STATUS OF SUB-ADVISER. The services of the Sub-Adviser to the Adviser and the Fund are not to be deemed exclusive, and the Sub-Adviser will be free to render similar services to others so long as its services to the Adviser and the Fund are not impaired thereby. The Sub-Adviser will be deemed to be an independent contractor with respect to the Fund and will, unless otherwise expressly provided or authorized, have no authority to act for or represent the Fund in any way or otherwise be deemed an agent of the Fund or the Trust.
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Samples: Sub Advisory Agreement (Vanguard Whitehall Funds), Sub Advisory Agreement (Vanguard Variable Insurance Funds), Sub Advisory Agreement (Vanguard Whitehall Funds)
STATUS OF SUB-ADVISER. The services of the Sub-Adviser to the Adviser and the Fund Portfolio are not to be deemed exclusive, and the Sub-Adviser will be free to render similar services to others so long as its services to the Adviser and the Fund Portfolio are not impaired thereby. The Sub-Adviser will be deemed to be an independent contractor with respect to the Fund Portfolio and will, unless otherwise expressly provided or authorized, have no authority to act for or represent the Fund Portfolio in any way or otherwise be deemed an agent of the Fund Portfolio or the Trust.
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Samples: Sub Advisory Agreement (Vanguard Variable Insurance Fund), Sub Advisory Agreement (Vanguard Variable Insurance Fund)
STATUS OF SUB-ADVISER. The services of the Sub-Adviser to the Adviser and the Fund are not to be deemed exclusive, and the Sub-Adviser will be free to render similar services to others so long as so,longas its services to the Adviser and the Fund are not impaired thereby. The Sub-Adviser will be deemed to be an independent contractor with contractorwith respect to the Fund and will, unless otherwise expressly provided or authorized, have no authority to act for or represent the Fund in any way or otherwise be deemed an agent of the Fund or the Trust.
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Samples: Investment Advisory Agreement (Vanguard Variable Insurance Funds)
STATUS OF SUB-ADVISER. The services of the Sub-Adviser to the Adviser and the Fund are not to be deemed exclusive, and the Sub-Adviser will be free to render similar services to others so long as its services to the Adviser and the Fund are not impaired thereby. The Sub-Sub- Adviser will be deemed to be an independent contractor with respect to the Fund and will, unless otherwise expressly provided or authorized, have no authority to act for or represent the Fund in any way or otherwise be deemed an agent of the Fund or the Trust.
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