Common use of Multiple Capacities Clause in Contracts

Multiple Capacities. a. Nothing contained in this Agreement will prohibit you from acting, and being separately compensated for acting, in one or more capacities on behalf of the Trust including, but not limited to, the capacities of administrator, broker and distributor. The Trust understands that you may act as investment adviser or in other capacities on behalf of other investment companies and customers. While information and recommendations you supply to the Funds will in your judgment be appropriate under the circumstances and in light of the investment objectives of each Fund, they may be different from the information and recommendations you supply to other Funds, investment companies and customers. You will give the Funds equitable treatment under the circumstances in supplying information, recommendations and any other services requested of you, but you will not be required to give preferential treatment to the Funds as compared with the treatment given to any other investment company or customer. Whenever you will act in multiple capacities on behalf of the Funds, you will maintain the appropriate separate accounts and records for each such capacity. All information and advice supplied by you to each Fund hereunder will be for its own use exclusively.

Multiple Capacities. a. Nothing contained in this Agreement will prohibit you from acting, acting and being separately compensated for acting, in one or more capacities on behalf of the Trust including, but not limited to, the capacities of administrator, broker and distributor. The Trust understands that you may act as investment adviser or in other capacities on behalf of other investment companies and customers. While information and recommendations you supply to the Funds Fund will in your judgment be appropriate under the circumstances and in light of the investment objectives of each the Fund, they may be different from the information and recommendations you supply to other Funds, investment companies and customers. You will give the Funds Fund equitable treatment under the circumstances in supplying information, recommendations and any other services requested of you, but you will not be required to give preferential treatment to the Funds Fund as compared with the treatment given to any other investment company or customer. Whenever you will act in multiple capacities on behalf of the FundsFund, you will maintain the appropriate separate accounts and records for each such capacity. All information and advice supplied by you to each the Fund hereunder will be for its own use exclusively.