SERVICES TO BE RENDERED BY SUB-ADVISER. A. As a sub-adviser to the Portfolio(s), the Sub-Adviser will invest and reinvest the assets of the Portfolio(s) and determine the composition of the assets of the Portfolio(s), subject always to the supervision and control of the Adviser and the Trust Board.
SERVICES TO BE RENDERED BY SUB-ADVISER. A. Subject to the oversight and supervision of the Trustees and the Adviser and consistent with its fiduciary duties to each Fund, the Sub-Adviser will coordinate the investment and reinvestment of the assets of each Fund, and determine the composition of each Fund, in accordance with such Fund’s investment objective and investment policies as stated in the then-current prospectus (“Prospectus”) and Statement of Additional Information (“SAI”) for such Fund contained in the Trust’s Registration Statement, as such prospectus and SAI are amended or supplemented from time to time. As part of the services it will provide hereunder, the Sub-Adviser will do the following for the Fund:
SERVICES TO BE RENDERED BY SUB-ADVISER. (a) Subject always to the control of the Manager and the Trustees of the Trust and to such policies as the Trustees may determine, the Sub-Adviser agrees, at its expense, to assist the Manager with furnishing continuously an investment program for the Fund, pursuant to which the Sub-Adviser will be responsible for making investment decisions in respect of such portion of the Fund’s assets and placing orders for the purchase and sale of such portion of the Fund’s portfolio securities, in each case as the Manager may request from time to time.
SERVICES TO BE RENDERED BY SUB-ADVISER. A. As a sub-adviser to the Portfolio(s), the Sub-Adviser will invest and reinvest the assets of the Portfolio(s) and determine the composition of the assets of the Portfolio(s), subject always to the supervision and control of the Adviser and the Trust Board. All directions by or on behalf of the Adviser or the Trust Board shall be in writing signed by the Adviser or by an authorized agent of the Adviser or, if by telephone, confirmed in writing. For this purpose, the term “in writing” shall include directions given by facsimile or electronic mail. A list of persons authorized to give instructions to the Sub-Adviser shall be provided to the Sub-Adviser by the Adviser initially and as amended.
SERVICES TO BE RENDERED BY SUB-ADVISER. A. As a sub-adviser to the Portfolio(s), the Sub-Adviser will invest and reinvest the assets of the Portfolio(s) and determine the composition of the assets of the Portfolio(s), subject always to the supervision and control of the Adviser and the Trust Board. With respect to the Tactical Index Portfolios (as defined on Appendix A), the Sub-Adviser will provide the Adviser with a recommendation on how best to effect the equity exposure for each Tactical Index Portfolio requested by the Adviser and execute the trading strategy as recommended by the Sub-Adviser and agreed to by the Adviser. In effecting the services described herein, Adviser and Sub-Adviser may adhere to the procedures set forth in a service level document, which may be amended from time to time. The Adviser acknowledges that (i) any information, data, advice or recommendations that Sub-Adviser provides to the Adviser with respect to the Adviser’s equity allocation model (“Model”) is for informational purposes only and the Sub-Adviser shall have no liability for such information, data, advice or recommendations should the Adviser choose to incorporate it into its Model nor will the Sub-Adviser have any liability for the investment outcome as a result of using the Model, and (ii) the Sub-Adviser will only act as the Adviser’s agent in implementing the trading strategy recommended by the Sub-Adviser and approved by the Adviser.
SERVICES TO BE RENDERED BY SUB-ADVISER. (a) Subject always to the control of the trustees (the “Trustees”) of Pear Tree Funds, a Massachusetts business trust (the “Trust”), and the Manager, the Sub-Adviser, at its expense, will implement the investment program for Pear Tree Quality Fund (the “Fund”), a separate series of the Trust, furnished to the Sub-Adviser by the Manager as follows.
SERVICES TO BE RENDERED BY SUB-ADVISER
