Common use of Sub-Advisors Clause in Contracts

Sub-Advisors. Xxxxxxxx Advisors may use unaffiliated sub-advisors to help manage all or a portion of Client’s Account. Fees charged by Xxxxxxxx Advisors do not increase when Xxxxxxxx Advisors elects to use sub-advisors. Client may be required to enter into an agreement directly with the unaffiliated sub-advisor. If the sub-advisor is registered as an investment adviser, a complete description of the sub-advisor’s services, fee schedule and account minimums will be disclosed in that sub-advisor’s Form ADV Part 2A or Part 2A Appendix 1 that will be provided to Client at the time any agreement for services is signed and an account is established. Xxxxxxxx Advisors is available to answer questions Client may have regarding any portion of Client’s Account managed by a sub- advisor and will act as the communication conduit between Client and the sub-advisor.

Sub-Advisors. Xxxxxxxx Advisors may use unaffiliated sub-advisors to help manage all or a portion of Client’s Account. Fees charged incurred by Xxxxxxxx Advisors Client do not increase when Xxxxxxxx Advisors elects to use sub-sub- advisors. Client may be required to enter into an agreement directly with the unaffiliated sub-advisor. If the sub-advisor is registered as an investment adviser, a complete description of the sub-advisor’s services, fee schedule and account minimums will be disclosed in that sub-advisor’s Form ADV Part 2A or Part 2A Appendix 1 that will be provided to Client at the time any agreement for services is signed and an account is established. Xxxxxxxx Advisors is available to answer questions Client may have regarding any portion of Client’s Account managed by a sub- sub-advisor and will act as the communication conduit between Client and the sub-advisor.

Sub-Advisors. Xxxxxxxx Advisors may use unaffiliated sub-advisors to help manage all or a portion of Client’s Account. Fees charged by Xxxxxxxx Advisors do not increase when Xxxxxxxx Advisors elects to use sub-advisors. Client may be required to enter into an agreement directly with the unaffiliated sub-advisor. If the sub-advisor is registered as an investment adviser, a complete description of the sub-advisor’s services, fee schedule and account minimums will be disclosed in that sub-advisor’s Form ADV Part 2A or Part 2A Appendix 1 that will be provided to Client at the time any agreement for services is signed and an account is established. Xxxxxxxx Advisors is available to answer questions Client may have regarding any portion of Client’s Account managed by a sub- sub-advisor and will act as the communication conduit between Client and the sub-advisor.