Common use of PROVISION OF INVESTMENT SUB-ADVISORY SERVICES Clause in Contracts

PROVISION OF INVESTMENT SUB-ADVISORY SERVICES. The Sub-Adviser will provide for the Fund a continuing and suitable investment program consistent with the investment policies, objectives and restrictions of the Fund, as established by the Fund and the Adviser and provided to the Sub-Adviser in writing. The current policies, objectives and restrictions are attached hereto as Exhibit A. From time to time, the Adviser or the Fund may provide the Sub-Adviser with written copies of additional or amended investment policies, guidelines and restrictions, which shall become effective at such time as agreed upon by both parties. The Sub-Adviser will manage the investment and reinvestment of the Allocated Portion of the Fund, and perform the functions set forth below, subject to the overall supervision, direction, control and review of the Adviser, consistent with the applicable investment policies, guidelines and restrictions, or any directions or instructions delivered to the Sub-Adviser in writing by the Adviser or the Fund from time to time, and further subject to the plenary authority of the Fund’s Board of Trustees. Consistent with Exhibit A, or unless otherwise directed in writing by the Adviser or the Fund, the Sub-Adviser shall have full discretionary authority to manage the investment of the Allocated Portion of the Fund, subject to the ultimate supervision and direction of the Trust’s Board of Trustees, including the authority to purchase, sell, cover open positions, and generally to deal in securities, financial and commodity futures contracts, foreign exchange forwards, options, swaps, short-term investment vehicles and other property comprising or relating to the Fund. In addition, the Sub-Adviser will, at its own expense:

PROVISION OF INVESTMENT SUB-ADVISORY SERVICES. The Sub-Adviser will provide for the Fund a continuing and suitable investment program consistent with the investment policies, objectives and restrictions of the Fund, as established by the Fund and the Adviser and provided to the Sub-Adviser in writing. The current policies, objectives and restrictions are attached hereto as Exhibit A. From time to time, the Adviser or the Fund may provide the Sub-Adviser with written copies of additional or amended investment policies, guidelines and restrictions, which shall become effective at such time as agreed upon by both parties. The Sub-Adviser will manage the investment and reinvestment of the Allocated Portion of the Fund, and perform the functions set forth below, subject to the overall supervision, direction, control and review of the Adviser, consistent with the applicable investment policies, guidelines and restrictions, or any directions or instructions delivered to the Sub-Adviser in writing by the Adviser or the Fund from time to time, and further subject to the plenary authority of the Fund’s Board of Trustees. Consistent with Exhibit A, or unless otherwise directed in writing by the Adviser or the Fund, the Sub-Adviser shall have full discretionary authority to manage the investment of the Allocated Portion of the Fund, subject to the ultimate supervision and direction of the Trust’s Board of Trustees, including the authority to purchase, sell, cover open positions, and generally to deal in securities, financial and commodity futures contracts, foreign exchange forwards, options, swaps, short-term investment vehicles and other property comprising or relating to the Fund. In addition, the Sub-Adviser will, at its own expense:

PROVISION OF INVESTMENT SUB-ADVISORY SERVICES. The Sub-Adviser will provide for the Fund a continuing and suitable investment program consistent with the investment policies, objectives and restrictions of the Fund, as established by the Fund and the Adviser Manager and provided to the Sub-Adviser in writing. The current policies, objectives and restrictions are attached hereto as Exhibit A. From time to time, the Adviser Manager or the Fund may provide the Sub-Adviser with written copies of additional or amended investment policies, guidelines and restrictions, which shall become effective at such time as agreed only upon by both partiesthe mutual written agreement of all parties to this Sub-Advisory Agreement. The Sub-Adviser will manage the investment and reinvestment of the Allocated Portion of assets in the Fund, and perform the functions set forth below, subject to the overall supervision, direction, control and review of the AdviserManager, consistent with the applicable investment policies, guidelines and restrictions, or any directions or instructions delivered to the Sub-Adviser in writing by the Adviser Manager or the Fund from time to time, and further subject to the mutual written agreement of all parties to this Sub-Advisory Agreement and the plenary authority of the Fund’s Board of Trustees. Consistent with Exhibit A, or unless otherwise directed in writing by the Adviser Manager or the Fund, the Sub-Adviser shall have full discretionary authority to manage the investment of the Allocated Portion of assets in the Fund, subject to the ultimate supervision and direction of the Trust’s Board of Trustees, including the authority to purchase, sell, cover open positions, and generally to deal in securities, financial and commodity futures contracts, foreign exchange forwards, options, swaps, short-term investment vehicles and other property comprising or relating to the Fund. In addition, the Sub-Adviser will, at its own expense: