The Collin Texas Administration Agreement is a legally binding document between Berger and Berman Advisers Management Trust and Berger and Berman Management Inc. It outlines the terms and conditions under which Berger and Berman Advisers Management Trust will provide administrative services to Berger and Berman Management Inc. This agreement ensures a smooth functioning of operations and facilitates effective communication between the two entities. Key components of the Collin Texas Administration Agreement include: 1. Scope of Services: This section describes the specific administrative services to be provided by Berger and Berman Advisers Management Trust, such as record keeping, reporting, compliance, and operational support. 2. Duration: The agreement outlines the initial duration of the administrative services and any protocols for renewal or termination. It ensures clarity regarding the timeframe for the collaboration between the parties involved. 3. Compensation: The Collin Texas Administration Agreement defines the compensation structure for the services provided by Berger and Berman Advisers Management Trust. It specifies the payment terms, frequency, and any additional expenses that may be reimbursed. 4. Confidentiality: To protect sensitive information, this section establishes procedures for maintaining the confidentiality of all data shared between the parties during the collaboration. It emphasizes the importance of safeguarding proprietary information and adherence to relevant legal regulations. 5. Indemnification: This section outlines the responsibilities of each party in the event of any legal claims or disputes arising during the execution of the administrative services specified in the agreement. It sets forth mechanisms for resolving conflicts and indemnifying any losses incurred. 6. Governing Law: The Collin Texas Administration Agreement identifies the governing law under which any disputes or legal issues will be resolved. It provides clarity and ensures consistency in legal procedures by specifying the relevant jurisdiction. Different types of Collin Texas Administration Agreements between Berger and Berman Advisers Management Trust and Berger and Berman Management Inc may include variations in service scope, duration, compensation terms, confidentiality clauses, or governing law. However, the basic purpose of these agreements remains the same: to establish a contractual framework for efficient and effective collaboration, ensuring the smooth administration of operations and adherence to compliance standards.