USA PATRIOT ACT DISCLOSURE

To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents. If your identity cannot be verified, we may not be able to open your account or process transactions.

Primary Beneficiary(ies)

I hereby appoint and designate the named primary beneficiary(ies) for my 403(b)(7). The 403(b)(7) shall be paid to the primary beneficiary(ies) who survives you. If you appoint more than one primary beneficiary, such primary beneficiaries who survive you shall share in your 403(b)(7) equally, unless you state below a specific percentage of distribution to each primary beneficiary. (Note that all such specific percentages of distribution when added together must total 100%.) If for any reason the percentages do not total 100%, any remaining assets shall be divided equally among the surviving primary beneficiaries. If your account is distributable to multiple beneficiaries and, after allocating any remainder in accordance with the preceding sentence, the allocations total at least 99% but less than 100%, the remainder shall be allocated to the first beneficiary designated. If your account is distributable to multiple beneficiaries and, due to rounding or fractional shares, your account cannot be fully allocated to all such beneficiaries, any portion of your account that is not fully allocated due to such rounding or fractional shares shall be allocated to the beneficiary whom you have designated to receive the largest share or, if more than one beneficiary has been designated to receive the same largest share, to the first such beneficiary so designated. Allocation percentages may be specified or established in intervals of no smaller than .01%.

Secondary (Contingent) Beneficiary(ies)

I hereby appoint and designate the named secondary beneficiary(ies) for my 403(b)(7). The 403(b)(7) shall be paid to the secondary beneficiary(ies) who survive you only if you survive the primary beneficiary (or all of the primary beneficiaries, if you designate multiple primary beneficiaries). In that event, surviving secondary beneficiary(ies) shall share in the 403(b)(7) assets equally, unless you state below a specific percentage of distribution to each secondary beneficiary. (Note that all specific percentages of distribution when added together must total 100%.) If for any reason the percentages do not total 100%, any remaining assets shall be divided equally among the surviving secondary beneficiaries. If your account is distributable to multiple beneficiaries and, after allocating any remainder in accordance with the preceding sentence, the allocations total at least 99% but less than 100%, the remainder shall be allocated to the first beneficiary designated. If your account is distributable to multiple beneficiaries and, due to rounding or fractional shares, your account cannot be fully allocated to all such beneficiaries, any portion of your account that is not fully allocated due to such rounding or fractional shares shall be allocated to the beneficiary whom you have designated to receive the largest share or, if more than one beneficiary has been Page 3 of 5designated to receive the same largest share, to the first such beneficiary so designated. Allocation percentages may be specified or established in intervals of no smaller than .01%.

CUSTODIAN ACCEPTANCE

BOKF NA dba Bank of Texas hereby accepts appointment as Custodian of the Victory Funds 403(b)(7) Custodial Account for the benefit of the Employee named above.

CUSTODIAN FEES

The Employee hereby appoints BOKF NA dba Bank of Texas as Custodian and agree to pay the Custodian Fees as follows:

• The Custodian charges a $20 fee for total distribution. Exceptions to the fee are: partial distributions, total transfer within Victory Funds, and distributions due to disability or death.
• Unless otherwise paid by the Employee, fees will be deducted from the Custodial Account by the Custodian through redemption of sufficient Investment Company shares for this purpose.

EMPLOYEE ACCEPTANCE

I hereby agree to the terms and conditions set forth in the Victory Funds 403(b)(7) Custodial Account Agreement and Application and acknowledge receipt of the current prospectus(es) of the fund(s) in which an investment is being made.

I certify that the Social Security Number/Taxpayer Identification Number provided on this application is correct. I understand I have exchange privileges on my 403(b)(7) Custodial Account as set forth in the prospectus(es) of the appropriate funds.

The Employee named below hereby establishes a Retirement Plan and Custodial Account under Internal Revenue Code Section 403(b) (7) in accordance with the terms of the Agreement for Salary Reduction between the Employee and the Employer and also according to the terms of the Victory Funds Custodial Account Agreement. The Employee certifies that he/she has received, read and accepts in accordance with the terms thereof and with the following additional terms and conditions.