Common use of Investment Advice and Portfolio Management Clause in Contracts

Investment Advice and Portfolio Management. The Advisor shall manage the investment and reinvestment of the Series' assets in accordance with the investment objectives and policies of the Series as set forth in the Trust's registration statement with the Securities and Exchange Commission as amended from time to time and such instructions as the Trust's board of trustees may issue. Consistent with the foregoing, the Advisor shall make all determinations as to the investment of the Series' assets and the purchase and sale of its portfolio securities and take all steps necessary to implement same. Such determinations and services shall also include determining the manner in which voting rights, rights to consent to corporate actions and other rights pertaining to the Series' portfolio securities shall be exercised. In placing orders for the execution of the Series' portfolio transactions, the Advisor shall use its best efforts to obtain the best possible price and execution and shall otherwise place such orders subject to and in accordance with any directions which the Trust's board of trustees may issue from time to time with respect thereto. The Advisor shall select brokers and dealers for the execution of portfolio transactions in accordance with the provisions of Section I.B. of this agreement.

Investment Advice and Portfolio Management. The Advisor shall manage the investment and reinvestment of the Series' assets in accordance with the investment objectives and policies of the Series as set forth in the Trust's registration statement with the Securities and Exchange Commission as amended from time to time and such instructions as the Trust's board of trustees may issue. Consistent with the foregoing, the Advisor shall make all the determinations as to the investment of the Series' assets and the purchase and sale of its portfolio securities and take all steps necessary to implement same. Such determinations and services shall also include determining the manner in which voting rights, rights to consent to corporate actions and other rights pertaining to the Series' portfolio securities shall be exercised. In placing orders for the execution of the Series' portfolio transactions, the Advisor shall use its best efforts to obtain the best possible price and execution and shall otherwise place such orders subject to and in accordance with any directions which the Trust's board of trustees may issue from time to time with respect thereto. The Advisor shall select brokers and dealers for the execution of portfolio transactions in accordance with the provisions of Section I.B. of this agreement.

Investment Advice and Portfolio Management. The Advisor shall manage the investment and reinvestment of the Series' assets in accordance with the investment objectives and policies of the Series as set forth in the Trust's registration statement with the Securities and Exchange Commission as amended from time to time and such instructions as the Trust's board of trustees may issue. Consistent with the foregoing, the Advisor shall make all determinations as to the investment of the Series' assets and the purchase and sale of its portfolio securities and take all steps necessary to implement the same. Such determinations and services shall also include determining the manner in which voting rights, rights to consent to corporate actions and other rights pertaining to the Series' portfolio securities shall be exercised. In placing orders for the execution of the Series' portfolio transactions, the Advisor shall use its best efforts to obtain the best possible price and execution and shall otherwise place such orders subject to and in accordance with any directions which the Trust's board of trustees may issue from time to time with respect thereto. The Advisor shall select brokers and dealers for the execution of portfolio transactions in accordance with the provisions of Section I.B. of this agreement.