Common use of Executing Portfolio Transactions Clause in Contracts

Executing Portfolio Transactions. The Sub-adviser will place orders pursuant to its investment determinations for the Fund either directly with the issuer or through other brokers. In the selection of brokers and the placement of orders for the purchase and sale of portfolio investments for the Fund, the Sub-adviser shall use its best efforts to obtain for the Fund the most favorable price and execution available. In using its best efforts to obtain the most favorable price and execution available, the Sub-adviser, bearing in mind the Fund's best interests as all times, shall consider all factors it deems relevant, including by way of illustration, price, the size of the transaction, the nature of the market for the security, the amount of the commission, the timing of the transaction taking into account market prices and trends, the reputation, experience and financial stability of the broker involved and the quality of service rendered by the broker in other transactions. In no instance will portfolio securities of the Fund be purchased from or sold to the Sub-adviser or any affiliated person of the Sub-adviser. The Trust agrees that any entity or person associated with the Adviser or the Sub-adviser which is a member of a national securities exchange is authorized to effect any transaction on such exchange for the account of the Trust which is permitted by Section 11(a) of the Securities Exchange Act of 1934, as amended, and the Trust consents to the retention of compensation for such transactions.

Executing Portfolio Transactions. The Sub-adviser Adviser will place portfolio transaction orders pursuant to its investment determinations for the Fund either directly with the issuer or through other brokers. In the selection of brokers and the placement of orders for the purchase and sale of portfolio investments for the Fund, the Sub-adviser Adviser shall use its best efforts to obtain for the Fund the most favorable price and execution available. In using its best efforts to obtain the most favorable price and execution available, the Sub-adviserAdviser, bearing in mind the Fund's ’s best interests as at all times, shall consider all factors it deems relevant, including by way of illustration, price, the size of the transaction, the nature of the market for the security, the amount of the commission, the timing of the transaction taking into account market prices and trends, the reputation, experience and financial stability of the broker involved and the quality of service rendered by the broker in other transactions. In no instance will portfolio securities of the Fund be purchased from or sold to the Sub-adviser Adviser or any affiliated person of the Sub-adviserAdviser. The Trust Fund agrees that any entity or person associated with the Adviser or the Sub-adviser Adviser which is a member of a national securities exchange is authorized to effect any transaction on such exchange for the account of the Trust Fund which is permitted by Section 11(a) of the Securities Exchange Act of 1934, as amended, and the Trust Fund consents to the retention of compensation for such transactions.

Executing Portfolio Transactions. The Sub-adviser will place orders pursuant to its investment determinations for each of the Fund Funds either directly with the issuer or through other brokers. In the selection of brokers and the placement of orders for the purchase and sale of portfolio investments for the Fund, the Sub-adviser shall use its best efforts to obtain for each of the Fund Funds the most favorable price and execution available. In using its best efforts to obtain the most favorable price and execution available, the Sub-adviser, bearing in mind the each such Fund's best interests as all times, shall consider all factors it deems relevant, including by way of illustration, price, the size of the transaction, the nature of the market for the security, the amount of the commission, the timing of the transaction taking into account market prices and trends, the reputation, experience and financial stability of the broker involved and the quality of service rendered by the broker in other transactions. In no instance will portfolio securities of the each such Fund be purchased from or sold to the Sub-adviser or any affiliated person of the Sub-adviser. The Trust agrees that any entity or person associated with the Adviser or the Sub-adviser which is a member of a national securities exchange is authorized to effect any transaction on such exchange for the account of the Trust which is permitted by Section 11(a) of the Securities Exchange Act of 1934, as amended, and the Trust consents to the retention of compensation for such transactions.

Executing Portfolio Transactions. The Sub-adviser Subadviser will place orders pursuant to its investment determinations for the Fund either directly with the issuer or through other brokers. In the selection of brokers and the placement of orders for the purchase and sale of portfolio investments for the Fund, the Sub-adviser Subadviser shall use its best efforts to obtain for the Fund the most favorable price and execution available. In using its best efforts to obtain the most favorable price and execution available, the Sub-adviserSubadviser, bearing in mind the Fund's best interests as all times, shall consider all factors it deems relevant, including by way of illustration, price, the size of the transaction, the nature of the market for the security, the amount of the commission, the timing of the transaction taking into account market prices and trends, the reputation, experience and financial stability of the broker involved and the quality of service rendered by the broker in other transactions. In no instance will portfolio securities of the Fund be purchased from or sold to the Sub-adviser Subadviser or any affiliated person of the Sub-adviserSubadviser. The Trust agrees that any entity or person associated with the Adviser Manager or the Sub-adviser Subadviser which is a member of a national securities exchange is authorized to effect any transaction on such exchange for the account of the Trust which is permitted by Section 11(a) of the Securities Exchange Act of 1934, as amended, and the Trust consents to the retention of compensation for such transactions.