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: Distribution Agreement (Oppenheimer Rochester Short Duration High Yield Municipal Fund), Distribution Agreement (Oppenheimer Intermediate Term Municipal Fund), Distribution Agreement (Oppenheimer Rochester Minnesota 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 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: Distribution Agreement (Oppenheimer Transition 2040 Fund), Distribution Agreement (Oppenheimer Transition 2010 Fund), Distribution 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 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: Distribution Agreement (Oppenheimer Transition 2020 Fund), Distribution Agreement (Oppenheimer Transition 2030 Fund), Distribution 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 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: Distribution Agreement (Oppenheimer Intermediate Income Fund), Distribution Agreement (Oppenheimer Integrity Funds), Distribution 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: Distribution Agreement (Oppenheimer Integrity Funds), Distribution Agreement (Oppenheimer International Bond Fund), Distribution 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 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: Distribution Agreement (Oppenheimer Integrity Funds), Distribution Agreement (Oppenheimer LTD Term Government Fund), Distribution 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 ’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: Distribution Agreement (Oppenheimer Commodity Strategy Total Return Fund), Distribution Agreement (Oppenheimer Champion Income Fund), Distribution 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: Distribution Agreement (Oppenheimer Commodity Strategy Total Return Fund), Distribution Agreement (Oppenheimer Champion Income Fund), Distribution 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 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: Distribution Agreement (Oppenheimer Transition 2015 Fund), Distribution Agreement (Oppenheimer Quest International Value Fund), Distribution 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 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: Distribution Agreement (Oppenheimer Transition 2015 Fund), Distribution Agreement (Oppenheimer Quest International Value Fund), Distribution 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: Distribution Agreement (Oppenheimer Commodity Strategy Total Return Fund), Distribution Agreement (Oppenheimer Champion Income Fund), Distribution 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: Distribution Agreement (Oppenheimer Transition 2015 Fund), Distribution Agreement (Oppenheimer Quest International Value Fund), Distribution 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 Agreement (Oppenheimer International Growth Fund), Distribution Agreement (Oppenheimer Multiple Strategies Fund), Distribution 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 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: Distribution Agreement (Oppenheimer Real Estate Fund), Distribution Agreement (Oppenheimer Rochester Arizona Municipal Fund), Distribution 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: Distribution Agreement (Oppenheimer Real Estate Fund), Distribution Agreement (Oppenheimer Rochester Arizona Municipal Fund), Distribution 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 , 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 Agreement (Oppenheimer International Bond Fund), Distribution 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 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: Distribution Agreement (Oppenheimer Senior Floating Rate Fund), Distribution Agreement (Oppenheimer Senior Floating Rate 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 Agreement (Oppenheimer Integrity Funds)
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
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 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 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 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 ___________, 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
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 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 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 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 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 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 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
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 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 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
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 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 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 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 Agreement (Oppenheimer Developing Markets 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
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 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. 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
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 Agreement (Oppenheimer Multi Cap Value 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 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 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 '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 Agreement (Rochester Portfolio Series)
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 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 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: Distribution Agreement (Oppenheimer Dividend 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 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
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 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 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 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 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
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 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 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: Distribution 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, 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: Distribution 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 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 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 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 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 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, 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 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 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: Distribution Agreement (Oppenheimer Intermediate Income 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 Agreement (Oppenheimer International Bond 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 Agreement (Rochester Portfolio Series)
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
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 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 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 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 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 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 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: Distribution 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 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. 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
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 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 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 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 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 Agreement (Oppenheimer Real Asset Fund)