waddell & Reed Advisors Cash Management and W&R Money Market.
/ / Establish Service and complete Bank Information Section. Fund
-----------
On accounts where expedited redemption is requested, Waddell & Reed, Inc. is authorized to honor any requests
from anyone for redemption of fund shares as long as the proceeds are transmitted to the identified account. All wires must
be transmitted exactly as registered on the account.
-----------------------------------------------------------------------------------------------------------------------------------
6. BANK INFORMATION: ATTACH VOIDED CHECK OR DEPOSIT SLIP PREPRINTED WITH ACCOUNT INFORMATION.
-----------------------------------------------------------------------------------------------------------------------------------
Establish service between my fund and my: / / Checking Account / / Savings Account
This information will be used for electronically processing the following (check applicable boxes):
/ / Flexible Withdrawal Service (Complete Sec. 7) / / Expedited Redemption Service (Complete Sec. 5)
/ / Automatic Investment Service (Complete Sec. 4)
------------------------------------------------ -----------------------------------------
Bank Name Bank Routing Number
------------------------------------------------ -----------------------------------------
Bank Mailing Address Bank Account Number
------------------------------------------------ ---------------------------------------------------------------------
City/State/Zip Name of Account Holder, exactly as on bank statements
===================================================================
------------------------------------------------------------------- AUTHORIZATION TO HONOR CHECKS DRAWN
Your Name BY WADDELL & REED, INC.
Your Address As a convenience to me, I hereby request and authorize
you to pay and charge to my or our
account identified
above, debit entries drawn on the
account by Waddell
Pay to the order of & Reed, Inc. provided there are
sufficient funds in the
---------------------------------------------------------------- account to pay the same on
presentation. This
VOID authorization shall remain in
effect until revoked by me
---------------------------------------------------------------- in writing and until you actually
receive such notice. I
Your Bank agree that you shall be fully
protected by honoring any
such debit entry. I agree that your
rights in respect to
any debit entry shall be the same
as if it were a check
For signed personally by me. I further
agree, that if any
---------------------------- ----------------------------- such debit entry be dishonored,
whether intentionally
or inadvertently, you shall be
under no liability
0201020102 0201020102 0201 whatsoever.
-------------------------------------------------------------------
=================================================================== ATTACH VOIDED CHECK PREPRINTED WITH
ACCOUNT INFORMATION. DO NOT STAPLE.
CAP1771 (Revised 06/2000) Page 2 of 6
<PAGE>
-----------------------------------------------------------------------------------------------------------------------------------
7. ESTABLISH FLEXIBLE WITHDRAWAL SERVICE
-----------------------------------------------------------------------------------------------------------------------------------
1. This application directs Waddell & Reed Services Company to redeem the amounts listed on the 20th day of the indicated month,
or if not a business day, on the preceding business day.
2. Allow ten days from the date your instructions are received in the home office for processing of any changes and/or
initiation of a Flexible Withdrawal Service.
3. The aggregate total investment, or the present net asset value of the shareholder's Waddell & Reed Fund Families combined
accounts should exceed $10,000. It would be a disadvantage to an investor to make additional purchases of Class A shares
while the service is in effect because it would result in duplication of sales charges.
4. Minimum withdrawals for dollars or shares are $50 aggregate or a 5 share minimum per fund.
5. If a percentage is shown for monthly withdrawals, 1/12th of the indicated percentage of the asset value of the shares in the
account will be redeemed. If withdrawals are to be made quarterly, 1/4th of the indicated percentage of the asset value of the
shares in the account will be redeemed. If withdrawals are to be made semi-annually, 1/2 of the indicated percentage will be
redeemed.
6. Information about the federal tax status of shares redeemed through the Flexible Withdrawal Services will be mailed to
shareholders annually.
7. Dividends and capital gains distributions are automatically reinvested. Information on the Federal tax status of shares
redeemed through Flexible Withdrawal Accounts will be mailed to shareholders annually.
8. There will be no contingent deferred sales charge (CDSC) taken if monthly withdrawals from Class B and C shares do not exceed
2% of the value of the Fund, 24% annually. If the withdrawal exceeds 2% a month or 24% annually, CDSC will be taken on all CDSC
liable shares that are withdrawn.
FUND EFFECTIVE BEGINNING AMOUNT FREQUENCY
(Month/Day/Year) Indicate dollars, shares or percentage (check one - monthly will be used if not checked)
Monthly Quarterly Semi-Annually Annually
2 0 / / $ / / SHARES / / % / / / / / / / /
---------- --------------------- --------------------
2 0 / / $ / / SHARES / / % / / / / / / / /
---------- --------------------- --------------------
2 0 / / $ / / SHARES / / % / / / / / / / /
---------- --------------------- --------------------
2 0 / / $ / / SHARES / / % / / / / / / / /
---------- --------------------- --------------------
MAKE PAYABLE AS FOLLOWS
/ / Electronically (attach check in Bank Information Section) / / By check to alternate payee as shown below
/ / By check to owner(s) of the account listed in the registration / / By check to owner(s) of the account at the alternate
address shown below.
DESIGNATE ALTERNATE PAYEE OR ADDRESS
Complete this section if the check is TO BE PAYABLE TO AN ALTERNATE PAYEE (other that as registered) or SENT TO AN ALTERNATE
ADDRESS. If sending FWS to another fund/account please indicate Account, Fund and Amount. Must be same class of shares.
ALTERNATE PAYEE/ADDRESS ALTERNATE ACCOUNT/FUND
$
--------------------------------------------------------- ---------------------------------- ------------ ---------------
Name or Institution Account Fund Amount
---------------------------------------------------------
Street
---------------------------------------------------------
City/State/Zip
---------------------------------------------------------
Bank Account Number (if applicable)
FEDERAL INCOME TAX WITHHOLDING FOR RETIREMENT PLAN ACCOUNTS
Check One:*
A / / The undersigned directs that NO Federal Income Tax shall be withheld from the above described Withdrawal.
B / / The undersigned directs that Federal Income Tax be withheld from the above described Withdrawal.
*IF NEITHER BLOCK IS SELECTED, FEDERAL INCOME TAXES WILL NOT BE WITHHELD
-----------------------------------------------------------------------------------------------------------------------------------
8. ESTABLISH FUNDS PLUS SERVICE (AUTOMATICALLY EXCHANGE MONEY MARKET SHARES INTO SAME CLASS OF ANOTHER FUND.)
-----------------------------------------------------------------------------------------------------------------------------------
Check applicable box and complete requested information.
/ / From NEW money market account established with this application
/ / From EXISTING money market account Account Number Fund
--------------------- -------------
ACCOUNT FUND EFFECTIVE BEGINNING AMOUNT FREQUENCY
(Month/Day/Year) (check one - monthly will be used if not checked)
Monthly Quarterly Semi-Annually Annually
$ / / / / / / / /
-------------------- ----------- -------------------- ----------------------
$ / / / / / / / /
-------------------- ----------- -------------------- ----------------------
$ / / / / / / / /
-------------------- ----------- -------------------- ----------------------
$ / / / / / / / /
-------------------- ----------- -------------------- ----------------------
CAP1771 (Revised 06/2000) Page 3 of 6
<PAGE>
------------------------------------------------------------------------------------------------------------------------------------
9. LETTER OF INTENT (CLASS A SHARES ONLY)
------------------------------------------------------------------------------------------------------------------------------------
This purchase may be entitled to a reduced sales charge for the following reason(s):
/ / Existing LETTER OF INTENT (LOI) for $______________ under LOI number _____________
/ / LETTER OF INTENT for $______________ is hereby executed. See below for amounts, terms and conditions.
$100,000 $200,000 $300,000 $500,000 $1,000,000 $2,000,000
/ / Shareholder(s) has CUMULATIVE DISCOUNT NUMBER
---------------------
/ / Shareholder(s) is linked to following existing accounts for Rights of Accumulation purposes:
Account Number(s)
------------------------ ------------------------ ------------------------
------------------------ ------------------------ ------------------------
/ / Other accounts are being opened at this time, which will qualify to be linked for RIGHTS OF ACCUMULATION.
The accounts are being opened under the names and tax identification numbers as follows:
Name(s) Tax Identification Number
--------------------------------- ----------------------------------
--------------------------------- ----------------------------------
--------------------------------- ----------------------------------
TERMS AND CONDITIONS
1. This Agreement does not bind the investor to buy, or Waddell & Reed, Inc. to sell, any shares.
2. This Agreement can only be terminated before the 13 months has elapsed by submitting a written request signed by all
owners.
3. Any purchase made under this Agreement will be made at the offering price applicable to a one-time purchase of the amount
the investor has checked on the front of this Agreement as described in the prospectus of the fund or funds being
purchased.
4. If the amount invested during the 13-month period covered by this Agreement exceeds the required amount and is large
enough to qualify for a sales charge lower than that available under this Agreement, the lower sales charge will be
applied to the amount invested. Upon termination of this Agreement, a price adjustment will be made to give effect to the
lower sales charge and the amount of the price adjustment will be reinvested in additional shares of the fund(s) on the
date of termination.
5. If the amount invested during the 13-month period covered by this Agreement is less than the required amount, the sales
charge for the investments reverts back to that outlined in the Fund Prospectus, as if the Agreement had not been
executed. Waddell & Reed, Inc. will subtract shares equal in value to the amount of the additional sales charge due from
escrowed shares. The investor hereby irrevocably appoints Waddell & Reed, Inc. or its successors or assigns, as attorney
to surrender for redemption shares in an amount equal to the additional sales charge owed on the purchases made. This
appointment and the authority granted herein shall be binding on the heirs, legal representatives, successors and assigns
of the investor.
6. While the value of purchases made prior to the acceptance date of this Agreement will be considered in determining the
Intended Investment, the sales charge imposed on prior purchases will not be retroactively reduced.
7. Shares purchased directly to Waddell & Reed Advisors Cash Management or W&R Money Market will not be considered when
determining the net asset value of shares presently held by the investor as of the date of acceptance of this Agreement,
nor for determining the amount invested under this Agreement. However, non-commissionable shares are considered for these
purposes.
CAP1771 (Revised 06/2000) Page 4 of 6
<PAGE>
------------------------------------------------------------------------------------------------------------------------------------
10. CONFIDENTIAL DATA (REQUIRED)
------------------------------------------------------------------------------------------------------------------------------------
1. Marital Status:__________ 2. Gross Family Income: $____________ 3. Taxable Income: $_______________
(Required in VA)
4. Number of Dependents: ___________
5. Occupation: __________________________________________________________________
6. Employer Name: ____________________________________________________________________
7. Employer Address: __________________________________________________________________
8. Savings and Liquid Assets: $_______________ 9. Other Assets (excluding home, furnishings, cars): $_______________
10. Net Worth (assets minus liabilities: $_____________
11. Are you associated with an NASD Member? / / Yes / / No
12. Investment Objectives (mark all that apply):
/ / Retirement Savings / /Reserves / / College Funds / /Buy Major Asset / / Other Needs/Goals (specify in Special Remarks)
13. Special Remarks/Considerations: ___________________________________________________________________________________________
_______________________________________________________________________________________________________________________________
14. Residence Address: ________________________________________________________________________________________________________
(if different from Street City State Zip
Mailing Address)
(Required in CT)
----------------
15. Was this investment solicited by a W&R Advisor/Representative? / / Yes / / No
16. Has any beneficial owner of this account conducted any prior investment activity? / / Yes / / No
If yes, which owner(s)? ___________________________________________________________________________________________
17. Are proceeds from the sale of another security being used to open this account? / / Yes / / No
If yes, specify: __________________________________________________________________________________________________
------------------------------------------------------------------------------------------------------------------------------------
11. ACKNOWLEDGEMENT
------------------------------------------------------------------------------------------------------------------------------------
- I (We) have received a copy of the current prospectus of the Funds selected, and agree to the terms therein and herein.
- Under penalties of perjury, I certify that the social security number or other taxpayer identification number shown in Section
1 is correct (or I am waiting for a number to be issued to me) and (strike the following if not true) that I am not subject to
backup withholding because (a) I am exempt from backup withholding, or (b) I have not been notified by the IRS that I am
subject to backup withholding as a result of a failure to report all interest and dividends, or (c) the IRS has notified me
that I am no longer subject to backup withholding.
- I (we) understand that there may be a deferred sales charge upon the redemption of any shares held in an account for less than
the time specified in the prospectus.
Signature(s) of Purchasers (all joint purchasers must sign). SIGN EXACTLY AS NAME(S) APPEAR IN REGISTRATION.
THE INTERNAL REVENUE SERVICE DOES NOT REQUIRE YOUR CONSENT TO ANY PROVISION OF THIS DOCUMENT OTHER THAN THE CERTIFICATION REQUIRED
TO AVOID BACKUP WITHHOLDING.
------------------------------------- ------------------------------------- -------------------------------------
(Signature) (Printed Name) (Title, if any)
------------------------------------- ------------------------------------- -------------------------------------
(Signature) (Printed Name) (Title, if any)
------------------------------------- ----------------------
(Advisor/Representative Signature) (Date)
Advisor/Representative Number
-------------------------------------
-----------------------------------------------
CHECK ANY ITEMS ENCLOSED WITH APPLICATION ----------------------
/ / Declaration Trust Revocable (CUF0022) OSJ:
/ / Additional Applications _________________ (H.O. USE)
/ / Check enclosed # ________________________
/ / Other:___________________________________
----------------------------------------------- ----------------------
</TABLE>
CAP1771 (Revised 06/2000) Page 5 of 6
<PAGE>
WADDELL & REED FUND FAMILIES
<TABLE>
<CAPTION>
CLASS A CLASS B CLASS C
------------------------------------------------------------------------------------------------------------
W&R FUNDS
------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
W&R Total Return 601 501 301
W&R Small Cap Growth 602 502 302
W&R Limited-Term Bond 603 503 303
W&R Municipal Bond 604 504 304
W&R International Growth 605 505 305
W&R Asset Strategy 606 506 306
W&R Science & Technology 608 508 308
W&R High Income 609 509 309
W&R Large Cap Growth 667 567 367
W&R Mid Cap Growth 668 568 368
W&R Tax-Managed Equity 669 569 369
W&R Money Market 670 570 370
------------------------------------------------------------------------------------------------------------
WADDELL & REED ADVISORS FUNDS
------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Waddell & Reed Advisors Income 621 121 321
Waddell & Reed Advisors Science & Technology 622 122 322
Waddell & Reed Advisors Accumulative 623 123 323
Waddell & Reed Advisors Bond 624 124 324
Waddell & Reed Advisors International Growth 625 125 325
Waddell & Reed Advisors Continental Income 627 127 327
Waddell & Reed Advisors High Income 628 128 328
Waddell & Reed Advisors Vanguard 629 129 329
Waddell & Reed Advisors New Concepts 630 130 330
Waddell & Reed Advisors High Income II 634 134 334
Waddell & Reed Advisors Tax-Managed Equity 671 171 371
Waddell & Reed Advisors Small Cap 677 177 377
Waddell & Reed Advisors Retirement Shares 680 180 380
Waddell & Reed Advisors Asset Strategy 684 184 384
Waddell & Reed Advisors Cash Management 750 150 350
Waddell & Reed Advisors Government Securities 753 153 353
Waddell & Reed Advisors Municipal Bond 760 160 360
Waddell & Reed Advisors Municipal High Income 762 162 362
</TABLE>
CAP1771 (Revised 06/2000) Page 6 of 6
<PAGE>
Ex-99.B(h)igappnav
<TABLE>
<S><C>
[LOGO] WADDELL
& REED
FINANCIAL SERVICES-REGISTERED TRADEMARK-
INSTITUTIONAL PURCHASE APPLICATION
-----------------------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS You can open an account by submitting an application and Date
Fill in where applicable check/wire to Waddell & Reed, Inc.
P.O. Box 29217, Shawnee Mission, KS 66201-9217.
-----------------------------------------------------------------------------------------------------------------------------------
ACCOUNT
REGISTRATION Name Tax I.D. No.
----------------------------------------------------- -------------------------
-----------------------------------------------------
FULL ADDRESS Number and Street
Please fill in -------------------------------
completely, including City State Zip Code
telephone number. --------------------------- ------------------------------ -----------------------
Telephone Citizen of: / / U.S. / / Other (specify)
------------------------------------ -------------
-----------------------------------------------------------------------------------------------------------------------------------
/ / PLEASE ESTABLISH AN ACCOUNT(S) AS FOLLOWS:
INITIAL DIVIDENDS AND CAPITAL
GAINS TO BE PAID:*
INVESTMENT(S): ACCOUNT NO. ASSIGNED AMOUNT REINVESTED IN SHARES PAID IN CASH
--------------------------- ------ -------------------- ------------
FUND(S) TO BE PURCHASED (SEE REVERSE SIDE FOR FUND NAMES)
$
--------------------------------------------------------- --------- / / / /
$
--------------------------------------------------------- --------- / / / /
$
--------------------------------------------------------- --------- / / / /
$
--------------------------------------------------------- --------- / / / /
Total amount $
--------- *If no election is checked,
all payments will be
reinvested.
-----------------------------------------------------------------------------------------------------------------------------------
I (We) hereby authorize Waddell & Reed Services Co. to act upon instructions received by telephone to
have amounts withdrawn from my organization's account(s) in the Portfolio(s) and wired or mailed to the
bank account designated below.
I (We) hereby ratify any such instructions and agree that the Fund(s), Waddell & Reed, Inc. or
Waddell & Reed Services, Co. will not be liable for any loss, liability, cost or expense for acting
upon such instructions in accordance with the procedures set forth in the prospectus.
EXPEDITED
REDEMPTION Note: The indicated bank must be a member of the Federal Reserve System.
SERVICE
Name of Bank Bank A.B.A. No.
-------------------------------------------------------- ------------------
Number and Street
--------------------------------------------------------------------------------------
City State Zip Code
--------------------------- ------------------------------ -------------------------
Account Name Account No.
-------------------------------------- ---------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
Under penalties of perjury, I (we) certify that the number shown on this application is the correct Tax
Identification Number of my organization and that the organization is not subject to backup withholding
either because it has not been notified that it is subject to backup withholding as a result of a failure
to report all interest, dividends or capital gains, or the Internal Revenue Service has notified it that
it is no longer subject to backup withholding. The undersigned certifies that I (we) have full authority
and legal capacity to purchase shares of the Fund and affirm that I (we) have received a current
prospectus and agree to be bound by its terms.
AUTHORIZED
SIGNATURE(S) 1. 2.
COMPLETE CORPORATE ---------------------------------------------- -------------------------------------------------
RESOLUTION ON Authorized Signature Authorized Signature
REVERSE SIDE.
---------------------------------------------- -------------------------------------------------
Title Title
3. 4.
---------------------------------------------- -------------------------------------------------
Authorized Signature Authorized Signature
---------------------------------------------- -------------------------------------------------
Title Title
-----------------------------------------------------------------------------------------------------------------------------------
CAP1635-Y (06/2000)
</TABLE>
<PAGE>
CORPORATE RESOLUTION
IT WILL BE NECESSARY FOR YOU TO PROVIDE A CERTIFIED COPY OF A CORPORATE
RESOLUTION OR OTHER CERTIFICATE OF AUTHORITY TO AUTHORIZE WITHDRAWALS. THE
SAMPLES BELOW MAY BE USED FOR THIS PURPOSE OR YOU MAY USE YOUR OWN. IT IS
UNDERSTOOD THAT THE FUND(S) WADDELL & REED, INC. ITS AFFILIATES AND ITS
CUSTODIAN BANK, MAY RELY UPON THESE AUTHORIZATIONS UNTIL REVOKED OR AMENDED
BY WRITTEN NOTICE DELIVERED TO THE FUND(S) BY REGISTERED MAIL.
CERTIFIED COPY OF RESOLUTION (CORPORATION OR ASSOCIATION)
The undersigned hereby certifies and affirms that he/she is duly elected
(title) ___________________ of (corporate name) _______________ a corporation
organized under the laws of (the State of) ______________________ and that
the following is a true and correct copy of a resolution adopted by the
corporation's Board of Directors at a meeting duly called and held on (date)
____________________. RESOLVED, that any (enter number required to act)
_______________ of the corporation's following identified officers (enter
titles only) ______________ are authorized to execute investment applications
with the Waddell & Reed Fund Families and any fund investment accounts in the
name of the corporation; to invest such funds of the corporation in shares
issued by Waddell & Reed Fund Families ("Fund Shares"), as they deem
appropriate; and to issue instructions (including the execution of money fund
drafts, if applicable) pertaining to the redemption, exchange or transfer of
Fund Shares. FURTHER RESOLVED, the Waddell & Reed Inc., Waddell & Reed
Services, Co., and the Waddell & Reed Fund Families shall be held harmless
and fully protected in relying from time to time upon any certification by
the secretary or any assistant secretary of the corporation as to the name of
the individuals occupying the above identified officers, and in acting in
reliance upon the foregoing resolution, until actual receipt by them of a
certified copy of a resolution of the Board of Directors of the corporation
modifying or revoking any or all such resolutions.
The undersigned further certifies that the following individuals hold the
title designated. (Attach additional list if necessary.)
Name/Title (please print or type) x (Signature)
------------------------------------ --------------------------------------
Name/Title (please print or type) x (Signature)
------------------------------------ --------------------------------------
Name/Title (please print or type) x (Signature)
------------------------------------ --------------------------------------
Name/Title (please print or type) x (Signature)
------------------------------------ --------------------------------------
CORPORATE SEAL (Date)
------------------------------------ --------------------------------------
Corporate Name
Certified from Minutes:
-------------------------
Name and Title
------------------------------------------------------------------------------
CONFIDENTIAL DATA (Must be completed on New Accounts/New Products)
1. Gross Income: $ 2. Total Investment Assets: $
----------------- -----------
3. Other Assets: $ 4. Net Worth: $
----------------- -------------------------
5. Investment Objectives (mark all that apply) / / Growth / / Income
/ / Reserves / / Other needs/goals (specify in Special Remarks)
6. Special Remarks/Considerations:
--------------------------------------------
------------------------------------------------------------------------------
------------------------------------------------------------------------------
------------------------------------------------------------------------------
INITIAL INVESTMENT INSTRUCTIONS
HOW TO INVEST
BY FEDERAL FUNDS WIRE BY MAIL
*Instruct bank to transmit * Complete Purchase Application
investment by Federal funds wire to: * Make check payable to Waddell & Reed,
UMB Bank Inc.
Kansas City, Missouri *Mail application and check to:
ABA Number: 101000695 Waddell & Reed Services Co.
W&R Underwriter Account P.O Box 29217
#9800007978 Shawnee Mission, KS 66201-9217
FBO
---------------------------------
Fund acct #
--------------------------
<TABLE>
<CAPTION>
W&R Funds - Y SHARES WADDELL & REED - Y SHARES
<S> <C> <C> <C>
711 - Total Return 768 - Mid Cap Growth 735 - Income 749 - High Income II
712 - Small Cap Growth 769 - Tax-Managed Equity 736 - Science & Technology 771 - Tax-Managed Equity
713 - Limited-Term Bond 737 - Accumulative 777 - Small Cap
714 - Municipal Bond 738 - Bond 783 - Retirement Shares
715 - International Growth 739 - International Growth 785 - Asset Strategy
716 - Asset Strategy 754 - Continental Income 754 - Government Securities
718 - Science & Technology 746 - High Income 761 - Municipal Bond
719 - High Income 747 - Vanguard 763 - Municipal High Income
767 - Large Cap Growth 748 - New Concepts
</TABLE>
<PAGE>
Ex-99.B(h)igapplegnon
<TABLE>
<S><C>
[LOGO] WADDELL
& REED
FINANCIAL SERVICES-REGISTERED TRADEMARK-
LEGEND EQUITIES CORPORATION
WADDELL & REED, INC. WADDELL & REED FUND FAMILIES -----------------------
Attention: Dealer Services APPLICATION Affix New Account
6300 Lamar Avenue Label Here
Shawnee Mission, KS 66202 NON-RETIREMENT PLAN -----------------------
ACCOUNT
1
I (WE) MAKE APPLICATION FOR AN ACCOUNT TO BE ESTABLISHED AS FOLLOWS:
REGISTRATION TYPE (CHECK ONE ONLY)
/ / Single Name / / Joint Tenants W/ROS
TOD (Transfer on Death) / / Yes / / No / / Declaration of Trust Revocable (Attach CUF 0022)
/ / Uniform Gifts (Transfers) To Minors (UGMA/UTMA) NOT AVAILABLE IN ILLINOIS
/ / Dated Trust Date of Trust / / Other:
------------------------- -----------------------------
(Month/Day/Year)
================================================================================================================
REGISTRATION / / NEW ACCOUNT or / / NEW FUND FOR EXISTING ACCOUNT
(must have same ownership): -------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
Individual Name (exactly as desired)/Trustee/Custodian (Tax-responsible party)
---------------------------------------------------------------------------------------------------------------------------------
Name of Trust, if applicable
-------------------------- ---------------- ---------------------------------------- -----------------------------------------
Social Security # or Date of Birth Cumulative Discount Number Relationship of Joint Owner,
Taxpayer Identification # (Month/Day/Year) (from existing account(s) if applicable) if Applicable
---------------------------------------------------------------------------------------------------------------------------------
Joint Name (if any, exactly as desired)/Co-Trustee/Minor (for UGMA/UTMA)
-------------------------- ---------------- -----------------------------------------------------------------------------------
Social Security # or Date of Birth Mailing Address
Taxpayer Identification # (Month/Day/Year)
----------------------------- ----------------------------------------------------------------------- ---------
Telephone (home) City State
-
----------------------------- --------------------- -----------------------------------
Telephone (work) Zip Code Citizenship (Required in VA)
================================================================================================================
INVESTMENTS Make check payable to Waddell & Reed, Inc.
<CAPTION>
(Check appropriate box)
Automatic Investment Service
Fund Amount to be established?
(enter code) Enclosed (If Yes Complete Section 4)
<S> <C> <C> <C>
$ / / Yes / / No
------------ --------------
$ / / Yes / / No
------------ --------------
$ / / Yes / / No
------------ --------------
$ / / Yes / / No
------------ --------------
$ / / Yes / / No
------------ --------------
$ / / Yes / / No
------------ --------------
Total $
--------------
<CAPTION>
WADDELL & REED A B C A B C A B C
ADVISORS FUNDS SHARES SHARES SHARES SHARES SHARES SHARES SHARES SHARES SHARES
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Income 621 121 321 High Income 628 128 328 Retirement Shares 680 180 380
Science & Technology 622 122 322 Vanguard 629 129 329 Asset Strategy 684 184 384
Accumulative 623 123 323 New Concepts 630 130 330 Cash Management 750 150 350
Bond 624 124 324 High Income II 634 134 334 Government Securities 753 153 353
International Growth 625 125 325 Tax-Managed Equity 671 171 371 Municipal Bond 760 160 360
Continental Income 627 127 327 Small Cap 677 177 377 Municipal High Income 762 162 362
<CAPTION>
A B C A B C A B C
W&R FUNDS SHARES SHARES SHARES SHARES SHARES SHARES SHARES SHARES SHARES
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Total Return 601 501 301 International Large Cap Growth 667 567 367
Small Cap Growth 602 502 302 Growth 605 505 305 Mid Cap Growth 668 568 368
Limited-Term Bond 603 503 303 Asset Strategy 606 506 306 Tax-Managed Equity 669 569 369
Municipal Bond 604 504 304 Science & Money Market 670 570 370
Technology 608 508 308
High Income 609 509 309
</TABLE>
LAP1764 (06/2000)
Page 1 of 3
<PAGE>
<TABLE>
<CAPTION>
2
BENEFICIARY: FOR TOD (TRANSFER ON DEATH) ACCOUNTS ONLY
Full Name of Beneficiary Tax Identification Number Date of Birth Relationship Percent
<S> <C> <C> <C> <C>
%
----------------------------------------- ------------------------------ ------------------- -------------------- -------------
(Month/Day/Year)
%
----------------------------------------- ------------------------------ ------------------- -------------------- -------------
(Month/Day/Year)
%
----------------------------------------- ------------------------------ ------------------- -------------------- -------------
(Month/Day/Year)
%
----------------------------------------- ------------------------------ ------------------- -------------------- -------------
(Month/Day/Year)
3
CLASS A SHARES ONLY
This purchase may be entitled to a reduced sales charge for the following reason(s):
/ / Existing LETTER OF INTENT (LOI) for $______________ under LOI number _____________
/ / LETTER OF INTENT for $______________ is hereby executed. See below for amounts, terms and conditions.
$100,000 $200,000 $300,000 $500,000 $1,000,000 $2,000,000
/ / Shareholder(s) has CUMULATIVE DISCOUNT NUMBER
---------------------
/ / Shareholder linked to following existing accounts for RIGHTS OF ACCUMULATION purposes:
Account number(s)
------------------------ ------------------------ ------------------------
------------------------ ------------------------
/ / Other accounts are being opened at this time that qualify to be linked for RIGHTS OF ACCUMULATION.
The accounts are being opened under the names and tax identification numbers as follows:
Tax Identification Number Names(s)
--------------------------------- ----------------------------------
--------------------------------- ----------------------------------
--------------------------------- ----------------------------------
</TABLE>
LETTER OF INTENT TERMS AND CONDITIONS (CLASS A SHARES ONLY)
1. This Agreement does not bind the investor to buy, or Waddell & Reed, Inc.
to sell, any shares.
2. This Agreement can only be terminated before the 13 months has elapsed by
submitting a written request signed by all owners.
3. Any purchase made under this Agreement will be made at the offering price
applicable to a one-time purchase of the amount the investor has checked
on the front of this Agreement as described in the prospectus of the fund
or funds being purchased.
4. If the amount invested during the 13-month period covered by this
Agreement exceeds the required amount and is large enough to qualify for a
sales charge lower than that available under this Agreement, the lower
sales charge will be applied to the amount invested. Upon termination of
this Agreement, a price adjustment will be made to give effect to the
lower sales charge and the amount of the price adjustment will be
reinvested in additional shares of the fund(s) on the date of termination.
5. If the amount invested during the 13-month period covered by this
Agreement is less than the required amount, the sales charge for the
investments reverts back to that outlined in the Fund Prospectus, as if
the Agreement had not been executed. Waddell & Reed, Inc. will subtract
shares equal in value to the amount of the additional sales charge due
from escrowed shares. The investor hereby irrevocably appoints Waddell &
Reed, Inc. or its successors or assigns, as attorney to surrender for
redemption shares in an amount equal to the additional sales charge owed
on the purchases made. This appointment and the authority granted herein
shall be binding on the heirs, legal representatives, successors and
assigns of the investor.
6. While the value of purchases made prior to the acceptance date of this
Agreement will be considered in determining the Intended Investment, the
sales charge imposed on prior purchases will not be retroactively reduced.
7. Shares purchased directly to W&R Money Market/or Waddell & Reed Advisor
Cash Management will not be considered when determining the net asset
value of shares presently held by the investor as of the date of
acceptance of this Agreement, nor for determining the amount invested
under this Agreement. However, non-commissionable shares are considered
for these purposes.
LAP1764 (06/2000)
Page 2 of 3
<PAGE>
<TABLE>
<CAPTION>
4
ESTABLISH AUTOMATIC INVESTMENT SERVICE
Fund Draft Is To Begin On Draft Amount Frequency (check one - monthly will be used if not checked)
(Enter code) (Month/Day/Year) $25.00 Minimum Per Fund Monthly Quarterly Semi-Annually Annually
<S> <C> <C> <C> <C> <C> <C>
$ / / / / / / / /
---------------- ------------------------ -----------------------
$ / / / / / / / /
---------------- ------------------------ -----------------------
$ / / / / / / / /
---------------- ------------------------ -----------------------
AUTHORIZATION TO HONOR CHECKS DRAWN BY WADDELL & REED, INC.
As a convenience to me, I hereby request and authorize you to pay and charge to my or our account identified below, debit entries
drawn on the account by Waddell & Reed, Inc. provided there are sufficient funds in the account to pay the same on presentation.
This authorization shall remain in effect until revoked by me in writing and until you actually receive such notice. I agree that
you shall be fully protected by honoring any such debit entry. I agree that your rights in respect to any debit entry shall be the
same as if it were a check signed personally by me. I further agree, that if any such debit entry be dishonored, whether
intentionally or inadvertently, you shall be under no liability whatsoever.
PLEASE COMPLETE THE FOLLOWING IN ITS ENTIRETY.
------------------------------------------------------------------- -------------------------------------------------
NAME OF DEPOSITOR (as shown on financial institution records(s)) Account Number at Financial Institution
------------------------------------------------------------------- -------------------------------------------------
FINANCIAL INSTITUTION NAME Financial Institution ABA Routing Number
------------------------------------------------------------------- Check One
FINANCIAL INSTITUTION ADDRESS / / Checking Account / / Savings Account
-------------------------------------------------------------------
CITY/STATE/ZIP
</TABLE>
Tape your voided check here.
(Do not send deposit slip)
------------------------------------------------------------------------
5
ACKNOWLEDGEMENT
- I (We) have received a copy of the current prospectus of the Funds
selected, and agree to the terms therein and herein.
- UNDER PENALTIES OF PERJURY, I CERTIFY THAT THE SOCIAL SECURITY NUMBER OR
OTHER TAXPAYER IDENTIFICATION NUMBER SHOWN IN SECTION 1 IS CORRECT (OR I AM
WAITING FOR A NUMBER TO BE ISSUED TO ME) AND (STRIKE THE FOLLOWING IF NOT
TRUE) THAT I AM NOT SUBJECT TO BACKUP WITHHOLDING BECAUSE (A) I AM EXEMPT
FROM BACKUP WITHHOLDING, OR (B) I HAVE NOT BEEN NOTIFIED BY THE IRS THAT I
AM SUBJECT TO BACKUP WITHHOLDING AS A RESULT OF A FAILURE TO REPORT ALL
INTEREST AND DIVIDENDS, OR (C) THE IRS HAS NOTIFIED ME THAT I AM NO LONGER
SUBJECT TO BACKUP WITHHOLDING.
- I (WE) UNDERSTAND THAT THERE MAY BE A DEFERRED SALES CHARGE UPON THE
REDEMPTION OF ANY CLASS B OR C SHARES HELD IN THE ACCOUNT FOR LESS THAN THE
TIME SPECIFIED IN THE PROSPECTUS.
Signature(s) of Purchasers (all joint purchasers must sign). SIGN EXACTLY AS
NAME(S) APPEAR IN REGISTRATION.
THE INTERNAL REVENUE SERVICE DOES NOT REQUIRE YOUR CONSENT TO ANY PROVISION
OF THIS DOCUMENT OTHER THAN THE CERTIFICATION REQUIRED TO AVOID BACKUP
WITHHOLDING.
<TABLE>
<S><C>
------------------------------------- ------------------------------------- -------------------------------------
(Signature) (Printed Name) (Title, if any)
------------------------------------- ------------------------------------- -------------------------------------
(Signature) (Printed Name) (Title, if any)
------------------------------------- ------------------- ----------------------
(Advisor/Representative Signature) Advisor/Representative Number (Date)
-----------------------------------------------
------------------------------------- CHECK ANY ITEMS ENCLOSED WITH APPLICATION
Dealer Approval/Securities Principal / / Declaration Trust Revocable (CUF0022)
/ / Additional Applications _________________
/ / Check enclosed # ________________________
/ / Other ___________________________________
-----------------------------------------------
</TABLE>
LAP1764 (06/2000)
Page 3 of 3
<PAGE>
Ex-99.B(h)igapplegabc
<TABLE>
<S><C>
[GRAPHIC] WADDELL
& REED
FINANCIAL SERVICES-REGISTERED TRADEMARK- LEGEND EQUITIES CORPORATION
WADDELL & REED, INC. WADDELL & REED FUND FAMILIES ---------------------
Attention: Dealer Services APPLICATION Affix New Account
6300 Lamar Avenue Label Here
Shawnee Mission, KS 66202 RETIREMENT PLAN ---------------------
ACCOUNT
1
I (WE) MAKE APPLICATION FOR AN ACCOUNT TO BE ESTABLISHED AS FOLLOWS:
PLAN TYPE -- DOCUMENT SPONSORED BY: / /W&R* / /UMB
PLEASE CHECK ONE OF THE FOLLOWING:
/ / IRA (701/054) / / Simple IRA (765/054)
/ / Roth IRA (791/054) / / 403b(7) TSA (773/054)
/ / Simplified Employee Pension -- SEP (702/054) / / 457 Plan (730/731)
/ / Other
--------------------------------
==============================================================================================================
REGISTRATION / / NEW ACCOUNT or / / NEW FUND FOR EXISTING ACCOUNT
(must have same ownership): -------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------
Trustee/Custodian or Education IRA Responsible Party
---------------------------------------------------------------------------------------------------------------------------------
Employer or Business/Organization Name, if Applicable for Plan Type
- -
------------------------------------ ----------------------------------- --------------- --------------------------------
Plan Type Tax Identification #, Employer Tax Identification #, Plan Year End Cumulative Discount Number
if Applicable if Applicable (Month/Day/Year) (from existing account(s)
if applicable)
---------------------------------------------------------------------------------------------------------------------------------
Participant, Planholder or Education IRA Beneficiary
- - - -
-------------------------- ---------------- -----------------------------------------------------------------------------------
Social Security # or Date of Birth Mailing Address
Taxpayer Identification # (Month/Day/Year)
-
----------------------------- ----------------------------------------------------------------------- ---------
Telephone (home) City State
- -
----------------------------- --------------------- -----------------------------------
Telephone (work) Zip Code Citizenship (Required in VA)
==============================================================================================================
INVESTMENTS *Make check payable to Waddell & Reed, Inc.
<CAPTION>
(Check appropriate box)
Automatic Investment Service
Fund Amount **Year of to be established?
(enter code) Enclosed Contribution (If Yes Complete Section 4)
<S> <C> <C> <C> <C>
$ / / Yes / / No
------------ -------------- --------------
$ / / Yes / / No
------------ -------------- --------------
$ / / Yes / / No
------------ -------------- --------------
$ / / Yes / / No
------------ -------------- --------------
$ / / Yes / / No
------------ -------------- --------------
$ / / Yes / / No
------------ -------------- --------------
Total $ / / Yes / / No
-------------- --------------
**If left blank we will assume your current year contribution.
<CAPTION>
WADDELL & REED
ADVISORS FUNDS
A B C A B C A B C
SHARES SHARES SHARES SHARES SHARES SHARES SHARES SHARES SHARES
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Income 621 121 321 High Income 628 128 328 Asset Strategy 684 184 384
Science & Technology 622 122 322 Vanguard 629 129 329 Cash Management 750 150 350
Accumulative 623 123 323 New Concepts 630 130 330 Government Securities 753 153 353
Bond 624 124 324 High Income II 634 134 334
International Growth 625 125 325 Small Cap 677 177 377
Continental Income 627 127 327 Retirement Shares 680 180 380
<CAPTION>
W&R FUNDS
A B C A B C A B C
SHARES SHARES SHARES SHARES SHARES SHARES SHARES SHARES SHARES
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Total Return 601 501 301 Asset Strategy 606 506 306 Mid Cap Growth 668 568 368
Small Cap Growth 602 502 302 Science & Technology 608 508 308 Money Market 670 570 370
Limited-Term Bond 603 503 303 High Income 609 509 309
International Growth 605 505 305 Large Cap Growth 667 567 367
</TABLE>
LAP1765 (06/2000) Page 1 of 3
<PAGE>
<TABLE>
<CAPTION>
2
BENEFICIARY: Only For Traditional, Roth, SEP, Simple and Education IRAs and 403b(7)TSA's.
Full Name of Beneficiary Tax Identification Number Date of Birth Relationship Percent
<S> <C> <C> <C> <C>
- - %
----------------------------------------- ------------------------------ ------------------- -------------------- -------------
- - %
----------------------------------------- ------------------------------ ------------------- -------------------- -------------
- - %
----------------------------------------- ------------------------------ ------------------- -------------------- -------------
- - %
----------------------------------------- ------------------------------ ------------------- -------------------- -------------
------------------------------------------------------------------------------------------------------------------------
<CAPTION>
3
CLASS A SHARES ONLY
This purchase may be entitled to a reduced sales charge for the following reason(s):
/ / Existing LETTER OF INTENT (LOI) for $______________ under LOI number _____________
/ / LETTER OF INTENT for $______________ is hereby executed. See below for amounts, terms and conditions.
$100,000 $200,000 $300,000 $500,000 $1,000,000 $2,000,000
/ / Shareholder(s) has CUMULATIVE DISCOUNT NUMBER
---------------------
/ / Shareholder linked to following existing accounts for RIGHTS OF ACCUMULATION purposes:
Account number(s)
------------------------ ------------------------ ------------------------
------------------------ ------------------------
/ / Other accounts are being opened at this time that qualify to be linked for RIGHTS OF ACCUMULATION.
The accounts are being opened under the names and tax identification numbers as follows:
Tax Identification Number Name(s)
--------------------------------- ----------------------------------
--------------------------------- ----------------------------------
--------------------------------- ----------------------------------
</TABLE>
LETTER OF INTENT TERMS AND CONDITIONS (CLASS A SHARES ONLY)
1. This Agreement does not bind the investor to buy, or Waddell & Reed, Inc.
to sell, any shares.
2. This Agreement can only be terminated before the 13 months has elapsed by
submitting a written request signed by all owners.
3. Any purchase made under this Agreement will be made at the offering price
applicable to a one-time purchase of the amount the investor has checked
on the front of this Agreement as described in the prospectus of the fund
or funds being purchased.
4. If the amount invested during the 13-month period covered by this
Agreement exceeds the required amount and is large enough to qualify for a
sales charge lower than that available under this Agreement, the lower
sales charge will be applied to the amount invested. Upon termination of
this Agreement, a price adjustment will be made to give effect to the
lower sales charge and the amount of the price adjustment will be
reinvested in additional shares of the fund(s) on the date of termination.
5. If the amount invested during the 13-month period covered by this
Agreement is less than the required amount, the sales charge for the
investments reverts back to that outlined in the Fund Prospectus, as if
the Agreement had not been executed. Waddell & Reed, Inc. will subtract
shares equal in value to the amount of the additional sales charge due
from escrowed shares. The investor hereby irrevocably appoints Waddell &
Reed, Inc. or its successors or assigns, as attorney to surrender for
redemption shares in an amount equal to the additional sales charge owed
on the purchases made. This appointment and the authority granted herein
shall be binding on the heirs, legal representatives, successors and
assigns of the investor.
6. While the value of purchases made prior to the acceptance date of this
Agreement will be considered in determining the Intended Investment, the
sales charge imposed on prior purchases will not be retroactively reduced.
7. Shares purchased directly to W&R Money Market/or Waddell & Reed Advisors
Cash Management will not be considered when determining the net asset
value of shares presently held by the investor as of the date of
acceptance of this Agreement, nor for determining the amount invested
under this Agreement. However, non-commissionable shares are considered
for these purposes.
LAP1765 (06/2000) Page 2 or 3
<PAGE>
<TABLE>
<CAPTION>
4
ESTABLISH AUTOMATIC INVESTMENT SERVICE -- IRA, Roth IRA, Simple IRA only.
Fund Draft Is To Begin On Draft Amount Frequency (check one - monthly will be used if not checked)
(Enter code) (Month/Day/Year) $25.00 Minimum Per Fund Monthly Quarterly Semi-Annually Annually
<S> <C> <C> <C> <C> <C> <C>
- - $ / / / / / / / /
---------------- ------------------------ -----------------------
- - $ / / / / / / / /
---------------- ------------------------ -----------------------
- - $ / / / / / / / /
---------------- ------------------------ -----------------------
AUTHORIZATION TO HONOR CHECKS DRAWN BY WADDELL & REED, INC.
As a convenience to me, I hereby request and authorize you to pay and charge to my or our account identified above, debit
entries drawn on the account by Waddell & Reed, Inc. provided there are sufficient funds in the account to pay the same on
presentation. This authorization shall remain in effect until revoked by me in writing and until you actually receive such
notice. I agree that you shall be fully protected by honoring any such debit entry. I agree that your rights in respect to any
debit entry shall be the same as if it were a check signed personally by me. I further agree, that if any such debit entry be
dishonored, whether intentionally or inadvertently, you shall be under no liability whatsoever.
PLEASE COMPLETE THE FOLLOWING IN ITS ENTIRETY.
------------------------------------------------------------------- -------------------------------------------------
NAME OF DEPOSITOR (as shown on financial institution records) Account Number at Financial Institution
------------------------------------------------------------------- -------------------------------------------------
FINANCIAL INSTITUTION NAME Financial Institution ABA Routing Number
------------------------------------------------------------------- Check One
FINANCIAL INSTITUTION ADDRESS / / Checking Account / / Savings Account
-------------------------------------------------------------------
CITY/STATE/ZIP
</TABLE>
Tape your voided check here.
(Do not send deposit slip)
===========================================================================
5
ACKNOWLEDGEMENT
- I (We) have received a copy of the current prospectus of the Funds
selected, and agree to the terms therein and herein.
- UNDER PENALTIES OF PERJURY, I CERTIFY THAT THE SOCIAL SECURITY NUMBER OR
OTHER TAXPAYER IDENTIFICATION NUMBER SHOWN IN SECTION 1 IS CORRECT (OR I AM
WAITING FOR A NUMBER TO BE ISSUED TO ME) AND (STRIKE THE FOLLOWING IF NOT
TRUE) THAT I AM NOT SUBJECT TO BACKUP WITHHOLDING BECAUSE (a) I AM EXEMPT
FROM BACKUP WITHHOLDING, OR (b) I HAVE NOT BEEN NOTIFIED BY THE IRS THAT I
AM SUBJECT TO BACKUP WITHHOLDING AS A RESULT OF A FAILURE TO REPORT ALL
INTEREST AND DIVIDENDS, OR (c) THE IRS HAS NOTIFIED ME THAT I AM NO LONGER
SUBJECT TO BACKUP WITHHOLDING.
- I (WE) UNDERSTAND THAT THERE MAY BE A DEFERRED SALES CHARGE UPON THE
REDEMPTION OF ANY CLASS B OR C SHARES HELD IN THE ACCOUNT FOR LESS THAN THE
TIME SPECIFIED IN THE PROSPECTUS.
Signature(s) of Purchasers (all joint purchasers must sign). SIGN EXACTLY AS
NAME(S) APPEAR IN REGISTRATION.
THE INTERNAL REVENUE SERVICE DOES NOT REQUIRE YOUR CONSENT TO ANY PROVISION
OF THIS DOCUMENT OTHER THAN THE CERTIFICATION REQUIRED TO AVOID BACKUP
WITHHOLDING.
<TABLE>
<S><C>
------------------------------------- ------------------------------------- -------------------------------------
(Signature) (Printed Name) (Title, if any)
------------------------------------- ------------------------------------- -------------------------------------
(Signature) (Printed Name) (Title, if any)
------------------------------------- ------------------- ----------------------
(Advisor/Representative Signature) Advisor/Representative Number (Date)
-----------------------------------------------
------------------------------------- CHECK ANY ITEMS ENCLOSED WITH APPLICATION
Dealer Approval/Securities Principal / / Additional Applications _________________
/ / Check enclosed # ________________________
/ / Other ___________________________________
-----------------------------------------------
</TABLE>
LAP1764 (06/2000) Page 3 of 3
