Delegation of Services. The Adviser may, at its expense, delegate to one or more entities some or all of the services for a Fund for which the Adviser is responsible under Section 2.H. of this Agreement. The Adviser will be responsible for the compensation, if any, of any such entities for such services to a Fund, unless otherwise agreed to by the parties. Notwithstanding any delegation pursuant to this paragraph, the Adviser will continue to have responsibility and liability for all such services provided to a Fund under this Agreement and will supervise each delegate in its performance of its duties for the Fund with a view to preventing violations of the federal securities laws.
Appears in 3 contracts
Samples: Asset Allocation Agreement (Franklin Templeton Fund Allocator Series), Franklin Templeton Fund Allocator (Franklin Templeton Fund Allocator Series), Asset Allocation Agreement (Franklin Templeton Fund Allocator Series)
Delegation of Services. The Adviser may, at its expense, delegate to one or more entities some or all of the services for a the Fund for which the Adviser is responsible under Section 2.H. of this Agreement. The Adviser will be responsible for the compensation, if any, of any such entities for such services to a the Fund, unless otherwise agreed to by the parties. Notwithstanding any delegation pursuant to this paragraph, the Adviser will continue to have responsibility and liability for all such services provided to a the Fund under this Agreement and will supervise each delegate in its performance of its duties for the Fund with a view to preventing violations of the federal securities laws.
Appears in 2 contracts
Samples: Investment Management and Asset Allocation Agreement (Franklin Fund Allocator Series), Franklin Fund Allocator Series (Franklin Fund Allocator Series)
Delegation of Services. The Adviser may, at its expense, delegate to one or more entities some or all of the services for a the Fund for which the Adviser is responsible under Section 2.H. 2.C. of this Agreement. The Adviser will be responsible for the compensation, if any, of any such entities for such services to a the Fund, unless otherwise agreed to by the parties. Notwithstanding any delegation pursuant to this paragraph, the Adviser will continue to have responsibility and liability for all such services provided to a the Fund under this Agreement and will supervise each delegate in its performance of its duties for the Fund with a view to preventing violations of the federal securities laws.
Appears in 2 contracts
Samples: Investment Management Agreement (Franklin Floating Rate Master Trust), Investment Management Agreement (Franklin Floating Rate Master Trust)
Delegation of Services. The Adviser may, at its expense, also delegate to one or more entities some or all of the services for a the Fund for which the Adviser is responsible under Section 2.H. 2.C. of this Agreement. The Adviser will be responsible for the compensation, if any, of any such entities for such services to a the Fund, unless otherwise agreed to by the parties. Notwithstanding any delegation pursuant to this paragraph, the Adviser will continue to have responsibility and liability for all such services provided to a the Fund under this Agreement and will supervise each delegate in its performance of its duties for the Fund with a view to preventing violations of the federal securities laws.
Appears in 1 contract
Samples: Investment Management Agreement (Franklin Strategic Series)