Approval by Trustees. This Agreement will not take effect with respect to any Class of a Covered Fund until approved by a majority vote of (a) the full Board of Trustees of the Trust and (b) those Trustees who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plan or in this Agreement (the "Independent Trustees"), cast in person at a meeting called for the purpose of voting on this Agreement.
Appears in 5 contracts
Samples: Shareholder Servicing and Distribution Agreement (Ge Institutional Funds), Shareholder Servicing and Distribution Agreement (Ge Funds), Shareholder Servicing and Distribution Agreement (CDC MPT Funds)
Approval by Trustees. This Agreement will not take effect with respect to any Class of a the Covered Fund until approved by a majority vote of (a) the full Board of Trustees of the Trust and (b) those Trustees who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plan or in this Agreement (the "Independent Trustees"), cast in person at a meeting called for the purpose of voting on this Agreement.
Appears in 2 contracts
Samples: Shareholder Servicing and Distribution Agreement (Ge Funds), Shareholder Servicing and Distribution Agreement (Ge Funds)
Approval by Trustees. This Agreement will not take effect with respect to any Class of a Covered Fund until approved by a majority vote of (a) the full Board of Trustees of the Trust and (b) those Trustees who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plan or in this Agreement (the "“Independent Trustees"”), cast in person at a meeting called for the purpose of voting on this Agreement.
Appears in 2 contracts
Samples: Shareholder Servicing and Distribution Agreement (Ge Funds), Shareholder Servicing and Distribution Agreement (Ge Funds)
Approval by Trustees. This Agreement will not take effect with respect to any Class of a the Covered Fund until approved by a majority vote of (a) the full Board of Trustees of the Trust and (b) those Trustees who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plan or in this Agreement (the "“Independent Trustees"”), cast in person at a meeting called for the purpose of voting on this Agreement.
Appears in 1 contract
Samples: Shareholder Servicing and Distribution Agreement (Ge Funds)