Administration Agreement between Neuberger and Berman Advisers Management Trust and Neuberger and Berman Management Inc
Overview of this form
The Administration Agreement between Neuberger and Berman Advisers Management Trust and Neuberger and Berman Management Inc is a legal document used to outline the administrative services to be provided by the Administrator in managing various investment portfolios. This form is specifically designed for investment companies to ensure compliance with the Investment Company Act of 1940 and to clarify the responsibilities of both the Trust and the Administrator. Unlike generic administrative agreements, this document is tailored to the unique needs of investment portfolios, detailing the scope of administrative services and the associated fees.
Key parts of this document
- Details on the administrative services provided by the Administrator, including office space, personnel, and record maintenance.
- Outlines expenses to be borne by each Portfolio and those covered by the Administrator.
- Specifications regarding the administration fee calculation and payment schedule.
- Indemnification clauses for both the Administrator and Portfolios to manage liability risks.
- Termination provisions for the Agreement, including notice requirements.
- Confidentiality obligations to protect sensitive information related to the Portfolios.
When to use this form
This Administration Agreement should be utilized when establishing a formal agreement between a management trust and an administrator for the provision of administrative services. It is essential when managing multiple portfolios or separate series of shares, ensuring clarity in operations and compliance with relevant laws. This form is appropriate at the inception of a trust's operation or when adding new portfolios to an existing trust structure.
Who needs this form
- Investment companies looking to define the role of an administrator.
- Trustees and officers of investment trusts needing a structured agreement for administrative services.
- Legal professionals who are drafting agreements for asset management trusts.
- Financial institutions aiming to establish clarity in portfolio management agreements.
Completing this form step by step
- Identify the parties involved, including the full names of the Trust and the Administrator.
- Specify the portfolios covered under this Agreement in Schedule A.
- Detail the administrative services to be provided by the Administrator.
- Enter the appropriate fee structure in Schedule B.
- Ensure signatures are obtained from authorized representatives of both parties to validate the Agreement.
Does this document require notarization?
Notarization is not commonly needed for this form. However, certain documents or local rules may make it necessary. Our notarization service, powered by Notarize, allows you to finalize it securely online anytime, day or night.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes
- Not specifying all portfolios that the agreement covers.
- Failing to sign the document by duly authorized representatives.
- Leaving out critical details regarding the calculation of administration fees.
- Neglecting to review legal requirements related to jurisdiction before finalizing the Agreement.
Advantages of online completion
- Convenience of instant download and access from any location.
- Editability allows for customization to fit specific portfolio requirements.
- Reliability of having a professionally drafted document vetted by licensed attorneys.
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FAQ
What is a Publishing Deal? In general terms, a typical publishing deal involves the assignment of some part of the ownership of your songs to a publishing company in exchange for a share of the royalties received by the publisher for exploitation of the songs.
A partnership deal in which a songwriter contracts with a publishing administrator. In this arrangement, the songwriter keeps 100 percent ownership of the copyright and pays an administrative fee to the publisher/administrator.
We don't yet offer admin publishing services. However, many DistroKid artists use SongTrust for publishing admin, and we love it! We're working on a publishing admin system for artists.
It's a type of publishing deal. They focus solely on administrative duties, such as properly registering your songs with global societies and collecting royalties on your behalf. Administration deals occasionally include an advance as well, but it must be recouped in the same manner as any publishing deal.
What Is Publishing Administration? It's the act of making sure compositions are collecting all of the royalties they are entitled to, plus accounting (and payment of those royalties) to the songwriter or publisher.
Administration Agreements An administration deal is one of the more straight-forward relationships within the music publishing world. In this type of arrangement, the songwriter does not assign any of their publishing or ownership rights in their compositions to a music publisher or any other third-party.
A music publisher's role is to make deals with songwriters, promote the songs their songwriters compose to musicians and anyone else who may need a song for advertising, a movie, a promotional campaign, etc., issue licenses for the use of the songs they represent, and collect licensing fees.
A partnership deal in which a songwriter contracts with a publishing administrator. In this arrangement, the songwriter keeps 100 percent ownership of the copyright and pays an administrative fee to the publisher/administrator.
A co-publishing deal is what its name implies you share the publishing with someone else (whether an individual or a company). You as the songwriter typically assign 50% of your publishing share over to this other entity in exchange (usually) for money.
