PROXY VOTING RECORDS AND POLICY Clause Samples
The "Proxy Voting Records and Policy" clause defines the requirements for maintaining and disclosing records of proxy votes cast on behalf of clients, as well as the policies governing how such votes are determined. In practice, this clause typically obligates an investment manager or fiduciary to document each proxy vote, retain these records for a specified period, and make both the records and the underlying voting policy available to clients or regulators upon request. Its core function is to promote transparency and accountability in proxy voting, ensuring that clients can review how their interests are represented in corporate governance matters.
PROXY VOTING RECORDS AND POLICY. (a) The Sub-Advisor has adopted and implemented written policies and procedures pursuant to Rule 206(4)-6 of the Investment Advisers Act that are reasonably designed to ensure that the Sub-Advisor votes client securities in the best interest of its clients (the “Proxy Voting Policy”), and the Sub-Advisor has provided a copy of such Proxy Voting Policy to the Fund. The Sub-Advisor agrees to provide a copy of the Proxy Voting Policy to the Fund promptly after any material changes are made, highlighting or summarizing such material changes.
(b) The Sub-Advisor agrees to maintain an accurate summary of any vote cast or proxy granted by the Sub-Advisor on behalf of the Fund (the “Voting Records”), and, upon request, the Sub-Advisor shall provide the Voting Records in the form specified in writing to the Sub-Advisor by the Fund, and the Sub-Advisor’s Chief Compliance Officer shall certify that, with regard to the period identified by the Fund in its request, the Voting Records accurately reflect the votes cast and proxies granted by the Sub-Advisor on behalf of the Fund during the identified period, each of which vote or proxy was cast or granted in compliance with the Sub-Advisor’s Proxy Voting Policy.
PROXY VOTING RECORDS AND POLICY. (a) The Sub-Advisor has adopted and implemented written policies and procedures pursuant to Rule 206(4)-6 of the Investment Advisers Act that are reasonably designed to ensure that the Sub-Advisor votes client securities in the best interest of its clients (the "Proxy Voting Policy") and the Sub-Advisor has provided a copy of such Proxy Voting Policy to the Fund; Sub-Advisor agrees to provide a copy of the Proxy Voting Policy to the Fund promptly after any material changes are made.
(b) Sub-Advisor agrees to provide to the Fund an accurate summary of any vote cast or proxy granted by the Sub-Advisor on behalf of the Fund (the "Voting Records"). As soon as practicable, but no later than 40 days, after the end of the second and fourth calendar quarters, the Sub-Advisor shall provide the Voting Records in the form specified in writing to the Sub-Advisor by the Fund, and the Sub-Advisor's Chief Compliance Officer shall certify that, with regard to the two most recently completed calendar quarters:
(c) The Voting Records accurately reflect the votes cast and proxies granted by the Sub-Advisor on behalf of the Fund during the preceding two quarters, each of which vote or proxy was cast or granted in compliance with the Sub-Advisor's Proxy Voting Policy; and
(d) The Sub-Advisor has provided to the Fund the Sub-Advisor's Proxy Voting Policy that is in effect.