Common use of Control by Board of Directors Clause in Contracts

Control by Board of Directors. Any distribution activities undertaken by the Broker pursuant to this Agreement, as well as any other activities undertaken by the Broker on behalf of the Fund pursuant thereto, shall at all times be subject to any applicable directives of the Board of Directors of the Fund.

Appears in 5 contracts

Samples: Distribution Agreement (Manning & Napier Fund, Inc.), Distribution Agreement (Manning & Napier Fund, Inc.), Distribution Agreement (Exeter Fund Inc /Ny/)

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Control by Board of Directors. Any distribution activities undertaken ------------------------------ by the Broker pursuant to this Agreement, as well as any other activities undertaken by the Broker on behalf of the Fund pursuant thereto, shall at all times be subject to any applicable directives of the Board of Directors of the Fund.

Appears in 1 contract

Samples: Distribution Agreement (Exeter Fund Inc /Ny/)

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