investmentmanagementagreement-nappa-…:投资管理协议纳帕—…

investmentmanagementagreement-nappa-…:投资管理协议纳帕—…

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时间:2019-11-24

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1、INVESTMENTMANAGEMENTAGREEMENTThisAgreement,madethisdayof,、isbetweenthe[organization]("the[organization]^),aretirement[organization]establishedpursuanttothelawsoftheStateof[state],and[manager]•("InvestmentManager^)a[typeofmanager,corporation,etc.]withapri

2、ncipalplaceofbusinessat[address]-ThisAgreementsupersedesallpriorAgreementsbetweentheparties.WITNESSETH:Whereas,theBoardofTrusteesofthe[organization](“theBoard")actingpursuanttothepowervestedinit,desirestoappointInvestmentManagerasaninvestmentmanager;andW

3、hereas,InvestmentManageriswillingtoacceptappointmentasaninvestmentmanagerforthe[organization];NOW,THEREFORE,inconsiderationofthepremisesandagreementscontainedherein,thepartiesagreeasfollows:1.0AppointmentofInvestmentManager.1.1.The[organization]herebyapp

4、ointsInvestmentManagerasaninvestmentmanager,assuchtermisdefinedinSection3(38)oftheEmployeeRetirementIncomeSecurityActof1974("ERISA"),withrespecttoallcash,securitiesorotherpropertyasmayfromtimetotimebedesignatedbytheBoard,asassetstobemanagedbyInvestmentMa

5、nager.Suchassetsshallconstituteandbereferredtoas“theAccount:1.2InvestmentManagerherebyacceptssuchappointmentasaninvestmentmanagerpursuanttothetermsofthisAgreementandagreestorestrictinvestmentoftheassetsoftheAccountto[fixedincomesecurities].1.2InvestmentM

6、anagershallforallpurposeshereinprovidedbedeemedtobeanindependentcontractorand,unlessexpresslyauthorizedinwriting,shallnothaveauthoritytoactforandrepresentthe[organization]ortheBoardinanywayorotherwisebedeemedanagentofeitherorboth.1.3InvestmentManager,ini

7、tssolediscretion,shallmanagetheAccount,andshallinvestandreinvesttheassetsintheAccount,theproceedsfromthesaleofsuchassetsandtheincomeandappreciationattributabletosuchassets,andanysuchadditionalassetstheBoardmaydesignate,fromtimetotime,lessanyassetstheBoar

8、dmaywithdrawfromtimetotime.1.4Inactingundertheprovisionsofparagraph1.4aboveandinactingunderthisAgreementasageneralmatter,InvestmentManagershallacthereinasafiduciaryinaccordancewiththeapplicablerequirementsofthe[state]Revis

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