The Administrator. BISYS shall furnish at its own expense the executive, supervisory and clerical personnel necessary to perform its obligations under this Agreement. BISYS shall also provide the items which it is obligated to provide under this Agreement, and shall pay all compensation, if any, of officers of the Trust and Trustees of the Trust who are affiliated persons of BISYS or any affiliated corporation of BISYS; provided, however, that unless otherwise specifically provided, BISYS shall not be obligated to pay the compensation of any employee of the Trust retained by the Board to perform services on behalf of the Trust.
Appears in 3 contracts
Samples: Form of Administration Agreement (Variable Insurance Funds), Form of Administration Agreement (Variable Insurance Funds), Administration Agreement (Pacific Capital Funds)
The Administrator. BISYS shall furnish at its own expense the executive, supervisory and clerical personnel necessary to perform its obligations under this Agreement. BISYS shall also provide the items which it is obligated to provide under this Agreement, and shall pay all compensation, if any, of officers of the Trust Company and Trustees of the Trust Company who are affiliated persons of BISYS or any affiliated corporation of BISYS; provided, however, that unless otherwise specifically provided, BISYS shall not be obligated to pay the compensation of any employee of the Trust Company retained by the Board to perform services on behalf of the TrustCompany.
Appears in 3 contracts
Samples: Master Services Agreement (HSBC Investor Funds), Master Services Agreement (HSBC Advisor Funds Trust), Master Services Agreement (HSBC Investor Funds)
