Common use of Status of the Subadviser Clause in Contracts

Status of the Subadviser. The services of the Subadviser to the Adviser and the Trust are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust are not impaired thereby. The Subadviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust in any way or otherwise be deemed an agent of the Trust.

Status of the Subadviser. The services of the Subadviser to the Adviser and the Trust Corporation are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust Corporation are not impaired thereby. The Subadviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust Corporation in any way or otherwise be deemed an agent of the TrustCorporation.

Status of the Subadviser. The services of the Subadviser to the Adviser and the Trust Corporation are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust are not impaired therebyothers. The Subadviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust Corporation in any way or otherwise be deemed an agent of the TrustCorporation.

Status of the Subadviser. The services of the Subadviser to the Adviser and the Trust corporation are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust Corporation are not impaired thereby. The Subadviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust Corporation in any way or otherwise be deemed an agent of the TrustCorporation.

Status of the Subadviser. The services of the Subadviser to the Adviser and the Trust Corporation are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust Corporation are not impaired thereby. The Subadviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust Corporation in any way or otherwise be deemed an agent of the TrustCorporation.

Status of the Subadviser. The services of the Subadviser to the Adviser and the Trust are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust are not impaired therebyothers. The Subadviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust in any way or otherwise be deemed an agent of the Trust.

Status of the Subadviser. The services of the Subadviser to the Adviser and the Corporation and the Trust are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Corporation and the Trust are not impaired thereby. The Subadviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Corporation and the Trust in any way or otherwise be deemed an agent of the Corporation and the Trust.

Status of the Subadviser. The services of the Subadviser to the Adviser and the Trust are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust are not impaired thereby. The Subadviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust in any way or otherwise be deemed an agent of the Trust. 7.

Status of the Subadviser. The services of the Subadviser to the Adviser and the Trust Trusts are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust Trusts are not impaired thereby. The Subadviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust Trusts in any way or otherwise be deemed an agent of the TrustTrusts.

Status of the Subadviser. The services of the Subadviser to the Adviser and the Trust Corporation are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust are not impaired therebyothers. The Subadviser shall be deemed to be an independent contractor and shall, unless except as authorized by this Agreement or as otherwise expressly provided or authorized, have no authority to act for or represent the Trust Corporation in any way or otherwise be deemed an agent of the TrustCorporation.

Status of the Subadviser. The services of the Subadviser to the Adviser and the Trust Funds are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust are not impaired therebyothers. The Subadviser shall be deemed to be an independent contractor and shall, unless except as authorized by this Agreement or as otherwise expressly provided or authorized, have no authority to act for or represent the Trust Funds in any way or otherwise be deemed an agent of the TrustFunds.

Status of the Subadviser. The services of the Subadviser to the Adviser and the Trust Funds are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust are not impaired therebyothers. The Subadviser shall be deemed to be an independent contractor and shall, unless except as authorized by this Agreement or as otherwise expressly provided or authorized, have no authority to act for or represent the Trust in any way or otherwise be deemed an agent of the Trust.

Status of the Subadviser. The services of the Subadviser to the Adviser and the Trust Trusts are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust Trusts are not impaired thereby. The Subadviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust Trusts in any way or otherwise be deemed an agent of the TrustTrusts. 7.

Status of the Subadviser. The services of 7. the Subadviser to the Adviser and the Trust are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust are not impaired thereby. The Subadviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust in any way or otherwise be deemed an agent of the Trust.

Status of the Subadviser. The services of the Subadviser to the Adviser and the Trust Corporation are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust are not impaired therebyothers. The Subadviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust Corporation in any way or otherwise be deemed an agent of the TrustCorporation, except as expressly permitted under this Agreement.

Status of the Subadviser. The services of the Subadviser to ------------------------ the Adviser and the Trust are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust are not impaired thereby. The Subadviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust in any way or otherwise be deemed an agent of the Trust.

Status of the Subadviser. The services of the Subadviser to the Adviser and the Trust [Corporation/Trust] are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust are not impaired therebyothers. The Subadviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust [Corporation/Trust] in any way or otherwise be deemed an agent of the [Corporation/Trust].

Status of the Subadviser. (a) The services of the Subadviser to the Adviser and the Trust corporation are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust Corporation are not impaired thereby. The Subadviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust Corporation in any way or otherwise be deemed an agent of the TrustCorporation.

Status of the Subadviser. The services of the Subadviser to the Adviser and the Trust are not to be deemed exclusive, and the Subadviser shall be free to render similar services to others so long as its services to the Trust are not impaired thereby. The Subadviser shall be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust in any way or otherwise be deemed an agent of the Trust. 6.