Common use of CONTRACTUAL STATUS Clause in Contracts

CONTRACTUAL STATUS. This Agreement shall be executed and become effective as to a Company with regard to a Portfolio listed on Schedule A as of the date first written above if approved by a vote of such Company's Board of Directors or Trustees, including an affirmative vote of a majority of the non-interested members of the Board of such Company, 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 as to a Company on behalf of a Portfolio or DSC, as the case may be, on sixty (60) days notice by either that Company or DSC, unless earlier terminated or amended by agreement among the parties. A Company shall be permitted to terminate this Agreement as to a Portfolio on sixty (60) days notice to DSC. Compensation under this Agreement by a Portfolio shall require approval by a majority vote of the Board of Directors or Trustees of such Portfolio's Company, including an affirmative vote of the majority of the non-interested members of such Board cast in person at a meeting called for the purpose of voting such approval.

CONTRACTUAL STATUS. This Agreement shall be executed and become effective as to a Company with regard to a Portfolio listed on Schedule A as of the date first written above if approved by a vote of such Company's Board of Directors or Trustees, including an affirmative vote of a majority of the non-non- interested members of the Board of such Company, 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 as to a Company on behalf of a Portfolio or DSC, as the case may be, on sixty (60) days notice by either that Company or DSC, unless earlier terminated or amended by agreement among the parties. A Company shall be permitted to terminate this Agreement as to a Portfolio on sixty (60) days notice to DSC. Compensation under this Agreement by a Portfolio shall require approval by a majority vote of the Board of Directors or Trustees of such Portfolio's Company, including an affirmative vote of the majority of the non-interested members of such Board cast in person at a meeting called for the purpose of voting such approval.

CONTRACTUAL STATUS. Section 8.1 This Agreement shall be executed and become effective as to a Company with regard to a Portfolio listed on Schedule A as of the date first written above if approved by a vote of such Company's Board of Directors or Trustees, including an affirmative vote of a majority of the non-non- interested members of the Board of such Company, 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 as to a Company on behalf of a Portfolio or DSC, as the case may be, on sixty (60) days notice by either that Company or DSC, unless earlier terminated or amended by agreement among the parties. A Company shall be permitted to terminate this Agreement as to a Portfolio on sixty (60) days notice to DSC. Compensation under this Agreement by a Portfolio shall require approval by a majority vote of the Board of Directors or Trustees of such Portfolio's Company, including an affirmative vote of the majority of the non-interested members of such Board cast in person at a meeting called for the purpose of voting such approval.