Clark Nevada Administration Agreement between Neuberger and Berman Advisers Management Trust and Neuberger and Berman Management Inc

• Category: Corporations - Public - Restructuring
• State: Multi-State
• County: Clark
• 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. The Clark Nevada Administration Agreement is a legally-binding document that outlines the terms and conditions of the relationship between Berger and Berman Advisers Management Trust (NB AMT) and Berger and Berman Management Inc (BMI). This agreement governs the administrative duties, responsibilities, and obligations associated with the management and operation of the Clark Nevada fund. The Clark Nevada Administration Agreement serves as a roadmap for the collaboration between NB AMT and BMI. It ensures that both entities understand their roles and responsibilities and have a clear understanding of how the fund's administration should be handled. Key provisions and clauses typically included in the Clark Nevada Administration Agreement include: 1. Administration Services: This section outlines the specific administrative services that BMI will provide on behalf of NB AMT. These services may include portfolio accounting, financial reporting, regulatory compliance, investor reporting, and fund accounting. 2. Fees and Expenses: The agreement discusses the compensation arrangement between NB AMT and BMI, including the management fees and expenses associated with administering the Clark Nevada fund. It provides a detailed breakdown of any additional fees or expenses that may be incurred during the course of administration. 3. Duration and Termination: This section outlines the duration of the agreement and the circumstances under which either party can terminate it. It may include provisions for termination upon notice, breach of contract, or other specified events. 4. Indemnification and Liability: The Clark Nevada Administration Agreement specifies the indemnification and liability provisions for both NB AMT and BMI. It clarifies the extent of each party's liability and establishes the parameters for indemnification in the event of losses, claims, or damages incurred during administration. 5. Confidentiality and Non-Disclosure: This section highlights the importance of maintaining the confidentiality of sensitive information exchanged between the parties. It establishes protocols for handling confidential data, trade secrets, and proprietary information. Different types of Clark Nevada Administration Agreements may exist based on the specific needs and requirements of the fund. These variations could include agreements tailored for different investment strategies, sectors, asset classes, or specific fund structures. In summary, the Clark Nevada Administration Agreement serves as a comprehensive document that sets forth the administrative framework for the management of the Clark Nevada fund. It encompasses various aspects such as services, compensation, termination, liability, confidentiality, and more, ensuring the smooth operation and compliance of the fund.

The Clark Nevada Administration Agreement is a legally-binding document that outlines the terms and conditions of the relationship between Berger and Berman Advisers Management Trust (NB AMT) and Berger and Berman Management Inc (BMI). This agreement governs the administrative duties, responsibilities, and obligations associated with the management and operation of the Clark Nevada fund. The Clark Nevada Administration Agreement serves as a roadmap for the collaboration between NB AMT and BMI. It ensures that both entities understand their roles and responsibilities and have a clear understanding of how the fund's administration should be handled. Key provisions and clauses typically included in the Clark Nevada Administration Agreement include: 1. Administration Services: This section outlines the specific administrative services that BMI will provide on behalf of NB AMT. These services may include portfolio accounting, financial reporting, regulatory compliance, investor reporting, and fund accounting. 2. Fees and Expenses: The agreement discusses the compensation arrangement between NB AMT and BMI, including the management fees and expenses associated with administering the Clark Nevada fund. It provides a detailed breakdown of any additional fees or expenses that may be incurred during the course of administration. 3. Duration and Termination: This section outlines the duration of the agreement and the circumstances under which either party can terminate it. It may include provisions for termination upon notice, breach of contract, or other specified events. 4. Indemnification and Liability: The Clark Nevada Administration Agreement specifies the indemnification and liability provisions for both NB AMT and BMI. It clarifies the extent of each party's liability and establishes the parameters for indemnification in the event of losses, claims, or damages incurred during administration. 5. Confidentiality and Non-Disclosure: This section highlights the importance of maintaining the confidentiality of sensitive information exchanged between the parties. It establishes protocols for handling confidential data, trade secrets, and proprietary information. Different types of Clark Nevada Administration Agreements may exist based on the specific needs and requirements of the fund. These variations could include agreements tailored for different investment strategies, sectors, asset classes, or specific fund structures. In summary, the Clark Nevada Administration Agreement serves as a comprehensive document that sets forth the administrative framework for the management of the Clark Nevada fund. It encompasses various aspects such as services, compensation, termination, liability, confidentiality, and more, ensuring the smooth operation and compliance of the fund.