ERISA Accounts. If Client or the Assets are considered a “plan” or an “employee benefit plan” as such terms as defined in ERISA, Sub-Adviser acknowledges that, in acting as discretionary sub-adviser to the Assets, it is a fiduciary (as defined in Section 3938 of ERISA) with respect to the Assets.
Appears in 20 contracts
Samples: Sub Advisory Agreement (RBB Fund, Inc.), Sub Advisory Agreement (RBB Fund, Inc.), Sub Advisory Agreement (RBB Fund, Inc.)
