Common use of The Manager's Services Clause in Contracts

The Manager's Services. (a) Subject always to the supervision of the Trustees of the Trust and the investment policies and restrictions applicable to the Fund as set forth in the registration statement of the Trust filed with the Securities and Exchange Commission (the "SEC"), the Manager is hereby authorized and directed and hereby agrees to provide for the general management and investment of the Fund's portfolio, including setting the Fund's overall investment strategies. The Manager shall develop, recommend and implement such investment programs and strategies for the Fund as may from time to time in the circumstances appear most appropriate to the achievement of the investment objective of the Fund as stated in the aforesaid registration statement, to provide research and analysis relative to the investment program and investments of the Fund, to determine what securities should be purchased and sold and what portion of the assets of the Fund should be held in cash or cash equivalents or other assets and to monitor on a continuing basis the performance of the portfolio securities of the Fund. In addition, the Manager will place orders for the purchase and sale of securities and will advise the custodian for the Fund on a prompt basis of each purchase and sale of a portfolio security for the Fund specifying the name of the issuer, the description and amount or number of shares of the security purchased, the market price, commission and gross or net price, trade date, settlement date and identity of the effecting broker or dealer. From time to time as the Trustees of the Trust may reasonably request, the Manager will furnish to the Trust's officers and to each of its Trustees reports on portfolio transactions and reports on issues of securities held in the Fund, all in such detail as any such Trustee may reasonably request. The Manager will also inform the Trust's officers and Trustees on a current basis of changes in investment strategy or tactics. The Manager will make its officers and employees available to meet with the Trust's officers and Trustees at least quarterly on due notice to review the investments and investment program of the Fund in the light of current and prospective economic and market conditions. In the performance of its duties hereunder, the Manager will comply with the provisions of the Declaration of Trust and By-laws of the Trust, each as amended from time to time, and will use its best efforts to safeguard and promote the welfare of the Trust and to comply with other policies which the Trustees may from time to time adopt and shall exercise the same care and diligence expected of the Trustees.

The Manager's Services. (a) Subject always to the supervision of the Trustees of the Trust and the investment policies and restrictions applicable to the Fund as set forth in the registration statement of the Trust filed with the Securities and Exchange Commission (the "SEC"), the Manager is hereby authorized and directed and hereby agrees to provide for the general management and investment of the Fund's portfolio, including setting the Fund's overall investment strategies. The Manager shall develop, recommend and implement such investment programs and strategies for the Fund as may from time to time in the circumstances appear most appropriate to the achievement of the investment objective of the Fund as stated in the aforesaid registration statement, to provide research and analysis relative to the investment program and investments of the Fund, to determine what securities should be purchased and sold and what portion of the assets of the Fund should be held in cash or cash equivalents or other assets and to monitor on a continuing basis the performance of the portfolio securities of the Fund. In addition, the Manager will place orders for the purchase and sale of securities and will advise the custodian for the Fund on a prompt basis of each purchase and sale of a portfolio security for the Fund specifying the name of the issuer, the description and amount or number of shares of the security purchased, the market price, commission and gross or net price, trade date, settlement date and identity of the effecting broker or dealer. From time to time as the Trustees of the Trust may reasonably request, the Manager will furnish to the Trust's officers and to each of its Trustees reports on portfolio transactions and reports on issues of securities held in the Fund, all in such detail as any such Trustee may reasonably request. The Manager will also inform the Trust's officers and Trustees on a current basis of changes in investment strategy or tactics. The Manager will make its officers and employees available to meet with the Trust's officers and Trustees at least quarterly on due notice to review the investments and investment program of the Fund in the light of current and prospective economic and market conditions. In the performance of its duties hereunder, the Manager will comply with the provisions of the Declaration of Trust and By-laws of the Trust, each as amended from time to time, and will use its best efforts to safeguard and promote the welfare of the Trust and to comply with other policies which the Trustees may from time to time adopt and shall exercise the same care and diligence expected of the Trustees.

The Manager's Services. (a) Subject always to the supervision of the Trustees of the Trust and the investment policies and restrictions applicable to the each Fund as set forth in the registration statement of the Trust filed with the Securities and Exchange Commission (the "SEC"), the Manager is hereby authorized and directed and hereby agrees to provide for the general management and investment of the Fund's portfolio, including setting the Fund's overall investment strategies. The Manager shall develop, recommend and implement such investment programs and strategies for the Fund Funds as may from time to time in the circumstances appear most appropriate to the achievement of the respective investment objective objectives of the Fund Funds as stated in the aforesaid registration statement, to provide research and analysis relative to the investment program and investments of the each Fund, to determine what securities should be purchased and sold and what portion of the assets of the each Fund should be held in cash or cash equivalents or other assets and to monitor on a continuing basis the performance of the portfolio securities of the Fund. In addition, the Manager will place orders for the purchase and sale of securities and will advise the custodian for the each Fund on a prompt basis of each purchase and sale of a portfolio security for the such Fund specifying the name of the issuer, the description and amount or number of shares of the security purchased, the market price, commission and gross or net price, trade date, settlement date and identity of the effecting broker or dealer. From time to time as the Trustees of the Trust may reasonably request, the Manager will furnish to the Trust's officers and to each of its Trustees reports on portfolio transactions and reports on issues of securities held in the each Fund, all in such detail as any such Trustee may reasonably request. The Manager will also inform the Trust's officers and Trustees on a current basis of changes in investment strategy or tactics. The Manager will make its officers and employees available to meet with the Trust's officers and Trustees at least quarterly on due notice to review the investments and investment program of the each Fund in the light of current and prospective economic and market conditions. In the performance of its duties hereunder, the Manager will comply with the provisions of the Declaration of Trust and By-laws of the Trust, each as amended from time to time, and will use its best efforts to safeguard and promote the welfare of the Trust and to comply with other policies which the Trustees may from time to time adopt and shall exercise the same care and diligence expected of the Trustees.

The Manager's Services. (a) Subject always to the supervision of the Trustees of the Trust and the investment policies and restrictions applicable to the Fund as set forth in the registration statement of the Trust filed with the Securities and Exchange Commission (the "SEC"), the Manager is hereby authorized and directed and hereby agrees to provide for the general management and investment of the Fund's portfolio, including setting the Fund's overall investment strategies. The Manager shall develop, recommend and implement such investment programs and strategies for the Fund Funds as may from time to time in the circumstances appear most appropriate to the achievement of the investment objective of the Fund as stated in the aforesaid registration statement, to provide research and analysis relative to the investment program and investments of the Fund, to determine what securities should be purchased and sold and what portion of the assets of the Fund should be held in cash or cash equivalents or other assets and to monitor on a continuing basis the performance of the portfolio securities of the Fund. In addition, the Manager will place orders for the purchase and sale of securities and will advise the custodian for the Fund on a prompt basis of each purchase and sale of a portfolio security for the Fund specifying the name of the issuer, the description and amount or number of shares of the security purchased, the market price, commission and gross or net price, trade date, settlement date and identity of the effecting broker or dealer. From time to time as the Trustees of the Trust may reasonably request, the Manager will furnish to the Trust's officers and to each of its Trustees reports on portfolio transactions and reports on issues of securities held in the Fund, all in such detail as any such Trustee may reasonably request. The Manager will also inform the Trust's officers and Trustees on a current basis of changes in investment strategy or tactics. The Manager will make its officers and employees available to meet with the Trust's officers and Trustees at least quarterly on due notice to review the investments and investment program of the Fund in the light of current and prospective economic and market conditions. In the performance of its duties hereunder, the Manager will comply with the provisions of the Declaration of Trust and By-laws of the Trust, each as amended from time to time, and will use its best efforts to safeguard and promote the welfare of the Trust and to comply with other policies which the Trustees may from time to time adopt and shall exercise the same care and diligence expected of the Trustees.

The Manager's Services. (a) Subject always to the supervision of the Trustees of the Trust and the investment policies and restrictions applicable to the each Fund as set forth in the registration statement of the Trust filed with the Securities and Exchange Commission (the "“SEC"”), the Manager is hereby authorized and directed and hereby agrees to provide for the general management and investment of the Fund's portfolio, including setting the Fund's overall investment strategies. The Manager shall develop, recommend and implement such investment programs and strategies for the Fund Funds as may from time to time in the circumstances appear most appropriate to the achievement of the respective investment objective objectives of the Fund Funds as stated in the aforesaid registration statement, to provide research and analysis relative to the investment program and investments of the each Fund, to determine what securities should be purchased and sold and what portion of the assets of the each Fund should be held in cash or cash equivalents or other assets and to monitor on a continuing basis the performance of the portfolio securities of the Fund. In addition, the Manager will place orders for the purchase and sale of securities and will advise the custodian for the each Fund on a prompt basis of each purchase and sale of a portfolio security for the such Fund specifying the name of the issuer, the description and amount or number of shares of the security purchased, the market price, commission and gross or net price, trade date, settlement date and identity of the effecting broker or dealer. From time to time as the Trustees of the Trust may reasonably request, the Manager will furnish to the Trust's ’s officers and to each of its Trustees reports on portfolio transactions and reports on issues of securities held in the each Fund, all in such detail as any such Trustee may reasonably request. The Manager will also inform the Trust's ’s officers and Trustees on a current basis of changes in investment strategy or tactics. The Manager will make its officers and employees available to meet with the Trust's ’s officers and Trustees at least quarterly on due notice to review the investments and investment program of the each Fund in the light of current and prospective economic and market conditions. In the performance of its duties hereunder, the Manager will comply with the provisions of the Declaration of Trust and By-laws of the Trust, each as amended from time to time, and will use its best efforts to safeguard and promote the welfare of the Trust and to comply with other policies which the Trustees may from time to time adopt and shall exercise the same care and diligence expected of the Trustees.