The Louisiana Sub-Advisory Agreement of Berger and Berman Management, Inc. is a legal document that outlines the terms and conditions between Berger and Berman Management, Inc. and their Louisiana-based sub-advisors. This agreement establishes a working relationship in which Berger and Berman Management, Inc. delegates certain investment management responsibilities to the sub-advisors in the state of Louisiana. The Louisiana Sub-Advisory Agreement governs the scope of services to be provided by the sub-advisors, such as investment advisory services, portfolio management, and research. It specifies the compensation structure, including fee arrangements, profit sharing, and any potential performance-based incentives for the sub-advisors. To ensure compliance with relevant laws and regulations, the Louisiana Sub-Advisory Agreement also includes provisions for risk management, compliance monitoring, and reporting. It outlines the responsibilities of both parties regarding the safeguarding of client assets, confidential information, and the disclosure of conflicts of interest. This agreement also addresses any potential termination or modification of the agreement and the procedures to be followed in such cases. While the Louisiana Sub-Advisory Agreement of Berger and Berman Management, Inc. does not typically have different types, it may include specific provisions tailored to different types of sub-advisory services or specialized segments of the investment industry. For example, there might be variations of this agreement for sub-advisors focused on equity markets, fixed income, alternative investments, or specific industry sectors. In summary, the Louisiana Sub-Advisory Agreement of Berger and Berman Management, Inc. is a legally binding document that establishes the relationship between Berger and Berman Management, Inc. and their sub-advisors in Louisiana. It details the terms and conditions of the agreement, including the scope of services, compensation structure, compliance responsibilities, and termination provisions.