Amendment or Assignment of Agreement. Any amendment to this Agreement shall be in writing signed by the parties hereto; provided, that no such amendment shall be effective unless authorized by resolution of the Directors or (ii) by vote of a majority of the outstanding voting securities of the Company. This Agreement shall terminate automatically and immediately in the event of its assignment; provided, that with the consent of the Company, the Administrator may subcontract to another person any of its responsibilities with respect to the Company.
Appears in 13 contracts
Samples: Administration Agreement (Jackson Variable Series Trust), Administration Agreement (JNL Series Trust), Administration Agreement (Jackson Variable Series Trust)
Amendment or Assignment of Agreement. Any amendment to this Agreement shall be in writing signed by the parties hereto; provided, that no such amendment shall be effective unless authorized (i) by resolution of the Directors or Directors, (ii) by resolution of the Trustees of the Trust, including the vote or written consent of a majority of the Disinterested Trustees, and (iii) by vote of a majority of the outstanding voting securities of the Company. This Agreement shall terminate automatically and immediately in the event of its assignment; provided, that with the consent of the Company, the Administrator may subcontract to another person any of its responsibilities with respect to the Companyresponsibilities.
Appears in 4 contracts
Samples: Administration Agreement (Neuberger Berman ETF Trust), Administration Agreement (Neuberger Berman Alternative Funds), Administration Agreement (Neuberger Berman Alternative Funds)
Amendment or Assignment of Agreement. Any amendment to this Agreement shall be in writing signed by the parties hereto; providedPROVIDED, that no such amendment shall be effective unless authorized (i) by resolution of the Directors of the Company, including the vote or written consent of a majority of the Directors of the Company who are not parties to this Agreement or interested persons of either party hereto, and (ii) by vote of a majority of the outstanding voting securities of the CompanyCompany affected by such amendment as required by applicable law. This Agreement shall terminate automatically and immediately in the event of its assignment; provided, that with the consent of the Company, the Administrator may subcontract to another person any of its responsibilities with respect to the Company.
Appears in 1 contract
Samples: Investment Advisory Agreement (Northern Lights Variable Trust)
