EMPLOYMENT OF THE ADVISOR. THE RIC HEREBY EMPLOYS THE ADVISOR TO MANAGE THE INVESTMENT AND REINVESTMENT OF THE RIC ASSETS, SUBJECT TO THE CONTROL AND DIRECTION OF THE RIC'S BOARD OF DIRECTORS, FOR THE PERIOD AND ON THE TERMS HEREINAFTER SET FORTH. THE ADVISOR HEREBY ACCEPTS SUCH EMPLOYMENT AND AGREES DURING SUCH PERIOD TO RENDER THE SERVICES AND ASSUME THE OBLIGATIONS IN RETURN FOR THE COMPENSATION PROVIDED HEREIN. THE ADVISOR SHALL FOR ALL PURPOSES HEREIN BE DEEMED TO BE AN INDEPENDENT CONTRACTOR AND SHALL, EXCEPT AS EXPRESSLY PROVIDED OR AUTHORIZED (WHETHER HEREIN OR OTHERWISE), HAVE NO AUTHORITY TO ACT FOR OR REPRESENT THE RIC IN ANY WAY OR OTHERWISE BE DEEMED AN AGENT OF THE RIC.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Calvert Social Index Series Inc), Investment Advisory Agreement (Calvert 2000 Series Inc), Calvert Social Index Series Inc
EMPLOYMENT OF THE ADVISOR. THE RIC CORPORATION HEREBY EMPLOYS THE ADVISOR TO MANAGE THE INVESTMENT AND REINVESTMENT OF THE RIC CORPORATION ASSETS, SUBJECT TO THE CONTROL AND DIRECTION OF THE RICCORPORATION'S BOARD OF DIRECTORS, FOR THE PERIOD AND ON THE TERMS HEREINAFTER SET FORTH. THE ADVISOR HEREBY ACCEPTS SUCH EMPLOYMENT AND AGREES DURING SUCH PERIOD TO RENDER THE SERVICES AND TO ASSUME THE OBLIGATIONS IN RETURN FOR THE COMPENSATION PROVIDED HEREINHEREIN PROVIDED. THE ADVISOR SHALL FOR ALL PURPOSES HEREIN BE DEEMED TO BE AN INDEPENDENT CONTRACTOR AND SHALL, EXCEPT AS EXPRESSLY PROVIDED OR AUTHORIZED (WHETHER HEREIN OR OTHERWISE), HAVE NO AUTHORITY TO ACT FOR OR REPRESENT THE RIC CORPORATION IN ANY WAY OR OTHERWISE BE DEEMED AN AGENT OF THE RICCORPORATION.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Calvert Municipal Fund Inc), Investment Advisory Agreement (Calvert World Values Fund Inc), Investment Advisory Agreement (Calvert Municipal Fund Inc)
EMPLOYMENT OF THE ADVISOR. THE RIC TRUST HEREBY EMPLOYS THE ADVISOR TO MANAGE THE INVESTMENT AND REINVESTMENT OF THE RIC TRUST ASSETS, SUBJECT TO THE CONTROL AND DIRECTION OF THE RICTRUST'S BOARD OF DIRECTORSTRUSTEES, FOR THE PERIOD AND ON THE TERMS HEREINAFTER SET FORTH. THE ADVISOR HEREBY ACCEPTS SUCH EMPLOYMENT AND AGREES DURING SUCH PERIOD TO RENDER THE SERVICES AND TO ASSUME THE OBLIGATIONS IN RETURN FOR THE COMPENSATION PROVIDED HEREIN. THE ADVISOR SHALL FOR ALL PURPOSES HEREIN BE DEEMED TO BE AN INDEPENDENT CONTRACTOR AND SHALL, EXCEPT AS EXPRESSLY PROVIDED OR AUTHORIZED (WHETHER HEREIN OR OTHERWISE), HAVE NO AUTHORITY TO ACT FOR OR REPRESENT THE RIC TRUST IN ANY WAY OR OTHERWISE BE DEEMED AN AGENT OF THE RICTRUST.
Appears in 2 contracts
Samples: Calvert Cash Reserves, Calvert Fund
