Services as Sub-Adviser. Subject to the supervision, direction and approval of the Board and TAMIC, the Sub-Adviser shall conduct a continual program of investment, evaluation and, if appropriate in its view, the sale and reinvestment of the Portfolio's assets. The Sub-Adviser is authorized, in its sole discretion and without prior consultation with TAMIC, to: (a) obtain and evaluate pertinent economic, financial, and other information affecting the economy generally and certain companies as such information relates to securities which are purchased for or considered for purchase in the Portfolio; (b) manage the Portfolio's assets in accordance with the Portfolio's investment objective(s) and policies as stated in the Prospectus and the SAI; (c) make investment decisions for the Portfolio; (d) place purchase and sale orders for portfolio transactions on behalf of the Portfolio and manage otherwise uninvested cash assets of the Portfolio; (e) price such Portfolio securities as TAMIC and Sub-Adviser shall mutually agree upon from time to time; (f) execute account documentation, agreements, contracts and other documents as the Sub-Adviser shall be requested by brokers, dealers, counterparties and other persons in connection with its management of the assets of the Portfolio (in such respect, and only for this limited purpose, the Sub-Adviser shall act as TAMIC's and the Trust's agent and attorney-in-fact); (g) employ professional portfolio managers and securities analysts who provide research services to the Portfolio; and (h) regularly report to TAMIC and to the Board with respect to its subadvisory activities. The Sub-Adviser shall execute trades, and in general take such action as is appropriate to effectively manage the Portfolio's investment practices. In addition, (i) the Sub-Adviser shall furnish TAMIC daily information concerning portfolio transactions and quarterly and annual reports concerning transactions and performance of the Portfolio in such form as may be mutually agreed upon, and the Sub-Adviser agrees to review the Portfolio and discuss the management of it with TAMIC and Board as either or both shall from time to time reasonably request.
Services as Sub-Adviser. (i) Subject to the general oversight and supervision of the Adviser and the Board of Trustees of the Trust, the Adviser employs Sub-Adviser to (a) manage the investment and reinvestment of the Fund’s assets and, with respect to such assets, to (b) continuously review, supervise, and administer the investment program of the Fund which is created by the Adviser; (c) determine, in Sub-Adviser’s discretion, the securities, instruments, agreements, and contracts to be purchased, sold or held by the Fund; such non-discretionary investment services provided in Sections 2 (a)-(c) are referred to herein as the Fund’s “Model Portfolio” (d) provide the Adviser, other sub-investment advisers as the Adviser may direct, and the Trust with records concerning Sub-Adviser’s activities and Model Portfolio which the Trust is required to maintain, and (e) render regular reports to the Adviser and to the Trust’s officers and Trustees concerning Sub-Adviser’s discharge of the foregoing responsibilities.
(ii) Sub-Adviser shall discharge the foregoing responsibilities, subject to the Adviser’s oversight and supervision and the control of the officers and the Trustees of the Trust and in compliance with (a) such policies as the Trustees may from time to time establish, (b) the objectives, policies, strategies, and limitations for the Fund as set forth in the Trust’s then-current registration statement as filed with the U.S. Securities and Exchange Commission (“SEC”), as amended from time to time, and (c) applicable laws and regulations.
(iii) For the avoidance of doubt, Sub-Adviser with respect to the Model Portfolio shall have no duty, obligation or right to (a) oversee the placement of purchase and sale orders on behalf of the Fund; (b) maintain books and records with respect to the Fund’s securities transactions; or (c) give instructions to the Trust’s Custodian(s).
Services as Sub-Adviser. Subject to the general oversight and supervision of the Adviser and the Board of Trustees of the Trust, the Adviser employs Sub-Adviser to (a) manage the investment and reinvestment of the Fund’s assets and, with respect to such assets, to (b) continuously review, supervise, and administer the investment program of the Fund which is created by the Adviser; (c) determine, in Sub-Adviser’s discretion, the securities, instruments, agreements, and contracts to be purchased, sold or held by the Fund; (d) provide the Adviser and the Trust with records concerning Sub-Adviser’s activities which the Trust is required to maintain, and (e) render regular reports to the Adviser and to the Trust’s officers and Trustees concerning Sub-Adviser’s discharge of the foregoing responsibilities.
Services as Sub-Adviser. (i) The Sub-Adviser shall provide a model portfolio for the International Segment, containing the securities, investments or other assets to be purchased, held or sold and the weightings thereof in the International Segment. The model portfolio provided by the Sub-Adviser will comply with the Fund’s investment objectives and policies as stated in the Fund’s current Prospectus and Statement of Additional Information (the “Statement”). The Sub-Adviser will be deemed to have instructed the Manager to invest the Fund’s assets in the International Segment in accordance with the Sub-Adviser’s model. The Sub-Adviser employs professional portfolio managers and securities analysts who will provide investment advisory and research services to the International Segment. The Sub-Adviser shall make available certain of its personnel, including, but not limited to, portfolio managers, investment analysts and research staff, for periodic presentations to and/or consultations with the Manager or its designees (e.g., quarterly conference calls) and the Board regarding its investment instructions given pursuant to this paragraph 2(i), advice and investment style as well as discussions involving general market commentary and extraordinary market events and such additional services as may be agreed upon by the Manager and the Sub-Adviser from time to time. The Sub-Adviser agrees to review the International Segment and discuss the management of the International Segment with the Manager and the Board at such times as may be reasonably requested by the Manager or the Board. The Sub-Adviser will meet with third parties at the request of the Manager at such times as the Sub-Adviser and the Manager may agree in writing from time to time. The Manager shall furnish the Sub-Adviser reports concerning holdings and cash daily and transactions and performance of the International Segment at such times and in such form as may be mutually agreed upon.
(ii) Unless and until otherwise directed by the Manager or the Board, the Sub-Adviser shall not be obligated to and shall have no authority to render any advice or take any action with respect to legal proceedings with respect to portfolio securities or other investments held by the International Segment. Unless and until otherwise directed by the Manager or the Board, the Sub-Adviser will be responsible for directing the Manager to vote proxies and to take action with respect to corporate action elections for proxies and corporate action in...
Services as Sub-Adviser. Subject to the supervision, direction and approval of the Board of the Company and the Manager, the Sub-Adviser shall conduct a continual program of investment, evaluation and, if appropriate in the view of the Sub-Adviser, sale and reinvestment of the Fund's assets. The Sub-Adviser is authorized, in its sole discretion and without prior consultation with the Manager, to: (a) manage the Fund's assets in accordance with the Fund's investment objective(s) and policies as stated in the Prospectus and the Statement; (b) make investment decisions for the Fund; (c) place purchase and sale orders for portfolio transactions on behalf of the Fund; and (d) employ professional portfolio managers and securities analysts who provide research services to the Fund. In addition, (i) the Sub-Adviser shall furnish the Manager daily information concerning portfolio transactions and quarterly and annual reports concerning transactions and performance of the Fund in such form as may be mutually agreed upon, and the Sub-Adviser agrees to review the Fund and discuss the management of it with the Manager and the Board of Directors of the Company.
Services as Sub-Adviser. Subject to the supervision, direction and approval of the Board and the Manager, the Sub-Adviser shall conduct a continual program of investment, evaluation and, if appropriate in the view of the Sub-Adviser, sale and reinvestment of each Portfolio's assets. The Sub-Adviser is authorized, in its sole discretion and without prior consultation with the Manager, to: (a) manage each Portfolio's assets in accordance with such Portfolio's investment objective(s) and policies as stated in the Prospectus and the Statement; (b) make investment decisions for each Portfolio; (c) place purchase and sale orders for portfolio transactions on behalf of each Portfolio; and (d) employ professional portfolio managers and securities analysts who provide research services to each Portfolio. The Manager agrees that the Sub-Adviser shall not be liable for any failure to recommend the purchase or sale of any security on behalf of any Portfolio on the basis of any information which might, in the Sub-Adviser's opinion, constitute a violation of any federal or state laws, rules or regulations. In addition, (i) the Sub-Adviser shall furnish the Manager daily information concerning portfolio transactions and quarterly and annual reports concerning transactions and performance of each Portfolio in such form as may be mutually agreed by the Manager and the Sub-Adviser, and the Sub-Adviser agrees to review such Portfolio and discuss the management thereof with the Manager and the Board.
Services as Sub-Adviser. Subject to the supervision, direction and approval of the Board and the Manager, the Sub-Adviser shall conduct a continual program of investment, evaluation and, if appropriate in the view of the Sub-Adviser, sale and reinvestment of the Designated Portion. The Sub-Adviser is authorized, in its sole discretion and without prior consultation with the Manager, to: (a) manage the Designated Portion in accordance with the Fund’s investment objectives and policies as stated in the Prospectus and the Statement; (b) make investment decisions for the Designated Portion; (c) place purchase and sale orders for portfolio transactions on behalf of the Fund; and (d) employ professional portfolio managers and securities analysts who provide research services to the Fund. In addition, (i) the Sub-Adviser shall furnish the Manager daily information concerning portfolio transactions and periodic reports concerning transactions and performance of the Designated Portion in such form and with such frequency as may be mutually agreed upon, and the Sub-Adviser agrees to review the Designated Portion and discuss the management of the Designated Portion with the Manager and the Board whenever the Manager or the Board may reasonably request. The Sub-Adviser will meet periodically with the Manager and the Board at such times as may be reasonably requested by the Manager or the Board.
Services as Sub-Adviser. Sub-Adviser shall furnish certain investment advisory services to Adviser, as may from time to time be reasonably requested by Adviser, including investment research, statistical and other factual information, and recommendations based on Sub-Adviser's analysis, and assistance to the Adviser in identifying securities for potential purchase and/or sale.
Services as Sub-Adviser. Subject to the supervision, direction and approval of the Board of the Company and the Manager, the Sub-Adviser shall conduct a continual program of investment, evaluation and, if appropriate in the view of the Sub-Adviser, sale and reinvestment of the Portfolio’s assets. The Sub-Adviser is authorized, in its sole discretion and without prior consultation with the Manager, to: (a) manage the Portfolio’s assets in accordance with the Portfolio’s investment objective(s) and policies as stated in the Prospectus and the Statement; (b) make investment decisions for the Portfolio; (c) place purchase and sale orders for portfolio transactions on behalf of the Portfolio; and (d) employ professional portfolio managers and securities analysts who provide research services to the Portfolio. In addition, (i) the Sub-Adviser shall furnish quarterly and annual reports concerning transactions and performance of the Portfolio in such form as may be mutually agreed upon, and the Sub-Adviser agrees to review the Portfolio and discuss the management of it with the Manager and, on an annual basis, the Board of Directors of the Company.
Services as Sub-Adviser. The Company and the Adviser hereby appoint the Sub-Adviser to act as sub-investment adviser to the Portfolio for the period and on such terms set forth in this Agreement. The Company and the Adviser employ the Sub-Adviser to manage the investment and reinvestment of the assets of the Portfolio, to continuously review, supervise and administer the investment program of the Portfolio, to determine in its discretion the securities to be purchased or sold and the portion of the Portfolio assets to be held uninvested, to provide the Company and the Adviser with records concerning the Sub-Adviser’s activities, and to render regular reports to the Company’s officers and Board of Directors and the Adviser concerning the Sub-Adviser’s discharge of the foregoing responsibilities in such format as may be mutually agreed upon. The Sub-Adviser shall discharge the foregoing responsibilities subject to the control of the officers and the Board of Directors of the Company and the Adviser in compliance with the objectives, policies and limitations set forth in the Prospectus, Statement and applicable laws and regulations. The Sub-Adviser accepts such appointment and agrees to render the services and to provide, at is own expense, the office space, furnishings and equipment and the personnel required by it to perform the services on the terms and for the compensation provided herein.
