Common use of Activities of the Adviser Clause in Contracts

Activities of the Adviser. The services of the Adviser to the Trust hereunder are not to be deemed to be exclusive, and the Adviser and its affiliates are free to render services to other parties. It is understood that trustees, officers and shareholders of the Trust are or may become interested in the Adviser as directors, officers and shareholders of the Adviser, that directors, officers, employees and shareholders of the Adviser are or may become similarly interested in the Trust, and that the Adviser may become interested in the Trust as a shareholder or otherwise.

Activities of the Adviser. The services of the Adviser to the Trust hereunder are not to be deemed to be exclusive, and the Adviser and its affiliates are shall be free to render similar services to other partiesothers. It is understood that trustees, the Trustees and officers and shareholders of the Trust are or may become interested in the Adviser as directorsstockholders, officers or otherwise, and shareholders of the Adviser, that directors, officers, employees stockholders and shareholders officers of the Adviser are or may become similarly interested in the Trust, and that the Adviser may become interested in the Trust as a shareholder or otherwise.

Activities of the Adviser. The services of the Adviser to the Trust and each Fund hereunder are not to be deemed to be exclusive, and the Adviser and its affiliates are shall be free to render similar services to other partiesothers. It is understood that trustees, Trustees and officers and shareholders of the Trust are or may become interested in the Adviser as directors, officers and shareholders of the Adviser, that directorsstockholders, officers, employees or otherwise, and shareholders that stockholders and officers of the Adviser are or may become similarly interested in the Trust, and that the Adviser may become interested in the Trust as a shareholder or otherwise.

Activities of the Adviser. The services of the Adviser to the Trust hereunder are not to be deemed to be exclusive, and the Adviser and its affiliates are being free to render services to other partiesothers. It is understood that trusteesTrustees, officers officers, and shareholders of the Trust are or may be or become interested in the Adviser as directors, officers officers, employees or otherwise, and shareholders of the Adviser, that directors, officers, officers and employees and shareholders of the Adviser are or may be or become similarly interested in the Trust, and that the Adviser may be or become interested in the Trust as a shareholder or otherwise.