Common use of Activities of ALPS Clause in Contracts

Activities of ALPS. (a) Except to the extent necessary to perform ALPS’ obligations under this Agreement, nothing herein shall be deemed to limit or restrict ALPS’ right, or the right of any of ALPS’ managers, officers or employees who also may be a director, officer or employee of the Trust (including, without limitation, the PFO), or who are otherwise affiliated persons of the Trust, to engage in any other business or to devote time and attention to the management or other aspects of any other business, whether of a similar or dissimilar nature, or to render services of any kind to any other corporation, trust, firm, individual or association. (b) Upon prior approval by the Trust, ALPS may subcontract any or all of its functions or responsibilities pursuant to this Agreement to one or more persons, which may be affiliated persons of ALPS who agree to comply with the terms of this Agreement; provided, that any such subcontracting shall not relieve ALPS of its responsibilities hereunder. ALPS may pay those persons for their services, but no such payment will increase ALPS’ compensation or reimbursement of expenses from the Trust.

Activities of ALPS. (a) Except to the extent necessary to perform ALPS’ ’s obligations under this Agreement, nothing herein shall be deemed to limit or restrict ALPS’ ’s right, or the right of any of ALPS’ ’s managers, officers or employees who also may be a director, officer or employee of the Trust (including, without limitation, the PFO), or who are otherwise affiliated persons of the Trust, to engage in any other business or to devote time and attention to the management or other aspects of any other business, whether of a similar or dissimilar nature, or to render services of any kind to any other corporation, trust, firm, individual or association. (b) Upon prior approval by the Trust, ALPS may subcontract any or all of its functions or responsibilities pursuant to this Agreement to one or more persons, which may be affiliated persons of ALPS who agree to comply with the terms of this Agreement; provided, that any such subcontracting shall not relieve ALPS of its responsibilities hereunder. ALPS may pay those persons for their services, but no such payment will increase ALPS’ ’s compensation or reimbursement of expenses from the Trust.

Activities of ALPS. (a) Except to the extent necessary to perform ALPS’ ’s obligations under this Agreement, nothing herein shall be deemed to limit or restrict ALPS’ ’s right, or the right of any of ALPS’ ’s managers, officers or employees who also may be a director, officer or employee of the Trust Fund (including, without limitation, the PFO), or who are otherwise affiliated persons of the TrustFund, to engage in any other business or to devote time and attention to the management or other aspects of any other business, whether of a similar or dissimilar nature, or to render services of any kind to any other corporation, trust, firm, individual or association. (b) Upon prior approval by the TrustFund, ALPS may subcontract any or all of its functions or responsibilities pursuant to this Agreement to one or more persons, which may be affiliated persons of ALPS who agree to comply with the terms of this Agreement; provided, that any such subcontracting shall not relieve ALPS of its responsibilities hereunder. ALPS may pay those persons for their services, but no such payment will increase ALPS’ ’s compensation or reimbursement of expenses from the TrustFund.

Activities of ALPS. (a) Except to the extent necessary to perform ALPS’ obligations under this Agreement, nothing herein shall be deemed to limit or restrict ALPS’ right, or the right of any of ALPS’ managers, officers or employees who also may be a director, officer or employee of the Trust (including, without limitation, the PFO), or who are otherwise affiliated persons of the Trust, to engage in any other business or to devote time and attention to the management or other aspects of any other business, whether of a similar or dissimilar nature, or to render services of any kind to any other corporation, trust, firm, individual or association. (b) Upon prior approval by the TrustTrust and the Adviser, ALPS may subcontract any or all of its functions or responsibilities pursuant to this Agreement to one or more persons, which may be affiliated persons of ALPS who agree to comply with the terms of this Agreement; provided, that any such subcontracting shall not relieve ALPS of its responsibilities hereunder. ALPS may pay those persons for their services, but no such payment will increase ALPS’ compensation or reimbursement of expenses from the Trust.

Activities of ALPS. (a) Except to the extent necessary to perform ALPS’ obligations under this Agreement, nothing herein shall be deemed to limit or restrict ALPS’ right, or the right of any of ALPS’ managers, officers or employees who also may be a director, officer or employee of the Trust (including, without limitation, the PFO), or who are otherwise affiliated persons of the Trust, to engage in any other business or to devote time and attention to the management or other aspects of any other business, whether of a similar or dissimilar nature, or to render services of any kind to any other corporation, trust, firm, individual or association. (b) Upon prior approval by the Trust, ALPS may subcontract any or all of its functions or responsibilities pursuant to this Agreement to one or more persons, which may be affiliated persons of ALPS who agree to comply with the terms of this Agreement; provided, that any such subcontracting shall not relieve ALPS of its responsibilities hereunder. ALPS may pay those persons for their services, but no such payment will increase ALPS’ compensation or reimbursement of expenses from the TrustFunds.