Common use of CONTRACTUAL STATUS Clause in Contracts

CONTRACTUAL STATUS. Section 10.1 This Agreement shall be executed and become effective on the date first written above if approved by a vote of the Board of Directors, including an affirmative vote of a majority of the non-interested members of the Board, cast in person at a meeting called for the purpose of voting on such approval. It shall continue in effect for an indeterminate period, and is subject to termination on sixty (60) days notice by either party unless earlier terminated or amended by agreement among the parties. Compensation under this Agreement shall require approval by a majority vote of the Board of Directors of Fund, including an affirmative vote of the majority of the non-interested members of the Board cast in person at a meeting called for the purpose of voting such approval.

Appears in 3 contracts

Samples: Investors Series Shareholders Services Agreement (Delaware Group Limited Term Government Funds Inc), Cashiers Series Shareholders Services Agreement (Delaware Group Limited Term Government Funds Inc), Shareholders Services Agreement (Delaware Group Delaware Fund Inc)

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CONTRACTUAL STATUS. Section 10.1 This Agreement shall be executed and become effective on the date first written above if approved by a vote of the Board of DirectorsDirectors of the Fund, including an affirmative vote of a majority of the non-interested members of the Board, cast in person at a meeting called for the purpose of voting on such approval. It shall continue in effect for an indeterminate period, and is subject to termination on sixty (60) days notice by either party unless earlier terminated or amended by agreement among the parties. Compensation under this Agreement shall require approval by a majority vote of the Board of Directors of the Fund, including an affirmative vote of the majority of the non-non- interested members of the Board cast in person at a meeting called for the purpose of voting such approval.

Appears in 2 contracts

Samples: Series Shareholders Services Agreement (Delaware Group Global & International Funds Inc), Series Shareholders Services Agreement (Delaware Group Global & International Funds Inc)

CONTRACTUAL STATUS. Section 10.1 This Agreement shall be executed and become effective on the date first written above if approved by a vote of the Board of DirectorsDirectors of the Fund, including an affirmative vote of a majority of the non-interested members of the Board, cast in person at a meeting called for the purpose of voting on such approval. It shall continue in effect for an indeterminate period, and is subject to termination on sixty (60) days days' notice by either party unless earlier terminated or amended by agreement among the parties. Compensation under this Agreement shall require approval by a majority vote of the Board of Directors of the Fund, including an affirmative vote of the majority of the non-interested members of the Board cast in person at a meeting called for the purpose of voting on such approval.

Appears in 2 contracts

Samples: Shareholders Services Agreement (Delaware Pooled Trust Inc), Shareholders Services Agreement (Delaware Group Premium Fund Inc)

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CONTRACTUAL STATUS. Section 10.1 This Agreement shall be executed and become effective on the date first written above if approved by a vote of the Board of DirectorsTrustees, including an affirmative vote of a majority of the non-interested members of the Board, cast in person at a meeting called for the purpose of voting on such approval. It shall continue in effect for an indeterminate period, and is subject to termination on sixty (60) days notice by either party unless earlier terminated or amended by agreement among the parties. Compensation under this Agreement shall require approval by a majority vote of the Board of Directors Trustees of Fund, including an affirmative vote of the majority of the non-interested members of the Board cast in person at a meeting called for the purpose of voting such approval.

Appears in 1 contract

Samples: Pennsylvania Shareholders Services Agreement (DMC Tax Free Income Trust Pa)

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