Common use of Meetings and Notice Clause in Contracts

Meetings and Notice. No annual or regular meeting of Shareholders is required; however, the Trustees may call meetings to take action on matters which require Shareholder vote and for other matters which the Trustees determine Shareholder vote is necessary or desirable. The Trustees shall give Shareholders written notice of any Shareholder meeting by mailing such notice, postage prepaid, at least seven days before the meeting date to each Shareholder at the Shareholder's address as it appears on the records of the Trust. The notice shall state the purpose of the meeting. Upon written request of Shareholders holding 10% or more of the then outstanding Shares, the Trustees shall call a meeting to vote upon the removal of a Trustee. If the Trustees do not call a Shareholder meeting within 30 days after receipt of the written request, Shareholders holding 10% or more the then outstanding Shares may call a meeting for that purpose giving notice and following the procedures governing Trustee-called meetings, set forth in this Agreement. No notice is required for adjourned sessions which are held within a reasonable time after the original meeting.

Appears in 2 contracts

Samples: Funds Master Trust Agreement (Lindbergh Funds), Master Trust Agreement (Pauze Swanson United Services Funds)

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Meetings and Notice. No annual or regular meeting of Shareholders is required; however, the Trustees may call meetings to take action on matters which require Shareholder vote and for other matters which the Trustees determine Shareholder vote is necessary or desirable. The Trustees shall give Shareholders written notice of any Shareholder meeting by mailing such notice, postage prepaid, at least seven days before the meeting date to each Shareholder at the Shareholder's address as it appears on the records of the Trust. The notice shall state the purpose of the meeting. Upon written request of Shareholders holding 10% or more of the then outstanding Shares, the Trustees shall call a meeting to vote upon the removal of a Trustee. If the Trustees do not call a Shareholder meeting within 30 days after receipt of the written request, Shareholders holding 10% or more of the then outstanding Shares may call a meeting for that purpose giving notice and following the procedures governing Trustee-called meetings, set forth in this Agreement. No notice is required for adjourned sessions which are held within a reasonable time after the original meeting.

Appears in 2 contracts

Samples: Senior Funds Master Trust Agreement (Senior Funds), Master Trust Agreement (Amerisen Funds)

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Meetings and Notice. No annual or regular meeting of Shareholders is required; however, the Trustees may call meetings to take action on matters which require Shareholder vote and for other matters which the Trustees determine Shareholder vote is necessary or desirable. The Trustees shall give Shareholders written notice of any Shareholder meeting by mailing such notice, postage prepaid, at least seven (7) days before the meeting date to each Shareholder at the Shareholder's address as it appears on the records of the Trust. The notice shall state the purpose of the meeting. Upon written request of Shareholders holding 10 percent (10% %) or more of the then outstanding Shares, the Trustees shall call a meeting to vote upon the removal of a Trustee. If the Trustees do not call a Shareholder meeting within 30 thirty (30) days after receipt of the written request, Shareholders holding 10 percent (10% %) or more of the then then-outstanding Shares may call a meeting for that purpose purpose, giving notice and following the procedures governing Trustee-called meetings, meetings set forth in this Agreement. No notice is required for adjourned sessions which are held within a reasonable time after the original meeting.

Appears in 1 contract

Samples: Master Trust Agreement (U S Global Accolade Funds)

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