Common use of EFFECTIVENESS AND DURATION Clause in Contracts

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the FUND 's Board or (ii) by a vote of a majority of the Shares of the FUND, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on sixty (60) days' notice, by the Board, by vote of a majority of the outstanding voting securities of such Trust, or on sixty (60) days' notice by CEROS. (c) This Agreement will automatically and immediately terminate in the event of its assignment. (d) CEROS agrees to notify the FUND immediately upon the event CEROS's expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of CEROS' expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the FUND 's Trust’s Board or (ii) by a vote of a majority of the Shares of the FUNDTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "“interested persons" ” of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on sixty (60) days' ’ notice, by the Board, by vote of a majority of the outstanding voting securities of such Trust, or on sixty two hundred seventy (60270) days' ’ notice by CEROS. (c) This Agreement will automatically and immediately terminate in the event of its assignment. (d) CEROS agrees to notify the FUND Trust immediately upon the event of CEROS's ’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of CEROS' ’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the FUND 's Trust’s Board or (ii) by a vote of a majority of the Shares of the FUNDTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on sixty (60) days' notice, by the Board, by vote of a majority of the outstanding voting securities of such Trust, or on sixty (60) days' notice by CEROS. (c) This Agreement will automatically and immediately terminate in the event of its "assignment." (d) CEROS agrees to notify the FUND Trust immediately upon the event of CEROS's ’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of CEROS' ’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof (but fees will not be due until a FUND commences investment operations and CEROS commences providing services) and will continue for an initial two-year term from such commencement for a FUND and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the FUND FUND's Board or (ii) by a vote of a majority of the Shares of the FUND, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on sixty (60) days' notice, by the Board, by vote of a majority of the outstanding voting securities of such Trust, or on sixty (60) days' notice by CEROS. (c) This Agreement will automatically and immediately terminate in the event of its assignment. (d) CEROS agrees to notify the each FUND immediately upon the event CEROS's expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of CEROS' expulsion or suspension by FINRA.