Common use of Duties of the Manager Clause in Contracts

Duties of the Manager. The Trust hereby employs the Manager to act as a manager and investment adviser of each Series and to furnish, or arrange for affiliates to furnish, the management and investment advisory services described below, subject to the policies of, review by and overall control of the Trustees, for the period and on the terms and conditions set forth in this Agreement. The Manager hereby accepts such employment and agrees during such period, at its own expense, to render, or arrange for the rendering of, such services and to assume the obligations herein set forth for the compensation provided for herein. The Manager and its affiliates shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust or any Series in any way or otherwise be deemed agents of the Trust or any Series.

Duties of the Manager. The Trust hereby employs the Manager to act as a manager and investment adviser of each Series the Trust and to furnish, or arrange for affiliates to furnish, the management and investment advisory services described below, subject to the policies of, review by and overall control of the TrusteesTrustees of the Trust, for the period and on the terms and conditions set forth in this Agreement. The Manager hereby accepts such employment and agrees during such period, at its own expense, to render, or arrange for the rendering of, such services and to assume the obligations herein set forth for the compensation provided for herein. The Manager and its affiliates shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust or any Series in any way or otherwise be deemed agents of the Trust or any SeriesTrust.

Duties of the Manager. The Trust hereby employs the Manager to act as a manager and investment adviser of each Series to the Fund and to furnish, or arrange for affiliates to furnish, the management and investment advisory services described below, subject to the policies of, review by and overall control of the TrusteesBoard of Trustees of the Trust, for the period and on the terms and conditions set forth in this Agreement. The Manager hereby accepts such employment and agrees during such period, at its own expense, to render, or arrange for the rendering of, such services and to assume the obligations herein set forth for the compensation provided for herein. The Manager and its affiliates shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust or any Series the Fund in any way or otherwise be deemed agents of the Trust or any Seriesthe Fund.

Duties of the Manager. The Trust hereby employs the Manager to act as a the manager and investment adviser of each Series the Money Market Fund and to furnish, or arrange for affiliates to furnish, the management and investment advisory services described below, subject to the policies of, review by and overall control supervision of the TrusteesTrustees of the Trust, for the period and on the terms and conditions set forth in this Agreement. The Manager hereby accepts such employment and agrees during such period, at its own expense, to render, or arrange for the rendering of, such services and to assume the obligations herein set forth for the compensation provided for herein. The Manager and its affiliates shall for all purposes herein be deemed to be an independent contractors contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust or any Series the Money Market Fund in any way or otherwise be deemed agents an agent of the Trust or any Seriesthe Money Market Fund.

Duties of the Manager. The Trust hereby employs the Manager to act as a manager and investment adviser of each Series the Trust and to furnish, or arrange for affiliates to furnish, the management and investment advisory services described below, subject to the policies of, review by and overall control of the Trustees, for the period and on the terms and conditions set forth in this Agreement. The Manager hereby accepts such employment and agrees during such period, at its own expense, to render, or arrange for the rendering of, such services and to assume the obligations herein set forth for the compensation provided for herein. The Manager and its affiliates shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust or any Series in any way or otherwise be deemed agents of the Trust or any SeriesTrust.

Duties of the Manager. The Trust hereby employs the Manager to act as a an investment manager and investment adviser of each Series of-the Fund and to furnish, furnish or arrange for affiliates to furnish, the management and investment advisory services described below, subject to the policies of, review by and overall control of the Trustees, for the period and on the terms and conditions set forth in this Agreement. The Manager hereby accepts such employment and agrees during such period, at its own expense, to render, or arrange for the rendering of, such services and to assume the obligations herein set forth for the compensation provided for herein. The Manager and its affiliates shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust or any Series the Fund in any way or otherwise be deemed agents of the Trust or any Seriesthe Fund.

Duties of the Manager. The Trust hereby employs the Manager to act as a an investment manager and investment adviser of each Series the Fund and to furnish, or arrange for affiliates to furnish, the management and investment advisory services described below, subject to the policies of, review by and overall control of the Trustees, for the period and on the terms and conditions set forth in this Agreement. The Manager hereby accepts such employment and agrees during such period, at its own expense, to render, or arrange for the rendering of, such services and to assume the obligations herein set forth for the compensation provided for herein. The Manager and its affiliates shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust or any Series the Fund in any way or otherwise be deemed agents of the Trust or any Seriesthe Fund.

Duties of the Manager. The Trust hereby employs the Manager to act as a an investment manager and investment adviser of each Series the Fund and to furnish, or arrange for affiliates to furnish, the management and investment advisory services described below, subject to the policies of, review by and overall control of the Trustees, for the period and on the terms and conditions set forth in this Agreement. The Manager hereby accepts such employment and agrees during such period, at its own expense, to render, ,. or arrange for the rendering of, such services and to assume the obligations herein set forth for the compensation provided for herein. The Manager and its affiliates shall for all purposes herein be deemed to be an independent contractors contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust or any Series in any way or otherwise be deemed agents of the Trust or any Series.or

Duties of the Manager. The Trust hereby employs the Manager to act as a an investment manager and investment adviser of each Series the Fund and to furnish, or arrange for affiliates to furnish, the management and investment advisory services described below, subject to the policies of, review by and overall control of the Trustees, for the period and on the terms and conditions set forth in this Agreement. The Manager hereby accepts such employment and agrees during such period, at its own expense, to render, or arrange for the rendering of, such services and to assume the obligations herein set forth for the compensation provided for herein. The Manager and its affiliates shall for all purposes herein be deemed to be an independent contractors contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust or any Series in any way or otherwise be deemed agents of the Trust or any Series.the

Duties of the Manager. The Trust hereby employs the Manager to act as a manager and investment adviser of each Series and to furnish, or arrange for affiliates to furnish, the management and investment advisory services described below, subject to the policies of, review by and overall control of the Trustees, for the period and on the terms and conditions set forth in this Agreement. The Manager hereby accepts such employment and agrees during such period, at its own expense, to render, or arrange for the rendering of, such services and to assume the obligations herein set forth for the compensation provided for herein. The Manager and its affiliates shall for all purposes herein be he deemed to be independent contractors and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust or any Series in any way or otherwise be deemed agents of the Trust or any Series.