DURATION, TERMINATION AND AMENDMENT OF THIS AGREEMENT. This Agreement shall become effective on the date it shall be approved by a vote of the Board of Trustees of the Fund and of a majority of the disinterested Trustees, and shall, unless terminated as hereinafter provided, continue in effect for a period of more than one (1) year from such date so long as such continuance is specifically approved at least annually by a vote of the Board of Trustees of the Fund and of a majority of the disinterested Trustees or by vote of a majority of the outstanding voting securities of the Class C shares of each Portfolio. This Agreement may be terminated by a Portfolio at any time or by the Distributor on sixty (60) days' written notice to the Portfolio. No provisions of this Agreement may be changed, waived, discharged, or terminated orally, but only by an instrument in writing signed by the party against which enforcement of the change, waiver, discharge or termination is sought and approved by a majority of the disinterested Trustees.
Appears in 2 contracts
Samples: Distribution Agreement (American Tiger Funds), Distribution Agreement (Navellier Millennium Funds)
DURATION, TERMINATION AND AMENDMENT OF THIS AGREEMENT. This Agreement shall become effective on the date it shall be approved by a vote of the Board of Trustees of the Fund and of a majority of the disinterested Trustees, and shall, unless terminated as hereinafter provided, continue in effect for a period of more than one (1) year from such date so long as such continuance is specifically approved at least annually by a vote of the Board of Trustees of the Fund and of a majority of the disinterested Trustees or by vote of a majority of the outstanding voting securities of the Class C A shares of each Portfolio. This Agreement may be terminated by a Portfolio at any time or by the Distributor on sixty (60) days' written notice to the Portfolio. No provisions of this Agreement may be changed, waived, discharged, or terminated orally, but only by an instrument in writing signed by the party against which enforcement of the change, waiver, discharge or termination is sought and approved by a majority of the disinterested Trustees.
Appears in 2 contracts
Samples: Distribution Agreement (American Tiger Funds), Distribution Agreement (Navellier Millennium Funds)
DURATION, TERMINATION AND AMENDMENT OF THIS AGREEMENT. This Agreement shall become effective on the date it shall be approved by a vote of the Board of Trustees of the Fund and of a majority of the disinterested Trustees, and shall, unless terminated as hereinafter provided, continue in effect for a period of more than one (1) year from such date so long as such continuance is specifically approved at least annually by a vote of the Board of Trustees of the Fund and of a majority of the disinterested Trustees or by vote of a majority of the outstanding voting securities of the Class C shares of each the Portfolio. This Agreement may be terminated by a the Portfolio at any time or by the Distributor on sixty (60) days' written notice to the Portfolio. No provisions of this Agreement may be changed, waived, discharged, or terminated orally, but only by an instrument in writing signed by the party against which enforcement of the change, waiver, discharge or termination is sought and approved by a majority of the disinterested Trustees.
Appears in 1 contract
DURATION, TERMINATION AND AMENDMENT OF THIS AGREEMENT. This Agreement shall become effective on the date it shall be approved by a vote of the Board of Trustees of the Fund and of a majority of the disinterested Trustees, and shall, unless terminated as hereinafter provided, continue in effect for a period of more than one (1) year from such date so long as such continuance is specifically approved at least annually by a vote of the Board of Trustees of the Fund and of a majority of the disinterested Trustees or by vote of a majority of the outstanding voting securities of the Class C A shares of each the Portfolio. This Agreement may be terminated by a the Portfolio at any time or by the Distributor on sixty (60) days' written notice to the Portfolio. No provisions of this Agreement may be changed, waived, discharged, or terminated orally, but only by an instrument in writing signed by the party against which enforcement of the change, waiver, discharge or termination is sought and approved by a majority of the disinterested Trustees.
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