Common use of EFFECTIVE PERIOD AND TERMINATION OF THIS AGREEMENT Clause in Contracts

EFFECTIVE PERIOD AND TERMINATION OF THIS AGREEMENT. This Agreement shall become effective on the effective date of the first public offering of the Fund's shares, and shall continue in effect if approved annually in accordance with the provisions of the Investment Company Act of 1940 (the "1940 Act") and the regulations promulgated under the 1940 Act. This Agreement may be terminated at any time, without payment of any penalty, by the Board of Directors of the Fund, or by a vote of a majority of the outstanding voting securities of the Fund, in either case upon not less than sixty (60) days' written notice to Adviser, and it may be terminated by Adviser upon sixty (60) days' written notice to the Fund.

EFFECTIVE PERIOD AND TERMINATION OF THIS AGREEMENT. This Agreement shall become effective on the effective date of the first public offering of the Fund's shares, and shall continue in effect if approved annually in accordance with the provisions of the Investment Company Act of 1940 (the "1940 Act") and the regulations promulgated under the 1940 Act. This Agreement may be terminated at any time, without payment of any penalty, by the Board of Directors Trustees of the FundTrust, or by a vote of a majority of the outstanding voting securities of the Fund, in either case upon not less than sixty (60) days' written notice to Adviser, and it may be terminated by Adviser upon sixty (60) days' written notice to the FundTrust.

EFFECTIVE PERIOD AND TERMINATION OF THIS AGREEMENT. This Agreement shall become effective on the effective date of the first public offering of the Fund's ’s shares, and shall continue in effect if approved annually in accordance with the provisions of the Investment Company Act of 1940 (the "“1940 Act"”) and the regulations promulgated under the 1940 Act. This Agreement may be terminated at any time, without payment of any penalty, by the Board of Directors Trustees of the FundTrust, or by a vote of a majority of the outstanding voting securities of the Fund, in either case upon not less than sixty (60) days' ’ written notice to Adviser, and it may be terminated by Adviser upon sixty (60) days' ’ written notice to the FundTrust.

EFFECTIVE PERIOD AND TERMINATION OF THIS AGREEMENT. This Agreement shall become effective on the effective date of the first public offering of the Fund's shares, and shall continue in effect if approved annually in accordance with the provisions of the Investment Company Act of 1940 (the "1940 Act") and the regulations promulgated under the 1940 Act. This Agreement may be terminated at any time, without payment of any penalty, by the Board of Directors Trustees of the FundTrust, or by a vote of a majority of the outstanding voting securities of the FundTrust, in either case upon not less than sixty (60) days' written notice to Adviser, and it may be terminated by Adviser upon sixty (60) days' written notice to the FundTrust.