Common use of Duration, Termination and Amendments Clause in Contracts

Duration, Termination and Amendments. This Agreement shall become effective as of the date first written above and shall continue in effect thereafter for two years. This Agreement shall continue in effect from year to year thereafter with respect to each Portfolio for so long as its continuance is specifically approved, at least annually, by: (i) a majority of the Board of Trustees or the vote of the holders of a majority of each respective Portfolio’s outstanding voting securities; and (ii) the affirmative vote, cast in person at a meeting called for the purpose of voting on such continuance, of a majority of those members of the Board of Trustees (“Independent Trustees”) who are not “interested persons” of the Trust or any investment adviser to the Trust. This Agreement may be terminated by the Portfolio Manager with respect to any Portfolio at any time and without penalty upon thirty days written notice to the other party, which notice may be waived by the party entitled to it. This Agreement may be terminated by the Trust with respect to any Portfolio at any time and without penalty upon sixty days written notice to the other party, which notice may be waived by the party entitled to it. This Agreement may not be amended except by an instrument in writing and signed by the party to be bound thereby provided that if the Investment Company Act requires that such amendment be approved by the vote of the Board, the Independent Trustees and/or the holders of the Trust’s or the Portfolio’s outstanding shareholders, such approval must be obtained before any such amendment may become effective. This Agreement shall terminate upon its assignment. For purposes of this Agreement, the terms “majority of the outstanding voting securities,” “assignment” and “interested person” shall have the meanings set forth in the Investment Company Act.

Duration, Termination and Amendments. (a) This Agreement shall become effective as of the date first written above on which it shall be approved by the shareholders of the Portfolio in the manner contemplated by Section 15(a) of the 1940 Act and shall continue in effect thereafter until for a period of two yearsyears from that date. This Agreement shall continue in effect from year to year thereafter with respect to each Portfolio for so long as its continuance is specifically approved, at least annually, by: by (i) a majority of the Board of Trustees or the vote of the holders of a majority of each respective the Portfolio’s 's outstanding voting securities; and (ii) the affirmative vote, cast in person at a meeting called for the purpose of voting on such continuance, of a majority of those members of the Board of Trustees (“"Independent Trustees”") who are not “"interested persons” " of the Trust or any investment adviser to the Trust. This Agreement may be terminated by the Portfolio Manager with respect to any Portfolio at any time and without penalty upon thirty days written notice to the other party, which notice may be waived by the party entitled to it. . (b) This Agreement may be terminated by the Trust with respect to any or by Portfolio Manager at any time and without penalty upon sixty days written notice to the other party, which notice may be waived by the party entitled to it. This Agreement may not be amended except by an instrument in writing and signed by the party to be bound thereby provided that if the Investment Company Act requires that such amendment be approved by the vote of the Board, the Independent Trustees and/or the holders of the Trust’s 's or the Portfolio’s 's outstanding shareholders, such approval must be obtained before any such amendment may become effective. This Agreement shall terminate upon its assignment. For purposes of this Agreement, the terms “"majority of the outstanding voting securities,” “, "assignment” " and “"interested person” " shall have the meanings set forth in the Investment Company Act.

Duration, Termination and Amendments. (a) This Agreement shall become effective as of the date first written above and shall continue in effect thereafter for two years. This Thereafter, this Agreement shall continue in effect from year to year thereafter with respect to each Portfolio for so long as its continuance is specifically approved, approved at least annually, by: annually by (i) a majority of the Board of Trustees or the vote of the holders of a majority of each respective Portfoliothe Trust’s outstanding voting securities; and (ii) the affirmative vote, cast in person at a meeting called for the purpose of voting on such continuanceapproval, of a majority of those members of the Board of Trustees (“Independent Trustees”. (b) who are not “interested persons” of the Trust or any investment adviser to the Trust. This Agreement may be terminated by the Portfolio Manager with respect to any Portfolio at any time and without penalty upon thirty days written notice to the other party, which notice may be waived by the party entitled to it. This Agreement may be terminated by the Trust with respect to any Portfolio or by Primary Adviser at any time and without penalty upon sixty days written notice to the other party, which notice may be waived by the party entitled to it. This Agreement may not be amended except by an instrument in writing and signed by the party to be bound thereby provided that if the Investment Company Act requires that such amendment be approved by the vote of the Board, the Independent Trustees and/or Directors or the holders of a majority of the Trust’s or the Portfolio’s outstanding shareholderssecurities, such approval must be obtained before any such amendment may become effective. This Agreement shall terminate automatically upon its assignment. . (c) For purposes of this Agreement, the terms “majority of the outstanding voting securities,” , “assignment” and “interested person” shall have the meanings set forth in the Investment Company Act. Unless the context requires otherwise, references to the Investment Company Act shall be deemed to include, as appropriate, that Act, together with all rules and regulations promulgated thereunder (including, without limitation, any additional requirements imposed by, or exemptive relief afforded to the Trust under the terms and conditions of any order issued by the Securities and Exchange Commission pursuant to Section 6(c) of the Investment Company Act).

Duration, Termination and Amendments. (a) This Agreement shall become effective as of the date first written above on which it shall be approved by the shareholders of the Portfolio in the manner contemplated by Section 15(a) of the 1940 Act and shall continue in effect thereafter until for a period of two yearsyears from that date. This Agreement shall continue in effect from year to year thereafter with respect to each Portfolio for so long as its continuance is specifically approved, at least annually, by: by (i) a majority of the Board of Trustees or the vote of the holders of a majority of each respective the Portfolio’s outstanding voting securities; and (ii) the affirmative vote, cast in person at a meeting called for the purpose of voting on such continuance, of a majority of those members of the Board of Trustees (“Independent Trustees”) who are not “interested persons” of the Trust or any investment adviser to the Trust. This Agreement may be terminated by the Portfolio Manager with respect to any Portfolio at any time and without penalty upon thirty days written notice to the other party, which notice may be waived by the party entitled to it. . (b) This Agreement may be terminated by the Trust with respect to any or by Portfolio Manager at any time and without penalty upon sixty days written notice to the other party, which notice may be waived by the party entitled to it. This Agreement may not be amended except by an instrument in writing and signed by the party to be bound thereby provided that if the Investment Company Act requires that such amendment be approved by the vote of the Board, the Independent Trustees and/or the holders of the Trust’s or the Portfolio’s outstanding shareholders, such approval must be obtained before any such amendment may become effective. This Agreement shall terminate upon its assignment. For purposes of this Agreement, the terms “majority of the outstanding voting securities,” , “assignment” and “interested person” shall have the meanings set forth in the Investment Company Act.

Duration, Termination and Amendments. (a) This Agreement shall become effective as of the date first written above and shall continue in effect thereafter for two years. This Thereafter, this Agreement shall continue in effect from year to year thereafter with respect to each Portfolio for so long as its continuance is specifically approved, approved at least annually, by: annually by (i) a majority of the Board of Trustees or the vote of the holders of a majority of each respective Portfoliothe Trust’s outstanding voting securities; and (ii) the affirmative vote, cast in person at a meeting called for the purpose of voting on such continuanceapproval, of a majority of those members of the Board of Trustees (“Independent Trustees”. (b) who are not “interested persons” of the Trust or any investment adviser to the Trust. This Agreement may be terminated by the Portfolio Manager with respect to any Portfolio at any time and without penalty upon thirty days written notice to the other party, which notice may be waived by the party entitled to it. This Agreement may be terminated by the Trust with respect to any Portfolio or by Hxxxxx Xxxxxxxxx at any time and without penalty upon sixty days written notice to the other party, which notice may be waived by the party entitled to it. This Agreement may not be amended except by an instrument in writing and signed by the party to be bound thereby provided that if the Investment Company Act requires that such amendment be approved by the vote of the Board, the Independent Trustees and/or Directors or the holders of a majority of the Trust’s or the Portfolio’s outstanding shareholderssecurities, such approval must be obtained before any such amendment may become effective. This Agreement shall terminate automatically upon its assignment. . (c) For purposes of this Agreement, the terms “majority of the outstanding voting securities,” , “assignment” and “interested person” shall have the meanings set forth in the Investment Company Act. Unless the context requires otherwise, references to the Investment Company Act shall be deemed to include, as appropriate, that Act, together with all rules and regulations promulgated thereunder (including, without limitation, any additional requirements imposed by, or exemptive relief afforded to the Trust under the terms and conditions of any order issued by the Securities and Exchange Commission pursuant to Section 6(c) of the Investment Company Act).

Duration, Termination and Amendments. (a) This Agreement shall become effective as of the date first written above and shall continue in effect thereafter for two years. This Thereafter, this Agreement shall continue in effect from year to year thereafter with respect to each Portfolio for so long as its continuance is specifically approved, approved at least annually, by: annually by (i) a majority of the Board of Trustees or the vote of the holders of a majority of each respective Portfoliothe Trust’s outstanding voting securities; and (ii) the affirmative vote, cast in person at a meeting called for the purpose of voting on such continuanceapproval, of a majority of those members of the Board of Trustees (“Independent Trustees”. (b) who are not “interested persons” of the Trust or any investment adviser to the Trust. This Agreement may be terminated by the Portfolio Manager with respect to any Portfolio at any time and without penalty upon thirty days written notice to the other party, which notice may be waived by the party entitled to it. This Agreement may be terminated by the Trust with respect to any Portfolio or by Primary Adviser, at any time and without penalty upon sixty days written notice to the other party, which notice may be waived by the party entitled to it. This Agreement may not be amended except by an instrument in writing and signed by the party to be bound thereby provided that if the Investment Company Act requires that such amendment be approved by the vote of the Board, the Independent Trustees and/or Directors or the holders of a majority of the Trust’s or the Portfolio’s outstanding shareholderssecurities, such approval must be obtained before any such amendment may become effective. This Agreement shall terminate automatically upon its assignment. . (c) For purposes of this Agreement, the terms “majority of the outstanding voting securities,” , “assignment” and “interested person” shall have the meanings set forth in the Investment Company Act. Unless the context requires otherwise, references to the Investment Company Act shall be deemed to include, as appropriate, that Act, together with all rules and regulations promulgated thereunder (including, without limitation, any additional requirements imposed by, or exemptive relief afforded to the Trust under the terms and conditions of any order issued by the Securities and Exchange Commission pursuant to Section 6(c) of the Investment Company Act).

Duration, Termination and Amendments. (a) This Agreement shall become effective as of the date first written above and shall continue in effect thereafter for two years. This Thereafter, this Agreement shall continue in effect from year to year thereafter with respect to each Portfolio for so long as its continuance is specifically approved, approved at least annually, by: annually by (i) a majority of the Board of Trustees or the vote of the holders of a majority of each respective Portfoliothe Trust’s outstanding voting securities; and (ii) the affirmative vote, cast in person at a meeting called for the purpose of voting on such continuanceapproval, of a majority of those members of the Board of Trustees (“Independent Trustees”. (b) who are not “interested persons” of the Trust or any investment adviser to the Trust. This Agreement may be terminated by the Portfolio Manager with respect to any Portfolio at any time and without penalty upon thirty days written notice to the other party, which notice may be waived by the party entitled to it. This Agreement may be terminated by the Trust with respect to any Portfolio or by Xxxxxx Xxxxxxxxx at any time and without penalty upon sixty days written notice to the other party, which notice may be waived by the party entitled to it. This Agreement may not be amended except by an instrument in writing and signed by the party to be bound thereby provided that if the Investment Company Act requires that such amendment be approved by the vote of the Board, the Independent Trustees and/or Directors or the holders of a majority of the Trust’s or the Portfolio’s outstanding shareholderssecurities, such approval must be obtained before any such amendment may become effective. This Agreement shall terminate automatically upon its assignment. . (c) For purposes of this Agreement, the terms “majority of the outstanding voting securities,” , “assignment” and “interested person” shall have the meanings set forth in the Investment Company Act. Unless the context requires otherwise, references to the Investment Company Act shall be deemed to include, as appropriate, that Act, together with all rules and regulations promulgated thereunder (including, without limitation, any additional requirements imposed by, or exemptive relief afforded to the Trust under the terms and conditions of any order issued by the Securities and Exchange Commission pursuant to Section 6(c) of the Investment Company Act).

Duration, Termination and Amendments. (a) This Agreement shall become effective as of the date first written above on which it shall be approved by the shareholders of the Portfolio in the manner contemplated by Section 15(a) of the 1940 Act and shall continue in effect thereafter until for a period of two yearsyears from that date. This Agreement shall continue in effect from year to year thereafter with respect to each Portfolio for so long as its continuance is specifically approved, at least annually, by: by (i) a majority of the Board of Trustees or the vote of the holders of a majority of each respective the Portfolio’s outstanding voting securities; and (ii) the affirmative vote, cast in person at a meeting called for the purpose of voting on such continuance, of a majority of those members of the Board of Trustees (“Independent Trustees”Trustees “) who are not “interested persons” of the Trust or any investment adviser to the Trust. This Agreement may be terminated by the Portfolio Manager with respect to any Portfolio at any time and without penalty upon thirty days written notice to the other party, which notice may be waived by the party entitled to it. . (b) This Agreement may be terminated by the Trust with respect to any or by Portfolio Manager at any time and without penalty upon sixty days written notice to the other party, which notice may be waived by the party entitled to it. This Agreement may not be amended except by an instrument in writing and signed by the party to be bound thereby provided that if the Investment Company Act requires that such amendment be approved by the vote of the Board, the Independent Trustees and/or the holders of the Trust’s or the Portfolio’s outstanding shareholders, such approval must be obtained before any such amendment may become effective. This Agreement shall terminate upon its assignment. For purposes of this Agreement, the terms “majority of the outstanding voting securities,” , “assignment” and “interested person” shall have the meanings set forth in the Investment Company Act.

Duration, Termination and Amendments. (a) This Agreement shall become effective as of the date first written above on which it shall be approved by the shareholders of the Portfolio in the manner contemplated by Section 15(a) of the 1940 Act and shall continue in effect thereafter until for a period of two yearsyears from that date. This Agreement shall continue in effect from year to year thereafter with respect to each Portfolio for so long as its continuance is specifically approved, at least annually, by: by (i) a majority of the Board of Trustees or the vote of the holders of a majority of each respective the Portfolio’s 's outstanding voting securities; and (ii) the affirmative vote, cast in person at a meeting called for the purpose of voting on such continuance, of a majority of those members of the Board of Trustees (“"Independent Trustees”Trustees ") who are not “"interested persons” " of the Trust or any investment adviser to the Trust. This Agreement may be terminated by the Portfolio Manager with respect to any Portfolio at any time and without penalty upon thirty days written notice to the other party, which notice may be waived by the party entitled to it. . (b) This Agreement may be terminated by the Trust with respect to any or by Portfolio Manager at any time and without penalty upon sixty days written notice to the other party, which notice may be waived by the party entitled to it. This Agreement may not be amended except by an instrument in writing and signed by the party to be bound thereby provided that if the Investment Company Act requires that such amendment be approved by the vote of the Board, the Independent Trustees and/or the holders of the Trust’s 's or the Portfolio’s 's outstanding shareholders, such approval must be obtained before any such amendment may become effective. This Agreement shall terminate upon its assignment. For purposes of this Agreement, the terms “"majority of the outstanding voting securities,” “, "assignment” " and “"interested person” " shall have the meanings set forth in the Investment Company Act.

Duration, Termination and Amendments. This Agreement shall become effective as of the date first written above and shall continue in effect thereafter for two years. This Agreement shall continue in effect from year to year thereafter with respect to each Portfolio for so long as its continuance is specifically approved, at least annually, by: (i) a majority of the Board of Trustees or the vote of the holders of a majority of each respective the Portfolio’s outstanding voting securities; and (ii) the affirmative vote, cast in person at a meeting called for the purpose of voting on such continuance, of a majority of those members of the Board of Trustees (“Independent Trustees”) who are not “interested persons” of the Trust or any investment adviser to the Trust. This Agreement may be terminated by the Portfolio Manager with respect to any Portfolio at any time and without penalty upon thirty days written notice to the other party, which notice may be waived by the party entitled to it. This Agreement may be terminated by the Trust with respect to any Portfolio at any time and without penalty upon sixty days written notice to the other party, which notice may be waived by the party entitled to it. This Agreement may not be amended except by an instrument in writing and signed by the party to be bound thereby provided that if the Investment Company Act requires that such amendment be approved by the vote of the Board, the Independent Trustees and/or the holders of the Trust’s or the Portfolio’s outstanding shareholders, such approval must be obtained before any such amendment may become effective. This Agreement shall terminate upon its assignment. For purposes of this Agreement, the terms “majority of the outstanding voting securities,” “assignment” and “interested person” shall have the meanings set forth in the Investment Company Act. The parties expressly agree that, in the event that the Portfolio Manager ceases to be associated with Trusco, the Trust shall have the right to terminate this Agreement at any time, without penalty and without notice.