Common use of Other Clients Clause in Contracts

Other Clients. Client understands that Adviser performs investment advisory services for various other clients. Adviser agrees to act in a manner consistent with its fiduciary obligation to deal fairly with all clients when taking investment actions. Client agrees that Adviser may give advice and take action in the performance of its duties with respect to any of its other clients that may differ from the timing or nature of action taken with respect to the Account. Adviser will not be under any obligation to purchase or sell for the Account any security that Adviser, its officers, or employees may purchase or sell for its or their own Accounts or purchase or sell or recommend for purchase or sale for the Account of another client if, in the sole discretion of Adviser, such action is not practical or desirable for the Account.

Other Clients. Client understands that Adviser performs investment advisory services for various other clients. Adviser agrees to act in a manner consistent with its fiduciary obligation to deal fairly with all clients when taking investment actions. Client agrees that Adviser may give advice and take action in the performance of its duties with respect to any of its other clients that may differ from the timing or nature of action taken with respect to the AccountPortfolios. Adviser will not be under any obligation to purchase or sell for the Account Portfolios any security that Adviser, its officers, principals, employees, agents, affiliates or employees their family members may purchase or sell for its or their own Accounts accounts or purchase or sell or recommend for purchase or sale for the Account account of another client if, in the sole discretion of Adviser, such action is not practical or desirable for the AccountPortfolios.