Common use of Client Use of Subadvisor Clause in Contracts

Client Use of Subadvisor. If Client has engaged a Subadvisor to help manage certain of its funds, then Client may distribute Service Data received from Service Provider to such Subadvisor; provided, however, that Client further represents, warrants, and covenants that: i. Client’s Subadvisor will use the Service Data solely to verify the NAV calculation and not for any other purpose other than as described under subsection 1(b) above; and, ii. Client will enter into a written agreement with Subadvisor which requires the Subadvisor to agree to: 1. Subsection 1(g)(i) above acknowledging use of Service Data solely to verify NAV calculations and for other purposes described in subsection 1(b) above; 2. Subsection 1(c) above granting Third-Party Data Providers and Bloomberg the right to audit Client’s use of Service Data; 3. Subsection 1(d) above including Bloomberg and its affiliates as third- party beneficiaries to the written agreement between Client and its Subadvisor; and, 4. Subsection 1(e) above acknowledging that Bloomberg has no liability relating to Subadvisor’s use of the Service Data.

Client Use of Subadvisor. If Client has engaged a Subadvisor subadvisor to help manage certain of its funds, then Client may distribute Service Data received from Service Provider to such Subadvisorsubadvisor; provided, however, that Client further represents, warrants, and covenants that: i. Client’s Subadvisor subadvisor will use the Service Data solely to verify the NAV calculation and not for any other purpose other than as described under subsection 1(b) above; and, ii. Client will enter into a written agreement with Subadvisor subadvisor which requires the Subadvisor subadvisor to agree to: 1. Subsection 1(g)(i1 (g)(i) above acknowledging use of Service Data solely to verify NAV calculations and for other purposes described in subsection 1(b) above; 2. Subsection 1(c1 (c) above granting Third-Party Data Providers and Bloomberg the right to audit Client’s use of Service Data; 3. Subsection 1(d1 (d) above including Bloomberg and its affiliates as third- third-party beneficiaries to the written agreement between Client and its Subadvisorsubadvisor; and, 4. Subsection 1(e) above acknowledging that Bloomberg has no liability relating to Subadvisorsubadvisor’s use of the Service Data.

Client Use of Subadvisor. If Client has engaged a Subadvisor to help manage certain of its funds, then Client may distribute Service Data received from Service Provider to such Subadvisor; provided, however, that Client further represents, warrants, and covenants that: i. Client’s Subadvisor will use the Service Data solely to verify the NAV calculation and not for any other purpose other than as described under subsection 1(b) above; and, ii. Client will enter into a written agreement with Subadvisor which requires the Subadvisor to agree to: 1. Subsection 1(g)(i) above acknowledging use of Service Data solely to verify NAV calculations and for other purposes described in subsection 1(b) above; 2. Subsection 1(c) above granting Third-Party Data Providers and Bloomberg the right to audit Client’s use of Service Data; 3. Subsection 1(d) above including Bloomberg and its affiliates as third- third-party beneficiaries to the written agreement between Client and its Subadvisor; and, 4. Subsection 1(e) above acknowledging that Bloomberg has no liability relating to Subadvisor’s use of the Service Data.