Common use of Services to Others Clause in Contracts

Services to Others. The Trust and the Manager acknowledge that the Sub-Adviser’s services under this Agreement are not exclusive. Sub-Adviser now acts, or may in the future act, as an investment adviser to other managed accounts and as investment adviser or investment sub-adviser to one or more other investment companies that are not series of the Trust and may be similar to the Trust. In addition, the Trust and the Manager acknowledge that the directors, officers, stockholders, affiliates or persons employed by the Sub-Adviser to assist in the Sub-Adviser’s duties under this Agreement will not devote their full time to such efforts. It is also agreed that the Sub-Adviser may use any supplemental research obtained for the benefit of a Fund in providing investment advice to its other investment advisory accounts and for managing its own accounts.

Appears in 12 contracts

Samples: Investment Sub Advisory Agreement (First Trust Exchange-Traded Fund Viii), Investment Sub Advisory Agreement (First Trust Variable Insurance Trust), Investment Sub Advisory Agreement (First Trust Exchange-Traded Fund Iv)

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Services to Others. The Trust Company and the Manager Adviser acknowledge that the Sub-Adviser’s services under this Agreement are not exclusive. Sub-Adviser now not acts, or may in the future act, as an investment adviser to other managed accounts and as investment adviser or investment sub-adviser to one or more other investment companies that are not series of the Trust and may be similar to the Trust. In addition, the Trust Company and the Manager Adviser acknowledge that the directors, officers, stockholders, affiliates or persons employed by the Sub-Adviser to assist in the Sub-Adviser’s duties under this Agreement will not devote their full time to such efforts. It is also agreed that the Sub-Adviser may use any supplemental research obtained for the benefit of a Company or Fund in providing investment advice to its other investment advisory accounts and for managing its own accounts.

Appears in 2 contracts

Samples: Investment Sub Advisory Agreement (First Trust Exchange-Traded Fund), Investment Sub Advisory Agreement (First Trust Exchange-Traded Fund)

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Services to Others. The Trust and the Manager acknowledge that the Sub-Adviser’s 's services under this Agreement are not exclusive. Sub-Adviser now acts, or may in the future act, as an investment adviser to other managed accounts and as investment adviser or investment sub-adviser to one or more other investment companies that are not series of the Trust and may be similar to the Trust. In addition, the Trust and the Manager acknowledge that the directors, officers, stockholders, affiliates or persons employed by the Sub-Adviser to assist in the Sub-Adviser’s 's duties under this Agreement will not devote their full time to such efforts. It is also agreed that the Sub-Adviser may use any supplemental research obtained for the benefit of a Fund in providing investment advice to its other investment advisory accounts and for managing its own accounts.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (First Trust Exchange-Traded Fund Viii)

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