This sample form, a detailed Management Agreement document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
Delaware Management Agreement between Advisers Managers Trust and Berger and Berman Management Inc. is a legal document that outlines the terms and conditions under which Advisers Managers Trust delegates its management duties to Berger and Berman Management Inc. This agreement serves as a framework for their professional relationship and sets forth the rights, responsibilities, and obligations of both parties involved. Keywords: Delaware Management Agreement, Advisers Managers Trust, Berger and Berman Management Inc. There are different types of Delaware Management Agreements that can be established between Advisers Managers Trust and Berger and Berman Management Inc., which include: 1. General Delaware Management Agreement: The General Delaware Management Agreement covers the overall management responsibilities and duties delegated by Advisers Managers Trust to Berger and Berman Management Inc. This agreement outlines the scope of authority, investment strategies, fee structure, fiduciary responsibilities, reporting requirements, and termination conditions. 2. Mutual Fund Specific Management Agreement: Mutual Fund Specific Management Agreement is a specialized type of Delaware Management Agreement targeting specific mutual funds managed by Berger and Berman Management Inc. under the supervision of Advisers Managers Trust. It specifies the investment objectives, performance benchmarks, asset allocation policies, expense ratios, distribution policies, and other fund-specific terms. 3. Alternative Investment Strategy Management Agreement: This type of Delaware Management Agreement is designed for alternative investment strategies, such as hedge funds or private equity funds, managed by Berger and Berman Management Inc. under the supervision of Advisers Managers Trust. It includes provisions related to the specific investment techniques, legal structure, liquidity terms, performance fees, and risk management. 4. Sub-Advisory Agreement: A Sub-Advisory Agreement is established when Advisers Managers Trust decides to outsource a portion of management duties to Berger and Berman Management Inc. in relation to a specific investment product or strategy. It outlines the delegated responsibilities, reporting requirements, compensation structure, termination conditions, and compliance obligations. 5. Amendment or Restatement Agreement: An Amendment or Restatement Agreement may be executed when both parties wish to modify or update the existing Delaware Management Agreement. This agreement typically revolves around changes in investment strategies, fee structures, performance objectives, roles and responsibilities, or regulatory compliance requirements. 6. Termination Agreement: If either party decides to terminate the Delaware Management Agreement before the agreed term, a Termination Agreement is executed. It defines the terms and conditions for the termination process, including post-termination obligations, winding-up procedures, transfer of assets, and any outstanding fee settlements. These variations of Delaware Management Agreements enable Advisers Managers Trust and Berger and Berman Management Inc. to establish tailored frameworks that align with specific investment products, strategies, and regulatory requirements, ensuring a transparent and efficient working relationship.
Delaware Management Agreement between Advisers Managers Trust and Berger and Berman Management Inc. is a legal document that outlines the terms and conditions under which Advisers Managers Trust delegates its management duties to Berger and Berman Management Inc. This agreement serves as a framework for their professional relationship and sets forth the rights, responsibilities, and obligations of both parties involved. Keywords: Delaware Management Agreement, Advisers Managers Trust, Berger and Berman Management Inc. There are different types of Delaware Management Agreements that can be established between Advisers Managers Trust and Berger and Berman Management Inc., which include: 1. General Delaware Management Agreement: The General Delaware Management Agreement covers the overall management responsibilities and duties delegated by Advisers Managers Trust to Berger and Berman Management Inc. This agreement outlines the scope of authority, investment strategies, fee structure, fiduciary responsibilities, reporting requirements, and termination conditions. 2. Mutual Fund Specific Management Agreement: Mutual Fund Specific Management Agreement is a specialized type of Delaware Management Agreement targeting specific mutual funds managed by Berger and Berman Management Inc. under the supervision of Advisers Managers Trust. It specifies the investment objectives, performance benchmarks, asset allocation policies, expense ratios, distribution policies, and other fund-specific terms. 3. Alternative Investment Strategy Management Agreement: This type of Delaware Management Agreement is designed for alternative investment strategies, such as hedge funds or private equity funds, managed by Berger and Berman Management Inc. under the supervision of Advisers Managers Trust. It includes provisions related to the specific investment techniques, legal structure, liquidity terms, performance fees, and risk management. 4. Sub-Advisory Agreement: A Sub-Advisory Agreement is established when Advisers Managers Trust decides to outsource a portion of management duties to Berger and Berman Management Inc. in relation to a specific investment product or strategy. It outlines the delegated responsibilities, reporting requirements, compensation structure, termination conditions, and compliance obligations. 5. Amendment or Restatement Agreement: An Amendment or Restatement Agreement may be executed when both parties wish to modify or update the existing Delaware Management Agreement. This agreement typically revolves around changes in investment strategies, fee structures, performance objectives, roles and responsibilities, or regulatory compliance requirements. 6. Termination Agreement: If either party decides to terminate the Delaware Management Agreement before the agreed term, a Termination Agreement is executed. It defines the terms and conditions for the termination process, including post-termination obligations, winding-up procedures, transfer of assets, and any outstanding fee settlements. These variations of Delaware Management Agreements enable Advisers Managers Trust and Berger and Berman Management Inc. to establish tailored frameworks that align with specific investment products, strategies, and regulatory requirements, ensuring a transparent and efficient working relationship.