Common Personnel. Any person (even though also a Federated officer, director, trustee, partner, employee or agent) who may be or become an Investment Company officer, trustee, partner, employee or agent, shall be deemed, when rendering services to the Investment Company or acting on any Investment Company business (other than services or business in connection with Federated's duties hereunder) to be rendering such services to or acting solely for the Investment Company and not as a Federated officer, director, trustee, partner, employee or agent or one under the control or direction of Federated even though paid by Federated.
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Samples: Sub Administrative Services Agreement (Huntington Funds), Administrative Services Agreement (Golden Oak Family of Funds), Transfer Agency Services Agreement (Golden Oak Family of Funds)
Common Personnel. Any person (even though also a Federated officer, director, trustee, partner, employee or agent) who may be or become an Investment Company officer, trustee, partner, employee or agent, shall be deemed, when rendering services to the Investment Company or acting on any Investment Company business (other than services or business in connection with Federated's duties hereunder) to be rendering such services to or acting solely for the Investment Company and not as a Federated officer, director, trustee, partner, employee or agent or one under the control or direction of Federated even though paid by Federated.
Appears in 1 contract
Samples: Administrative Services Agreement (Regions Morgan Keegan Select Funds)