Common use of Duties of the Subadviser Clause in Contracts

Duties of the Subadviser. Subject to the direction and control of the Adviser and the Board of Trustees of the Trust, the Subadviser shall: (a) prepare (or otherwise obtain) and evaluate on both a macroeconomic and microeconomic level any pertinent research; statistical, financial and economic data; and other information necessary or appropriate for the performance of its duties under this Agreement; (b) formulate and continuously review, supervise, and administer an investment program for each Series; (c) determine the securities to be purchased by each Series, and continuously monitor such securities and the issuers thereof to determine whether and when to sell, exchange, or take any other action concerning such securities; (d) determine whether and how to exercise warrants, voting rights, or other rights with respect to the Series' securities; (e) provide valuations with respect to the securities held by each Series; (f) render regular reports to the Trust's officers and the Board of Trustees concerning the investment performance of the Trust, the Subadviser's discharge of its responsibilities under this Agreement, and any other subject as the Trust's officers or Board of Trustees reasonably may request; and (g) assist the Adviser and the Trust's officers in connection with the operation of the Trust and perform any further acts that may be necessary to effectuate the purposes of this Agreement.

Duties of the Subadviser. Subject to the direction and control of the Adviser and the Board of Trustees of the Trust, the Subadviser shall: (a) prepare (or otherwise obtain) and evaluate on both a macroeconomic and microeconomic level any pertinent research; statistical, financial and economic data; and other information necessary or appropriate for the performance of its duties under this Agreement; (b) formulate and continuously review, supervise, and administer an investment program for each Series; (c) determine the securities to be purchased by each Series, and continuously monitor such securities and the issuers thereof to determine whether and when to sell, exchange, or take any other action concerning such securities; (d) determine whether and how to exercise warrants, voting rights, or other rights with respect to the Series' securities; (e) provide valuations with respect to the securities held by each SeriesSeries [if so requested by the Trustees of the Trust]; (f) render regular reports to the Trust's officers and the Board of Trustees concerning the investment performance of the Trust, the Subadvisersubadviser's discharge of its responsibilities under this Agreement, and any other subject as the Trust's officers or Board of Trustees reasonably may request; and (g) assist the Adviser and the Trust's officers in connection with the operation of the Trust and perform any further acts that may be necessary to effectuate the purposes of this Agreement.

Duties of the Subadviser. Subject to the direction and control of the Adviser and the Board of Trustees of the Trust, the Subadviser shall: (a) prepare (or otherwise obtain) and evaluate on both a macroeconomic and microeconomic level any pertinent research; statistical, financial and economic data; and other information necessary or appropriate for the performance of its duties under this Agreement; (b) formulate and continuously review, supervise, and administer an investment program for each Series; (c) determine the securities to be purchased by each Series, and continuously monitor such securities and the issuers thereof to determine whether and when to sell, exchange, or take any other action concerning such securities; (d) determine whether and how to exercise warrants, voting rights, or other rights with respect to the Series' securities; (e) provide valuations with respect to the securities held by each SeriesSeries if so requested by the Trustees of the Trust; (f) render regular reports to the Trust's officers and the Board of Trustees concerning the investment performance of the Trust, the Subadviser's discharge of its responsibilities under this Agreement, and any other subject as the Trust's officers or Board of Trustees reasonably may request; and (g) assist the Adviser and the Trust's officers in connection with the operation of the Trust and perform any further acts that may be necessary to effectuate the purposes of this Agreement.

Duties of the Subadviser. Subject to the direction and control of the Adviser and the Board of Trustees of the Trust, the Subadviser shall: (a) prepare (or otherwise obtain) and evaluate on both a macroeconomic and microeconomic level any pertinent research; statistical, financial and economic data; and other information necessary or appropriate for the performance of its duties under this Agreement; (b) formulate and continuously review, supervise, and administer an investment program for each Series; (c) determine the securities to be purchased by each the Series, and continuously monitor such securities and the issuers thereof to determine whether and when to sell, exchange, or take any other action concerning such securities; (d) determine whether and how to exercise warrants, voting rights, or other rights with respect to the Series' securities; (e) provide valuations with respect to the securities held by each Seriesthe Series if so requested by the Trustees of the Trust; (f) render regular reports to the Trust's officers and the Board of Trustees concerning the investment performance of the Trust, the Subadviser-11- Adviser's discharge of its responsibilities under this Agreement, and any other subject as the Trust's officers or Board of Trustees reasonably may request; and (g) assist the Adviser and the Trust's officers in connection with the operation of the Trust and perform any further acts that may be necessary to effectuate the purposes of this Agreement.

Duties of the Subadviser. Subject to the direction and control of the Adviser and the Board of Trustees of the Trust, the Subadviser shall: (a) prepare (or otherwise obtain) and evaluate on both a macroeconomic and microeconomic level any pertinent research; statistical, financial and economic data; and other information necessary or appropriate for the performance of its duties under this Agreement; (b) formulate and continuously review, supervise, and administer an investment program for each Series; ; (c) determine the securities to be purchased by each Series, and continuously monitor such securities and the issuers thereof to determine whether and when to sell, exchange, or take any other action concerning such securities; (d) determine whether and how to exercise warrants, voting rights, or other rights with respect to the Series' securities; (e) provide valuations with respect to the securities held by each SeriesSeries if so requested by the Trustees of the Trust; (f) render regular reports to the Trust's officers and the Board of Trustees concerning the investment performance of the Trust, the Subadviser's discharge of its responsibilities under this Agreement, and any other subject as the Trust's officers or Board of Trustees reasonably may request; and (g) assist the Adviser and the Trust's officers in connection with the operation of the Trust and perform any further acts that may be necessary to effectuate the purposes of this Agreement.