The Illinois Management Agreement between Advisers Managers Trust and Berger and Berman Management Inc. is a legally binding contract that outlines the terms and conditions pertaining to the management services provided by Berger and Berman Management Inc. to Advisers Managers Trust. This agreement establishes a working relationship between the two parties, defining the roles, responsibilities, and obligations of both Advisers Managers Trust and Berger and Berman Management Inc. The purpose of this agreement is to ensure effective and efficient management of assets and investments on behalf of Advisers Managers Trust. The Illinois Management Agreement covers various key aspects, which include: 1. Scope of services: The agreement clearly outlines the specific management services that Berger and Berman Management Inc. will provide to Advisers Managers Trust. This may include portfolio management, investment strategy development, risk management, and other relevant services. 2. Investment objectives: The agreement will define the investment objectives and goals that Advisers Managers Trust wishes to achieve through Berger and Berman Management Inc.'s management services. This could encompass considerations such as income generation, capital preservation, or capital appreciation. 3. Performance benchmarks: The agreement typically includes benchmarks against which the performance of Berger and Berman Management Inc. will be measured. These benchmarks may be based on specific market indices or other predetermined criteria to assess the effectiveness of the management services. 4. Compensation structure: The agreement will articulate the compensation structure for Berger and Berman Management Inc.'s services. It will specify the fees, commissions, or any other forms of compensation payable by Advisers Managers Trust to Berger and Berman Management Inc. 5. Termination and amendment clauses: The agreement will include provisions outlining the circumstances under which either party may terminate the agreement. It will also specify the procedures for amending the agreement, ensuring flexibility for both parties in adapting to changing circumstances. Different types of Illinois Management Agreements between Advisers Managers Trust and Berger and Berman Management Inc. may include variations in services provided, investment objectives, performance benchmarks, or compensation structures. Each agreement will be tailored to meet the specific needs and preferences of Advisers Managers Trust, while considering the expertise and capabilities of Berger and Berman Management Inc. In conclusion, the Illinois Management Agreement between Advisers Managers Trust and Berger and Berman Management Inc. is a vital document that governs the relationship between the two entities, ensuring effective asset management in line with the desired investment objectives of Advisers Managers Trust.