Common use of Sub-Advisor Compliance Policies and Procedures Clause in Contracts

Sub-Advisor Compliance Policies and Procedures. Upon request, the Sub-Advisor shall promptly provide the Trust CCO with copies of: (i) the Sub-Advisor’s policies and procedures for compliance by the Sub-Advisor with the Federal Securities Laws (together, the “Sub-Advisor Compliance Procedures”), and (ii) any material changes to the Sub-Advisor Compliance Procedures. The Sub-Advisor shall cooperate fully with the Trust CCO’s reasonable requests so as to facilitate the Trust CCO’s performance of the Trust CCO’s responsibilities under Rule 38a-1 to review, evaluate and report to the Trust’s Board of Trustees on the operation of the Sub-Advisor Compliance Procedures, and shall promptly report to the Trust CCO any Material Compliance Matter arising under the Sub-Advisor Compliance Procedures involving the Sub-Advisor Assets. At least annually, the Sub-Advisor shall provide a certification to the Trust CCO confirming that the Sub-Advisor has in place and has implemented policies and procedures that are reasonably designed to ensure compliance by the Sub-Advisor with the Federal Securities Laws.

Sub-Advisor Compliance Policies and Procedures. Upon request, the The Sub-Advisor shall promptly provide the Trust CCO with copies ofwith: (i) a copy of its code of ethics and a summary of the Sub-Advisor’s other policies and procedures for compliance by the Sub-Advisor with the Federal Securities Laws Advisers Act (together, the “Sub-Advisor Compliance Procedures”), and (ii) a summary of any material changes to the Sub-Advisor Compliance ProceduresProcedures on a periodic basis. The Sub-Advisor shall cooperate fully with the Trust CCO’s reasonable requests CCO so as to facilitate the Trust CCO’s performance of the Trust CCO’s responsibilities under Rule 38a-1 to review, evaluate and report to the Trust’s Board of Trustees on the operation of the Sub-Advisor Compliance Procedures, and shall promptly report to the Trust CCO any Material Compliance Matter arising under the Sub-Advisor Compliance Procedures involving the Sub-Advisor Assets. At least annually, the Sub-Advisor shall provide a certification to the Trust CCO confirming to the effect that the Sub-Advisor has in place and has implemented policies and procedures that are reasonably designed to ensure compliance by the Sub-Advisor with the Federal Securities LawsAdvisers Act.