Retention of BISYS. The Trust hereby retains BISYS to act as the administrator of the Trust and to furnish the Trust and Funds with the management and administrative services as set forth in Article 2 below. BISYS hereby accepts such appointment to perform the duties set forth below. BISYS shall, for all purposes herein, be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Trust in any way and shall not be deemed an agent of the Trust.
Appears in 5 contracts
Samples: Administration Agreement (Variable Insurance Funds), Administration Agreement (Variable Insurance Funds), Administration Agreement (Kensington Funds)
Retention of BISYS. The Trust hereby retains BISYS to act as the administrator of the Trust and to furnish the Trust and Funds with the management and administrative services as set forth in Article Section 2 below. BISYS hereby accepts such appointment to perform the duties set forth below. BISYS shall, for all purposes herein, be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Trust in any way and shall not be deemed an agent of the Trust.
Appears in 2 contracts
Samples: Administration Agreement (Performance Funds Trust), Administration Agreement (Performance Funds Trust)
Retention of BISYS. The Trust hereby retains BISYS to act as the administrator of the Trust and to furnish the Trust and Funds with the management and administrative services as set forth in Article Section 2 below. BISYS hereby accepts such appointment to perform the duties set forth below. BISYS shall, for all purposes herein, be deemed to be an independent contractor and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Trust in any way and shall not be deemed an agent of the TrustTrust other than as descried herein.
Appears in 1 contract
