Common use of PROVISION OF INVESTMENT MANAGEMENT SERVICES Clause in Contracts

PROVISION OF INVESTMENT MANAGEMENT SERVICES. JHMLICO will provide to the Portfolios a continuing and suitable investment program consistent with the investment policies, objectives and restrictions of the Series. JHMLICO will manage the investment and reinvestment of the assets in the Portfolios, and perform the other functions set forth below, subject to the overall supervision, direction, control and review of the Board of Trustees of the Series and, as in effect from time to time, the provisions of the Series' Declaration of Trust, Bylaws, prospectus, statement of additional information, the 1940 Act and all other applicable laws and regulations (including any applicable investment restrictions imposed by state insurance laws and regulations) or any directions or instructions delivered to JHMLICO in writing by the Series from time to time. Except to the extent that the Board of Trustees approves performance of any of the following functions by any custodian, transfer agent, independent counsel, or other independent agent, JHMLICO will, with respect to the Portfolios:

PROVISION OF INVESTMENT MANAGEMENT SERVICES. JHMLICO JHLICO will provide to the Portfolios Funds a continuing and suitable investment program consistent with the investment policies, objectives and restrictions of the SeriesSeries Fund. JHMLICO JHLICO will manage the investment and reinvestment of the assets in the PortfoliosFunds, and perform the other functions set forth below, subject to the overall supervision, direction, control and review of the Board of Trustees of the Series Fund and, as in effect from time to time, the provisions of the Series' Series Fund's Declaration of Trust, Bylaws, prospectus, statement of additional information, the 1940 Act and all other applicable laws and regulations (including any applicable investment restrictions imposed by state insurance laws and regulations) or any directions or instructions delivered to JHMLICO JHLICO in writing by the Series Fund from time to time. Except to the extent that the Board of Trustees approves performance of any of the following functions by any custodian, transfer agent, independent counsel, or other independent agent, JHMLICO JHLICO will, with respect to the PortfoliosFunds:

PROVISION OF INVESTMENT MANAGEMENT SERVICES. JHMLICO JHLICO will provide to the Portfolios a continuing and suitable investment program consistent with the investment policies, objectives and restrictions of the Series. JHMLICO JHLICO will manage the investment and reinvestment of the assets in the Portfolios, and perform the other functions set forth below, subject to the overall supervision, direction, control and review of the Board of Trustees of the Series and, as in effect from time to time, the provisions of the Series' Declaration of Trust, Bylaws, prospectus, statement of additional information, the 1940 Act and all other applicable laws and regulations (including any applicable investment restrictions imposed by state insurance laws and regulations) or any directions or instructions delivered to JHMLICO JHLICO in writing by the Series from time to time. Except to the extent that the Board of Trustees approves performance of any of the following functions by any custodian, transfer agent, independent counsel, or other independent agent, JHMLICO JHLICO will, with respect to the Portfolios: