Common use of Limitation of Liability of the Sub-Adviser Clause in Contracts

Limitation of Liability of the Sub-Adviser. Neither the Sub-Adviser nor any director, manager, member, officer or employee of the Sub-Adviser will be liable for any error of judgment or mistake of law or for any loss suffered by the Trust, the Fund or the Adviser in connection with the matters to which this Agreement relates, except a loss resulting from willful misfeasance, bad faith or gross negligence on the Sub-Adviser’s part in the performance of its duties or from reckless disregard by it of its obligations and duties under this Agreement.

Limitation of Liability of the Sub-Adviser. Neither the Subsub-Adviser nor adviser or any director, manager, member, officer employee or employee shareholder of the Subsub-Adviser adviser will be liable for any error of judgment or mistake of law or for any loss suffered by the Trusttrust, the Fund fund or the Adviser adviser in connection with the matters to which this Agreement agreement relates, except a loss resulting from willful misfeasance, bad faith or gross negligence on the Subsub-Adviser’s adviser's part in the performance of its duties or from reckless disregard by it of its obligations and duties under this Agreementagreement.

Limitation of Liability of the Sub-Adviser. Neither the Subsub-Adviser adviser nor any director, manager, member, officer or employee of the Subsub-Adviser adviser will be liable for any error of judgment or mistake of law or for any loss suffered by the Trusttrust, the Fund fund or the Adviser adviser in connection with the matters to which this Agreement agreement relates, except a loss resulting from willful misfeasance, bad faith or gross negligence on the Subsub-Adviser’s adviser's part in the performance of its duties or from reckless disregard by it of its obligations and duties under this Agreementagreement.

Limitation of Liability of the Sub-Adviser. Neither the Sub-Adviser nor any director, manager, member, officer or employee of the Sub-Adviser will be liable for any error of judgment or mistake of law or for any loss suffered by the Trust, the Fund Funds or the Adviser in connection with the matters to which this Agreement relates, except a loss resulting from willful VP/#63261437.5 VP/#63261437.5 misfeasance, bad faith or gross negligence on the Sub-Adviser’s part in the performance of its duties or from reckless disregard by it of its obligations and duties under this Agreement.