ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Agreement may be amended only if such amendment be approved either by action of the Board of Trustees of the Trust or at a meeting of the shareholders of the affected Portfolio or Portfolios by the affirmative vote of a majority of the outstanding shares of such Portfolio or Portfolios, and by a majority of the Trustees of the Trust who are not interested persons of the Trust or of Distributor by vote cast in person at a meeting called for the purpose of voting on such approval.
Appears in 2 contracts
Samples: Distribution Agreement (Mentor Institutional Trust), Distribution Agreement (Cash Resource Trust /Ma/)
ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Agreement may be amended only if such amendment be approved either by action of the Board of Trustees of the Trust or at a meeting of the shareholders of the affected Portfolio Fund or Portfolios Funds by the affirmative vote of a majority of the outstanding shares of such Portfolio Fund or PortfoliosFunds, and by a majority of the Trustees of the Trust who are not interested persons of the Trust or of Distributor PDI by vote cast in person at a meeting called for the purpose of voting on such approval.
Appears in 2 contracts
Samples: Distribution Agreement (Rs Investment Trust), Distribution Agreement (Robertson Stephens Investment Trust)
ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Agreement may be amended only if such amendment be approved either by action of the Board of Trustees of the Trust or at a meeting of the shareholders of the affected Portfolio or Portfolios Trust by the affirmative vote of a majority of the outstanding shares of such Portfolio or Portfoliosthe Trust, and by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of Distributor the Class II Plan or this Agreement by vote cast in person at a meeting called for the purpose of voting on such approval.
Appears in 1 contract
Samples: Distribution Agreement (Premier Vit)
ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Agreement may be amended only if such amendment be approved either by action of the Board of Trustees of the Trust or at a meeting of the shareholders of the affected Portfolio Fund or Portfolios Funds by the affirmative vote of a majority of the outstanding shares of such Portfolio Fund or PortfoliosFunds, and by a majority of the Trustees of the Trust who are not interested persons of the Trust or of Distributor Edgewood by vote cast in person at a meeting called for the purpose of voting on such approval.
Appears in 1 contract
Samples: Distribution Agreement (Robertson Stephens Investment Trust)
ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Agreement may be amended only if such amendment be approved either by action of the Board of Trustees of the Trust or at a meeting of the shareholders of the affected Portfolio or Portfolios by the affirmative vote of a majority of the outstanding shares of such Portfolio or Portfolios, and by a majority of the Trustees of the Trust who are not interested persons of the Trust or of Distributor Mentor Distributors by vote cast in person at a meeting called for the purpose of voting on such approval.
Appears in 1 contract
Samples: Distribution Agreement (Mentor Variable Investment Portfolios)
ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Agreement agreement may be amended only if such amendment be approved either by action of the Board of Trustees of the Trust or at a meeting of the shareholders of the affected Portfolio or Portfolios Trust by the affirmative vote of a majority of the outstanding shares of such Portfolio or Portfoliosthe Trust, and by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of Distributor the Distribution Plans or this Agreement by vote cast in person at a meeting called for the purpose of voting on such approval.
Appears in 1 contract
ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Agreement may be amended only if such amendment be approved either by action of the Board of Trustees of the Trust or at a meeting of the shareholders of the affected Portfolio or Portfolios by the affirmative vote of a majority of the outstanding shares of such Portfolio or Portfolios, and by a majority of the Trustees of the Trust who are not interested persons of the Trust or of Distributor BISYS by vote cast in person at a meeting called for the purpose of voting on such approval.
Appears in 1 contract
ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Agreement may be amended only if such amendment be approved either by action of the Board of Trustees of the Trust or at a meeting of the shareholders of the affected Portfolio or Portfolios Trust by the affirmative vote of a majority of the outstanding shares of such Portfolio or Portfoliosthe Trust, and by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of Distributor this Agreement by vote cast in person at a meeting called for the purpose of voting on such approval.
Appears in 1 contract
ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Agreement may be amended only if such amendment be approved either by action of the Board of Trustees of the Trust or at a meeting of the shareholders of the affected Portfolio or Portfolios Trust by the affirmative vote of a majority of the outstanding shares of such Portfolio or Portfoliosthe Trust, and by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of Distributor any Plan or this Agreement by vote cast in person at a meeting called for the purpose of voting on such approval.
Appears in 1 contract
Samples: Distribution Agreement (Premier Vit)