Common use of Effective Date Term Termination Clause in Contracts

Effective Date Term Termination. This Investment Management Agreement shall become effective on the date signed by the Investment Manager and shall continue in full force and effect until terminated in accordance with this Section. This Investment Management Agreement may be terminated by the Board of Trustees effective immediately upon the Investment Manager’s receipt of 30 days’ advance written notice of termination and by the Investment Manager upon 30 days’ advance written notice to the Board of Trustees; provided, however, that at any time without prior written notice, the Board of Trustees may orally direct the Investment Manager to cease its management activities with respect to the Sub-Account, which direction shall be confirmed, in writing, as soon as practicable. Upon such termination, fees of the Investment Manager shall be prorated to the date of termination as specified in the notice of termination.

Effective Date Term Termination. This Investment Management Agreement shall become effective on the date signed by the Investment Manager and shall continue in full force and effect until for one (1) year, and year to year thereafter, unless terminated prior to such date in accordance with this Section. This Investment Management Agreement may be terminated by the Board of Trustees effective immediately upon the Investment Manager’s receipt of 30 days’ advance written notice of termination termination, and by the Investment Manager upon 30 sixty (60) days’ advance written notice to the Board of Trustees; provided, however, that the Board of Trustees, acting through the Fund’s Executive Director or investment consultant, may verbally direct the Investment Manager, at any time without prior written notice, the Board of Trustees may orally direct the Investment Manager to cease its management activities with respect to the Sub-Account, which direction shall be confirmed, in writing, as soon as practicable. Upon such termination, fees of the Investment Manager shall be prorated to the date of termination as specified in the notice of termination.

Effective Date Term Termination. This Investment Management Agreement shall become effective on the date signed by the Investment Manager and shall continue in full force and effect until for one (1) year, and year to year thereafter, unless terminated prior to such date in accordance with this Section. This Investment Management Agreement may be terminated by the Board of Trustees effective immediately upon the Investment Manager’s receipt of 30 days’ advance written notice of termination termination, and by the Investment Manager upon 30 sixty (60) days’ advance written notice to the Board of Trustees; provided, however, that the Board of Trustees through the Fund’s Executive Director or investment consultant, may verbally direct the Investment Manager, at any time without prior written notice, the Board of Trustees may orally direct the Investment Manager to cease its management activities with respect to the Sub-Account, which direction shall be confirmed, in writing, as soon as practicable. Upon such termination, fees of the Investment Manager shall be prorated to the date of termination as specified in the notice of termination.

Effective Date Term Termination. This Investment Management Agreement shall become effective on the date signed by the Investment Manager and shall continue in full force and effect until terminated in accordance with this Section. This Investment Management Agreement may be terminated by the Board of Trustees by written notice to the Investment Manager effective immediately upon the Investment Manager’s receipt of 30 days’ advance written notice of termination and by the Investment Manager upon 30 days’ advance written notice to the Board of Trustees; provided, however, that at any time without prior written notice, the Board of Trustees may orally direct the Investment Manager to cease its management activities with respect to the Sub-Account, which direction shall be confirmed, in writing, as soon as practicable. Upon such a termination, fees of the Investment Manager shall be prorated to the date of termination as specified in the notice of termination.