Common use of Compensation Deferral Elections Clause in Contracts

Compensation Deferral Elections. (a) The Trustee may elect, on the form described in Section 2.1 hereof, to defer the receipt of all or a portion of the Compensation for such Deferral Year. Such writing shall set forth the amount of such Compensation Deferral (in whole percentage amounts). Such election shall continue in effect for all subsequent Deferral Years unless it is canceled or modified as provided below.

Appears in 2 contracts

Samples: Compensation Agreement (Van Kampen Equity Trust Ii), Compensation Agreement (Van Kampen Retirement Strategy Trust)

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Compensation Deferral Elections. (a) The Trustee may elect, on the form described in Section 2.1 hereof, to defer the receipt of all or a portion of the Compensation for such Deferral Year. .Such writing shall set forth the amount of such Compensation Deferral (in whole percentage amounts). Such election shall continue in effect for all subsequent Deferral Years unless it is canceled or modified as provided below.

Appears in 2 contracts

Samples: Compensation Agreement (Van Kampen Harbor Fund), Van Kampen Tax Exempt Trust

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Compensation Deferral Elections. (a) The On or prior to the first day of any Deferral Year, the Trustee may elect, on the form described in Section 2.1 hereof, to defer the receipt of all or a portion part of the Compensation he or she receives from the Trust for such Deferral Year. Such writing shall set forth the amount of such Compensation Deferral (in whole percentage amounts). Such election shall continue in effect for all subsequent Deferral Years unless it is canceled or modified as provided below.

Appears in 1 contract

Samples: Compensation Agreement (Deutsche Asset Management)

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