Common use of Activities of Administrator Clause in Contracts

Activities of Administrator. The services of Administrator are not deemed to be exclusive, and Administrator is free to render services to others, so long as Administrator’s services under this Agreement are not impaired. It is understood that trustees, officers, employees and shareholders of Trust are or may become interested persons of Administrator, as directors, officers, employees and shareholders or otherwise, and that directors, officers, employees and shareholders of Administrator are or may become similarly interested persons of Trust, and that Administrator may become interested in Trust or the Funds as a shareholder or otherwise.

Activities of Administrator. The services of Services rendered by Administrator are not deemed to be exclusive, and Administrator is free to render services to others, so long as Administrator’s services under this Agreement are not impairedto be deemed exclusive and Administrator shall be free to render similar services to others. It is understood that trusteesThe Trust recognizes that, officersfrom time to time, directors, officers and employees and shareholders of Trust are or Administrator may become interested persons of Administrator, serve as directors, officers, officers and employees and shareholders of other corporations or otherwise, businesses (including other investment companies) and that directors, officers, employees such other corporations and shareholders businesses may include Administrator as part of Administrator are or may become similarly interested persons of Trust, their name and that Administrator or its affiliates may become interested in Trust enter into administration, bookkeeping, pricing agreements or the Funds as a shareholder or otherwiseother agreements with such other corporations and businesses.

Activities of Administrator. The services of Administrator to be rendered under this Agreement are not to be deemed to be exclusive, and . Administrator is free to render such services to others, so long as Administrator’s services under this Agreement are not impairedothers and to have other businesses and interests. It is understood that trustees, officers, employees and shareholders of the Trust are or may be or become interested persons of Administrator, in Administrator as directors, officers, employees and shareholders or otherwise, otherwise and that directors, officers, officers and employees and shareholders of Administrator and its counsel are or may be or become similarly interested persons of in the Trust, and that Administrator may be or become interested in the Trust or the Funds as a shareholder or otherwise.