Common use of Appointment of the Investment Manager Clause in Contracts

Appointment of the Investment Manager. The Master Fund hereby appoints the Investment Manager to act as investment adviser and provide investment advisory services to the Master Fund, subject to the supervision of the Master Fund’s board of directors (the “Board of Directors”), for the period and on the terms and conditions set forth in this Agreement. The Investment Manager accepts such appointment and agrees to render the services and to assume the obligations set forth in this Agreement commencing on its effective date for the compensation herein provided.

Appointment of the Investment Manager. The Master Fund hereby appoints the Investment Manager Adviser to act as investment adviser and provide investment advisory services to the Master Fund, subject to the supervision of the Master Fund’s 's board of directors (the “"Board of Directors”"), for the period and on the terms and conditions set forth in this Agreement. The Investment Manager Adviser accepts such appointment and agrees to render the services and to assume the obligations set forth in this Agreement commencing on its effective date for the compensation herein provided.

Appointment of the Investment Manager. The Master Fund hereby appoints the Investment Manager to act as investment adviser and provide investment advisory services to the Master Fund, subject to the supervision of the Master Fund’s 's board of directors (the “"Board of Directors”"), for the period and on the terms and conditions set forth in this Agreement. The Investment Manager accepts such appointment and agrees to render the services and to assume the obligations set forth in this Agreement commencing on its effective date for the compensation herein provided.