Travis Texas Management Agreement is a contractual agreement between Advisers Managers Trust and Berger and Berman Management Inc., two prominent entities in the financial industry. This agreement outlines the responsibilities, terms, and conditions agreed upon by both parties in their collaboration. The primary goal of the agreement is to establish a working relationship between Advisers Managers Trust and Berger and Berman Management Inc., allowing them to efficiently manage the assets and investments of their clients. It sets forth the guidelines for decision-making, investment strategies, reporting requirements, and fee structures. The Travis Texas Management Agreement encompasses various key aspects, including but not limited to: 1. Investment Management: This section outlines the responsibilities and authority of Berger and Berman Management Inc. to manage the investment portfolio on behalf of Advisers Managers Trust. It defines the investment objectives, risk tolerance, and strategies to be implemented. 2. Reporting and Review: The agreement specifies the reporting frequency and format for performance reviews and investment evaluations. It ensures transparency and accountability, allowing Advisers Managers Trust to monitor the progress and performance of their investments. 3. Fee Structure: The management agreement includes details regarding the compensation structure for Berger and Berman Management Inc. These may encompass management fees, performance-based fees, or a combination of both. The agreement also outlines any additional expenses that may be incurred and how they will be handled. 4. Termination and Transition: In the case of termination or expiration of the agreement, the process and responsibilities for transitioning the management of assets to another party are outlined. This includes providing sufficient notice and ensuring a smooth transition without any disruption to the clients' interests. It is important to note that while there may not be different types of Travis Texas Management Agreements between Advisers Managers Trust and Berger and Berman Management Inc., each agreement could be tailored specifically to meet the unique needs and circumstances of their clients. These customized agreements may have varying terms and conditions concerning investment objectives, risk tolerance, and fee structures. Overall, the Travis Texas Management Agreement serves as a crucial legal document that governs the relationship between Advisers Managers Trust and Berger and Berman Management Inc., ensuring effective management of assets and investments while safeguarding the interests of their clients.