Common use of Reports by the Sub-Adviser Clause in Contracts

Reports by the Sub-Adviser. The Sub-Adviser shall furnish the Investment Manager monthly, quarterly and annual -------------------------- reports, as may reasonably be requested by the Investment Manager concerning the transactions, performance, and compliance of the Fund so that the Investment Manager may review such matters and discuss the management of the Fund. The Sub-Adviser shall permit the books and records maintained with respect to the Fund to be inspected and audited by the Company, the Investment Manager or their respective agents at all reasonable times during normal business hours upon reasonable notice. The Sub-Adviser shall immediately notify both the Investment Manager and the Company of any legal process served upon it in connection with its activities hereunder, including any legal process served upon it on behalf of the Investment Manager, the Fund or the Company. The Sub-Adviser shall promptly notify the Investment Manager of (1) any changes in any information regarding the Sub-Adviser or the investment program for the Fund disclosed in the Company's Registration Statement, or (2) any violation of any requirement, provision, policy or restriction that the Sub-adviser is required to comply with under Section 1 of this Agreement. Notwithstanding the foregoing, the Sub-Adviser is not required to provide proprietary information to the Investment Manager not otherwise required for the Sub-Adviser to perform its responsibilities pursuant to this Agreement; nor is the Sub-Adviser responsible for Fund accounting or required to generate information derived from Fund accounting data.

Reports by the Sub-Adviser. The Sub-Adviser shall furnish the Investment Manager monthly, quarterly and annual -------------------------- reports, as may reasonably be requested by the Investment Manager concerning the transactions, performance, and compliance of the Fund Portfolio so that the Investment Manager may review such matters and discuss the management of the FundPortfolio. The Sub-Adviser shall permit the books and records maintained with respect to the Fund Portfolio to be inspected and audited by the CompanyTrust, the Investment Manager or their respective agents at all reasonable times during normal business hours upon reasonable prior written notice. The Sub-Adviser shall immediately notify both the Investment Manager and the Company Trust of any legal process served upon it in connection with its activities hereunder, including any legal process served upon it on behalf of the Investment Manager, the Fund Portfolio or the CompanyTrust. The Sub-Adviser shall promptly notify the Investment Manager of (1) any changes in any information regarding the Sub-Adviser or the investment program for the Fund Portfolio required to be disclosed in the CompanyTrust's Registration Statement, or (2) any violation of any requirement, provision, policy or restriction that the Sub-adviser advisor is required to comply with under Section 1 of this Agreement. Notwithstanding the foregoing, the Sub-Adviser is not required to provide proprietary information to the Investment Manager not otherwise required for the Sub-Adviser to perform its responsibilities pursuant to this Agreement; nor is the Sub-Adviser responsible for Fund accounting or required to generate information derived from Fund accounting data.

Reports by the Sub-Adviser. The Sub-Adviser shall furnish the Investment Manager monthly, quarterly and annual -------------------------- reports, as may reasonably be requested by the Investment Manager concerning the transactions, performance, and compliance of the Fund Portfolio so that the Investment Manager may review such matters and discuss the management of the FundPortfolio. The Sub-Adviser shall permit the books and records maintained with respect to the Fund Portfolio to be inspected and audited by the CompanyTrust, the Investment Manager or their respective agents at all reasonable times during normal business hours upon reasonable notice. The Sub-Adviser shall immediately notify both the Investment Manager and the Company Trust of any legal process served upon it in connection with its activities hereunder, including any legal process served upon it on behalf of the Investment Manager, the Fund Portfolio or the CompanyTrust. The Sub-Adviser shall promptly immediately notify the Investment Manager of (1) any changes in any information regarding the Sub-Adviser or the investment program for the Fund Portfolio disclosed in the CompanyTrust's Registration Statement, or (2) any violation of any requirement, provision, policy or restriction that the Sub-adviser Adviser is required to comply with under Section 1 of this Agreement. Notwithstanding the foregoing, the Sub-Adviser is not required to provide proprietary information to the Investment Manager not otherwise required for the Sub-Adviser to perform its responsibilities pursuant to this Agreement; nor is the Sub-Adviser responsible for Fund Portfolio accounting or required to generate information derived from Fund Portfolio accounting data.

Reports by the Sub-Adviser. The Sub-Adviser shall furnish the Investment Manager monthly, quarterly and annual -------------------------- reports, as may reasonably be requested by the Investment Manager concerning the transactions, performance, and compliance of the Fund Portfolio so that the Investment Manager may review such matters and discuss the management of the FundPortfolio. The Sub-Adviser shall permit the books and records maintained with respect to the Fund Portfolio to be inspected and audited by the CompanyTrust, the Investment Manager or their respective agents at all reasonable times during normal business hours upon reasonable notice. The Sub-Adviser shall immediately notify both the Investment Manager and the Company Trust of any legal process served upon it in connection with its activities hereunder, including any legal process served upon it on behalf of the Investment Manager, the Fund Portfolio or the CompanyTrust. The Sub-Adviser shall promptly notify the Investment Manager of (1) any changes in any information regarding the Sub-Adviser or the investment program for the Fund Portfolio disclosed in the CompanyTrust's Registration Statement, or (2) any violation of any requirement, provision, policy or restriction that the Sub-adviser Adviser is required to comply with under Section 1 of this Agreement. Notwithstanding the foregoing, the Sub-Adviser is not required to provide proprietary information to the Investment Manager not otherwise required for the Sub-Adviser to perform its responsibilities pursuant to this Agreement; nor is the Sub-Adviser responsible for Fund Portfolio accounting or required to generate information derived from Fund Portfolio accounting data.

Reports by the Sub-Adviser. The Sub-Adviser shall furnish the Investment Manager monthly, quarterly and annual -------------------------- reports, as may reasonably be requested by the Investment Manager concerning the transactions, performance, and compliance of the Fund Portfolio so that the Investment Manager may review such matters and discuss the management of the FundPortfolio. The Sub-Adviser shall permit the books and records maintained with respect to the Fund Portfolio to be inspected and audited by the CompanyTrust, the Investment Manager or their respective agents at all reasonable times during normal business hours upon reasonable notice. The Sub-Adviser shall immediately notify both the Investment Manager and the Company Trust of any legal process served upon it in connection with its activities hereunder, including any legal process served upon it on behalf of the Investment Manager, the Fund Portfolio or the CompanyTrust. The Sub-Adviser shall promptly immediately notify the Investment Manager of (1) any changes in any information regarding the Sub-Adviser or the investment program for the Fund Portfolio disclosed in the CompanyTrust's Registration Statement, or (2) any violation of any requirement, provision, policy or restriction that the Sub-adviser Adviser is required to comply with under Section 1 of this Agreement. Notwithstanding the foregoing, the Sub-Adviser is not required to provide proprietary information to the Investment Manager not otherwise required for the Sub-Adviser to perform its responsibilities pursuant to this Agreement; nor is the Sub-Adviser responsible for Fund Portfolio accounting or required to generate information derived from Fund Portfolio accounting data.

Reports by the Sub-Adviser. The Sub-Adviser shall furnish the Investment Manager monthly, quarterly and annual -------------------------- reports, as may reasonably be requested by the Investment Manager concerning the transactions, performance, and compliance of the Fund so that the Investment Manager may review such matters and discuss the management of the Fund. The Sub-Adviser shall permit the books and records maintained with respect to the Fund to be inspected and audited by the Company, the Investment Manager or their respective agents at all reasonable times during normal business hours upon reasonable notice. The Sub-Adviser shall immediately notify both the Investment Manager and the Company of any legal process served upon it in connection with its activities hereunder, including any legal process served upon it on behalf of the Investment Manager, the Fund or the Company. The Sub-Adviser shall promptly notify the Investment Manager of (1) any changes in any information regarding the Sub-Adviser or the investment program for the Fund disclosed in the Company's Registration Statement, or (2) any violation of any requirement, provision, policy or restriction that the Sub-adviser is required to comply with under Section 1 of this Agreement. Notwithstanding the foregoing, the Sub-Adviser is not required to provide proprietary information to the Investment Manager not otherwise required for the Sub-Adviser to perform its responsibilities pursuant to this Agreement; nor is the Sub-Adviser responsible for Fund accounting or required to generate information derived from Fund accounting data.