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 Fund or Funds by the affirmative vote of a majority of the outstanding shares of such Fund or Funds, and by a majority of the Trustees of the Trust who are not interested persons of the Trust or of 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 (Robertson Stephens Investment Trust), Distribution Agreement (Rs 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 Fund Portfolio or Funds Portfolios by the affirmative vote of a majority of the outstanding shares of such Fund Portfolio or FundsPortfolios, and by a majority of the Trustees of the Trust who are not interested persons of the Trust or of PDI 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 (Cash Resource Trust /Ma/), Distribution Agreement (Mentor Institutional 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 Fund Portfolio or Funds Portfolios by the affirmative vote of a majority of the outstanding shares of such Fund Portfolio or FundsPortfolios, and by a majority of the Trustees of the Trust who are not interested persons of the Trust or of PDI 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 Fund or Funds by the affirmative vote of a majority of the outstanding shares of such Fund or Funds, and by a majority of the Trustees of the Trust who are not interested persons of the Trust or of PDI 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 Fund or Funds Trust by the affirmative vote of a majority of the outstanding shares of such Fund or Fundsthe 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 PDI this Agreement by vote cast in person at a meeting called for the purpose of voting on such approval.
Appears in 1 contract
Samples: Cash Accumulation 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 Fund Portfolio or Funds Portfolios by the affirmative vote of a majority of the outstanding shares of such Fund Portfolio or FundsPortfolios, and by a majority of the Trustees of the Trust who are not interested persons of the Trust or of PDI 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 Fund or Funds Trust by the affirmative vote of a majority of the outstanding shares of such Fund or Fundsthe 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 PDI 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
Samples: Pimco Advisors Funds
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 Fund or Funds Trust by the affirmative vote of a majority of the outstanding shares of such Fund or Fundsthe 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 PDI 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 Fund or Funds Trust by the affirmative vote of a majority of the outstanding shares of such Fund or Fundsthe 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 PDI 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)