Common use of INVESTMENT OBJECTIVE, POLICIES AND RESTRICTIONS Clause in Contracts

INVESTMENT OBJECTIVE, POLICIES AND RESTRICTIONS. The Trust will timely provide the Sub-Adviser with the statement of investment objective, policies and restrictions applicable to the Fund Account as contained in the Fund’s Prospectus and Statement of Additional Information, all amendments or supplements to the Prospectus and Statement of Additional Information, and any instructions adopted by the Board supplemental thereto. The Trust agrees, on an ongoing basis, to promptly notify the Sub-Adviser in writing of each change in the fundamental and non-fundamental investment policies of the Fund Account and will promptly provide the Sub-Adviser with such further information concerning the investment objective, policies, restrictions and such other information applicable thereto as the Sub-Adviser may from time to time reasonably request for performance of its obligations under this Agreement. The Trust retains the right, on written notice to the Sub-Adviser or the Adviser, to modify any such objective, policies or restrictions in accordance with applicable laws, at any time. The Adviser shall provide or cause to be provided timely information to the Sub-Adviser regarding such matters as the composition of the Fund’s assets, cash requirements and cash available for investment in the Fund Account, and all other reasonable information as may be necessary for the Sub-Adviser to perform its duties and responsibilities hereunder.

INVESTMENT OBJECTIVE, POLICIES AND RESTRICTIONS. The Trust Sub-Adviser shall perform the services under this Agreement in accordance with the investment objectives and guidelines, attached hereto as Schedule B, and as may be amended and delivered in writing from time to time by the Adviser to the Sub-Adviser (the “Guidelines”), such Guidelines to be considered an integral part of this Agreement and are incorporated herein. Empower Funds will timely provide the Sub-Adviser with the statement of investment objective, policies and restrictions applicable to the Fund Account as contained in the Fund’s Prospectus and Statement of Additional Information, all amendments or supplements to the Prospectus and Statement of Additional Information, and any instructions adopted by the Board supplemental thereto. The Trust agreesEmpower Funds and the Adviser agree, on an ongoing basis, to promptly notify the Sub-Adviser in advance in writing of each change in the fundamental and non-fundamental investment policies of the Fund Account and will promptly provide the Sub-Adviser with such further information concerning the investment objective, policies, restrictions and such other information applicable thereto as the Sub-Adviser may from time to time reasonably request for performance of its obligations under this Agreement. The Trust Empower Funds retains the right, on prior written notice to the Sub-Adviser or and the Adviser, to modify any such objective, policies or restrictions in accordance with applicable laws, at any time. The Adviser shall provide or cause to be provided timely information to the Sub-Adviser regarding such matters as the composition of the Fund’s assets, cash requirements and cash available for investment in the Fund Account, and all other reasonable information as may be necessary for the Sub-Adviser to perform its duties and responsibilities hereunder.

INVESTMENT OBJECTIVE, POLICIES AND RESTRICTIONS. The Trust will timely provide the Sub-Adviser with the statement of investment objective, policies and restrictions applicable to the Fund Account as contained in the Fund’s Prospectus and Statement of Additional Information, all amendments or supplements to the Prospectus and Statement of Additional Information, and any instructions adopted by the Board supplemental thereto. The Trust agrees, on an ongoing basis, to promptly notify the Sub-Adviser in writing of each change in the fundamental and non-fundamental investment policies of the Fund Account and will promptly provide the Sub-Adviser with such further information concerning the investment objective, policies, restrictions and such other information applicable thereto as the Sub-Adviser may from time to time reasonably request for performance of its obligations under this Agreement. The Trust retains the right, on written notice to the Sub-Adviser or the Adviser, to modify any such objective, policies or restrictions in accordance with applicable laws, at any time. [The Adviser shall provide or cause to be provided timely information to the Sub-Adviser regarding such matters as the composition of the Fund’s assets, cash requirements and cash available for investment in the Fund Account, and all other reasonable information as may be necessary for the Sub-Adviser to perform its duties and responsibilities hereunder.]