Common use of Effectiveness, Continuation, Termination and Amendment Clause in Contracts

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's prior Distribution and Service Plan for Class C shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 Xxx) of the Fund’s outstanding Class C voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 45 contracts

Samples: Plan and Agreement (Oppenheimer Rochester Short Duration High Yield Municipal Fund), Plan and Agreement (Oppenheimer Intermediate Term Municipal Fund), Plan and Agreement (Oppenheimer Rochester Minnesota Municipal Fund)

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Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's prior Distribution and Service Plan for Class C B shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C B Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 Xxx) of the Fund’s outstanding Class C B voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 40 contracts

Samples: Plan and Agreement (Oppenheimer Transition 2040 Fund), Plan and Agreement (Oppenheimer Transition 2030 Fund), Plan and Agreement (Oppenheimer Transition 2025 Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's prior Distribution and Service Plan for Class C N shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 Xxx) of the Fund’s outstanding Class C N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 26 contracts

Samples: Plan and Agreement (Oppenheimer Transition 2025 Fund), Plan and Agreement (Oppenheimer Transition 2030 Fund), Distribution and Service Plan and Agreement (Oppenheimer Transition 2020 Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 928, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's prior Distribution and Service Plan for Class C shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 Xxx) of the Fund’s outstanding Class C voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 10 contracts

Samples: Plan and Agreement (Oppenheimer Intermediate Income Fund), Plan and Agreement (Oppenheimer Integrity Funds), Distribution and Service Plan and Agreement (Oppenheimer International Bond Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 928, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's prior Distribution and Service Plan for Class C N shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 Xxx) of the Fund’s outstanding Class C N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 8 contracts

Samples: Plan and Agreement (Oppenheimer Integrity Funds), Plan and Agreement (Oppenheimer LTD Term Government Fund), Distribution and Service Plan and Agreement (Oppenheimer International Bond Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 928, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's prior Distribution and Service Plan for Class C B shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C B Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 Xxx) of the Fund’s outstanding Class C B voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 7 contracts

Samples: Plan and Agreement (Oppenheimer Integrity Funds), Distribution and Service Plan and Agreement (Oppenheimer International Bond Fund), Plan and Agreement (Oppenheimer LTD Term Government Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's ’s prior Distribution and Service Plan for Class C shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 Xxx) of the Fund’s outstanding Class C voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 6 contracts

Samples: Plan and Agreement (Oppenheimer Transition 2015 Fund), Plan and Agreement (Oppenheimer Quest International Value Fund), Plan and Agreement (Oppenheimer U S Government Trust)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 928, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's ’s prior Distribution and Service Plan for Class C N shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 Xxx) of the Fund’s outstanding Class C N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 6 contracts

Samples: Plan and Agreement (Oppenheimer Commodity Strategy Total Return Fund), Plan and Agreement (Oppenheimer Champion Income Fund), Plan and Agreement (Oppenheimer Global Strategic Income Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 928, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's ’s prior Distribution and Service Plan for Class C shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 Xxx) of the Fund’s outstanding Class C voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 6 contracts

Samples: Plan and Agreement (Oppenheimer Commodity Strategy Total Return Fund), Plan and Agreement (Oppenheimer Champion Income Fund), Plan and Agreement (Oppenheimer Global Strategic Income Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's ’s prior Distribution and Service Plan for Class C B shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C B Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 Xxx) of the Fund’s outstanding Class C B voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 6 contracts

Samples: Plan and Agreement (Oppenheimer Transition 2015 Fund), Plan and Agreement (Oppenheimer Quest International Value Fund), Plan and Agreement (Oppenheimer U S Government Trust)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 928, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's ’s prior Distribution and Service Plan for Class C B shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C B Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 Xxx) of the Fund’s outstanding Class C B voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 5 contracts

Samples: Plan and Agreement (Oppenheimer Commodity Strategy Total Return Fund), Plan and Agreement (Oppenheimer Champion Income Fund), Plan and Agreement (Oppenheimer Global Strategic Income Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's ’s prior Distribution and Service Plan for Class C N shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 Xxx) of the Fund’s outstanding Class C N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 4 contracts

Samples: Plan and Agreement (Oppenheimer Transition 2015 Fund), Plan and Agreement (Oppenheimer Quest International Value Fund), Plan and Agreement (Oppenheimer U S Government Trust)

Effectiveness, Continuation, Termination and Amendment. This Plan has --------------------------------------------------------- been approved by a vote of the Board and of its Independent Trustees cast in person at a meeting called on June 9October 12, 2011 2000, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s Xxxx'x outstanding Class C N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 4 contracts

Samples: Distribution and Service Plan and Agreement (Oppenheimer Capital Preservation Fund), Distribution and Service Plan and Agreement (Oppenheimer International Growth Fund), Distribution and Service Plan and Agreement (Oppenheimer Multiple Strategies Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's prior Distribution and Service Plan for Class C B shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C B Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 1000 Xxx) of the Fund’s outstanding Class C B voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 3 contracts

Samples: Plan and Agreement (Oppenheimer Real Estate Fund), Plan and Agreement (Oppenheimer Rochester Arizona Municipal Fund), Plan and Agreement (Oppenheimer Rochester Maryland Municipal Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's prior Distribution and Service Plan for Class C shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 1000 Xxx) of the Fund’s outstanding Class C voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 3 contracts

Samples: Plan and Agreement (Oppenheimer Real Estate Fund), Plan and Agreement (Oppenheimer Rochester Maryland Municipal Fund), Plan and Agreement (Oppenheimer Rochester Arizona Municipal Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9August __, 2011 2012 for the purpose of voting on this Plan. This Plan replaces the Fund's prior Distribution and Service Plan for Class C N shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 Xxx) of the Fund’s outstanding Class C N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 2 contracts

Samples: Plan and Agreement (Oppenheimer Senior Floating Rate Fund), Plan and Agreement (Oppenheimer Senior Floating Rate Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9, 2011 for the purpose of voting on this Plan. This Plan replaces , and shall take effect as of the date first set forth above, at which time it shall replace the Fund's prior Distribution and Service Plan for Class C sharesthe Shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purposein the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx) of the Fund’s 's outstanding Class C voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 2 contracts

Samples: Distribution and Service Plan and Agreement (Oppenheimer International Bond Fund), Distribution and Service Plan and Agreement (Oppenheimer Cash Reserves/Co/)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 928, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's prior Distribution and Service Plan for Class C R shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C R Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 Xxx) of the Fund’s outstanding Class C R voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Plan and Agreement (Oppenheimer Intermediate Income Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9_________, 2011 1995, for the purpose of voting on this Plan. This Plan replaces , and shall take effect on the date that the Fund's prior Distribution Registration Statement is declared effective by the Securities and Service Plan for Class C sharesExchange Commission. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule __________, 1995 and thereafter from year to year thereafter or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purposeB Shareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s Xxxx'x outstanding Class C voting sharessecurities of the Class. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer International Growth Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has --------------------------------------------------------- been approved by a vote of the Board and of its Independent Trustees cast in person at a meeting called on June 9October 12, 2011 2000, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. continuance This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s 's outstanding Class C Xxxxx X voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Growth Fund)

Effectiveness, Continuation, Termination and Amendment. This Amended and Restated Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9February 3, 2011 1998, for the purpose of voting on this Plan. This Plan , and replaces the Fund's prior Distribution and Service Plan for Class C X shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, Plan without approval of the Class C Shareholders X Shareholders, at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx) of the Fund’s 's outstanding Class C voting X shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Rochester Portfolio Series)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and of its Independent Trustees cast in person at a meeting called on June 9, 2011 2005, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by such time as the Board in accordance with is required, under the Rule Rule, to consider approval of its renewal and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s outstanding Fxxx'x xutstanding Class C N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Plan and Agreement (Oppenheimer Dividend Growth Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and of ---------------------------------------------------------- its Independent Trustees cast in person at a meeting called on June 9October 12, 2011 2000, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s 's outstanding Class C voting Claxx X xxxing shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Enterprise Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the ----------------------------------------------------------- Board and of its Independent Trustees cast in person at a meeting called on June 9October 24, 2011 2000, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s outstanding Class C 's outstandixx Xxxxx N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Capital Income Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9August 27, 2011 1996, for the purpose of voting on this Plan. This Plan replaces , and shall take effect on the date that the Fund's prior Distribution Registration Statement is declared effective by the Securities and Service Plan for Class C sharesExchange Commission. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule for one year from such date of effectiveness and thereafter from year to year thereafter or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purposeB Shareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx) of the Fund’s 's outstanding Class C voting sharessecurities of the Class. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Real Asset Fund)

Effectiveness, Continuation, Termination and Amendment. This Amended and Restated Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 922, 2011 1995 for the purpose of voting on this Plan. This Plan replaces , and shall take effect after approval by Class C shareholders of the Fund, at which time it shall replace the Fund's prior Distribution Plan and Service Plan for Class C sharesAgreement of Distribution. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year from the date first set forth above or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purposeShareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx) of the Fund’s 's outstanding Class C voting sharessecurities of the Class. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be is entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Quest for Value Family of Funds)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the ---------------------------------------------------------- Board and of its Independent Trustees cast in person at a meeting called on June 9October 12, 2011 2000, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s 's outstanding Class C N voting shares. In the event of such terminationterminxxxxx, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer International Small Co Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9August 27, 2011 1996 for the purpose of voting on this Plan. This Plan replaces , and shall take effect on the date that the Fund's prior Distribution Registration Statement is declared effective by the Securities and Service Plan for Class C sharesExchange Commission. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule for one year from such date of effectiveness and thereafter from year to year thereafter or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purposeShareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s outstanding Class C Xxxx'x xutstanding voting sharessecurities of the Class. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be is entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Real Asset Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has --------------------------------------------------------- been approved by a vote of the Board and of its Independent Trustees cast in person at a meeting called on June 9October 24, 2011 2000, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s Xxxx'x outstanding Class C N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Champion Income Fund/Ny)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the ----------------------------------------------------------- Board and of its Independent Trustees cast in person at a meeting called on June 9October 12, 2011 2000, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s outstanding Class C 's outstandixx Xxxxx N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Capital Appreciation Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been ------------------------------------------------------- approved by a vote of the Board and of its Independent Trustees cast in person at a meeting called on June 9October 12, 2011 2000, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s outstanding Funx'x xxxxtanding Class C N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Trinity Value Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and of its ----------------------------------------------------------- Independent Trustees cast in person at a meeting called on June 9October 12, 2011 2000, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s 's outstanding Class C voting N xxxxxx shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer U S Government Trust)

Effectiveness, Continuation, Termination and Amendment. This Plan has been ---------------------------------------------------------- approved by a vote of the Board and of its Independent Trustees cast in person at a meeting called on June 9October 21, 2011 2002, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s outstanding Funx'x xxxxtanding Class C N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Plan and Agreement (Oppenheimer Multi Cap Value Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9__________, 2011 1995, for the purpose of voting on this Plan. This Plan replaces , and shall take effect on the date that the Fund's prior Distribution Registration Statement is declared effective by the Securities and Service Plan for Class C sharesExchange Commission. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule _____________, 1995 and thereafter from year to year thereafter or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purposeShareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s Xxxx'x outstanding Class C voting sharessecurities of the Class. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer International Growth Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9August 5, 2011 1997, for the purpose of voting on this Plan. This Plan replaces , and shall take effect on the date that the Fund's prior Distribution and Service Plan for Class C sharesRegistration Statement is declared effective by the SEC. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule ___________, 1998 and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C B Shareholders at a meeting called for that purposein the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx) of the Fund’s 's outstanding Class C B voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Midcap Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9August 27, 2011 1996, for the purpose of voting on this Plan. This Plan replaces , and shall take effect on the date that the Fund's prior Distribution Registration Statement is declared effective by the Securities and Service Plan for Class C sharesExchange Commission. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule for one year from such date of effectiveness and thereafter from year to year thereafter or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purposeB Shareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s outstanding Class C Xxxx'x xutstanding voting sharessecurities of the Class. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Real Asset Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9August 5, 2011 1997, for the purpose of voting on this Plan. This Plan replaces , and shall take effect on the date that the Fund's prior Distribution and Service Plan for Class C sharesRegistration Statement is declared effective by the SEC. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule November 30, 1998 and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purposein the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx) of the Fund’s 's outstanding Class C voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Midcap Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has ----------------------------------------------------------- been approved by a vote of the Board and of its Independent Trustees cast in person at a meeting called on June 9October 24, 2011 2000, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. continuance This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s Xxxx'x outstanding Class C N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Integrity Funds)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the ------------------------------------------------------- Board and of its Independent Trustees cast in person at a meeting called on June 9October 12, 2011 2000, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. continuance This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s 's outstanding Class C N voting sharessharex. In the Xx xhe event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Growth Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9April 18, 2011 1995, for the purpose of voting on this Plan. This Plan replaces , and shall take effect after approved by Class B shareholders of the Fund, at which time it shall replace the Fund's prior Distribution and Service Plan and Agreement for Class C sharesthe Shares dated February 23, 1994. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year thereafter or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purposeB Shareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s 's outstanding Class C voting sharessecurities of the Class. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Limited Term Government Fund)

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Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the ----------------------------------------------------------- Board and of its Independent Trustees cast in person at a meeting called on June 9October, 2011 24, 2000, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s 's outstanding Class C Xxxxx N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Real Asset Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9August 7, 2011 1997, for the purpose of voting on this Plan. This Plan replaces , and shall take effect on the date that the Fund's prior Distribution and Service Plan for Class C sharesregsitration Statement is declared effective by the SEC. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule November 30,1998 and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purposein the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx) of the Fund’s 's outstanding Class C voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer International Small Co Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 928, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's prior Distribution and Service Plan for Class C B shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C B Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 1000 Xxx) of the Fund’s outstanding Class C B voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Portfolio Series Fixed Income Active Allocation Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9August 5, 2011 1997, for the purpose of voting on this Plan. This Plan replaces , and shall take effect on the date that the Fund's prior Distribution and Service Plan for Class C sharesRegistration Statement is declared effective by the SEC. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule November 30, 1998 and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C B Shareholders at a meeting called for that purposein the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx) of the Fund’s 's outstanding Class C B voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Midcap Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the ------------------------------------------------------------- Board and of its Independent Trustees cast in person at a meeting called on June 9October 12, 2011 2000, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s 's outstanding Class C Xxxxx N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Capital Appreciation Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9August 5, 2011 1997, for the purpose of voting on this Plan. This Plan replaces , and shall take effect on the date that the Fund's prior Distribution and Service Plan for Class C sharesRegistration Statement is declared effective by the SEC. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule _______, 1998 and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purposein the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx) of the Fund’s 's outstanding Class C voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Midcap Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9, 2011, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's prior Distribution and Service Plan for Class C shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 Xxx) of the Fund’s outstanding Class C voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Plan and Agreement (Oppenheimer Developing Markets Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been was approved by a majority vote of the Board and its Independent Trustees cast in person ------------------------------------------------------- Class B Shareholders of the Fund at a special meeting called held on June 9August 5, 2011 2002, for the purpose of voting on to approve this Plan. This Plan replaces , and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C B Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s 's outstanding Class C B voting shares. In the Xx xxx event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Growth Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9_________, 2011 1995, for the purpose of voting on this Plan. This Plan replaces , and shall take effect on the date that the Fund's prior Distribution Registration Statement is declared effective by the Securities and Service Plan for Class C sharesExchange Commission. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule __________, 1995 and thereafter from year to year thereafter or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purposeA Shareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s outstanding Class C Xxxx'x xutstanding voting sharessecurities of the Class. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer International Growth Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9February 25, 2011 1997, for the purpose of voting on this Plan. This Plan replaces , and shall take effect as of the date first set forth above, at which time it shall replace the Fund's prior Distribution and Service Plan for Class C sharesthe Shares dated August 4, 1995. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule October 31, 1997 and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purposein the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx) of the Fund’s 's outstanding Class C voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Equity Income Fund Inc)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the ---------------------------------------------------------- Board and of its Independent Trustees cast in person at a meeting called on June 9October 21, 2011 2002, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s 's outstanding Class C Xxxxx N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Multi Cap Value Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9August 7, 2011 1997, for the purpose of voting on this Plan. This Plan replaces , and shall take effect on the date that the Fund's prior Distribution and Service Plan for Class C sharesRegistration Statement is declared effective by the SEC. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule November 30, 1998 and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C B Shareholders at a meeting called for that purposein the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx) of the Fund’s 's outstanding Class C B voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer International Small Co Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has --------------------------------------------------------- been approved by a vote of the Board and of its Independent Trustees cast in person at a meeting called on June 9February 5, 2011 2001, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s Xxxx'x outstanding Class C N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Convertible Securities Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has ------------------------------------------------------- been approved by a vote of the Board and of its Independent Trustees cast in person at a meeting called on June 9October 12, 2011 2000, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s outstanding Xxxx'x xutstanding Class C N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Trinity Core Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 928, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's prior Distribution and Service Plan for Class C N shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 1000 Xxx) of the Fund’s outstanding Class C N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Portfolio Series Fixed Income Active Allocation Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and ------------------------------------------------------- its Independent Trustees cast in person at a meeting called on June 9December 13, 2011 2001, for the purpose of voting on this Plan. This Plan replaces , and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C B Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx) of the Fund’s 's outstanding Class C B voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Growth Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its ------------------------------------------------------- Independent Trustees cast in person at a meeting called on June 9February 29, 2011 2000, for the purpose of voting on this Plan. This Plan replaces , and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C B Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s 's outstanding Class C B voting shares. In the Xx xxx event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Growth Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has --------------------------------------------------------- been approved by a vote of the Board and of its Independent Trustees cast in person at a meeting called on June 9December 8, 2011 2004 for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s Xxxx'x outstanding Class C N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer International Diversified Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9February 25, 2011 1997, for the purpose of voting on this Plan. This Plan replaces , and shall take effect as of the date first set forth above, at which time it shall replace the Fund's prior Distribution and Service Plan for Class C sharesthe Shares dated August 4, 1995. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule October 31, 1997 and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purposein the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx) of the Fund’s 's outstanding Class C voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Equity Income Fund Inc)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's prior Distribution and Service Plan for Class C N shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 1000 Xxx) of the Fund’s outstanding Class C N voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Plan and Agreement (Oppenheimer Real Estate Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 9August 27, 2011 1996 for the purpose of voting on this Plan. This Plan replaces , and shall take effect on the date that the Fund's prior Distribution Registration Statement is declared effective by the Securities and Service Plan for Class C sharesExchange Commission. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule for one year from such date of effectiveness and thereafter from year to year thereafter or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purposeShareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx) of the Fund’s 's outstanding Class C voting sharessecurities of the Class. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be is entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Real Asset Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the Board and its Independent Trustees cast in person at a meeting called on June 928, 2011 for the purpose of voting on this Plan. This Plan replaces the Fund's prior Distribution and Service Plan for Class C shares. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose, and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by vote of a majority of the Independent Trustees or by the vote of the holders of a “majority” (as defined in the 0000 1000 Xxx) of the Fund’s outstanding Class C voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Portfolio Series Fixed Income Active Allocation Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the ---------------------------------------------------------- Board and of its Independent Trustees cast in person at a meeting called on June 9February 8, 2011 2001, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s 's outstanding Class C Xxxxx X voting shares. In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Real Estate Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has been approved by a vote of the ----------------------------------------------------------- Board and of its Independent Trustees cast in person at a meeting called on June 9______________, 2011 2000, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s 's outstanding Class C N voting shares. In the event of such terminationxxxx xxxmination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Developing Markets Fund)

Effectiveness, Continuation, Termination and Amendment. This Plan has --------------------------------------------------------- been approved by a vote of the Board and of its Independent Trustees cast in person at a meeting called on June 9October 24, 2011 2000, for the purpose of voting on this Plan. This Plan replaces and shall take effect as of the Fund's prior Distribution and Service Plan for Class C sharesdate first set forth above. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. continuance This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C N Shareholders at a meeting called for that purpose, purpose and all material amendments must be approved by a vote of the Board and of the Independent Trustees. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 0000 Xxx1940 Act) of the Fund’s 's outstanding Class C N voting shares. In the Xx xxx event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer International Bond Fund)

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