Common use of Compensation and Limitation of Liability of Trustees Clause in Contracts

Compensation and Limitation of Liability of Trustees. SECTION 1. COMPENSATION The non-interested Trustees as such shall be entitled to reasonable compensation from the Trust, and they may fix the amount of such compensation. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, legal, accounting, investment banking or other services and payment for the same by the Trust.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (American Century Investment Trust), Agreement and Declaration of Trust (American Century Government Income Trust), Agreement and Declaration of Trust (American Century Municipal Trust)

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Compensation and Limitation of Liability of Trustees. COMPENSATION SECTION 1. COMPENSATION The non-interested Trustees as such shall be entitled to reasonable compensation from the Trust, and ; they may fix the amount of such their compensation. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, legal, accounting, investment banking or other services and payment for the same by the Trust.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Premier Municipal Income Fund), Agreement and Declaration of Trust (Colonial Insured Municipal Fund), Agreement and Declaration of Trust (Colonial California Insured Municipal Fund)

Compensation and Limitation of Liability of Trustees. COMPENSATION SECTION 1. COMPENSATION 1 The non-interested Trustees as such shall be entitled to reasonable compensation from the Trust, and ; they may fix the amount of such their compensation. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, legal, accounting, investment banking banking, underwriting, brokerage or other services and payment for the same by the Trust.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Old Mutual/Claymore Long-Short Fund (f.k.a. Analytic Covered Call Plus Fund)), Agreement and Declaration of Trust (Old Mutual/Claymore Long-Short Fund (f.k.a. Analytic Covered Call Plus Fund)), Agreement and Declaration of Trust (Old Mutual/Claymore Global Long-Short Fund)

Compensation and Limitation of Liability of Trustees. COMPENSATION SECTION 1. COMPENSATION The non-interested Trustees as such shall be entitled to reasonable compensation from the Trust, and ; they may fix the amount of such their compensation. Nothing herein shall in any way prevent the employment of any Trustee for advisory, managementadministration, legal, accounting, investment banking or other services and payment for the same by the Trust.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Bishop Street Funds), Trust Agreement (Oak Associates Funds)

Compensation and Limitation of Liability of Trustees. SECTION 1. COMPENSATION Section 7.01 Compensation The non-interested Trustees as such shall be entitled to reasonable compensation from the Trust, and they may fix the amount of such compensationcompensation from time to time. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, legal, accounting, investment banking or other services and payment for the same by the Trust.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Sit Mutual Funds Trust)

Compensation and Limitation of Liability of Trustees. SECTION 1. COMPENSATION COMPENSATION A. The non-interested Trustees as such shall be entitled to reasonable compensation from the Trust, and ; they may fix the amount of such their compensation. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, legal, accounting, investment banking or other services and payment for the same by the Trust.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Empire Builder Tax Free Bond Fund)

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Compensation and Limitation of Liability of Trustees. COMPENSATION SECTION 1. COMPENSATION The non-interested Trustees as such shall be entitled to reasonable compensation from the Trust, and ; they may fix the amount of such their compensation. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, legal, accounting, investment banking or other services and payment for the same by the Trust.

Appears in 1 contract

Samples: Trust Agreement (Sei International Trust)

Compensation and Limitation of Liability of Trustees. Compensation ------------ SECTION 1. COMPENSATION The non-interested Trustees as such shall be entitled to reasonable compensation from the Trust, and ; they may fix the amount of such their compensation. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, legal, accounting, investment banking or other services and payment for the same by the Trust.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Colonial Investment Grade Municipal Trust)

Compensation and Limitation of Liability of Trustees. SECTION Compensation Section 1. COMPENSATION The non-interested Trustees as such shall be entitled to reasonable compensation from the Trust, and ; they may fix the amount of such their compensation. Nothing herein shall in any way prevent the Trust’s employment of any Trustee for advisory, management, legal, accounting, investment banking banking, underwriting, brokerage or other services and payment for the same by the Trust.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Baseline CRE Income Fund)

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