Common use of ADDITION OF SUBADVISORY SERVICES Clause in Contracts

ADDITION OF SUBADVISORY SERVICES. Pursuant to Article 5 of the Agreement, the services of the Subadviser referenced in Article 1 are hereby amended by adding the following: In accordance with Rule 17a-10 under the 1940 Act and any other applicable law, the Subadviser shall not consult concerning transactions for the Portfolio in securities or other assets with any other subadviser to the Portfolio or any subadviser to any other portfolio of the Fund or to any other investment company or investment company series for which the Manager serves as investment adviser concerning transactions of the Portfolio in securities or other assets except that: (i) such consultations are permitted between the current and successor sub-advisers of the Portfolio in order to effect an orderly transition of sub-advisory duties so long as such consultations are not concerning transactions prohibited by Section 17(a) of the 1940 Act; (ii) the Subadviser may consult with any of its affiliated persons concerning transactions in securities or other assets; and (iii) the Subadviser may consult with any of the other covered subadvisers concerning compliance with paragraphs (a) and (b) of Rule 12d3-1 of the 1940 Act.