Common use of Services as Investment Adviser Clause in Contracts

Services as Investment Adviser. Subject to the supervision and direction of the Board of Directors of the Company, the Adviser will (a) act in accordance with the Company's Articles of Incorporation, the Investment Company Act of 1940 and the Investment Advisers Act of 1940, as the same may from time to time be amended, (b) manage the Company's assets in accordance with its investment objective and policies as stated in the Company's Registration Statement as from time to time in effect, (c) make investment decisions and exercise voting rights in respect of portfolio securities for the Company and (d) place purchase and sale orders on behalf of the Company. In providing these services, the Adviser will provide investment research and supervision of the Company's investments and conduct a continual program of investment, evaluation and, if appropriate, sales and reinvestment of the Company's assets. In addition, the Adviser will furnish the Company with whatever statistical information the Company may reasonably request with respect to the securities that the Company may hold or contemplate purchasing. Subject to the supervision and direction of the Board of Directors of the Company, the Adviser undertakes to perform the following administrative services to the extent that no other party is obligated to perform them on behalf of the Fund: (a) providing the Fund with office space (which may be the Adviser's own offices), stationery and office supplies, (b) furnishing certain corporate secretarial services, including assisting in the preparation of materials for meetings of the Board of Directors, (c) coordinating and preparation of proxy statements and annual and semi-annual reports monitoring and developing compliance procedures for the Fund which will include, among other matters, procedures for monitoring compliance with the Fund's investment objective, policies, restrictions, tax matters and applicable laws and regulations, and (f) acting as liaison between the Fund and the Fund's independent public accountants, counsel, custodian or custodians, administrator and transfer and dividend-paying agent and registrar, and taking all reasonable action in the performance of its obligations under this Agreement to assure that all necessary information is made available to each of them.

Services as Investment Adviser. Subject to the supervision and direction of the Board of Directors of the Company, the Adviser will (a) act in accordance with the Company's ’s Articles of Incorporation, the Investment Company Act of 1940 and the Investment Advisers Act of 1940, as the same may from time to time be amended, (b) manage the Company's ’s assets in accordance with its investment objective and policies as stated in the Company's ’s Registration Statement as from time to time in effect, (c) make investment decisions and exercise voting rights in respect of portfolio securities for the Company and (d) place purchase and sale orders on behalf of the Company. In providing these services, the Adviser will provide investment research and supervision of the Company's ’s investments and conduct a continual program of investment, evaluation and, if appropriate, sales and reinvestment of the Company's ’s assets. In addition, the Adviser will furnish the Company with whatever statistical information the Company may reasonably request with respect to the securities that the Company may hold or contemplate purchasing. Subject to the supervision and direction of the Board of Directors of the Company, the Adviser undertakes to perform the following administrative services to the extent that no other party is obligated to perform them on behalf of the Fund: (a) providing the Fund with office space (which may be the Adviser's ’s own offices), stationery and office supplies, (b) furnishing certain corporate secretarial services, including assisting in the preparation of materials for meetings of the Board of Directors, (c) coordinating and preparation of proxy statements and annual and semi-annual reports monitoring and developing compliance procedures for the Fund which will include, among other matters, procedures for monitoring compliance with the Fund's ’s investment objective, policies, restrictions, tax matters and applicable laws and regulations, and (f) acting as liaison between the Fund and the Fund's ’s independent public accountants, counsel, custodian or custodians, administrator and transfer and dividend-paying agent and registrar, and taking all reasonable action in the performance of its obligations under this Agreement to assure that all necessary information is made available to each of them.

Services as Investment Adviser. Subject to the supervision and direction of the Board of Directors Trustees of the CompanyTrust, the Adviser will (a) act in accordance with the Company's Articles of IncorporationTrust’s Master Trust Agreement, the Investment Company Act of 1940 (the “1940 Act”) and the Investment Advisers Advisors Act of 1940, as the same may from time to time be amended, (b) manage the Company's Fund’s assets in accordance with its investment objective and policies as stated in the Company's Trust’s Registration Statement as from time to time in effect, (c) make investment decisions and exercise voting rights in respect of portfolio securities for the Company Fund and (d) place purchase and sale orders on behalf of the CompanyFund. In providing these services, the Adviser will provide investment research and supervision of the Company's Fund’s investments and conduct a continual program of investment, evaluation and, if appropriate, sales sale and reinvestment of the Company's Fund’s assets. In addition, the Adviser will furnish the Company Fund with whatever statistical information the Company Fund may reasonably request with respect to the securities that the Company Fund may hold or contemplate purchasing. Subject to the supervision and direction of the Board of Directors Trustees of the CompanyTrust, the Adviser undertakes to perform the following administrative services to the extent that no other party is obligated to perform them on behalf of the Fund: (a) providing the Fund with office space (which may be the Adviser's ’s own offices), stationery and office supplies, (b) furnishing certain corporate secretarial services, including assisting in the preparation of materials for meetings of the Board of DirectorsTrustees, (c) coordinating and preparation of proxy statements and annual and semi-annual reports to the Fund’s shareholders, (d) assisting in the preparation of the Fund’s tax returns, (e) assisting in monitoring and developing compliance procedures for the Fund which will include, among other matters, procedures for monitoring compliance with the Fund's ’s investment objective, policies, restrictions, tax matters and applicable laws and regulations, and (f) acting as liaison between the Fund and the Fund's ’s independent public accountants, counsel, custodian or custodians, administrator and transfer and dividend-paying agent and registrar, and taking all reasonable action in the performance of its obligations under this Agreement to assure that all necessary information is made available to each of them. In performing all services under this Agreement, the Adviser shall act in conformity with applicable law, the Trust’s Master Trust Agreement and By-Laws, and all amendments thereto, and the investment objective, investment policies and other practices and policies set forth in the Trust’s Registration Statement, as such Registration Statement and practices and policies may be amended from time to time.

Services as Investment Adviser. Subject to the supervision and direction of the Board of Directors Trustees of the CompanyTrust, the Adviser will (a) act in accordance with the CompanyTrust's Articles of IncorporationMaster Trust Agreement, the Investment Company Act of 1940 and the Investment Advisers Advisors Act of 1940, as the same may from time to time be amended, (b) manage the CompanyFund's assets in accordance with its investment objective and policies as stated in the CompanyTrust's Registration Statement as from time to time in effect, (c) make investment decisions and exercise voting rights in respect of portfolio securities for the Company Fund and (d) place purchase and sale orders on behalf of the CompanyFund. In providing these services, the Adviser will provide investment research and supervision of the CompanyFund's investments and conduct a continual program of investment, evaluation and, if appropriate, sales sale and reinvestment of the CompanyFund's assets. In addition, the Adviser will furnish the Company Fund with whatever statistical information the Company Fund may reasonably request with respect to the securities that the Company Fund may hold or contemplate purchasing. Subject to the supervision and direction of the Board of Directors Trustees of the CompanyTrust, the Adviser undertakes to perform the following administrative services to the extent that no other party is obligated to perform them on behalf of the Fund: (a) providing the Fund with office space (which may be the Adviser's own offices), stationery and office supplies, (b) furnishing certain corporate secretarial services, including assisting in the preparation of materials for meetings of the Board of DirectorsTrustees, (c) coordinating and preparation of proxy statements and annual and semi-annual reports to the Fund's shareholders, (d) assisting in the preparation of the Fund's tax returns, (e) assisting in monitoring and developing compliance procedures for the Fund which will include, among other matters, procedures for monitoring compliance with the Fund's investment objective, policies, restrictions, tax matters and applicable laws and regulations, and (f) acting as liaison between the Fund and the Fund's independent public accountants, counsel, custodian or custodians, administrator and transfer and dividend-paying agent and registrar, and taking all reasonable action in the performance of its obligations under this Agreement to assure that all necessary information is made available to each of them. 1 In performing all services under this Agreement, the Adviser shall act in conformity with applicable law, the Trust's Master Trust Agreement and By-Laws, and all amendments thereto, and the investment objective, investment policies and other practices and policies set forth in the Trust's Registration Statement, as such Registration Statement and practices and policies may be amended from time to time.

Services as Investment Adviser. Subject to the supervision and direction of the Board of Directors Trustees of the CompanyTrust, the Adviser will (a) act in accordance with the Company's Articles of IncorporationTrust’s Master Trust Agreement, the Investment Company Act of 1940 and the Investment Advisers Advisors Act of 1940, as the same may from time to time be amended, (b) manage the Company's Fund’s assets in accordance with its investment objective and policies as stated in the Company's Trust’s Registration Statement as from time to time in effect, (c) make investment decisions and exercise voting rights in respect of portfolio securities for the Company Fund and (d) place purchase and sale orders on behalf of the CompanyFund. In providing these services, the Adviser will provide investment research and supervision of the Company's Fund’s investments and conduct a continual program of investment, evaluation and, if appropriate, sales sale and reinvestment of the Company's Fund’s assets. In addition, the Adviser will furnish the Company Fund with whatever statistical information the Company Fund may reasonably request with respect to the securities that the Company Fund may hold or contemplate purchasing. Subject to the supervision and direction of the Board of Directors Trustees of the CompanyTrust, the Adviser undertakes to perform the following administrative services to the extent that no other party is obligated to perform them on behalf of the Fund: (a) providing the Fund with office space (which may be the Adviser's ’s own offices), stationery and office supplies, (b) furnishing certain corporate secretarial services, including assisting in the preparation of materials for meetings of the Board of DirectorsTrustees, (c) coordinating and preparation of proxy statements and annual and semi-annual reports to the Fund’s shareholders, (d) assisting in the preparation of the Fund’s tax returns, (e) assisting in monitoring and developing compliance procedures for the Fund which will include, among other matters, procedures for monitoring compliance with the Fund's ’s investment objective, policies, restrictions, tax matters and applicable laws and regulations, and (f) acting as liaison between the Fund and the Fund's ’s independent public accountants, counsel, custodian or custodians, administrator and transfer and dividend-paying agent and registrar, and taking all reasonable action in the performance of its obligations under this Agreement to assure that all necessary information is made available to each of them. In performing all services under this Agreement, the Adviser shall act in conformity with applicable law, the Trust’s Master Trust Agreement and By-Laws, and all amendments thereto, and the investment objective, investment policies and other practices and policies set forth in the Trust’s Registration Statement, as such Registration Statement and practices and policies may be amended from time to time.

Services as Investment Adviser. Subject to the supervision and direction of the Board of Directors Trustees of the CompanyTrust, the Adviser will (a) act in accordance with the Company's Articles of IncorporationTrust’s Master Trust Agreement, the Investment Company Act of 1940 and the Investment Advisers Advisors Act of 1940, as the same may from time to time be amended, (b) manage the Company's Fund’s assets in accordance with its investment objective and policies as stated in the Company's Trust’s Registration Statement as from time to time in effect, (c) make investment decisions and exercise voting rights in respect of portfolio securities for the Company Fund and (d) place purchase and sale orders on behalf of the CompanyFund. In providing these services, the Adviser will provide investment research and supervision of the Company's Fund’s investments and conduct a continual program of investment, evaluation and, if appropriate, sales sale and reinvestment of the Company's Fund’s assets. In addition, the Adviser will furnish the Company Fund with whatever statistical information the Company Fund may reasonably request with respect to the securities that the Company Fund may hold or contemplate purchasing. Subject to the supervision and direction of the Board of Directors Trustees of the CompanyTrust, the Adviser undertakes to perform the following administrative services to the extent that no other party is obligated to perform them on behalf of the Fund: (a) providing the Fund with office space (which may be the Adviser's ’s own offices), stationery and office supplies, (b) furnishing certain corporate secretarial services, including assisting in the preparation of materials for meetings of the Board of DirectorsTrustees, (c) coordinating and preparation of proxy statements and annual and semi-annual reports to the Fund’s shareholders, (d) assisting in the preparation of the Fund’s tax returns, (e) assisting in monitoring and developing compliance procedures for the Fund which will include, among other matters, procedures for monitoring compliance with the Fund's ’s investment objective, policies, restrictions, tax matters and applicable laws and regulations, and (f) acting as liaison between the Fund and the Fund's ’s independent public accountants, counsel, custodian or custodians, administrator and transfer and dividend-paying agent and registrar, and taking all reasonable action in the performance of its obligations under this Agreement to assure that all necessary information is made available to each of them. In performing all services under this Agreement, the Adviser shall act in conformity with applicable law, the Trust’s Master Trust Agreement and By-Laws, and all amendments thereto, and the investment objective, investment policies and other practices and policies set forth in theTrust’s Registration Statement, as such Registration Statement and practices and policies may beamended from time to time.