Common use of THE COMPANY'S DUTIES Clause in Contracts

THE COMPANY'S DUTIES. Subject to the supervision and control of the Investment Company's Board of Directors ("Board"), and in furtherance of the Investment Company's desire to have the Company assist the Fund in adapting to the complexities of the Hub and Spoke(R) investment structure, the Company undertakes and agrees to provide, or cause to be provided, to the Fund(s) developmental, organizational, administrative, and compliance and allied services that are unique to the Hub and Spoke(R) investment structure, such services to be provided within the scope of applicable Federal and State regulations. The foregoing, along with any additional services that the Company shall from time to time agree to provide for the Investment Company under this Section One shall hereinafter be referred to as "Developmental Support Services." SECTION TWO: ADMINISTRATIVE SERVICES.

THE COMPANY'S DUTIES. Subject to the supervision and control of the Investment Company's Board of Directors ("Board"), and in furtherance of the Investment Company's desire to have the Company assist the Fund in adapting to the complexities of the Hub and Spoke(R) investment structure, the Company undertakes and agrees to provide, or cause to be provided, to the Fund(s) developmental, organizational, administrative, and compliance and allied services that are unique to the Hub and Spoke(R) investment structure, such services to be provided within the scope of applicable Federal and State regulations. The foregoing, along with any additional services that the Company shall from time to time agree to provide for the Investment Company under this Section One shall hereinafter be referred to as "Developmental Support Services." SECTION TWO: ADMINISTRATIVE SERVICES."