Common use of Control by Board of Directors Clause in Contracts

Control by Board of Directors. Any investment program undertaken by the Advisor pursuant to this Agreement, as well as any other activities undertaken by the Advisor on behalf of the Fund, including, but not limited to, decisions to buy and sell securities for the Fund, broker-dealer selection, and negotiation of brokerage commission rates, shall at all times be subject to any directives of the Board of Directors of the Company.

Appears in 3 contracts

Samples: Investment Advisory Agreement (Dominion Funds Inc), Interim Investment Advisory Agreement (Dominion Funds Inc), Investment Advisory Agreement (Dominion Funds Inc)

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Control by Board of Directors. Any investment program undertaken by the Advisor pursuant to this Agreement, as well as any other activities undertaken by the Advisor on behalf of the FundFunds, including, but not limited to, decisions to buy and sell securities for the FundFunds, broker-dealer selection, and negotiation of brokerage commission rates, shall at all times be subject to any directives of the Board of Directors of the Company.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Dominion Funds Inc), Investment Advisory Agreement (Dominion Funds Inc)

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