Common use of Duties of Distributor Clause in Contracts

Duties of Distributor. The following provisions shall apply to the obligations of OSI as distributor under this Agreement: (a) Each Fund agrees to sell Shares through OSI, as agent, from time to time during the term of this Agreement upon the terms and at the current offering price described in the Fund’s prospectus. Such sales may, however, be suspended whenever in the judgment of the Fund it is in the best interests to do so. (b) OSI will hold itself available to receive or will arrange for the receipt of orders for the purchase of Shares and will (and shall have the authority to) receive and accept or reject or arrange for the receipt and acceptance or rejection of such orders on behalf of each Fund in accordance with the provisions of the Fund’s prospectus. (c) OSI shall not be obligated to sell any certain number of Shares. (d) In performing its duties hereunder, OSI shall act in conformity with the Trust’s Agreement and Declaration of Trust, By-Laws, Registration Statement and prospectus, and with the instructions and directions of the officers and Trustees of the Trust, and shall comply with and conform to the requirements of the 1940 Act, the 1933 Act, the Securities Exchange Act of 1934, as amended (the “1934 Act”), and all other applicable federal and state laws, regulations and rulings and rules of the Financial Industry Regulatory Authority (“FINRA”). (e) OSI shall be free to render to others services different from or similar to those rendered to the Funds hereunder so long as the services hereunder are not impaired thereby. It further is understood and agreed that by separate agreement with the Trust, OSI may also serve the Funds in other capacities; that officers or employees of OSI may serve as officers or Trustees of the Trust to the extent permitted by law; and OSI or its officers or employees are not prohibited from engaging in any other business activity or from rendering services to any other entity, or from serving as officers, directors or trustees of any other organizations, including investment companies.

Duties of Distributor. The following provisions shall apply to the obligations of OSI as distributor under this Agreement: (a) Each Fund agrees to sell Shares through OSI, as agent, from time to time during the term of this Agreement upon the terms and at the current offering price described in the Fund’s prospectus. Such sales may, however, be suspended whenever in the judgment of the Fund it is in the best interests to do so. (b) OSI will hold itself available to receive or will arrange for the receipt of orders for the purchase of Shares and will (and shall have the authority to) receive and accept or reject or arrange for the receipt and acceptance or rejection of such orders on behalf of each Fund in accordance with the provisions of the Fund’s prospectus. (c) OSI shall not be obligated to sell any certain number of Shares. (d) In performing its duties hereunder, OSI shall act in conformity with the Trust’s Agreement and Declaration of Trust, By-Laws, Registration Statement and prospectus, and with the instructions and directions of the officers and Trustees of the Trust, and shall comply with and conform to the requirements of the 1940 Act, the 1933 ActSecurities Act of 1933, the Securities Exchange Act of 1934, as amended (the “1934 Act”), and all other applicable federal and state laws, regulations and rulings and rules of the Financial Industry Regulatory Authority (“FINRA”). (e) OSI shall be free to render to others services different from or similar to those rendered to the Funds hereunder so long as the services hereunder are not impaired thereby. It further is understood and agreed that by separate agreement with the Trust, OSI may also serve the Funds in other capacities; that officers or employees of OSI may serve as officers or Trustees of the Trust to the extent permitted by law; and OSI or its officers or employees are not prohibited from engaging in any other business activity or from rendering services to any other entity, or from serving as officers, directors or trustees of any other organizations, including investment companies.

Duties of Distributor. The following provisions shall apply to the obligations of OSI as distributor under this Agreement: (a) Each The Fund agrees to sell Shares through OSI, as agent, from time to time during the term of this Agreement upon the terms and at the current offering price described in the Fund’s 's prospectus. Such sales may, however, be suspended whenever in the judgment of the Fund it is in the best interests to do so. (b) OSI will hold itself available to receive or will arrange for the receipt of orders for the purchase of Shares and will (and shall have the authority to) receive and accept or reject or arrange for the receipt and acceptance or rejection of such orders on behalf of each the Fund in accordance with the provisions of the Fund’s 's prospectus. (c) OSI shall not be obligated to sell any certain number of Shares. (d) In performing its duties hereunder, OSI shall act in conformity with the Trust’s Fund's Agreement and Declaration of Trust, By-Laws, Registration Statement and prospectus, and with the instructions and directions of the officers and Trustees of the TrustFund, and shall comply with and conform to the requirements of the 1940 Act, the 1933 ActSecurities Act of 1933, the Securities Exchange Act of 1934, as amended (the “1934 Act”), and all other applicable federal and state laws, regulations and rulings and rules Rules of the Financial Industry Regulatory Authority (“FINRA”).National Association of Securities Dealers, Inc. (e) OSI shall be free to render to others services different from or similar to those rendered to the Funds Fund hereunder so long as the services hereunder are not impaired thereby. It further is understood and agreed that by separate agreement with the TrustFund, OSI may also serve the Funds Fund in other capacities; that officers or employees of OSI may serve as officers or Trustees of the Trust Fund to the extent permitted by law; and OSI or its officers or employees are not prohibited from engaging in any other business activity or from rendering services to any other entity, or from serving as officers, directors or trustees of any other organizations, including investment companies.

Duties of Distributor. The following provisions shall apply to the obligations of OSI Oberweis Brokerage as distributor under this Agreement: (a) Each The Fund agrees to sell Shares through OSIOberweis Brokerage, as agent, from time to time during the term of this Agreement upon the terms and at the current offering price described in the Fund’s 's prospectus. Such sales may, however, be suspended whenever in the judgment of the Fund it is in the best interests to do so. (b) OSI Oberweis Brokerage will hold itself available to receive or will arrange for the receipt of orders for the purchase of Shares and will (and shall have the authority to) receive and accept or reject or arrange for the receipt and acceptance or rejection of such orders on behalf of each the Fund in accordance with the provisions of the Fund’s 's prospectus. (c) OSI Oberweis Brokerage shall not be obligated to sell any certain number of Shares. (d) In performing its duties hereunder, OSI Oberweis Brokerage shall act in conformity with the Trust’s Fund's Agreement and Declaration of Trust, By-Laws, Registration Statement and prospectus, and with the instructions and directions of the officers and Trustees of the TrustFund, and shall comply with and conform to the requirements of the 1940 Act, the 1933 ActSecurities Act of 1933, the Securities Exchange Act of 1934, as amended (the “1934 Act”), and all other applicable federal and state laws, regulations and rulings and rules Rules of the Financial Industry Regulatory Authority (“FINRA”).National Association of Securities Dealers, Inc. (e) OSI Oberweis Brokerage shall be free to render to others services different from or similar to those rendered to the Funds Fund hereunder so long as the services hereunder are not impaired thereby. It further is understood and agreed that by separate agreement with the TrustFund, OSI Oberweis Brokerage may also serve the Funds Fund in other capacities; that officers or employees of OSI Oberweis Brokerage may serve as officers or Trustees of the Trust Fund to the extent permitted by law; and OSI Oberweis Brokerage or its officers or employees are not prohibited from engaging in any other business activity or from rendering services to any other entity, or from serving as officers, directors or trustees of any other organizations, including investment companies.

Duties of Distributor. The following provisions shall apply to the obligations of OSI TCC as distributor under this Agreement: (a) Each The Fund agrees to sell Shares through OSITCC, as agent, from time to time during the term of this Agreement upon the terms and at the current offering price described in the Fund’s 's prospectus. Such sales may, however, be suspended whenever in the judgment of the Fund it is in the best interests to do so. (b) OSI TCC will hold itself available to receive or will arrange for the receipt of orders for the purchase of Shares and will (and shall have the authority to) receive and accept or reject or arrange for the receipt and acceptance or rejection of such orders on behalf of each the Fund in accordance with the provisions of the Fund’s 's prospectus. (c) OSI TCC shall not be obligated to sell any certain number of Shares. (d) In performing its duties hereunder, OSI TCC shall act in conformity with the Trust’s Fund's Agreement and Declaration of Trust, By-Laws, Registration Statement and prospectus, and with the instructions and directions of the officers and Trustees of the TrustFund, and shall comply with and conform to the requirements of the 1940 Act, the 1933 ActSecurities Act of 1933, the Securities Exchange Act of 1934, as amended (the “1934 Act”), and all other applicable federal and state laws, regulations and rulings and rules Rules of Fair Practice of the Financial Industry Regulatory Authority (“FINRA”).National Association of Securities Dealers, Inc. (e) OSI TCC shall be free to render to others services different from or similar to those rendered to the Funds Fund hereunder so long as the services hereunder are not impaired thereby. It further is understood and agreed that by separate agreement with the TrustFund, OSI TCC may also serve the Funds Fund in other capacities; that officers or employees of OSI TCC may serve as officers or Trustees of the Trust Fund to the extent permitted by law; and OSI TCC or its officers or employees are not prohibited from engaging in any other business activity or from rendering services to any other entity, or from serving as officers, directors or trustees of any other organizations, including investment companies.

Duties of Distributor. The following provisions shall apply to the obligations of OSI as distributor under this Agreement: (a) Each The Fund agrees to sell Shares through OSI, as agent, from time to time during the term of this Agreement upon the terms and at the current offering price described in the Fund’s prospectus. Such sales may, however, be suspended whenever in the judgment of the Fund it is in the best interests to do so. (b) OSI will hold itself available to receive or will arrange for the receipt of orders for the purchase of Shares and will (and shall have the authority to) receive and accept or reject or arrange for the receipt and acceptance or rejection of such orders on behalf of each the Fund in accordance with the provisions of the Fund’s prospectus. (c) OSI shall not be obligated to sell any certain number of Shares. (d) In performing its duties hereunder, OSI shall act in conformity with the TrustFund’s Agreement and Declaration of Trust, By-Laws, Registration Statement and prospectus, and with the instructions and directions of the officers and Trustees of the TrustFund, and shall comply with and conform to the requirements of the 1940 Act, the 1933 ActSecurities Act of 1933, the Securities Exchange Act of 1934, as amended (the “1934 Act”), and all other applicable federal and state laws, regulations and rulings and rules of the Financial Industry Regulatory Authority (“FINRA”). (e) OSI shall be free to render to others services different from or similar to those rendered to the Funds Fund hereunder so long as the services hereunder are not impaired thereby. It further is understood and agreed that by separate agreement with the TrustFund, OSI may also serve the Funds Fund in other capacities; that officers or employees of OSI may serve as officers or Trustees of the Trust Fund to the extent permitted by law; and OSI or its officers or employees are not prohibited from engaging in any other business activity or from rendering services to any other entity, or from serving as officers, directors or trustees of any other organizations, including investment companies.

Duties of Distributor. The following provisions shall apply to the obligations of OSI TCC as distributor under this Agreement: (a) Each The Fund agrees to sell Shares through OSITCC, as agent, from time to time during the term of this Agreement upon the terms and at the current offering price described in the Fund’s 's prospectus. Such sales may, however, be suspended whenever in the judgment of the Fund it is in the its best interests to do so. (b) OSI TCC will hold itself available to receive or will arrange for the receipt of orders for the purchase of Shares and will (and shall have the authority to) receive and accept or reject or arrange for the receipt and acceptance or rejection of such orders on behalf of each the Fund in accordance with the provisions of the Fund’s 's prospectus. (c) OSI TCC shall not be obligated to sell any certain number of Shares. (d) In performing its duties hereunder, OSI TCC shall act in conformity with the Trust’s Fund's Agreement and Declaration of Trust, By-Laws, Registration Statement and prospectus, and with the instructions and directions of the officers and Trustees of the TrustFund, and shall comply with and conform to the requirements of the 1940 Act, the 1933 ActSecurities Act of 1933, the Securities Exchange Act of 1934, as amended (the “1934 Act”), and all other applicable federal and state laws, regulations and rulings and rules Rules of Fair Practice of the Financial Industry Regulatory Authority (“FINRA”).National Association of Securities Dealers, Inc. (e) OSI TCC shall be free to render to others services different from or similar to those rendered to the Funds Fund hereunder so long as the services hereunder are not impaired thereby. It further is understood and agreed that by separate agreement with the TrustFund, OSI TCC may also serve the Funds Fund in other capacities; that officers or employees of OSI TCC may serve as officers or Trustees of the Trust Fund to the extent permitted by law; and OSI that TCC or its officers or employees are not prohibited from engaging in any other business activity or from rendering services to any other entity, or from serving as officers, directors or trustees of any other organizations, including investment companies.

Duties of Distributor. The following provisions shall apply to the obligations of OSI as distributor under this Agreement: (a) Each The Fund agrees to sell Shares through OSI, as agent, from time to time during the term of this Agreement upon the terms and at the current offering price described in the Fund’s prospectus. Such sales may, however, be suspended whenever in the judgment of the Fund it is in the best interests to do so. (b) OSI will hold itself available to receive or will arrange for the receipt of orders for the purchase of Shares and will (and shall have the authority to) receive and accept or reject or arrange for the receipt and acceptance or rejection of such orders on behalf of each the Fund in accordance with the provisions of the Fund’s prospectus. (c) OSI shall not be obligated to sell any certain number of Shares. (d) In performing its duties hereunder, OSI shall act in conformity with the TrustFund’s Agreement and Declaration of Trust, By-Laws, Registration Statement and prospectus, and with the instructions and directions of the officers and Trustees of the TrustFund, and shall comply with and conform to the requirements of the 1940 Act, the 1933 ActSecurities Act of 1933, the Securities Exchange Act of 1934, as amended (the “1934 Act”), and all other applicable federal and state laws, regulations and rulings and rules Rules of the Financial Industry Regulatory Authority (“FINRA”)NASD. (e) OSI shall be free to render to others services different from or similar to those rendered to the Funds Fund hereunder so long as the services hereunder are not impaired thereby. It further is understood and agreed that by separate agreement with the TrustFund, OSI may also serve the Funds Fund in other capacities; that officers or employees of OSI may serve as officers or Trustees of the Trust Fund to the extent permitted by law; and OSI or its officers or employees are not prohibited from engaging in any other business activity or from rendering services to any other entity, or from serving as officers, directors or trustees of any other organizations, including investment companies.

Duties of Distributor. The following provisions shall apply to ---------------------- the Distributor's obligations of OSI as distributor under this Agreement: (a) Each The Fund agrees to sell Shares Units of each of the Portfolios through OSIthe Distributor, as agent, from time to time during the term of this Agreement upon the terms and at the current offering price described in the Fund’s prospectusProspectus as that term is defined in the Advisory Agreement of even date herewith between the Fund and Xxxxxxx, Sachs & Co. (the "Advisory Agreement"). Such sales may, however, be suspended whenever in the judgment of the Fund it is in the its best interests to do so.; (b) OSI will hold itself available to receive or The Distributor will arrange for the receipt of orders for the purchase purpose of Shares Units of each Portfolio and will (and shall have the authority to) receive and accept or reject or arrange for the receipt and acceptance or rejection of such orders on behalf of each the Fund in accordance with the provisions of the Fund’s prospectus.Prospectus; (c) OSI The Distributor shall not be obligated to sell any certain number of Shares.Units of any Portfolio; (d) In performing its duties hereunder, OSI the Distributor shall act in conformity with the Trust’s Agreement and Declaration of TrustTrust Agreement, By-Laws, Prospectus and Registration Statement and prospectus, (as such terms are defined in the Advisory Agreement) and with the instructions and directions of the officers and Trustees of the TrustFund, and shall will use its best efforts to comply with and conform to the requirements of the 1940 Act, the 1933 Act, the Securities Exchange Investment Advisers Act of 19341940, as amended (the “1934 Act”)amended, and all other applicable federal and state laws, regulations and rulings and rules of the Financial Industry Regulatory Authority (“FINRA”).rulings; and (e) OSI The services of the Distributor hereunder are not deemed exclusive and the Distributor shall be free to render to similar services to others services different from or similar to those rendered to the Funds hereunder so long as the Distributor's services hereunder are not impaired thereby. It further is understood and agreed that by separate agreement with the Trust, OSI may also serve the Funds in other capacities; that officers or employees of OSI may serve as officers or Trustees of the Trust to the extent permitted by law; and OSI or its officers or employees are not prohibited from engaging in any other business activity or from rendering services to any other entity, or from serving as officers, directors or trustees of any other organizations, including investment companies.

Duties of Distributor. The following provisions shall apply to ---------------------- the Distributor's obligations of OSI as distributor under this Agreement: (a) Each The Fund agrees to sell Shares Units of each of the Portfolios through OSIthe Distributor, as agent, from time to time during the term of this Agreement upon the terms and at the current offering price described in the Fund’s prospectusProspectus as that term is defined in the Amended and Restated Advisory Agreement of an even date herewith between the Fund and Xxxxxxx, Xxxxx & Co. (the "Advisory Agreement"). Such sales may, however, be suspended whenever in the judgment of the Fund it is in the its best interests to do so.; (b) OSI will hold itself available to receive or The Distributor will arrange for the receipt of orders for the purchase of Shares Units of each Portfolio and will (and shall have the authority to) receive and accept or reject or arrange for the receipt and acceptance or rejection of such orders on behalf of each the Fund in accordance with the provisions of the Fund’s prospectus.Prospectus; (c) OSI The Distributor shall not be obligated to sell any certain number of Shares.Units of any Portfolio; (d) In performing its duties hereunder, OSI the Distributor shall act in conformity with the Trust’s Agreement and Declaration of TrustTrust Agreement, By-Laws, Prospectus and Registration Statement and prospectus, (as such terms are defined in the Advisory Agreement) and with the instructions and directions of the officers and Trustees of the TrustFund, and shall will use its best efforts to comply with and conform to the requirements of the 1940 Act, the 1933 Actas amended, the Securities Exchange Investment Advisers Act of 1934, as amended (the “1934 Act”), 1940 and all other applicable federal and state laws, regulations and rulings and rules of the Financial Industry Regulatory Authority (“FINRA”).rulings; and (e) OSI The services of the Distributor hereunder are not deemed exclusive and the Distributor shall be free to render to similar services to others services different from or similar to those rendered to the Funds hereunder so long as the Distributor's services hereunder are not impaired thereby. It further is understood and agreed that by separate agreement with the Trust, OSI may also serve the Funds in other capacities; that officers or employees of OSI may serve as officers or Trustees of the Trust to the extent permitted by law; and OSI or its officers or employees are not prohibited from engaging in any other business activity or from rendering services to any other entity, or from serving as officers, directors or trustees of any other organizations, including investment companies.