Common use of Subadvisers Clause in Contracts

Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement by employing, subject to the direction and control of the Board, one or more persons who are registered as investment advisers pursuant to the Advisers Act or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser assumes responsibility in writing.

Appears in 76 contracts

Samples: Forum Funds (Forum Funds), Interim Investment Advisory Agreement (Forum Funds), Forum Funds Ii (Forum Funds Ii)

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Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement by employing, subject to the direction and control of the Board, one or more persons who are registered as investment advisers pursuant to the Advisers Act or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's ’s employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser assumes responsibility in writing.

Appears in 21 contracts

Samples: Investment Advisory Agreement (Forum Funds Ii), Forum Funds Ii (Forum Funds Ii), Forum Funds Ii (Forum Funds Ii)

Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement agreement by employing, subject to the direction and control of the BoardAdviser’s supervision, one or more persons who are registered as investment advisers pursuant to the Investment Advisers Act of 1940, as amended, or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's ’s employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable FundPortfolio. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser assumes responsibility in writing.

Appears in 3 contracts

Samples: Milestone Funds (Milestone Funds), Milestone Funds (Milestone Funds), Investment Advisory Agreement (Milestone Funds)

Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement by employing, subject to the direction and control of the Board, one or more persons who are registered as investment advisers pursuant to the Advisers Act or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser assumes responsibility in writing.

Appears in 3 contracts

Samples: Forum Funds Investment Advisory Agreement (Forum Funds), Forum Funds Investment Advisory Agreement (Forum Funds), Forum Funds Investment Advisory Agreement (Forum Funds)

Subadvisers. At its their own expense, the Adviser Advisers may carry out any of its their obligations under this Agreement by employing, subject to the direction and control of the Board, one or more persons who are registered as investment advisers pursuant to the Advisers Act or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's Subadvisers' employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser Advisers shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser Subadvisers and except with respect to matters as to which the Adviser Advisers assumes responsibility in writing.

Appears in 3 contracts

Samples: Management Agreement (Monteagle Funds), Funds Management Agreement (Monteagle Funds), Funds Management Agreement (Memorial Funds)

Subadvisers. At its own expense, the Adviser Advisor may carry out any of its obligations under this Agreement by employing, subject to the direction and control of the Board, one or more persons who are registered as investment advisers pursuant to the Advisers Act or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser Advisor shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser Advisor assumes responsibility in writing.

Appears in 2 contracts

Samples: Funds Investment Advisory Agreement (Forum Funds), Funds Investment Advisory Agreement (Forum Funds)

Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement agreement by employing, subject to the direction and control of the Boardits supervision, one or more persons who are registered as investment advisers pursuant to the Investment Advisers Act of 1940, as amended, or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser assumes responsibility in writing.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Norwest Select Funds), Norwest Select Funds

Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement by employing, subject to the direction and control of the Board, one or more persons who are registered as investment advisers pursuant to the Advisers Act or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's ’s employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser assumes responsibility in writing.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Forum Funds Ii), Interim Investment Advisory Agreement (Forum Funds Ii)

Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement by employing, subject to the direction and control of the Board, one or more persons who are registered as investment advisers pursuant to the Advisers Act or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's ’s employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except (i) to exercise good faith in the employment of the Subadviser and except Subadviser, (ii) with respect to the failure of the Subadviser to abide by and adhere to the terms and conditions of the Exemptive Order and (iii) with respect to such other matters as to which the Adviser assumes responsibility in writing.

Appears in 2 contracts

Samples: Forum Etf Trust (Forum ETF Trust), Forum Etf Trust (Forum ETF Trust)

Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement by employing, subject to the direction and control of the Boardyour supervision, one or more persons who are registered as investment advisers pursuant to the Investment Advisers Act of 1940, as amended, or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser assumes responsibility in writing.

Appears in 2 contracts

Samples: Advisory Agreement (Norwest Advantage Funds /Me/), Investment Advisory Agreement (Norwest Advantage Funds /Me/)

Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement agreement by employing, subject to the direction and control of the Boardyour supervision, one or more persons who are registered as investment advisers pursuant to the Investment Advisers Act of 1940, as amended, or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser assumes responsibility in writing.

Appears in 2 contracts

Samples: Forum Funds Investment Advisory Agreement (Forum Funds Inc), Norwest Advantage Funds

Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement by employing, subject to the direction and control of the Board, one or more persons who are registered as investment advisers pursuant to the Advisers Act or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser assumes responsibility in writing.

Appears in 2 contracts

Samples: Forum Funds Ii Investment Advisory Agreement (Forum Funds Ii), Forum Funds Ii Investment Advisory Agreement (Forum Funds Ii)

Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement agreement by employing, subject to the direction and control of the Boardyour supervision, one or more persons who are registered as investment advisers pursuant to the Investment Advisers Act of 1940, as amended, or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser assumes responsibility in writing.

Appears in 1 contract

Samples: Norwest Advantage Funds

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Subadvisers. At its their own expense, the Adviser Advisers may carry out any of its their obligations under this Agreement by employing, subject to the direction and control of the Board, one or more persons who are registered as investment advisers pursuant to the Advisers Act or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's Subadvisers’ employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser Advisers shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser Subadvisers and except with respect to matters as to which the Adviser Advisers assumes responsibility in writing.

Appears in 1 contract

Samples: Monteagle Funds (Memorial Funds)

Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement by employing, subject to the direction and control of the Board, one or more persons who are registered as investment advisers pursuant to the Advisers Act or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser shall be selected by the Adviser, and each such Subadviser's employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser assumes responsibility in writing.

Appears in 1 contract

Samples: Altmfx Trust Investment Advisory Agreement (Altmfx Trust)

Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement by employing, subject to the direction and control of the Board, one or more persons who are registered as investment advisers pursuant to the Advisers Act or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable FundSeries. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser assumes responsibility in writing.

Appears in 1 contract

Samples: Investment Advisory Agreement (Black Diamond Funds)

Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement by employing, subject to the direction and control of the Board, one or more persons who are registered as investment advisers pursuant to the Advisers Act or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser assumes responsibility in writing.. $$/BREAK/$$END

Appears in 1 contract

Samples: Forum Funds Investment Advisory Agreement (Forum Funds)

Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement by employing, subject to the direction and control of the Board, one or more persons who are registered as investment advisers pursuant to the Advisers Act or who are exempt from registration thereunder ("SubadvisersSub advisers"). Each SubadviserSub adviser's employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser assumes responsibility in writing.

Appears in 1 contract

Samples: Forum Funds Ii Investment Advisory Agreement (Forum Funds Ii)

Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement by employing, subject to the direction and control of the Board, one or more persons who are registered as investment advisers pursuant to the Advisers Act or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's ’s employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser assumes responsibility in writing. For purposes of this Agreement, the parties agree that they shall not consider the Adviser to be a Subadviser to the Fund by virtue of the Subsidiary Agreement with the Company.

Appears in 1 contract

Samples: Forum Funds (Forum Funds)

Subadvisers. At its own expense, the Adviser may carry out any of its obligations under this Agreement by employing, subject to the direction and control of the Board, one or more persons who are registered as investment advisers pursuant to the Advisers Act or who are exempt from registration thereunder ("Subadvisers"). Each Subadviser's ’s employment will be evidenced by a separate written agreement approved by the Board and, if required, by the shareholders of the applicable Fund. The Adviser shall not be liable hereunder for any act or omission of any Subadviser, except to exercise good faith in the employment of the Subadviser and except with respect to matters as to which the Adviser assumes responsibility in writing.

Appears in 1 contract

Samples: Interim Investment Advisory Agreement (Forum Funds)

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