Exhibit 99 Sub-Item 77Q1(e) INVESTMENT ADVISORY AGREEMENT AGREEMENT made this 30th day of June, 1997 by and between Focus Trust, Inc. (the "Corporation"), a Maryland corporation and Focus Capital Advisory, L.P. (the "Adviser"), a Pennsylvania limited...Investment Advisory Agreement • August 7th, 1997 • Focus Trust Inc • Pennsylvania
AGREEMENT made this 30th day of June, 1997 by and between Focus Trust, Inc. (the "Corporation"), a Maryland corporation and Focus Capital Advisory, L.P. (the "Adviser"), a Pennsylvania limited partnership. 1. Duties of Adviser. The Corporation hereby appoints the Adviser to act as investment adviser to Focus Trust, Inc. for the period and on such terms set forth in this Agreement. The Corporation employs the Adviser to manage the investment and reinvestment of the assets of the Corporation, to determine in it discretion the assets to be held uninvested, to provide the Corporation with records concerning the Adviser's activities which the Corporation is required to maintain, and to render regular reports to the Corporation's officers and Board of Directors concerning the Adviser's discharge of the foregoing responsibilities. The Adviser shall discharge the foregoing responsibilities subject to the control of the officers and the Board of Directors of the Corporation, and in compliance w
