Common use of Activities of the Manager Clause in Contracts

Activities of the Manager. The services of the Manager to the Fund hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others. Subject to and in accordance with the Agreement and Declaration of Trust and By-Laws of the Trust and to Section 10(a) of the Investment Company Act of 1940, it is understood that Trustees, officers, agents and shareholders of the Trust are or may be interested in the Manager or its affiliates as trustees, directors, officers, agents or stockholders, and that directors, officers, agents or stockholders of the Manager or its affiliates are or may be interested in the Trust as Trustees, officers, agents, shareholders or otherwise, that the Manager or its affiliates may be interested in the Fund as shareholders or otherwise; and that the effect of any such interests shall be governed by said Agreement and Declaration of Trust, the By-Laws and the Investment Company Act of 1940.

Activities of the Manager. The services of the Manager to the Fund Trust hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others. Subject to and in accordance with the Agreement and Declaration of Trust and By-Laws of the Trust and to Section 10(a) of the Investment Company Act of 1940, it is understood that Trustees, officers, agents and shareholders stockholders of the Trust are or may be interested in the Manager or its affiliates as trustees, directors, officers, agents or stockholders, and that directorstrustees, officers, agents or stockholders of the Manager or its affiliates are or may be interested in the Trust as Trusteestrustees, officers, agents, shareholders stockholders or otherwise, that the Manager or its affiliates may be interested in the Fund Trust as shareholders stockholders or otherwise; and that the effect of any such interests shall be governed by said Agreement and Declaration of Trust, the By-Laws and the Investment Company Act of 1940Act.

Activities of the Manager. The services of the Manager to the Fund hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others. Subject to and in accordance with the Agreement and Declaration of Trust and By-Laws of the Trust and to Section 10(a) of the Investment Company Act of 1940, it is understood that Trusteestrustees, officers, agents and shareholders stockholders of the Trust are or may be interested in the Manager or its affiliates as trustees, directors, officers, agents or stockholders, and that directorstrustees, officers, agents or stockholders of the Manager or its affiliates are or may be interested in the Trust as Trusteestrustees, officers, agents, shareholders stockholders or otherwise, that the Manager or its affiliates may be interested in the Fund as shareholders stockholders or otherwise; and that the effect of any such interests shall be governed by said Agreement and Declaration of Trust, the By-Laws and the Investment Company Act of 19401940 Act.

Activities of the Manager. The services of the Manager to the Fund hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others. Subject to and in accordance with the Agreement and Declaration of Trust and By-Laws of the Trust Fund and to Section 10(a) of the Investment Company Act of 1940, it is understood that Trustees, officers, agents and shareholders of the Trust Fund are or may be interested in the Manager or its affiliates as trustees, directors, directors officers, agents or stockholders, and that directors, officers, agents or stockholders of the Manager or its affiliates are or may be interested in the Trust Fund as Trustees, officers, agents, shareholders or otherwise, and that the Manager or its affiliates may be interested in the Fund as shareholders or otherwise; and that the effect of any such interests shall be governed by said Agreement and Declaration of Trust, the By-Laws and the Investment Company Act of 1940.

Activities of the Manager. The services of the Manager to the Fund hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others. Subject to and in accordance with the Agreement and Declaration of 6# 3021395 v. 3 Trust and By-Laws of the Trust and to Section 10(a) of the Investment Company Act of 19401940 Act, it is understood that Trusteestrustees, officers, agents and shareholders of the Trust are or may be interested in the Manager or its affiliates as trustees, directors, officers, agents or stockholders, and ; that directors, officers, agents or stockholders of the Manager or its affiliates are or may be interested in the Trust as Trusteestrustees, officers, agents, shareholders or otherwise, ; that the Manager or its affiliates may be interested in the Fund as shareholders or otherwise; and that the effect of any such interests shall be governed by said Agreement and Declaration of Trust, the By-Laws and the Investment Company Act of 19401940 Act.

Activities of the Manager. The services of the Manager to the Fund hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others. Subject to and in accordance with the Agreement and Declaration of Trust and By-Laws of the Trust and to Section 10(a) of the Investment Company Act of 1940, it is understood that Trusteestrustees, officers, and agents of the Trust and shareholders of the Trust Fund are or may be interested in the Manager or its affiliates as trustees, directors, officers, agents or stockholders, and that directors, officers, agents or stockholders of the Manager or its affiliates are or may be interested in the Trust as Trustees, officers, agents, shareholders officers or otherwise, that the Manager agents or its affiliates may be interested in the Fund as shareholders or otherwise; and that the effect of any such interests shall be governed by said Agreement and Declaration of Trust, the By-Laws and the Investment Company Act of 1940.

Activities of the Manager. The services of the Manager to the Fund hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others. Subject to and in accordance with the Agreement and Declaration of 6# 3021396 v. 3 Trust and By-Laws of the Trust and to Section 10(a) of the Investment Company Act of 19401940 Act, it is understood that Trusteestrustees, officers, agents and shareholders of the Trust are or may be interested in the Manager or its affiliates as trustees, directors, officers, agents or stockholders, and ; that directors, officers, agents or stockholders of the Manager or its affiliates are or may be interested in the Trust as Trusteestrustees, officers, agents, shareholders or otherwise, ; that the Manager or its affiliates may be interested in the Fund as shareholders or otherwise; and that the effect of any such interests shall be governed by said Agreement and Declaration of Trust, the By-Laws and the Investment Company Act of 19401940 Act.

Activities of the Manager. The services of the Manager to the Fund hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others. Subject to and in accordance with the Agreement and Declaration Articles of Trust Incorporation and By-Laws of the Trust Custodian Funds and to Section 10(a) of the Investment Company Act of 19401940 Act, it is understood that Trusteesdirectors, officers, agents and shareholders stockholders of the Trust Custodian Funds are or may be interested in the Manager or its affiliates as trustees, directors, officers, agents or stockholders, and that directors, officers, agents or stockholders of the Manager or its affiliates are or may be interested in the Trust Custodian Funds as Trusteesdirectors, officers, agents, shareholders stockholders or otherwise, that the Manager or its affiliates may be interested in the Fund as shareholders stockholders or otherwise; and that the effect of any such interests shall be governed by said Agreement and Declaration Articles of TrustIncorporation, the By-Laws and the Investment Company Act of 19401940 Act.

Activities of the Manager. The services of the Manager to the Fund hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others. Subject to and in accordance with the Agreement and Declaration of Trust and By-Laws of the Trust and to Section 10(a) of the Investment Company Act of 19401940 Act, it is understood that Trusteestrustees, # 4322795 v. 1 officers, agents and shareholders of the Trust are or may be interested in the Manager or its affiliates as trustees, directors, officers, agents or stockholders, and ; that directors, officers, agents or stockholders of the Manager or its affiliates are or may be interested in the Trust as Trusteestrustees, officers, agents, shareholders or otherwise, ; that the Manager or its affiliates may be interested in the Fund as shareholders or otherwise; and that the effect of any such interests shall be governed by said Agreement and Declaration of Trust, the By-Laws and the Investment Company Act of 19401940 Act.