Common use of REPRESENTATIONS OF THE ADVISOR Clause in Contracts

REPRESENTATIONS OF THE ADVISOR. (a) The Advisor shall use its best judgment and efforts in rendering the advice and services to the Funds as contemplated by this Agreement. (b) The Advisor shall maintain all licenses and registrations necessary to perform its duties hereunder in good order. (c) The Advisor shall conduct its operations at all times in conformance with the Advisers Act, the Investment Company Act, and any other applicable state and/or self-regulatory organization regulations. (d) The Advisor shall maintain errors and omissions insurance in the following amounts throughout the term of this Agreement: Total Assets of the Funds E & O Policy Limit Up to $500 million $ 1 million $500 million - $1 billion $ 2 million $1 billion - $1.5 billion $ 3 million $1.5 billion - $2 billion $ 4 million Above $2 billion $ 5 million

REPRESENTATIONS OF THE ADVISOR. (a) The Advisor shall use its best judgment and efforts in rendering the advice and services to the Funds as contemplated by this Agreement. (b) The Advisor shall maintain all licenses and registrations necessary to perform its duties hereunder in good order. (c) The Advisor shall conduct its operations at all times in conformance with the Advisers Act, the Investment Company Act, and any other applicable state and/or self-regulatory organization regulations. (d) The Advisor shall maintain errors and omissions insurance in the following amounts throughout the term of this Agreement: Total Assets of the Funds E & O 0 Policy Limit Up to $500 million $ 1 million $500 million - $1 billion $ 2 million $1 billion - $1.5 billion $ 3 million $1.5 billion - $2 billion $ 4 million Above $2 billion $ 5 million

REPRESENTATIONS OF THE ADVISOR. (a) The Advisor shall use its best judgment and efforts in rendering the advice and services to the Funds Fund as contemplated by this Agreement. (b) The Advisor shall maintain all licenses and registrations necessary to perform its duties hereunder in good order. (c) The Advisor shall conduct its operations at all times in conformance with the Advisers Act, the Investment Company Act, and any other applicable state and/or self-regulatory organization regulations. (d) The Advisor shall maintain errors and omissions insurance in the following amounts throughout the term of this Agreement: Total Fund Assets of the Funds E & O Policy Limit ------------------------------------------ ----------------------- Up to $500 million $ $1 million $500 million - $1 billion $ $2 million $1 billion - $1.5 billion $ $3 million $1.5 billion - $2 billion $ $4 million Above $2 billion $ $5 million

REPRESENTATIONS OF THE ADVISOR. (a) The Advisor shall use its best judgment and efforts in rendering the advice and services to the Funds as contemplated by this Agreement. (b) The Advisor shall maintain all licenses and registrations necessary to perform its duties hereunder in good order. (c) The Advisor shall conduct its operations at all times in conformance with the Advisers Act, the Investment Company Act, and any other applicable state and/or self-regulatory organization regulations. (d) The Advisor shall maintain errors and omissions insurance in the following amounts throughout the term of this Agreement: Total Assets of the Funds E & O Policy Limit Up to $500 million $ $1 million $500 million - $1 billion $ $2 million $1 billion - $1.5 billion $ $3 million $1.5 billion - $2 billion $ $4 million Above $2 billion $ $5 million

REPRESENTATIONS OF THE ADVISOR. (a) The Advisor shall use its best judgment and efforts in rendering the advice and services to the Funds Fund as contemplated by this Agreement. (b) The Advisor shall maintain all licenses and registrations necessary to perform its duties hereunder in good order. (c) The Advisor shall conduct its operations at all times in conformance with the Advisers Act, the Investment Company Act, and any other applicable state and/or self-regulatory organization regulations. (d) The Advisor shall maintain errors and omissions insurance in the following amounts throughout the term of this Agreement: Total Fund Assets of the Funds E & O Policy Limit ------------------------------------------ ------------------------------ Up to $500 million $ $1 million $500 million - $1 billion $ $2 million $1 billion - $1.5 billion $ $3 million $1.5 billion - $2 billion $ $4 million Above $2 billion $ $5 million

REPRESENTATIONS OF THE ADVISOR. (a) The Advisor shall use its best judgment and efforts in rendering the advice and services to the Funds as contemplated by this Agreement. (b) The Advisor shall maintain all licenses and registrations necessary to perform its duties hereunder in good order. (c) The Advisor shall conduct its operations at all times in conformance with the Investment Advisers ActAct of 1940, the Investment Company ActAct of 1940, and any other applicable state and/or self-regulatory organization regulations. (d) The Advisor shall maintain errors and omissions insurance in the following amounts throughout the term of this Agreement: . Total Fund Assets of the Funds E & O Policy Limit -------------------------------------------- Up to $500 million $ 1 million $1,000,000 $500 million - $1 billion $ 2 million $2,000,000 $1 billion - $1.5 billion $ 3 million $3,000,000 $1.5 billion - $2 billion $ 4 million $4,000,000 Above $2 billion $ 5 million$5,000,000

REPRESENTATIONS OF THE ADVISOR. (a) The Advisor shall use its best judgment and efforts in rendering the advice and services to the Funds as contemplated by this Agreement. (b) The Advisor shall maintain all licenses and registrations necessary to perform its duties hereunder in good order. (c) The Advisor shall conduct its operations at all times in conformance with the Advisers Act, the Investment Company Act, and any other applicable state and/or self-regulatory organization regulations. (d) The Advisor shall maintain errors and omissions insurance in the following amounts throughout the term of this Agreement: Total Assets of the Funds E & O Policy Limit Up to $500 million $ $1 million $500 million - $1 billion $ $2 million $1 billion - $1.5 billion $ $3 million $1.5 billion - $2 billion $ $4 million Above $2 billion $ $5 million

REPRESENTATIONS OF THE ADVISOR. (a) The Advisor shall use its best judgment and efforts in rendering the advice and services to the Funds as contemplated by this Agreement. (b) The Advisor shall maintain all licenses and registrations necessary to perform its duties hereunder in good order. (c) The Advisor shall conduct its operations at all times in conformance with the Advisers Act, the Investment Company Act, and any other applicable state and/or self-regulatory organization regulations. (d) The Advisor shall maintain errors and omissions insurance in the following amounts throughout the term of this Agreement: Total Assets of the Funds E & O Policy Limit -------------------------------------------------------------- Up to $500 million $ $1 million $500 million - $1 billion $ $2 million $1 billion - $1.5 billion $ $3 million $1.5 billion - $2 billion $ $4 million Above $2 billion $ $5 million

REPRESENTATIONS OF THE ADVISOR. (a) The Advisor shall use its best judgment and efforts in rendering the advice and services to the Funds Fund as contemplated by this Agreement. (b) The Advisor shall maintain all licenses and registrations necessary to perform its duties hereunder in good order. (c) The Advisor shall conduct its operations at all times in conformance with the Advisers Act, the Investment Company Act, and any other applicable state and/or self-regulatory organization regulations. (d) The Advisor shall maintain errors and omissions insurance in the following amounts throughout the term of this Agreement: Total Fund Assets of the Funds E & O Policy Limit ------------------------------------------ ----------------------------- Up to $500 million $ $1 million $500 million - $1 billion $ $2 million $1 billion - $1.5 billion $ $3 million $1.5 billion - $2 billion $ $4 million Above $2 billion $ $5 million