Common use of Duration or Termination Clause in Contracts

Duration or Termination. This Agreement shall become effective as of the date first written above and, unless sooner terminated as provided herein, shall continue until [December 31, 2021]. Thereafter, this Agreement will be extended with respect to each Fund for successive one-year periods ending on [December 31] of each year provided each such extension is specifically approved at least annually (a) by vote of a majority of those members of the Company’s Board of Directors who are not interested persons of any party to this Agreement, in the manner required by the 1940 Act and the rules, regulations and any exemptive relief thereunder, and (b) by the Company’s Board of Directors or by vote of a majority of the outstanding voting securities of such Fund. This Agreement may be terminated by the Company at any time with respect to any Fund, without the payment of any penalty, by vote of a majority of the entire Board of Directors of the Company or by a vote of a majority of the outstanding voting securities of such Fund on 60 days’ written notice to the Advisor, or by the Advisor at any time, without payment of penalty, on 90 days’ written notice to the Company. This Agreement will immediately terminate in the event of its assignment. As used in this Agreement, the terms “majority of the outstanding voting securities,” “interested persons” and “assignment” shall have the same meanings as such terms have in the 1940 Act.

Duration or Termination. This Agreement shall become effective as of the date first written above and, unless sooner terminated as provided herein, shall continue until [December October 31, 2021]2004. Thereafter, this Agreement will be extended with respect to each Fund for successive one-year periods ending on [December 31] October 31st of each year provided each such extension is specifically approved at least annually (a) by vote of a majority of those members of the Company’s Board of Directors Trustees who are not interested persons of any party to this Agreement, cast in person at a meeting called for the manner required by the 1940 Act and the rules, regulations and any exemptive relief thereunderpurpose of voting on such approval, and (b) by the Company’s Board of Directors Trustees or by vote of a majority of the outstanding voting securities of such Fund. This Agreement may be terminated by the Company at any time with respect to any Fund, without the payment of any penalty, by vote of a majority of the entire Board of Directors Trustees of the Company or by a vote of a majority of the outstanding voting securities of such Fund on 60 days’ written notice to the Advisor, or by the Advisor at any time, without payment of penalty, on 90 60 days’ written notice to the Company. This Agreement will immediately terminate in the event of its assignment. As used in this Agreement, the terms “majority of the outstanding voting securities,” “interested persons” and “assignment” shall have the same meanings as such terms have in the 1940 Act.

Duration or Termination. This Agreement shall become effective as of the date first written above and, unless sooner terminated as provided herein, shall continue until [December October 31, 2021]1996. Thereafter, this Agreement will be extended with respect to each a particular Fund for successive one-year periods ending on [December 31] October 31st of each year provided year, PROVIDED each such extension is specifically approved at least annually (a) by vote of a majority of those members of the Company’s 's Board of Directors Trustees who are not interested persons of any party to this Agreement, cast in person at a meeting called for the manner required by the 1940 Act and the rules, regulations and any exemptive relief thereunderpurpose of voting on such approval, and (b) by the Company’s 's Board of Directors Trustees or by vote of a majority of the outstanding voting securities of such Fund. This Agreement may be terminated by the Company at any time with respect to any Fund, without the payment of any penalty, by vote of a majority of the entire Board of Directors Trustees of the Company or by a vote of a majority of the outstanding voting securities of such Fund on 60 days’ ' written notice to the AdvisorManager, or by the Advisor Manager at any time, without the payment of penalty, on 90 60 days’ ' written notice to the Company. This Agreement will immediately terminate in the event of its assignment. As used in this Agreement, the terms “"majority of the outstanding voting securities,” “" "interested persons” " and “"assignment” " shall have the same meanings as such terms have in the 1940 Act.

Duration or Termination. This Agreement shall become effective as of the date first written above and, unless sooner terminated as provided herein, shall continue until [December October 31, 2021]2004. Thereafter, this Agreement will be extended with respect to each Fund for successive one-year periods ending on [December 31] October 31st of each year provided each such extension is specifically approved at least annually (a) by vote of a majority of those members of the Company’s 's Board of Directors Trustees who are not interested persons of any party to this Agreement, cast in person at a meeting called for the manner required by the 1940 Act and the rules, regulations and any exemptive relief thereunderpurpose of voting on such approval, and (b) by the Company’s 's Board of Directors Trustees or by vote of a majority of the outstanding voting securities of such Fund. This Agreement may be terminated by the Company at any time with respect to any Fund, without the payment of any penalty, by vote of a majority of the entire Board of Directors Trustees of the Company or by a vote of a majority of the outstanding voting securities of such Fund on 60 days’ ' written notice to the Advisor, or by the Advisor at any time, without payment of penalty, on 90 60 days’ ' written notice to the Company. This Agreement will immediately terminate in the event of its assignment. As used in this Agreement, the terms “"majority of the outstanding voting securities,” “" "interested persons” " and “"assignment” " shall have the same meanings as such terms have in the 1940 Act.

Duration or Termination. This Agreement shall become effective as of the date first written above and, unless sooner terminated as provided herein, shall continue until [December October 31, 2021]2000. Thereafter, this Agreement will be extended with respect to each Fund for successive one-year periods ending on [December 31] October 31st of each year provided PROVIDED each such extension is specifically approved at least annually (a) by vote of a majority of those members of the Company’s 's Board of Directors Trustees who are not interested persons of any party to this Agreement, cast in person at a meeting called for the manner required by the 1940 Act and the rules, regulations and any exemptive relief thereunderpurpose of voting on such approval, and (b) by the Company’s 's Board of Directors Trustees or by vote of a majority of the outstanding voting securities of such Fund. This Agreement may be terminated by the Company at any time with respect to any Fund, without the payment of any penalty, by vote of a majority of the entire Board of Directors Trustees of the Company or by a vote of a majority of the outstanding voting securities of such Fund on 60 days’ ' written notice to the Advisor, or by the Advisor at any time, without payment of penalty, on 90 60 days’ ' written notice to the Company. This Agreement will immediately terminate in the event of its assignment. As used in this Agreement, the terms “"majority of the outstanding voting securities,” “" "interested persons” " and “"assignment” " shall have the same meanings as such terms have in the 1940 Act.

Duration or Termination. This Agreement shall become effective as of the date first written above and, unless sooner terminated as provided herein, shall continue until [December 31, 2021]. Thereafter, this Agreement will be extended with respect to each Fund for successive one-year periods ending on [December 3131st] of each year provided each such extension is specifically approved at least annually (a) by vote of a majority of those members of the Company’s Board of Directors Trustees who are not interested persons of any party to this Agreement, Agreement in the manner required by the 1940 Act and the rules, regulations and any exemptive relief thereunder, and (b) by the Company’s Board of Directors Trustees or by vote of a majority of the outstanding voting securities of such Fund. This Agreement may be terminated by the Company at any time with respect to any Fund, without the payment of any penalty, by vote of a majority of the entire Board of Directors Trustees of the Company or by a vote of a majority of the outstanding voting securities of such Fund on 60 days’ written notice to the Advisor, or by the Advisor at any time, without payment of penalty, on 90 60 days’ written notice to the Company. This Agreement will immediately terminate in the event of its assignment. As used in this Agreement, the terms “majority of the outstanding voting securities,” “interested persons” and “assignment” shall have the same meanings as such terms have in the 1940 Act.

Duration or Termination. This Agreement shall become effective as of the date first written above and, unless sooner terminated as provided herein, shall continue until [December 31__________, 2021]1999. Thereafter, this Agreement will be extended with respect to each a particular Fund for successive one-year periods ending on [December 31] October 31st of each year year, provided each such extension is specifically approved at least annually (a) by vote of a majority of those members of the Company’s 's Board of Directors Trustees who are not interested persons of any party to this Agreement, cast in person at a meeting called for the manner required by the 1940 Act and the rules, regulations and any exemptive relief thereunderpurpose of voting on such approval, and (b) by the Company’s 's Board of Directors Trustees or by vote of a majority of the outstanding voting securities of such Fund. This Agreement may be terminated by the Company at any time with respect to any Fund, without the payment of any penalty, by vote of a majority of the entire Board of Directors Trustees of the Company or by a vote of a majority of the outstanding voting securities of such Fund on 60 days’ ' written notice to the AdvisorManager, or by the Advisor Manager at any time, without the payment of penalty, on 90 60 days’ ' written notice to the Company. This Agreement will immediately terminate in the event of its assignment. As used in this Agreement, the terms “"majority of the outstanding voting securities,” “" "interested persons” " and “"assignment” " shall have the same meanings as such terms have in the 1940 Act.

Duration or Termination. This Agreement shall become effective as of the date first written above and, unless sooner terminated as provided herein, shall continue until [December March 31, 2021]2004. Thereafter, this Agreement will be extended with respect to each Fund for successive one-year periods ending on [December 31] of March 31of each year provided each such extension is specifically approved at least annually (a) by vote of a majority of those members of the Company’s 's Board of Directors who are not interested persons of any party to this Agreement, cast in person at a meeting called for the manner required by the 1940 Act and the rules, regulations and any exemptive relief thereunderpurpose of voting on such approval, and (b) by the Company’s 's Board of Directors or by vote of a majority of the outstanding voting securities of such Fund. This Agreement may be terminated by the Company at any time with respect to any Fund, without the payment of any penalty, by vote of a majority of the entire Board of Directors of the Company or by a vote of a majority of the outstanding voting securities of such Fund on 60 days’ ' written notice to the Advisor, or by the Advisor at any time, without payment of penalty, on 90 days’ ' written notice to the Company. This Agreement will immediately terminate in the event of its assignment. As used in this Agreement, the terms “"majority of the outstanding voting securities,” “" "interested persons” " and “"assignment” " shall have the same meanings as such terms have in the 1940 Act.

Duration or Termination. This Agreement shall become effective as of the date first written above and, unless sooner terminated as provided herein, shall continue until [December 31February 28, 2021]2010. Thereafter, this Agreement will be extended with respect to each Fund for successive one-year periods ending on [December 31] February 28th of each year provided each such extension is specifically approved at least annually (a) by vote of a majority of those members of the Company’s 's Board of Directors Trustees who are not interested persons of any party to this Agreement, cast in person at a meeting called for the manner required by the 1940 Act and the rules, regulations and any exemptive relief thereunderpurpose of voting on such approval, and (b) by the Company’s 's Board of Directors Trustees or by vote of a majority of the outstanding voting securities of such Fund. This Agreement may be terminated by the Company at any time with respect to any Fund, without the payment of any penalty, by vote of a majority of the entire Board of Directors Trustees of the Company or by a vote of a majority of the outstanding voting securities of such Fund on 60 days’ ' written notice to the Advisor, or by the Advisor at any time, without payment of penalty, on 90 60 days’ ' written notice to the Company. This Agreement will immediately terminate in the event of its assignment. As used in this Agreement, the terms “majority '•majority of the outstanding voting securities,” “." "interested persons” " and “"'assignment” " shall have the same meanings as such terms have in the 1940 Act.

Duration or Termination. This Agreement shall become effective as of the date first written above and, unless sooner terminated as provided herein, shall continue until [December October 31, 2021]199_. Thereafter, this Agreement will be extended with respect to each a particular Fund for successive one-year periods ending on [December 31] October 31st of each year year, provided each such extension is specifically approved at least annually (a) by vote of a majority of those members of the Company’s 's Board of Directors Trustees who are not interested persons of any party to this Agreement, cast in person at a meeting called for the manner required by the 1940 Act and the rules, regulations and any exemptive relief thereunderpurpose of voting on such approval, and (b) by the Company’s 's Board of Directors Trustees or by vote of a majority of the outstanding voting securities of such Fund. This Agreement may be terminated by the Company at any time with respect to any Fund, without the payment of any penalty, by vote of a majority of the entire Board of Directors Trustees of the Company or by a vote of a majority of the outstanding voting securities of such Fund on 60 days’ ' written notice to the AdvisorAdviser, or by the Advisor Adviser at any time, without the payment of penalty, on 90 60 days’ ' written notice to the Company. This Agreement will immediately terminate in the event of its assignment. As used in this Agreement, the terms “"majority of the outstanding voting securities,” “" "interested persons” " and “"assignment” " shall have the same meanings as such terms have in the 1940 Act.

Duration or Termination. This Agreement shall become effective as of the date first written above and, unless sooner terminated as provided herein, shall continue until [December 31February 28, 2021]2008. Thereafter, this Agreement will be extended with respect to each Fund for successive one-year periods ending on [December 31] February 28th of each year provided each such extension is specifically approved at least annually (a) by vote of a majority of those members of the Company’s 's Board of Directors Trustees who are not interested persons of any party to this Agreement, cast in person at a meeting called for the manner required by the 1940 Act and the rules, regulations and any exemptive relief thereunderpurpose of voting on such approval, and (b) by the Company’s 's Board of Directors Trustees or by vote of a majority of the outstanding voting securities of such Fund. This Agreement may be terminated by the Company at any time with respect to any Fund, without the payment of any penalty, by vote of a majority of the entire Board of Directors Trustees of the Company or by a vote of a majority of the outstanding voting securities of such Fund on 60 days’ ' written notice to the Advisor, or by the Advisor at any time, without payment of penalty, on 90 60 days’ ' written notice to the Company. This Agreement will immediately terminate in the event of its assignment. As used in this Agreement, the terms “"majority of the outstanding voting securities,” “" "interested persons” " and “"assignment” " shall have the same meanings as such terms have in the 1940 Act.