Retention of Sub-Advisor. Subject to the Trust's obtaining the initial and periodic approvals required under Section 15 of the Act, the Advisor may retain one or more sub-advisers, at the Advisor's own cost and expense, for the purpose of managing the investments of the assets of one or more Funds of the Trust. Retention of one or more sub-advisers shall in no way reduce the responsibilities or obligations of the Advisor under this Agreement and the Advisor shall, subject to Section 9 of this Agreement, be responsible to the Trust for all acts or omissions of any sub-adviser in connection with the performance of the Advisor's duties hereunder.
Retention of Sub-Advisor. Advisor hereby retains Sub-Advisor to assist Advisor in its capacity as investment advisor for the Sub-Fund. Subject to the oversight and review of Advisor and the Board of Directors of the Fund, Sub-Advisor shall manage the investment and reinvestment of the assets of the Sub-Fund. Sub-Advisor will determine in its discretion, subject to the general oversight and review of Advisor, the investments to be purchased or sold, will provide Advisor with records concerning its activities which Advisor or the Fund is required to maintain and will render regular reports to Advisor and to officers and Directors of the Fund concerning its discharge of the foregoing responsibilities.
Retention of Sub-Advisor. The Advisor hereby employs the Sub-Advisor to assist the Advisor in managing the investment and reinvestment of the assets of the Fund, including overseeing the day-to-day management of the Fund’s investment portfolio, subject to the supervision of the Advisor and the Board, upon the terms set forth herein.
Retention of Sub-Advisor. Subject to obtaining the initial and periodic approvals required under Section 15 of the 1940 Act, Manager may retain one or more sub-advisors at Manager's own cost and expense for the purpose of furnishing one or more of the services described in Section 1 hereof with respect to Trust or one or more Portfolios. Retention of a sub-adviser shall in no way reduce the responsibilities or obligations of Manager under this Agreement, and Manager shall be responsible to Trust and its Portfolios for all acts or omissions of any sub-adviser in connection with the performance of Manager's duties hereunder.
Retention of Sub-Advisor. The Advisor hereby retains the Sub-Advisor to assist the Advisor in managing the investment and reinvestment of the assets of the Company, subject to the supervision of the Advisor and the board of trustees of the Company (the “Board of Trustees”), upon the terms herein set forth:
(i) in accordance with the investment objective, policies and restrictions that are set forth in the Company’s Registration Statement on Form 10 as declared effective by the Securities and Exchange Commission (the “SEC”), as amended or superseded from time to time (the “Registration Statement”); and
(ii) in accordance with applicable federal and state laws, rules and regulations, and the Company’s Amended and Restated Declaration of Trust, as further amended from time to time (the “Declaration of Trust”).
Retention of Sub-Advisor. (a) Advisor hereby retains Sub-Advisor to assist Advisor in its capacity as investment advisor for the Fund. Subject to the oversight and review of Advisor and the Board of Trustees of the Company, Sub-Advisor shall manage the investment and reinvestment of the assets of the Fund. Sub-Advisor will determine in its discretion, subject to the oversight and review of Advisor, the investments to be purchased or sold, will provide Advisor with records concerning its activities which Advisor or the Company is required to maintain and will render regular reports to Advisor and to officers and Trustees of the Company concerning its discharge of the foregoing responsibilities.
(b) Sub-Advisor, in its supervision of the investments of the Fund, will be guided by the Fund's investment objectives and policies and the provisions and restrictions contained in the Declaration of Trust and Bylaws of the Company and as set forth in the Registration Statement and exhibits as may be on file with the Securities and Exchange Commission, all as communicated by Advisor to Sub-Advisor. Advisor hereby undertakes to provide Sub-Advisor with copies of such Declaration of Trust and Bylaws and Registration Statement and exhibits as well as any amendments as the same become available from time to time.
Retention of Sub-Advisor. Advisor hereby retains Sub-Advisor to assist Advisor in its capacity as investment adviser for the Portfolios. Subject to the oversight and review of Advisor and the Board of Trustees of the Trust, Sub-Advisor shall manage the investment and reinvestment of the assets of the Portfolios and shall, in the name of the Portfolios, place orders for the execution of the Portfolios' portfolio transactions. Sub-Advisor will maintain records adequately demonstrating Sub-Advisor's compliance with its obligations under this Agreement and will furnish to Advisor and the Trust's Board of Trustees such periodic and special reports as each may reasonably request. Sub-Advisor, in its supervision of the investments of the Portfolios, will be guided by the Portfolios' investment objectives and policies and the provisions and restrictions contained in the Declaration of Trust and By-Laws of the Trust and as set forth in the Registration Statement and exhibits as may be on file with the SEC, all of which have been provided by Advisor to Sub-Advisor as of the date this Agreement is executed by the parties hereto. Advisor hereby undertakes to provide Sub-Advisor with copies of such Declaration of Trust and Bylaws and Registration Statement and exhibits as well as any amendments as the same become available from time to time. Sub-Advisor shall be deemed to be an independent contractor under this Agreement and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Trust or any Portfolio in any way or otherwise be deemed an agent of the Trust or any Portfolio. The services furnished by Sub-Advisor hereunder are deemed not to be exclusive, and nothing in this Agreement shall (i) prevent Sub-Advisor or any affiliated person (as defined in the Act) of Sub-Advisor from acting as investment adviser or manager for any other person or persons, including other management investment companies with investment objectives and policies the same as or similar to those of the Portfolios, or (ii) limit or restrict Sub-Advisor or any such affiliated person from buying, selling or trading any securities or other investments (including any securities or other investments which the Portfolios are eligible to buy) for its or their own accounts or for the accounts of others from whom it or they may be acting; provided, however, that Sub-Advisor agrees that, in performing its obligations under this Agreement, Sub-Advisor will not take any action, which in...
Retention of Sub-Advisor. Advisor hereby retains Sub-Advisor to assist Advisor in its capacity as investment adviser for the Sub-Trusts. Subject to the oversight and review of Advisor and the Board of Trustees of the Trust, Sub-Advisor shall manage the investment and reinvestment of the assets of the Sub-Trusts. Sub-Advisor will determine in its discretion, subject to the oversight and review of Advisor, the investments to be purchased or sold, will provide Advisor with records concerning its activities which Sub-Advisor is required to maintain by applicable law or regulation, and will render regular reports as Advisor may reasonably request to Advisor and to officers and Trustees of the Trust concerning its discharge of the foregoing responsibilities. Subject to paragraph 5 hereof, Sub-Advisor, in its supervision of the investments of the Sub-Trusts, will be guided by each Sub-Trust's investment objectives and policies and the provisions and restrictions contained in the Declaration of Trust and By-Laws of the Trust and as set forth in the Registration Statement and exhibits as may be on the file with the Securities and Exchange Commission, all as communicated by Advisor to Sub-Advisor. Sub-Advisor shall be deemed to be an independent contractor under this Agreement and, unless otherwise expressly provided or authorized, shall have no authority to act for or represent the Trust or any Sub-Trust in any way or otherwise be deemed an agent of the Trust or any Sub-Trust.
