Common use of Affiliated Broker Clause in Contracts

Affiliated Broker. Underlying Manager or an affiliated person of Underlying Manager may act as broker for the Portfolio in connection with the purchase or sale of securities or other investments for the Portfolio Segment, subject to: (a) the requirement that Underlying Manager seek to obtain best execution as set forth above; (b) the provisions of the Investment Advisers Act of 1940, as amended (the “Advisers Act”); (c) the provisions of the Securities Exchange Act of 1934, as amended; and (d) other applicable provisions of law. Subject to the requirements of applicable law and any procedures adopted by the Fund’s Board of Directors, Underlying Manager or its affiliated persons may receive brokerage commissions, fees or other remuneration from the Portfolio or the Fund for such services in addition to Underlying Manager’s fees for services under this Agreement.

Affiliated Broker. Underlying Manager The Advisor or an affiliated person of Underlying Manager the Advisor may act as broker for the Portfolio Funds or any portion thereof in connection with the purchase or sale of securities or other investments for the Portfolio SegmentFunds or any portion thereof, subject to: (a) the requirement that Underlying Manager the Advisor seek to obtain best execution as set forth above; (b) the provisions of the Investment Advisers Act of 1940, as amended (the “Advisers Act”); (c) the provisions of the Securities Exchange Act of 1934, as amended; and (d) other applicable provisions of law. Subject to the requirements of applicable law and any procedures adopted by the FundCompany’s Board of DirectorsTrustees, Underlying Manager the Advisor or its affiliated persons may receive brokerage commissions, fees or other remuneration from the Portfolio or the Fund Funds for such services in addition to Underlying Managerthe Advisor’s fees for services under this Agreement.

Affiliated Broker. Underlying Manager The Advisor or an affiliated person of Underlying Manager the Advisor may act as broker for the Portfolio Funds or any portion thereof in connection with the purchase or sale of securities or other investments for the Portfolio SegmentFunds or any portion thereof, subject to: (a) the requirement that Underlying Manager the Advisor seek to obtain best execution as set forth above; (b) the provisions of the Investment Advisers Act of 1940, as amended (the “"Advisers Act”"); (c) the provisions of the Securities Exchange Act of 1934, as amended; and (d) other applicable provisions of law. Subject to the requirements of applicable law and any procedures adopted by the Fund’s Company's Board of DirectorsTrustees, Underlying Manager the Advisor or its affiliated persons may receive brokerage commissions, fees or other remuneration from the Portfolio or the Fund Funds for such services in addition to Underlying Manager’s the Advisor's fees for services under this Agreement.