Common use of Investment Sub-Advisory Services Clause in Contracts

Investment Sub-Advisory Services. Subject to the supervision of the applicable Company’s Board of Directors (“Board”) and the Adviser, the Subadviser shall act as the investment subadviser and shall supervise and direct the investments of each Fund specified by the Adviser from time to time in accordance with the Fund’s investment objectives, 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 the Fund or Adviser may impose by notice in writing to the Subadviser. The Subadviser 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 each Fund allocated to the Subadviser in a manner consistent with the Fund’s investment objective(s), policies, and restrictions. In furtherance of this duty, Subadviser, on behalf of each Fund is authorized to:

Investment Sub-Advisory Services. Subject to the supervision of the applicable Company’s Board of Directors (“Board”) and the Adviser, the Subadviser shall act as the investment subadviser and shall supervise and direct the investments of each Fund specified by the Adviser from time to time in accordance with the Fund’s investment objectives, 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 the Fund or Adviser may impose by notice in writing to the Subadviser. The Subadviser 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 each Fund allocated to the Subadviser in a manner consistent with the Fund’s investment objective(s), policies, and restrictions. It is understood that the Subadviser may delegate one or more of its investment management affiliates some or all of its rights and obligations under this Agreement. The Adviser agrees that Subadviser may delegate trading execution and related reporting functions to the trading desk of an affiliate (“Affiliated Trading Desk”). In furtherance of this duty, Subadviser, on behalf of each Fund is authorized to:

Investment Sub-Advisory Services. Subject to the supervision of the applicable Company’s IDEX Board of Directors Trustees (“"Board”") and the Investment Adviser, the Subadviser Sub-Adviser shall act as the investment subadviser sub-adviser and shall supervise and direct the investments of each Fund specified by the Adviser from time to time in accordance with the each Fund’s 's investment objectivesobjective, 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 Fund appropriate officers of the Investment Adviser or Adviser may impose IDEX by notice in writing to the SubadviserSub-Adviser. The Subadviser 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 each Fund allocated to the Subadviser in a manner consistent with the each Fund’s 's investment objective(s)objective, policies, and restrictions. In furtherance of this duty, Subadviserthe Sub-Adviser, on behalf of each Fund, is authorized, in its discretion and without prior consultation with each Fund is authorized or the Investment Adviser, to: