Common use of Termination Trigger Clause in Contracts

Termination Trigger. The Adviser will terminate its relationship with the Fund if the following event occurs (the “Termination Trigger”): A. The Adviser adds a fourth strategy before the Allocated Portion totals $100 million or more (including the seed investment and any other seed capital provided by any sub-adviser) (the “Threshold”). Once the Threshold is achieved, the Adviser may add a fourth strategy at its discretion, notwithstanding that the Allocated Portion may decrease below $100 million following such time. The Adviser will not be required to terminate its relationship with the Fund so long as, following the occurrence of the Termination Trigger, the Adviser is attempting in good faith to cure such Termination Trigger, and such Termination Trigger is cured within 12 months of the date of its occurrence. In addition, the Adviser will not be required to terminate its advisory relationship with the Fund if the Sub-Adviser resigns at any time or provides the Adviser with written notice of a waiver of the Termination Trigger.