Common use of Services as Investment Adviser Clause in Contracts

Services as Investment Adviser. Subject to the supervision and direction of the Board of Directors of the Fund, the Adviser will (a) act in strict conformity with the Fund's Articles of Incorporation, the Investment Company Act of 1940 and the Investment Advisers Act of 1940, as the same may from time to time be amended, (b) manage the Fund in accordance with the Fund's investment objective and policies as stated in the Fund's Prospectus and Statement of Additional Information relating to the Fund as from time to time in effect, (c) make investment decisions for the Fund and (d) place purchase and sale orders for securities on behalf of the Fund. In providing those services, the Adviser will provide investment research and supervision of the Fund's investments and conduct a continual program of investment, evaluation and, if appropriate, sale and reinvestment of the Fund's assets. In addition, the Adviser will furnish the Fund with whatever statistical information the Fund may reasonably request with respect to the securities that the Fund may hold or contemplate purchasing.

Services as Investment Adviser. Subject to the supervision and direction of the Board of Directors Trustees of the Fund, the Adviser will (a) act in strict conformity with the Fund's Articles Agreement and Declaration of IncorporationTrust, the Investment Company Act of 1940 and the Investment Advisers Act of 1940, as the same may from time to time be amended, (b) manage the Fund in accordance with the Fund's investment objective and policies as stated in the Fund's Prospectus and Statement of Additional Information relating to the Fund as from time to time in effect, (c) make investment decisions for the Fund and (d) place purchase and sale orders for securities on behalf of the Fund. In providing those services, the Adviser will provide investment research and supervision of the Fund's investments and conduct a continual program of investment, evaluation and, if appropriate, sale and reinvestment of the Fund's assets. In addition, the Adviser will furnish the Fund with whatever statistical information the Fund may reasonably request with respect to the securities that the Fund may hold or contemplate purchasing.

Services as Investment Adviser. Subject to the supervision and direction of the Board of Directors of the Fund, the Adviser will (a) act in strict conformity with the Fund's Articles of Incorporation, the Investment Company Act of 1940 (the "Investment Company Act") and the Investment Advisers Act of 1940, as the same may from time to time be amended, (b) manage the Fund in accordance with the Fund's investment objective and policies as stated in the Fund's Prospectus and Statement of Additional Information relating to the Fund as from time to time in effect, (c) make investment decisions for the Fund and (d) place purchase and sale orders for securities on behalf of the Fund. In providing those services, the Adviser will provide investment research and supervision of the Fund's investments and conduct a continual program of investment, evaluation and, if appropriate, sale and reinvestment of the Fund's assets. In addition, the Adviser will furnish the Fund with whatever statistical information the Fund may reasonably request with respect to the securities that the Fund may hold or contemplate purchasing.

Services as Investment Adviser. Subject to the supervision and direction of the Board of Directors of the Fund, the Adviser will (a) act in strict conformity with the Fund's Articles of Incorporation, the Investment Company Act of 1940 and the Investment Advisers Act of 1940, as the same may from time to time be amended, (b) manage the Fund Portfolio in accordance with the FundPortfolio's investment objective and policies as stated in the Fund's Prospectus and Statement of Additional Information relating to the Fund Portfolio as from time to time in effect, (c) make investment decisions for the Fund Portfolio and (d) place purchase and sale orders for securities on behalf of the FundPortfolio. In providing those services, the Adviser will provide investment research and supervision of the FundPortfolio's investments and conduct a continual program of investment, evaluation and, if appropriate, sale and reinvestment of the FundPortfolio's assets. In addition, the Adviser will furnish the Fund with whatever statistical information the Fund may reasonably request with respect to the securities that the Fund Portfolio may hold or contemplate purchasing.