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 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 the Fund's portfolio and furnish a continual investment program for the Fund in accordance with the Fund's investment objective and policies as described in the Fund's Prospectus, (c) make investment decisions for the Fund, (d) provide the Fund with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Fund with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the Fund, what securities shall be held or sold by the Fund, and allocate assets of the Fund to separate sub-accounts of the approved Sub-Advisers, and determine what portion of the Fund's assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees of the 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 Fund. In addition, the Adviser will furnish the Trust with whatever statistical information AIP may reasonably request with respect to the securities that the Fund may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting 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 employing suitable Sub-Advisors Advisors: (a) act in strict conformity with the Trust's ’s Declaration of Trust, the Trust’s Bylaws, the Investment Company Act of 1940, as amended (the "“1940 Act"”) and the Investment Advisers Act of 1940, as amended, ; (b) manage the Fund's each Portfolio’s portfolio and furnish a continual investment program for the Fund each Portfolio in accordance with the Fund's such Portfolio’s investment objective and policies as described in the Fund's such Portfolio’s Prospectus, ; (c) make investment decisions for the Fund, each Portfolio; (d) provide the Fund each Portfolio with investment research and statistical data, advice and supervision, data processing and clerical services, ; (e) provide the Fund Trust with access to certain office facilities facilities, which may be the Adviser's ’s own offices, ; (f) determine what securities shall be purchased for the Fund, each Portfolio; what securities shall be held or sold by the Fundeach Portfolio, and allocate assets of the Fund each Portfolios to separate sub-accounts of the approved Sub-Advisers, and determine what portion of the Fund's each Portfolio’s assets shall be held uninvested, ; (g) review asset allocations and investment policies with the Board of Trustees of the Fund Trust 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 FundPortfolios. In addition, the Adviser will furnish the Trust with whatever statistical information AIP the Trust may reasonably request with respect to the securities that the Fund Portfolios may hold or contemplate purchasing. The appointment of Sub-Advisors shall be subject to approval by the Board of Trustees of the Trust and, to the extent required by the 1940 Act or any other law or regulation, approval of the shareholders of the Trust. The Adviser will keep the Trust informed of developments materially affecting the Fund's any Portfolio’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 employing 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 the each Fund's ’s portfolio and furnish a continual investment program for the Fund Funds in accordance with the each Fund's ’s investment objective and policies as described in the Fund's Funds’ Prospectus, (c) make investment decisions for the FundFunds, (d) provide the Fund Funds with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Fund Funds with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the FundFunds, what securities shall be held or sold by the FundFunds, and allocate assets of the Fund Funds to separate sub-accounts of the approved Sub-AdvisersAdvisors, and determine what portion of the Fund's Funds’ assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees of the Fund 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 FundFunds. In addition, the Adviser will furnish the Trust with whatever statistical information AIP the Board of Trustees of the Trust may reasonably request with respect to the securities that the Fund Funds may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting the 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 employing 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 the each Fund's ’s portfolio and furnish a continual investment program for the Fund Funds in accordance with the each Fund's investment objective and policies as described in the each Fund's ’s Prospectus, (c) make investment decisions for the FundFunds, (d) provide the Fund Funds with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Fund Funds with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the FundFunds, what securities shall be held or sold by the FundFunds, and allocate assets of the Fund Funds to separate sub-accounts of the approved Sub-AdvisersAdvisors, and determine what portion of the Fund's Funds’ assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees of the Fund 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 FundFunds. In addition, the Adviser will furnish the Trust with whatever statistical information AIP the Board of Trustees of the Trust may reasonably request with respect to the securities that the Fund Funds may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting the 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 employing 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 the each Fund's ’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 the each Fund's investment objective and policies as described in the Fund's Funds’ Prospectus, (c) make investment decisions for the FundFunds, (d) provide the Fund Funds with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Fund Funds with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the FundFunds, what securities shall be held or sold by the FundFunds, and allocate assets of the Fund Funds to separate sub-accounts of the approved Sub-AdvisersAdvisors, and determine what portion of the Fund's Funds’ assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees of the Fund 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 FundFunds. In addition, the Adviser will furnish the Trust with whatever statistical information AIP the Board of Trustees of the Trust may reasonably request with respect to the securities that the Fund Funds may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting the 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 employing 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 the Fund's ’s portfolio and furnish a continual investment program for the Fund in accordance with the Fund's ’s investment objective and policies as described in the Fund's ’s Prospectus, (c) make investment decisions for the Fund, (d) provide the Fund with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Fund with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the Fund, Fund and what securities shall be held or sold by the Fund, and allocate assets of the Fund to separate sub-accounts of the approved Sub-Advisers, and determine what portion of the Fund's assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees of the 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 Fund. In addition, the Adviser will furnish the Trust with whatever statistical information AIP the Board of Trustees of the Trust may reasonably request with respect to the securities that the Fund may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting 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 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 the each Fund's ’s portfolio and furnish a continual investment program for the Fund Funds in accordance with the each Fund's ’s investment objective and policies as described in the Fund's Funds’ Prospectus, (c) make investment decisions for the FundFunds, (d) provide the Fund Funds with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Fund Funds with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the FundFunds, what securities shall be held or sold by the FundFunds, and allocate assets of the Fund Funds to separate sub-accounts of the approved Sub-Advisers, and determine what portion of the Fund's Funds’ assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees of the Fund 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 FundFunds. In addition, the Adviser will furnish the Trust with whatever statistical information AIP may reasonably request with respect to the securities that the Fund Funds may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting the 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 employing 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 the each Fund's ’s portfolio and furnish a continual investment program for the Fund Funds in accordance with the each Fund's ’s investment objective and policies as described in the Fund's Funds’ Prospectus, (c) make investment decisions for the FundFunds, (d) provide the Fund Funds with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Fund Funds with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the FundFunds, what securities shall be held or sold by the FundFunds, and allocate the net assets of the Fund certain Funds to separate sub-accounts of the approved Sub-Advisers, and determine what portion of the Fund's assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees of the Fund 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 FundFunds. In addition, the Adviser will furnish the Trust with whatever statistical information AIP the Board of Trustees of the Trust may reasonably request with respect to the securities that the Fund Funds may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting the 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 employing 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 the Fund's ’s portfolio and furnish a continual investment program for the Fund in accordance with the Fund's ’s investment objective and policies as described in the Fund's ’s Prospectus, (c) make investment decisions for the Fund, (d) provide the Fund with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Fund with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the Fund, what securities shall be held or sold by the Fund, and allocate the net assets of the Fund to separate sub-accounts of the approved Sub-Advisers, and determine what portion of the Fund's assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees of the 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 Fund. In addition, the Adviser will furnish the Trust with whatever statistical information AIP the Board of Trustees of the Trust may reasonably request with respect to the securities that the Fund may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting 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 employing 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 the each Fund's ’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 the each Fund's ’s investment objective and policies as described in the Fund's Funds’ Prospectus, (c) make investment decisions for the FundFunds, (d) provide the Fund Funds with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Fund Funds with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the FundFunds, what securities shall be held or sold by the FundFunds, and allocate assets of the Fund Funds to separate sub-accounts of the approved Sub-AdvisersAdvisors, and determine what portion of the Fund's Funds’ assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees of the Fund 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 FundFunds. In addition, the Adviser will furnish the Trust with whatever statistical information AIP the Board of Trustees of the Trust may reasonably request with respect to the securities that the Fund Funds may hold or contemplate purchasing. The Adviser will keep the Trust informed of developments materially affecting the 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 employing suitable Sub-Advisors Sub- Advisors: (a) act in strict conformity with the Trust's ’s Declaration of Trust, the Trust’s Bylaws, the Investment Company Act of 1940, as amended (the "“1940 Act"”) and the Investment Advisers Act of 1940, as amended, ; (b) manage the Fund's each Portfolio’s portfolio and furnish a continual investment program for the Fund each Portfolio in accordance with the Fund's such Portfolio’s investment objective and policies as described in the Fund's such Portfolio’s Prospectus, ; (c) make investment decisions for the Fund, each Portfolio; (d) provide the Fund each Portfolio with investment research and statistical data, advice and supervision, data processing and clerical services, ; (e) provide the Fund Trust with access to certain office facilities facilities, which may be the Adviser's ’s own offices, ; (f) determine what securities shall be purchased for the Fund, each Portfolio; what securities shall be held or sold by the Fundeach Portfolio, and allocate assets of the Fund each Portfolios to separate sub-accounts of the approved Sub-Advisers, and determine what portion of the Fund's each Portfolio’s assets shall be held uninvested, ; (g) review asset allocations and investment policies with the Board of Trustees of the Fund Trust 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 FundPortfolios. In addition, the Adviser will furnish the Trust with whatever statistical information AIP the Trust may reasonably request with respect to the securities that the Fund Portfolios may hold or contemplate purchasing. The appointment of Sub-Advisors shall be subject to approval by the Board of Trustees of the Trust and, to the extent required by the 1940 Act or any other law or regulation, approval of the shareholders of the Trust. The Adviser will keep the Trust informed of developments materially affecting the Fund's any Portfolio’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 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 the Fund's portfolio and furnish a continual investment program for the Fund in accordance with the Fund's investment objective and policies as described in the Fund's Prospectus, (c) make investment decisions for the Fund, (d) provide the Fund with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the 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 Fund, what securities shall be held or sold by the Fund, and allocate assets of the Fund to separate sub-accounts of the approved Sub-Advisers, and determine what portion of the Fund's assets shall be held uninvested, (g) review asset allocations and investment policies with the Board of Trustees Directors of the Fund 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 Fund. In addition, the Adviser will furnish the Trust Company with whatever statistical information AIP the Company may reasonably request with respect to the securities that the 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 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 TrustFund, the Adviser will, either directly or by employing 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 the Fund's ’s portfolio and furnish a continual investment program for the Fund in accordance with the Fund's ’s investment objective and policies as described in the Fund's ’s Prospectus, (c) make investment decisions for the Fund, (d) provide the Fund with investment research and statistical data, advice and supervision, data processing and clerical services, (e) provide the Fund with office facilities which may be the Adviser's own offices, (f) determine what securities shall be purchased for the Fund, what securities shall be held or sold by the Fund, and allocate the net assets of the Fund to separate sub-accounts of the an approved Sub-Advisers, and determine what portion of the Fund's assets shall be held uninvestedAdviser, (g) review asset allocations and investment policies with the Board of Trustees of the 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 Fund. In addition, the Adviser will furnish the Trust Fund with whatever statistical information AIP the Board of Trustees of the Fund may reasonably request with respect to the securities that the Fund may hold or contemplate purchasing. The Adviser will keep the Trust Fund informed of developments materially affecting 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.