North Carolina Management Agreement between Advisers Managers Trust and Berger and Berman Management Inc. The North Carolina Management Agreement between Advisers Managers Trust and Berger and Berman Management Inc. is a legally binding contract that outlines the terms and conditions under which Berger and Berman Management Inc. will act as the investment manager for Advisers Managers Trust in North Carolina. This agreement sets forth the rights, responsibilities, and obligations of both parties involved. The main purpose of this management agreement is to establish a professional relationship between Advisers Managers Trust and Berger and Berman Management Inc., where the latter will provide investment management services to the former. The agreement specifies the scope of services to be provided, the investment strategy to be followed, and the expectations regarding portfolio performance. Key components of the North Carolina Management Agreement include: 1. Parties involved: The agreement identifies Advisers Managers Trust as the client and Berger and Berman Management Inc. as the investment manager. 2. Scope of services: The agreement outlines the investment management services to be provided, which may include portfolio analysis, investment research, asset allocation, and performance reporting. 3. Investment strategy: The management agreement details the investment strategy to be employed by Berger and Berman Management Inc. This could include selecting securities, managing risk, and adjusting the portfolio based on market conditions. 4. Duties and obligations: The agreement specifies the duties and obligations of both Advisers Managers Trust and Berger and Berman Management Inc. This ensures that both parties are aware of their respective responsibilities and commitments. 5. Compensation: The management agreement addresses the compensation structure, such as management fees or performance-based fees, outlining how and when Berger and Berman Management Inc. will be remunerated for their services. 6. Termination clause: In case either party wishes to terminate the agreement, the management agreement will include provisions on how the termination process should be carried out. Types of North Carolina Management Agreements between Advisers Managers Trust and Berger and Berman Management Inc.: 1. General Management Agreement: This is the standard agreement that outlines a comprehensive set of terms and conditions for investment management services provided by Berger and Berman Management Inc. to Advisers Managers Trust in North Carolina. 2. Specialized Management Agreement: In certain cases, specialized management agreements may be formulated to address specific investment requirements or strategies. For example, an agreement could be tailored for managing a specific sector or asset class within the North Carolina region. In conclusion, the North Carolina Management Agreement between Advisers Managers Trust and Berger and Berman Management Inc. establishes the legal framework and outlines the expectations and obligations of both parties regarding investment management services in North Carolina. This agreement ensures transparency, clarity, and professionalism in the working relationship between the client and the investment manager.