Common use of Delegation Clause in Contracts

Delegation. (a) The Administrator, upon prior notice to the Trust and in compliance with applicable law, may delegate any of the Services, or adjust any prior delegation, to any other person or persons that the Administrator controls, is controlled by, or is under common control with, or to specified employees of any such persons, to the extent permitted by applicable law. (b) Subject to prior approval of a majority of the members of a Fund’s Board of Trustees, including a majority of the Trustees who are not “interested persons,” and, to the extent required by applicable law, by the shareholders of a Fund, the Administrator, upon prior consent of the Trust and in compliance with applicable law, may delegate or outsource any of the Services, or adjust any prior delegation or outsourcing, to any other person or persons unaffiliated with the Administrator or to specified employees of any such persons, to the extent permitted by applicable law. (c) Notwithstanding any delegation under clauses (a) or (b) of this Section 4, the Administrator will continue to supervise the Services provided by such persons or employees and any delegation will not relieve the Administrator of any of its obligations under this Agreement.

Delegation. (a) The Administrator, upon prior notice to the Trust and in compliance with applicable law, may delegate any of the Services, or adjust any prior delegation, to any other person Person or persons Persons that the Administrator controls, is controlled by, or is under common control with, or to specified employees of any such personsPersons, to the extent permitted by applicable law. (b) Subject to prior approval of a majority of the members of a Fund’s Board of Trustees, including a majority of the Trustees who are not “interested persons,” and, to the extent required by applicable law, by the shareholders of a Fund, the Administrator, upon prior consent of the Trust and in compliance with applicable law, may delegate or outsource any of the Services, or adjust any prior delegation or outsourcing, to any other person Person or persons Persons unaffiliated with the Administrator or to specified employees of any such personsPersons, to the extent permitted by applicable law. (c) Notwithstanding any delegation under clauses (a) or (b) of this Section 4, the Administrator will continue to supervise the Services provided by such persons Persons or employees and any delegation will not relieve the Administrator of any of its obligations under this Agreement.

Delegation. (a) The Administrator, upon prior notice to the Trust Corporation and in compliance with applicable law, may delegate any of the Services, or adjust any prior delegation, to any other person or persons that the Administrator controls, is controlled by, or is under common control with, or to specified employees of any such persons, to the extent permitted by applicable law. (b) Subject to prior approval of a majority of the members of a Fund’s Board of TrusteesDirectors, including a majority of the Trustees Directors who are not “interested persons,” and, to the extent required by applicable law, by the shareholders of a Fund, the Administrator, upon prior consent of the Trust Corporation and in compliance with applicable law, may delegate or outsource any of the Services, or adjust any prior delegation or outsourcing, to any other person or persons unaffiliated with the Administrator or to specified employees of any such persons, to the extent permitted by applicable law. (c) Notwithstanding any delegation under clauses (a) or (b) of this Section 4, the Administrator will continue to supervise the Services provided by such persons or employees and any delegation will not relieve the Administrator of any of its obligations under this Agreement.

Delegation. (a) The Administrator, upon prior notice to the Trust and in compliance with applicable law, may delegate any of the Services, or adjust any prior delegation, to any other person Person or persons Persons that the Administrator controls, is controlled by, or is under common control with, or to specified employees of any such personsPersons, to the extent permitted by applicable law. (b) Subject to prior approval of a majority of the members of a Fundthe Trust’s Board of Trustees, including a majority of the Trustees who are not “interested persons,” and, to the extent required by applicable law, by the shareholders of a Fundthe Trust, the Administrator, upon prior consent of the Trust and in compliance with applicable law, may delegate or outsource any of the Services, or adjust any prior delegation or outsourcing, to any other person Person or persons Persons unaffiliated with the Administrator or to specified employees of any such personsPersons, to the extent permitted by applicable law. (c) Notwithstanding any delegation under clauses (a) or (b) of this Section 4, the Administrator will continue to supervise the Services provided by such persons Persons or employees and any delegation will not relieve the Administrator of any of its obligations under this Agreement.

Delegation. (a) The Administrator, upon prior notice to the Trust Corporation and in compliance with applicable law, may delegate any of the Services, or adjust any prior delegation, to any other person Person or persons Persons that the Administrator controls, is controlled by, or is under common control with, or to specified employees of any such personsPersons, to the extent permitted by applicable law. (b) Subject to prior approval of a majority of the members of a Fund’s Board of TrusteesDirectors, including a majority of the Trustees Directors who are not “interested persons,” and, to the extent required by applicable law, by the shareholders of a Fund, the Administrator, upon prior consent of the Trust Corporation and in compliance with applicable law, may delegate or outsource any of the Services, or adjust any prior delegation or outsourcing, to any other person Person or persons Persons unaffiliated with the Administrator or to specified employees of any such personsPersons, to the extent permitted by applicable law. (c) Notwithstanding any delegation under clauses (a) or (b) of this Section 4, the Administrator will continue to supervise the Services provided by such persons Persons or employees and any delegation will not relieve the Administrator of any of its obligations under this Agreement.

Delegation. (a) The Administrator, upon prior notice to the Trust Corporation and in compliance with applicable law, may delegate any of the Services, or adjust any prior delegation, to any other person Person or persons Persons that the Administrator controls, is controlled by, or is under common control with, or to specified employees of any such personsPersons, to the extent permitted by applicable law. (b) Subject to prior approval of a majority of the members of a Fundthe Corporation’s Board of TrusteesDirectors, including a majority of the Trustees Directors who are not “interested persons,” and, to the extent required by applicable law, by the shareholders of a Fundthe Corporation, the Administrator, upon prior consent of the Trust Corporation and in compliance with applicable law, may delegate or outsource any of the Services, or adjust any prior delegation or outsourcing, to any other person Person or persons Persons unaffiliated with the Administrator or to specified employees of any such personsPersons, to the extent permitted by applicable law. (c) Notwithstanding any delegation under clauses (a) or (b) of this Section 4, the Administrator will continue to supervise the Services provided by such persons Persons or employees and any delegation will not relieve the Administrator of any of its obligations under this Agreement.

Delegation. (a) The Administrator, upon prior notice to the Trust and in compliance with applicable law, may delegate any of the Services, or adjust any prior delegation, to any other person or persons that the Administrator controls, is controlled by, or is under common control with, or to specified employees of any such persons, to the extent permitted by applicable law. (b) Subject to prior approval of a majority of the members of a Fund’s Board of Trusteesthe Board, including a majority of the Trustees who are not “interested persons,” and, to the extent required by applicable law, by the shareholders of a Fund, the Administrator, upon prior consent of the Trust and in compliance with applicable law, may delegate or outsource any of the Services, or adjust any prior delegation or outsourcing, to any other person or persons unaffiliated with the Administrator or to specified employees of any such persons, to the extent permitted by applicable law. (c) Notwithstanding any delegation under clauses (a) or (b) of this Section 4, the Administrator will continue to supervise the Services provided by such persons or employees and any delegation will not relieve the Administrator of any of its obligations under this Agreement.

Delegation. (a) The Administrator, upon prior notice to the Trust and in compliance with applicable law, may delegate any of the Services, or adjust any prior delegation, to any other person or persons that the Administrator controls, is controlled by, or is under common control with, or to specified employees of any such persons, to the extent permitted by applicable law. (b) Subject to prior approval of a majority of the members of a Fundthe Trust’s Board of TrusteesTrustees (the “Board”), including a majority of the Trustees who are not “interested persons,” and, to the extent required by applicable law, by the shareholders of a Fund, the Administrator, upon prior consent of the Trust and in compliance with applicable law, may delegate or outsource any of the Services, or adjust any prior delegation or outsourcing, to any other person or persons unaffiliated with the Administrator or to specified employees of any such persons, to the extent permitted by applicable law. (c) Notwithstanding any delegation under clauses (a) or (b) of this Section 4, the Administrator will continue to supervise the Services provided by such persons or employees and any delegation will not relieve the Administrator of any of its obligations under this Agreement.

Delegation. (a) The Administrator, upon prior notice to the Trust Corporation and in compliance with applicable law, may delegate any of the Services, or adjust any prior delegation, to any other person or persons that the Administrator controls, is controlled by, or is under common control with, or to specified employees of any such persons, to the extent permitted by applicable law. (b) Subject to prior approval of a majority of the members of a Fundthe Corporation’s Board of TrusteesDirectors, including a majority of the Trustees Directors who are not “interested persons,” and, to the extent required by applicable law, by the shareholders of a the Fund, the Administrator, upon prior consent of the Trust Corporation and in compliance with applicable law, may delegate or outsource any of the Services, or adjust any prior delegation or outsourcing, to any other person or persons unaffiliated with the Administrator or to specified employees of any such persons, to the extent permitted by applicable law. (c) Notwithstanding any delegation under clauses (a) or (b) of this Section 4, the Administrator will continue to supervise the Services provided by such persons or employees and any delegation will not relieve the Administrator of any of its obligations under this Agreement.

Delegation. (a) The Administrator, upon prior notice to the Trust and in compliance with applicable law, may delegate any of the Services, or adjust any prior delegation, to any other person or persons that the Administrator controls, is controlled by, or is under common control with, or to specified employees of any such persons, to the extent permitted by applicable law. (b) Subject to prior approval of a majority of the members of a Fundthe Trust’s Board of Trustees, including a majority of the Trustees who are not “interested persons,” and, to the extent required by applicable law, by the shareholders of a Fundthe Trust, the Administrator, upon prior consent of the Trust and in compliance with applicable law, may delegate or outsource any of the Services, or adjust any prior delegation or outsourcing, to any other person or persons unaffiliated with the Administrator or to specified employees of any such persons, to the extent permitted by applicable law. (c) Notwithstanding any delegation under clauses (a) or (b) of this Section 4, the Administrator will continue to supervise the Services provided by such persons or employees and any delegation will not relieve the Administrator of any of its obligations under this Agreement.

Delegation. (a) The Administrator, upon prior notice to the Trust Corporation and in compliance with applicable law, may delegate any of the Services, or adjust any prior delegation, to any other person Person or persons Persons that the Administrator controls, is controlled by, or is under common control with, or to specified employees of any such personsPersons, to the extent permitted by applicable law. (b) Subject to prior approval of a majority of the members of a FundCorporation’s Board of TrusteesDirectors, including a majority of the Trustees Directors who are not “interested persons,” and, to the extent required by applicable law, by the shareholders of a FundCorporation, the Administrator, upon prior consent of the Trust Corporation and in compliance with applicable law, may delegate or outsource any of the Services, or adjust any prior delegation or outsourcing, to any other person Person or persons Persons unaffiliated with the Administrator or to specified employees of any such personsPersons, to the extent permitted by applicable law. (c) Notwithstanding any delegation under clauses (a) or (b) of this Section 4, the Administrator will continue to supervise the Services provided by such persons Persons or employees and any delegation will not relieve the Administrator of any of its obligations under this Agreement.

Delegation. (a) The Administrator, upon prior notice to the Trust Corporation and in compliance with applicable law, may delegate any of the Services, or adjust any prior delegation, to any other person Person or persons Persons that the Administrator controls, is controlled by, or is under common control with, or to specified employees of any such personsPersons, to the extent permitted by applicable law. (b) Subject to prior approval of a majority of the members of a the Fund’s Board of TrusteesDirectors, including a majority of the Trustees Directors who are not “interested persons,” and, to the extent required by applicable law, by the shareholders of a Fund, the Administrator, upon prior consent of the Trust Corporation and in compliance with applicable law, may delegate or outsource any of the Services, or adjust any prior delegation or outsourcing, to any other person Person or persons Persons unaffiliated with the Administrator or to specified employees of any such personsPersons, to the extent permitted by applicable law. (c) Notwithstanding any delegation under clauses (a) or (b) of this Section 4, the Administrator will continue to supervise the Services provided by such persons Persons or employees and any delegation will not relieve the Administrator of any of its obligations under this Agreement.

Delegation. (a) The Administrator, upon prior notice to the Trust and in compliance with applicable law, may delegate any of the Services, or adjust any prior delegation, to any other person or persons that the Administrator controls, is controlled by, or is under common control with, or to specified employees of any such persons, to the extent permitted by applicable law. (b) Subject to prior approval of a majority of the members of a Fund’s 's Board of Trustees, including a majority of the Trustees who are not “"interested persons,” " and, to the extent required by applicable law, by the shareholders of a Fund, the Administrator, upon prior consent of the Trust and in compliance with applicable law, may delegate or outsource any of the Services, or adjust any prior delegation or outsourcing, to any other person or persons unaffiliated with the Administrator or to specified employees of any such persons, to the extent permitted by applicable law. (c) Notwithstanding any delegation under clauses (a) or (b) of this Section 4, the Administrator will continue to supervise the Services provided by such persons or employees and any delegation will not relieve the Administrator of any of its obligations under this Agreement.

Delegation. (a) The Administrator, upon prior notice to the Trust Company and in compliance with applicable law, may delegate any of the Servicesservices set forth in this Agreement, or adjust any prior delegation, to any other person or persons that the Administrator controls, is controlled by, or is under common control with, or to specified employees of any such persons, to the extent permitted by applicable law. (b) Subject to prior approval of a majority of the members of a Fundthe Company’s Board of TrusteesDirectors, including a majority of the Trustees Directors who are not “interested persons,” ”, and, to the extent required by applicable law, by the shareholders of a Fund, the Administrator, upon prior consent of the Trust Company and in compliance with applicable law, may delegate or outsource any of the Servicesservices set forth in this Agreement, or adjust any prior delegation or outsourcing, to any other person or persons unaffiliated with the Administrator or to specified employees of any such persons, to the extent permitted by applicable law. (c) Notwithstanding any delegation under clauses (a) or (b) of this Section 46, the Administrator will continue to supervise the Services services set forth in this Agreement provided by such persons or employees and any delegation will not relieve the Administrator of any of its obligations under this Agreement.