Common use of Use of Sub-Advisor’s Name Clause in Contracts

Use of Sub-Advisor’s Name. Sub-Adviser hereby grants to the Fund and Adviser a non-exclusive, royalty-free, worldwide license to use the Sub-Adviser’s name and logo in any and all promotional materials, prospectuses and registration statements during the term of this Agreement. The Adviser shall furnish, or shall cause to be furnished, to the Sub-Adviser or its designee, each piece of Fund sales literature or other promotional material in which the Sub-Adviser is named, at least ten (10) business days prior to its use. The Sub-Adviser shall be permitted to review and approve the material in written or electronic form prior to such printing. No such material shall be used if the Sub-Adviser or its designee reasonably objects to such use within ten (10) business days after receipt of this material, such approval, may not be unreasonably withheld.

Use of Sub-Advisor’s Name. Sub-Adviser Advisor hereby grants to the Fund and Adviser Advisor a non-exclusive, royalty-free, worldwide license to use the Sub-AdviserAdvisor’s name and logo in any and all promotional materials, prospectuses and registration statements during the term of this Agreement. The Adviser Fund shall furnish, or shall cause to be furnished, to the Sub-Adviser Advisor or its designee, each piece of Fund sales literature or other promotional material in which the Sub-Adviser Advisor is named, at least ten (10) business days prior to its use. The Sub-Adviser Advisor shall be permitted to review and approve the material in written or electronic form prior to such printing. No such material shall be used if the Sub-Adviser Advisor or its designee reasonably objects to such use within ten (10) business days after receipt of this material, such approval, may not be unreasonably withheld.