Common use of Advisory and Management Services Clause in Contracts

Advisory and Management Services. The Adviser, subject to the direction and supervision of the Fund’s Board of Directors and in conformity with applicable laws, the Fund’s Articles of Incorporation, Bylaws, Registration Statement, Prospectus and stated investment objectives, policies and restrictions, shall: (a) Manage the investment of the Fund’s assets including, by way of illustration, the evaluation of pertinent economic, statistical, financial, and other data, the determination of the industries and companies to be represented in the Fund’s portfolio, the formulation and implementation of the Fund’s investment program, and the determination from time to time of the securities and other investments to be purchased, retained or sold by the Fund; (b) Place orders for the purchase or sale of portfolio securities for the Fund’s account with broker-dealers selected by the Adviser; (c) Administer the day-to-day operations of the Fund; (d) Furnish to the Fund office space at such place as may be agreed upon from time to time, and all office facilities, business equipment, supplies, utilities and telephone services necessary for managing the affairs and investments and keeping the general accounts and records of the Fund that are not maintained by the Fund’s transfer agent, custodian, administrator or accounting or sub-accounting agent, and arrange for officers or employees of the Adviser to serve, without compensation from the Fund, as officers, directors or employees of the Fund, if desired and reasonably required by the Fund; (e) Pay such expenses as are incurred by it in connection with providing the foregoing services, except as provided in Section 3 hereof.

Advisory and Management Services. The Adviser, subject to the -------------------------------- direction and supervision of the Fund’s 's Board of Directors and in conformity with applicable laws, the Fund’s 's Articles of Incorporation, Bylaws, Registration Statement, Prospectus and stated investment objectives, policies and restrictions, shall: (a) Manage the investment of the Fund’s 's assets including, by way of illustration, the evaluation of pertinent economic, statistical, financial, financial and other data, the determination of the industries and companies to be represented in the Fund’s 's portfolio, the formulation and implementation of the Fund’s 's investment program, and the determination from time to time of the securities and other investments to be purchased, retained or sold by the Fund; (b) Place orders for the purchase or sale of portfolio securities for the Fund’s 's account with broker-dealers selected by the Adviser; (c) Administer the day-to-day to day operations of the FundFunds; (d) Furnish to the Fund office space at such place as may be agreed upon from time to time, and all office facilities, business equipment, supplies, utilities and telephone services necessary for managing the affairs and investments and keeping the general accounts and records of the Fund that are not maintained by the Fund’s 's transfer agent, custodian, administrator or accounting or sub-accounting subaccounting agent, and arrange for officers or employees of the Adviser to serve, without compensation from the Fund, as officers, directors or employees of the Fund, if desired and reasonably required by the Fund;. (e) Pay pay such expenses as are incurred by it in connection with providing the foregoing services, except as provided in Section 3 hereof.

Advisory and Management Services. The Adviser, subject to the -------------------------------- direction and supervision of the Fund’s Company's Board of Directors and in conformity with applicable laws, the Fund’s Company's Articles of Incorporation, Bylaws, Registration Statement, Prospectus and stated investment objectives, policies and restrictions, shall: (a) Manage the investment of the each Fund’s 's assets including, by way of illustration, the evaluation of pertinent economic, statistical, financial, financial and other data, the determination of the industries and companies to be represented in the that Fund’s 's portfolio, the formulation and implementation of the Fund’s 's investment program, and the determination from time to time of the securities and other investments to be purchased, retained or sold by the Fund; (b) Place orders for the purchase or sale of portfolio securities for the each Fund’s 's account with broker-dealers selected by the Adviser; (c) Administer the day-to-day to day operations of the each Fund; (d) Furnish to the Fund Company office space at such place as may be agreed upon from time to time, and all office facilities, business equipment, supplies, utilities and telephone services necessary for managing the affairs and investments and keeping the general those accounts and records of the Fund Company and the Funds that are not maintained by the Fund’s Company's transfer agent, custodian, administrator or accounting or sub-accounting subaccounting agent, and arrange for officers or employees of the Adviser to serve, without compensation from the FundCompany, as officers, directors or employees of the FundCompany, if desired and reasonably required by the Fund;Company; and (e) Pay such expenses as are incurred by it in connection with providing the foregoing services, except as provided in Section 3 hereofbelow.

Advisory and Management Services. The Adviser, subject to the direction and supervision of the FundCompany’s Board of Directors and in conformity with applicable laws, the FundCompany’s Articles of Incorporation, Bylaws, Registration Statement, Prospectus and stated investment objectives, policies and restrictions, shall: (a) Manage the investment of the each Fund’s assets including, by way of illustration, the evaluation of pertinent economic, statistical, financial, financial and other data, the determination of the industries and companies to be represented in the that Fund’s portfolio, the formulation and implementation of the Fund’s investment program, and the determination from time to time of the securities and other investments to be purchased, retained or sold by the Fund; (b) Place orders for the purchase or sale of portfolio securities for the each Fund’s account with broker-dealers selected by the Adviser; (c) Administer the day-to-day to day operations of the each Fund; (d) Furnish to the Fund Company office space at such place as may be agreed upon from time to time, and all office facilities, business equipment, supplies, utilities and telephone services necessary for managing the affairs and investments and keeping the general those accounts and records of the Fund Company and the Funds that are not maintained by the FundCompany’s transfer agent, custodian, administrator or accounting or sub-accounting subaccounting agent, and arrange for officers or employees of the Adviser to serve, without compensation from the FundCompany, as officers, directors or employees of the FundCompany, if desired and reasonably required by the Fund;Company; and (e) Pay such expenses as are incurred by it in connection with providing the foregoing services, except as provided in Section 3 hereofbelow.