Common use of Other Activities of the Sub Advisor Clause in Contracts

Other Activities of the Sub Advisor. The Investment Manager agrees that the Sub-Advisor and any of its partners ------------------------------------ or employees, and persons affiliated with the Sub-Advisor or with any such partner or employee, may render investment management or advisory services to other investors and institutions, and that such investors and institutions may own, purchase or sell, securities or other interests in property that are the same as, similar to, or different from those which are selected for purchase, holding or sale for the Portfolio. The Investment Manager further acknowledges that the Sub-Advisor shall be in all respects free to take action with respect to investments in securities or other interests in property that are the same as, similar to, or different from those selected for purchase, holding or sale for the Portfolio. The Investment Manager understands that the Sub-Advisor shall not favor or disfavor any of the Sub-Advisor's clients or class of clients in the allocation of investment opportunities, so that to the extent practical, such opportunities will be allocated among the Sub-Advisor's clients over a period of time on a fair and equitable basis. Nothing in this Agreement shall impose upon the Sub-Advisor any obligation (i) to purchase or sell, or recommend for purchase or sale, for the Portfolio any security which the Sub-Advisor, its partners, affiliates or employees may purchase or sell for the Sub-Advisor or such partner's, affiliate's or employee's own accounts or for the account of any other client of the Sub-Advisor, advisory or otherwise, or (ii) to abstain from the purchase or sale of any security for the Sub-Advisor's other clients, advisory or otherwise, which the Investment Manager has placed on the list provided pursuant to paragraph 6(g) of this Agreement.

Other Activities of the Sub Advisor. The Investment Manager agrees that the Sub-Advisor and any of its partners ------------------------------------ or -------------------------------------- employees, and persons affiliated with the Sub-Advisor or with any such partner or employee, may render investment management or advisory services to other investors and institutions, and that such investors and institutions may own, purchase or sell, securities or other interests in property that are the same as, similar to, or different from those which are selected for purchase, holding or sale for the PortfolioFund. The Investment Manager further acknowledges that the Sub-Advisor shall be in all respects free to take action with respect to investments in securities or other interests in property that are the same as, similar to, or different from those selected for purchase, holding or sale for the PortfolioFund. The Investment Manager understands that the Sub-Advisor shall not favor or disfavor any of the Sub-Advisor's clients or class of clients in the allocation of investment opportunities, so that to the extent practical, such opportunities will be allocated among the Sub-Advisor's clients over a period of time on a fair and equitable basis. Nothing in this Agreement shall impose upon the Sub-Advisor any obligation (i) to purchase or sell, or recommend for purchase or sale, for the Portfolio Fund any security which the Sub-Advisor, its partners, affiliates or employees may purchase or sell for the Sub-Advisor or such partner's, affiliate's or employee's own accounts or for the account of any other client of the Sub-Advisor, advisory or otherwise, or (ii) to abstain from the purchase or sale of any security for the Sub-Advisor's other clients, advisory or otherwise, which the Investment Manager has placed on the list provided pursuant to paragraph 6(g) of this Agreement.

Other Activities of the Sub Advisor. The Investment Manager agrees that the Sub-Advisor and any of its partners ------------------------------------ or employees, and persons affiliated with the Sub-Advisor or with any such partner or employee, may render investment management or advisory services to other investors and institutions, and that such investors and institutions may own, purchase or sell, securities or other interests in property that are the same as, similar to, or different from those which are selected for purchase, holding or sale for the PortfolioFund. The Investment Manager further acknowledges that the Sub-Advisor shall be in all respects free to take action with respect to investments in securities or other interests in property that are the same as, similar to, or different from those selected for purchase, holding or sale for the PortfolioFund. The Investment Manager understands that the Sub-Advisor shall not favor or disfavor any of the Sub-Advisor's clients or class of clients in the allocation of investment opportunities, so that to the extent practical, such opportunities will be allocated among the Sub-Advisor's clients over a period of time on a fair and equitable basis. Nothing in this Agreement shall impose upon the Sub-Advisor any obligation (i) to purchase or sell, or recommend for purchase or sale, for the Portfolio Fund any security which the Sub-Advisor, its partners, affiliates or employees may purchase or sell for the Sub-Advisor or such partner's, affiliate's or employee's own accounts or for the account of any other client of the Sub-Advisor, advisory or otherwise, or (ii) to abstain from the purchase or sale of any security for the Sub-Advisor's other clients, advisory or otherwise, which the Investment Manager has placed on the list provided pursuant to paragraph 6(g) of this Agreement.