The Travis Texas Sub-Advisory Agreement is a legal contract that outlines the specific details and terms of the relationship between Berger and Berman Management, Inc. (BMI) and their sub-advisory entity located in Travis, Texas. This agreement serves as the foundation on which BMI delegates certain investment management responsibilities to their Travis Texas sub-advisory team. The agreement encompasses various important aspects such as the rights, obligations, and responsibilities of both parties involved. It establishes the scope of services provided by the Travis Texas sub-advisory team and the compensation structure for these services. The agreement may also outline any performance benchmarks or targets to be achieved by the sub-advisory team. Furthermore, this agreement may address factors such as the duration of the sub-advisory relationship, the termination or resignation procedures, and any confidentiality or non-disclosure requirements. It also clarifies any potential conflicts of interest and how they should be managed. The agreement will typically be reviewed and signed by representatives from both BMI and the Travis Texas sub-advisory team. It is important to note that there may be different types of Travis Texas Sub-Advisory Agreements offered by BMI, depending on the specific investment strategies or services provided. These types may include equity-focused sub-advisory agreements, fixed-income-focused sub-advisory agreements, multi-asset class sub-advisory agreements, or alternative investment-focused sub-advisory agreements. Each type of agreement would cater to different investment needs and objectives. In summary, the Travis Texas Sub-Advisory Agreement of Berger and Berman Management, Inc. establishes the terms and conditions for the sub-advisory relationship between BMI and their Travis Texas sub-advisory team. It covers essential aspects such as services, compensation, confidentiality, conflicts of interest, and termination procedures. Different types of sub-advisory agreements may exist, depending on the investment strategies or services provided.