USE OF SUB-ADVISERS. You may delegate any or all of the responsibilities, rights or duties described above to one or more sub-advisers who shall enter into agreements with you. Any such delegation shall not relieve you from any liability hereunder.
Appears in 2 contracts
Sources: Management Agreement (Mutual Fund & Variable Insurance Trust), Management Agreement (Mutual Fund & Variable Insurance Trust)
USE OF SUB-ADVISERS. You may delegate any or all of the responsibilities, rights or duties described above to one or more sub-advisers who shall enter into agreements with you, provided the agreements are approved by the Company’s Board. You shall be responsible for the fees, costs and expenses payable to any sub-adviser, as specified in the sub-advisory agreement related thereto. Any such delegation shall not relieve you from any liability hereunder.
Appears in 1 contract