Common use of Sub-advisor’s Duties Clause in Contracts

Sub-advisor’s Duties. (i) After the termination of the Sub‑advisory Agreement, to the extent payments are not provided for by this Section 22 (i.e., if the Sub‑advisory Agreement is terminated independently of the Advisory Agreement), the Sub‑advisor shall be entitled to receive from the Company, within 30 days after the effective date of such termination, all unpaid reimbursements of expenses and all earned but unpaid fees payable to the Sub‑advisor prior to the termination of the Sub‑advisory Agreement. (ii) Promptly upon the termination of the Sub‑advisory Agreement, the Sub‑advisor shall promptly upon such termination: (A) pay over to the Company all money, if any, collected and held on behalf of the Company pursuant to the Sub‑advisory Agreement after deducting any accrued compensation and reimbursement for its expenses to which it is then entitled; (B) deliver to the Board a full accounting, including a statement showing all payments collected by it and a statement of all money held by it, covering the period following the date of the last accounting furnished to the Board; (C) deliver to the Board all assets and documents of the Company then in the custody of the Sub‑advisor; and (D) cooperate with the Company to provide an orderly transition of advisory or sub‑advisory functions.

Sub-advisor’s Duties. (i) After the termination of the Sub‑advisory Sub-advisory Agreement, to the extent payments are not provided for by this Section 22 (i.e., if the Sub‑advisory Sub-advisory Agreement is terminated independently of the Advisory Agreement), the Sub‑advisor Sub-advisor shall be entitled to receive from the Company, within 30 days after the effective date of such termination, all unpaid reimbursements of expenses and all earned but unpaid fees payable to the Sub‑advisor Sub-advisor prior to the termination of the Sub‑advisory Sub-advisory Agreement. (ii) Promptly upon the termination of the Sub‑advisory Sub-advisory Agreement, the Sub‑advisor Sub-advisor shall promptly upon such termination: (A) pay over to the Company all money, if any, collected and held on behalf of the Company pursuant to the Sub‑advisory Sub-advisory Agreement after deducting any accrued compensation and reimbursement for its expenses to which it is then entitled; (B) deliver to the Board a full accounting, including a statement showing all payments collected by it and a statement of all money held by it, covering the period following the date of the last accounting furnished to the Board; (C) deliver to the Board all assets and documents of the Company then in the custody of the Sub‑advisorSub-advisor; and (D) cooperate with the Company to provide an orderly transition of advisory or sub‑advisory sub-advisory functions.