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, in such form as may be mutually agreed to by the parties hereto, concerning transactions and performance of the Portfolio, including information required in the Registration Statement or information necessary for the Investment Manager to review the Portfolio or discuss the management of it. The Sub-Adviser shall permit the books and records maintained with respect to the Portfolio to be inspected and audited by the Trust, 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 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 Portfolio or the Trust. The Sub-Adviser shall promptly notify the Investment Manager of any changes in any information regarding the Sub-Adviser or the investment program for the Portfolio as described in the Registration Statement.

Reports by the Sub-Adviser. The Sub-Adviser shall furnish the Investment Manager monthly, quarterly and annual -------------------------- annual reports, in such form as may be mutually agreed to by the parties hereto, concerning transactions and performance of the PortfolioFund, including information required in the Registration Statement or information necessary for the Investment Manager to review the Portfolio Fund or discuss the management of it. The Sub-Adviser shall permit the books and records maintained with respect to the Portfolio Fund to be inspected and audited by the TrustCompany, 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 Trust 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 Portfolio Fund or the TrustCompany. The Sub-Adviser shall promptly notify the Investment Manager of any changes in any information regarding the Sub-Adviser or the investment program for the Portfolio Fund as described in the Registration Statement.

Reports by the Sub-Adviser. The Sub-Adviser shall furnish the Investment Manager monthly, quarterly and -------------------------- annual reports, in -------------------------- such form as may be mutually agreed to by the parties hereto, concerning transactions and performance of the PortfolioFund, including information required in the Registration Statement or information necessary for the Investment Manager to review the Portfolio Fund or discuss the management of it. The Sub-Adviser shall permit the books and records maintained with respect to the Portfolio Fund to be inspected and audited by the TrustCompany, 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 Trust 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 Portfolio Fund or the TrustCompany. The Sub-Adviser shall promptly notify the Investment Manager of any changes in any information regarding the Sub-Adviser or the investment program for the Portfolio Fund as described in the Registration Statement.