Taxes The System is exempt from state, federal, and local taxes. The System does not agree and will not be responsible for any taxes levied on Manager as a result of this Management Agreement. Governing Laws This Management Agreement shall be construed in accordance with and governed by the laws of the State of Indiana and suit, if any, must be brought in a state court of jurisdiction in the State of Indiana. Disputes Should any disputes arise with respect to this Management Agreement, Manager and the System agree to act immediately to resolve any such disputes. Time is of the essence in the resolution of disputes. Manager agrees that, the existence of a dispute notwithstanding, it will continue without delay to carry out all its responsibilities under this Management Agreement which are not affected by the dispute. Should Manager fail to continue without delay to perform its responsibilities under this Management Agreement in the accomplishment of all disputed work, any additional costs incurred by Manager or the System as a result of such failure to proceed shall be borne by Manager, and Manager shall make no claim against the State of Indiana for such costs. If Manager and the System cannot resolve a dispute, the parties may mutually agree to submit the dispute to arbitration for a determination, or otherwise the dispute shall be submitted to an Indiana court of competent jurisdiction. The System may withhold payments on items pending resolution of the dispute. The unintentional nonpayment by the System to Manager of up to three invoices not in dispute in accordance with the terms of this Management Agreement will not be cause for Manager to terminate this Management Agreement, and Manager may bring suit to collect without following the disputes procedure contained herein. Notices All notices, requests, demands, or communications required or desired to be given hereunder or under any law now or hereafter in effect shall be in writing. Such notices shall be deemed to have been given if delivered by facsimile with telephone confirmation of receipt, or by overnight courier, or if mailed by first class registered or certified mail, postage prepaid, and addressed as follows (or to such other address as Manager, Custodian, or the System from time to time may specify in writing to the others in accordance with this notice provision): Notices to the System shall be sent to: Mr. David Cooper, Chief Investment Officer Indiana Public Retirement System 1 North Capitol Ave, Suite 001
Taxes The System is exempt from state, federal, and local taxes. The System does not agree and will not be responsible for any taxes levied on Manager as a result of this Management Agreement. Governing Laws This Management Agreement shall be construed in accordance with and governed by the laws of the State of Indiana and suit, if any, must be brought in a state court of jurisdiction in the State of Indiana. Disputes Should any disputes arise with respect to this Management Agreement, Manager and the System agree to act immediately to resolve any such disputes. Time is of the essence in the resolution of disputes. Manager agrees that, the existence of a dispute notwithstanding, it will continue without delay to carry out all its responsibilities under this Management Agreement which are not affected by the dispute. Should Manager fail to continue without delay to perform its responsibilities under this Management Agreement in the accomplishment of all work, any additional costs incurred by Manager or the System as a result of such failure to proceed shall be borne by Manager, and Manager shall make no claim against the State of Indiana for such costs. If Manager and the System cannot resolve a dispute, the parties may mutually agree to submit the dispute to arbitration for a determination, or otherwise the dispute shall be submitted to an Indiana court of competent jurisdiction. The System may withhold payments on disputed items pending resolution of the dispute. The unintentional nonpayment by the System to Manager of up to three invoices not in dispute in accordance with the terms of this Management Agreement will not be cause for Manager to terminate this Management Agreement, and Manager may bring suit to collect without following the disputes procedure contained herein. Notices All notices, requests, demands, or communications required or desired to be given hereunder or under any law now or hereafter in effect shall be in writing. Such notices shall be deemed to have been given if delivered by facsimile with telephone confirmation of receipt, or by overnight courier, or if mailed by first class registered or certified mail, postage prepaid, and addressed as follows (or to such other address as Manager, Custodian, or the System from time to time may specify in writing to the others in accordance with this notice provision): Notices to the System shall be sent to: Mr. David Cooper, Chief Investment Officer Indiana Public Retirement System 1 North Capitol Ave, Suite 001