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EX-99.B(h)cmappnon
[Logo] WADDELL
& REED
FINANCIAL SERVICES-REGISTERED TRADEMARK
Waddell & Reed, Inc. Waddell & Reed Fund Families
P.O. Box 29217 Non-Retirement
Shawnee Mission, KS 66201-9217 Account Application
______________________________
Division Office Stamp
______________________________
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
TOD (Transfer on Death) // Yes // No
// Declaration of Trust Revocable (Attach CUF0022)
Not Available in Illinois
// Other:______________________
// Uniform Gifts (Transfers) To Minors (UGMA/UTMA)
// Dated Trust Date of Trust ______________________
Month/Day/Year
____________________________________________________________________________
Individual Name (exactly as desired)/Trustee/Custodian
(Tax-responsible party)
____________________________________________________________________________
Name of Trust, if applicable
____________________ ______________ ___________________ _______________
Social Security # or Date of Birth Cumulative Discount Relationship
Taxpayer (Month/Day/Year) Number of Joint Owner,
Identification # (from existing if Applicable
account(s)
if applicable)
____________________________________________________________________________
Joint Name (if any, exactly as desired)/Co-Trustee/Minor (for UGMA/UTMA)
____________________ ______________ ____________________________________
Social Security # or Date of Birth Mailing Address
Taxpayer (Month/Day/Year) ____________________________ ______
Identification # City State
_______________________ ________ _____ _______________
Telephone (home) Zip Code Citizenship
_______________________ (Required in VA)
Telephone (work)
2. BENEFICIARY: For TOD (Transfer On Death) Accounts Only
Full Name of Tax Identification Date of Birth Relationship Percent
Beneficiary Number
________________ _______________ ____________ ______________ ______%
(Month/Day/Year)
________________ _______________ ____________ ______________ ______%
(Month/Day/Year)
________________ _______________ ____________ ______________ ______%
(Month/Day/Year)
________________ _______________ ____________ ______________ ______%
(Month/Day/Year)
3. INVESTMENTS: Make Check Payable to Waddell & Reed, Inc.
Dividend/capital gain
Fund Amount payment options*
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
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4. ESTABLISH AUTOMATIC INVESTMENT SERVICE
Complete the Bank Information Section.
Fund Draft Begins On Draft Amount Frequency (check one - monthly
(Month/Day/Year) $25.00 Minimum will be used if not checked)
Per Fund Month- Quarter- Semi- Annual-
ly ly Annually ly
_____ _______________ $_____________ // // // //
_____ _______________ $_____________ // // // //
_____ _______________ $_____________ // // // //
_____ _______________ $_____________ // // // //
_____ _______________ $_____________ // // // //
_____ _______________ $_____________ // // // //
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.)
___________________________________________ Account Number Fund
Name
___________________________________________ _________________ ________
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
VOID
Your Name
Your Address
Pay to the order of
Your Bank
For
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.
Attach voided check preprinted with account
information. DO NOT STAPLE.
CAP1 (06/2000) Page 2 of 6
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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 $50 aggregate or a 5 share
minimum per fund.
5. If a percentage is shown for monthly withdrawals, 1/12th of the indicated
percentage of the asset value of the shares in the account will be
redeemed. If withdrawals are to be made quarterly, 1/4th of the indicated
percentage of the asset value of the shares in the account will be
redeemed. If withdrawals are to be made semi-annually, 1 /2 of the
indicated percentage will be redeemed.
6. Information about the federal tax status of shares redeemed through the
Flexible Withdrawal Services will be mailed to shareholders annually.
7. Dividends and capital gains distributions are automatically reinvested.
Information on the Federal tax status of shares redeemed through Flexible
Withdrawal Accounts will be mailed to shareholders annually.
8. There will be no contingent deferred sales charge (CDSC) taken if monthly
withdrawals from Class B and C shares do not exceed 2% of the
value of the Fund, 24% annually. If the withdrawal exceeds 2% a month or
24% annually, CDSC will be taken on all CDSC liable shares that
are withdrawn.
Fund Effective Beginning Amount Frequency
(Month/Day/Year) Indicate dollars, (check one - monthly will
shares or percentage be used if checked)
Month- Quarter- Semi- Annual
ly ly Annually ly
______ ___20______ _____ //$ //Shares //% // // // //
______ ___20______ _____ //$ //Shares //% // // // //
______ ___20______ _____ //$ //Shares //% // // // //
______ ___20______ _____ //$ //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 Account Number______________ Fund_______
market account
Frequency
Effective Beginning (check one - monthly will
Account Fund (Month/Day/Year) Amount be used if checked)
Month- Quarter- Semi- Annual
ly ly Annually ly
_______ ____ _______________ $______ // // // //
_______ ____ _______________ $______ // // // //
_______ ____ _______________ $______ // // // //
_______ ____ _______________ $______ // // // //
CAP1 (06/2000) Page 3 of 6
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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.
Aurthorized 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.
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12. CONFIDENTIAL DATA(REQUIRED)
1. Marital Status: _______________
2. Gross Family Income: $_______________
(Required in VA)
3. Taxable Income: $______________
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: ______________________________________________
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 anyshares 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:
__________________________________________________________________
CAP1 (06/2000) Page 5 of 6
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WADDELL & REED FUND FAMILIES
W&R FUNDS
Class A Class B Class 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
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
CAP1 (06/2000) Page 6 of 6
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