Delegation of Services. The Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("Sub-Advisers") to perform some or all of the services for the Fund for which it is responsible under this Agreement. The Adviser will compensate any Sub-Adviser for its services to the Fund. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the Fund's shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser.
Appears in 66 contracts
Samples: Investment Management Agreement (Franklin Mutual Series Fund Inc), Investment Management Agreement (Franklin Investors Securities Trust), Investment Management Agreement (Franklin Value Investors Trust)
Delegation of Services. The Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("“Sub-Advisers"”) to perform some or all of the services for the Fund for which it is responsible under this Agreement. The Adviser will compensate any Sub-Adviser for its services to the Fund. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the Fund's ’s shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser. 3.
Appears in 17 contracts
Samples: Investment Management Agreement (Franklin Investors Securities Trust), Investment Management Agreement (Franklin Mutual Series Funds), Investment Management Agreement (Franklin Investors Securities Trust)
Delegation of Services. The Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("“Sub-Advisers"”) to perform some or all of the services for the Fund for which it is responsible under this Agreement. The Adviser will compensate any Sub-Adviser for its services to the Fund. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the Fund's ’s shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser.
Appears in 7 contracts
Samples: Investment Management Agreement (Franklin Templeton Fund Allocator Series), Investment Management Agreement (Franklin Tax Free Trust), Investment Advisory Agreement (Franklin Templeton Variable Insurance Products Trust)
Delegation of Services. The Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("Sub-Advisers") to perform some or all of the services for the each Fund for which it is responsible under this Agreement. The Adviser will compensate any Sub-Adviser for its services to the each Fund. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the each Fund's shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser.
Appears in 6 contracts
Samples: Franklin Global Trust (Franklin Global Trust), Investment Advisory Agreement (Franklin Global Trust), Franklin Global Trust (Franklin Global Trust)
Delegation of Services. The Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("Sub-Advisers") to perform some or all of the services for the Fund Funds for which it is responsible under this Agreement. The Adviser will compensate any Sub-Adviser for its services to the FundFunds. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the Fund's Funds' shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser.
Appears in 5 contracts
Samples: Investment Management Agreement (Franklin Investors Securities Trust), Investment Managment Agreement (Franklin Tax Free Trust), Investment Managment Agreement (Franklin California Tax Free Trust)
Delegation of Services. The Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("“Sub-Advisers"”) to perform some or all of the services for the Fund for which it is responsible under this Agreement. The Adviser will compensate any Sub-Adviser for its services to the Fund. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the Fund's ’s shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser.
Appears in 4 contracts
Samples: Investment Management Agreement (Franklin Templeton Variable Insurance Products Trust), Investment Management Agreement (Franklin Templeton Variable Insurance Products Trust), Investment Management Agreement (Franklin Templeton Variable Insurance Products Trust)
Delegation of Services. The Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("“Sub-Advisers"”) to perform some or all of the services for the Fund Funds for which it is responsible under this Agreement. The Adviser will compensate any Sub-Adviser for its services to the FundFunds. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the Fund's Funds’ shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser. 3.
Appears in 4 contracts
Samples: Investment Management Agreement (Franklin Tax Free Trust), Investment Management Agreement (Franklin Tax Free Trust), Investment Management Agreement (Franklin New York Tax Free Trust)
Delegation of Services. The Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("Sub-Advisers") to perform some or all of the services for the Fund Trust for which it is responsible under this Agreement. The Adviser will compensate any Sub-Adviser for its services to the FundTrust. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the FundTrust's shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser.
Appears in 3 contracts
Samples: Investment Management Agreement (Franklin Tax Exempt Money Fund), Investment Managment Agreement (Franklin Tax Exempt Money Fund), Investment Managment Agreement (Franklin California Tax Free Income Fund Inc)
Delegation of Services. The Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("“Sub-Advisers"”) to perform some or all of the services for the Fund for which it is responsible under this Agreement. The Adviser will compensate any Sub-Adviser for its services to the Fund. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the Fund's ’s shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser.
Appears in 2 contracts
Samples: Investment Management Agreement (Franklin Templeton Variable Insurance Products Trust), Investment Management Agreement (Franklin Templeton Variable Insurance Products Trust)
Delegation of Services. The Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 1940, as amended ("“Sub-Advisers"”) to perform some or all of the services for the Fund for which it is responsible under this Agreement. The Adviser will compensate any Sub-Adviser for its services to the Fund. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the Fund's ’s shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser.
Appears in 2 contracts
Samples: Investment Management Agreement (Franklin Templeton Variable Insurance Products Trust), Investment Management Agreement (Franklin Templeton Variable Insurance Products Trust)
Delegation of Services. The Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("“Sub-Advisers"”) to perform some or all of the services for the Fund for which it is responsible under Section 2.A. of this Agreement. The Adviser will compensate any Sub-Adviser for its services to the Fund. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the Fund's ’s shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser.
Appears in 2 contracts
Samples: Investment Management Agreement (Franklin Mutual Series Funds), Investment Management Agreement (Franklin Templeton Trust)
Delegation of Services. The Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("“Sub-Advisers"”) to perform some or all of the services for the a Fund for which it is responsible under this Agreement. The Adviser will compensate any Sub-Adviser for its services to the Fund. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the a Fund's ’s shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser.
Appears in 2 contracts
Samples: Investment Management Agreement (Franklin Templeton Variable Insurance Products Trust), Investment Management Agreement (Franklin Templeton Variable Insurance Products Trust)
Delegation of Services. The Adviser may, at its expense, select ----------------------- and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("Sub-Advisers") to perform some or all of the services for the Fund for which it is responsible under this Agreement. The Adviser will compensate any Sub-Adviser for its services to the Fund. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the Fund's shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser.
Appears in 1 contract
Samples: Investment Advisory Agreement (Franklin Value Investors Trust)
Delegation of Services. The Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers 1940 Act of 1940 ("“Sub-Advisers"”) to perform some or all of the services for the Fund Trust for which it is responsible under this Agreement. The Adviser will compensate any Sub-Adviser for its services to the FundTrust. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the Fund's Trust’s shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser.
Appears in 1 contract
Samples: Investment Management Agreement (Franklin Federal Tax Free Income Fund)
Delegation of Services. The Adviser may, at its expense, ---------------------- select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("Sub-Advisers") to perform some or all of the services for the Fund for which it is responsible under this Agreement. The Adviser will compensate any Sub-Adviser for its services to the Fund. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the Fund's shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser.
Appears in 1 contract
Samples: Investment Advisory Agreement (Franklin Templeton Variable Insurance Products Trust)
Delegation of Services. The Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers 1940 Act of 1940 ("Sub-Advisers") to perform some or all of the services for the Fund Trust for which it is responsible under this Agreement. The Adviser will compensate any Sub-Adviser for its services to the FundTrust. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the FundTrust's shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser.
Appears in 1 contract
Samples: Investment Management Agreement (Franklin Federal Tax Free Income Fund)
Delegation of Services. The Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("“Sub-Advisers"”) to perform some or all of the services for the Fund Trust for which it is responsible under this Agreement. The Adviser will compensate any Sub-Adviser for its services to the FundTrust. The Adviser may terminate the services of any Sub-Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Adviser unless and until a successor Sub-Adviser is selected and the requisite approval of the Fund's Trust’s shareholders is obtained. The Adviser will continue to have responsibility for all advisory services furnished by any Sub-Adviser. 3.
Appears in 1 contract
Samples: Investment Management Agreement (Franklin California Tax Free Income Fund)