Common use of Continuance and Termination Clause in Contracts

Continuance and Termination. This Agreement will become effective as of the day and year first above written and will continue from year to year thereafter so long as such continuance is approved at least annually by the Trustees. This Agreement may be terminated by either party hereto at any time on not more than sixty (60) nor less than thirty (30) days’ prior notice thereof to the other party hereto. This Agreement may not be assigned or transferred by either party hereto to any third party and any such attempted assignment or transfer shall automatically act to terminate this Agreement. In the event of expiration or termination of this Agreement, GEAM shall transfer, or cause to be transferred, the assets allocated to GEAM, and such accounting and investment records as the Fund Trustees may request for continued operation of the Fund, to the person or persons designated by the Fund Trustees.