The Idaho Sub-Advisory Agreement of Berger and Berman Management, Inc. is a legal document that outlines the terms and conditions between Berger and Berman Management, Inc. (the "Sub-Advisor") and the state of Idaho. This agreement pertains to the provision of investment management services by the Sub-Advisor to Idaho-based clients or entities. The main purpose of the Idaho Sub-Advisory Agreement is to establish the rights, responsibilities, and obligations of both parties involved. It ensures that the Sub-Advisor acts in the best interests of the Idaho-based clients and that the state of Idaho receives the expected level of service. The agreement covers various key aspects, including the scope of services to be provided by the Sub-Advisor, the compensation arrangement, and the duration of the agreement. It also addresses important provisions related to confidentiality, conflicts of interest, termination clauses, and dispute resolution mechanisms. Berger and Berman Management, Inc. may offer different types of Idaho Sub-Advisory Agreements to suit the specific needs of their clients. Some possible variations could include: 1. General Idaho Sub-Advisory Agreement: This is a comprehensive agreement that covers a wide range of investment management services provided by the Sub-Advisor to clients based in Idaho. It outlines the roles and responsibilities of both parties in detail. 2. Idaho Sub-Advisory Agreement for Specific Asset Classes: Berger and Berman Management, Inc. may offer specialized agreements tailored to specific asset classes, such as equities, fixed income, or alternative investments. These agreements would focus on the management and oversight of specific types of assets for Idaho-based clients. 3. Idaho Sub-Advisory Agreement for Institutional Clients: This agreement may be designed specifically for institutional clients in Idaho, such as pension funds, endowments, or government entities. It could include provisions addressing the unique requirements and reporting standards applicable to institutional investors. In conclusion, the Idaho Sub-Advisory Agreement of Berger and Berman Management, Inc. is a legally binding document that establishes the terms of the relationship between the Sub-Advisor and the state of Idaho. It ensures that the investment management services provided by Berger and Berman Management, Inc. adhere to the highest standards and protect the interests of Idaho-based clients.