Common use of Corporate Name Clause in Contracts

Corporate Name. The Company acknowledges that it has obtained its corporate name by consent of the Adviser, which consent was given in reliance and upon the provisions hereafter contained. The Company agrees that if the Adviser should cease to be the investment adviser of the Company, the Company will, upon written demand of the Adviser forthwith (a) for a period of two years after such written demand, state in all prospectuses, advertising material, letterheads and other material designed to be read by investors or prospective investors, in a prominent position and in prominent type (as may be reasonably approved by the Adviser), that Glenmede Investment Management LP no longer serves as the investment adviser of the Company, and (b) delete from its name the word “Glenmede” or any approximation thereof. The Company further agrees that the Adviser or its affiliates may permit other persons, partnerships (general or limited), associations, trusts, corporations or other incorporated or unincorporated groups of persons, including without limitation any investment company or companies of any type which may be initially sponsored or organized by the Adviser or its affiliates in the future, to use the word “GLENMEDE” or any approximation thereof as part of their names. As used in this section, “Glenmede Investment Management LP” and “Adviser” shall include any successor corporation, partnership, limited partnership, trust or person.

Corporate Name. The Company acknowledges that it has obtained its corporate name by consent of the Adviser, which consent was given in reliance and upon the provisions hereafter contained. The Company agrees that if the Adviser should cease to be the investment adviser of the Company, the Company will, upon written demand of the Adviser forthwith (a) for a period of two years after such written demand, state in all prospectuses, advertising material, letterheads and other material designed to be read by investors or prospective investors, in a prominent position and in prominent type (as may be reasonably approved by the Adviser), that Glenmede Investment Management LP no longer serves as the investment adviser of the Company, and (b) delete from its name the word “Glenmede” or any approximation thereof. The Company further agrees that the Adviser or its affiliates may permit other persons, partnerships (general or limited), associations, trusts, corporations or other incorporated or unincorporated groups of persons, including without limitation any investment company or companies of any type which may be initially sponsored or organized by the Adviser or its affiliates in the future, to use the word “GLENMEDE” or any approximation thereof as part of their names. As used in this section, “Glenmede Investment Management LP” and “Adviser” shall include any successor corporation, partnership, limited partnership, trust or person.Management