Management Contract; Proxy Statement Sample Clauses

Management Contract; Proxy Statement. (a) In anticipation of the Closing, and thereafter as necessary, the parties hereto shall cooperate, in a manner in compliance with the Investment Company Act, with one another to obtain approvals for each Fund to enter into a new management contract with MMA substantially the form attached hereto as Exhibit 6.1 (a) (the "New Management Contract"). MMA shall, in a manner in ------------- compliance with the Investment Company Act, use its commercially reasonable efforts to induce each Fund to call a meeting of its Board of Directors/Trustees and a meeting of its shareholders to consider and approve the entering by each Fund into the New Management Contract. (b) If the New Management Contract is approved by the Board of Directors/Trustees of each Fund, MMA shall assist each Fund to prepare and file with the SEC as soon as is reasonably practicable any proxy materials relating to the transactions contemplated by this Agreement that are required to be prepared and filed (the "Proxy Statement"). Any material provided by MMA or the Funds that is included in the Proxy Statement shall comply as to form in all material respects with all applicable requirements of federal securities laws and shall be accurate and complete and not contain any untrue statement of material fact, or omit to state any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances in which they were made, not misleading. MMA shall assist, in a manner in compliance with the federal securities laws and other applicable law, in the solicitation of proxies for the required shareholder meetings and shall use its commercially reasonable efforts to obtain approval from the shareholders and the Board of Directors/Trustees of each Fund of the matters referred to herein.
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Related to Management Contract; Proxy Statement

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  • EDD Independent Subrecipient Reporting Requirements Effective January 1, 2001, the County of Orange is required to file in accordance with subdivision (a) of Section 6041A of the Internal Revenue Code for services received from a “service provider” to whom the County pays $600 or more or with whom the County enters into a contract for $600 or more within a single calendar year. The purpose of this reporting requirement is to increase child support collection by helping to locate parents who are delinquent in their child support obligations. The term “service provider” is defined in California Unemployment Insurance Code Section 1088.8, Subparagraph B.2 as “an individual who is not an employee of the service recipient for California purposes and who received compensation or executes a contract for services performed for that service recipient within or without the State.” The term is further defined by the California Employment Development Department to refer specifically to independent Subrecipients. An independent Subrecipient is defined as “an individual who is not an employee of the ... government entity for California purposes and who receives compensation or executes a contract for services performed for that ... government entity either in or outside of California.” The reporting requirement does not apply to corporations, general partnerships, limited liability partnerships, and limited liability companies. Additional information on this reporting requirement can be found at the California Employment Development Department web site located at xxxx://xxx.xxx.xx.xxx/Employer_Services.htm

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