Common use of Initial Portfolios Clause in Contracts

Initial Portfolios. The Series hereby appoints JHMLICO and JHMLICO hereby accepts the appointment, to act as investment adviser and manager to each of the Initial Portfolios for the period and on the terms herein set forth, for the compensation herein provided.

Initial Portfolios. The Series hereby appoints JHMLICO and JHMLICO ------------------ hereby accepts the appointment, to act as investment adviser and manager to each of the Initial Portfolios for the period and on the terms herein set forth, for the compensation herein provided.

Initial Portfolios. The Series hereby appoints JHMLICO JHLICO and JHMLICO JHLICO hereby ------------------ accepts the appointment, to act as investment adviser and manager to each of the Initial Portfolios for the period and on the terms herein set forth, for the compensation herein provided.