Common use of Sub-Investment Manager Clause in Contracts

Sub-Investment Manager. Notwithstanding any other provision of this ---------------------- Agreement, the Fund and the Investment Manager may agree to the employment of Janus Capital Corporation as the Sub-Investment Manager to the Fund for the purpose of providing investment management services with respect to the Portfolio, provided that the compensation to be paid to such Sub-Investment Manager shall be the sole responsibility of the Investment Manager and the duties and responsibilities of the Sub-Investment Manager shall be as set forth in a sub-investment management agreement among the Investment Manager, the Sub-Investment Manager and the Fund on behalf of the Portfolio.