Common use of Conversion and Exchange Rights Clause in Contracts

Conversion and Exchange Rights. Subject to compliance with the requirements of the 1940 Act, the Trustees shall have the authority to provide that holders of Shares of any Series or Class shall have the right to convert said Shares into, or exchange said Shares for, Shares of one or more other Series or Classes of the Trust or one or more other investment companies set forth in the Prospectus with respect to such Series or Class, and that Shares of any Class of any Series shall be automatically converted into Shares of another Class of such Series, in each case in accordance with such requirements and procedures as the Trustees may establish.

Conversion and Exchange Rights. Subject to compliance with the ------------------------------ requirements of the 1940 Act, the Trustees shall have the authority to provide that holders of Shares of any Series or Class class of any Sub-Trust shall have the right to convert said such Shares into, or to exchange said such Shares for, Shares of one or more other Series or Classes of the Trust same or one or more other investment companies set forth in the Prospectus with respect to such Series Sub-Trusts or Class, and that Shares of any Class of any Series shall be automatically converted into Shares of another Class of such Series, in each case classes thereof in accordance with such requirements and procedures as may be established by the Trustees may establishTrustees.

Conversion and Exchange Rights. Subject to compliance with the requirements of the 1940 Act, the Trustees shall have the authority to provide that holders of Shares of any Series or Class shall have the right to convert said Shares into, or exchange said Shares for, into Shares of one or more other Series of Shares or Classes exchange said Shares for Shares of the Trust or one or more other investment companies set forth in Series of the Prospectus with respect to such Series or ClassTrust, and that Shares of any Class of any Series shall be automatically converted into Shares of another Class of such Series, in each case in accordance with such requirements and procedures as may be established by the Trustees may establishTrustees.

Conversion and Exchange Rights. Subject to compliance with the requirements of the 1940 Act, the Trustees shall have the authority to provide that holders of Shares of any Series or Class shall have the right to convert said Shares into, or exchange said Shares for, Shares of one or more other Series or Classes of the Trust or one or more other investment companies set forth in the Prospectus or Statement of Additional with respect to such Series or Class, and that Shares of any Class of any Series shall be automatically converted into Shares of another Class of such Series, in each case in accordance with such requirements and procedures as the Trustees may establish.