Common use of Services to Other Clients Clause in Contracts

Services to Other Clients. The Adviser understands, and has advised the Trust’s Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the each Trust’s 's Board of Trustees, that the Subadviser Sub-adviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser sub-adviser to other investment companies. Further, the Adviser understands, and has advised the each Trust’s 's Board of Trustees Trustees, that the Subadviser Sub-adviser and its affiliates may give advice and take action for its other accounts, including investment companies, which differs from advice given on or the timing or nature of action taken for the Portfolioa Fund. The Subadviser Sub-adviser is not obligated to initiate transactions for a Portfolio Fund in any security which that the SubadviserSub-adviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s Board of TrusteesBoard, that the Subadviser Sub-Adviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser sub-adviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s Board of Trustees Board, that the Subadviser Sub-Adviser and its affiliates may give advice and take action for its accounts, including investment companies, which is similar to or differs from advice given on the timing or nature of action taken for the PortfolioTrust. The Subadviser Sub-Adviser is not obligated to initiate transactions for a Portfolio the Trust in any security investment, which the Subadviser, Sub-Adviser or its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understandsunderstand, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions for a the Portfolio in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understandsunderstand, and has advised the Trust’s Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on or the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the PortfolioPortfolios. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Funds II Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Funds II Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s Board of Trustees, that the Subadviser Sub-Adviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser sub-adviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s Board of Trustees that the Subadviser Sub-Adviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the PortfolioTrust. The Subadviser Sub-Adviser is not obligated to initiate transactions for a Portfolio the Trust in any security which the SubadviserSub-Adviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understandsunderstand, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its directors, officers, partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understandsunderstand, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions transaction for a the Portfolio in any security which the Subadviser, its partnersprincipals, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s 's Board of Trustees, that the Subadviser Sub-adviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser sub-adviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees Trustees, that the Subadviser Sub-adviser and its affiliates may give advice and take action for its other accounts, including investment companies, which differs from advice given on or the timing or nature of action taken for the PortfolioFund. The Subadviser Sub-adviser is not obligated to initiate transactions for a Portfolio the Fund in any security which that the SubadviserSub-adviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partners, members, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the a Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the PortfolioTrust. The Subadviser is not obligated to initiate transactions for a Portfolio the Trust in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the each Trust’s Board of Trustees, that the Subadviser Sub-adviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser sub-adviser to other investment companies. Further, the Adviser understands, and has advised the each Trust’s Board of Trustees Trustees, that the Subadviser Sub-adviser and its affiliates may give advice and take action for its other accounts, including investment companies, which differs from advice given on or the timing or nature of action taken for the Portfolioa Fund. The Subadviser Sub-adviser is not obligated to initiate transactions for a Portfolio Fund in any security which that the SubadviserSub-adviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understandsunderstand, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partnersmembers, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the a Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the PortfolioFund. The Subadviser is not obligated to initiate transactions transaction for a Portfolio the Fund in any security which the Subadviser, its partnersprincipals, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understandsunderstand, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions transaction for a Portfolio in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understandsunderstand, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions transaction for a the Portfolio in any security which the Subadviser, its partnersprincipals, affiliates or employees may purchase or sell for their own accounts or other clients."

Services to Other Clients. The Adviser understandsunderstand, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the a Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partnersprincipals, affiliates or employees may purchase or sell for their own accounts acounts or other clients."

Services to Other Clients. The Adviser understands, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions transaction for a the Portfolio in any security which the Subadviser, its partnersprincipals, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on or the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio ortfolio in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understandsunderstand, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the PortfolioFund. The Subadviser is not obligated to initiate transactions transaction for a the Portfolio in any security which the Subadviser, its partnersprincipals, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s Fund's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s Fund's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the PortfolioFund. The Subadviser is not obligated to initiate transactions transaction for a the Portfolio in any security which the Subadviser, its partnersprincipals, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the PortfolioFund. The Subadviser is not obligated to initiate transactions for a Portfolio the Fund in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understandsunderstand, and has advised the Trust’s Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions transaction for a the Portfolio in any security which the Subadviser, its partnersprincipals, affiliates or employees may purchase or sell for their own accounts or other clients.”

Services to Other Clients. The Adviser understands, and has advised the Trust’s Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partners, members, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understands, and has advised the Trust’s 's Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s 's Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the PortfolioFund. The Subadviser is not obligated to initiate transactions for a Portfolio the Fund in any security which the Subadviser, its partners, affiliates or employees may purchase or sell for their own accounts or other clients.

Services to Other Clients. The Adviser understandsunderstand, and has advised the Trust’s Board of Trustees, that the Subadviser now acts, or may in the future act, as an investment adviser to fiduciary and other managed accounts and as investment adviser or subadviser to other investment companies. Further, the Adviser understands, and has advised the Trust’s Board of Trustees that the Subadviser and its affiliates may give advice and take action for its accounts, including investment companies, which differs from advice given on the timing or nature of action taken for the a Portfolio. The Subadviser is not obligated to initiate transactions for a Portfolio in any security which the Subadviser, its partnersprincipals, affiliates or employees may purchase or sell for their own accounts or other clients.”