Common use of Death, Resignation or Removal of Signing Officer Clause in Contracts

Death, Resignation or Removal of Signing Officer. The Fund Transfer Agent will file promptly with DST written notice of any change in the officers authorized to sign stock certificates, written instructions or requests, together with two signature cards bearing the specimen signature of each newly authorized officer. In case any officer of a Fund or the Fund Transfer Agent who will have signed manually or whose facsimile signature will have been affixed to blank stock certificates will die, resign, or be removed prior to the issuance of such certificates, DST may issue or register such stock certificates as the stock certificates of such Fund notwithstanding such death, resignation, or removal, until specifically directed to the contrary by the Fund Transfer Agent in writing. In the absence of such direction, the Fund Transfer Agent will file promptly with DST such approval, adoption, or ratification as may be required by law.