Common use of Services to other Accounts Clause in Contracts

Services to other Accounts. The Fund understands that the Adviser acts as investment adviser to other managed accounts. Whenever the Fund and one or more other accounts advised by the Adviser are prepared to purchase or sell the same security or other assets, available purchase or sale opportunities will be allocated among the Adviser’s advisory accounts in accordance with the written policies of the Adviser and in a manner believed by the Adviser to be fair and equitable to each entity under the specific circumstances and consistent with Adviser’s fiduciary duties. The Fund recognizes that in some cases this procedure may affect adversely the price paid or received by the Fund or the size of the position purchased or sold by the Fund. In addition, the Fund understands that the persons employed by the Adviser to provide service to the Fund in connection with the performance of the Adviser’s duties under this Agreement will not devote their full time to that service. Moreover, nothing contained in this Agreement will be deemed to limit or restrict the right of the Adviser or any “affiliated person” of the Adviser to engage in and devote time and attention to other businesses or to render services of whatever kind or nature to other persons or entities, including serving as investment adviser to, or employee, officer, director or trustee of, other investment companies.

Services to other Accounts. The Fund Trust understands that the Adviser acts as investment adviser to other managed accounts. Whenever , and the Fund Trust has no objection to the Adviser so acting, provided that whenever the Funds and one or more other accounts advised by the Adviser are prepared to purchase or sell the same security or other assetssecurity, available purchase investments or sale opportunities for sales will be allocated among the Adviser’s advisory accounts in accordance with the written policies of the Adviser and in a manner believed by the Adviser to be fair and equitable to each entity under the specific circumstances and consistent with Adviser’s fiduciary dutiescircumstances. The Fund Trust recognizes that in some cases this procedure may affect adversely the price paid or received by the Fund Funds or the size of the position purchased or sold by the FundFunds. In addition, the Fund Trust understands that the persons employed by the Adviser to provide service to the Fund Funds in connection with the performance of the Adviser’s duties under this Agreement will not devote their full time to that service. Moreover, nothing contained in this Agreement will be deemed to limit or restrict the right of the Adviser or any “affiliated person” of the Adviser to engage in and devote time and attention to other businesses or to render services of whatever kind or nature to other persons or entities, including serving as investment adviser to, or employee, officer, director or trustee of, other investment companies.

Services to other Accounts. The Fund Trust understands that the Adviser acts as investment adviser to other managed accounts. Whenever the Fund Trust and one or more other accounts advised by the Adviser are prepared to purchase or sell the same security or other assets, available purchase or sale opportunities will be allocated among the Adviser’s advisory accounts in accordance with the written policies of the Adviser and in a manner believed by the Adviser to be fair and equitable to each entity under the specific circumstances and consistent with Adviser’s fiduciary duties. The Fund Trust recognizes that in some cases this procedure may affect adversely the price paid or received by the Fund or the size of the position purchased or sold by the Fund. In addition, the Fund Trust understands that the persons employed by the Adviser to provide service to the Fund in connection with the performance of the Adviser’s duties under this Agreement will not devote their full time to that service. Moreover, nothing contained in this Agreement will be deemed to limit or restrict the right of the Adviser or any “affiliated person” of the Adviser to engage in and devote time and attention to other businesses or to render services of whatever kind or nature to other persons or entities, including serving as investment adviser to, or employee, officer, director or trustee of, other investment companies.

Services to other Accounts. The Fund Trust understands that the Adviser acts as investment adviser to other private funds, managed accounts. Whenever accounts and other advisory clients and the Trust has no objection to the Adviser so acting, provided that whenever the Fund and one or more other accounts advised by the Adviser are prepared to purchase or sell the same security or other assetssecurity, available purchase investments or sale opportunities for sales will be allocated among the Adviser’s advisory accounts in accordance with the written policies of the Adviser and in a manner believed by the Adviser to be fair and equitable to each entity under the specific circumstances and consistent with Adviser’s fiduciary dutiescircumstances. The Fund Trust recognizes that in some cases this procedure may affect adversely the price paid or received by the Fund or the size of the position purchased or sold by the Fund. In addition, the Fund Trust understands that the persons employed by the Adviser to provide service to the Fund in connection with the performance of the Adviser’s duties under this Agreement will not devote their full time to that service. Moreover, nothing contained in this Agreement will be deemed to limit or restrict the right of the Adviser or any “affiliated person” of the Adviser to engage in and devote time and attention to other businesses or to render services of whatever kind or nature to other persons or entities, including serving as investment adviser to, or employee, officer, director or trustee of, other investment companies.

Services to other Accounts. The Fund understands that the Adviser acts as investment adviser to other managed accounts. Whenever the Fund and one or more other accounts advised by the Adviser are prepared to purchase or sell the same security or other assets, available purchase or sale opportunities will be allocated among the Adviser’s 's advisory accounts in accordance with the written policies of the Adviser and in a manner believed by the Adviser to be fair and equitable to each entity under the specific circumstances and consistent with Adviser’s 's fiduciary duties. The Fund recognizes that in some cases this procedure may affect adversely the price paid or received by the Fund or the size of the position purchased or sold by the Fund. In addition, the Fund understands that the persons employed by the Adviser to provide service to the Fund in connection with the performance of the Adviser’s 's duties under this Agreement will not devote their full time to that service. Moreover, nothing contained in this Agreement will be deemed to limit or restrict the right of the Adviser or any “"affiliated person” " of the Adviser to engage in and devote time and attention to other businesses or to render services of whatever kind or nature to other persons or entities, including serving as investment adviser to, or employee, officer, director or trustee of, other investment companies.

Services to other Accounts. The Fund understands that the Investment Adviser acts now acts, will continue to act and may act in the future as investment adviser to fiduciary and other managed accounts. Whenever , and the Fund has no objection to the Investment Adviser so acting, provided that whenever the Fund and one or more other accounts advised by the Investment Adviser are prepared to purchase purchase, or sell desire to sell, the same security or other assetssecurity, available purchase investments or sale opportunities for sales will be allocated among the Adviser’s advisory accounts in accordance with the written policies of the Adviser and in a manner believed by the Investment Adviser to be fair and equitable to each entity under the specific circumstances and consistent with Adviser’s fiduciary dutiesentity. The Fund recognizes that in some cases this procedure may affect adversely the price paid or received by the Fund or the size of the position purchased or sold by the Fund. In addition, the Fund understands that the persons employed by the Investment Adviser to provide service services to the Fund in connection with the performance of the Investment Adviser’s 's duties under this Agreement will not devote their full time to that servicethose services. Moreover, nothing contained in this Agreement will be deemed to limit or restrict the right of the Investment Adviser or any “"affiliated person” " of the Investment Adviser to engage in and devote time and attention to other businesses or to render services of whatever kind or nature to other persons or entities, including serving as investment adviser to, or employee, officer, director or trustee of, other investment companies.

Services to other Accounts. The Fund Trust understands that the Adviser acts as investment adviser to other managed accounts. Whenever , and the Fund Trust has no objection to the Adviser so acting, provided that whenever the Funds and one or more other accounts advised by the Adviser are prepared to purchase or sell the same security or other assetssecurity, available purchase investments or sale opportunities for sales will be allocated among the Adviser’s advisory accounts in accordance with the written policies of the Adviser and in a manner believed by the Adviser to be fair and equitable to each entity under the specific circumstances and consistent with Adviser’s fiduciary dutiescircumstances. The Fund Trust recognizes that in some cases this procedure may affect adversely the price paid or received by the Fund Funds or the size of the position purchased or sold by the FundFunds. In addition, the Fund Trust understands that the persons employed by the Adviser to provide service to the Fund Funds in connection with the performance of the Adviser’s 's duties under this Agreement will not devote their full time to that service. Moreover, nothing contained in this Agreement will be deemed to limit or restrict the right of the Adviser or any “affiliated person” of the Adviser to engage in and devote time and attention to other businesses or to render services of whatever kind or nature to other persons or entities, including serving as investment adviser to, or employee, officer, director or trustee of, other investment companies.

Services to other Accounts. The Fund understands that the Investment Adviser acts now acts, will continue to act and may act in the future as investment adviser to fiduciary and other managed accounts. Whenever , and the Fund has no objection to the Investment Adviser so acting, provided that whenever the Fund and one or more other accounts advised by the Investment Adviser are prepared to purchase purchase, or sell desire to sell, the same security or other assetssecurity, available purchase investments or sale opportunities for sales will be allocated among the Adviser’s advisory accounts in accordance with the written policies of the Adviser and in a manner believed by the Investment Adviser to be fair and equitable to each entity under the specific circumstances and consistent with Adviser’s fiduciary dutiesentity. The Fund recognizes that in some cases this procedure may affect adversely the price paid or received by the Fund or the size of the position purchased or sold by the Fund. In addition, the Fund understands that the persons employed by the Investment Adviser to provide service services to the Fund in Fundin connection with the performance of the Investment Adviser’s duties under this Agreement will not devote their full time to that servicethose services. Moreover, nothing contained in this Agreement will be deemed to limit or restrict the right of the Investment Adviser or any “affiliated person” of the Investment Adviser to engage in and devote time and attention to other businesses or to render services of whatever kind or nature to other persons or entities, including serving as investment adviser to, or employee, officer, director or trustee of, other investment companies.

Services to other Accounts. The Fund Trust understands that the Sub-Adviser acts as investment adviser to other managed accounts. Whenever , and the Trust has no objection to the Sub-Adviser so acting, provided that whenever the Fund and one or more other accounts advised by the Sub-Adviser are prepared to purchase or sell the same security or other assetssecurity, available purchase investments or sale opportunities for sales will be allocated among the Adviser’s advisory accounts in accordance with the written policies of the Sub-Adviser and in a manner believed by the Sub-Adviser to be fair and equitable to each entity under the specific circumstances and consistent with Adviser’s fiduciary dutiescircumstances. The Fund Trust recognizes that in some cases this procedure may affect adversely the price paid or received by the a Fund or the size of the position purchased or sold by the Fund. In addition, the Fund Trust understands that the persons employed by the Sub-Adviser to provide service to the Fund Funds in connection with the performance of the Sub-Adviser’s duties under this Agreement will not devote their full time to that service. Moreover, nothing contained in this Agreement will be deemed to limit or restrict the right of the Sub-Adviser or any “affiliated person” of the Sub-Adviser to engage in and devote time and attention to other businesses or to render services of whatever kind or nature to other persons or entities, including serving as investment adviser to, or employee, officer, director or trustee of, other investment companies.