Common use of Investment Objectives and Restrictions Clause in Contracts

Investment Objectives and Restrictions. Subject to the supervision of the Funds' Board of Directors and Client, Subadviser shall manage the assets and direct the investments of the Fund held in the Account in accordance with the Fund's Investment Guidelines and Statement of Investment Policies, with the Fund's prospectus and statement of additional information, with the written investment objectives, policies, procedures, guidelines, restrictions and liquidity requirements of the Fund and with the Fund's compliance policies, guidelines and procedures, all as they may be restated or modified from time to time by Client or the Funds on written notice to the Subadviser. Client retains the right, on written notice to Subadviser and without amending this Agreement, to modify any such objectives, policies, procedures, guidelines, restrictions or requirements in any manner and at any time as may be allowed pursuant to the 1940 Act.