Scope of the Engagement. Bankmark's primary responsibility within the scope and term of the engagement is to provide project management, resource identification, and resource management in conjunction with the client and facilitate the capital acquisition phase of the project. Bankmark's role during the organizational phase usually is or can be: • Presentation with core group members of the opportunity to new perspective organizers/directors. It's Bankmark's success rate, performance, and clear understanding of the process that is articulated during these meeting. This establishes the credibility that most investors are seeking before they put any funds at risk. Bankmark provides a new group the ability to say, "We have with us as partners a firm that has been there and done that...and recently". • A diverse group of industry experts in all areas required to open a bank: corresponding bank relationships, project financing, equipment, technology, legal, accounting, operations, facilities that are capable of providing a turn key bank with custom features or select needs based on specific client request. It is important to realize that opening a bank is far more complex a process and requires a different skill set than managing a bank on a day-to-day basis that is already in operation. • Over the years and especially more recently, organizers, directors, and management continuously infer we "help them see around the corner". Meaning that at any point during the process, we are able to advise our clients as to what's ahead and the impact of options being considered or plans in the queue. The process allows clients to more thoroughly evaluate an element under consideration that may not produce the result desired by the bank's organizing group. If necessary, the group is encouraged to visit banks which have recently opened to better understand the impact and ramifications of their own decisions. • Bankmark provides project management and tools, which allow the group to interact with their area of expertise or assignment in the project management process. Our client bank PM programs are built in MS Project and use, as baseline data, our most recently completed projects' timeline information. This process assures all elements to opening in a timely manner and within budget. • The keystone to the Bankmark process is the capital acquisition programs built, supported, and implemented at each bank location by trained Bankmark staff. • Determination of charter and review of new filing procedur...
Scope of the Engagement. The Trust is seeking to equitize the cash balances of certain of its mutual fund portfolios (each, a “Fund”). ABA, as authorized by the Trust, will manage the underlying cash balances and has directed State Street under the terms of the Agreement to purchase or sell futures or forwards contracts to maintain appropriate equity and currency exposure as directed by ABA under the Agreement. ABA hereby directs State Street to equitize ninety percent (90%) of the entire cash balance of each Fund in order to maintain exposure for each Fund’s liquid assets on a daily basis, and to purchase for each Fund, as needed, foreign exchange forwards contracts for the purpose of minimizing currency exposure, until otherwise directed in writing by ABA for each Fund. In determining the entire cash balance of a Fund, State Street is hereby instructed by ABA to exclude the dollar value of pending securities buys and include the dollar value of pending securities sells for such Fund. For the Funds to be equitized, the equitized amounts, the futures contracts used, the list of approved futures commission merchants, and the benchmark for the use of forwards for currency exposure are listed below. ABA may in its judgment direct State Street to implement the equitization using futures or forwards contracts other than those listed below by providing written instruction to State Street.
Scope of the Engagement. (a) The Fund shall promptly turn over to the Company:
(i) originals or copies of any Accounts and Records previously maintained by or for it or,
(ii) if such records have not been previously created or maintained, any data required to establish and bring current such Accounts and Records.
(b) Thereafter, the Fund shall promptly transmit to the Company, and instruct any other agents for the Fund to promptly transmit to the Company, all information required for the maintenance of correct and accurate Accounts and Records for the Fund.
(c) The Fund acknowledges that such Accounts and Records, and information related thereto, are necessary for the Company to perform its functions under this Agreement.
(d) The Fund authorizes the Company to rely on Accounts and Records turned over to it, and information provided to it, by the Fund or its agents. The Fund hereby indemnifies and holds the Company, its successors and assigns harmless of and from any and all expenses, damages, claims, suits, liabilities, actions, demands and losses whatsoever arising out of or in connection with any error, omission, inaccuracy or other deficiency of such Accounts and Records, or such information, or due to the failure of the Fund to provide any portion of such Accounts and Records, or to provide any additional information needed by the Company to knowledgeably perform its functions, within a reasonable time after requested by the Company.
(e) The Company shall make reasonable efforts to isolate and correct any inaccuracies, omissions, discrepancies, or other deficiencies in the Accounts and Records delivered to the Company, to the extent such matters are disclosed to the Company or are discovered by it and are relevant to its performance of its functions under this Agreement. The Fund shall provide the Company with such assistance as it may reasonably request in connection with its efforts to correct such matters.
(f) The Fund agrees to pay Company on a current and ongoing basis for the Company's reasonable time and costs required for the correction of any errors or omissions in the Accounts and Records delivered, or the information provided, to Company by the Fund. Any such payment shall be in addition to the fees and charges payable to the Company under this Agreement as set forth in Schedule A attached hereto (which provides for services normally contemplated to be rendered under this Agreement), provided that approval of the amount of such payments shall be obtained in advance ...
Scope of the Engagement. A. Depending upon Client’s needs, Advisor will provide Client with recommendations for the financial matters set forth below.
i. Review the basics of sound financial strategy at your stage in life;
ii. Recommendation of holistic financial strategy;
iii. Recommendation of possible tax strategies to consider;
iv. Review of current asset allocation and investment location;
v. Evaluation of performance of current investments;
vi. Recommendation of savings plan and retirement considerations;
vii. Considerations when buying your first home and/or mortgage review.
viii. Analysis of credit score, student loans, and debt;
ix. Financial considerations when getting married and/or starting a family;
x. Cost/benefit analysis of pursuing an under-graduate or graduate degree.
xi. Review of Financial Life Cycle position;
xii. Other related topics such as insurance review, budgeting and/or goal setting; and
xiii. From time to time, and as requested by Client, Advisor will provide advice on various financial matters impacting Client or Client’s immediate family
B. Advisor will annually compute the amount of tax or refund due to Client on the basis of the information furnished by Client for all individual, federal, and state taxes. Advisor will prepare the forms and schedules necessary to properly report Client’s income, adjustments, expenditures, deductions, exemptions and other information required for individual returns.
C. Advisor shall be responsible for the investment of the cash and securities designated by Client to be subject to Advisor's management (hereafter referred to as the “Account”) according to Client's investment objectives, risk tolerance, investment time horizon, and any restrictions placed on the account. Client authorizes Advisor with discretionary authority to manage Client’s cash and securities and Advisor accepts this authority to manage the Account. In granting this discretionary authority, Advisor has full authority to select, purchase, and sell securities for Client’s Account, including the amounts, and to place orders with custodians to execute transactions in Client’s Account, all without prior consultation with Client. Unless Client has identified to Advisor to the contrary, there are NO restrictions imposed upon Advisor with respect to the management of Client’s securities.
D. In the event that Advisor’s investment management services include assets held in a Client’s retirement plan account sponsored by Client’s employer, Client acknowledges ...
Scope of the Engagement. This Agreement will continue for a period of six months from its effective date unless extended or terminated early by mutual consent; except the Company acknowledges that the provisions of Sections B.2. through B.7. and Addendum A shall survive any termination of the Agreement. During the term hereof, MGCO will use its best efforts to provide the following services to the Company:
1. MGCO will first provide financial advisory services in connection with planning and executing the Acquisitions.
2. If needed for presentations to investors and/or lenders, MGCO will prepare a comprehensive information memorandum and business plan and/or detailed projections.
3. MGCO will prepare any presentation materials deemed necessary for meetings with investors and/or lenders.
4. If requested, MGCO will introduce the Company to institutional investors interested in a Private Placement (as herein defined), assist in negotiating the terms of the transaction, and facilitating the closing.
5. MGCO will introduce the Company to lenders interested in providing a senior credit facility and will assist in negotiating and facilitating the closing.
6. MGCO will provide such other financial advisory services as deemed necessary which are related to transaction structure and timing, and other corporate finance matters. Mr. Xxxxxxxx Xxxx Xxxust 14, 1997 Page 2
Scope of the Engagement. 1. The provisions of this Agreement apply in all cases in which the Processor is granted access to personal data within the scope of providing services under the Primary Agreement (hereinafter referred to as “data”) for which the Controller is responsible within the meaning of data protection laws and regulations. In such cases, the Processor is processing data on behalf of and according to the instruction of the Controller within the meaning of Art. 28 GDPR (contract data processing). Within this context, the Controller remains responsible for personal data pursuant to data protection laws and regulations. Accordingly, the Controller is responsible for compliance with all data protection laws and regulations, in particular those of the GDPR, as well as ensuring that the rights of data subjects in connection with personal data are complied with.
2. The Processor processes data in the manner, scope and for the purpose as described below: Types of data Nature and purpose of data processing Categories of data subjects Customer data (last name, first name, invoice address, delivery address, telephone number, email address, payment information) - Processing orders via the web store - Customer identification (customer login) - Customer communication Web store customers The duration of processing corresponds to the term of the Primary Agreement.
3. The Processor is free to anonymize or aggregate the data so that it is no longer possible to identify individual data subjects and to use such data for purposes of needs-oriented design, enhancement and optimization as well as the provision of services agreed pursuant to the Primary Agreement. The parties are in agreement that data that has been anonymized or aggregated as described above no longer comprises personal data within the meaning this Agreement.
4. Data will be processed by the Processor fundamentally within the European Union (“EU”) or in another state party to the Agreement on the European Economic Area (“EEA”). The Processor is likewise permitted to process data from the Controller outside of the EEA subject to compliance with the provisions of this Agreement if it notifies the Controller of the respective location of such data processing in advance and either satisfies the requirements of Art. 44–48 GDPR or an exception applies under Art. 49 GDPR.
Scope of the Engagement. The Trusts are seeking to equitize the cash balances of certain of their respective mutual fund series (each, a "Fund"). ABA, as authorized by the Trusts, will manage the underlying cash balances and has directed State Street under the terms of the Agreement to purchase or sell futures or forwards contracts to maintain appropriate equity and currency exposure as directed by ABA under the Agreement, as amended. State Street will not be responsible for providing reporting on any of the underlying funds. ABA hereby directs State Street to equitize a percentage of the cash balance of each Fund as specified in Section V. in order to maintain exposure for each Fund's liquid assets on a daily basis. With respect to the American Beacon Grosvenor Long/Short Fund (“Grosvenor Fund”), ABA hereby authorizes and instructs State Street to accept written direction from either ABA or Grosvenor Capital Management, L.P. (“GCM”), the fund’s lead subadviser, for any changes to the Grosvenor Fund equitization percentage or futures contracts used. Any changes to the Grosvenor Fund equitization percentage or futures contracts used must be communicated to State Street, using the letter template provided by State Street and attached hereto as Appendix I, at least two days prior to the intended effective date of those changes. Such changes shall become a material part of this Statement of Intent/Operating Procedure unless and until further modified in writing. For Funds other than the Grosvenor Fund, the cash balance shall be the total cash balance of the Fund at the composite fund level, which includes cash of the control account and each underlying subadvisor sleeve. For the Grosvenor Fund, the cash balance shall be only the cash balance of the control account. In determining the cash balance of a Fund other than the Grosvenor Fund, State Street is hereby instructed by ABA to exclude the dollar value of pending securities buys and include the dollar value of pending securities sells for such Fund. For the Funds to be equitized as directed, the equitized percentages, the futures contracts used, and the list of approved futures commission merchants are listed in Sections V, VI, VII and VIII. State Street: Limited Access
Scope of the Engagement. The Fund shall promptly turn over to the Company or request that its previous accounting services agent turn over to the Company originals or copies of any Accounts and Records previously maintained by or for it. The Fund authorizes the Company to rely on Accounts and Records turned over to it, and information provided to it, by the Fund or its agents. The Company shall make reasonable efforts to isolate and correct any inaccuracies, omissions, discrepancies, or other deficiencies in the Accounts and Records delivered to the Company. The Fund shall provide the Company with such assistance as it may reasonably request in connection with its efforts to correct such matters.
Scope of the Engagement. The Trust is seeking to equitize the cash balances of certain of its mutual fund portfolios (each, a “Fund”). ABA, as authorized by the Trust, will manage the underlying cash balances and has directed State Street under the terms of the Agreement to purchase or sell futures or forwards contracts to maintain appropriate equity and currency exposure as directed by ABA under the Agreement. ABA hereby directs State Street to equitize the entire cash balance of each Fund in order to maintain exposure for each Fund’s liquid assets on a daily basis, and to purchase for each Fund, as needed, foreign exchange forwards contracts for the purpose of minimizing currency exposure, until otherwise directed in writing by ABA for each Fund. For the Funds to be equitized, the equitized amounts, the futures contracts used, the list of approved futures commission merchants, and the benchmark for the use of forwards for currency exposure are listed below. ABA may in its judgment direct State Street to implement the equitization using futures or forwards contracts other than those listed below by providing written instruction to State Street.
Scope of the Engagement. The Trusts are seeking to equitize the cash balances of certain mutual fund portfolios (each, a “Fund”) of American Beacon Funds and American Beacon Institutional Funds Trust (the “Trusts”). American Beacon Advisors, Inc. (“ABA”), as authorized by the Trusts, will manage the underlying cash balances and has directed Parametric under the terms of the Agreement to perform certain administrative functions related to the purchase and sale of futures to maintain appropriate equity exposure as directed by ABA under the Agreement. ABA and the Trusts hereby direct Parametric to equitize approximately 100% of the Liquid Assets (as defined in Section 3 of the Agreement) of each Fund (allowing for the fact that there may be de minimis amounts of the cash balance not equitized, as fractional futures contracts cannot be purchased) in order to maintain exposure for each Fund’s Liquid Assets on a daily basis, each in accordance with the instructions in this Schedule A, until otherwise directed in writing by ABA for each Fund. Directions related to the equitized amounts, the futures contracts used and the list of approved futures commission merchants and US Treasury dealers are listed below. ABA may in its judgment direct Parametric to implement the equitization using futures other than those listed below upon written notice to, and acceptance by, Parametric in writing.
