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

INVESTMENT OBJECTIVE, POLICIES AND RESTRICTIONS. Empower Funds will 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 of Directors supplemental thereto. Empower Funds and the Adviser agree, on an ongoing basis, to notify the Sub-Adviser in advance in writing of each change in the fundamental and non-fundamental investment policies of the Fund and will 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. Empower Funds retains the right, on prior 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.

INVESTMENT OBJECTIVE, POLICIES AND RESTRICTIONS. Empower Funds The Trust will 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 of Directors Trustees supplemental thereto. Empower Funds and the Adviser agreeThe Trust agrees, 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 to time reasonably request for performance of its obligations under this Agreement. Empower Funds The Trust retains the right, on prior 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.

INVESTMENT OBJECTIVE, POLICIES AND RESTRICTIONS. Empower Funds will provide the Sub-Adviser with the statement of investment objective, policies and restrictions applicable to the Fund Account Accounts as contained in the each 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 of Directors supplemental thereto. Empower Funds and the Adviser agree, on an ongoing basis, to notify the Sub-Adviser in advance in writing of each change in the fundamental and non-fundamental investment policies of the Fund Funds and will 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 to time reasonably request for performance of its obligations under this Agreement. Empower Funds retains the right, on prior 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.

INVESTMENT OBJECTIVE, POLICIES AND RESTRICTIONS. Empower Funds The Trust will 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 InformationInformation (the “Registration Statement”), all amendments or supplements to the Prospectus and Statement of Additional Information, and any instructions adopted by the Board of Directors Trustees supplemental thereto. Empower Funds and the Adviser agreeThe Trust agrees, on an ongoing basis, to notify the Sub-Adviser in advance in writing of each change in the Registration Statement fundamental and non-fundamental investment policies of the Fund and will provide the Sub-Adviser with such further information regarding the Registration Statement concerning the investment objective, policies, restrictions and such other information applicable thereto as the Sub-Adviser may from time-to-time to time reasonably request for performance of its obligations under this Agreement. Empower Funds The Trust retains the right, on prior written notice to the Sub-Adviser or the Adviser, to modify any such the Registration Statement objective, policies or restrictions in accordance with applicable laws, at any time.