Common use of Services Not Exclusive Clause in Contracts

Services Not Exclusive. The services furnished by the Sub-Adviser hereunder are not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish similar services to others, except as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviser.

Services Not Exclusive. The services furnished by the Sub-Adviser Adviser’s services hereunder are not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish render similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The services furnished by the Sub-Adviser hereunder are not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish similar services to others, except as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust Fund and the Adviser.

Services Not Exclusive. The services furnished by the Sub-Adviser Adviser's services hereunder are not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish render similar or dissimilar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The services furnished by the Sub-Adviser hereunder are deemed not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits provision of services under this Agreement is not impaired thereby.

Services Not Exclusive. The services furnished by the Sub-Adviser Adviser's services hereunder are not to be ---------------------- deemed to be exclusive, and the Sub-Adviser shall be free to furnish render similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The services furnished by the Sub-Adviser hereunder are not to be deemed to be exclusive, exclusive and the Sub-Adviser shall be free to furnish similar or different services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The services furnished by the Sub-Adviser Adviser's services hereunder are not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish render similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The advisory services to be furnished by the Sub-Adviser hereunder are not to be deemed to be considered exclusive, and the Sub-Adviser shall be free to furnish similar services to othersothers so long as its services under this Agreement are not impaired thereby; provided, except as prohibited by applicable law or agreed upon in writing among however, that without the written consent of the Trustees of the Trust, Sub-Adviser, Adviser will not serve as an investment advisor to any other investment company having a similar investment objective to that of the Trust and the Adviserfund.

Services Not Exclusive. The services furnished by the Sub-Adviser Adviser’s services hereunder are not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish render similar or dissimilar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The services furnished by the Sub-Adviser ---------------------- hereunder are not to be deemed to be exclusive, exclusive and the Sub-Adviser shall be free to furnish similar or different services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The advisory services furnished by the Sub-Adviser hereunder are not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish similar services to others, except others as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserlong as its services under this Agreement are not impaired thereby.

Services Not Exclusive. The services furnished by the Sub-Adviser Advisor's services hereunder are not to be deemed to be exclusive, and the Sub-Adviser Advisor shall be free to furnish render similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The services furnished by the Secondary Sub-Adviser hereunder are not to be deemed to be exclusive, exclusive and the Secondary Sub-Adviser shall be free to furnish similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviser.its services under this Contract are not

Services Not Exclusive. The services furnished by the Sub-Adviser Adviser's services hereunder are not to be ---------------------- deemed to be exclusive, and the Sub-Adviser shall be free to furnish render similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The Except as provided herein, the services furnished by the Sub-Adviser hereunder are deemed not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The services furnished by the Sub-Adviser hereunder are deemed not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among its services under this Agreement are not impaired thereby. The Adviser acknowledges that the Sub-AdviserAdviser may give advice and take action in the performance of its duties with respect to any of its other clients which may differ from advice given, or the Trust and time or nature of action taken, with respect to the AdviserFund.

Services Not Exclusive. The services furnished by the Sub-Adviser hereunder are deemed not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits provision of services under this Agreement is not impaired thereby. 15.

Services Not Exclusive. The services furnished by of the Sub-Adviser hereunder are not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish render similar services to othersothers and to engage in other activities, except so long as prohibited the services rendered hereunder are not impaired. It is understood that the action taken by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviser.Adviser under this Agreement may differ from the

Services Not Exclusive. The services furnished by the Sub-Adviser Advisor hereunder are not to be deemed to be exclusive, and except as the Sub-Adviser Advisor may otherwise agree in writing (including in the Capacity and Exclusivity Agreement between the Advisor and Sub-Advisor), the Sub-Advisor shall be free to furnish similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The services furnished by the Sub-Adviser hereunder are deemed not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the its services under this Agreement are not impaired thereby. The Sub-AdviserAdviser will for all purposes herein be deemed to be an independent contractor and will, unless otherwise expressly authorized, have no authority to act for or represent the Trust and Fund or the AdviserManager in any way or otherwise be deemed their agent.

Services Not Exclusive. The services furnished by the Sub-Adviser hereunder are not to be deemed to be exclusive, exclusive and the Sub-Adviser shall be free to furnish similar services to othersothers so long as its services under this Contract are not impaired thereby. Nothing in this Contract shall limit or restrict the right of any director, except as prohibited by applicable law officer or agreed upon in writing among the Sub-Adviser, the Trust and the Adviser.employee of

Services Not Exclusive. The services furnished by the Sub-Adviser hereunder are not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish similar services to others, except as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviser. The Adviser and the Trust agree that the Sub-Adviser may provide advice or take action with respect to other clients, which advice or action, including the timing and nature of such action, may differ from or be identical to advice given or action taken with respect to the Fund Account.

Services Not Exclusive. The services furnished by the Sub-Adviser hereunder are not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish similar services to othersany person or entity, including without limitation, other investment companies and persons who may retain PIMCO to provide investment management services and the performance of such services shall not be deemed to violate any duty or obligation under the Agreement, except as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserlaw.

Services Not Exclusive. The services furnished by the Sub-Adviser Adviser's services hereunder are not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish render similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The services furnished by the Sub-Adviser Advisor hereunder are not to be deemed to be exclusive, and except as the Sub-Adviser Advisor may otherwise agree in writing, the Sub-Advisor shall be free to furnish similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The services furnished by the Sub-Adviser Sub-Adviser’s services hereunder are not to be deemed to be exclusive, and the Sub-Sub-Adviser shall be free to furnish render similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The services furnished by the Sub-Adviser services hereunder are not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish render similar or dissimilar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The Except as provided herein, the services furnished by the Sub-Adviser Subadviser hereunder are deemed not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The services furnished by the Sub-Adviser hereunder are not to be deemed to be exclusive, exclusive and the Sub-Adviser shall be free to furnish similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among its allocation of investment opportunities and its trading procedures are fair and equitable to the Sub-Adviser, the Trust Fund and the AdviserTrust.

Services Not Exclusive. The services furnished by the Sub-Adviser hereunder are not to be deemed to be exclusive, exclusive and the Sub-Adviser shall be free to furnish similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.

Services Not Exclusive. The services furnished by the Sub-Adviser hereunder are deemed not to be deemed to be exclusive, and the Sub-Adviser shall be free to furnish similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the its services under this Agreement are not impaired thereby. The Sub-AdviserAdviser will for all purposes herein be deemed to be an independent contractor and will, unless otherwise expressly authorized, have no authority to act for or represent the Trust and Fund or the AdviserAdviser in any way or otherwise be deemed their agent.

Services Not Exclusive. The services furnished by the Sub-Sub- Adviser hereunder are not to be deemed to be exclusive, and the Sub-Sub- Adviser shall be free to furnish similar services to others, except as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviser. 14.

Services Not Exclusive. The services furnished by the Sub-Adviser Adviser's services hereunder are not to be deemed ---------------------- to be exclusive, and the Sub-Adviser shall be free to furnish render similar services to others, except others so long as prohibited by applicable law or agreed upon in writing among the Sub-Adviser, the Trust and the Adviserits services under this Agreement are not impaired thereby.