ADVISORY DUTIES. Subject to the supervision of the Board of Trustees of the Trust (the “Board”), the Adviser shall manage the investment operations and determine the composition of the portfolio of each Fund, including the purchase, retention and disposition of the securities and other instruments held by the Fund, in accordance with such Fund’s investment objective and policies as stated in the then current prospectus and Statement of Additional Information for such Fund contained in the Trust’s Registration Statement on Form N-1A (the “Registration Statement”), as such prospectus and Statement of Additional Information are amended or supplemented from time to time. The Adviser’s duties hereunder are subject to the following understandings:
(a) The Adviser shall provide supervision of investments, furnish a continuous investment program for the Funds, determine from time to time what investments or securities will be purchased, retained or sold by the Funds, and what portion of the assets will be invested or held uninvested as cash;
(b) The Adviser, in the performance of its duties and obligations under this Agreement, shall act in conformity with the Trust’s Declaration of Trust, By-Laws, Registration Statement and the terms and conditions of the order of exemption under the 1940 Act of the Securities and Exchange Commission (IC Release No. 29524) (December 13, 2010) granted pursuant to the Amended and Restated Application, and with the instructions and directions of the Board, provided, however, the Adviser shall not be responsible for acting contrary to any of the foregoing that are changed without notice of such change to the Adviser; and the Adviser shall conform to and comply with the applicable requirements of the 1940 Act and all other applicable federal or state laws and regulations;
(c) The Adviser shall promptly communicate to the officers and Trustees of the Trust such information relating to transactions of the Funds as they may reasonably request. On occasions when the Adviser deems the purchase or sale of a security to be in the best interest of a Fund as well as other clients, the Adviser, to the extent permitted by applicable laws and regulations, may aggregate the securities to be sold or purchased, provided that all accounts are treated equitably and fairly. In such event, allocation of the securities so purchased or sold, as well as the expenses incurred in the transactions, shall be made by the Adviser in the manner it considers to be the most equitab...
ADVISORY DUTIES. Subject to the supervision of the Board of Directors of the Fund, the Adviser shall manage the investment operations of the Fund and the composition of the Fund's portfolio, including the purchase, retention and disposition thereof, in accordance with the Fund's investment objective and policies as stated in the Registration Statement (as defined in paragraph 3(d) of this Agreement) and subject to the following understandings:
(a) The Adviser shall provide supervision of the Fund's investments, furnish a continuous investment program for the Fund's portfolio, determine from time to time what investments or securities will be purchased, retained or sold by the Fund, and what portion of the assets will be invested or held uninvested as cash;
(b) The Adviser shall use the same skill and care in the management of the Fund's portfolio as it uses in the administration of other fiduciary accounts for which it has investment responsibility;
(c) The Adviser, in the performance of its duties and obligations under this Agreement, shall act in conformity with the Articles of Incorporation, By-Laws and Registration Statement of the Fund and with the instructions and directions of the Board of Directors of the Fund and will conform to and comply with the requirements of the 1940 Act and all other applicable federal and state laws and regulations;
(d) The Adviser shall determine the securities to be purchased or sold by the Fund and will place orders pursuant to its determinations either directly with the issuer or with any broker and/or dealer who deals in the securities in which the Fund is active. The Adviser is directed to use its best efforts to obtain the best available price and most favorable execution, except as prescribed herein. Subject to policies established by the Board of Directors of the Fund, the Adviser may also be authorized to effect individual securities transactions at commission rates in excess of the minimum commission rates available, if the Adviser determines in good faith that such amount of commission was reasonable in relation to the value of the brokerage or research services provided by such broker or dealer, viewed in terms of either that particular transaction or the Adviser's overall responsibilities with respect to the Fund. The execution of such transactions shall not be deemed to represent an unlawful act or breach of any duty created by this Agreement or otherwise. The Adviser will promptly communicate to the officers and Directors o...
ADVISORY DUTIES. Subject to the supervision of the Fund's Board of Trustees, the Adviser shall manage the investment operations and composition of the Portfolio in accordance with the investment objective and policies stated in the Fund's Registration Statement (as defined in paragraph 3(d) of this Agreement), and subject to the following understandings:
(a) The Adviser shall supervise the Portfolio's investments, furnish a continuous investment program for the Portfolio, determine from time to time what investments or securities will be purchased, retained or sold by the Portfolio, and what portion of the Portfolio's assets will be invested or held uninvested as cash;
(b) The Adviser shall use the same skill and care in the management of the Portfolio as it uses in the administration of other fiduciary accounts for which it has investment responsibility;
(c) The Adviser, in the performance of its duties and obligations under this Agreement, shall act in conformity with the Declaration of Trust, By-Laws and Registration Statement of the Fund, and with the instructions and directions of the Board of Trustees of the Fund. The Adviser will conform to and comply with the requirements of the 1940 Act and all other applicable federal and state laws and regulations;
(d) The Adviser shall determine the securities to be purchased or sold by the Portfolio and will place orders pursuant to its determinations either directly with the issuer or with any broker and/or dealer who deals in the securities in which the Portfolio is active. The Adviser is directed to use its best efforts to obtain the best available price and most favorable execution, except as prescribed herein. Subject to policies established by the Board of Trustees of the Fund, the Adviser may also be authorized to effect individual securities transactions at commission rates in excess of the minimum commission rates available, if the Adviser determines in good faith that such amount of commission was reasonable in relation to the value of the brokerage or research services provided by such broker or dealer, viewed in terms of either that particular transaction or the Adviser's overall responsibilities with respect to the Portfolio. The execution of such transactions shall not be deemed to represent an unlawful act or breach of any duty created by this Agreement or otherwise. The Adviser will promptly communicate to the officers and Trustees of the Fund such information relating to portfolio transactions as they may reas...
ADVISORY DUTIES. YTS will provide strategic advisory services specific to issues facing CCIS and affecting U.S.-Serbian economic relations, including issues management and government affairs, which is expected to include outreach to U.S. government officials and relevant private sector organizations. YTS will arrange roadshows, conferences, speaking engagements, interviews and other forms of promotional events and platforms for CCIS and its member-companies in Washington, D.C, New York, San Francisco, Chicago, and other key markets in the United States for the purposes of attracting U.S. foreign direct investment to Serbia, exploring opportunities for Serbian investment in the United States, and fostering expanded engagement between key commercial actors in both countries.
ADVISORY DUTIES. As of January 1, 1997 and until termination of this Agreement, the Managing Operator shall have sole authority and responsibility for directing the investment and reinvestment in commodity interests of the Trust’s assets. The Managing Operator will determine the trades in commodity interests on behalf of the Trust in accordance with the Trust’s Offering Memorandum. All purchases and sales of commodity interests shall be for the account and at the risk of the Trust. All brokerage and floor commissions and fees, option premiums, and other transaction costs and expenses incurred in connection with transactions by and for the Trust shall be charged to the Trust. The Managing Operator shall receive a Commodity Trading Authorization appointing it the Trust’s agent and attorney-in-fact for such purpose. The Chicago Corporation is currently the Trust’s clearing broker (the “Commodity Broker”), although the Managing Operator may select an additional or replacement Commodity Broker if it deems such action to be in the best interest of the Trust.
ADVISORY DUTIES. As of the commencement of trading operations of the Fund and until termination of this Agree-ment, the General Partner shall have sole authority and responsibility for directing the investment and reinvestment in commodity interests of the Fund's assets. The General Partner will determine the trades in com-modity interests on behalf of the Fund in accordance with the Fund's Prospectus, included in the Fund's registration statement as declared effective by the Securities and Exchange Commission (the "Prospectus"). All purchases and sales of commodity interests shall be for the account and at the risk of the Fund. All brokerage and floor commissions and fees, option premiums, and other transaction costs and expenses incurred in con-nection with transactions by and for the Fund shall be charged to the Fund. The General Partner shall receive a Commodity Trading Autho-rization appointing it the Fund's agent and attorney-in-fact for such purpose. The General Partner has selected PaineWebber Incorporated as the clearing broker (the "Commodity Broker").
ADVISORY DUTIES. As of the commencement of trading operations of the Fund and until the termination of this Agreement, SAM xxxll have sole authority and responsibility for directing the investment and reinvestment in commodity interests of the assets of the Fund. SAM xxxll determine the trades in commodity interests on behalf of the Fund in accordance with the prospectus included in the registration statement on Form S-1 of the Fund as declared effective by the Securities and Exchange Commission (as amended or supplemented from time to time, the "Prospectus"). All purchases and sales of commodity interests shall be for the account and at the risk of the Fund. All brokerage and floor commissions and fees, option premiums and other transaction costs and expenses incurred in connection with transactions by and for the Fund shall be charged to the Fund. SAM xxxll receive a commodity trading authorization appointing it the agent and attorney-in-fact of the Fund for such purpose. SAM xxx selected ADM Investor Services, Inc., a Delaware corporation, as the commodity broker for the Fund (the "Commodity Broker"). From time to time, SAM xxx engage another or an additional firm as commodity broker for the Fund.
ADVISORY DUTIES. During the Advisory Period, the Executive will use his good faith efforts to perform such services to the best of his abilities. The Executive agrees that he will devote a reasonable amount of time performing such duties on behalf of the Company as from time to time may be assigned to him by the Board, which may include (i) assistance with the transition of the incoming team of the Company, and (ii) general guidance with respect to the Company’s products and pipeline development and general corporate duties. Notwithstanding any provision of this Agreement to the contrary, the Company understands and acknowledges that Executive services under this Agreement are not exclusive and that Executive is permitted to be employed full-time at other entities while rendering services under this Agreement.
ADVISORY DUTIES. During the Advisory Period, the Executive will use his good faith efforts to perform such services to the best of his abilities. The Executive agrees that he will devote a reasonable amount of time performing such duties on behalf of the Company as from time to time may be assigned to him by the Board, which may include, (i) assistance with the transition of the new _______ Officer, (ii) identification, support, negotiation and analysis of acquisitions and dispositions by the Company or its subsidiaries, and (iii) other services for the Company upon which the Company and the Executive agree. Notwithstanding any provision of this Agreement to the contrary, the Company understands and acknowledges that Executive services under this Agreement are not exclusive and that Executive is permitted to be employed full-time at other entities while rendering services under this Agreement.
ADVISORY DUTIES. Subject to the supervision of the Board of Trustees of the Trust (the "Board"), the Adviser shall manage the investment operations and determine the composition of the portfolio of each Fund, including the purchase, retention and disposition of the securities and other instruments held by the Fund, in accordance with such Fund's investment objective and policies as stated
