Common use of Duties of the Investment Manager Clause in Contracts

Duties of the Investment Manager. Investment Manager, at its own expense and without reimbursement from the Funds, furnishes office space and all necessary office facilities, equipment and executive personnel necessary for managing the assets of the Funds. The Investment Manager will continue to pay existing providers of fund services, as currently required, at its own expense. These providers may include certain financial institutions (which may include banks, brokers, securities dealers and other industry professionals) that charge a fee for providing distribution related services and/or for performing certain administrative servicing functions for Fund shareholders to the extent these institutions are allowed to do so by applicable statute, rule, or regulation. The Investment Manager will assume all fund operating expenses other than the management fee. The Investment Manager will pay all expenses related to management and administrative support for the Funds, including those third party providers of services to the Funds currently under contract as approved by the Board of Directors. The Investment Manager will also pay certain financial institutions (which may include banks, brokers, securities dealers and other industry professionals) that charge a fee for providing distribution related services and/or for performing certain administrative servicing functions for Fund shareholders to the extent these institutions are allowed to do so by applicable statute, rule, or regulation. The Investment Manager will provide a report detailing the fees assessed to the Funds and all expenses paid by Xxxxxx Capital Advisors, LLC on behalf of the funds to the Board of Directors at regular Board meetings, or any other time requested by the Board. The duties of the Investment Manager under this Amendment shall continue only as long as the Unified Fee Schedule remains in effect.

Duties of the Investment Manager. Investment Manager, at its own expense and without reimbursement from the Funds, furnishes office space and all necessary office facilities, equipment and executive personnel necessary for managing the assets of the Funds. The Investment Manager will continue to pay existing providers of fund services, as currently required, at its own expense. These providers may include certain financial institutions (which may include banks, brokers, securities dealers and other industry professionals) that charge a fee for providing distribution related services and/or for performing certain administrative servicing functions for Fund shareholders to the extent these institutions are allowed to do so by applicable statute, rule, or regulation. The Investment Manager will assume all fund operating expenses other than the management fee. The Investment Manager will pay all expenses related to management and administrative support for the Funds, including those third party providers of services to the Funds currently under contract as approved by the Board of Directors. The Investment Manager will also pay certain financial institutions (which may include banks, brokers, securities dealers and other industry professionals) that charge a fee for providing distribution related services and/or for performing certain administrative servicing functions for Fund shareholders to the extent these institutions are allowed to do so by applicable statute, rule, or regulation. The Investment Manager will provide a report detailing the fees assessed to the Funds and all expenses paid by Xxxxxx Capital AdvisorsSmithbridge Asset Management, LLC Inc. on behalf of the funds to the Board of Directors at regular Board meetings, or any other time requested by the Board. The duties of the Investment Manager under this Amendment shall continue only as long as the Unified Fee Schedule remains in effect.

Duties of the Investment Manager. Investment Manager, at its own expense and without reimbursement from the Funds, furnishes office space and all necessary office facilities, equipment and executive personnel necessary for managing the assets of the Funds. The Investment Manager will continue to pay existing providers of fund services, as currently required, at its own expense. These providers may include certain financial institutions (which may include banks, brokers, securities dealers and other industry professionals) that charge a fee for providing distribution related services and/or for performing certain administrative servicing functions for Fund shareholders to the extent these institutions are allowed to do so by applicable statute, rule, or regulation. The Investment Manager will assume all fund operating expenses other than the management fee. The Investment Manager will pay all expenses related to management and administrative support for the Funds, including those third party providers of services to the Funds currently under contract as approved by the Board of Directors. The Investment Manager will also pay certain financial institutions (which may include banks, brokers, securities dealers and other industry professionals) that charge a fee for providing distribution related services and/or for performing certain administrative servicing functions for Fund shareholders to the extent these institutions are allowed to do so by applicable statute, rule, or regulation. The Investment Manager will provide a report detailing the fees assessed to the Funds and all expenses paid by Xxxxxx Capital AdvisorsSmithbridge Asset Management, LLC on Inc.on behalf of the funds to the Board of Directors at regular Board meetings, or any other time requested by the Board. The duties of the Investment Manager under this Amendment shall continue only as long as the Unified Fee Schedule remains in effect.