Ohio Sub-Advisory Agreement between Touchstone Advisors, Inc. and Opcap Advisors

• Category: Corporations - Public - Advisory
• State: Multi-State
• Control #: US-EG-9141
• Format: Word; Rich Text

Description

Sub-Advisory Agreement between Touchstone Advisors, Inc. and Opcap Advisors dated January 1, 1999. 8 pages

A sub-advisory agreement is a legal contract entered into between Touchstone Advisors, Inc. (the "Advisor") and OPCA Advisors (the "Sub-Adviser"), where the Sub-Adviser is given authority to manage a portion of the assets or provide specific services on behalf of the Advisor. This agreement outlines the terms and conditions under which the Sub-Adviser will operate within Ohio. The Ohio Sub-Advisory Agreement between Touchstone Advisors, Inc. and OPCA Advisors encompasses various key aspects to ensure a comprehensive understanding of the relationship and responsibilities between the parties involved. It covers the following vital elements: 1. Parties: The agreement explicitly identifies and legally binds Touchstone Advisors, Inc. as the Advisor and OPCA Advisors as the Sub-Adviser. 2. Scope of Services: The agreement outlines the specific functions, services, and responsibilities that the Sub-Adviser will undertake on behalf of Touchstone Advisors, Inc. within the state of Ohio. This may include investment management, asset allocation, research, and reporting, among others. 3. Compensation: The agreement clearly defines the compensation structure for the Sub-Adviser's services, such as management fees, performance fees, or any other applicable charges, with agreed-upon rates or formulas. 4. Standards of Conduct: It is necessary to establish the Sub-Adviser's obligation to meet all regulatory requirements, laws, and ethical standards while operating in Ohio. This provision ensures compliance with applicable securities laws and investor protection regulations. 5. Termination and Transition: The agreement outlines the specific circumstances and procedures for terminating the agreement, including provisions for notice periods, required actions, and any costs associated with termination. Additionally, it addresses the transition process for any transfers of assets or duties to another party, if applicable. 6. Indemnification and Liability: This section establishes the responsibilities and liabilities of both the Advisor and the Sub-Adviser. It may include provisions related to indemnification, dispute resolution, and insurance coverage for any potential claims or losses incurred during the agreement's duration. 7. Confidentiality: As with any financial agreement, confidentiality clauses are included to protect proprietary and sensitive information shared between the Advisor and the Sub-Adviser throughout the course of their relationship. While there may be unique variations or modifications tailored to specific agreements, the above components are typically found in Ohio Sub-Advisory Agreements between Touchstone Advisors, Inc. and OPCA Advisors. These agreements can be customized to suit different investment strategies, types of clients, or specific services provided.