THIS SUB-ADVISORY AGREEMENT (the “Agreement”), entered into this
____ day of ___________, 2__________, by and between ____________________ (the
“Company”) and _______________________ (the “Sub-Advisor”).
WHEREAS, the Company provides ____________________________ (the
“Services”) to various clients;
AND WHEREAS, the Company has directed various clients to enter into an
agreement with ______________ the Sub-Advisor to establish accounts (the
“Accounts”), wherein the Sub-Advisor provides management and record keeping services
of the Assets in the Accounts;
AND WHEREAS, the clients have granted various powers to the Company and
the Company is desirous of retaining the Sub-Advisor to provide money management and
investment services to the Company on a discretionary basis in respect to the Assets held
in such Accounts.
NOW THEREFORE, in consideration of the mutual promises and covenants
contained herein, the parties hereto agree as follows:
1.00 SERVICES OF SUB-ADVISOR
1.01 The Company hereby retains the Services of the Sub-Advisor to manage
the Assets in the Accounts of the client (the “Client”) on a discretionary basis, to
commence on the date of execution of this Agreement, and pursuant to the terms and
conditions contained herein.
1.02 The Sub-Advisor hereby agrees to invest all securities and money of the
Client, which the Client deposits into the Account, without the prior consent of the
1.03 The Company hereby agrees to provide to the Sub-Advisor a copy of the
executed agreement by the Client, within ______ (___) days of such execution and
further agrees to provide to the Sub-Advisor a copy of the Client’s investment policy,
which sets out the Client’s objectives.
1.04 The Company and the Sub-Advisor hereby agree that upon review by the
Sub-Advisor of the agreement executed by the Client and the investment policy, the Sub-
Advisor shall have the discretion to either accept or decline to provide the Services to the
1.05 The Company and the Sub-Advisor hereby agree that the Sub-Advisor has
no obligation to the Company or the Client to investigate and obtain any non-public
information about any issuer of securities, to purchase or sell or to recommend to
purchase and sale of the Account.
1.06 The Company and the Sub-Advisor hereby agree that the Sub-Advisor
shall be responsible for the filing of all documents and reports with the Securities and
Exchange Commission in the applicable jurisdiction.
2.00 DIALOGUE WITH CLIENT
2.01 The Company and the Sub-Advisor hereby agree that any and all
communications with respect to the Client shall be communicated between the Company
and the Sub-Advisor directly.
2.02 The Sub-Advisor hereby agrees to provide to the Company, reports on the
Accounts on a ____________ basis for review or at such other times as the Company
may reasonably request.
2.03 The Company and the Sub-Advisor hereby agree that the Sub-Advisor will
be available to the Company for any consultations during normal business hours.
3.00 CLIENT INFORMATION
3.01 The Company and the Sub-Advisory hereby agree that the Company shall
perform an initial intake interview with all potential clients, to determine if the potential
client is suitable for the Sub-Advisor’s services.
3.02 The Company hereby agrees to provide and all information and
documentation on the Client to the Sub-Advisor upon the Company determining that the
Client is suitable for the Sub-Advisor’s services.
3.03 The Sub-Advisor hereby agrees that it shall keep all information received
by it from the Company in respect to the Client, confidential and shall not disclose any
information to any third party.
3.04 The Client shall immediately notify the Company and the Sub-Advisor of
any financial change of the Client, or should the Client wish to change his/her financial
3.05 The Company and the Sub-Advisor here