Common use of Advice and Coordination Clause in Contracts

Advice and Coordination. A. The Financial Agent shall provide the Treasury with on-going advice and ideas regarding management of the Account, market conditions, portfolio risks, asset valuations, asset management models, suggested changes to the Asset Manager Guidelines, and strategies for achieving the policy objectives of the Act. B. The Financial Agent shall meaningfully participate in good faith in the Treasury’s Council of Asset Managers, consisting of various asset managers designated as financial agents, to provide the Treasury with both collective advice and a diversity of strategic and tactical opinions. C. As directed by the Treasury, the Financial Agent shall coordinate day-to-day operations as necessary with the Treasury’s other asset managers designated as financial agents to ensure that portfolio strategies are not executed at cross purposes in the market.