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Any costs, including loss in investment income for TexPool, associated with <br />ACH returns (insufficient funds in the participant's local bank account) or <br />failure to transmit a promised wire for deposit will be charged against the <br />participant's account, unless said failures were beyond the control of the <br />participant (example: Federal Reserve System failure, ACH system error). <br />The Trust Co. will make every effort to mitigate any impact from these events. <br />INTEREST ALLOCATION <br />Interestwill be allocated dailyand credited to participants' accounts monthly. <br />Allocations will be determined by each participant's fund balance in TexPool. <br />The following calculations and formula apply: <br />Allocation Factor = <br />Net Investment Income <br />(Total Funds Held) - (Total Un-investable Deposits) <br />Un-investable deposits are deposits received late in the business day after the <br />closing of the investment markets. <br />Interest income will be credited to each participant's account using the <br />allocation factor: <br />Participant Interest (Funds Held) - (Un-investable Deposits) <br />Income = times Allocation Factor <br />-9- <br />