Common use of Activities of the Subadviser Clause in Contracts

Activities of the Subadviser. The services of the Subadviser to the Adviser are not to be deemed to be exclusive, the Subadviser being free to render investment advisory and/or other services to others. It is understood that Trustees, officers and employees of the Trust and holders of interests of the Fund are or may be or may become interested in the Subadviser, as Directors, officers, employees, shareholders or otherwise and that Directors, officers and employees of the Subadviser are or may become similarly interested in the Trust.

Activities of the Subadviser. The services of the Subadviser to the Adviser are not to be deemed to be exclusive, the Subadviser being free to render investment advisory and/or other services to others. It is understood that Trustees, officers and employees of the Trust and holders of interests of the Fund are or may be or may become interested in the Subadviser, as Directorsdirectors, officers, employees, shareholders or otherwise and that Directorsdirectors, officers and employees of the Subadviser are or may become similarly interested in the Trust.

Activities of the Subadviser. The services of the Subadviser to the Adviser are not to be deemed to be exclusive, the Subadviser being free to render investment advisory and/or other services to others. It is understood that Trustees, officers and employees of the Trust Portfolio and holders of interests of the Fund Portfolio are or may be or may become interested in the Subadviser, as Directors, officers, employees, shareholders or otherwise and that Directors, officers and employees of the Subadviser are or may become similarly interested in the TrustPortfolio.