Common use of Services to Other Companies or Accounts Clause in Contracts

Services to Other Companies or Accounts. The services of the Sub–Advisor to the Advisor are not to be deemed to be exclusive, the Sub–Advisor being free to render services to others and engage in other activities, provided, however, that such other services and activities do not, during the term of this Agreement, interfere, in a material manner, with the Sub–Advisor’s ability to meet all of its obligations hereunder. The Sub–Advisor shall for all purposes be an independent contractor and not an agent or employee of the Advisor or the Trust. Nothing in this Agreement will constitute a partnership between the Advisor, the Sub-Advisor and the Trust. Nothing in this Agreement makes the Sub-Advisor an agent of the Advisor or the Trust and the Sub-Advisor has no authority whatsoever to exercise discretionary powers over the global portfolios and investment funds, except as provided pursuant to paragraph 1(b) herein, of the Advisor and the Trust, or otherwise to bind the Advisor's and the Trust's assets under management. The Sub-Advisor shall furnish services as an independent contractor and not as an employee or agent of either the Advisor or the Trust. The Sub-Advisor has no power or authority to act for, represent, or bind the Advisor or the Trust or any company affiliated with either of them.

Services to Other Companies or Accounts. The services of the Sub–-Advisor to the Advisor are not to be deemed to be exclusive, the Sub–-Advisor being free to render services to others and engage in other activities, provided, however, that such other services and activities do not, during the term of this Agreement, interfere, in a material manner, with the Sub–-Advisor’s 's ability to meet all of its obligations hereunder. The Sub–-Advisor shall for all purposes be an independent contractor and not an agent or employee of the Advisor or the Trust. Nothing in this Agreement will constitute a partnership between the Advisor, the Sub-Advisor and the Trust. Nothing in this Agreement makes the Sub-Advisor an agent of the Advisor or the Trust and the Sub-Advisor has no authority whatsoever to exercise discretionary powers over the global portfolios and investment funds, except as provided pursuant to paragraph 1(b) herein, of the Advisor and the Trust, or otherwise to bind the Advisor's and the Trust's assets under management. The Sub-Advisor shall furnish services as an independent contractor and not as an employee or agent of either the Advisor or the Trust. The Sub-Advisor has no power or authority to act for, represent, or bind the Advisor or the Trust or any company affiliated with either of them.

Services to Other Companies or Accounts. The services Services of the U.K. Sub–-Advisor to the Sub-Advisor are not to be deemed to be exclusive, the U.K. Sub–-Advisor being free to render services to others and engage in other activities, provided, however, that such other services and activities do not, during the term of this Agreement, interfere, in a material manner, with the U.K. Sub–-Advisor’s 's ability to meet all of its obligations hereunder. The U.K. Sub–-Advisor shall for all purposes be an independent contractor and not an agent or employee of the Advisor, the Sub-Advisor or the TrustTrusts. Nothing in this Agreement will constitute a partnership between the Advisor, the Sub-Advisor, the U.K. Sub-Advisor and the Trust. Nothing in this Agreement makes the U.K. Sub-Advisor an agent of the Advisor, Sub-Advisor or the Trust and the U.K. Sub-Advisor has no authority whatsoever to exercise discretionary powers over the global portfolios and investment funds, except as provided pursuant to paragraph 1(b) 1 herein, of the Advisor, Sub-Advisor and the Trust, or otherwise to bind the Advisor's and the Trust's assets under management. The U.K. Sub-Advisor shall furnish services as an independent contractor and not as an employee or agent of either the Advisor, Sub-Advisor or the Trust. The U.K. Sub-Advisor has no power or authority to act for, represent, or bind the Advisor, Sub-Advisor or the Trust or any company affiliated with either of them.

Services to Other Companies or Accounts. The services of the Sub–-Advisor to the Advisor are not to be deemed to be exclusive, the Sub–-Advisor being free to render services to others and engage in other activities, provided, however, that such other services and activities do not, during the term of this Agreement, interfere, in a material manner, with the Sub–-Advisor’s 's ability to meet all of its obligations hereunder. The Sub–-Advisor shall for all purposes be an independent contractor and not an agent or employee of the Advisor or the Trust. Nothing in this Agreement will constitute a partnership between the Advisor, the Sub-Advisor and the Trust. Nothing in this Agreement makes the Sub-Advisor an agent of the Advisor or the Trust and the Sub-Advisor has no authority whatsoever to exercise discretionary powers over the global portfolios and investment funds, except as provided pursuant to paragraph 1(b) 1 herein, of the Advisor and the Trust, or otherwise to bind the Advisor's and the Trust's assets under management. The Sub-Advisor shall furnish services as an independent contractor and not as an employee or agent of either the Advisor or the Trust. The Sub-Advisor has no power or authority to act for, represent, or bind the Advisor or the Trust or any company affiliated with either of them.

Services to Other Companies or Accounts. The services Services of the U.K. Sub–-Advisor to the Sub-Advisor are not to be deemed to be exclusive, the U.K. Sub–-Advisor being free to render services to others and engage in other activities, provided, however, that such other services and activities do not, during the term of this Agreement, interfere, in a material manner, with the U.K. Sub–-Advisor’s 's ability to meet all of its obligations hereunder. The U.K. Sub–-Advisor shall for all purposes be an independent contractor and not an agent or employee of the Advisor, the Sub-Advisor or the Trust. Nothing in this Agreement will constitute a partnership between the Advisor, the Sub-Advisor, the U.K. Sub-Advisor and the Trust. Nothing in this Agreement makes the U.K. Sub-Advisor an agent of the Advisor, Sub-Advisor or the Trust and the U.K. Sub-Advisor has no authority whatsoever to exercise discretionary powers over the global portfolios and investment funds, except as provided pursuant to paragraph 1(b) herein, of the Advisor, Sub-Advisor and the Trust, or otherwise to bind the Advisor's and the Trust's assets under management. The U.K. Sub-Advisor shall furnish services as an independent contractor and not as an employee or agent of either the Advisor, Sub-Advisor or the Trust. The U.K. Sub-Advisor has no power or authority to act for, represent, or bind the Advisor, Sub-Advisor or the Trust or any company affiliated with either of them.

Services to Other Companies or Accounts. The services of the Sub–-Advisor to the Advisor are not to be deemed to be exclusive, the Sub–-Advisor being free to render services to others and engage in other activities, provided, however, that such other services and activities do not, during the term of this Agreement, interfere, in a material manner, with the Sub–-Advisor’s 's ability to meet all of its obligations hereunder. The Sub–-Advisor shall for all purposes be an independent contractor and not an agent or employee of the Advisor or the TrustFund. Nothing in this Agreement will constitute a partnership between the Advisor, the Sub-Advisor and the TrustFund. Nothing in this Agreement makes the Sub-Advisor an agent of the Advisor or the Trust Fund and the Sub-Advisor has no authority whatsoever to exercise discretionary powers over the global portfolios and investment funds, except as provided pursuant to paragraph 1(b) herein, of the Advisor and the TrustFund, or otherwise to bind the Advisor's and the TrustFund's assets under management. The Sub-Advisor shall furnish services as an independent contractor and not as an employee or agent of either the Advisor or the TrustFund. The Sub-Advisor has no power or authority to act for, represent, or bind the Advisor or the Trust Fund or any company affiliated with either of them.

Services to Other Companies or Accounts. The services of the Sub–Advisor to the Advisor are not to be deemed to be exclusive, the Sub–Advisor being free to render services to others and engage in other activities, provided, however, that such other services and activities do not, during the term of this Agreement, interfere, in a material manner, with the Sub–Advisor’s ability to meet all of its obligations hereunder. The Sub–Advisor shall for all purposes be an independent contractor and not an agent or employee of the Advisor or the Trust. Nothing in this Agreement will constitute a partnership between the Advisor, the Sub-–Advisor and the Trust. Nothing in this Agreement makes the Sub-–Advisor an agent of the Advisor or the Trust and the Sub-–Advisor has no authority whatsoever to exercise discretionary powers over the global portfolios and investment funds, except as provided pursuant to paragraph 1(b) herein, of the Advisor and the Trust, or otherwise to bind the Advisor's ’s and the Trust's ’s assets under management. The Sub-–Advisor shall furnish services as an independent contractor and not as an employee or agent of either the Advisor or the Trust. The Sub-–Advisor has no power or authority to act for, represent, or bind the Advisor or the Trust or any company affiliated with either of them.

Services to Other Companies or Accounts. The services of the Sub–-Advisor to the Advisor are not to be deemed to be exclusive, the Sub–-Advisor being free to render services to others and engage in other activities, provided, however, that such other services and activities do not, during the term of this Agreement, interfere, in a material manner, with the Sub–-Advisor’s 's ability to meet all of its obligations hereunder. The Sub–-Advisor shall for all purposes be an independent contractor and not an agent or employee of the Advisor or the TrustFunds. Nothing in this Agreement will constitute a partnership between the Advisor, the Sub-Advisor and the Trust. Nothing in this Agreement makes the Sub-Advisor an agent of the Advisor or the Trust and the Sub-Advisor has no authority whatsoever to exercise discretionary powers over the global portfolios and investment funds, except as provided pursuant to paragraph 1(b) herein, of the Advisor and the Trust, or otherwise to bind the Advisor's and the Trust's assets under management. The Sub-Advisor shall furnish services as an independent contractor and not as an employee or agent of either the Advisor or the Trust. The Sub-Advisor has no power or authority to act for, represent, or bind the Advisor or the Trust or any company affiliated with either of them.

Services to Other Companies or Accounts. The services of the Sub–-Advisor to the Advisor are not to be deemed to be exclusive, the Sub–-Advisor being free to render services to others and engage in other activities, provided, however, that such other services and activities do not, during the term of this Agreement, interfere, in a material manner, with the Sub–-Advisor’s 's ability to meet all of its obligations hereunder. The Sub–-Advisor shall for all purposes be an independent contractor and not an agent or employee of the Advisor or the TrustTrusts. Nothing in this Agreement will constitute a partnership between the Advisor, the Sub-Advisor and the TrustTrusts. Nothing in this Agreement makes the Sub-Advisor an agent of the Advisor or the Trust Trusts and the Sub-Advisor has no authority whatsoever to exercise discretionary powers over the global portfolios and investment funds, except as provided pursuant to paragraph 1(b) 1 herein, of the Advisor and the TrustTrusts, or otherwise to bind the Advisor's and the Trust's Trusts' assets under management. The Sub-Advisor shall furnish services as an independent contractor and not as an employee or agent of either the Advisor or the TrustTrusts. The Sub-Advisor has no power or authority to act for, represent, or bind the Advisor or the Trust Trusts or any company affiliated with either of them.

Services to Other Companies or Accounts. The services of the Sub–-Advisor to the Advisor are not to be deemed to be exclusive, the Sub–-Advisor being free to render services to others and engage in other activities, provided, however, that such other services and activities do not, during the term of this Agreement, interfere, in a material manner, with the Sub–-Advisor’s 's ability to meet all of its obligations hereunder. The Sub–-Advisor shall for all purposes be an independent contractor and not an agent or employee of the Advisor or the TrustFund. Nothing in this Agreement will constitute a partnership between the Advisor, the Sub-Advisor and the TrustFund. Nothing in this Agreement makes the Sub-Advisor an agent of the Advisor or the Trust Fund and the Sub-Advisor has no authority whatsoever to exercise discretionary powers over the global portfolios and investment funds, except as provided pursuant to paragraph 1(bl(b) herein, of the Advisor and the TrustFund, or otherwise to bind the Advisor's and the TrustFund's assets under management. The Sub-Advisor shall furnish services as an independent contractor and not as an employee or agent of either the Advisor or the TrustFund. The Sub-Advisor has no power or authority to act for, represent, or bind the Advisor or the Trust Fund or any company affiliated with either of them.

Services to Other Companies or Accounts. The services of the Sub–-Advisor to the Advisor are not to be deemed to be exclusive, the Sub–-Advisor being free to render services to others and engage in other activities, provided, however, that such other services and activities do not, during the term of this Agreement, interfere, in a material manner, with the Sub–-Advisor’s ability to meet all of its obligations hereunder. The Sub–-Advisor shall for all purposes be an independent contractor and not an agent or employee of the Advisor or the Trust. Nothing in this Agreement will constitute a partnership between the Advisor, the Sub-Advisor and the Trust. Nothing in this Agreement makes the Sub-Advisor an agent of the Advisor or the Trust and the Sub-Advisor Adviser has no authority whatsoever to exercise discretionary powers over the global portfolios and investment funds, except as provided pursuant to paragraph 1(b) herein, of the Advisor and the Trust, or otherwise to bind the Advisor's and the Trust's assets under management. The Sub-Advisor shall furnish services as an independent contractor and not as an employee or agent of either the Advisor or the Trust. The Sub-Advisor has no power or authority to act for, represent, or bind the Advisor or the Trust or any company affiliated with either of them.

Services to Other Companies or Accounts. The services of the Sub–-Advisor to the Advisor are not to be deemed to be exclusive, the Sub–-Advisor being free to render services to others and engage in other activities, provided, however, that such other services and activities do not, during the term of this Agreement, interfere, in a material manner, with the Sub–-Advisor’s 's ability to meet all of its obligations hereunder. The Sub–-Advisor shall for all purposes be an independent contractor and not an agent or employee of the Advisor or the Trust. Nothing in this Agreement will constitute a partnership between the Advisor, the Sub-Advisor and the Trust. Nothing in this Agreement makes the Sub-Advisor an agent of the Advisor or the Trust and the Sub-Advisor Adviser has no authority whatsoever to exercise discretionary powers over the global portfolios and investment funds, except as provided pursuant to paragraph 1(b) herein, of the Advisor and the Trust, or otherwise to bind the Advisor's and the Trust's assets under management. The Sub-Advisor shall furnish services as an independent contractor and not as an employee or agent of either the Advisor or the Trust. The Sub-Advisor has no power or authority to act for, represent, or bind the Advisor or the Trust or any company affiliated with either of them.

Services to Other Companies or Accounts. The services of the Sub–-Advisor to the Advisor are not to be deemed to be exclusive, the Sub–-Advisor being free to render services to others and engage in other activities, provided, however, that such other services and activities do not, during the term of this Agreement, interfere, in a material manner, with the Sub–-Advisor’s ability to meet all of its obligations hereunder. The Sub–-Advisor shall for all purposes be an independent contractor and not an agent or employee of the Advisor or the Trust. Nothing in this Agreement will constitute a partnership between the Advisor, the Sub-Advisor and the Trust. Nothing in this Agreement makes the Sub-Advisor an agent of the Advisor or the Trust and the Sub-Advisor has no authority whatsoever to exercise discretionary powers over the global portfolios and investment funds, except as provided pursuant to paragraph 1(b) herein, of the Advisor and the Trust, or otherwise to bind the Advisor's ’s and the Trust's ’s assets under management. The Sub-Advisor shall furnish services as an independent contractor and not as an employee or agent of either the Advisor or the Trust. The Sub-Advisor has no power or authority to act for, represent, or bind the Advisor or the Trust or any company affiliated with either of them.

Services to Other Companies or Accounts. The services of the Sub–Advisor to the Advisor are not to be deemed to be exclusive, the Sub–Advisor being free to render services to others and engage in other activities, provided, however, that such other services and activities do not, during the term of this Agreement, interfere, in a material manner, with the Sub–Advisor’s ability to meet all of its obligations hereunder. The Sub–Advisor shall for all purposes be an independent contractor and not an agent or employee of the Advisor or the Trust. Nothing in this Agreement will constitute a partnership between the Advisor, the Sub-Advisor and the Trust. Nothing in this Agreement makes the Sub-Advisor an agent of the Advisor or the Trust and the Sub-Advisor Adviser has no authority whatsoever to exercise discretionary powers over the global portfolios and investment funds, except as provided pursuant to paragraph 1(b) herein, of the Advisor and the Trust, or otherwise to bind the Advisor's and the Trust's assets under management. The Sub-Advisor shall furnish services as an independent contractor and not as an employee or agent of either the Advisor or the Trust. The Sub-Advisor has no power or authority to act for, represent, or bind the Advisor or the Trust or any company affiliated with either of them.