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Common use of Sub-Advisory Services Clause in Contracts

Sub-Advisory Services. The Sub-Adviser shall recommend to the Adviser, from time to time, what securities (and weightings) shall be purchased for the Funds, what securities (and weightings) shall be held or sold by the Funds and what portion of the Funds’ assets shall be held uninvested in cash, subject always to the provisions of the Trust’s Agreement and Declaration of Trust, By-Laws and each Fund’s prospectus and statement of additional information as set forth in the Trust’s registration statement on Form N-1A (the “Registration Statement”) under the 1940 Act, and under the Securities Act of 1933, as amended (the “1933 Act”), covering Fund shares, as filed with the U.S. Securities and Exchange Commission (the “SEC”), and to the investment objectives, policies and restrictions of each Fund, as shall be from time to time in effect and such other limitations, policies and procedures as the Board or the Adviser may reasonably impose from time to time and provide in writing to the Sub-Adviser (the “Investment Policies”). The Sub-Adviser shall be responsible for promptly informing the Adviser of each such recommendation for each Fund in writing pursuant to mutually agreed notification protocols. In turn, the parties understand and acknowledge that the Adviser will rely on such recommendations to make final investment determinations for the security purchases, holdings, and sales for each Fund’s investment portfolio. The Sub-Adviser’s authority with respect to the Funds is non-discretionary. Nothing in this Agreement shall in any way limit the right of the Board or the Adviser to establish or revise policies in connection with the management of a Fund’s assets or to otherwise exercise its right to control the overall management of the Trust and each Fund. The Sub-Adviser acknowledges that the Board retains ultimate authority over each Fund and may take any and all actions necessary and reasonable to protect the interests of Fund shareholders.

Appears in 9 contracts

Samples: Investment Sub Advisory Agreement (EA Series Trust), Investment Sub Advisory Agreement (EA Series Trust), Investment Sub Advisory Agreement (EA Series Trust)

Sub-Advisory Services. The Sub-Adviser shall recommend to the Adviser, from time to time, what securities (and weightings) shall be purchased for the Funds, what securities (and weightings) shall be held or sold by the Funds and what portion of the Funds’ assets shall be held uninvested in cash, subject always to the provisions of the Trust’s Agreement and Declaration of Trust, By-Laws and each Fund’s prospectus and statement of additional information as set forth in the Trust’s registration statement on Form N-1A (the “Registration Statement”) under the 1940 Act, and under the Securities Act of 1933, as amended (the “1933 Act”), covering Fund shares, as filed with the U.S. Securities and Exchange Commission (the “SEC”), and to the investment objectives, policies and restrictions of each Fund, as shall be from time to time in effect and such other limitations, policies and procedures as the Board or the Adviser may reasonably impose from time to time and provide in writing to the Sub-Adviser (the “Investment Policies”). The Sub-Adviser shall be responsible for promptly informing the Adviser of each such recommendation for each Fund in writing pursuant to mutually agreed notification protocols. In turn, the parties understand and acknowledge that the Adviser will rely on such recommendations to make final investment determinations for the security purchases, holdings, and sales for each Fund’s investment portfolio. The Sub-Adviser’s authority with respect to the Funds is non-discretionary. Nothing in this Agreement shall in any way limit the right of the Board or the Adviser to establish or revise policies in connection with the management of a Fund’s assets or to otherwise exercise its right to control the overall management of the Trust and each Fund. The Sub-Adviser acknowledges that the Board retains ultimate authority over each Fund and may take any and all actions necessary and reasonable to protect the interests of Fund shareholders.

Appears in 9 contracts

Samples: Investment Sub Advisory Agreement (Alpha Architect ETF Trust), Investment Sub Advisory Agreement (Alpha Architect ETF Trust), Investment Sub Advisory Agreement (Alpha Architect ETF Trust)

Sub-Advisory Services. The Sub-Adviser shall recommend to the Adviserdetermine, from time to time, what securities (and weightings) shall be purchased for the Funds, what securities (and weightings) shall be held or sold by the Funds and what portion of the Funds’ assets shall be held uninvested in cash, subject always to the provisions of the Trust’s Agreement and Declaration of Trust, By-Laws and each Fund’s prospectus and statement of additional information as set forth in the Trust’s registration statement on Form N-1A N‑1A (the “Registration Statement”) under the 1940 Act, and under the Securities Act of 1933, as amended (the “1933 Act”), covering Fund shares, as filed with the U.S. Securities and Exchange Commission (the “SEC”), and to the investment objectives, policies and restrictions of each Fund, as shall be from time to time in effect and such other limitations, policies and procedures as the Board or the Adviser may reasonably impose from time to time and provide in writing to the Sub-Adviser Sub‑Adviser (the “Investment Policies”). The To carry out such obligations, the Sub-Adviser shall be responsible for promptly informing the Adviser of each such recommendation for each Fund in writing pursuant to mutually agreed notification protocols. In turn, the parties understand exercise full discretion and acknowledge that the Adviser will rely on such recommendations to make final investment determinations act for the security Funds in the same manner and with the same force and effect as the Funds themselves might or could do with respect to purchases, holdingssales or other transactions, and as well as with respect to all other such things necessary or incidental to the furtherance or conduct of such purchases, sales for or other transactions. No reference in this Agreement to the Sub-Adviser having full discretionary authority over each Fund’s investment portfolio. The Sub-Adviser’s authority with respect to the Funds is non-discretionary. Nothing in this Agreement investments shall in any way limit the right of the Board or the Adviser to establish or revise policies in connection with the management of a Fund’s assets or to otherwise exercise its right to control the overall management of the Trust and each Fund. The Sub-Adviser acknowledges that the Board retains ultimate authority over each Fund and may take any and all actions necessary and reasonable to protect the interests of Fund shareholders.

Appears in 2 contracts

Samples: Sub Advisory Agreement (Tidal ETF Trust), Sub Advisory Agreement (Tidal ETF Trust)

Sub-Advisory Services. The Sub-Adviser shall recommend to the Adviser, from time to time, determine what securities (and weightingsother financial instruments) shall be purchased for the Funds, what securities (and weightingsother financial instruments) shall be held or sold by the Funds and what portion of the Funds’ assets shall be held uninvested in cash, subject always to the provisions of the Trust’s Agreement and Declaration of Trust, By-Laws and each Fund’s prospectus and statement of additional information as set forth in the Trust’s registration statement on Form N-1A (the “Registration Statement”) under the 1940 Act, and under the Securities Act of 1933, as amended (the “1933 Act”), covering Fund shares, as filed with the U.S. Securities and Exchange Commission (the “SEC”), and to the investment objectives, policies and restrictions of each Fund, as shall be from time to time in effect and such other limitations, policies and procedures as the Board or the Adviser may reasonably impose from time to time and provide in writing to the Sub-Adviser (the “Investment Policies”). The Sub-Adviser shall be responsible for promptly informing the Adviser (or another investment sub-advisory firm designated by the Adviser (herein, a “Trading Adviser”)) of each such recommendation for each Fund in writing pursuant to mutually agreed notification protocols. In turn, the parties understand and acknowledge that the Adviser or the Trading Adviser, as the case may be, will fully rely on such recommendations to make final investment determinations for the security (and other financial instrument) purchases, holdings, and sales for each Fund’s investment portfolio. The Sub-; and to that extent, the Trading Adviser’s authority with respect to the Funds is non-discretionary. However, each of the Adviser and the Trading Adviser, as the case may be, has sole discretion to select brokerage firms to effect the recommended security (and other financial instrument) purchases and sales. In the event the Adviser or the Trading Adviser desires clarification on a particular Sub-Adviser recommendation, the Adviser or the Trading Adviser, as the case may be, will seek guidance from the Sub-Adviser prior to effecting the transaction in question. Nothing in this Agreement shall in any way limit the right of the Board or the Adviser to establish or revise policies in connection with the management of a Fund’s assets or to otherwise exercise its right to control the overall management of the Trust and each Fund. The Sub-Adviser acknowledges that the Board retains ultimate authority over each Fund and may take any and all actions necessary and reasonable to protect the interests of Fund shareholders.

Appears in 2 contracts

Samples: Sub Advisory Agreement (Tidal ETF Trust), Sub Advisory Agreement (Tidal ETF Trust)

Sub-Advisory Services. The Sub-Adviser shall recommend to the Adviserdetermine, from time to time, what securities (and weightings) weightings shall be purchased for the Funds, what securities (and weightings) shall be held or sold by the Funds and what portion of the Funds’ assets shall be held uninvested in cash, subject always to the provisions of the Trust’s Agreement and Declaration of Trust, By-Laws and each Fund’s prospectus and statement of additional information as set forth in the Trust’s registration statement on Form N-1A (the “Registration Statement”) under the 1940 Act, and under the Securities Act of 1933, as amended (the “1933 Act”), covering Fund shares, as filed with the U.S. Securities and Exchange Commission (the “SEC”), and to the investment objectives, policies and restrictions of each Fund, as shall be from time to time in effect and such other limitations, policies and procedures as the Board or the Adviser may reasonably impose from time to time and provide in writing to the Sub-Adviser (the “Investment Policies”). The Sub-Adviser shall be responsible for promptly informing the Adviser of each such recommendation determination for each Fund in writing pursuant to mutually agreed notification protocols. In turn, the parties understand and acknowledge that the Adviser will rely on such recommendations to make final investment determinations instructions for the security purchases, holdings, and sales for each Fund’s investment portfolio. The Sub-Adviser’s authority with respect to the Funds is non-discretionary. Nothing in this Agreement shall in any way limit the right of the Board or the Adviser to establish or revise policies in connection with the management of a Fund’s assets or to otherwise exercise its right to control the overall management of the Trust and each Fund. The Sub-Adviser acknowledges that the Board retains ultimate authority over each Fund and may take any and all actions necessary and reasonable to protect the interests of Fund shareholders; provided however, that while the Fund’s investment objective is track the total return performance, before fees and expenses of the JLens Jewish Advocacy U.S. Index, the Board recognizes that it is in the best interest of the Fund’s shareholders to pursue the Fund’s investment objective while also engaging in Jewish-values advocacy with companies held in the Fund’s portfolio.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (EA Series Trust)

Sub-Advisory Services. The Sub-Adviser shall recommend to the Adviserdetermine, from time to time, what securities (and weightings) shall be purchased for the Funds, what securities (and weightings) shall be held or sold by the Funds and what portion of the Funds’ assets shall be held uninvested in cash, subject always to the provisions of the Trust’s Agreement and Declaration of Trust, By-Laws and each Fund’s prospectus and statement of additional information as set forth in the Trust’s registration statement on Form N-1A N‑1A (the “Registration Statement”) under the 1940 Act, and under the Securities Act of 1933, as amended (the “1933 Act”), covering Fund shares, as filed with the U.S. Securities and Exchange Commission (the “SEC”), and to the investment objectives, policies and restrictions of each Fund, as shall be from time to time in effect and such other limitations, policies and procedures as the Board or the Adviser may reasonably impose from time to time and provide in writing to the Sub-Adviser Sub‑Adviser (the “Investment Policies”). The To carry out such obligations, the Sub-Adviser shall be responsible for promptly informing the Adviser of each such recommendation for each Fund in writing pursuant to mutually agreed notification protocols. In turn, the parties understand exercise full discretion and acknowledge that the Adviser will rely on such recommendations to make final investment determinations act for the security Funds in the same manner and with the same force and effect as the Funds themselves might or could do with respect to purchases, holdingssales or other transactions, and as well as with respect to all other such things necessary or incidental to the furtherance or conduct of such purchases, sales for or other transactions. No reference in this Agreement to the Sub-Adviser having full discretionary authority over each Fund’s investment portfolio. The Sub-Adviser’s authority with respect to the Funds is non-discretionary. Nothing in this Agreement investments shall in any way limit the right of the Board or the Adviser to establish or revise policies in connection with the management of a Fund’s assets or to otherwise exercise its right to control the overall management of the Trust and each Fund. The Sub-Adviser acknowledges that the Board retains ultimate authority over each Fund and may take any and all actions necessary and reasonable to protect the interests of Fund shareholders. Notwithstanding the foregoing provisions of Section 2, however, (i) the Sub-Adviser shall, upon and in accordance with written instructions from the Adviser, effect such portfolio transactions for the Funds to comply with the Investment Policies, and (ii) upon notice to the Sub-Adviser, the Adviser may effect in-kind redemptions with shareholders of one or more Funds with the relevant Fund’s holdings.

Appears in 1 contract

Samples: Sub Advisory Agreement (Tidal ETF Trust)

Sub-Advisory Services. The Sub-Adviser shall recommend to the Adviserdetermine, from time to time, what securities (and weightings) shall be purchased for the Funds, what securities (and weightings) shall be held or sold by the Funds and what portion of the Funds’ assets shall be held uninvested in cash, subject always to the provisions of the Trust’s Agreement and Declaration of Trust, By-Laws and each Fund’s prospectus and statement of additional information as set forth in the Trust’s registration statement on Form N-1A (the “Registration Statement”) under the 1940 Act, and under the Securities Act of 1933, as amended (the “1933 Act”), covering Fund shares, as filed with the U.S. Securities and Exchange Commission (the “SEC”), and to the investment objectives, policies and restrictions of each Fund, as shall be from time to time in effect effect, and such other limitations, policies and procedures as the Board or the Adviser may reasonably impose from time to time and provide in writing to the Sub-Adviser (the “Investment Policies”). The To carry out such obligations, the Sub-Adviser shall be responsible for promptly informing the Adviser of each such recommendation for each Fund in writing pursuant to mutually agreed notification protocols. In turn, the parties understand exercise full discretion and acknowledge that the Adviser will rely on such recommendations to make final investment determinations act for the security Funds in the same manner and with the same force and effect as the Funds themselves might or could do with respect to purchases, holdingssales or other transactions, and as well as with respect to all other such things necessary or incidental to the furtherance or conduct of such purchases, sales for or other transactions. No reference in this Agreement to the Sub-Adviser having full discretionary authority over each Fund’s investment portfolio. The Sub-Adviser’s authority with respect to the Funds is non-discretionary. Nothing in this Agreement investments shall in any way limit the right of the Board or the Adviser to establish or revise policies in connection with the management of a Fund’s assets or to otherwise exercise its right to control the overall management of the Trust and each Fund. The Sub-Adviser acknowledges that the Board retains ultimate authority over each Fund and may take any and all actions necessary and reasonable to protect the interests of Fund shareholders.

Appears in 1 contract

Samples: Sub Advisory Agreement (Tidal ETF Trust)

Sub-Advisory Services. The Sub-Adviser shall recommend to the Adviser, from time to time, determine what securities (and weightingsother financial instruments) shall be purchased for the Funds, what securities (and weightingsother financial instruments) shall be held or sold by the Funds and what portion of the Funds’ assets shall be held uninvested in cash, subject always to the provisions of the Trust’s Agreement and Declaration of Trust, By-Laws and each Fund’s prospectus and statement of additional information as set forth in the Trust’s registration statement on Form N-1A (the “Registration Statement”) under the 1940 Act, and under the Securities Act of 1933, as amended (the “1933 Act”), covering Fund shares, as filed with the U.S. Securities and Exchange Commission (the “SEC”), and to the investment objectives, policies and restrictions of each Fund, as shall be from time to time in effect and such other limitations, policies and procedures as the Board or the Adviser may reasonably impose from time to time and provide in writing to the Sub-Adviser (the “Investment Policies”). The Sub-Adviser shall be responsible for promptly informing the Adviser (or another investment sub-advisory firm designated by the Adviser (herein, a “Trading Adviser”)) of each such recommendation for each Fund in writing pursuant to mutually agreed notification protocols. In turn, the parties understand and acknowledge that the Adviser or the Trading Adviser, as the case may be, will fully rely on such recommendations to make final investment determinations for the security (and other financial instrument) purchases, holdings, and sales for each Fund’s investment portfolio. The Sub-; and to that extent, the Trading Adviser’s authority with respect to the Funds is non-discretionary. However, each of the Adviser and the Trading Adviser, as the case may be, has sole discretion to select brokerage firms to effect the recommended security (and other financial instrument) purchases and sales. In the event the Adviser or the Trading Adviser desire clarification on a particular Sub-Adviser recommendation, the Adviser or the Trading Adviser, as the case may be, will seek guidance from the Sub-Adviser prior to effecting the transaction in question. Nothing in this Agreement shall in any way limit the right of the Board or the Adviser to establish or revise policies in connection with the management of a Fund’s assets or to otherwise exercise its right to control the overall management of the Trust and each Fund. The Sub-Adviser acknowledges that the Board retains ultimate authority over each Fund and may take any and all actions necessary and reasonable to protect the interests of Fund shareholders.

Appears in 1 contract

Samples: Sub Advisory Agreement (Tidal ETF Trust)

Sub-Advisory Services. The Sub-Adviser shall recommend to the Adviser, from time to time, what securities (and weightings) shall be purchased for the Funds, what securities (and weightings) shall be held or sold by the Funds and what portion of the Funds’ assets shall be held uninvested in cash, subject always to the provisions of the Trust’s Agreement and Declaration of Trust, By-Laws and each Fund’s prospectus and statement of additional information as set forth in the Trust’s registration statement on Form N-1A (the “Registration Statement”) under the 1940 Act, and under the Securities Act of 1933, as amended (the “1933 Act”), covering Fund shares, as filed with the U.S. Securities and Exchange Commission (the “SEC”), and to the investment objectives, policies and restrictions of each Fund, as shall be from time to time in effect and such other limitations, policies and procedures as the Board or the Adviser may reasonably impose from time to time and provide in writing to the Sub-Adviser (the “Investment Policies”). The Sub-Adviser shall be responsible for promptly informing the Adviser of each such recommendation for each Fund in writing pursuant to mutually agreed notification protocols. In turn, the parties understand and acknowledge that the Adviser will rely on such recommendations to make final investment determinations for the security purchases, holdings, and sales for each Fund’s investment portfolio. The Sub-Adviser’s authority with respect to the Funds is non-discretionary. As such, the Adviser will be responsible for accurately and timely implementing recommendations provided by the Sub-Adviser. Nothing in this Agreement shall in any way limit the right of the Board or the Adviser to establish or revise policies in connection with the management of a Fund’s assets or to otherwise exercise its right to control the overall management of the Trust and each Fund. The Sub-Adviser acknowledges that the Board retains ultimate authority over each Fund and may take any and all actions necessary and reasonable to protect the interests of Fund shareholders.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Alpha Architect ETF Trust)

Sub-Advisory Services. The Sub-Adviser shall recommend have discretionary responsibility to the Adviser, from time to time, determine what securities (and weightings) shall be purchased for the Funds, what securities (and weightings) shall be held or sold by the Funds and what portion of the Funds’ assets shall be held uninvested in cash, subject always to the provisions of the Trust’s Agreement and Declaration of Trust, By-Laws and each Fund’s prospectus and statement of additional information as set forth in the Trust’s registration statement on Form N-1A (the “Registration Statement”) under the 1940 Act, and under the Securities Act of 1933, as amended (the “1933 Act”), covering Fund shares, as filed with the U.S. Securities and Exchange Commission (the “SEC”), and to the investment objectives, policies and restrictions of each Fund, as shall be from time to time in effect and such other limitations, policies and procedures as the Board or the Adviser may reasonably impose from time to time and provide in writing to the Sub-Adviser (the “Investment Policies”). The Sub-Adviser shall be responsible for promptly informing the Adviser of each such recommendation determination for each Fund in writing pursuant to mutually agreed notification protocols. In turn, the parties understand and acknowledge that the Adviser will rely on such recommendations to make final investment determinations for the security purchases, holdings, and sales for each Fund’s investment portfolio. The Sub-Adviser’s authority with respect to the Funds is non-discretionary. Nothing in this Agreement shall in any way limit the right of the Board or the Adviser to establish or revise policies in connection with the management of a Fund’s assets or to otherwise exercise its right to control the overall management of the Trust and each Fund. The Sub-Adviser acknowledges that the Board retains ultimate authority over each Fund and may take any and all actions necessary and reasonable to protect the interests of Fund shareholders.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (EA Series Trust)