Common use of Joint Reviews Clause in Contracts

Joint Reviews. (a) In order to oversee the performance of the Funds on a regular basis, the parties shall: (i) conduct at least once each calendar quarter in which the annual review described in clause (ii) below is not conducted, a review of the performance of the Funds, with such review to include the senior management of the Sponsor and the senior management of the Marketing Agent and to cover such topics as asset growth/decline, sales strategy, new business efforts, new product initiatives and stock exchange trading activity; and (ii) conduct at least once each calendar year, a review of the overall performance of the Funds, which will include a review of the most recent quarterly period, with such review to include the chief executive officer of the Sponsor and senior management of the Marketing Agent and to cover such topics as strategic direction and new business initiatives. (b) Prior to each of the quarterly and annual review pursuant to Article 4.4(a), the Sponsor and the Marketing Agent will jointly prepare and circulate among the parties, a report covering the quarterly or annual period which is the subject of each review, with such report to cover such topics described above.

Joint Reviews. (a) In order to oversee the performance of the Funds Trust on a regular basis, the parties shall: (i) conduct at least once each calendar quarter in which the annual review described in clause (ii) below is not conducted, a review of the performance of the FundsTrust, with such review to include the senior management of the Sponsor and the senior management of the Marketing Agent and to cover such topics as asset growth/decline, sales strategy, new business efforts, new product initiatives and stock exchange trading activity; and (ii) conduct at least once each calendar year, a review of the overall performance of the FundsTrust, which will include a review of the most recent quarterly period, with such review to include the chief executive officer of the Sponsor and senior management of the Marketing Agent and to cover such topics as strategic direction and new business initiatives. (b) Prior to each of the quarterly and annual review pursuant to Article 4.4(a), the Sponsor and the Marketing Agent will jointly prepare and circulate among the parties, a report covering the quarterly or annual period which is the subject of each review, with such report to cover such topics described above.

Joint Reviews. (a) In order to oversee the pre-launch development and post-launch performance of the Funds Fund on a regular basis, the parties shall: (i) conduct at least once each [MONTH] calendar quarter in which the annual review described in clause (ii) below is not conducted, a review of the performance of the FundsFund, with such review to include the senior management of the Sponsor General Partner and the senior management of the Marketing Agent and to cover such topics as asset growth/decline, sales strategy, new business efforts, new product initiatives and stock exchange trading activity; and (ii) conduct at least once each calendar year, a review of the overall performance of the FundsFund, which will include a review of the most recent quarterly period, with such review to include the chief executive officer of the Sponsor General Partner and senior management of the Marketing Agent and to cover such topics as strategic direction and new business initiatives. (b) Prior to each of the [MONTHLY] quarterly and annual review reviews which will take place pursuant to Article 4.4(a)this Section 5.3, the Sponsor General Partner and the Marketing Agent will jointly prepare and circulate among the parties, a report covering the quarterly or annual period which is the subject of each review, with such report to cover such topics described above.