Common use of Records of the Fund Clause in Contracts

Records of the Fund. Manager will instruct the Fund’s clearing broker(s) to furnish copies of all trade confirmations and monthly trading reports to Commodity Subadvisor. Commodity Subadvisor will maintain a record of all trading orders for the Fund’s account that have been filled and will monitor the Fund’s open positions. Upon the request of Manager, Commodity Subadvisor shall permit Manager or its agents to inspect such information as Manager may reasonably request for the purpose of confirming that the Fund has been treated equitably with respect to trading conducted during the term of this Agreement with all client accounts controlled by Commodity Subadvisor. With respect to the principals, Commodity Subadvisor will provide records of the proprietary accounts of its principals traded pursuant to TAP®, to show that such principals’ accounts have been traded equitably with other client accounts, including the Fund; provided that any transactions relating to TAP® may be extracted from such records to preserve the confidentiality of the principals’ trading in other programs or transactions. Commodity Subadvisor shall permit Manager or its agents reasonable inspection rights to the trading records of Commodity Subadvisor and other clients for the purpose of confirming that the Fund is being treated equitably by Commodity Subadvisor, including with respect to any modifications of trading or investment strategies resulting from speculative position limits and with respect to the assignment of priorities of order entry to Commodity Subadvisor’s accounts, and Manager shall keep such information confidential; provided, however, that Commodity Subadvisor may, in its discretion, withhold from any such inspection the name of the client for whom such account is maintained.

Records of the Fund. Manager will instruct the Fund’s clearing broker(s) to furnish copies of all trade confirmations and monthly trading reports to Commodity Subadvisor. Commodity Subadvisor will maintain a record of all trading orders for the Fund’s account that have been filled and will monitor the Fund’s open positions. Upon the request of Manager, Commodity Subadvisor shall permit Manager or its agents to inspect such information as Manager may reasonably request for the purpose of confirming that the Fund has been treated equitably with respect to trading conducted during the term of this Agreement with all client accounts controlled by Commodity Subadvisor. With respect to the principals, Commodity Subadvisor will provide records of the proprietary accounts of its principals traded pursuant to TAP®a long/short strategy, to show that such principals’ accounts have been traded equitably with other client accounts, including the Fund; provided that any transactions relating to TAP® a long/short strategy may be extracted from such records to preserve the confidentiality of the principals’ trading in other programs or transactions. Commodity Subadvisor shall permit Manager or its agents reasonable inspection rights to the trading records of Commodity Subadvisor and other clients for the purpose of confirming that the Fund is being treated equitably by Commodity Subadvisor, including with respect to any modifications of trading or investment strategies resulting from speculative position limits and with respect to the assignment of priorities of order entry to Commodity Subadvisor’s accounts, and Manager shall keep such information confidential; provided, however, that Commodity Subadvisor may, in its discretion, withhold from any such inspection the name of the client for whom such account is maintained.

Records of the Fund. Manager will instruct the Fund’s clearing broker(s) to furnish copies of all trade confirmations and monthly trading reports to Commodity Subadvisor. Commodity Subadvisor will maintain a record of all trading orders for the Fund’s account that have been filled and will monitor the Fund’s open positions. Upon the request of the Manager, Commodity Subadvisor shall permit Manager or its agents to inspect such information as Manager may reasonably request for the purpose of confirming that the Fund has been treated equitably with respect to trading conducted during the term of this Agreement with by all client accounts controlled by Commodity Subadvisor. With respect to the principals, Commodity Subadvisor will provide records of the proprietary accounts of its principals traded pursuant to TAP®, to show that such principals’ accounts have been traded equitably with other client accounts, including the Fund; provided that any transactions relating to TAP® may be extracted from such records to preserve the confidentiality of the principals’ trading in other programs or transactions. Commodity Subadvisor shall permit Manager or its agents reasonable inspection rights to the trading records of Commodity Subadvisor and other clients for the purpose of confirming that the Fund is being treated equitably by Commodity Subadvisor, including with respect to any modifications of trading or investment strategies resulting from speculative position limits and with respect to the assignment of priorities of order entry to Commodity Subadvisor’s accounts, and Manager shall keep such information confidential; provided, however, that Commodity Subadvisor may, in its discretion, withhold from any such inspection the name of the client for whom such account is maintained.