Title: Tennessee Management Agreement: A Comprehensive Overview of the Agreement between Advisers Managers Trust and Berger and Berman Management Inc. Keywords: Tennessee Management Agreement, Advisers Managers Trust, Berger and Berman Management Inc., detailed description, types Introduction: The Tennessee Management Agreement is a legal contract that outlines the terms and conditions of the business relationship between Advisers Managers Trust and Berger and Berman Management Inc. Both parties, engaged in the financial services industry, enter into this agreement to formalize their collaboration and establish mutual responsibilities and obligations. This article offers a detailed description of the Tennessee Management Agreement and its potential variations. I. Purpose and Scope: The primary objective of the Tennessee Management Agreement is to outline the specific services to be provided by Advisers Managers Trust and received by Berger and Berman Management Inc. These services may include investment management, financial planning, risk assessment, portfolio diversification, and other related activities within the financial realm. II. Responsibilities and Obligations: The agreement defines the respective responsibilities and obligations of both parties. It clarifies the roles of Advisers Managers Trust as the service provider and Berger and Berman Management Inc. as the client. This section also addresses the expected standards of diligence, fiduciary duty, and non-disclosure. III. Compensation and Payment Terms: The Tennessee Management Agreement stipulates the compensation structure for Advisers Managers Trust's services. It outlines the payment terms, fee schedules, and any additional expenses related to the provision of financial services. This section also includes any performance-based fees or profit-sharing arrangements, if applicable. IV. Duration and Termination: This segment of the agreement encompasses the length and renewal conditions of the contractual relationship. It may specify an initial term with automatic renewals or set a fixed duration. Additionally, the agreement may outline termination provisions, including causes for termination, notice periods, and post-termination obligations. V. Amendments and Governing Law: The Tennessee Management Agreement allows for potential amendments or modifications to the agreement, providing a framework for any changes that may arise during the course of the business relationship. Furthermore, it specifies the governing law that will govern the interpretation and enforcement of the agreement, generally adhering to Tennessee state laws. Types of Tennessee Management Agreements: 1. Standard Tennessee Management Agreement: This agreement is the most common type and covers the essential aspects of the business relationship between Advisers Managers Trust and Berger and Berman Management Inc., as described in the previous sections. 2. Customized Tennessee Management Agreement: In certain circumstances, the parties may require a customized agreement that addresses unique considerations or provisions specific to their particular business arrangement. This type of agreement allows for more flexibility and tailored terms based on the specific needs and requirements of the involved parties. Conclusion: The Tennessee Management Agreement between Advisers Managers Trust and Berger and Berman Management Inc. serves as a crucial document that establishes the foundation for their collaboration. By clearly defining the roles, responsibilities, compensation, and termination provisions, this agreement ensures a transparent and mutually beneficial relationship. Understanding the different types of Tennessee Management Agreements allows both parties to choose the most suitable arrangement based on their specific circumstances and interests.