Common use of Termination by the Advisor Clause in Contracts

Termination by the Advisor. The Advisor may terminate this Agreement without penalty and ---------------------------- without the payment of any fee or penalty, immediately after giving written notice, upon the occurrence of any of the following events: 1. Any of the Subadvisor, their respective partners, subsidiaries, affiliates, directors, officers, employees or agents engages in an action or omits to take an action that would cause the Subadvisor to be disqualified in any manner under Section 9(a) of the 1940 Act, if the SEC were not to grant an exemptive order under Section 9(c) thereof or that would constitute grounds for the SEC to deny, revoke or suspend the registration of the Subadvisor as an investment advisor with the SEC; or 2. The Subadvisor breaches the representations contained in Paragraph III.A.4.i. of this Agreement or any other material provision of this Agreement, and any such breach is not cured within a reasonable period of time after notice thereof from the Advisor to the Subadvisor.

Termination by the Advisor. The Advisor may terminate this ----------------------------- Agreement without penalty and ---------------------------- without the payment of any fee or penalty, immediately after giving written notice, upon the occurrence of any of the following events: 1. Any of the Subadvisor, their respective partners, subsidiaries, affiliates, directors, officers, employees or agents engages in an action or omits to take an action that would cause the Subadvisor to be disqualified in any manner under Section 9(a) of the 1940 Act, if the SEC were not to grant an exemptive order under Section 9(c) thereof or that would constitute grounds for the SEC to deny, revoke or suspend the registration of the Subadvisor as an investment advisor with the SEC; or 2. The Subadvisor breaches the representations contained in Paragraph III.A.4.i. of this Agreement or any other material provision of this Agreement, and any such breach is not cured within a reasonable period of time after notice thereof from the Advisor to the Subadvisor.