Common use of Appointment of Investment Adviser Clause in Contracts

Appointment of Investment Adviser. Effective immediately, the Fund hereby appoints the Investment Adviser to act as investment adviser to the Fund for the period and on the terms set forth herein. The Investment Adviser accepts such appointment and agrees to render the services set forth herein, for the compensation provided herein.

Appointment of Investment Adviser. Effective immediately, the The Fund hereby appoints the Investment Adviser to act as investment adviser with respect to the Fund Fund’s assets for the period and on the terms set forth herein. The Investment in this Agreement, and the Adviser accepts such appointment and agrees to render the services set forth herein, for the compensation provided hereinappointment.