Common use of Discretion to Appoint and Remove the Officer; Client Control of the Officer Clause in Contracts

Discretion to Appoint and Remove the Officer; Client Control of the Officer. The Board shall have the sole and absolute discretion to appoint, or to determine not to appoint or to terminate, the services of, any person made available by the Service Provider to serve as an Officer pursuant to Section 2(A). Notwithstanding any other provision of this Agreement or the Primary Agreement to the contrary, the Client acknowledges and agrees that such individuals, when acting as an Officer, are not employees or agents of Service Provider and Service Provider shall not be responsible for their actions or omissions in that capacity.

Appears in 2 contracts

Samples: Pfo Services Agreement (Allianz Variable Insurance Products Fund of Funds Trust), Pfo Services Agreement (Allianz Variable Insurance Products Trust)

AutoNDA by SimpleDocs

Discretion to Appoint and Remove the Officer; Client Control of the Officer. The Board shall have the sole and absolute discretion to appoint, or to determine not to appoint or to terminate, the services of, of any person made available by the Service Provider to serve as an the Officer pursuant to Section 2(A). Notwithstanding any other provision of this Agreement or the Primary Agreement to the contrary, the Client acknowledges and agrees that any such individualsindividual, when acting as an the Officer, are is not employees acting as an employee or agents agent of Service Provider Provider, and Service Provider shall not be responsible for their his or her actions or omissions in that capacityhis or her capacity as the Officer.

Appears in 2 contracts

Samples: Principal Financial Officer Agreement (Mirae Asset Discovery Funds), Principal Financial Officer Agreement (Mirae Asset Discovery Funds)

AutoNDA by SimpleDocs

Discretion to Appoint and Remove the Officer; Client Control of the Officer. The Board shall have the sole and absolute discretion to appoint, or to determine not to appoint or to terminate, the services of, any person made available by the Service Provider to serve as an Officer pursuant to Section 2(A). Notwithstanding any other provision of this Agreement or the Primary Agreement to the contrary, the Client acknowledges and agrees that such individuals, when acting as an Officer, are not employees or agents of Service Provider and Service Provider shall not be responsible for their actions or omissions in that capacityomissions.

Appears in 1 contract

Samples: Cco Agreement (Boston Trust & Walden Funds)

Time is Money Join Law Insider Premium to draft better contracts faster.