Common use of Duration, Termination and Amendment Clause in Contracts

Duration, Termination and Amendment. (a) This Agreement shall be effective on the date set forth above, and unless terminated as provided herein, shall continue for two years from its effective date, and thereafter from year to year, provided such continuance is approved annually by the Sponsor. This Agreement may be terminated at any time, without the payment of any penalty, as to each individual Fund by the Sponsor or by the Distributor, on at least sixty (60) days’ prior written notice. (b) No provision of this Agreement may be changed, waived, discharged or terminated except by an instrument in writing signed by the party against which an enforcement of the change, waiver, discharge or termination is sought.

Duration, Termination and Amendment. (a) This Agreement shall be effective on the date set forth above, and unless terminated as provided herein, shall continue for two years from its effective date, and thereafter from year to year, provided such continuance is approved annually by the SponsorManaging Owner. This Agreement may be terminated at any time, without the payment of any penalty, as to each individual Fund by the Sponsor Managing Owner or by the Distributor, on at least sixty (60) days’ prior written notice. This Agreement shall automatically terminate without the payment of any penalty in the event of its assignment. (b) No provision of this Agreement may be changed, waived, discharged or terminated except by an instrument in writing signed by the party against which an enforcement of the change, waiver, discharge or termination is sought.

Duration, Termination and Amendment. (a) This Agreement shall be effective on the date set forth aboveJanuary 1, 2013, and unless terminated as provided herein, shall continue for two years one year from its effective date, and thereafter hereafter from year to year, provided such continuance is approved annually by the SponsorManaging Owner. This Agreement may be terminated at any time, without the payment of any penalty, as to each individual Fund by the Sponsor Managing Owner or by the Distributor, on at least sixty (60) days’ ' prior written notice. This Agreement shall automatically terminate without the payment of any penalty in the event of its assignment. (b) No provision of this Agreement may be changed, waived, discharged or terminated except by an instrument in writing signed by the party against which an enforcement of the change, waiver, discharge or termination is sought.

Duration, Termination and Amendment. (a) This Agreement shall be effective on the date set forth above, and unless terminated as provided herein, shall continue for two years from its effective date, and thereafter from year to year, provided such continuance is approved annually by the SponsorTrust. This Agreement may be terminated at any time, without the payment of any penalty, as to each individual Fund the Shares by the Sponsor or by the DistributorService Provider, on at least sixty (60) days’ days prior written noticenotice or the Trust. This Agreement shall automatically terminate without the payment of any penalty in the event of its assignment. (b) No provision of this Agreement may be changed, waived, discharged or terminated except by an instrument in writing signed by the party against which an enforcement of the change, waiver, discharge or termination is sought.

Duration, Termination and Amendment. (a) This Agreement shall be effective on the date set forth aboveOctober 29, 2014, and unless terminated as provided herein, shall continue for two years one year from its effective date, and thereafter hereafter from year to year, provided such continuance is approved annually by the SponsorManaging Owner. This Agreement may be terminated at any time, without the payment of any penalty, as to each individual Fund by the Sponsor Managing Owner or by the Distributor, on at least sixty (60) days’ prior written notice. This Agreement shall automatically terminate without the payment of any penalty in the event of its assignment. (b) No provision of this Agreement may be changed, waived, discharged or terminated except by an instrument in writing signed by the party against which an enforcement of the change, waiver, discharge or termination is sought.

Duration, Termination and Amendment. (a) This Agreement shall be effective on the date set forth aboveOctober 29, 2014, and unless terminated as provided herein, shall continue for two years one year from its effective date, and thereafter hereafter from year to year, provided such continuance is approved annually by the SponsorManaging Owner. This Agreement may be terminated at any time, without the payment of any penalty, as to each individual Fund by the Sponsor Managing Owner or by the Distributor, on at least sixty (60) days’ ' prior written notice. This Agreement shall automatically terminate without the payment of any penalty in the event of its assignment. (b) No provision of this Agreement may be changed, waived, discharged or terminated except by an instrument in writing signed by the party against which an enforcement of the change, waiver, discharge or termination is sought.