The Virgin Islands Management Agreement between Advisers Managers Trust and Berger and Berman Management Inc. is a comprehensive and legally binding contract that outlines the terms and conditions of the partnership between the two entities in managing investment portfolios within the Virgin Islands. This agreement governs the relationship between Advisers Managers Trust (the "Trust") and Berger and Berman Management Inc. (the "Management Firm") and sets forth their respective roles, responsibilities, and obligations. Keywords: Virgin Islands, Management Agreement, Advisers Managers Trust, Berger and Berman Management Inc. The agreement encompasses various types of management agreements that can be customized to meet specific investment needs and objectives. Some common types include: 1. General Management Agreement: This is a broad agreement that covers the overall management of investment portfolios in the Virgin Islands. It establishes the Trust's authorization to appoint the Management Firm as its investment adviser, giving them the authority to manage assets, make investment decisions, and provide ongoing reporting and performance updates. 2. Joint Management Agreement: This type of agreement is entered into when both the Trust and the Management Firm wish to jointly manage a specific fund or investment vehicle. It outlines the responsibilities and contributions of each party, including decision-making processes, risk management strategies, and profit-sharing arrangements. 3. Outsourced Management Agreement: In certain cases, the Trust may opt to outsource all or a specific portion of its investment management functions to the Management Firm. This agreement defines the scope of outsourced services, fees, and performance benchmarks, ensuring that the Trust benefits from the Management Firm's expertise while maintaining control and oversight. 4. Sub-Advisory Management Agreement: This type of agreement is applicable when the Trust engages the Management Firm as a sub-advisor to assist in managing a portion of its investment portfolio. The agreement outlines the sub-advisory relationship, including accountability, reporting requirements, and compensation terms. Each type of agreement is designed to address unique circumstances and objectives of the Trust and the Management Firm. By customizing the terms and conditions within the framework of the Virgin Islands jurisdiction, these agreements ensure a mutually beneficial and legally compliant partnership. Please note that this description is purely fictional and is not based on an existing Virgin Islands Management Agreement between Advisers Managers Trust and Berger and Berman Management Inc.