Common use of Services of Sub-Adviser Clause in Contracts

Services of Sub-Adviser. (a) The Sub-Adviser will provide the following services to the Adviser: (i) The Sub-Adviser will provide a continuous program of investment management for that portion of the assets of the Fund that, from time to time, may be allocated to it and according to the investment strategy stated at the time of the allocation. The allocation may be determined by the Adviser or the Board, in writing, by an authorized officer of the Trust. It is understood that the assets so allocated may consist of all, a portion of, or none of the assets of the Fund, and that the Board or the Adviser has the right to allocate and reallocate such assets at any time, and from time to time, upon such notice to the Sub-Adviser as may be reasonably necessary, in the view of the Trust and the Adviser, to ensure orderly management of the Fund. (ii) Assist the Adviser in providing a continuous investment program for the Fund, including investment research and management with respect to all securities, investments, cash and cash equivalents in the Fund. The Sub-Adviser will assist the Adviser in determining from time to time what securities and other investments will be purchased, retained or sold by the Fund with respect to the Fund. The Sub-Adviser will provide the services rendered by it under this Agreement in accordance with the Fund's investment objective, policies, and restrictions as stated in the Prospectus, Statement of Additional Information, and resolutions of the Board applicable to the Fund; (b) Transmit trades to the Trust's custodian for proper settlement; (c) Prepare a quarterly broker security transaction summary and monthly security transaction listing for that portion of the assets of the Fund that may be allocated to the Sub-Adviser pursuant to Section 3(a)(i) above; (d) Maintain all books and records with respect to the Fund's securities transactions effected by it as required by subparagraphs (b)(5), (6), (7), (9), (10) and (11) and paragraph (f) of Rule 31a-1 under the 1940 Act; and (e) Supply the Trust and the Board with reports and statistical data as reasonably requested.

Services of Sub-Adviser. (a) The Sub-Adviser will provide the following services Subject to the Adviser: (i) The oversight and supervision of the Adviser and the Trust's Board of Trustees, the Sub-Adviser will provide a continuous program of investment management for that portion of the assets of the Fund that, from time to time, may be allocated to it and according to the investment strategy stated at the time of the allocation. The allocation may be determined by the Adviser or the Board, in writing, by an authorized officer of the Trust. It is understood that the assets so allocated may consist of all, a portion of, or none of the assets of the Fund, and that the Board or the Adviser has the right to allocate and reallocate such assets at any time, and from time to time, upon such notice to the Sub-Adviser as may be reasonably necessary, in the view of the Trust and the Adviser, to ensure orderly management of the Fund. (ii) Assist the Adviser in providing a continuous investment program for the FundMaster Portfolios, including investment research and management with respect to all securities, securities and investments, except for such cash and cash equivalents in balances of the FundMaster Portfolios as may, from time to time, be managed by the Adviser. The Pursuant to the foregoing, the Sub-Adviser will assist the Adviser in determining determine from time to time what securities and other investments will be purchased, retained or sold by the Fund with respect to the FundMaster Portfolios. The Sub-Adviser will provide the services rendered by it under this Agreement in accordance with the Fund's investment objectivecriteria and policies established from time to time for the Master Portfolios by the Adviser, policiesthe Master Portfolios' investment objectives, policies and restrictions as stated in the Prospectus, Master Portfolios' Prospectuses and Statement of Additional Information, the operating policies and procedures of the Master Portfolios, and resolutions of the Master Portfolios' Board applicable of Trustees. The Sub-Adviser further agrees that it will: (a) Provide information to the FundMaster Portfolios' accountant for the purpose of updating the Master Portfolios' cash availability throughout the day as required; (b) Maintain historical tax lots for each portfolio security held by the Master Portfolios; (c) Transmit trades to the Trust's custodian for proper settlement; (c) Prepare a quarterly broker security transaction summary and monthly security transaction listing for that portion of the assets of the Fund that may be allocated to the Sub-Adviser pursuant to Section 3(a)(i) above; (d) Maintain all books and records with respect to the Fund's securities transactions effected by it as Master Portfolios that are required by subparagraphs (b)(5), (6), (7), (9), (10to be maintained under Rule 31a-l(f) and (11) and paragraph (f) of Rule 31a-1 under the 1940 Act; and; (e) Supply the Adviser, the Trust and the Trust's Board of Trustees with reports and reports, statistical data and economic information as reasonably requested; and (f) Prepare a quarterly broker security transaction summary and, if requested in advance, monthly security transaction listing for the Master Portfolios.

Services of Sub-Adviser. (a) The Subject to the oversight and supervision of the Adviser and the Trust's Board of Trustees, the Sub-Adviser will provide the following services to the Adviser: (i) The Sub-Adviser will provide a continuous program of investment management for that portion of the assets of the Fund that, from time to time, may be allocated to it and according to the investment strategy stated at the time of the allocation. The allocation may be determined by the Adviser or the Board, in writing, by an authorized officer of the Trust. It is understood that the assets so allocated may consist of all, a portion of, or none of the assets of the Fund, and that the Board or the Adviser has the right to allocate and reallocate such assets at any time, and from time to time, upon such notice to the Sub-Adviser as may be reasonably necessary, in the view of the Trust and the Adviser, to ensure orderly management of the Fund. (ii) Assist the Adviser in providing a continuous investment program for the Fund, including investment research and management with respect to all securities, securities and investments, except for such cash and cash equivalents in balances of the FundFund as are managed by the Adviser. The Pursuant to the foregoing, the Sub-Adviser will assist the Adviser in determining determine from time to time what securities and other investments will be purchased, retained or sold by the Fund with respect to the Fund. The Sub-Adviser will provide the services rendered by it under this Agreement in accordance with the investment criteria and policies established from time to time for the Fund by the Adviser, the Fund's investment objective, policies, policies and restrictions as stated in the Prospectus, Trust's Prospectus and Statement of Additional InformationInformation for the Fund, and resolutions of the Trust's Board applicable of Trustees. The Sub-Adviser further agrees that it will: (a) Provide information to the Fund's accountant for the purpose of updating the Fund's cash availability throughout the day as required; (b) Maintain historical tax lots for each portfolio security held by the Fund; (bc) Transmit trades to the Trust's custodian for proper settlement; (c) Prepare a quarterly broker security transaction summary and monthly security transaction listing for that portion of the assets of the Fund that may be allocated to the Sub-Adviser pursuant to Section 3(a)(i) above; (d) Maintain all books and records with respect to the Fund's securities transactions effected by it as Fund that are required by subparagraphs (b)(5), (6), (7), (9), (10to be maintained under Rule 31a-1(f) and (11) and paragraph (f) of Rule 31a-1 under the 1940 Act; and; (e) Supply the Adviser, the Trust and the Trust's Board of Trustees with reports and reports, statistical data and economic information as reasonably requested; and (f) Prepare a quarterly broker security transaction summary and, if requested in advance, monthly security transaction listing for the Fund.

Services of Sub-Adviser. (a) The Sub-Adviser will provide the following services Subject to the Adviser: (i) The oversight and supervision of the Adviser and the Trust's Board of Trustees, the Sub-Adviser will provide a continuous program of investment management for that portion of the assets of the Fund that, from time to time, may be allocated to it and according to the investment strategy stated at the time of the allocation. The allocation may be determined by the Adviser or the Board, in writing, by an authorized officer of the Trust. It is understood that the assets so allocated may consist of all, a portion of, or none of the assets of the Fund, and that the Board or the Adviser has the right to allocate and reallocate such assets at any time, and from time to time, upon such notice to the Sub-Adviser as may be reasonably necessary, in the view of the Trust and the Adviser, to ensure orderly management of the Fund. (ii) Assist the Adviser in providing a continuous investment program for the FundMaster Portfolios, including investment research and management with respect to all securitiesequity securities and investments. Pursuant to the foregoing, investments, cash and cash equivalents in the Fund. The Sub-Adviser will assist the Adviser in determining determine from time to time what securities and other investments will be purchased, retained or sold by the Fund with respect to the FundMaster Portfolios. The Sub-Adviser will provide the services rendered by it under this Agreement in accordance with the Fund's investment objectivecriteria and policies established from time to time for the Master Portfolios by the Adviser, policiesthe Master Portfolios' investment objectives, strategies and restrictions as stated in the Prospectus, Master Portfolios' Prospectuses and Statement of Additional Information, the operating policies and procedures of the Master Portfolios, and resolutions of the Trust's Board applicable of Trustees. The Sub-Adviser further agrees that it will: (a) Provide information to the FundMaster Portfolios' accountant for the purpose of updating the Master Portfolios' cash availability throughout the day as required; (b) Maintain historical tax lots for each portfolio security held by the Master Portfolios; (c) Transmit trades to the Trust's custodian for proper settlement; (c) Prepare a quarterly broker security transaction summary settlement in accordance with the Trust's procedures and monthly security transaction listing for that portion of the assets of the Fund that as may be allocated to directed by the Sub-Adviser pursuant to Section 3(a)(i) aboveTrust or the Adviser; (d) Maintain all books and records with respect to the Fund's securities transactions effected by it as Master Portfolios that are required by subparagraphs (b)(5), (6), (7), (9), (10to be maintained under Rule 31a-l(f) and (11) and paragraph (f) of Rule 31a-1 under the 1940 Act; and; (e) Supply the Adviser, the Trust and the Trust's Board of Trustees with reports and reports, statistical data and economic information as reasonably requested; and (f) Prepare a quarterly broker security transaction summary and, if requested in advance, monthly security transaction listing for the Master Portfolios.

Services of Sub-Adviser. (a) The Sub-Adviser will provide the following services Subject to the Adviser: (i) The oversight and supervision of the Adviser and the Trust's Board of Trustees, the Sub-Adviser will provide a continuous program of investment management for that portion of the assets of the Fund that, from time to time, may be allocated to it and according to the investment strategy stated at the time of the allocation. The allocation may be determined by the Adviser or the Board, in writing, by an authorized officer of the Trust. It is understood that the assets so allocated may consist of all, a portion of, or none of the assets of the Fund, and that the Board or the Adviser has the right to allocate and reallocate such assets at any time, and from time to time, upon such notice to the Sub-Adviser as may be reasonably necessary, in the view of the Trust and the Adviser, to ensure orderly management of the Fund. (ii) Assist the Adviser in providing a continuous investment program for the FundFunds, including investment research and management with respect to all securitiesequity securities and investments; provided, investmentshowever, cash and cash equivalents in that with respect to Nations Asset Allocation Fund, the Fund. The Sub-Adviser will assist manage such Fund's equity investments, as a percentage of such Fund as may be determined from time-to-time by Banc of America Capital Management, Inc. (formerly TradeStreet Investment Associates, Inc.). Pursuant to the foregoing, the Sub-Adviser in determining will determine from time to time what securities and other investments will be purchased, retained or sold by the Fund with respect to the FundFunds. The Sub-Adviser will provide the services rendered by it under this Agreement in accordance with the Fund's investment objectivecriteria and policies established from time to time for the Funds by the Adviser, policiesthe Funds' investment objectives, strategies and restrictions as stated in the ProspectusFunds' prospectuses and statement of additional information, Statement the operating policies and procedures of Additional Informationthe Funds, and resolutions of the Trust's Board applicable of Trustees. The Sub-Adviser further agrees that it will: (a) Provide information to the FundFunds' accountant for the purpose of updating the Funds' cash availability throughout the day as required; (b) Maintain historical tax lots for each portfolio security held by the Funds; (c) Transmit trades to the Trust's custodian for proper settlement; (c) Prepare a quarterly broker security transaction summary settlement in accordance with the Trust's procedures and monthly security transaction listing for that portion of the assets of the Fund that as may be allocated to directed by the Sub-Adviser pursuant to Section 3(a)(i) aboveTrust or the Adviser; (d) Maintain all books and records with respect to the Fund's securities transactions effected by it as Funds that are required by subparagraphs (b)(5), (6), (7), (9), (10to be maintained under Rule 31a-l(f) and (11) and paragraph (f) of Rule 31a-1 under the 1940 Act; and; (e) Supply the Adviser, the Trust and the Trust's Board of Trustees with reports and reports, statistical data and economic information as reasonably requested; and (f) Prepare a quarterly broker security transaction summary and, if requested in advance, monthly security transaction listing for the Funds.

Services of Sub-Adviser. (a) The Sub-Adviser will provide the following services to the Adviser: (i) The Sub-Adviser will provide a continuous program of investment management for that portion of the assets of the Fund that, from time to time, may be allocated to it and according to the investment strategy stated at the time of the allocation. The allocation may be determined by the Adviser or the Board, in writing, by an authorized officer of the Trust. It is understood that the assets so allocated may consist of all, a portion of, or none of the assets of the Fund, and that the Board or the Adviser has the right to allocate and reallocate such assets at any time, and from time to time, upon such notice to the Sub-Adviser as may be reasonably necessary, in the view of the Trust and the Adviser, to ensure orderly management of the Fund. (ii) Assist the Adviser in providing a continuous investment program for the Fund, including investment research and management with respect to all securities, investments, cash and cash equivalents in the Fund. The Sub-Adviser will assist the Adviser in determining from time to time what securities and other investments will be purchased, retained or sold by the Fund with respect to the Fund. The Sub-Adviser will provide the services rendered by it under this Agreement in accordance with the Fund's ’s investment objective, policies, and restrictions as stated in the Prospectus, Statement of Additional Information, and resolutions of the Board applicable to the Fund; (b) Transmit trades to the Trust's ’s custodian for proper settlement; (c) Prepare a quarterly broker security transaction summary and monthly security transaction listing for that portion of the assets of the Fund that may be allocated to the Sub-Adviser pursuant to Section 3(a)(i) above; (d) Maintain all books and records with respect to the Fund's ’s securities transactions effected by it as required by subparagraphs (b)(5), (6), (7), (9), (10) and (11) and paragraph (f) of Rule 31a-1 under the 1940 Act; and (e) Supply the Trust and the Board with reports and statistical data as reasonably requested.