Common use of Services and Duties of Quasar Clause in Contracts

Services and Duties of Quasar. (a) Quasar agrees to serve as agent for the Blue Sky registration of Shares of the Funds in compliance with state securities laws, or other jurisdictions as may be mutually agreed upon by each Fund and Quasar. (b) The services furnished by Quasar hereunder are not to be deemed exclusive and Quasar shall be free to furnish similar services to others so long as its services under this Agreement are not impaired thereby. Quasar and each Fund recognizes that from time to time officers and employees of Quasar may serve as directors, trustees, officers and employees of other entities (including investment companies), that such other entities may include the name of Quasar as part of their name and that Quasar or its affiliates may enter into distribution, administration, fund accounting, transfer agent or other agreements with such other entities.

Appears in 2 contracts

Samples: Blue Sky Registration Agreement (Mairs & Power Balanced Fund Inc), Blue Sky Registration Agreement (Mairs & Power Growth Fund Inc)

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Services and Duties of Quasar. (a) Quasar agrees to serve as agent for the Blue Sky registration of Shares of the Funds in compliance with state securities laws, or other jurisdictions as may be mutually agreed upon by each Fund the Trust and Quasar. (b) The services furnished by Quasar hereunder are not to be deemed exclusive and Quasar shall be free to furnish similar services to others so long as its services under this Agreement are not impaired thereby. Quasar and each Fund recognizes the Trust recognize that from time to time officers and employees of Quasar may serve as directors, trustees, officers and employees of other entities (including investment companiestrusts), that such other entities may include the name of Quasar as part of their name and that Quasar or its affiliates may enter into distribution, administration, fund accounting, transfer agent or other agreements with such other entities.

Appears in 1 contract

Samples: Blue Sky Registration Agreement (Mairs & Power Funds Trust)

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Services and Duties of Quasar. (a) Quasar agrees to serve as agent for the Blue Sky registration of Shares of the Funds Fund in compliance with state securities laws, or other jurisdictions as may be mutually agreed upon by each Fund the Company and Quasar. (b) The services furnished by Quasar hereunder are not to be deemed exclusive and Quasar shall be free to furnish similar services to others so long as its services under this Agreement are not impaired thereby. Quasar and each Fund recognizes the Company recognize that from time to time officers and employees of Quasar may serve as directors, trustees, officers and employees of other entities (including investment companiesCompany), that such other entities may include the name of Quasar as part of their name and that Quasar or its affiliates may enter into distribution, administration, fund accounting, transfer agent or other agreements with such other entities.

Appears in 1 contract

Samples: Blue Sky Registration Agreement (Reynolds Funds Inc)

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