Ownership of Shares of the Funds. The Adviser shall not take, and shall not permit any of its shareholders, officers, directors or employees to take, a long or short position in the shares of a Fund, except for the purchase of shares of the Fund for investment purposes at the same price as that available to the public at the time of purchase.
Appears in 19 contracts
Samples: Investment Advisory Agreement (Hennessy Advisors Inc), Investment Advisory Agreement (Hennessy Funds Trust), Form of Investment Advisory Agreement (Hennessy Funds Trust)
Ownership of Shares of the Funds. The Adviser shall not take, and shall not permit any of its shareholders, officers, directors directors, or employees to take, a long or short position in the shares of a Fund, except for the purchase of shares of the Fund for investment purposes at the same price as that available to the public at the time of purchase.
Appears in 6 contracts
Samples: Investment Advisory Agreement (Hennessy Advisors Inc), Investment Advisory Agreement (Hennessy Funds Trust), Investment Advisory Agreement (Hennessy Funds Trust)
