Common use of Limitation of Trust’s Liability Clause in Contracts

Limitation of Trust’s Liability. The Adviser acknowledges that it has received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Adviser agrees that any of the Trust's obligations shall be limited to the assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust officer, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser acknowledges that it has ------------------------------- received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Adviser agrees that any of the Trust's obligations shall be limited to the assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust officer, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser acknowledges that it has received notice of and accepts the limitations upon the Trust's ’s liability set forth in its Agreement and Declaration of Trust. The Adviser agrees that any of the Trust's ’s obligations shall be limited to the assets of the Portfolio and the Company and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust Trustee, officer, employee or agent (other than the Adviser) of the Trust.

Limitation of Trust’s Liability. The Adviser acknowledges that it has received notice of and accepts the limitations upon the Trust's ’s liability set forth in its Agreement and Declaration of Trust. The Adviser agrees that any of the Trust's ’s obligations shall be limited to the assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust officer, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser acknowledges that it has _______________________________ received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Adviser agrees that any of the Trust's obligations shall be limited to the assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust officer, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser acknowledges that it has received notice of and accepts the limitations upon the Trust's ’s liability set forth in its Agreement and Declaration of Trust. The Adviser agrees that any of the Trust's ’s obligations hereunder in any case shall be limited to the Trust and to its assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust member of the Board, or any officer, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser Advisor acknowledges that it has received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Adviser Advisor agrees that any of the Trust's obligations hereunder in any case shall be limited to the Trust and to its assets of the Portfolio and that the Adviser Advisor shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust Trustee, officer, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser acknowledges that it has received notice of and accepts the limitations upon the Trust's ’s liability set forth in its Agreement and Declaration of Trust. The Adviser agrees that any of the Trust's ’s obligations hereunder in any case shall be limited to the Trust and to its assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust Trustee, officer, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser acknowledges that it has -------------------------------- received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Adviser agrees that any of the Trust's obligations shall be limited to the assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust officer, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser acknowledges that it has received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Adviser Advisor agrees that any of the Trust's obligations hereunder in any case shall be limited to the Trust and to its assets of the Portfolio and that the Adviser Advisor shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust officerTrustees, officers, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser acknowledges that it ------------------------------- has received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Adviser agrees that any of the Trust's obligations shall be limited to the assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust officer, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser acknowledges that it has received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration declaration of Trust. The Adviser agrees that any of the Trust's obligations hereunder in any case shall be limited to the Trust and to its assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust Trustee, officer, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser Advisor acknowledges that it has received notice of and accepts the limitations upon the Trust's ’s liability set forth in its Agreement and Declaration of Trust. The Adviser Advisor agrees that any of the Trust's ’s obligations hereunder in any case shall be limited to the Trust and to its assets of the Portfolio and that the Adviser Advisor shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust Trustee, officer, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser Advisor acknowledges that it has received notice of and accepts the limitations upon the Trust's liability set forth in Article XI of its Agreement and Declaration of Trust. The Adviser Advisor agrees that any of the Trust's obligations hereunder in any case shall be limited to the Trust and to its assets of the Portfolio and that the Adviser Advisor shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust Trustees, officer, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser acknowledges that it has ------------------------------- received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Adviser agrees that any of the Trust's obligations shall be limited to the assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust officer, officer or employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser acknowledges that it has received notice of and accepts the limitations upon the Trust's ’s liability set forth in Article XI of its Agreement and Declaration of Trust. The Adviser agrees that any of the Trust's ’s obligations hereunder in any case shall be limited to the Trust and to its assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust Trustee, officer, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser Advisor acknowledges that it has received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Adviser Advisor agrees that any of the Trust's obligations hereunder in any case shall be limited to the Trust and to its assets of the Portfolio and that the Adviser Advisor shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust Trustee, officer, employee or agent of the Trust. 10.

Limitation of Trust’s Liability. The Adviser acknowledges that it has received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Adviser agrees that any of the Trust's obligations shall be limited to the assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust officer, officer or employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser acknowledges that it has received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Adviser agrees that any of the Trust's obligations hereunder in any case shall be limited to the Trust and to its assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust Equity Fund nor from any Trust Trustee, officer, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser ------------------------------- acknowledges that it has received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Adviser agrees that any of the Trust's obligations shall be limited to the assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust officer, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser Advisor acknowledges that it is has received notice of and accepts the limitations upon the Trust's liability set forth in Article XI of its Agreement and Declaration of Trust. The Adviser Advisor agrees that any of the Trust's obligations hereunder in any case shall be limited to the Trust and to its assets of the Portfolio and that the Adviser Advisor shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust Trustees, officer, employee or agent of the Trust.

Limitation of Trust’s Liability. The Adviser acknowledges that it has received notice of and accepts the limitations upon the Trust's liability set forth in its Agreement and Declaration of Trust. The Adviser agrees that any of the Trust's obligations shall be limited to the assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust officer, employee or agent of the Trust.its

Limitation of Trust’s Liability. The Adviser acknowledges that it has received notice of and accepts the limitations upon the Trust's ’s liability set forth in its Agreement and Declaration of the Trust’s Charter Documents. The Adviser agrees that any of the Trust's ’s obligations shall be limited to the assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust nor from any Trust Trustee, officer, employee or agent of or other series of the Trust. (6) Section 8 is amended and restated in its entirety to read as follows:

Limitation of Trust’s Liability. The Adviser acknowledges that it has received notice of and accepts the limitations upon the Trust's ’s liability set forth in its Agreement and Declaration of Trust. The Adviser agrees that any of the Trust's ’s obligations hereunder in any case shall be limited to the Trust and to its assets of the Portfolio and that the Adviser shall not seek satisfaction of any such obligation from the shareholders of the Trust International Index Fund nor from any Trust Trustee, officer, employee or agent of the Trust.