Common use of Services Provided by Adviser Clause in Contracts

Services Provided by Adviser. Subject to the supervision and direction of the Board of Trustees of the Trust, the Adviser will, either directly or by identifying and supervising suitable Sub-Advisors (a) act in strict conformity with the Trust's Declaration of Trust, the Investment Company Act of 1940, as amended (the "1940 Act") and the Investment Advisers Act of 1940, as amended, (b) manage each Fund’s portfolio and furnish a continual investment program for the Funds in accordance with each Fund’s investment objective and policies as described in the Funds’ Prospectus, (c) make investment decisions for the Funds, (d) provide the Funds with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Funds with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the Funds, what securities shall be held or sold by the Funds, and allocate assets of the Funds to separate sub-accounts of the approved Sub-Advisors, and determine what portion of the Funds’ assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees of the Funds every quarter, and (h) advise and assist the officers of the Trust in taking such steps as are necessary or appropriate to carry out the decisions of the Board of Trustees of the Trust and its committees with respect to the foregoing matters and the conduct of the business of the Funds. In addition, the Adviser will furnish the Trust with whatever statistical information the Board of Trustees of the Trust may reasonably request with respect to the securities that the Funds may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting each Fund's portfolio, and will, on its own initiative, furnish the Trust from time to time with whatever information the Adviser believes is appropriate for this purpose.

Services Provided by Adviser. Subject to the supervision and direction of the Board of Trustees of the Trust, the Adviser will, either directly or by identifying and supervising employing suitable Sub-Advisors (a) act in strict conformity with the Trust's Declaration of Trust, the Investment Company Act of 1940, as amended (the "1940 Act") and the Investment Advisers Act of 1940, as amended, (b) manage each the Fund’s 's portfolio and furnish a continual investment program for the Funds Fund in accordance with each the Fund’s 's investment objective and policies as described in the Funds’ Fund's Prospectus, (c) make investment decisions for the FundsFund, (d) provide the Funds Fund with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Funds Fund with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the FundsFund, what securities shall be held or sold by the FundsFund, and allocate assets of the Funds Fund to separate sub-accounts of the approved Sub-AdvisorsAdvisers, and determine what portion of the Funds’ Fund's assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees of the Funds Fund every quarter, and (h) advise and assist the officers of the Trust in taking such steps as are necessary or appropriate to carry out the decisions of the Board of Trustees of the Trust and its committees with respect to the foregoing matters and the conduct of the business of the FundsFund. In addition, the Adviser will furnish the Trust with whatever statistical information the Board of Trustees of the Trust AIP may reasonably request with respect to the securities that the Funds Fund may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting each the Fund's portfolio, and will, on its own initiative, furnish the Trust from time to time with whatever information the Adviser believes is appropriate for this purpose.

Services Provided by Adviser. Subject to the supervision and direction of the Board of Trustees of the Trust, the Adviser will, either directly or by identifying and supervising suitable Sub-Advisors Advisers (a) act in strict conformity with the Trust's Declaration of Trust, the Investment Company Act of 1940, as amended (the "1940 Act") and the Investment Advisers Act of 1940, as amended, (b) manage each Fund’s portfolio and furnish a continual investment program for the Funds in accordance with each Fund’s investment objective and policies as described in the Funds’ Prospectus, (c) make investment decisions for the Funds, (d) provide the Funds with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Funds with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the Funds, what securities shall be held or sold by the Funds, and allocate the net assets of the certain Funds to separate sub-accounts of the approved Sub-Advisors, and determine what portion of the Funds’ assets shall be held uninvestedAdvisers, (g) review asset allocations and investment policies with the Board of Trustees of the Funds every quarter, and (h) advise and assist the officers of the Trust in taking such steps as are necessary or appropriate to carry out the decisions of the Board of Trustees of the Trust and its committees with respect to the foregoing matters and the conduct of the business of the Funds. In addition, the Adviser will furnish the Trust with whatever statistical information the Board of Trustees of the Trust may reasonably request with respect to the securities that the Funds may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting each Fund's portfolio, and will, on its own initiative, furnish the Trust from time to time with whatever information the Adviser believes is appropriate for this purpose.

Services Provided by Adviser. Subject to the supervision and direction of the Board of Trustees of the Trust, the Adviser will, either directly or by identifying and supervising suitable Sub-Advisors (a) act in strict conformity with the Trust's ’s Declaration of Trust, the Investment Company Act of 1940, as amended (the "“1940 Act"”) and the Investment Advisers Act of 1940, as amended, (b) manage each Fund’s portfolio and furnish a continual investment program for the Funds in accordance with each Fund’s 's investment objective and policies as described in the Funds’ each Fund’s Prospectus, (c) make investment decisions for the Funds, (d) provide the Funds with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Funds with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the Funds, what securities shall be held or sold by the Funds, and allocate assets of the Funds to separate sub-accounts of the approved Sub-Advisors, and determine what portion of the Funds’ assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees of the Funds every quarter, and (h) advise and assist the officers of the Trust in taking such steps as are necessary or appropriate to carry out the decisions of the Board of Trustees of the Trust and its committees with respect to the foregoing matters and the conduct of the business of the Funds. In addition, the Adviser will furnish the Trust with whatever statistical information the Board of Trustees of the Trust may reasonably request with respect to the securities that the Funds may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting each Fund's ’s portfolio, and will, on its own initiative, furnish the Trust from time to time with whatever information the Adviser believes is appropriate for this purpose.

Services Provided by Adviser. Subject to the supervision and direction of the Board of Trustees of the Trust, the Adviser will, either directly or by identifying and supervising a suitable Sub-Advisors Adviser (a) act in strict conformity with the Trust's Declaration of Trust, the Investment Company Act of 1940, as amended (the "1940 Act") and the Investment Advisers Act of 1940, as amended, (b) manage each the Fund’s portfolio and furnish a continual investment program for the Funds Fund in accordance with each the Fund’s investment objective and policies as described in the Funds’ Fund’s Prospectus, (c) make investment decisions for the FundsFund, (d) provide the Funds Fund with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Funds Fund with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the FundsFund, what securities shall be held or sold by the FundsFund, and allocate the net assets of the Funds Fund to separate sub-accounts of the approved Sub-Advisors, and determine what portion of the Funds’ assets shall be held uninvestedAdvisers, (g) review asset allocations and investment policies with the Board of Trustees of the Funds Fund every quarter, (h) assist in monitoring and developing compliance procedures for the Fund which will include, among other matters, procedures for monitoring compliance with the Fund’s investment objective, policies, restrictions, tax matters and applicable laws and regulations, and (hi) advise and assist the officers of the Trust in taking such steps as are necessary or appropriate to carry out the decisions of the Board of Trustees of the Trust and its committees with respect to the foregoing matters and the conduct of the business of the FundsFund. In addition, the Adviser will furnish the Trust with whatever statistical information the Board of Trustees of the Trust may reasonably request with respect to the securities that the Funds Fund may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting each the Fund's portfolio, and will, on its own initiative, furnish the Trust from time to time with whatever information the Adviser believes is appropriate for this purpose.

Services Provided by Adviser. Subject to the supervision and direction of the Board of Trustees of the Trust, the Adviser will, either directly or by identifying and supervising employing suitable Sub-Advisors (a) act in strict conformity with the Trust's Declaration of Trust, the Investment Company Act of 1940, as amended (the "1940 Act") and the Investment Advisers Act of 1940, as amended, (b) manage each Fund’s portfolio and furnish a continual investment program for the Funds in accordance with each Fund’s investment objective and policies as described in the Funds’ Prospectus, (c) make investment decisions for the Funds, (d) provide the Funds with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Funds with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the Funds, what securities shall be held or sold by the Funds, and allocate assets of the Funds to separate sub-accounts of the approved Sub-AdvisorsAdvisers, and determine what portion of the Funds’ assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees of the Funds every quarter, and (h) advise and assist the officers of the Trust in taking such steps as are necessary or appropriate to carry out the decisions of the Board of Trustees of the Trust and its committees with respect to the foregoing matters and the conduct of the business of the Funds. In addition, the Adviser will furnish the Trust with whatever statistical information the Board of Trustees of the Trust AIP may reasonably request with respect to the securities that the Funds may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting each eachthe Fund's portfolio, and will, on its own initiative, furnish the Trust from time to time with whatever information the Adviser believes is appropriate for this purpose.

Services Provided by Adviser. Subject to the supervision and direction of the Board of Trustees of the Trust, the Adviser will, either directly or by identifying and supervising suitable Sub-Advisors (a) act in strict conformity with the Trust's ’s Declaration of Trust, the Investment Company Act of 1940, as amended (the "“1940 Act"”) and the Investment Advisers Act of 1940, as amended, (b) manage each Fund’s portfolio and furnish a continual investment program for the Funds through a fund-of-funds structure in which the assets of each Fund are invested in one or more series of Underlying Funds Trust in accordance with each Fund’s 's investment objective and policies as described in the Funds’ Prospectus, (c) make investment decisions for the Funds, (d) provide the Funds with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Funds with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the Funds, what securities shall be held or sold by the Funds, and allocate assets of the Funds to separate sub-accounts of the approved Sub-Advisors, and determine what portion of the Funds’ assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees of the Funds every quarter, and (h) advise and assist the officers of the Trust in taking such steps as are necessary or appropriate to carry out the decisions of the Board of Trustees of the Trust and its committees with respect to the foregoing matters and the conduct of the business of the Funds. In addition, the Adviser will furnish the Trust with whatever statistical information the Board of Trustees of the Trust may reasonably request with respect to the securities that the Funds may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting each Fund's ’s portfolio, and will, on its own initiative, furnish the Trust from time to time with whatever information the Adviser believes is appropriate for this purpose.

Services Provided by Adviser. Subject to the supervision and direction of the Board of Trustees of the Trust, the Adviser will, either will directly or by identifying and supervising suitable Sub-Advisors (a) act in strict conformity with the Trust's Declaration of TrustCharter, the Investment Company Act of 1940, as amended (the "1940 Act") and the Investment Advisers Act of 1940, as amendedamended (the “Advisers Act”), (b) manage each the Fund’s portfolio and furnish a continual investment program for the Funds Fund in accordance with each the Fund’s investment objective and policies as described in the Funds’ Fund’s Prospectus, (c) make investment decisions for the FundsFund, (d) provide the Funds Fund with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Funds Fund with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the Funds, Fund and what securities shall be held or sold by the Funds, and allocate assets of the Funds to separate sub-accounts of the approved Sub-Advisors, and determine what portion of the Funds’ assets shall be held uninvestedFund, (g) review asset allocations and investment policies with the Board of Trustees of the Funds Fund every quarter, (h) vote proxies on behalf of the Fund pursuant to the Fund’s proxy voting policies, and (hi) advise and assist the officers of the Trust in taking such steps as are necessary or appropriate to carry out the decisions of the Board of Trustees of the Trust and its committees with respect to the foregoing matters and the conduct of the business of the FundsFund. In addition, the Adviser will furnish the Trust with whatever statistical information the Board of Trustees of the Trust may reasonably request with respect to the securities that the Funds Fund may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting each the Fund's portfolio, and will, on its own initiative, furnish the Trust from time to time with whatever information the Adviser believes is appropriate for this purpose.

Services Provided by Adviser. Subject to the supervision and direction of the Board of Trustees Directors of the TrustCompany, the Adviser will, either directly or by identifying and supervising employing suitable Sub-Advisors Advisors, (a) act in strict conformity with the TrustCompany's Declaration Articles of TrustIncorporation, the Investment Company Act of 1940, as amended (the "1940 Act") and the Investment Advisers Act of 1940, as amended, (b) manage each the Fund’s 's portfolio and furnish a continual investment program for the Funds Fund in accordance with each the Fund’s 's investment objective and policies as described in the Funds’ Fund's Prospectus, (c) make investment decisions for the FundsFund, (d) provide the Funds Fund with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Funds Fund with access to certain office facilities facilities, which may be the Adviser's own offices, (f) determine what securities shall be purchased for the FundsFund, what securities shall be held or sold by the FundsFund, and allocate assets of the Funds Fund to separate sub-accounts of the approved Sub-AdvisorsAdvisers, and determine what portion of the Funds’ Fund's assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees Directors of the Funds Company every quarter, and (h) advise and assist the officers of the Trust Company in taking such steps as are necessary or appropriate to carry out the decisions of the Board of Trustees Directors of the Trust Company and its committees with respect to the foregoing matters and the conduct of the business of the FundsFund. In addition, the Adviser will furnish the Trust Company with whatever statistical information the Board of Trustees of the Trust Company may reasonably request with respect to the securities that the Funds Fund may hold or contemplate purchasing. The appointment of Sub-Advisors shall be subject to approval by the Board of Directors of the Company and, to the extent required by the 1940 Act or any other law or regulation, approval of the shareholders of the Company. The Adviser will keep the Trust Company informed of developments materially affecting each the Fund's portfolio, and will, on its own initiative, furnish the Trust Company from time to time with whatever information the Adviser believes is appropriate for this purpose.

Services Provided by Adviser. Subject to the supervision and direction of the Board of Trustees of the Trust, the Adviser will, either directly or by identifying and supervising suitable Sub-Advisors (a) act in strict conformity with the Trust's Declaration of Trust, the Investment Company Act of 1940, as amended (the "1940 Act") and the Investment Advisers Act of 1940, as amended, (b) manage each Fund’s portfolio and furnish a continual investment program for the Funds through a fund-of-funds structure in which the assets of each Fund are invested in one or more series of Underlying Funds Trust in accordance with each Fund’s investment objective and policies as described in the Funds’ Prospectus, (c) make investment decisions for the Funds, (d) provide the Funds with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Funds with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the Funds, what securities shall be held or sold by the Funds, and allocate assets of the Funds to separate sub-accounts of the approved Sub-Advisors, and determine what portion of the Funds’ assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees of the Funds every quarter, and (h) advise and assist the officers of the Trust in taking such steps as are necessary or appropriate to carry out the decisions of the Board of Trustees of the Trust and its committees with respect to the foregoing matters and the conduct of the business of the Funds. In addition, the Adviser will furnish the Trust with whatever statistical information the Board of Trustees of the Trust may reasonably request with respect to the securities that the Funds may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting each Fund's portfolio, and will, on its own initiative, furnish the Trust from time to time with whatever information the Adviser believes is appropriate for this purpose.

Services Provided by Adviser. Subject to the supervision and direction of the Board of Trustees of the TrustFund, the Adviser will, either directly or by identifying and supervising suitable one or more Sub-Advisors Advisers (a) act in strict conformity with the TrustFund's Declaration of TrustCharter, the Investment Company Act of 1940, as amended (the "1940 Act") and the Investment Advisers Act of 1940, as amended, (b) manage each the Fund’s portfolio and furnish a continual investment program for the Funds Fund in accordance with each the Fund’s investment objective and policies as described in the Funds’ Fund’s Prospectus, (c) make investment decisions for the FundsFund, (d) provide the Funds Fund with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Funds Fund with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the FundsFund, what securities shall be held or sold by the FundsFund, and allocate the net assets of the Funds Fund to separate sub-accounts of the an approved Sub-Advisors, and determine what portion of the Funds’ assets shall be held uninvestedAdviser, (g) review asset allocations and investment policies with the Board of Trustees of the Funds Fund every quarter, and (h) advise and assist the officers of the Trust Fund in taking such steps as are necessary or appropriate to carry out the decisions of the Board of Trustees of the Trust Fund and its committees with respect to the foregoing matters and the conduct of the business of the FundsFund. In addition, the Adviser will furnish the Trust Fund with whatever statistical information the Board of Trustees of the Trust Fund may reasonably request with respect to the securities that the Funds Fund may hold or contemplate purchasing. The Adviser will keep the Trust Fund informed of developments materially affecting each the Fund's portfolio, and will, on its own initiative, furnish the Trust Fund from time to time with whatever information the Adviser believes is appropriate for this purpose.