Common use of EMPLOYEES OF THE ADVISER Clause in Contracts

EMPLOYEES OF THE ADVISER. The Adviser shall authorize and permit any of its directors, officers and employees who may be elected as Trustees or officers of the Fund to serve in the capacities in which they are elected.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Legacy Funds Inc), Investment Advisory Agreement (Legacy Funds Inc)

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EMPLOYEES OF THE ADVISER. The Adviser shall authorize and permit any of its directors, officers and employees who may be elected as Trustees Directors or officers of the Fund to serve in the capacities in which they are elected.

Appears in 2 contracts

Samples: Investment Advisory Agreement (MSB Fund Inc), Investment Advisory Agreement (Institutional Investors Capital Appreciation Fund Inc)

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