Common use of APPOINTMENT OF SUBADVISER Clause in Contracts

APPOINTMENT OF SUBADVISER. Subject always to the supervision and control of the Board, any duly constituted committee thereof or any officer of the Fund acting pursuant to like authority and to such policies as the Board may determine, Adviser hereby appoints Subadviser to provide, at Subadviser's expense, Portfolio Management Services (as defined in Section 2) with respect to those assets belonging to the Fund that the Adviser designates from time to time, and Subadviser hereby accepts such appointment, on the terms and subject to the conditions set forth in this Agreement. It is understood that Adviser may itself provide Portfolio Management Services or other services with respect to, or may appoint other subadvisers to provide Portfolio Management Services or other services with respect to, assets of the Fund as to which Subadviser has not been appointed to provide Portfolio Management Services.

APPOINTMENT OF SUBADVISER. Subject always to the supervision and control of the Board, any duly constituted committee thereof or any officer of the Fund acting pursuant to like authority and to such policies as the Board may determine, Adviser hereby appoints Subadviser to provide, at Subadviser's expense, Portfolio Management Services (as defined in Section 2) with respect to those assets belonging to the Fund that the Adviser designates from time to time, ("Designated Assets") and Subadviser hereby accepts such appointment, on the terms and subject to the conditions set forth in this Agreement. It is understood that Adviser may itself provide Portfolio Management Services or other services with respect to, or may appoint other subadvisers to provide Portfolio Management Services or other services with respect to, assets of the Fund as to which Subadviser has not been appointed to provide Portfolio Management Services.

APPOINTMENT OF SUBADVISER. Subject always to the supervision and control of the Board, any duly constituted committee thereof or any officer of the Fund acting pursuant to like authority and to such policies as the Board may determine, Adviser hereby appoints Subadviser to provide, at Subadviser's expenseexpense (except as otherwise provided in Section 3), Portfolio Management Services (as defined in Section 2) with respect to those assets belonging to the Fund that the Adviser designates from time to time("Designated Assets"), and Subadviser hereby accepts such appointment, on the terms and subject to the conditions set forth in this Agreement. It is understood that Adviser may itself provide Portfolio Management Services or other services with respect to, or may appoint other subadvisers to provide Portfolio Management Services or other services with respect to, assets of the Fund as to which Subadviser has Fund, if any, that are not been appointed to provide Portfolio Management ServicesDesignated Assets.