The Hawaii Sub-Advisory Agreement is a legal document that outlines the specific terms and conditions between Prudential Investments Fund Management, LLC and The Prudential Investment Corp. regarding the provision of investment advisory services in Hawaii. This agreement establishes a professional relationship where Prudential Investments Fund Management, LLC (as the "Sub-Advisor") agrees to provide investment advisory services to The Prudential Investment Corp. (as the "Advisor") specifically for clients located in Hawaii. The agreement ensures that both parties are clear about their roles, responsibilities, and the scope of services provided. The Hawaii Sub-Advisory Agreement typically includes the following key components: 1. Parties: Clearly identifies Prudential Investments Fund Management, LLC as the Sub-Advisor and The Prudential Investment Corp. as the Advisor. 2. Effective Dates: Specifies the start and end date of the agreement, which is usually for a predetermined period. 3. Objectives: Outlines the specific investment objectives and goals of the agreement, which may vary depending on the client's needs and risk tolerance. 4. Scope of Services: Details the specific investment advisory services to be provided by the Sub-Advisor, such as portfolio management, asset allocation, research, risk analysis, reporting, etc. 5. Compensation: Defines the compensation structure for the Sub-Advisor's services, including any management fees, performance-based fees, or other remuneration methods. 6. Termination: Outlines the conditions and procedures for terminating the agreement, including notice requirements and any associated fees or penalties. 7. Compliance: Addresses regulatory and compliance obligations, ensuring that both parties adhere to legal and industry standards. While the Hawaii Sub-Advisory Agreement is specific to investment advisory services in Hawaii, it is worth noting that there may be variations of this agreement for different regions, states, or even specific clients. These variations are typically created to address any specific legal or regulatory requirements unique to those areas or to cater to the individual needs of particular clients. In conclusion, the Hawaii Sub-Advisory Agreement between Prudential Investments Fund Management, LLC and The Prudential Investment Corp. is a comprehensive legal document that establishes the terms and conditions for the provision of investment advisory services in Hawaii.