Approval by Trustees. This Agreement will not take effect until approved by a majority vote of both (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: Distribution Related Services Agreement (Mitchell Hutchins Kidder Peabody Investment Trust Ii), Shareholder Servicing Agreement (Mitchell Hutchins Kidder Peabody Investment Trust Ii)
Approval by Trustees. This Agreement will not take effect until approved by a majority vote of both (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."Independent
Appears in 2 contracts
Samples: Shareholder Servicing Agreement (Mitchell Hutchins Kidder Peabody Investment Trust Iii), Shareholder Servicing Agreement (Mitchell Hutchins Kidder Peabody Investment Trust)
Approval by Trustees. This Agreement will not take effect until approved by a majority vote of both (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: Distribution Related Services Agreement (Mitchell Hutchins Kidder Peabody Investment Trust), Distribution Related Services Agreement (Mitchell Hutchins Kidder Peabody Investment Trust Iii)
Approval by Trustees. This Agreement will not take effect with respect to a Fund until approved by a majority vote of both (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
Approval by Trustees. This Agreement will not take effect until approved by a majority vote of both (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.Trust
Appears in 1 contract
Samples: Distribution Related Services Agreement (Mitchell Hutchins Kidder Peabody Investment Trust)