Common use of Affiliated Brokers Clause in Contracts

Affiliated Brokers. The Adviser or any of its affiliates may act as broker or agent in connection with the purchase or sale of securities, commodities or other investments for the Fund, subject to: (i) the requirement that the Adviser seek to obtain best execution and price within the policy guidelines determined by the Trust Board and set out in the current Prospectus or SAI of the Trust with respect to the Series; (ii) the provisions of the 1940 Act, the CEA and the Advisers Act; (iii) the provisions of the Exchange Act, including, but not limited to, Section 11(a) thereof; and (iv) other provisions of applicable law. These brokerage services are not within the scope of the duties of the Adviser under this Agreement. Subject to the requirements of applicable law and any procedures adopted by the Board, the Adviser or its affiliates may receive brokerage commissions, fees or other remuneration from the Fund for these services.

Affiliated Brokers. The Adviser or any of its affiliates may act as broker or agent in connection with the purchase or sale of securities, commodities or other investments for the FundFunds, subject to: (i) the requirement that the Adviser seek to obtain best execution and price within the policy guidelines determined by the Trust Board and set out in the each Fund’s current Prospectus or SAI of the Trust with respect to the SeriesSAI; (ii) the provisions of the 1940 Act, the CEA and the Advisers Act, as applicable; (iii) the provisions of the Exchange Act, including, but not limited to, Section 11(a) thereof; and (iv) other provisions of applicable law. These brokerage services are not within the scope of the duties of the Adviser under this Agreement. Subject to the requirements of applicable law and any procedures adopted by the Board, the Adviser or its affiliates may receive brokerage commissions, fees or other remuneration from the Fund Funds for these servicesservices in addition to the Adviser’s fees for services under this Agreement.

Affiliated Brokers. The Adviser or any of its the Adviser’s affiliates may act as broker or agent in connection with the purchase or sale of securities, commodities securities or other investments for the a Fund, subject to, to the extent applicable: (i) the requirement that the Adviser seek to obtain best execution and price within the policy guidelines determined by the Trust Board and as set out forth in the Fund’s current Prospectus or SAI of the Trust with respect to the SeriesRegistration Statement; (ii) the provisions of the 1940 Act, the CEA and the Advisers Act; (iii) the provisions of the Exchange Advisers Act, including, but not limited to, Section 11(a; (iv) thereofthe provisions of the 1934 Act; and (ivv) other provisions of applicable law. These brokerage services are not within the scope of the duties of the Adviser under this Agreement. Subject to the requirements of applicable law and any procedures adopted by the Board, the Adviser or its the Adviser’s affiliates may receive brokerage commissions, fees fees, or other remuneration from the Fund for these servicesservices in addition to the Adviser’s fees for services under this Agreement.

Affiliated Brokers. The Adviser or any of its affiliates may act as broker or agent in connection with the purchase or sale of securities, commodities or other investments for the FundFunds, subject to: (i) the requirement that the Adviser seek to obtain best execution and price within the policy guidelines determined by the Trust Board and set out in the each Fund’s current Prospectus or SAI of the Trust with respect to the SeriesSAI; (ii) the provisions of the 1940 Act, the CEA and the Advisers Act; (iii) the provisions of the Exchange Act, including, but not limited to, Section 11(a) thereof; and (iv) other provisions of applicable law. These brokerage services are not within the scope of the duties of the Adviser under this Agreement. Subject to the requirements of applicable law and any procedures adopted by the Board, the Adviser or its affiliates may receive brokerage commissions, fees or other remuneration from the Fund Funds for these servicesservices in addition to the Adviser’s fees for services under this Agreement.