Common use of Appointment of Sub-Advisor Clause in Contracts

Appointment of Sub-Advisor. In accordance with and subject to the Management Agreement, the Manager hereby appoints the Sub-Advisor to perform the services described in Section 2 below for investment and reinvestment of the securities and other assets of the Series subject to the control and direction of the Manager and the Fund's Board of Directors, for the period and on the terms hereinafter set forth. The Manager grants the Sub-Advisor full discretion to perform such services. The Sub-Advisor accepts such appointment and agrees to furnish the services hereinafter set forth for the compensation herein provided. The Sub-Advisor shall for all purposes herein be deemed to be an independent contractor and shall, except as expressly provided or authorized, have no authority to act for or represent the Fund or the Manager in any way or otherwise be deemed an agent of the Fund or the Manager.

Appears in 6 contracts

Samples: Sub Advisory Agreement (Principal Funds Inc), Sub Advisory Agreement (Principal Funds Inc), Sub Advisory Agreement (Principal Funds Inc)

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Appointment of Sub-Advisor. In accordance with and subject to the Management Agreement, the Manager hereby appoints the Sub-Advisor to perform the services described in Section 2 below for investment and reinvestment of the securities and other assets of the SmallCap Value Series of the Fund (hereinafter called "the Series"), subject to the control and direction of the Manager and the Fund's Board of Directors, for the period and on the terms hereinafter set forth. The Manager grants the Sub-Advisor full discretion to perform such services. The Sub-Advisor accepts such appointment and agrees to furnish the services hereinafter set forth for the compensation herein provided. The Sub-Advisor shall for all purposes herein be deemed to be an independent contractor and shall, except as expressly provided or authorized, have no authority to act for or represent the Fund or the Manager in any way or otherwise be deemed an agent of the Fund or the Manager.

Appears in 5 contracts

Samples: Principal Variable (Principal Capital Accumulation Fund Inc), Sub Advisory Agreement (Principal Variable Contracts Fund Inc), Sub Advisory Agreement (Principal Variable Contracts Fund Inc)

Appointment of Sub-Advisor. In accordance with and subject to the Management Agreement, the Manager hereby appoints the Sub-Advisor to perform the services described in Section 2 below for investment and reinvestment of the securities and other assets of the Series Fund or such portion of the assets of the Fund as the Manager shall specify from time to time, subject to the control and direction of the Manager and the Fund's Board of Directors, for the period and on the terms hereinafter set forth. The Manager grants the Sub-Advisor full discretion to perform such services. The Sub-Advisor accepts such appointment and agrees to furnish the services hereinafter set forth for the compensation herein provided. The Sub-Advisor shall for all purposes herein be deemed to be an independent contractor and shall, except as expressly provided or authorized, have no authority to act for or represent the Fund or the Manager in any way or otherwise be deemed an agent of the Fund or the Manager.

Appears in 3 contracts

Samples: Sub Advisory Agreement (Principal Partners Blue Chip Fund Inc /Md/), Sub Advisory Agreement (Principal Partners Blue Chip Fund Inc /Md/), Sub Advisory Agreement (Principal Partners Blue Chip Fund Inc /Md/)

Appointment of Sub-Advisor. In accordance with and subject to the Management Agreement, the Manager hereby appoints the Sub-Advisor to perform the services described in Section 2 below for investment and reinvestment of the securities and other assets of the Series, or such portion of the assets of the Series as the Manager shall specify from time to time, subject to the control and direction of the Manager and the Fund's Board of Directors, for the period and on the terms hereinafter set forth. The Manager grants the Sub-Advisor full discretion to perform such services. The Sub-Advisor accepts such appointment and agrees to furnish the services hereinafter set forth for the compensation herein provided. The Sub-Advisor shall for all purposes herein be deemed to be an independent contractor and shall, except as expressly provided or authorized, have no authority to act for or represent the Fund or the Manager in any way or otherwise be deemed an agent of the Fund or the Manager.

Appears in 3 contracts

Samples: Sub Advisory Agreement (Principal Investors Fund Inc), Advisory Agreement (Principal Investors Fund Inc), Sub Advisory Agreement (Principal Investors Fund Inc)

Appointment of Sub-Advisor. In accordance with and subject to the Management Agreement, the Manager hereby appoints the Sub-Advisor to perform the services described in Section 2 below for investment and reinvestment of the securities and other assets of the SmallCap Value Account I Series of the Fund (hereinafter called "the Series"), subject to the control and direction of the Manager and the Fund's Board of Directors, for the period and on the terms hereinafter set forth. The Manager grants the Sub-Advisor full discretion to perform such services. The Sub-Advisor accepts such appointment and agrees to furnish the services hereinafter set forth for the compensation herein provided. The Sub-Advisor shall for all purposes herein be deemed to be an independent contractor and shall, except as expressly provided or authorized, have no authority to act for or represent the Fund or the Manager in any way or otherwise be deemed an agent of the Fund or the Manager.

Appears in 3 contracts

Samples: Sub Advisory (Principal Variable Contracts Funds Inc), Principal Variable Contracts Funds Inc, Principal Variable Contracts Funds Inc

Appointment of Sub-Advisor. In accordance with and subject to the Management Agreement, the Manager hereby appoints the Sub-Advisor to perform the services described in Section 2 below for investment and reinvestment of the securities and other assets of the SmallCap Growth Series of the Fund (hereinafter called "the Series"), subject to the control and direction of the Manager and the Fund's Board of Directors, for the period and on the terms hereinafter set forth. The Manager grants the Sub-Advisor full discretion to perform such services. The Sub-Advisor accepts such appointment and agrees to furnish the services hereinafter set forth for the compensation herein provided. The Sub-Advisor shall for all purposes herein be deemed to be an independent contractor and shall, except as expressly provided or authorized, have no authority to act for or represent the Fund or the Manager in any way or otherwise be deemed an agent of the Fund or the Manager.

Appears in 2 contracts

Samples: Principal Variable (Principal Variable Contracts Fund Inc), Principal Variable (Principal Capital Accumulation Fund Inc)

Appointment of Sub-Advisor. In accordance with and subject to the Management Agreement, the Manager hereby appoints the Sub-Advisor to perform the services described in Section 2 below for investment and reinvestment of the securities and other assets of the LargeCap Growth Series of the Fund (hereinafter called "the Series"), subject to the control and direction of the Manager and the Fund's Board of Directors, for the period and on the terms hereinafter set forth. The Manager grants the Sub-Advisor full discretion to perform such services. The Sub-Advisor accepts such appointment and agrees to furnish the services hereinafter set forth for the compensation herein provided. The Sub-Advisor shall for all purposes herein be deemed to be an independent contractor and shall, except as expressly provided or authorized, have no authority to act for or represent the Fund or the Manager in any way or otherwise be deemed an agent of the Fund or the Manager.

Appears in 2 contracts

Samples: Principal Variable (Principal Variable Contracts Fund Inc), Principal Variable (Principal Variable Contracts Fund Inc)

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Appointment of Sub-Advisor. In accordance with and subject to the Management Agreement, the Manager hereby appoints the Sub-Advisor to perform the services described in Section 2 below for investment and reinvestment of the securities and other assets of the LargeCap Growth Series of the Fund (hereinafter called Athe Series@), subject to the control and direction of the Manager and the Fund's Board of Directors, for the period and on the terms hereinafter set forth. The Manager grants the Sub-Advisor full discretion to perform such services. The Sub-Advisor accepts such appointment and agrees to furnish the services hereinafter set forth for the compensation herein provided. The Sub-Advisor shall for all purposes herein be deemed to be an independent contractor and shall, except as expressly provided or authorized, have no authority to act for or represent the Fund or the Manager in any way or otherwise be deemed an agent of the Fund or the Manager.

Appears in 1 contract

Samples: Principal Variable (Principal Variable Contracts Fund Inc)

Appointment of Sub-Advisor. In accordance with and subject to the Management Agreement, the The Manager hereby appoints the Sub-Advisor to perform the services described in Section 2 below for investment and reinvestment of such portion of the securities and other assets of each Series as may be allocated to the Series Sub-Advisor by the Manager, from time to time (the "Allocated Assets"), subject to the control and direction of the Manager and the Fund's Board of Directors, for the period and on the terms hereinafter set forth. The Manager grants the Sub-Advisor full discretion to perform such services. The Sub-Advisor accepts such appointment and agrees to furnish the services hereinafter set forth for the compensation herein provided. The Sub-Sub- Advisor shall for all purposes herein be deemed to be an independent contractor and shall, except as expressly provided or authorizedauthorized herein or otherwise, have no authority to act for or represent the Fund or the Manager in any way or otherwise be deemed an agent of the Fund or the Manager.

Appears in 1 contract

Samples: Sub Advisory Agreement (Principal Funds Inc)

Appointment of Sub-Advisor. In accordance with and subject to the Management Agreement, the The Manager hereby appoints the Sub-Advisor to perform the services described in Section 2 below for investment and reinvestment of such portion of the securities and other assets of each Series as may be allocated to the Series Sub-Advisor by the Manager, from time to time (the “Allocated Assets”), subject to the control and direction of the Manager and the Fund's ’s Board of Directors, for the period and on the terms hereinafter set forth. The Manager grants the Sub-Advisor full discretion to perform such services. The Sub-Advisor accepts such appointment and agrees to furnish the services hereinafter set forth for the compensation herein provided. The Sub-Advisor shall for all purposes herein be deemed to be an independent contractor and shall, except as expressly provided or authorizedauthorized herein or otherwise, have no authority to act for or represent the Fund or the Manager in any way or otherwise be deemed an agent of the Fund or the Manager.

Appears in 1 contract

Samples: Sub Advisory Agreement (Principal Funds Inc)

Appointment of Sub-Advisor. In accordance with and subject to the Management Agreement, the Manager hereby appoints the Sub-Advisor Sub‑Advisor to perform the services described in Section 2 below for investment and reinvestment of the securities and other assets of the Series subject to the control and direction of the Manager and the Fund's Board of Directors, for the period and on the terms hereinafter set forth. The Manager grants the Sub-Advisor full discretion to perform such services. The Sub-Advisor Sub‑Advisor accepts such appointment and agrees to furnish the services hereinafter set forth for the compensation herein provided. The Sub-Advisor Sub‑Advisor shall for all purposes herein be deemed to be an independent contractor and shall, except as expressly provided or authorized, have no authority to act for or represent the Fund or the Manager in any way or otherwise be deemed an agent of the Fund or the Manager.

Appears in 1 contract

Samples: Sub‑advisory Agreement (Principal Funds Inc)

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