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 April 12, 2001, for the purpose of voting on this Plan, and shall take effect as of the date first set forth above, at which time it shall replace the Fund's Distribution and Service Plan for the shares dated December 1, 1993. 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 a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 1940 Act) of the Fund's outstanding Class C voting shares. In the event of such termination, xxx Xxxrd 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 Global Growth & Income Fund)
Effectiveness, Continuation, Termination and Amendment. This Amended and Restated Plan has been approved by a vote of the ---------------------------------------------------------- Board and its Independent Trustees Directors cast in person at a meeting called on April 12June 22, 20011995, for the purpose of voting on this Plan, and shall take effect as after approval by Class B shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Amended and Restated Distribution Plan adopted as of December 23, 1994 and Service Plan Amended and Restated Distribution Agreement for the shares Shares dated December 123, 19931994. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year thereafter or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees Directors 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 B Shareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent TrusteesDirectors. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees Directors or by the vote of the holders of a "majority" (as defined in the 1940 Act0000 Xxx) of the Fund's outstanding Class C voting sharessecurities of the Class. In the event of such termination, xxx Xxxrd the Board and its Independent Trustees Directors 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 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 April 12June 22, 2001, 1995 for the purpose of voting on this Plan, and shall take effect as after approval by Class C shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Plan and Agreement of Distribution and Service Plan for the shares dated December Shares made as of September 1, 1993, as amended February 1, 1995. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year from the date first set forth above or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose 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 a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 1940 Act0000 Xxx) of the Fund's outstanding Class C voting sharessecurities of the Class. In the event of such termination, xxx Xxxrd 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 (Quest for Value Family of Funds)
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 April 12June 22, 2001, 1995 for the purpose of voting on this Plan, and shall take effect as after approval by Class C shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Plan and Agreement of Distribution and Service Plan for the shares dated December Shares made as of September 1, 1993, and as amended February 1, 1995. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year from the date first set forth above or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose 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 a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 1940 Act0000 Xxx) of the Fund's outstanding Class C voting sharessecurities of the Class. In the event of such termination, xxx Xxxrd 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 (Quest for Value Family of 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 April 12October 10, 2001, 1996 for the purpose of voting on this Plan, and shall take effect as of the date first set forth above, at which time it shall should replace the Fund's Distribution and Service Plan for the shares dated December 1, 1993. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule December 31, 1997 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 purpose 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 a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 1940 Act0000 Xxx) of the Fund's outstanding Class C voting shares. In the event of such termination, xxx Xxxrd 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 Multiple Strategies 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 April 12June 22, 2001, 1995 for the purpose of voting on this Plan, and shall take effect as after approval by Class C shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Plan and Agreement of Distribution and Service Plan for the shares dated December Shares made as of September 1, 1993, as amended February 1, 1995. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year from the date first set forth above or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose 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 a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 1940 Act) of the Fund's outstanding Class C voting sharessecurities xx xxx Class. In the event of such termination, xxx Xxxrd 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 Quest for Value 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 April 12October 16, 20011995, for the purpose of voting on this Plan, and shall take effect as after approved by Class B shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Distribution and Service Plan and Agreement for the shares dated December Shares adopted May 1, 19931995. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year from the date first set forth above or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose B 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 a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 1940 Act) of the Fund's outstanding Class C voting sharessecurities of the Class. In the event of such termination, xxx Xxxrd 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 Amended and Restated Plan has been approved by a vote of the ---------------------------------------------------------- Board and its Independent Trustees Directors cast in person at a meeting called on April 12June 22, 20011995, for the purpose of voting on this Plan, and shall take effect as after approval by Class B shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Amended and Restated Distribution Plan adopted as of December 23, 1994 and Service Plan Amended and Restated Distribution Agreement for the shares Shares dated December 123, 19931994. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year thereafter or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees Directors 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 B Shareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent TrusteesDirectors. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees Directors or by the vote of the holders of a "majority" (as defined in the 1940 Act1000 Xxx) of the Fund's outstanding Class C voting sharessecurities of the Class. In the event of such termination, xxx Xxxrd the Board and its Independent Trustees Directors 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 Quest Value 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 April 12October 10, 20011996, for the purpose of voting on this Plan, and shall take effect as of the date first set forth above, at which time it shall should replace the Fund's Distribution and Service Plan for the shares dated December 1August 29, 19931995. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule December 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 B Shareholders at a meeting called for that purpose 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 a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 1940 Act0000 Xxx) of the Fund's outstanding Class C B voting shares. In the event of such termination, xxx Xxxrd 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 Multiple Strategies Fund)
Effectiveness, Continuation, Termination and Amendment. This Amended and Restated Plan has been approved by a vote of the ---------------------------------------------------------- Board and its Independent Trustees Directors cast in person at a meeting called on April 12June 22, 2001, 1995 for the purpose of voting on this Plan, and shall take effect as after approval by Class A shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Plan and Agreement of Distribution and Service Plan for the shares dated December Shares made as of June 21, 1990 as amended as of July 27, 1992 and September 1, 1993. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year from the date first set forth above or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees Directors 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 Shareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent TrusteesDirectors. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees Directors or by the vote of the holders of a "majority" (as defined in the 1940 Act1000 Xxx) of the Fund's outstanding Class C voting sharessecurities of the Class. In the event of such termination, xxx Xxxrd the Board and its Independent Trustees Directors 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 Quest Global Value 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 April 12October 16, 20011995, for the purpose of voting on this Plan, and shall take effect as after approved by Class B shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Distribution and Service Plan and Agreement for the shares dated December Shares adopted May 1, 19931995. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year from the date first set forth above or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose B 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 a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 1940 Act0000 Xxx) of the Fund's outstanding Class C voting sharessecurities of the Class. In the event of such termination, xxx Xxxrd 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 Amended and Restated Plan has been approved by a vote of the ---------------------------------------------------------- Board and its Independent Trustees Directors cast in person at a meeting called on April 12June 22, 20011995, for the purpose of voting on this Plan, and shall take effect as after approval by Class B shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Amended and Restated Distribution and Service Plan adopted as of December 23, 1994 and the Amended and Restated Distribution Agreement for the shares Shares dated December 123, 19931994. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year thereafter or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees Directors 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 B Shareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent TrusteesDirectors. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees Directors or by the vote of the holders of a "majority" (as defined in the 1940 Act0000 Xxx) of the Fund's outstanding Class C voting sharessecurities of the Class. In the event of such termination, xxx Xxxrd the Board and its Independent Trustees Directors 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 (Quest for Value Global Equity Fund Inc)
Effectiveness, Continuation, Termination and Amendment. This Amended and Restated Plan has been approved by a vote of the ---------------------------------------------------------- Board and its Independent Trustees Directors cast in person at a meeting called on April 12June 22, 20011995, for the purpose of voting on this Plan, and shall take effect as after approval by Class B shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Amended and Restated Distribution and Service Plan adopted as of December 23, 1994 and the Amended and Restated Distribution Agreement for the shares Shares dated December 123, 19931994. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year thereafter or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees Directors 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 B Shareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent TrusteesDirectors. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees Directors or by the vote of the holders of a "majority" (as defined in the 1940 Act1000 Xxx) of the Fund's outstanding Class C voting sharessecurities of the Class. In the event of such termination, xxx Xxxrd the Board and its Independent Trustees Directors 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 Quest Global Value Fund Inc)
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 April 12June 22, 2001, 1995 for the purpose of voting on this Plan, and shall take effect as after approval by Class C shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Plan and Agreement of Distribution and Service Plan for the shares dated December Shares made as of September 1, 1993, and as amended February 1, 1995. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year from the date first set forth above or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose 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 a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 1940 Act) of the Fund's outstanding Class C voting sharessecurities xx xxx Xlass. In the event of such termination, xxx Xxxrd 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 Quest for Value Funds)
Effectiveness, Continuation, Termination and Amendment. This Amended and Restated Plan has been approved by a vote of the ---------------------------------------------------------- Board and its Independent Trustees Directors cast in person at a meeting called on April 12June 22, 2001, 1995 for the purpose of voting on this Plan, and shall take effect as after approval by Class A shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Plan and Agreement of Distribution and Service Plan for the shares dated December Shares made as of November 1, 1988 as amended as of July 27, 1992 and September 1, 1993. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year from the date first set forth above or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees Directors 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 A Shareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent TrusteesDirectors. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees Directors or by the vote of the holders of a "majority" (as defined in the 1940 Act1000 Xxx) of the Fund's outstanding Class C voting sharessecurities of the Class. In the event of such termination, xxx Xxxrd the Board and its Independent Trustees Directors 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 Quest Value Fund Inc)
Effectiveness, Continuation, Termination and Amendment. This Plan 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 April 12June 22, 2001, 1995 for the purpose of voting on this Plan, and shall take effect as after approval by Class C shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Plan and Agreement of Distribution and Service Plan for the shares dated December Shares made as of September 1, 1993, as amended February 1, 1995. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year from the date first set forth above or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose 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 a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 1940 Act0000 Xxx) of the Fund's outstanding Class C voting sharessecurities of the Class. In the event of such termination, xxx Xxxrd 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 (Quest for Value Family of 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 April 12October 16, 2001, 1995 for the purpose of voting on this Plan, and shall take effect as after approved by Class A shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Distribution Plan adopted May 1, 1992 and Service Plan for the shares dated December amended on May 1, 1993, July 22, 1993, May 1, 1994 and May 1, 1995. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year from the date first set forth above or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that 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 1940 Act0000 Xxx) of the Fund's outstanding Class C voting shares. In the event of such termination, xxx Xxxrd and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion securities of the Service Fee and/or Class. This Plan may not be amended to increase materially the Asset-Based Sales Charge amount of payments to be made without approval of the Class A Shareholders, in respect the manner described above, and all material amendments must be approved by a vote of Shares sold prior to the effective date Board and of such terminationthe Independent Trustees.
Appears in 1 contract
Samples: Service Plan and Agreement (Rochester Fund Municipals)
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 April 12June 22, 20011995, for the purpose of voting on this Plan, and shall take effect as after approval by Class B shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Amended and Restated Distribution Plan adopted as of December 23, 1994 and Service Plan the Amended and Restated Distribution for the shares Shares dated December 123, 19931994. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year thereafter or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose B 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 a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 1940 Act) of the Fund's outstanding Class C voting sharessecurities of xxx Xxxss. In the event of such termination, xxx Xxxrd 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 Quest for Value Funds)
Effectiveness, Continuation, Termination and Amendment. This Amended and Restated Plan has been approved by a vote of the ---------------------------------------------------------- Board and its Independent Trustees Directors cast in person at a meeting called on April 12June 22, 2001, 1995 for the purpose of voting on this Plan, and shall take effect as after approval by Class C shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Plan and Agreement of Distribution and Service Plan for the shares dated December Shares made as of September 1, 19931993 as amended February 1, 1995. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year from the date first set forth above or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees Directors 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 Shareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent TrusteesDirectors. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees Directors or by the vote of the holders of a "majority" (as defined in the 1940 Act0000 Xxx) of the Fund's outstanding Class C voting sharessecurities of the Class. In the event of such termination, xxx Xxxrd the Board and its Independent Trustees Directors 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-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 Amended and Restated Plan has been approved by a vote of the ---------------------------------------------------------- Board and its Independent Trustees Directors cast in person at a meeting called on April 12June 22, 2001, 1995 for the purpose of voting on this Plan, and shall take effect as after approval by Class C shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Plan and Agreement of Distribution and Service Plan for the shares dated December Shares made as of September 1, 19931993 as amended February 1, 1995. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year from the date first set forth above or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees Directors 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 Shareholders, in the manner described above, and all material amendments must be approved by a vote of the Board and of the Independent TrusteesDirectors. This Plan may be terminated at any time by a vote of a majority of the Independent Trustees Directors or by the vote of the holders of a "majority" (as defined in the 1940 Act1000 Xxx) of the Fund's outstanding Class C voting sharessecurities of the Class. In the event of such termination, xxx Xxxrd the Board and its Independent Trustees Directors 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 Quest Value Fund Inc)
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 April 12June 22, 20011995, for the purpose of voting on this Plan, and shall take effect as after approval by Class B shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Amended and Restated Distribution Plan adopted as of December 23, 1994 and Service Plan the Amended and Restated Distribution Agreement for the shares Shares dated December 123, 19931994. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year thereafter or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose B 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 a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 1940 Act) of the Fund's outstanding Class C voting sharessecurities of xxx Xxxss. In the event of such termination, xxx Xxxrd 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 Quest for Value Funds)
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 April 12June 22, 20011995, for the purpose of voting on this Plan, and shall take effect as after approval by Class B shareholders of the date first set forth aboveFund, at which time it shall replace the Fund's Amended and Restated Distribution Plan adopted as of December 23, 1994 and Service Plan the Amended and Restated Distribution for the shares Shares dated December 123, 19931994. Unless terminated as hereinafter provided, it shall continue in effect until renewed by the Board in accordance with the Rule and thereafter from year to year thereafter or as the Board may otherwise determine but only so long as such continuance is specifically approved at least annually by a vote of the Board and its Independent Trustees cast in person at a meeting called for the purpose of voting on such continuance. This Plan may not be amended to increase materially the amount of payments to be made under this Plan, without approval of the Class C Shareholders at a meeting called for that purpose B 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 a vote of a majority of the Independent Trustees or by the vote of the holders of a "majority" (as defined in the 1940 Act0000 Xxx) of the Fund's outstanding Class C voting sharessecurities of the Class. In the event of such termination, xxx Xxxrd 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 (Quest for Value Family of Funds)