Indiana Administration Agreement between Neuberger and Berman Advisers Management Trust and Neuberger and Berman Management Inc

• Category: Corporations - Public - Restructuring
• State: Multi-State
• Control #: US-CC-7-636
• Format: Word; Rich Text

Description

This sample form, a detailed Administration 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. Title: Unveiling the Indiana Administration Agreement: Berger and Berman Advisers Management Trust and Berger and Berman Management Inc Introduction: The Indiana Administration Agreement between Berger and Berman Advisers Management Trust (NB MAT) and Berger and Berman Management Inc (BMI) serves as a legally binding contract outlining the terms and conditions of administrative services provided by BMI to NB MAT. This comprehensive agreement ensures smooth operational management and effective handling of various administrative aspects between the trust and the management company. Let's delve deeper into the intricacies of the Indiana Administration Agreement and uncover any potential variations among different types of such agreements. 1. Understanding the Purpose of the Indiana Administration Agreement: The Indiana Administration Agreement between NB MAT and BMI establishes a framework for the provision of administrative support services by the management company to the trust. Such services may encompass a wide range of functions, including but not limited to fund accounting, investor services, financial reporting, compliance, and risk management. 2. Key Provisions: a) Responsibilities of BMI and NB MAT: The agreement defines the specific tasks and obligations of both parties involved. This includes detailing the various administrative services to be performed by BMI and the corresponding responsibilities of NB MAT in supporting the management company. b) Fee Structure and Compensation: The agreement outlines the payment terms, fee structure, and compensation arrangements between NB MAT and BMI for the administration services rendered. The agreement may specify whether the fees are fixed, based on assets under management, or subject to negotiation. c) Term and Termination: The agreement specifies the initial term of the agreement, any renewal provisions, and the termination conditions, which may include events such as non-compliance, breach of contract, or mutual agreement. d) Confidentiality and Data Privacy: The agreement ensures the protection and confidentiality of sensitive information shared between the parties, including client data, proprietary systems, trade secrets, and intellectual property rights. 3. Potential Variations: While the specifics of the Indiana Administration Agreement may vary depending on certain factors, such as the nature of the trust and the management company involved, some potential variations can arise. These may include: a) Fund-Specific Agreement: In cases where the BMI provides services to specific investment funds managed by NB MAT, a fund-specific Indiana Administration Agreement may be drafted. This agreement would outline the administrative services specific to that particular fund. b) Master Agreement with Ancillary Agreements: In more complex arrangements, there could be a master agreement, encompassing general terms and conditions applicable to all funds, supplemented by ancillary agreements catering to each individual fund's unique requirements. c) Amendments and Addendums: Over time, the Indiana Administration Agreement may be subject to amendments or addendums to accommodate changes in regulatory requirements, business needs, or modifications to the relationship between NB MAT and BMI. Conclusion: The Indiana Administration Agreement is a crucial document that governs the administrative relationship between Berger and Berman Advisers Management Trust and Berger and Berman Management Inc. By outlining the responsibilities, fees, term, and other crucial provisions, this agreement helps establish a strong foundation for the effective administration of investment funds. Understanding the nuances of this agreement, which may vary depending on specific circumstances, enables both parties to foster a successful and sustainable administrative partnership.

Title: Unveiling the Indiana Administration Agreement: Berger and Berman Advisers Management Trust and Berger and Berman Management Inc Introduction: The Indiana Administration Agreement between Berger and Berman Advisers Management Trust (NB MAT) and Berger and Berman Management Inc (BMI) serves as a legally binding contract outlining the terms and conditions of administrative services provided by BMI to NB MAT. This comprehensive agreement ensures smooth operational management and effective handling of various administrative aspects between the trust and the management company. Let's delve deeper into the intricacies of the Indiana Administration Agreement and uncover any potential variations among different types of such agreements. 1. Understanding the Purpose of the Indiana Administration Agreement: The Indiana Administration Agreement between NB MAT and BMI establishes a framework for the provision of administrative support services by the management company to the trust. Such services may encompass a wide range of functions, including but not limited to fund accounting, investor services, financial reporting, compliance, and risk management. 2. Key Provisions: a) Responsibilities of BMI and NB MAT: The agreement defines the specific tasks and obligations of both parties involved. This includes detailing the various administrative services to be performed by BMI and the corresponding responsibilities of NB MAT in supporting the management company. b) Fee Structure and Compensation: The agreement outlines the payment terms, fee structure, and compensation arrangements between NB MAT and BMI for the administration services rendered. The agreement may specify whether the fees are fixed, based on assets under management, or subject to negotiation. c) Term and Termination: The agreement specifies the initial term of the agreement, any renewal provisions, and the termination conditions, which may include events such as non-compliance, breach of contract, or mutual agreement. d) Confidentiality and Data Privacy: The agreement ensures the protection and confidentiality of sensitive information shared between the parties, including client data, proprietary systems, trade secrets, and intellectual property rights. 3. Potential Variations: While the specifics of the Indiana Administration Agreement may vary depending on certain factors, such as the nature of the trust and the management company involved, some potential variations can arise. These may include: a) Fund-Specific Agreement: In cases where the BMI provides services to specific investment funds managed by NB MAT, a fund-specific Indiana Administration Agreement may be drafted. This agreement would outline the administrative services specific to that particular fund. b) Master Agreement with Ancillary Agreements: In more complex arrangements, there could be a master agreement, encompassing general terms and conditions applicable to all funds, supplemented by ancillary agreements catering to each individual fund's unique requirements. c) Amendments and Addendums: Over time, the Indiana Administration Agreement may be subject to amendments or addendums to accommodate changes in regulatory requirements, business needs, or modifications to the relationship between NB MAT and BMI. Conclusion: The Indiana Administration Agreement is a crucial document that governs the administrative relationship between Berger and Berman Advisers Management Trust and Berger and Berman Management Inc. By outlining the responsibilities, fees, term, and other crucial provisions, this agreement helps establish a strong foundation for the effective administration of investment funds. Understanding the nuances of this agreement, which may vary depending on specific circumstances, enables both parties to foster a successful and sustainable administrative partnership.