Mutual Funds. The Trustee may invest primarily or exclusively in shares of one or more open-end investment companies (so-called mutual funds or money market funds), including investment companies for which an Affiliated Entity serves as investment manager or adviser, custodian, transfer agent, registrar, sponsor, underwriter, distributor and/or other service provider, and from which the Trustee or an Affiliated Entity receives reasonable compensation for such services. The Affiliated Entity may receive such compensation in addition to the trustee or investment management fee paid to the Trustee.
Appears in 3 contracts
Samples: Employee Grantor Trust Enrollment Agreement, Employee Grantor Trust Enrollment Agreement (Philip Morris International Inc.), Restated Employee Grantor Trust Enrollment Agreement (Philip Morris International Inc.)
Mutual Funds. The Trustee may invest primarily or exclusively in shares of one or more open-end investment companies (so-called mutual funds or money market funds), including investment companies for which an Affiliated Entity serves as investment manager or adviser, custodian, transfer agent, registrar, sponsor, underwriter, distributor and/or other service provider, and from which the Trustee or an Affiliated Entity receives reasonable compensation for such services. The Affiliated Entity may receive such compensation in addition to the trustee Trustee or investment management fee paid to the Trustee.
Appears in 3 contracts
Samples: Employee Grantor Trust Enrollment Agreement, Employee Grantor Trust Enrollment Agreement (Philip Morris International Inc.), Employee Grantor Trust Enrollment Agreement (Philip Morris International Inc.)
