Common use of Duties of Investment Manager Clause in Contracts

Duties of Investment Manager. The Company employs the Investment Manager to manage the investment and reinvestment of the assets of the Company, and to continuously review, supervise and (where appropriate) administer the investment program of the Company, to determine in its discretion (where appropriate) the investments to be purchased or sold, to provide the Administrator and the Company with records concerning the Investment Manager's activities which the Company is required to maintain, and to render regular reports to the Administrator and to the Company's officers and Directors concerning the Investment Manager's discharge of the foregoing responsibilities. The retention of a sub-adviser by the Investment Manager shall not relieve the Investment Manager of its responsibilities under this Agreement. The Investment Manager shall discharge the foregoing responsibilities subject to the control of the Board of Directors of the Company and in compliance with such policies as the Directors may from time to time establish, and in compliance with the objectives, policies, and limitations of the Company as set forth in its Prospectus, Statement of Additional Information and Operating Agreement, as amended from time to time, and applicable laws and regulations. The Investment Manager accepts such employment and agrees, at its own expense, to render the services and to provide the office space, furnishings and equipment and the personnel (including any sub-advisers) required by it to perform the services on the terms and for the compensation provided herein. The Investment Manager will not, however, pay for the cost of securities, commodities, and other investments (including brokerage commissions and other transaction charges, if any) purchased or sold for the Company.

Duties of Investment Manager. The Company Trust employs the Investment Manager to manage the investment and reinvestment of the assets of the CompanyFund, and to continuously review, supervise and (where appropriate) administer the investment program of the CompanyPortfolios, to determine in its discretion (where appropriate) the investments to be purchased or sold, to provide the Administrator and the Company Trust with records concerning the Investment Manager's activities which the Company Trust is required to maintain, and to render regular reports to the Administrator and to the CompanyTrust's officers and Directors Trustees concerning the Investment Manager's discharge of the foregoing responsibilities. The retention of a sub-adviser by the Investment Manager shall not relieve the Investment Manager of its responsibilities under this Agreement. The Investment Manager shall discharge the foregoing responsibilities subject to the control of the Board of Directors Trustees of the Company Trust and in compliance with such policies as the Directors Trustees may from time to time establish, and in compliance with the objectives, policies, and limitations of the Company each Portfolio as set forth in its Prospectus, the Portfolio's Prospectus and Statement of Additional Information and Operating AgreementInformation, as amended from time to time, and applicable laws and regulations. The Investment Manager accepts such employment and agrees, at its own expense, to render the services and to provide the office space, furnishings and equipment and the personnel (including any sub-advisers) required by it to perform the services on the terms and for the compensation provided herein. The Investment Manager will not, however, pay for the cost of securities, commodities, and other investments (including brokerage commissions and other transaction charges, if any) purchased or sold for the CompanyFund.

Duties of Investment Manager. The Company employs the Investment Manager to manage the investment and reinvestment of the assets of the Company, and to continuously review, supervise and (where appropriate) administer the investment program of the Company, to determine in its discretion (where appropriate) the investments to be purchased or sold, to provide the Administrator and the Company with records concerning the Investment Manager's ’s activities which the Company is required to maintain, and to render regular reports to the - Administrator and to the Company's ’s officers and Directors concerning the Investment Manager's ’s discharge of the foregoing responsibilities. The retention of a sub-adviser by the Investment Manager shall not relieve the Investment Manager of its responsibilities under this Agreement. The Investment Manager shall discharge the foregoing responsibilities subject to the control of the Board of Directors of the Company and in compliance with such policies as the Directors may from time to time establish, and in compliance with the objectives, policies, and limitations of the Company as set forth in its Prospectus, Statement of Additional Information and Operating Agreement, as amended from time to time, and applicable laws and regulations. The Investment Manager accepts such employment and agrees, at its own expense, to render the services and to provide the office space, furnishings and equipment equipment. and the personnel (including any sub-advisers) required by it to perform the services on the terms and for the compensation provided herein. The Investment Manager will not, however, pay for the cost of securities, commodities, and other investments (including brokerage commissions and other transaction charges, if any) purchased or sold for the Company.

Duties of Investment Manager. The Company Trust employs the Investment Manager to manage the investment and reinvestment of the assets of the CompanyTrust, and to continuously review, supervise and (where appropriate) administer the investment program of the CompanyTrust, to determine in its discretion (where appropriate) the investments to be purchased or sold, to provide the Administrator and the Company Trust with records concerning the Investment Manager's activities which the Company Trust is required to maintain, and to render regular reports to the Administrator and to the CompanyTrust's officers and Directors Trustees concerning the Investment Manager's discharge of the foregoing responsibilities. The retention of a sub-adviser by the Investment Manager shall not relieve the Investment Manager of its responsibilities under this Agreement. The Investment Manager shall discharge the foregoing responsibilities subject to the control of the Board of Directors Trustees of the Company Trust and in compliance with such policies as the Directors Trustees may from time to time establish, and in compliance with the objectives, policies, and limitations of the Company Trust as set forth in its Prospectus, Prospectus and Statement of Additional Information and Operating AgreementInformation, as amended from time to time, and applicable laws and regulations. The Investment Manager accepts such employment and agrees, at its own expense, to render the services and to provide the office space, furnishings and equipment and the personnel (including any sub-advisers) required by it to perform the services on the terms and for the compensation provided herein. The Investment Manager will not, however, pay for the cost of securities, commodities, and other investments (including brokerage commissions and other transaction charges, if any) purchased or sold for the CompanyTrust.