Common use of Amendment and Termination of the Agreement Clause in Contracts

Amendment and Termination of the Agreement. This Agreement may only be amended upon written agreement of the parties. This Agreement will terminate automatically upon termination of (a) the Shareholder Servicing Plan applicable to the Fund in accordance with its terms, provided that all amounts due and payable to the Financial Intermediary as of the date of termination of the Shareholder Servicing Plan shall be paid in accordance with the provisions of this Agreement or (b) the Distribution Agreement by and between the Firm and the Fund. Either party to the Agreement may terminate the Agreement, without cause or penalty, by giving the other party at least thirty (30) days’ written notice of its intention to terminate.

Appears in 4 contracts

Samples: Shareholder Servicing Plan and Agreement (KKR Credit Opportunities Portfolio), Shareholder Servicing Plan and Agreement (KKR Credit Opportunities Portfolio), Shareholder Servicing Plan and Agreement (Entrust Multi-Strategy Fund)

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Amendment and Termination of the Agreement. This Agreement may only be amended upon written agreement of the parties. This Agreement will terminate automatically upon termination of (a) the Shareholder Servicing Plan applicable to the Fund Trust in accordance with its terms, provided that all amounts due and payable to the Financial Intermediary as of the date of termination of the Shareholder Servicing Plan shall be paid in accordance with the provisions of this Agreement or (b) the Distribution Agreement by and between the Firm and the FundTrust. Either party to the Agreement may terminate the Agreement, without cause or penalty, by giving the other party at least thirty (30) days’ written notice of its intention to terminate.

Appears in 2 contracts

Samples: Shareholder Servicing Plan and Agreement (KKR Series Trust), Shareholder Servicing Plan and Agreement (KKR Series Trust)

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