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10.1. Delegation to Administrator

The Manager may appoint a person, firm or corporation to act as Administrator of the any Investment Compartment for the purpose of administering the affairs of the Investment Comartment and to perform such other duties upon such terms and conditions including the right to remuneration payable by the Investment Compartment as the Manager (with the agreement of the said Administrator) may from time to time determine. The appointment of the Administrator shall be in accordance with the requirements of CySEC.

The Manager herewith delegates the powers and responsibilities set out in article 6(1)(b) of the AIF Law to the Administrator as provided in the Supplement of each individual Investment Compartment.