Common use of SUB-ADVISORY AGREEMENT Clause in Contracts

SUB-ADVISORY AGREEMENT. The Investment Adviser may enter into a separate sub-advisory agreement with Merrxxx Xxxcx Xxxet Management U.K. Limited ("MLAM U.K.") in which the Investment Adviser may contract for sub-advisory services and pay MLAM U.K. compensation for its services out of the compensation received hereunder pursuant to Article III. Such sub-advisory agreement will be coterminous with this Agreement.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Market Participation Principal Protection Fund Inc), Investment Advisory Agreement (Market Participation Principal Protection Fund Inc)

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SUB-ADVISORY AGREEMENT. The Investment Adviser may enter into a separate sub-advisory agreement with Merrxxx Xxxcx Xxxet Xxxxxxx Xxxxx Asset Management U.K. Limited ("MLAM U.K.") in which the Investment Adviser may contract for sub-advisory services and pay MLAM U.K. compensation for its services out of the compensation received hereunder pursuant to Article III. Such sub-advisory agreement will be coterminous with this Investment Advisory Agreement.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Merrill Lynch Corporate High Yield Fund Inc), Management Agreement (Merrill Lynch Global Financial Services Fund Inc)

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