Vermont Administration Agreement between Neuberger and Berman Advisers Management Trust and Neuberger and Berman Management Inc

• Category: Corporations - Public - Restructuring
• State: Multi-State
• Control #: US-CC-7-636
• Format: Word; Rich Text

Description

This sample form, a detailed Administration Agreement document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.

The Vermont Administration Agreement is a legal document that outlines the terms and conditions governing the relationship between Berger and Berman Advisers Management Trust and Berger and Berman Management Inc. This agreement encompasses various aspects of their partnership, providing a framework for the administration and management of assets. Key provisions within the Vermont Administration Agreement include: 1. Role and Responsibilities: The agreement delineates the specific roles and responsibilities of Berger and Berman Advisers Management Trust and Berger and Berman Management Inc. It clarifies the divisions of duties in accordance with each party's expertise and authority. 2. Asset Management: The agreement defines how the assets entrusted to Berger and Berman Advisers Management Trust will be managed and sets guidelines for investment strategies, risk management, and compliance procedures. It outlines the responsibilities of Berger and Berman Management Inc in overseeing and executing these strategies. 3. Reporting and Communication: This agreement establishes protocols for reporting and communication between the parties. It stipulates the frequency and format of financial and performance reports, ensuring transparency and accountability. 4. Fee Structure: The Vermont Administration Agreement includes details regarding the fee structure for the services provided by Berger and Berman Advisers Management Trust and Berger and Berman Management Inc. It outlines the basis for calculating fees, including any performance-based components, and specifies the payment schedule. 5. Termination and Amendment: The agreement addresses the circumstances under which either party can terminate the agreement and establishes the notice period required. It also outlines the procedures for amending the agreement if necessary, ensuring flexibility and adaptability. Different types of Vermont Administration Agreement between Berger and Berman Advisers Management Trust and Berger and Berman Management Inc may exist based on the specific nature of the partnership or the type of assets being administered. These variations might include: 1. Mutual Fund Administration Agreement: If the agreement pertains to the administration of a mutual fund, specific clauses and provisions related to regulatory compliance, investor services, and distribution may be included. 2. Alternative Investment Administration Agreement: In the case of alternative investment vehicles such as hedge funds or private equity funds, the agreement may include additional clauses addressing the unique characteristics and requirements of these types of assets. 3. Pension Plan Administration Agreement: If the agreement pertains to the administration and management of pension plans, it might encompass provisions related to plan design and structure, fiduciary responsibilities, and compliance with pension regulations. Overall, the Vermont Administration Agreement serves as a comprehensive framework for alignment and collaboration between Berger and Berman Advisers Management Trust and Berger and Berman Management Inc, streamlining the administration of assets and ensuring efficient management practices.