Common use of Appointment of Marketing Agent Clause in Contracts

Appointment of Marketing Agent. The Marketing Agent shall serve the Lead Agent or the Governing Board pursuant to the terms of the Services and Marketing Agreement. The Marketing Agent shall be liable to the Lead Agent, the Chief Investment Officer and the Governing Board under the terms of the Indemnity Agreement. The Marketing Agreement may also serve as or be an Affiliate of the Administrator, a Custodian and the Investment Consultant.