Common use of Investment Sub-Advisory Services Clause in Contracts

Investment Sub-Advisory Services. Subject to the supervision of the Fund's Board of Directors ("Board") and the Investment Adviser, the Sub-Adviser shall act as the investment sub-adviser and shall supervise and direct the investments of the Portfolio in accordance with the Portfolio's investment objective, policies, and restrictions as provided in the Fund's Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as the "Prospectus"), and such other limitations as directed by the appropriate officers of the Investment Adviser or the Fund by notice in writing to the Sub-Adviser. The Sub-Adviser shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the Portfolio in a manner consistent with the Portfolio's investment objective, policies, and restrictions. In furtherance of this duty, the Sub-Adviser, on behalf of the Portfolio, is authorized, in its discretion and without prior consultation with the Portfolio or the Investment Adviser, to:

Investment Sub-Advisory Services. Subject to the supervision of the FundTrust's Board of Directors Trustees ("Board") and the Investment Adviser, the Sub-Adviser shall act as the investment sub-adviser and shall supervise and direct the investments of the Portfolio each Fund in accordance with the Portfolio's Trusts' investment objectiveobjectives, policies, and restrictions as provided in the Fund's Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as the "Prospectus"), the 1940 Act and the rules thereunder, and such other limitations as directed by the appropriate officers of the Investment Adviser or the Fund Trust may impose by notice in writing to the Sub-Adviser. The Sub-Adviser shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the Portfolio each Fund in a manner consistent with the PortfolioFund's investment objectiveobjective(s), policies, and restrictions. In furtherance of this duty, the Sub-Adviser, on behalf of the Portfolioa Fund, is authorized, in its discretion and without prior consultation with the Portfolio Trust or the Investment Adviser, to:

Investment Sub-Advisory Services. Subject to the supervision of the Fund's Board of Directors ("Board") and the Investment Adviser, the Sub-Adviser shall act as the investment sub-adviser and shall supervise and direct the investments of the each Portfolio in accordance with the each Portfolio's investment objective, policies, and restrictions as provided in the Fund's Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as the "Prospectus"), and such other limitations as directed by the appropriate officers of the Investment Adviser or the Fund by notice in writing to the Sub-Adviser. The Sub-Adviser shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the each Portfolio in a manner consistent with the each Portfolio's investment objective, policies, and restrictions. In furtherance of this duty, the Sub-Adviser, on behalf of the each Portfolio, is authorized, in its discretion and without prior consultation with the each Portfolio or the Investment Adviser, to:

Investment Sub-Advisory Services. Subject to the supervision of the Fund's Board of Directors ("Board") and the Investment Adviser, the Sub-Adviser shall act as the investment sub-adviser and shall supervise and direct the investments of the Portfolio Portfolios in accordance with the each Portfolio's investment objective, policies, and restrictions as provided in the Fund's Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as the "Prospectus"), and such other limitations as directed by the appropriate officers of the Investment Adviser or the Fund by notice in writing to the Sub-Adviser. The Sub-Adviser shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the Portfolio Portfolios in a manner consistent with the each Portfolio's investment objective, policies, and restrictions. In furtherance of this duty, the Sub-Adviser, on behalf of the PortfolioPortfolios, is authorized, in its discretion and without prior consultation with the Portfolio Board or the Investment Adviser, to:

Investment Sub-Advisory Services. Subject to the supervision of the Fund's Board of Directors ("Board") and the Investment Adviser, the Sub-Adviser shall act as the investment sub-adviser and shall supervise and direct the investments of the Portfolio Portfolios in accordance with the each Portfolio's investment objective, policies, and restrictions as provided in the Fund's Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as the "Prospectus"), and such other limitations as directed by the appropriate officers of the Investment Adviser or the Fund by notice in writing to the Sub-Adviser. The Sub-Adviser shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the Portfolio Portfolios in a manner consistent with the each Portfolio's investment objective, policies, and restrictions. In furtherance of this duty, the Sub-Adviser, on behalf of the each Portfolio, is authorized, in its discretion and without prior consultation with the Portfolio Portfolios or the Investment Adviser, to:

Investment Sub-Advisory Services. Subject to the supervision of the Fund's IDEX Board of Directors Trustees ("Board") and the Investment Adviser, the Sub-Adviser shall act as the investment sub-adviser and shall supervise and direct the investments of the Portfolio Fund in accordance with the PortfolioFund's investment objective, policies, and restrictions as provided in the Fund's IDEX Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as the "Prospectus"), and such other limitations as directed by the appropriate officers of the Investment Adviser or the Fund IDEX by notice in writing to the Sub-Adviser. The Sub-Adviser shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the Portfolio Fund in a manner consistent with the PortfolioFund's investment objective, policies, and restrictions. In furtherance of this duty, the Sub-Adviser, on behalf of the PortfolioFund, is authorized, in its discretion and without prior consultation with the Portfolio Fund or the Investment Adviser, to:

Investment Sub-Advisory Services. Subject to the supervision of the Fund's ’s Board of Directors ("the “Board"”) and the Investment Adviser, the Sub-Adviser shall act as the investment sub-adviser and shall supervise and direct the investments of the Portfolio Fund in accordance with the Portfolio's Fund’s investment objectiveobjectives, policies, and restrictions as provided stated in the Fund's Sole Shareholder’s Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as the "“Prospectus")”) and provided to Sub-Adviser, and such other limitations as directed by the appropriate officers of the Investment Adviser or the Fund by notice in writing to the Sub-AdviserAdviser (collectively, “Fund Policies”). The Sub-Adviser shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the Portfolio Fund in a manner consistent with the Portfolio's investment objective, policies, and restrictionsFund’s Policies. In furtherance of this dutythese duties, the Sub-Adviser, on behalf of the PortfolioFund, is authorized, in its discretion and without prior consultation with the Portfolio Fund or the Investment Adviser, to:

Investment Sub-Advisory Services. Subject to the supervision of the Fund's Board of Directors ("Board") and the Investment Adviser, the Sub-Adviser shall act as the investment sub-adviser and shall supervise and direct the investments of the Portfolio Portfolios in accordance with the each Portfolio's investment objective, policies, and restrictions as provided in the Fund's Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as the "Prospectus"), and such other limitations as directed by the appropriate officers of the Investment Adviser or the Fund by notice in writing to the Sub-Adviser. The Sub-Adviser shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the Portfolio Portfolios in a manner consistent with the each Portfolio's investment objective, policies, and restrictions. In furtherance of this duty, the Sub-Adviser, on behalf of the PortfolioPortfolios, is authorized, in its discretion and without prior consultation with the Portfolio Portfolios or the Investment Adviser, to:

Investment Sub-Advisory Services. Subject to the supervision of the FundTrust's Board of Directors Trustees ("Board") and the Investment AdviserAdvisor, the Sub-Adviser Advisor shall act as the investment sub-adviser advisor and shall supervise and direct the investments of the Portfolio Fund in accordance with the PortfolioFund's investment objective, policies, and restrictions as provided in the FundTrust's Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as collectively, the "Prospectus"), and such other limitations as directed by the appropriate officers of the Investment Adviser Advisor or the Fund Trust by notice in writing to the Sub-AdviserAdvisor. The Sub-Adviser Advisor shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the Portfolio Fund in a manner consistent with the PortfolioFund's investment objective, policies, and restrictions. In furtherance of this duty, the Sub-AdviserAdvisor, on behalf of the PortfolioFund, is authorized, in its discretion and without prior consultation with the Portfolio Fund or the Investment AdviserAdvisor, to:

Investment Sub-Advisory Services. Subject to the supervision of the Fund's Board of Directors ("Board") and the Investment Adviser, the Sub-Adviser shall act as the an investment sub-adviser and shall supervise and direct the investments of the Portfolio in accordance with the Portfolio's investment objective, policies, and restrictions as provided in the Fund's Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as the "Prospectus"), and such other limitations as directed by the appropriate officers of the Investment Adviser or the Fund by notice in writing to the Sub-Adviser. The Sub-Adviser shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the Portfolio allocated to it in a manner consistent with the Portfolio's investment objective, policies, and restrictions. In furtherance of this duty, the Sub-Adviser, on behalf of the Portfolio, is authorized, in its discretion and without prior consultation with the Portfolio or the Investment Adviser, to:

Investment Sub-Advisory Services. Subject to the supervision of the Fund's Board of Directors ("Board") and the Investment Adviser, the Sub-Adviser shall act as the investment sub-adviser and shall supervise and direct the investments of the Portfolio Portfolios in accordance with the each Portfolio's investment objective, policies, and restrictions as provided in the Fund's Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as the "Prospectus"), and such other limitations as directed by the appropriate officers of the Investment Adviser or the Fund by notice in writing to the Sub-Adviser. The Sub-Adviser shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the each Portfolio in a manner consistent with the each Portfolio's investment objective, policies, and restrictions. In furtherance of this duty, the Sub-Adviser, on behalf of the PortfolioPortfolios, is authorized, in its discretion and without prior consultation with the each Portfolio or the Investment Adviser, to:

Investment Sub-Advisory Services. Subject to the supervision of the Fund's Board of Directors ("Board") and the Investment Adviser, the Sub-Adviser shall act as the investment sub-adviser and shall supervise and direct the investments of the Portfolio Portfolios in accordance with the Portfolio's Portfolios' investment objective, policies, and restrictions as provided in the Fund's Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as the "Prospectus"), and such other limitations as directed by the appropriate officers of the Investment Adviser or the Fund by notice in writing to the Sub-Adviser. The Sub-Adviser shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the Portfolio Portfolios in a manner consistent with the Portfolio's Portfolios' investment objective, policies, and restrictions. In furtherance of this duty, the Sub-Adviser, on behalf of the PortfolioPortfolios, is authorized, in its discretion and without prior consultation with the Portfolio Portfolios or the Investment Adviser, to:

Investment Sub-Advisory Services. Subject to the supervision of the Fund's Trust’s Board of Directors Trustees ("“Board"”) and the Investment AdviserAdvisor, the Sub-Adviser Advisor shall act as the investment sub-adviser advisor and shall supervise and direct the investments of the Portfolio Fund in accordance with the Portfolio's Fund’s investment objective, policies, and restrictions as provided in the Fund's Trust’s Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as collectively, the "“Prospectus"”), and such other limitations as directed by the appropriate officers of the Investment Adviser Advisor or the Fund Trust by notice in writing to the Sub-AdviserAdvisor. The Sub-Adviser Advisor shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the Portfolio Fund in a manner consistent with the Portfolio's Fund’s investment objective, policies, and restrictions. In furtherance of this duty, the Sub-AdviserAdvisor, on behalf of the PortfolioFund, is authorized, in its discretion and without prior consultation with the Portfolio Fund or the Investment AdviserAdvisor, to:

Investment Sub-Advisory Services. Subject to the supervision of the Fund's Board of Directors ("Board") and the Investment Adviser, the Sub-Adviser shall act as the investment sub-adviser and shall supervise and direct the investments of the Portfolio in accordance with the Portfolioportfolio's investment objective, policies, and restrictions as provided in the Fund's Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as the "Prospectus"), and such other limitations as directed by the appropriate officers of the Investment Adviser or the Fund by notice in writing to the Sub-Adviser. The Sub-Adviser shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the Portfolio portfolio in a manner consistent with the Portfolioportfolio's investment objective, policies, and restrictions. In furtherance of this duty, the Sub-Adviser, on behalf of the Portfolioportfolio, is authorized, in its discretion and without prior consultation with the Portfolio portfolio or the Investment Adviser, to:

Investment Sub-Advisory Services. Subject to the supervision of the Fund's Board of Directors ("Board") and the Investment Adviser, the Sub-Adviser shall act as the investment sub-adviser and shall supervise and direct the investments of the Portfolio Portfolios in accordance with the each Portfolio's investment objective, policies, and restrictions as provided in the Fund's Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as the "Prospectus"), and such other limitations as directed by the appropriate officers of the Investment Adviser or the Fund by notice in writing to the Sub-Adviser. The Sub-Adviser shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the Portfolio Portfolios in a manner consistent with the each Portfolio's investment objective, policies, and restrictions. In furtherance of this duty, the Sub-Adviser, on behalf of the Portfolio, is authorized, in its discretion and without prior consultation with the Portfolio or the Investment Adviser, to:and

Investment Sub-Advisory Services. Subject to the supervision of the Fund's ATSF Board of Directors ("Board") and the Investment Adviser, the Sub-Adviser shall act as the investment sub-adviser and shall supervise and direct the non U.S. investments of the Portfolio in accordance with the Portfolio's investment objective, policies, and restrictions as provided in the Fund's ATSF Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as the "Prospectus"), and such other limitations as directed by the appropriate officers of the Investment Adviser or the Fund ATSF by notice in writing to the Sub-Adviser. The Sub-Adviser shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the Portfolio in a manner consistent with the Portfolio's investment objective, policies, and restrictions. In furtherance of this duty, the Sub-Adviser, on behalf of the Portfolio, is authorized, in its discretion and without prior consultation with the Portfolio or the Investment Adviser, to:

Investment Sub-Advisory Services. Subject to the supervision of the Fund's IDEX Board of Directors Trustees ("“Board"”) and the Investment Adviser, the Sub-Adviser shall act as the investment sub-adviser and shall supervise and direct the investments of the Portfolio Fund in accordance with the Portfolio's Fund’s investment objective, policies, and restrictions as provided in the Fund's IDEX Prospectus and Statement of Additional Information, as currently in effect and as amended or supplemented from time to time (hereinafter referred to as the "“Prospectus"”), and such other limitations as directed by the appropriate officers of the Investment Adviser or the Fund IDEX by notice in writing to the Sub-Adviser. The Sub-Adviser shall obtain and evaluate such information relating to the economy, industries, businesses, securities markets, and securities as it may deem necessary or useful in the discharge of its obligations hereunder and shall formulate and implement a continuing program for the management of the assets and resources of the Portfolio Fund in a manner consistent with the Portfolio's Fund’s investment objective, policies, and restrictions. In furtherance of this duty, the Sub-Adviser, on behalf of the PortfolioFund, is authorized, in its discretion and without prior consultation with the Portfolio Fund or the Investment Adviser, to: