Common use of Authorization to Invest in Affiliated Funds Clause in Contracts

Authorization to Invest in Affiliated Funds. If your Account is a retirement Account governed by ERISA or the Code, you hereby authorize and agree that Fidelity Advisers may invest the assets of your Account in no-load (we will invest in load funds if the load is waived) mutual funds for which Fidelity Advisers or an affiliate serves as an adviser or subadviser for a fee, including without limitation the Fidelity funds, where Fidelity Advisers determine, in their sole discretion, that the investment in a pooled vehicle such as a Fidelity fund is appropriate. You acknowledge and agree that Fidelity Advisers or our affiliates may receive fees, as a result of purchases or sales of shares of Fidelity funds for your Account. You represent and warrant that: (i) Fidelity Advisers has advised you that Fidelity funds are appropriate for investment by you because of, among other things, their investment goals, liquidity, and diversification;

Authorization to Invest in Affiliated Funds. If your Account is a retirement Account governed by ERISA or the Code, you hereby authorize and agree that Fidelity Advisers may invest the assets of your Account in no-load (we will invest in load funds if the load is waived) mutual funds for which Fidelity Advisers or an affiliate affiliate serves as an adviser or subadviser for a fee, including without limitation the Fidelity funds, where Fidelity Advisers determine, in their sole discretion, that the investment in a pooled vehicle such as a Fidelity fund is appropriate. You acknowledge and agree that Fidelity Advisers or our affiliates affiliates may receive fees, as a result of purchases or sales of shares of Fidelity funds for your Account. You represent and warrant that: (i) Fidelity Advisers has advised you that Fidelity funds are appropriate for investment by you because of, among other things, their investment goals, liquidity, and diversificationdiversification;