ACTIVITIES OF THE SUB-ADVISOR. Except to the extent necessary to perform its obligations hereunder, nothing herein shall be deemed to limit or restrict the Sub-advisor's right, or the right of any of the Sub-advisor's directors, officers or employees, to engage in any other business or to devote time and attention to the management or other aspects of any other business, whether of a similar or dissimilar nature, or to render services of any kind to any other corporation, trust, firm, individual or association. The Sub-advisor agrees to continue to serve as investment sub-adviser to the Fund subject to the requirements of Section 6 hereof unless after the initial two-year term of this Agreement has expired, the Fund's total assets fall below $1 billion for a consecutive period of 30 days; provided, however, that in any such case the Sub-advisor may resign as investment sub-advisor to the Fund upon written notice to the Advisor and the Trust, but agrees to continue to provide services to the Fund pursuant to this Agreement until the earlier of (a) the termination of this Agreement by the Trust or the Advisor, or (b) the hiring and commencement of a suitable replacement sub-advisor for the Fund.
Appears in 3 contracts
Sources: Sub Advisory Agreement (Investment Managers Series Trust II), Sub Advisory Agreement (Investment Managers Series Trust II), Sub Advisory Agreement (Investment Managers Series Trust)