Common use of Broker/Dealer Relationships Clause in Contracts

Broker/Dealer Relationships. In connection with its duties set forth in Section 2(a)(ii) of this Agreement to arrange for the purchase and the sale of securities held in the portfolio of the Fund by placing purchase and sale orders for the Fund, the Advisor shall select such broker dealers (“broker”) as shall in the Advisor’s judgment implement the policy of the Fund to achieve “best execution”, i.e. prompt and efficient execution at the most favorable securities price. In making such selection, the Advisor is authorized to consider the reliability, integrity and financial condition of the broker. The Advisor is also authorized to consider whether the broker provides brokerage and/or research services to the Fund and/or other accounts of the Advisor. The commissions paid to such brokers may be higher than another broker would have charged if a good faith determination is made by the Advisor that the commission is reasonable in relation to the services provided, viewed in terms of either that particular transaction or the Advisor’s overall responsibilities as to the account as to which it exercises investment discretion. The Advisor shall use its judgment in determining the amount of commissions paid are reasonable in relation to the value of brokerage and research services provided and need not place or attempt to place a specific dollar value on such services or on the portion of commission rates reflecting such services. To demonstrate that such determinations were in good faith, and to show the overall reasonableness of commissions paid, the Advisor shall be prepared to show that commissions paid (i) were for purposes contemplated by this agreement; (ii) were for products or services that provide lawful and appropriate assistance to the Advisor’s decision-making process; and (iii) were within a reasonable range as compared to the rates charged by qualified brokers to other institutional investors as such rates may become known from available information. The Fund recognizes that, on any particular transaction, a higher than usual commission may be paid due to the difficulty of the transaction in question. The Advisor is also authorized to consider sales of shares as a factor in the selection of brokers to execute brokerage and principal transactions, subject to the requirements of “best execution”, as defined above.

Broker/Dealer Relationships. In connection with its duties set forth in Section 2(a)(ii) of this Agreement to arrange for the purchase and the sale of securities held in the portfolio of by the Fund by placing purchase and sale orders for the Fund, the Advisor shall select such broker broker-dealers (“broker”"brokers") as shall shall, in the Advisor’s judgment 's judgment, implement the policy of the Fund Trust to achieve “"best execution”", i.e. i.e., prompt and efficient execution at the most favorable securities price. In making such selection, the Advisor is authorized to consider the reliability, integrity and financial condition of the broker. The Advisor is also authorized to consider whether the broker provides brokerage and/or research and other services to the Fund and/or other accounts of the Advisor. The commissions paid to such brokers may be higher than another broker would have charged if a good faith determination is made by the Advisor that the commission is reasonable in relation to the services provided, viewed in terms of either that particular transaction or the Advisor’s 's overall responsibilities as to the account accounts as to which it exercises investment discretion. The Advisor shall use its judgment in determining that the amount of commissions paid are reasonable in relation to the value of brokerage and research services provided and need not place or attempt to place a specific dollar value on such services or on the portion of commission rates reflecting such services. To demonstrate that such determinations were in good faith, and to show the overall reasonableness of commissions paid, the Advisor shall be prepared to show that commissions paid (i) were for purposes contemplated by this agreementAgreement; (ii) were for products or services that provide lawful and appropriate assistance to the Advisor’s Advisor in the performance of its decision-making processresponsibilities; and (iii) were within a reasonable range as compared to the rates charged by qualified brokers to other institutional investors as such rates may become known from available information. The Fund Trust recognizes that, on any particular transaction, a higher than usual commission may be paid due to the difficulty of the transaction in question. The Advisor also is also authorized to consider sales of shares as a factor shares, and any other factors that the Trustees shall direct, in the selection of brokers to execute brokerage and principal transactions, subject to the requirements of “"best execution”", as defined above.

Broker/Dealer Relationships. In connection with its duties set forth in Section 2(a)(ii) of this Agreement to arrange for the purchase and the sale of securities held in by the portfolio of the Fund Trust by placing purchase and sale orders for the FundTrust, the Advisor shall select such broker broker-dealers (“broker”"brokers") as shall shall, in the Advisor’s judgment 's judgment, implement the policy of the Fund Trust to achieve “"best execution”", i.e. i.e., prompt and efficient execution at the most favorable securities price. In making such selection, the Advisor is authorized to consider the reliability, integrity and financial condition of the broker. The Advisor is also authorized to consider whether the broker provides brokerage and/or research services to the Fund Trust and/or other accounts of the Advisor. The commissions paid to such brokers may be higher than another broker would have charged if a good faith determination is made by the Advisor that the commission is reasonable in relation to the services provided, viewed in terms of either that particular transaction or the Advisor’s 's overall responsibilities as to the account accounts as to which it exercises investment discretion. The Advisor shall use its judgment in determining that the amount of commissions paid are reasonable in relation to the value of brokerage and research services provided and need not place or attempt to place a specific dollar value on such services or on the portion of commission rates reflecting such services. To demonstrate that such determinations were in good faith, and to show the overall reasonableness of commissions paid, the Advisor shall be prepared to show that commissions paid (i) were for purposes contemplated by this agreementAgreement; (ii) were for products or services that provide lawful and appropriate assistance to the Advisor’s Advisor in the performance of its decision-making processresponsibilities; and (iii) were within a reasonable range as compared to the rates charged by qualified brokers to other institutional investors as such rates may become known from available information. The Fund Trust recognizes that, on any particular transaction, a higher than usual commission may be paid due to the difficulty of the transaction in question. The Advisor also is also authorized to consider sales of shares as a factor in the selection of brokers to execute brokerage and principal transactions, subject to the requirements of “"best execution”", as defined above.

Broker/Dealer Relationships. In connection with its duties set forth in Section 2(a)(ii) of this Agreement to arrange for the purchase and the sale of securities held in the portfolio of the Fund by placing purchase and sale orders for the Fund, the Advisor shall select such broker dealers (“broker”) as shall shall, in the Advisor’s judgment judgment, implement the policy of the Fund to achieve “best execution”, i.e. prompt and efficient execution at the most favorable securities price. In making such selection, the Advisor is authorized to consider the reliability, integrity and financial condition of the broker. The Advisor is also authorized to consider whether the broker provides brokerage and/or research services to the Fund and/or other accounts of the Advisor. The commissions paid to such brokers may be higher than another broker would have charged if a good faith determination is made by the Advisor that the commission is reasonable in relation to the services provided, viewed in terms of either that particular transaction or the Advisor’s overall responsibilities as to the account as to which it exercises investment discretion. The Advisor shall use its judgment in determining the amount of commissions paid are reasonable in relation to the value of brokerage and research services provided and need not place or attempt to place a specific dollar value on such services or on the portion of commission rates reflecting such services. To demonstrate that such determinations were in good faith, and to show the overall reasonableness of commissions paid, the Advisor shall be prepared to show that commissions paid (i) were for purposes contemplated by this agreement; (ii) were for products or services that provide lawful and appropriate assistance to the Advisor’s decision-making process; and (iii) were within a reasonable range as compared to the rates charged by qualified brokers to other institutional investors as such rates may become known from available information. The Fund recognizes that, on any particular transaction, a higher than usual commission may be paid due to the difficulty of the transaction in question. The Advisor is also authorized to consider sales of shares as a factor in the selection of brokers to execute brokerage and principal transactions, subject to the requirements of “best execution”, as defined above.

Broker/Dealer Relationships. In connection with its duties set forth in Section 2(a)(ii) of this Agreement to arrange for the purchase and the sale of securities held in by the portfolio of the Fund Trust by placing purchase and sale orders for the FundTrust, the Advisor shall select such broker broker-dealers (“broker”"brokers") as shall shall, in the Advisor’s judgment 's judgment, implement the policy of the Fund Trust to achieve “"best execution”", i.e. i.e., prompt and efficient execution at the most favorable securities price. In making such selection, the Advisor is authorized to consider the reliability, integrity and financial condition of the broker. The Advisor is also authorized to consider whether the broker provides brokerage and/or research services to the Fund Trust and/or other accounts of the Advisor. The commissions paid to such brokers may be higher than another broker would have charged if a good faith determination is made by the Advisor that the commission is reasonable in relation to the services provided, viewed in terms of either that particular transaction or the Advisor’s 's overall responsibilities as to the account accounts as to which it exercises investment discretion. The Advisor shall use its judgment in determining that the amount of commissions paid are reasonable in relation to the value of brokerage and research services provided and need not place or attempt to place a specific dollar value on such services or on the portion of commission rates reflecting such services. To demonstrate that such determinations were in good faith, and to show the overall reasonableness of commissions paid, the Advisor shall be prepared to show that commissions paid (i) were for purposes contemplated by this agreementAgreement; (ii) were for products or services that provide lawful and appropriate assistance to the Advisor’s Advisor in the performance of its decision-making processresponsibilities; and (iii) were within a reasonable range as compared to the rates charged by qualified brokers to other institutional investors as such rates may become known from available information. The Fund Trust recognizes that, on any particular transaction, a higher than usual commission may be paid due to the difficulty of the transaction in question. The Advisor also is also authorized to consider sales of shares of the Trust as a factor in the selection of brokers to execute brokerage and principal transactions, subject to the requirements of “"best execution”", as defined above.

Broker/Dealer Relationships. In connection with its duties set forth in Section 2(a)(ii) of this Agreement to arrange for the purchase and the sale of securities held in by the portfolio of the Global Equity Fund by placing purchase and sale orders for the Global Equity Fund, the Advisor shall select such broker broker-dealers (“broker”"brokers") as shall shall, in the Advisor’s judgment 's judgment, implement the policy of the Fund Trust to achieve “"best execution”", i.e. i.e., prompt and efficient execution at the most favorable securities price. In making such selection, the Advisor is authorized to consider the reliability, integrity and financial condition of the broker. The Advisor is also authorized to consider whether the broker provides brokerage and/or research services to the Fund Trust and/or other accounts of the Advisor. The commissions paid to such brokers may be higher than another broker would have charged if a good faith determination is made by the Advisor that the commission is reasonable in relation to the services provided, viewed in terms of either that particular transaction or the Advisor’s 's overall responsibilities as to the account accounts as to which it exercises investment discretion. The Advisor shall use its judgment in 3 determining that the amount of commissions paid are reasonable in relation to the value of brokerage and research services provided and need not place or attempt to place a specific dollar value on such services or on the portion of commission rates reflecting such services. To demonstrate that such determinations were in good faith, and to show the overall reasonableness of commissions paid, the Advisor shall be prepared to show that commissions paid (i) were for purposes contemplated by this agreementAgreement; (ii) were for products or services that provide lawful and appropriate assistance to the Advisor’s Advisor in the performance of its decision-making processresponsibilities; and (iii) were within a reasonable range as compared to the rates charged by qualified brokers to other institutional investors as such rates may become known from available information. The Fund Trust recognizes that, on any particular transaction, a higher than usual commission may be paid due to the difficulty of the transaction in question. The Advisor also is also authorized to consider sales of shares of the Global Equity Fund as a factor in the selection of brokers to execute brokerage and principal transactions, subject to the requirements of “"best execution”", as defined above.

Broker/Dealer Relationships. In connection with its duties set forth in Section 2(a)(ii) of this Agreement to arrange for the purchase and the sale of securities held in the portfolio of the by each Fund by placing purchase and sale orders for the such Fund, the Advisor shall select such broker broker-dealers (“brokerbrokers”) as shall shall, in the Advisor’s judgment judgment, implement the policy of the Fund Trust to achieve “best execution”, i.e. i.e., prompt and efficient execution at the most favorable securities price. In making such selection, the Advisor is authorized to consider the reliability, integrity and financial condition of the broker. The Advisor is also authorized to consider whether the broker provides brokerage and/or research services to the Fund Trust and/or other accounts of the Advisor. The commissions paid to such brokers may be higher than another broker would have charged if a good faith determination is made by the Advisor that the commission is reasonable in relation to the services provided, viewed in terms of either that particular transaction or the Advisor’s overall responsibilities as to the account accounts as to which it exercises investment discretion. The Advisor shall use its judgment in determining that the amount of commissions paid are reasonable in relation to the value of brokerage and research services provided and need not place or attempt to place a specific dollar value on such services or on the portion of commission rates reflecting such services. To demonstrate that such determinations were in good faith, and to show the overall reasonableness of commissions paid, the Advisor shall be prepared to show that commissions paid (iI) were for purposes contemplated by this agreementAgreement; (ii) were for products or services that provide lawful and appropriate assistance to the Advisor’s Advisor in the performance of its decision-making processresponsibilities; and (iii) were within a reasonable range as compared to the rates charged by qualified brokers to other institutional investors as such rates may become known from available information. The Fund Trust recognizes that, on any particular transaction, a higher than usual commission may be paid due to the difficulty of the transaction in question. The Advisor is also authorized to consider sales of shares as a factor in the selection of brokers to execute brokerage and principal transactions, subject to the requirements of “best execution”, as defined above.

Broker/Dealer Relationships. In connection with its duties set forth in Section 2(a)(ii) of this Agreement to arrange for the purchase and the sale of securities held in the portfolio of the Fund by placing purchase and sale orders for the Fund, the Advisor shall select such broker dealers (“broker”) as shall in the Advisor’s judgment implement the policy of the Fund to achieve “best execution”, i.e. prompt and efficient execution at the most favorable securities price. In making such selection, the Advisor is authorized to consider the reliability, integrity and financial condition of the broker. The Advisor is also authorized to consider whether the broker provides brokerage and/or research services to the Fund and/or other accounts of the Advisor. The commissions paid to such brokers may be higher than another broker would have charged if a good faith determination is made by the Advisor that the commission is reasonable in relation to the services provided, viewed in terms of either that particular transaction or the Advisor’s overall responsibilities as to the account as to which it exercises investment discretion. The Advisor shall use its judgment in determining the amount of commissions paid are reasonable in relation to the value of brokerage and research services provided and need not place or attempt to place a specific dollar value on such services or on the portion of commission rates reflecting such services. To demonstrate that such determinations were in good faith, and to show the overall reasonableness of commissions paid, the Advisor shall be prepared to show that commissions paid (i) were for purposes contemplated by this agreement; (ii) were for products or services that provide lawful and appropriate assistance to the Advisor’s decision-making process; and (iii) were within a reasonable range as compared to the rates charged by qualified brokers to other institutional investors as such rates may become known from available information. The Fund recognizes that, on any particular transaction, a higher than usual commission may be paid due to the difficulty of the transaction in question. The Advisor is also authorized to consider sales of shares as a factor in the selection of brokers to execute brokerage and principal transactions, subject to the requirements of “best execution”, ,” as defined above.

Broker/Dealer Relationships. In connection with its duties set forth in Section 2(a)(ii2 (a) of this Agreement to arrange for the purchase and the sale of securities held in the portfolio of by the Fund by placing purchase and sale orders for the FundTrust, the Advisor shall select such broker broker-dealers (“broker”"brokers") as shall shall, in the Advisor’s judgment 's judgment, implement the policy of the Fund Trust to achieve “"best execution”", i.e. I.E., prompt and efficient execution at the most favorable securities price. In making such selection, the Advisor is authorized to consider the reliability, integrity and financial condition of the broker. The Advisor is also authorized to consider whether the broker provides brokerage and/or research services to the Fund Trust and/or other accounts of the Advisor. The commissions paid to any such brokers broker may be higher than another broker would have charged if a good faith determination is made by the Advisor that the commission is reasonable in relation to the services provided, viewed in terms of either that particular transaction or the Advisor’s 's overall responsibilities as to the account accounts as to which it exercises investment discretion. The Advisor shall use its judgment in determining that the amount amounts of commissions paid are reasonable in relation to the value of brokerage and research services provided and need not place or attempt to place a specific dollar value on such services or on the portion of commission rates reflecting such services. To demonstrate that such determinations were in good faith, and to show the overall reasonableness of commissions paid, the Advisor shall be prepared to show that commissions paid (i) were for purposes contemplated by this agreementAgreement; (ii) were for products or services that provide lawful and appropriate assistance to the Advisor’s Advisor in the performance of its decision-making processresponsibilities; and (iii) were within a reasonable range as compared to the rates charged by qualified brokers to other institutional investors as such rates may become known from available information. The Fund Trust recognizes that, on any particular transaction, a higher than usual commission may be paid due to the difficulty of the transaction in question. The Advisor also is also authorized to consider sales of shares of the Trust as a factor in the selection of brokers to execute brokerage and principal transactions, subject to the requirements of “"best execution”", as defined above.

Broker/Dealer Relationships. In connection with its duties set forth in Section 2(a)(ii) of this Agreement to arrange for the purchase and the sale of securities held in by the portfolio of the Fund Trust by placing purchase and sale orders 2 for the FundTrust, the Advisor shall select such broker broker-dealers (“broker”"brokers") as shall shall, in the Advisor’s judgment 's judgment, implement the policy of the Fund Trust to achieve “"best execution”", i.e. i.e., prompt and efficient execution at the most favorable securities price. In making such selection, the Advisor is authorized to consider the reliability, integrity and financial condition of the broker. The Advisor is also authorized to consider whether the broker provides brokerage and/or research services to the Fund Trust and/or other accounts of the Advisor. The commissions paid to such brokers may be higher than another broker would have charged if a good faith determination is made by the Advisor that the commission is reasonable in relation to the services provided, viewed in terms of either that particular transaction or the Advisor’s 's overall responsibilities as to the account accounts as to which it exercises investment discretion. The Advisor shall use its judgment in determining that the amount of commissions paid are reasonable in relation to the value of brokerage and research services provided and need not place or attempt to place a specific dollar value on such services or on the portion of commission rates reflecting such services. To demonstrate that such determinations were in good faith, and to show the overall reasonableness of commissions paid, the Advisor shall be prepared to show that commissions paid (i) were for purposes contemplated by this agreementAgreement; (ii) were for products or services that provide lawful and appropriate assistance to the Advisor’s Advisor in the performance of its decision-making processresponsibilities; and (iii) were within a reasonable range as compared to the rates charged by qualified brokers to other institutional investors as such rates may become known from available information. The Fund Trust recognizes that, on any particular transaction, a higher than usual commission may be paid due to the difficulty of the transaction in question. The Advisor also is also authorized to consider sales of shares as a factor in the selection of brokers to execute brokerage and principal transactions, subject to the requirements of “"best execution”", as defined above.

Broker/Dealer Relationships. In connection with its duties set forth in Section 2(a)(ii) of this Agreement to arrange for the purchase and the sale of securities held in the portfolio of the Fund by placing purchase and sale orders for the Fund, the Advisor shall select such broker dealers (“"broker”") as shall in the Advisor’s judgment implement the policy of the Fund to achieve “"best execution”", i.e. prompt and efficient execution at the most favorable securities price. In making such selection, the Advisor is authorized to consider the reliability, integrity and financial condition of the broker. The Advisor is also authorized to consider whether the broker provides brokerage and/or research services to the Fund and/or other accounts of the Advisor. The commissions paid to such brokers may be higher than another broker would have charged if a good faith determination is made by the Advisor that the commission is reasonable in relation to the services provided, viewed in terms of either that particular transaction or the Advisor’s overall responsibilities as to the account as to which it exercises investment discretion. The Advisor shall use its judgment in determining the amount of commissions paid are reasonable in relation to the value of brokerage and research services provided and need not place or attempt to place a specific dollar value on such services or on the portion of commission rates reflecting such services. To demonstrate that such determinations were in good faith, and to show the overall reasonableness of commissions paid, the Advisor shall be prepared to show that commissions paid (i) were for purposes contemplated by this agreement; (ii) were for products or services that provide lawful and appropriate assistance to the Advisor’s decision-making process; and (iii) were within a reasonable range as compared to the rates charged by qualified brokers to other institutional investors as such rates may become known from available information. The Fund recognizes that, on any particular transaction, a higher than usual commission may be paid due to the difficulty of the transaction in question. The Advisor is also authorized to consider sales of shares as a factor in the selection of brokers to execute brokerage and principal transactions, subject to the requirements of “best execution”, ,” as defined above.

Broker/Dealer Relationships. In connection with its duties set forth in Section 2(a)(ii2(a) (ii) of this Agreement to arrange for the purchase and the sale of securities held in the portfolio of by the Fund by placing purchase and sale orders for the Fund, the Advisor Manager shall select such broker broker--dealers (“broker”"brokers") as shall shall, in the Advisor’s judgment Manager's judgment, implement the policy of the Fund to achieve “"best execution”", i.e. i.e., prompt and efficient execution at the most favorable securities price. In making such selection, the Advisor Manager is authorized to consider the reliability, integrity and financial condition of the broker. The Advisor Manager is also authorized to consider whether the broker provides brokerage and/or research services to the Fund and/or other accounts of the AdvisorManager. The commissions paid to such brokers brokers, may be higher than another broker would have charged if a good faith determination is made by the Advisor Manager that the commission is reasonable in relation to the services provided, viewed in terms of either that particular transaction or the Advisor’s Manager's overall responsibilities as to the account accounts as to which it exercises investment discretion. The Advisor Manager shall use its judgment in determining that the amount of commissions paid are reasonable in relation to the value of brokerage and research services provided and need not place or attempt to place a specific dollar value on such services or on the portion of commission rates reflecting such services or on the portion of commission rates reflecting such services. To demonstrate that such determinations were in good faith, and to show the overall reasonableness of commissions paid, the Advisor Manager shall be prepared to show that commissions paid (i) were for purposes contemplated by this agreementAgreement; (ii) were for products or services that provide lawful and appropriate assistance to the Advisor’s Manager in the performance of its decision-making processresponsibilities; and (iii) were within a reasonable range as compared to the rates charged by qualified brokers to other institutional investors as such rates may become known from available information. The Fund recognizes that, on any particular transaction, a higher than usual commission may be paid due to the difficulty of the transaction in question. The Advisor Manager also is also authorized to consider sales of shares as a factor in the selection of brokers to execute brokerage and principal transactionstransaction, subject to the requirements of “"best execution”", as defined above.

Broker/Dealer Relationships. In connection with its duties set forth in Section 2(a)(ii) of this Agreement to arrange for the purchase and the sale of securities held in by the portfolio of the Institutional Fund by placing purchase and sale orders for the Institutional Fund, the Advisor shall select such broker broker-dealers (“broker”"brokers") as shall shall, in the Advisor’s judgment 's judgment, implement the policy of the Fund Trust to achieve “"best execution”", i.e. i.e., prompt and efficient execution at the most favorable securities price. In making such selection, the Advisor is authorized to consider the reliability, integrity and financial condition of the broker. The Advisor is also authorized to consider whether the broker provides brokerage and/or research services to the Fund Trust and/or other accounts of the Advisor. The commissions paid to such brokers may be higher than another broker would have charged if a good faith determination is made by the Advisor that the commission is reasonable in relation to the services provided, viewed in terms of either that particular transaction or the Advisor’s 's overall responsibilities as to the account accounts as to which it exercises investment discretion. The Advisor shall use its judgment in determining that the amount of commissions paid are reasonable in relation to the value of brokerage and research services provided and need not place or attempt to place a specific dollar value on such services or on the portion of commission rates reflecting such services. To demonstrate that such determinations were in good faith, and to show the overall reasonableness of commissions paid, the Advisor shall be prepared to show that commissions paid (i) were for purposes contemplated by this agreementAgreement; (ii) were for products or services that provide lawful and appropriate assistance to the Advisor’s Advisor in the performance of its decision-making processresponsibilities; and (iii) were within a reasonable range as compared to the rates charged by qualified brokers to other institutional investors as such rates may become known from available information. The Fund Trust recognizes that, on any particular transaction, a higher than usual commission may be paid due to the difficulty of the transaction in question. The Advisor also is also authorized to consider sales of shares of the Institutional Fund as a factor in the selection of brokers to execute brokerage and principal transactions, subject to the requirements of “"best execution”", as defined above.

Broker/Dealer Relationships. In connection with its duties set forth in Section 2(a)(ii) of this Agreement to arrange for the purchase and the sale of securities held in by the portfolio of the Small Cap Fund by placing purchase and sale orders for the Small Cap Fund, the Advisor shall select such broker broker-dealers (“broker”"brokers") as shall shall, in the Advisor’s judgment 's judgment, implement the policy of the Fund Trust to achieve “"best execution”", i.e. i.e., prompt and efficient execution at the most favorable securities price. In making such selection, the Advisor is authorized to consider the reliability, integrity and financial condition of the broker. The Advisor is also authorized to consider whether the broker provides brokerage and/or research services to the Fund Trust and/or other accounts of the Advisor. The commissions paid to such brokers may be higher than another broker would have charged if a good faith determination is made by the Advisor that the commission is reasonable in relation to the services provided, viewed in terms of either that particular transaction or the Advisor’s 's overall responsibilities as to the account accounts as to which it exercises investment discretion. The Advisor shall use its judgment in determining that the amount of commissions paid are reasonable in relation to the value of brokerage and research services provided and need not place or attempt to place a specific dollar value on such services or on the portion of commission rates reflecting such services. To demonstrate that such determinations were in good faith, and to show the overall reasonableness of commissions paid, the Advisor shall be prepared to show that commissions paid (i) were for purposes contemplated by this agreementAgreement; (ii) were for products or services that provide lawful and appropriate assistance to the Advisor’s Advisor in the performance of its decision-making processresponsibilities; and (iii) were within a reasonable range as compared to the rates charged by qualified brokers to other institutional investors as such rates may become known from available information. The Fund Trust recognizes that, on any particular transaction, a higher than usual commission may be paid due to the difficulty of the transaction in question. The Advisor also is also authorized to consider sales of shares of the Trust as a factor in the selection of brokers to execute brokerage and principal transactions, subject to the requirements of “"best execution”", as defined above.