Common use of Establishment and Designation by Action of the Trustees Clause in Contracts

Establishment and Designation by Action of the Trustees. The Trustees hereby establish and designate the Portfolios and Classes listed on Schedule A attached hereto and made a part hereof. Each additional Portfolio and the Classes of such additional Portfolio shall be established by the adoption of a resolution adopted by a majority of the Trustees. Each such resolution is incorporated herein by reference and made a part of the Declaration of Trust whether or not expressly stated in such resolution, and shall be effective upon the occurrence of both (a) the date stated therein (or, if no such date is stated, upon the date of such adoption) and (b) the execution of an amendment either to this Declaration of Trust or to Schedule A hereto establishing and designating such additional Portfolios and Classes.

Establishment and Designation by Action of the Trustees. The Trustees hereby establish and designate the Portfolios and Classes listed on Schedule SCHEDULE A attached hereto and made a part hereof. Each additional Portfolio and the Classes of such additional Portfolio shall be established by the adoption of a resolution adopted by a majority of the Trustees. Each such resolution is incorporated herein by reference and made a part of the Declaration of Trust whether or not expressly stated in such resolution, and shall be effective upon the occurrence of both (a) the date stated therein (or, if no such date is stated, upon the date of such adoption) and (b) the execution of an amendment either to this Declaration of Trust or to Schedule SCHEDULE A hereto establishing and designating such additional Portfolios and Classes.

Establishment and Designation by Action of the Trustees. The Trustees hereby establish ratify the establishment and designate designation of the Portfolios Series and Classes listed on Schedule A attached hereto and made a part hereof. Each additional Portfolio Series and the Classes of such additional Portfolio Series shall be established by the adoption of a resolution adopted by a majority of the Trustees. Each such resolution is incorporated herein by reference and made a part of the Declaration of Trust whether or not expressly stated in such resolution, and shall be effective upon the occurrence of both (a) the date stated therein (or, if no such date is stated, upon the date of such adoption) and (b) the execution of an amendment either to this Declaration of Trust or to Schedule A hereto establishing and designating such additional Portfolios Series and Classes.