Vermont Management Agreement between Advisers Managers Trust and Berger and Berman Management Inc. The Vermont Management Agreement between Advisers Managers Trust (AMT) and Berger and Berman Management Inc. (BMI) is a legally binding contract that establishes the terms and conditions of the relationship between the two entities in managing investment portfolios. This agreement outlines the roles and responsibilities of both parties, ensuring a transparent and efficient investment management process. The Vermont Management Agreement encompasses various types, each designed to meet specific investment objectives and cater to different client needs. These types may include: 1. Mutual Fund Management Agreement: This agreement governs the management of a mutual fund offered by AMT, where BMI acts as the investment manager. It outlines the investment strategy, guidelines, and decision-making processes to ensure the fund is managed in line with its stated objectives. Keywords: mutual fund, investment manager, investment strategy. 2. Separate Account Management Agreement: Under this agreement, AMT engages BMI to manage separate accounts on behalf of individual clients. The agreement outlines the investment objectives, guidelines, and terms specific to each client's portfolio. Keywords: separate account, individual clients, investment objectives. 3. Institutional Investment Management Agreement: This type of agreement is tailored to institutional clients, such as pension funds or endowments, seeking customized investment management solutions. The agreement defines the investment strategy, benchmarks, and reporting requirements specific to the institutional client's needs. Keywords: institutional clients, customized solutions, investment strategy. 4. Money Market Fund Management Agreement: This agreement covers the management of money market funds, focusing on short-term, low-risk investments. It establishes guidelines for the fund's portfolio composition, maturity, and credit quality requirements. Keywords: money market fund, short-term investments, low-risk. Regardless of the specific type, all Vermont Management Agreements between AMT and BMI typically include provisions related to investment advisory fees, termination procedures, limitations of liability, confidentiality of client information, and dispute resolution mechanisms. The agreements comply with applicable laws and regulations, ensuring compliance and transparency throughout the investment management process. Note: It is important to consult the actual agreements and seek professional advice before making any investment decisions.