Common use of Retention of Sub-Advisor Clause in Contracts

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.

Appears in 38 contracts

Samples: Investment Advisory Agreement (Northern Lights Fund Trust), Investment Advisory Agreement (Northern Lights Fund Trust), Investment Advisory Agreement (Northern Lights Fund Trust)

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Retention of Sub-Advisor. Subject to the Trust's ’s obtaining the initial and periodic approvals required under Section 15 of the Act, the Advisor may retain one or more sub-advisersadvisors, at the Advisor's ’s own cost and expense, for the purpose of managing the investments of the assets of one or more Funds of the TrustFund. Retention of one or more sub-advisers advisors shall in no way reduce the responsibilities or obligations of the Advisor under this Agreement and the Advisor shall, subject to Section 9 6 of this Agreement, be responsible to the Trust for all acts or omissions of any sub-adviser advisor in connection with the performance of the Advisor's ’s duties hereunder.

Appears in 8 contracts

Samples: Investment Advisory Agreement (Spinnaker ETF Series), Investment Advisory Agreement (Spinnaker ETF Series), Investment Advisory Agreement (Spinnaker ETF Series)

Retention of Sub-Advisor. Subject to the Trust's ’s obtaining the initial and periodic approvals required under Section 15 of the Act, the Advisor may retain one or more sub-advisersadvisors, at the Advisor's ’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 advisors shall in no way reduce the responsibilities or obligations of the Advisor under this Agreement and the Advisor shall, subject to Section 9 6 of this Agreement, be responsible to the Trust for all acts or omissions of any sub-adviser advisor in connection with the performance of the Advisor's ’s duties hereunder.

Appears in 6 contracts

Samples: Investment Advisory Agreement (Starboard Investment Trust), Investment Advisory Agreement (Starboard Investment Trust), Investment Advisory Agreement (Starboard Investment Trust)

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-advisersadvisors, 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 advisors shall in no way reduce the responsibilities or obligations of the Advisor under this Agreement and the Advisor shall, subject to Section 9 6 of this Agreement, be responsible to the Trust for all acts or omissions of any sub-adviser advisor in connection with the performance of the Advisor's duties hereunder.

Appears in 4 contracts

Samples: Investment Advisory Agreement (Starboard Investment Trust), Investment Advisory Agreement (Leeward Investment Trust), Investment Advisory Agreement (Starboard Investment Trust)

Retention of Sub-Advisor. Subject to the Trust's ’s obtaining the initial and periodic approvals required under Section 15 of the Act, the Advisor may retain one or more sub-advisersadvisors, at the Advisor's ’s own cost and expense, for the purpose of managing the investments of the assets of one or more Funds of the Trusta Fund. Retention of one or more sub-advisers advisors shall in no way reduce the responsibilities or obligations of the Advisor under this Agreement and the Advisor shall, subject to Section 9 6 of this Agreement, be responsible to the Trust for all acts or omissions of any sub-adviser advisor in connection with the performance of the Advisor's ’s duties hereunder.

Appears in 3 contracts

Samples: Investment Advisory Agreement (Spinnaker ETF Series), Investment Advisory Agreement (Spinnaker ETF Series), Investment Advisory Agreement (Spinnaker ETF Series)

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-advisersadvisers (each, a “Sub-Adviser”), 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 subSub-advisers 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 subSub-adviser Adviser in connection with the performance of the Advisor's duties hereunder.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Northern Lights Variable Trust), Investment Advisory Agreement (Northern Lights Variable Trust)

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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-advisersadvisors, 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 advisors shall in no way reduce the responsibilities or obligations of the Advisor under this Agreement and the Advisor shall, subject to Section 9 6 of this Agreement, be responsible to the Trust for all acts or omissions of any sub-adviser advisor in connection with the performance of the Advisor's duties hereunder.

Appears in 1 contract

Samples: Investment Advisory Agreement (Spinnaker ETF Trust)

Retention of Sub-Advisor. Subject to the Trust's ’s obtaining the initial and periodic approvals required under Section 15 of the Act, the Advisor may retain one or more sub-advisersadvisors, at the Advisor's ’s own cost and expense, for the purpose of managing the investments of the assets of one or more Funds of the TrustFunds. Retention of one or more sub-advisers advisors shall in no way reduce the responsibilities or obligations of the Advisor under this Agreement and the Advisor shall, subject to Section 9 6 of this Agreement, be responsible to the Trust for all acts or omissions of any sub-adviser advisor in connection with the performance of the Advisor's ’s duties hereunder.

Appears in 1 contract

Samples: Investment Advisory Agreement (Spinnaker ETF Series)

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-advisersadvisors, at the Advisor's own cost and expense, for the purpose of managing the investments of the assets of one or more Funds the Fund of the Trust. Retention of one or more sub-advisers advisors shall in no way reduce the responsibilities or obligations of the Advisor under this Agreement and the Advisor shall, subject to Section 9 6 of this Agreement, be responsible to the Trust for all acts or omissions of any sub-adviser advisor in connection with the performance of the Advisor's duties hereunder.

Appears in 1 contract

Samples: Investment Advisory Agreement (Starboard Investment Trust)

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