Common use of Selection of Securities Brokers and Dealers Clause in Contracts

Selection of Securities Brokers and Dealers. The Sub-Advisor may select and employ securities brokers and dealers to effect any securities transactions concerning the investment management of the Investment Assets. In the selection of such brokers and dealers by the Sub-Advisor and the placing of orders with them, the Sub-Advisor shall use its best efforts to obtain for the Investment Assets the most favorable net price and execution available except to the extent otherwise provided by Section 28(e) of the Securities Exchange Act of 1934, as amended, or by other applicable law. Notwithstanding anything in this Section 4.6 to the contrary, the Advisor may instruct the Sub-Advisor in writing to engage securities brokers and dealers specified by the Advisor to effect, with respect to the Investment Assets, securities transactions, or particular securities transactions, and the Sub-Advisor shall act in accordance with such instructions. The Sub-Advisor shall not be responsible or liable for any acts or omissions by any broker or dealer selected pursuant to this Section 4.6 provided the Sub-Advisor has acted reasonably in the exercise of due care in the selection of such broker or dealer and has not otherwise participated in, directly or indirectly, such acts or omissions by such broker or dealer.

Selection of Securities Brokers and Dealers. The Sub-Advisor Investment Sub- Adviser may select and employ securities brokers and dealers to effect any securities transactions concerning the investment management of the Investment Assets. In the selection of such brokers and dealers by the Investment Sub-Advisor Adviser and the placing of orders with them, the Investment Sub-Advisor Adviser shall use its best efforts to obtain for the Investment Assets the most favorable net price and execution available except to the extent otherwise provided by Section 28(e) of the Securities Exchange Act of 1934, as amended, or by other applicable law. Notwithstanding anything in this Section 4.6 to the contrary, the Advisor Client may instruct the Sub-Advisor Investment Sub- Adviser in writing to engage securities brokers and dealers specified by the Advisor Client to effect, with respect to the Investment Assets, securities transactions, or particular securities transactions, and the Investment Sub-Advisor Adviser shall act in accordance with such instructions. The Investment Sub-Advisor Adviser shall not be responsible or liable for any acts or omissions by any broker or dealer selected pursuant to this Section 4.6 provided the Investment Sub-Advisor Adviser has acted reasonably in the exercise of due care in the selection of such broker or dealer and has not otherwise participated in, directly or indirectly, such acts or omissions by such broker or dealer.

Selection of Securities Brokers and Dealers. The Investment Sub-Advisor Adviser may select and employ securities brokers and dealers to effect any securities transactions concerning the investment management of the Investment Assets. In the selection of such brokers and dealers by the Investment Sub-Advisor Adviser and the placing of orders with them, the Investment Sub-Advisor Adviser shall use its best efforts to obtain for the Investment Assets the most favorable net price and execution available except to the extent otherwise provided by Section 28(e) of the Securities Exchange Act of 1934, as amended, or by other applicable law. Notwithstanding anything in this Section 4.6 to the contrary, the Advisor Client may instruct the Investment Sub-Advisor Adviser in writing to engage securities brokers and dealers specified by the Advisor Client to effect, with respect to the Investment Assets, securities transactions, or particular securities transactions, and the Investment Sub-Advisor Adviser shall act in accordance with such instructions. The Investment Sub-Advisor Adviser shall not be responsible or liable for any acts or omissions by any broker or dealer selected pursuant to this Section 4.6 provided the Investment Sub-Advisor Adviser has acted reasonably in the exercise of due care in the selection of such broker or dealer and has not otherwise participated in, directly or indirectly, such acts or omissions by such broker or dealer.

Selection of Securities Brokers and Dealers. The Investment Sub-Advisor Adviser may select and employ securities brokers and dealers to effect any securities transactions concerning the investment management of the Investment Assets. In the selection of such brokers and dealers by the Investment Sub-Advisor Adviser and the placing of orders with them, the Investment Sub-Advisor Adviser shall use its best efforts to obtain for the Investment Assets the most favorable net price and execution available except to the extent otherwise provided by Section 28(e) of the Securities Exchange Act of 1934, as amended, or by other applicable law. Notwithstanding Notwith- standing anything in this Section 4.6 to the contrary, the Advisor Client may instruct the Investment Sub-Advisor Adviser in writing to engage securities brokers and dealers specified by the Advisor Client to effect, with respect to the Investment Assets, securities transactions, or particular securities transactions, and the Sub-Advisor Investment Sub- Adviser shall act in accordance with such instructions. The Investment Sub-Advisor Adviser shall not be responsible or liable for any acts or omissions by any broker or dealer selected pursuant to this Section 4.6 provided the Investment Sub-Advisor Adviser has acted reasonably in the exercise of due care in the selection of such broker or dealer and has not otherwise participated in, directly or indirectly, such acts or omissions by such broker or dealer.