Common use of Sub-Adviser Duties Clause in Contracts

Sub-Adviser Duties. Subject to the supervision of the Trust’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the Trust’s Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, to the extent copies of which shall be sent the Fund’s Registration Statement and related amendments are furnished to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendmentManager. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the Trust’s Registration Statement filed with the Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustCompany’s Board of Trustees Directors and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the TrustCompany’s Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Directors/Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each the Series’ portfolio and determine in its discretion the composition of the assets of each the Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each the Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. From time to time, at the request of the Manager, the Sub-adviser will cooperate with and assist a Transition Manager, hired by the Manager, when the Series’ portfolio is part of a larger transition of assets, provided that the Sub-Adviser will continue to have full discretion with respect to the Series investment portfolio. To the extent permitted by the investment policies of each the Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. At the request of the Manager, the Sub-Adviser will participate in standing instructions giving the Trusts’ custodian authority to administer daily foreign currency exchange transactions. The Sub-Adviser will provide the services under this Agreement in accordance with each the Series’ investment objective or objectives, policies, and restrictions as stated in the Trust’s Registration Statement filed with the U.S. Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each the Series’ portfolio and determine in its discretion the composition of the assets of each the Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each the Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each the Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each the Series’ investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ the Fund’s portfolio and determine in its discretion the composition of the assets of each Series’ the Fund’s portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ the Fund’s assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the SeriesFund, when these transactions should be executed, and what portion of the assets of the Series Fund should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Seriesthe Fund, the Sub-Adviser shall make decisions for the Series Fund as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the SeriesFund. The Sub-Adviser will provide the services under this Agreement in accordance with each Serieswith’ the Fund’s investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly as soon as possible following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees Directors and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s 's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s 's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ the Fund’s portfolio and determine in its discretion the composition of the assets of each Series’ the Fund’s portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ the Fund’s assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the SeriesFund, when these transactions should be executed, and what portion of the assets of the Series Fund should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Seriesthe Fund, the Sub-Adviser shall make decisions for the Series Fund as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the SeriesFund. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ the Fund’s investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund‘s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ the Fund’s portfolio and determine in its discretion the composition of the assets of each Series’ the Fund’s portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ the Fund’s assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the SeriesFund, when these transactions should be executed, and what portion of the assets of the Series Fund should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Seriesthe Fund, the Sub-Adviser shall make decisions for the Series Fund as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the SeriesFund. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ the Fund’s investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s 's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s 's Registration Statement filed with the U.S. Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Directors/Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each the Series’ ' portfolio and determine in its discretion the composition of the assets of each the Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each the Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each the Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each the Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Company‘s Board of Trustees Directors and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the TrustCompany’s registration statement under the Securities Act of 1933, as amended (the “1933 Act”) and the 1940 Act, as may be amended or supplemented from time to time (the “Registration Statement Statement”) filed with the U.S. Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the Trust’s Registration Statement filed with the U.S. Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Company‘s Board of Trustees Directors and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the TrustCompany’s registration statement under the Securities Act of 1933, as amended (the “1933 Act”) and the 1940 Act, as may be amended or supplemented from time to time (the “Registration Statement Statement”) filed with the U.S. Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide conduct investment research and conduct provide a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall may make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide conduct investment research and conduct as well as a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the Trust’s Registration Statement filed with the U.S. Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees Directors (the "Board") and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ the Fund’s portfolio and determine in its discretion the composition of the assets of each Series’ the Fund’s portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ the Fund’s assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the SeriesFund, when these transactions should be executed, and what portion of the assets of the Series Fund should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Seriesthe Fund, the Sub-Adviser shall make decisions for the Series Fund as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the SeriesFund. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ the Fund’s investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the Trust’s registration statement under the Securities Act of 1933, as amended (the “1933 Act”) and the 1940 Act, as may be amended or supplemented from time to time (the “Registration Statement Statement”) filed with the U.S. Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Trust‘s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s registration statement under the Securities Act of 1933, as amended (the “1933 Act”) and the 1940 Act, as may be amended or supplemented from time to time (the “Registration Statement Statement”) filed with the U.S. Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustCompany’s Board of Trustees Directors and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the TrustCompany’s registration statement under the Securities Act of 1933, as amended (the “1933 Act”) and the 1940 Act, as may be amended or supplemented from time to time (the “Registration Statement Statement”) filed with the U.S. Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Board of Trustees Trusts' Boards and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each a Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to to, and execute and perform perform, foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each a Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Trusts' Registration Statement Statements filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each the Series’ portfolio and determine in its discretion the composition of the assets of each the Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each the Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. From time to time, at the request of the Manager, the Sub-adviser will cooperate with and assist a Transition Manager, hired by the Manager, when the Series’ portfolio is part of a larger transition of assets, provided that the Sub-Adviser will continue to have full discretion with respect to the Series investment portfolio. To the extent permitted by the investment policies of each the Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. At the request of the Manager, the Sub-Adviser will participate in standing instructions giving the Funds’ custodian authority to administer daily foreign currency exchange transactions. The Sub-Adviser will provide the services under this Agreement in accordance with each the Series’ investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the U.S. Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Trust‘s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the Trust’s registration statement under the Securities Act of 1933, as amended (the “1933 Act”) and the 1940 Act, as may be amended or supplemented from time to time (the “Registration Statement Statement”) filed with the U.S. Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees Directors and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. From time to time, at the request of the Manager, the Sub-adviser will cooperate with and assist a Transition Manager, hired by the Manager, when the Series' portfolio is part of a larger transition of assets, provided that the Sub-Adviser will continue to have full discretion with respect to the Series investment portfolio. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. At the request of the Manager, the Sub-Adviser will participate in standing instructions giving the Fund' custodian authority to administer daily foreign currency exchange transactions. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s 's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s 's Registration Statement filed with the Securities and Exchange Commission (“the "SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees Directors (the “Board”) and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Sub- Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustCompany’s Board of Trustees Directors and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the TrustCompany’s registration statement under the Securities Act of 1933, as amended (the “1933 Act”) and the 1940 Act, as may be amended or supplemented from time to time (the “Registration Statement Statement”) filed with the U.S. Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Directors/Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ the Fund’s portfolio and determine in its discretion the composition of the assets of each Series’ the Fund’s portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ the Fund’s assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the SeriesFund, when these transactions should be executed, and what portion of the assets of the Series Fund should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Seriesthe Fund, the Sub-Adviser shall make decisions for the Series Fund as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the SeriesFund. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ the Fund’s investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s 's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s 's Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees Directors and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each a Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to to, and execute and perform perform, foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each a Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s 's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide conduct investment research and conduct as well as a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s 's Registration Statement filed with the U.S. Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Board of Trustees (the “Trustees” or the “Board”) and the Manager, the Sub-Adviser will provide a continuous investment program for each the Series’ portfolio and determine in its discretion the composition of the assets of each the Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each the Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each the Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each the Series’ investment objective or objectives, policies, and restrictions as stated in the Trust’s Registration Statement filed with the Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees [Directors/Trustees] and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' investment portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each the Series’ ' portfolio and determine in its discretion the composition of the assets of each the Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each the Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each the Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each the Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for 2 each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Board of Trustees (the “Board”) and the ManagerAdviser, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio the Assets and determine in its discretion the composition of the assets of each Series’ portfolioAssets, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets the Assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the SeriesTrust, when these transactions should be executed, and what portion of the assets of the Series Assets should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Seriesthe Trust, the Sub-Adviser shall make decisions for the Series Trust as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the SeriesTrust. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ the Trust’s investment objective or objectives, policies, and restrictions as stated in the Trust’s Registration Statement filed with the Securities and Exchange Commission SEC, as amended (the “SECRegistration Statement”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager Adviser prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in hi the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees Directors (the "Board") and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further former agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s 's Board of Trustees (the "Trustees" or the "Board") and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s 's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ the Fund’s portfolio and determine in its discretion the composition of the assets of each Series’ the Fund’s portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ the Fund’s assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the SeriesFund, when these transactions should be executed, and what portion of the assets of the Series Fund should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Seriesthe Fund, the Sub-Adviser shall make decisions for the Series Fund as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the SeriesFund. The Sub-Sub- Adviser will provide the services under this Agreement in accordance with each Series’ the Fund’s investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s 's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ the Trust's portfolio and determine in its discretion the composition of the assets of each Series’ the Trust's portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ the Trust's assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the SeriesTrust, when these transactions should be executed, and what portion of the assets of the Series Trust should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Seriesthe Trust, the Sub-Sub- Adviser shall make decisions for the Series Trust as to foreign currency matters and make determinations 138507551_4 as to and execute and perform foreign currency exchange contracts on behalf of the SeriesTrust. The Sub-Sub- Adviser will provide the services under this Agreement in accordance with each Series’ the investment objective or objectives, policies, and restrictions as stated in the Trust’s 's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Sub- Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s 's Board of Trustees (the "Trustees" or the "Board") and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s 's Registration Statement filed with the Securities and Exchange Commission (“the "SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each the Series’ ' portfolio and determine in its discretion the composition of the assets of each the Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each the Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each the Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each the Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ the Fund's portfolio and determine in its discretion the composition of the assets of each Series’ the Fund's portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ the Fund's assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the SeriesFund, when these transactions should be executed, and what portion of the assets of the Series Fund should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Seriesthe Fund, the Sub-Adviser shall make decisions for the Series Fund as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the SeriesFund. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ the Fund's investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ investment portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees (the “Trustees” or the “Board”) and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly as soon as possible following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Fund's Board of Trustees (the "Board") and the ManagerAdviser, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the U.S. Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager Adviser prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s 's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and determine in its discretion the composition of the assets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide conduct investment research and conduct as well as a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s 's Registration Statement filed with the U.S. Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. amendment The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees Directors and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s 's Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ the Trust's portfolio and determine in its discretion the composition of the assets of each Series’ the Trust's portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ the Trust's assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the SeriesTrust, when these transactions should be executed, and what portion of the assets of the Series Trust should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Seriesthe Trust, the Sub-Adviser shall make decisions for the Series Trust as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the SeriesTrust. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ the investment objective or objectives, policies, and restrictions as stated in the Trust’s 's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Sub- Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the TrustFund’s Board of Trustees Directors and the Manager, the Sub-Adviser will provide a continuous investment program for each the Series’ portfolio and determine in its discretion the composition of the assets of each the Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each the Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each the Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each the Series’ investment objective or objectives, policies, and restrictions as stated in the TrustFund’s Registration Statement filed with the Securities and Exchange Commission (“SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the tote supervision of the Trust’s Funds Board of Trustees and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ ' portfolio and and. determine in its Its discretion the composition of the assets Meets of each Series’ ' portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ ' assets by determining the securities and other investments that tat shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ ' investment objective or objectives, policies, and restrictions as stated in the Trust’s Fund's Registration Statement filed with the Securities and Exchange Commission (“"SEC”"), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows:

Sub-Adviser Duties. Subject to the supervision of the Trust’s Board of Trustees (the “Trustees” or the “Board”) and the Manager, the Sub-Adviser will provide a continuous investment program for each Series’ portfolio and determine in its discretion the composition of the assets of each Series’ portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio. The Sub-Adviser will provide investment research and conduct a continuous program of evaluation, investment, sales, and reinvestment of each Series’ assets by determining the securities and other investments that shall be purchased, entered into, sold, closed, or exchanged for the Series, when these transactions should be executed, and what portion of the assets of the Series should be held in the various securities and other investments in which it may invest. To the extent permitted by the investment policies of each Series, the Sub-Adviser shall make decisions for the Series as to foreign currency matters and make determinations as to and execute and perform foreign currency exchange contracts on behalf of the Series. The Sub-Adviser will provide the services under this Agreement in accordance with each Series’ investment objective or objectives, policies, and restrictions as stated in the Trust’s Registration Statement filed with the Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be sent to the Sub-Adviser by the Manager prior to the commencement of this Agreement and promptly following any such amendment. The Sub-Adviser further agrees as follows: