Common use of Investment Description Clause in Contracts

Investment Description. Appointment ----------------------------------- The Fund desires to employ its capital by investing and reinvesting in investments of the kind and in accordance with the limitations specified in its Articles of Incorporation, as amended from time to time (the "Articles"), in its By-Laws, as amended from time to time (the "By-Laws"), in the Fund's prospectus (the "Prospectus") and Statement of Additional Information (the "Statement of Additional Information") relating to the Portfolio as in effect from time to time, and in such manner and to the extent as may from time to time be approved by the Board of Directors of the Fund. Copies of the Prospectus, Statement of Additional Information and the Articles and By-Laws have been submitted to Counsellors Service. The Fund employs Warburg, Xxxxxx Counsellors, Inc. (the "Adviser") as its investment adviser with respect to the Portfolio and desires to employ and hereby appoints Counsellors Service as its co-administrator with respect to the Portfolio. Counsellors Service accepts this appointment and agrees to furnish the services for the compensation set forth below.

Investment Description. Appointment ----------------------------------- The Fund desires to employ its capital by investing and reinvesting in investments of the kind and in accordance with the limitations specified in its Articles of Incorporation, as amended from time to time (the "Articles"), in its By-Lawslaws, as amended from time to time (the "By-Lawslaws"), in the Fund's prospectus (the "Prospectus") and Statement of Additional Information (the "Statement of Additional Information") relating to the Portfolio as in effect from time to time, and in such manner and to the extent as may from time to time be approved by the Board of Directors of the Fund. Copies of the Prospectus, Statement of Additional Information and the Articles and By-Laws laws have been submitted to Counsellors Service. The Fund employs Warburg, Xxxxxx Counsellors, Inc. (the "Adviser") as its investment adviser with respect to the Portfolio and desires to employ and hereby appoints Counsellors Service as its co-administrator with respect to the Portfolioadministrator. Counsellors Service accepts this appointment and agrees to furnish the services for the compensation set forth below.

Investment Description. Appointment ----------------------------------- The Each Fund desires to employ its capital by investing and reinvesting in investments of the kind and in accordance with the limitations specified in its Articles Trust's Declaration of IncorporationTrust, as amended from time to time (the "ArticlesCharter"), in its By-Laws, as amended from time to time (the "By-Lawslaws"), in the Fund's prospectus its prospectus(es) (the "Prospectus") and Statement Statement(s) of Additional Information (the "Statement of Additional Information") relating to the Portfolio as in effect from time to time, and in such manner and to the extent as may from time to time be approved by the Board of Directors Trustees of the FundFund (the "Board"). Copies of the Prospectus, Statement of Additional Information and the Articles Charter and By-Laws laws of each Fund have been submitted made available to Counsellors Servicethe Administrator. The Each Fund employs WarburgCredit Suisse Asset Management, Xxxxxx Counsellors, Inc. LLC (the "Adviser") as its investment adviser with respect to the Portfolio and desires to employ and hereby appoints Counsellors Service the Administrator as its co-administrator with respect to the Portfolioadministrator. Counsellors Service The Administrator accepts this appointment and agrees to furnish the services for the compensation set forth below.

Investment Description. Appointment ----------------------------------- The Fund desires to employ its capital by investing and reinvesting in investments of the kind and in accordance with the limitations specified in its Articles of Incorporation, as amended from time to time (the "Articles"), in its By-Lawslaws, as amended from time to time (the "By-Lawslaws"), in the Fund's prospectus (the "Prospectus") and Statement of Additional Information (the "Statement of Additional Information") relating to the Portfolio as in effect from time to time, and in such manner and to the extent as may from time to time be approved by the Board of Directors of the Fund. Copies of the Prospectus, Statement of Additional Information and the Articles and By-Laws laws have been submitted to Counsellors Service. The Fund employs Warburg, Xxxxxx CounsellorsWarburg Pincus Asset Management, Inc. (the "Adviser") as its investment adviser with respect to the Portfolio and desires to employ and hereby appoints Counsellors Service as its co-administrator with respect to the Portfolioadministrator. Counsellors Service accepts this appointment and agrees to furnish the services for the compensation set forth below.

Investment Description. Appointment ----------------------------------- The Fund Trust desires to employ its capital by investing and reinvesting in investments of the kind and in accordance with the limitations specified in its Articles Declaration of IncorporationTrust, as amended from time to time (the "ArticlesDeclaration of Trust"), in its By-Lawslaws, as amended from time to time (the "By-Lawslaws"), in the FundTrust's prospectus (the "Prospectus") and Statement of Additional Information (the "Statement of Additional Information") relating to the Portfolio Portfolios as in effect from time to time, and in such manner and to the extent as may from time to time be approved by the Board of Directors Trustees of the FundTrust. Copies of the Prospectus, Statement of Additional Information and the Articles Declaration of Trust and By-Laws laws have been submitted to Counsellors Service. The Fund Trust employs Warburg, Xxxxxx Counsellors, Inc. (the "Adviser") as its investment adviser with respect to the Portfolio Portfolios and desires to employ and hereby appoints Counsellors Service as its co-administrator with respect to the PortfolioPortfolios. Counsellors Service accepts this appointment and agrees to furnish the services for the compensation set forth below.