Sub-Advisory Agreement of Neuberger and Berman Management, Inc.
Understanding this form
The Sub-Advisory Agreement is a legal document used primarily in the investment management sector. It establishes the terms under which one party provides investment advice and recommendations to another party, in this case, Neuberger Berman Management, Inc. This agreement is crucial for outlining the responsibilities, compensation, and termination conditions between the involved parties, differentiating it from other investment contracts.
Form components explained
- Parties involved: Identifies the parties entering into the agreement.
- Scope of services: Details the investment research and recommendations provided.
- Compensation: Describes how the service provider will be paid for their services.
- Liability: Outlines limits on liability for the service provider under specific conditions.
- Termination clauses: Explains how and when the agreement can be terminated.
- Amendments: Conditions under which the agreement can be modified, including updates to Schedule A.
Common use cases
This form should be used when a firm wishes to engage another entity to provide investment advisory services. It is essential in scenarios where asset management firms are looking to collaborate with specialized advisors for specific investment strategies or series of funds. You might also use this form to clarify the responsibilities and compensation between parties to avoid potential disputes later on.
Who this form is for
This agreement is primarily intended for:
- Investment management firms seeking to engage sub-advisors for their funds.
- Financial advisors providing specialized investment recommendations.
- Trustees or managers of investment trusts looking for advisory partnerships.
How to prepare this document
- Identify the parties by including their full names and addresses.
- Specify the scope of investment advisory services to be provided.
- Detail the compensation structure, including any direct and indirect costs involved.
- Review termination conditions and indicate any specific notice periods required.
- Make any necessary amendments to Schedule A to reflect the investment series involved.
- Ensure both parties sign and date the agreement to make it legally binding.
Notarization requirements for this form
This form does not typically require notarization unless specified by local law. However, it's advisable to consult with a legal professional to confirm any jurisdiction-specific requirements.
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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 to avoid
- Failing to clearly define the services provided can lead to misunderstandings.
- Not specifying the compensation structure, which may cause disputes later.
- Overlooking the termination conditions could result in unintended obligations.
Why use this form online
- Ease of access: Downloadable templates streamline the process.
- Editability: Forms can be customized to fit specific needs.
- Legal reliability: Forms are prepared by licensed attorneys, ensuring compliance with applicable laws.
