Common use of APPOINTMENT OF SUB-ADMINISTRATOR Clause in Contracts

APPOINTMENT OF SUB-ADMINISTRATOR. The Administrator hereby appoints the Sub-Administrator to act as sub-administrator with respect to each Fund for purposes of providing certain administrative services for the period and on the terms set forth in this Agreement. The Sub-Administrator accepts such appointment and agrees to render the services stated herein. At the date hereof, the Trust consists of the Funds and their respective classes of shares as listed in Schedule A to this Agreement. In the event that the Trust establishes one or more additional Fund(s) or classes of Fund(s) with respect to which it wishes to retain the Sub-Administrator to act as sub-administrator hereunder, the Administrator shall notify the Sub-Administrator in writing. Upon written acceptance by the Sub-Administrator, such Fund(s) or classes shall become subject to the provisions of this Agreement to the same extent as the existing Funds or classes, except to the extent that such provisions (including those relating to the compensation and expenses payable by the Administrator) may be modified with respect to such Fund(s) or classes in writing by the Administrator and the Sub-Administrator at the time of the addition of such Fund(s) or classes.

APPOINTMENT OF SUB-ADMINISTRATOR. The Administrator hereby appoints the Sub-Administrator to act as sub-administrator with respect to each Fund the Trust for purposes of providing certain administrative services for the period and on the terms set forth in this Agreement, subject to the oversight and direction of the Administrator. The Sub-Administrator accepts such appointment and agrees to render the services stated herein. At the date hereof, the The Trust currently consists of the Funds Fund(s) and their respective classes of shares as listed in Schedule A to this Agreement. In the event that the Trust establishes one or more additional Fund(s) or classes of Fund(s) with respect to which it the Administrator wishes to retain the Sub-Administrator to act as sub-administrator hereunder, the Administrator shall notify the Sub-Administrator in writing. Upon written acceptance by the Sub-Administrator, such Fund(s) or classes shall become subject to the provisions of this Agreement to the same extent as the existing Funds or classesFund, except to the extent that such provisions (including those relating to the compensation and expenses payable by the Administratorpayable) may be modified with respect to such Fund(s) or classes Fund in writing by the Administrator and the Sub-Administrator at the time of the addition of such Fund(s) or classesFund.

APPOINTMENT OF SUB-ADMINISTRATOR. The Administrator hereby appoints the Sub-Administrator to act as sub-administrator with respect to each Fund the Trust for purposes of providing certain administrative services for the period and on the terms set forth in this Agreement. The Sub-Administrator accepts such appointment and agrees to render the services stated herein. At the date hereof, the Trust consists The Funds currently consist of the Funds series and their respective classes of shares as listed in Schedule A to this AgreementAgreement with respect to which the Administrator wishes to retain the Sub-Administrator to act as administrator hereunder. In the event that the Trust establishes one or more additional Fund(s) or classes of Fund(s) with respect to which it the Administrator wishes to retain the Sub-Administrator to act as sub-administrator hereunder, the Administrator shall notify the Sub-Administrator in writing. Upon written acceptance by the Sub-Administrator, such Fund(s) or classes shall become subject to the provisions of this Agreement to the same extent as the existing Funds or classesFund(s), except to the extent that such provisions (including those relating to the compensation and expenses payable by the Administrator) may be modified with respect to such Fund(s) or classes Fund in writing by the Administrator and the Sub-Administrator at the time of the addition of such Fund(s) or classes.Fund