Common use of Delegation of Services Clause in Contracts

Delegation of Services. Subject to the requisite approval of Fund's shareholders the Advisor may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("Sub-Advisors") to perform some or all of the services for the Fund for which it is responsible under this Agreement. The Advisor will compensate any Sub-Advisor for its services to the Fund. The Advisor may terminate the services of any Sub-Advisor at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Advisor unless and until a successor Sub-Advisor is selected and the requisite approval of the Fund's shareholders is obtained. The Advisor will continue to have responsibility for all advisory services furnished by any Sub-Advisor.

Delegation of Services. Subject to the requisite approval of a Fund's shareholders ’s shareholders, the Advisor Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("“Sub-Advisors"Advisers”) to perform some or all of the services for the Fund for which it is responsible under this Agreement. The Advisor Adviser will compensate any Sub-Advisor Adviser for its services to the Fund. The Advisor Adviser may terminate the services of any Sub-Advisor Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Advisor Adviser unless and until a successor Sub-Advisor Adviser is selected and the requisite approval of the Fund's ’s shareholders is obtained. The Advisor Adviser will continue to have responsibility for all advisory services furnished by any Sub-AdvisorAdviser.

Delegation of Services. Subject to the requisite approval of a Fund's shareholders shareholders, the Advisor Adviser may, at its expense, select and contract with one or more investment advisers registered under the Investment Advisers Act of 1940 ("Sub-AdvisorsAdvisers") to perform some or all of the services for the Fund for which it is responsible under this Agreement. The Advisor Adviser will compensate any Sub-Advisor Adviser for its services to the Fund. The Advisor Adviser may terminate the services of any Sub-Advisor Adviser at any time in its sole discretion, and shall at such time assume the responsibilities of such Sub-Advisor Adviser unless and until a successor Sub-Advisor Adviser is selected and the requisite approval of the Fund's shareholders is obtained. The Advisor Adviser will continue to have responsibility for all advisory services furnished by any Sub-AdvisorAdviser.