Sample Investment Management Agreement Page 20

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Client Name
Date
Page 20
“foreign jurisdiction” means a country other than Canada or a political subdivision of a country
other than Canada;
“fully managed account” means an account of a client for which a person makes the investment
decisions if that person has full discretion to trade in securities for the account without requiring
the client’s express consent to a transaction;
“investment fund” means a mutual fund or a non-redeemable investment fund, and, for greater
certainty in British Columbia, includes an employee venture capital corporation and a venture
capital corporation;
“jurisdiction” means a province or territory of Canada except when used in the term foreign
jurisdiction;
“person” includes
(i)
an individual,
(ii)
a corporation,
(iii)
a partnership, trust, fund and an association, syndicate, organization or other organized
group of persons, whether incorporated or not, and
(iv)
an individual or other person in that person's capacity as a trustee, executor, administrator
or personal or other legal representative;
“related liabilities” means
(i)
liabilities incurred or assumed for the purpose of financing the acquisition or ownership
of financial assets, or
(ii)
liabilities that are secured by financial assets;
“Schedule III bank” means an authorized foreign bank named in Schedule III of the Bank Act
(Canada); and
“subsidiary” means an issuer that is controlled directly or indirectly by another issuer and
includes a subsidiary of that subsidiary.

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