LIMITATION OF LIABILITY OF ADVISER. The Adviser shall give the Trust the benefit of the Adviser's best judgment and efforts in rendering services under this agreement; provided, that the Adviser shall not be liable for any error of judgment or import of law, or for any loss suffered by the Trust in connection with the matters to which this agreement relates, except loss resulting from: (i) willful misfeasance, bad faith or gross negligence on the part of the Adviser in the performance of its obligations and duties under this agreement; (ii) its reckless disregard of its obligations and duties under this agreement; or (iii) a breach of Section 2.2(c) of this agreement.
Appears in 9 contracts
Samples: Investment Advisory and Management Services Agreement (State Farm Associates Funds Trusts), Management Services Agreement (State Farm Mutual Fund Trust), Investment Advisory and Management Services Agreement (State Farm Mutual Fund Trust)
LIMITATION OF LIABILITY OF ADVISER. The Adviser shall give the Trust the benefit of the Adviser's ’s best judgment and efforts in rendering services under this agreement; provided, that the Adviser shall not be liable for any error of judgment or import of law, or for any loss suffered by the Trust in connection with the matters to which this agreement relates, except loss resulting from: (i) willful misfeasance, bad faith or gross negligence on the part of the Adviser in the performance of its obligations and duties under this agreement; (ii) its reckless disregard of its obligations and duties under this agreement; or (iii) a breach of Section 2.2(c) of this agreement.
Appears in 6 contracts
Samples: Investment Advisory and Management (State Farm Associates Funds Trusts), Services Agreement (State Farm Mutual Fund Trust), Investment Advisory and Management (State Farm Mutual Fund Trust)
LIMITATION OF LIABILITY OF ADVISER. The Adviser shall give the Trust the benefit of the Adviser's best judgment and efforts in rendering services under this agreement; provided, that the Adviser shall not be liable for any error of judgment or import of law, or for any loss suffered by the Trust in connection with the matters to which this agreement relates, except loss resulting from: (i) willful misfeasance, bad faith or gross negligence on the part of the Adviser in the performance of its obligations and duties under this agreement; (ii) its reckless disregard of its obligations and duties under this agreement; or (iii) a breach of Section 2.2(c) of this agreement.. 5.2
Appears in 3 contracts
Samples: Investment Advisory and Management Services Agreement (State Farm Associates Funds Trusts), Investment Advisory and Management Services Agreement (State Farm Mutual Fund Trust), Investment Advisory and Management Services Agreement (State Farm Mutual Fund Trust)
LIMITATION OF LIABILITY OF ADVISER. The Adviser shall give the Trust the benefit of the Adviser's ’s best judgment and efforts in rendering services under this agreement; provided, that the Adviser shall not be liable for any error of judgment or import of law, or for any loss suffered by the Trust in connection with the matters to which this agreement relates, except loss resulting from: (i) willful misfeasance, bad faith or gross negligence on the part of the Adviser in the performance of its obligations and duties under this agreement; (ii) its reckless disregard of its obligations and duties under this agreement; or (iii) a breach of Section 2.2(c) of this agreement.
Appears in 3 contracts
Samples: Investment Advisory and Management (State Farm Variable Product Trust), Services Agreement (State Farm Variable Product Trust), Investment Advisory and Management (State Farm Variable Product Trust)
LIMITATION OF LIABILITY OF ADVISER. The Adviser shall give the Trust the benefit of the Adviser's best judgment and efforts in rendering services under this agreement; provided, that the Adviser shall not be liable for any error of judgment or import of law, or for any loss suffered by the Trust in connection with the matters to which this agreement relates, except loss resulting from: (i) willful misfeasance, bad faith or gross negligence on the part of the Adviser in the performance of its obligations and duties under this agreement; (ii) its reckless disregard of its obligations and duties under this agreement; or (iii) a breach of Section 2.2(c) of this agreement.
Appears in 3 contracts
Samples: Investment Advisory and Management Services Agreement (State Farm Variable Product Trust), Investment Advisory and Management Services Agreement (State Farm Variable Product Trust), And Management Services Agreement (State Farm Variable Product Trust)
LIMITATION OF LIABILITY OF ADVISER. The Adviser shall give the ---------------------------------- Trust the benefit of the Adviser's best judgment and efforts in rendering services under this agreement; provided, that the Adviser shall not be liable for any error of judgment or import of law, or for any loss suffered by the Trust in connection with the matters to which this agreement relates, except loss resulting from: (i) willful misfeasance, bad faith or gross negligence on the part of the Adviser in the performance of its obligations and duties under this agreement; (ii) its reckless disregard of its obligations and duties under this agreement; or (iii) a breach of Section 2.2(c) of this agreement.
Appears in 1 contract
Samples: Management Services Agreement (State Farm Variable Product Trust)
