Manager's Acceptance of Employment and Service Provided Sample Clauses

Manager's Acceptance of Employment and Service Provided. The Manager accepts such employment and agrees during such period to manage the investment operations of the Fund and Series, subject to the terms of this Agreement and to the supervision and control of the Trustees. Manager agrees to perform or arrange for the performance of the following services with respect to the Series: to supply investment research; to manage the Series' portfolio (including without limitation the selection of securities or other investments for the Series to purchase, hold, lend or sell) in a manner consistent with the Series' investment objectives, policies and restrictions as set forth in written documents furnished by the Fund to the Manager, the Fund's Agreement and Declaration of Trust and By-laws, all securities, commodities and tax laws and regulations applicable to the Fund and Series, and any other written limitations or directions furnished by the Trustees to the Manager; to select brokers through whom the Series' portfolio transactions are executed, in accordance with the policies adopted by the Series and its Board of Trustees; to administer the business affairs of the Series; to furnish offices and necessary facilities and equipment to the Series; to provide clerical, bookkeeping and other administrative services for the Series (other than those services to be provided by the Fund's underwriter, custodian, transfer agent and administrator pursuant to the Fund's agreements with these respective parties on behalf of the Series); to render periodic reports to the Trustees of the Fund; to permit any of its officers or employees to serve without compensation as Trustees or officers of the Fund if elected to such positions; to make available to the Fund promptly upon request all the Series' records and ledgers and any reports or information reasonably requested by the Fund; to the extent required by law, to furnish to regulatory authorities any information or reports relating to the services provided in this Agreement; to make recommendations as to the manner in which voting rights, rights to consent to Fund or Series action, and any other rights pertaining to Fund or the Series shall be exercised; and to use reasonable efforts to manage the Series so that it will qualify as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended. Except as otherwise instructed from time to time by the Trustees, with respect to execution of transactions for the Fund on behalf of the Series, Manager ...
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Related to Manager's Acceptance of Employment and Service Provided

  • ADVISER'S ACCEPTANCE OF EMPLOYMENT The Adviser accepts such employment and agrees during such period to render such services, to supply investment research and portfolio management (including without limitation the selection of securities for the Fund to purchase, hold or sell and the selection of brokers through whom the Fund's portfolio transactions are executed, in accordance with the policies adopted by the Fund and its Board of Trustees), to administer the business affairs of the Fund, to furnish offices and necessary facilities and equipment to the Fund, to provide administrative services for the Fund, to render periodic reports to the Board of Trustees of the Fund, and to permit any of its officers or employees to serve without compensation as trustees or officers of the Fund if elected to such positions.

  • Employment; Acceptance of Employment Company hereby employs Executive and Executive hereby accepts employment by Company for the period and upon the terms and conditions hereinafter set forth.

  • Acceptance of Employment The Adviser hereby accepts such employment and agrees during the term hereof to render the services described herein for the compensation provided herein, subject to the limitations contained herein.

  • Continuance of Employment/Service Required; No Employment/Service Commitment The vesting schedule requires continued employment or service through each applicable vesting date as a condition to the vesting of the applicable installment of the Option and the rights and benefits under this Option Agreement. Employment or service for only a portion of the vesting period, even if a substantial portion, will not entitle the Grantee to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or services as provided in Section 4 below or under the Plan. Nothing contained in this Option Agreement or the Plan constitutes a continued employment or service commitment by the Corporation or any of its Subsidiaries, affects the Grantee’s status, if he or she is an employee, as an employee at will who is subject to termination without cause, confers upon the Grantee any right to remain employed by or in service to the Corporation or any Subsidiary, interferes in any way with the right of the Corporation or any Subsidiary at any time to terminate such employment or service, or affects the right of the Corporation or any Subsidiary to increase or decrease the Grantee’s other compensation.

  • Acceptance of Employment; Standard of Performance The Subadviser accepts its employment as a discretionary series adviser of the Designated Series and agrees to use its best professional judgment to make investment decisions for the Designated Series in accordance with the provisions of this Agreement and as set forth in Schedule D attached hereto and made a part hereof.

  • EXPIRATION OF EMPLOYMENT TERM; NON-EXTENSION OF AGREEMENT Upon the expiration of the Employment Term due to a non-extension of the Agreement by the Company or the Employee pursuant to the provisions of Section 2 hereof.

  • Acceptance and Term of Employment The Company agrees to employ Executive and Executive agrees to serve the Company on the terms and conditions set forth herein. The Term of Employment hereunder shall commence on the Effective Date and shall continue until terminated as provided in Section 8 hereof.

  • Performance of Work All work described in this Section 8 shall be performed only by Landlord or by contractors and subcontractors approved in writing by Landlord and only in accordance with plans and specifications approved by Landlord in writing. If Landlord elects, in its sole discretion, to supervise any work described in this Section 8, Tenant shall pay to Landlord a construction management fee equal to 5% of the cost of such work. Tenant shall cause all contractors and subcontractors to procure and maintain insurance coverage naming Landlord, Landlord’s Mortgagee, Landlord’s property management company and Landlord’s asset management company as additional insureds against such risks, in such amounts, and with such companies as Landlord may reasonably require. Tenant shall provide Landlord with the identities, mailing addresses and telephone numbers of all persons performing work or supplying materials prior to beginning such construction and Landlord may post on and about the Premises notices of non-responsibility pursuant to applicable Laws. All such work shall be performed in accordance with all Laws and in a good and workmanlike manner so as not to damage the Building (including the Premises, the Building’s Structure and the Building’s Systems) and shall use materials of a quality that is at least equal to the quality designated by Landlord as the minimum standard for the Building, and in such manner as to cause a minimum of disruption to the other occupants of the Project and interference with other construction in progress and with the transaction of business in the Project and the related complex. Landlord may designate reasonable rules, regulations and procedures for the performance of all such work in the Building (including insurance requirements for contractors) and, to the extent reasonably necessary to avoid disruption to the occupants of the Building, shall have the right to designate the time when such work may be performed. All such work which may affect the Building’s Structure or the Building’s Systems must be approved by the Project’s engineer of record, at Tenant’s expense and, at Landlord’s election, must be performed by Landlord’s usual contractor for such work. All work affecting the roof of the Building must be performed by Landlord’s roofing contractor and no such work will be permitted if it would void or reduce or otherwise adversely affect the warranty on the roof. Upon completion of any work described in this Section 8, except with respect to any Permitted Alterations or any repairs required to be made by Tenant under Section 8.2, Tenant shall furnish Landlord with accurate reproducible “as-built” CADD files of the improvements as constructed.

  • Termination of Employment Generally In the event the Executive’s employment with the Company terminates, for any reason whatsoever including death or disability the Executive shall be entitled to the benefits described in this Section 2.2.

  • Performance of Services The Executive’s employment with the Company shall be subject to the following:

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