Common use of Effective Period of this Agreement Clause in Contracts

Effective Period of this Agreement. Unless terminated automatically as set forth in Section 10 of this Agreement, this Agreement shall take effect upon its execution and shall remain in full force and effect for a period of three(3) years from that date, and shall remain in full force and effect from year to year thereafter, subject to annual approval (i) by Underwriter, (ii) by the Board of Trustees of the Trust or by vote of a majority of the outstanding Shares, and in either case (iii) by a majority of the Trustees of the Trust who are not interested persons of the Trust or of Underwriter, by vote cast in person at a meeting called for the purpose of voting on such approval.

Effective Period of this Agreement. Unless terminated automatically as set forth in Section 10 of this Agreement, this Agreement shall take effect upon its execution and shall remain in full force and effect for a period of three(3) TWO years from that date, and shall remain in full force and effect from year to year thereafter, subject to annual approval (i) by Underwriter, (ii) by the Board of Trustees of the Trust Fund or by vote of a majority of the outstanding Shares, and in either case (iii) by a majority of the Trustees of the Trust Fund who are not interested persons of the Trust Fund or of Underwriter, by vote cast in person at a meeting called for the purpose of voting on such approval.