Common use of Meetings of Holders Clause in Contracts

Meetings of Holders. The Trustees shall not hold annual or regular meetings of Holders except as set forth herein. A special meeting may be called at any time by the Trustees or upon petition of Holders of not less than 51% of the Securities outstanding (unless substantially the same matter was voted on during the preceding 12 months), and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Securities outstanding for the purposes of voting upon the question of the removal of any Trustee or Trustees). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Securities outstanding present in person or by proxy if Holders of a majority of Securities outstanding on the record date are so represented. Each Security shall have one vote and may be voted in person or by duly executed proxy. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Investment Company owning Securities in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the Investment Company Act will be required to vote its Securities in proportion to the votes of all other Holders.

Meetings of Holders. The Trustees shall not hold annual or regular meetings of Holders except to elect Trustees as set forth hereinprovided in Section 7.1. A special meeting may be called at any time by the Trustees or upon petition of Holders of not less than 51% of the Securities outstanding (unless substantially the same matter was voted on during the preceding 12 months), and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Securities outstanding for the purposes of voting upon the question of the removal of any Trustee or Trustees). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Securities outstanding present in person or by proxy if Holders of a majority of Securities outstanding on the record date are so represented. Each Security shall have one vote and may be voted in person or by duly executed proxy. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Investment Company owning Securities in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the Investment Company Act will be required to shall vote its Securities in proportion to the votes of all other Holders.

Meetings of Holders. (a) The Trustees shall not hold annual or regular meetings of Holders except as set forth herein. A special meeting may be called at any time by the Trustees or upon petition of Holders of not less more than 5150% of the Securities TrUEPrS outstanding (unless substantially the same matter was voted on during the preceding 12 months), and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act or pursuant to paragraph (v)(B) of the definition of Exchange Event and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Securities TrUEPrS outstanding for the purposes of voting upon the question of the removal of any Trustee or Trustees). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein herein, in the Prospectus (including, without limitation, changes to the Trust's fundamental policies set forth in the Prospectus) or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Securities TrUEPrS outstanding present in person or by proxy if Holders of a majority of Securities TrUEPrS outstanding on the record date are so represented. Each Security TrUEPrS shall have one vote and may be voted in person or by duly executed proxy; provided, however, that any investment company registered under the Investment Company Act and any company excepted from the definition of "Investment Company" pursuant to Section 3(c)(l) or 3(c)(7) of the Investment Company Act owning TrUEPrS in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the 1940 Act must vote their TrUEPrS in proportion to the vote of all other Holders of TrUEPrS that are not such investment companies registered under the Investment Company Act. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Investment Company owning Securities in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the Investment Company Act will be required to vote its Securities in proportion to the votes of all other Holders.

Meetings of Holders. The Trustees shall not hold annual or regular meetings of Holders except as set forth herein. A special meeting may be called at any time by the Trustees or upon petition of Holders of not less than 51% of the Securities TIMES outstanding (unless substantially the same matter was voted on during the preceding 12 months), and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Securities TIMES outstanding for the purposes of voting upon the question of the removal of any Trustee or Trustees). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Securities TIMES outstanding present in person or by proxy if Holders of a majority of Securities TIMES outstanding on the record date are so represented. Each Security TIMES shall have one vote and may be voted in person or by duly executed proxy. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Investment Company owning Securities in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the Investment Company Act will be required to vote its Securities in proportion to the votes of all other Holders.

Meetings of Holders. The Trustees shall not hold annual or regular meetings of Holders except as set forth herein. A special meeting may be called at any time by the Trustees or and shall be called upon petition of Holders of not less more than 5150% of the Trust Securities outstanding (unless substantially the same matter was voted on during the preceding 12 months), ) and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Trust Securities outstanding for the purposes of voting upon the question of the removal of any Trustee or Trustees). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Trust Securities outstanding present in person or by proxy if Holders of a majority of Trust Securities outstanding on the record date are so represented. Each Trust Security shall have one vote and may be voted in person or by duly executed proxy. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Investment Company owning Trust Securities in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the Investment Company Act will shall be required required, and automatically be deemed, to vote its Trust Securities in proportion to the votes of all other Holders. The exercise of voting rights or any other rights available to or in favor of the Holders or beneficial owners of the Trust to direct the actions of the Trustees or the Trust pursuant to this Agreement may be exercised only by (i) a United States Person that is a beneficial owner of a Trust Security or (ii) a United States Person acting as irrevocable agent with discretionary powers for a beneficial owner of a Trust Security that is not a United States Person. Holders or beneficial owners of the Trust that are not United States Persons agree to irrevocably appoint a United States Person with discretionary powers to act as their agent with respect to such voting and consensual rights, which United States Person shall exercise its own judgment with respect to the exercise of the Holder’s or beneficial owner’s rights under the Trust Agreement and shall not be subject to direction or veto by any other person. The Trustees shall disregard any votes cast or other rights exercised by a person that is not a United States Person, and no such votes or exercises of rights shall be valid. Holders and beneficial owners of the Trust agree to provide evidence satisfactory to the Trustees that they are United States Persons (for which purpose, providing a valid IRS Form W-9 to the Trustees shall be treated as satisfactory evidence) or that they have appointed a United States Person as irrevocable agent (so long as such Person remains a United States Person) with discretionary powers and that the United States Person is not subject to direction or veto by any other person. References in this Agreement to the exercise of voting rights or other rights to direct the actions of the Trustees or Trust pursuant to this Agreement by Holders shall be treated as including the exercise of such rights by a United States Person appointed as irrevocable agent as provided in this Section 8.1. For this purpose, a United States Person is any person treated as a United States Person as defined in section 7701(a)(30) of the Code.

Meetings of Holders. The Trustees shall not hold annual or regular meetings of Holders except as set forth herein. A special meeting may be called at any time by the Trustees or and shall be called upon petition of Holders of not less than 51% of the Trust Securities outstanding (unless substantially the same matter was voted on during the preceding 12 months), ) and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Trust Securities outstanding for the purposes of voting upon the question of the removal of any Trustee or Trustees). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Trust Securities outstanding present in person or by proxy if Holders of a majority of Trust Securities outstanding on the record date are so represented. Each Trust Security shall have one vote and may be voted in person or by duly executed proxy. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Investment Company owning Trust Securities in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C12 (d)(1)(C) of the Investment Company Act will be required to shall vote its Trust Securities in proportion to the votes of all other Holders. In addition, the Trustees will call a special meeting for purposes of the vote by Holders contemplated under the respective provisos to clauses (iv) and (v) of the definition of “Collateral Event of Default” under the Collateral Agreement (with a record date for such meeting that occurs at least 5 days prior to the end of the relevant cure period specified therein, as the same may be extended in accordance with such provisions) and, following any such vote, take such actions as required under the Collateral Agreement to give effect thereto (including any required instruction to the Collateral Agent). Voting and consensual rights with respect to the Trust available to or in favor of the Holders or owners may be exercised only by a United States Person that is a beneficial owner of a Trust Security or by a United States Person acting as irrevocable agent with discretionary powers for the beneficial owner of a Trust Security that is not a United States Person. Holders that are not United States Persons must irrevocably appoint a United States Person with discretionary powers to act as their agent with respect to such voting and consensual rights. For this purpose, a United States Person is any person treated as a United States Person as defined in section 7701(a)(30) of the Code.

Meetings of Holders. The Trustees shall not hold annual or regular meetings of Holders except as set forth herein. A special meeting may be called at any time by the Trustees or upon petition of Holders of not less than 51% of the Securities STRYPES outstanding (unless substantially the same matter was voted on during the preceding 12 months), and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Securities STRYPES outstanding for the purposes of voting upon the question of the removal of any Trustee or Trustees). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein herein, in the Prospectus (including, without limitation, changes to the Trust's fundamental policies set forth in the Prospectus) or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Securities STRYPES outstanding present in person or by proxy if Holders of a majority of Securities STRYPES outstanding on the record date are so represented. Each Security STRYPES shall have one vote and may be voted in person or by duly executed proxy. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Investment Company owning Securities in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the Investment Company Act will be required to vote its Securities in proportion to the votes of all other Holders.

Meetings of Holders. The Trustees shall not hold annual or regular meetings of Holders except as set forth hereinHolders. A special meeting may be called (i) at any time by the Trustees or for any reason, (ii) upon petition of Holders of not less than 51% of the Securities outstanding (unless substantially the same matter was voted on during the preceding 12 months), and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Securities outstanding for the purposes of voting upon the question of the removal of any Trustee or TrusteesTrustees as provided in Section 7.5 or (iii) as provided in Section 7.2 (or as otherwise required by the Investment Company Act and the rules and regulations thereunder). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Securities outstanding present in person or by proxy if Holders of a majority of Securities outstanding on the record date are so represented. Each Security shall have one vote and may be voted in person or by duly executed proxy. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Investment Company owning Securities in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the Investment Company Act will be required to shall vote its Securities in proportion to the votes of all other Holders. Voting and consensual rights with respect to the Trust available to or in favor of the Holders or owners may be exercised only by a United States Person that is a beneficial owner or a Security or by a United States Person acting as irrevocable agent with discretionary powers for the beneficial owner of a Security that is not a United States Person. Holders that are not United States Persons must irrevocably appoint a United States Person with discretionary powers to act as their agent with respect to such voting and consensual rights.

Meetings of Holders. The Trustees shall not hold annual or regular meetings of Holders except as set forth herein. A special meeting may be called at any time by the Trustees or upon petition of Holders of not less than 51% of the Securities STRYPES outstanding (unless substantially the same matter was voted on during the preceding 12 months), and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Securities STRYPES outstanding for the purposes of voting upon the question of the removal of any Trustee or Trustees). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Securities STRYPES outstanding present in person or by proxy if Holders of a majority of Securities STRYPES outstanding on the record date are so represented. Each Security STRYPES shall have one vote and may be voted in person or by duly executed proxy. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Investment Company owning Securities in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the Investment Company Act will be required to vote its Securities in proportion to the votes of all other Holders.

Meetings of Holders. The Trustees shall not hold annual or regular meetings of Holders except as set forth herein. A special meeting may be called at any time by the Trustees or upon petition of Holders of not less than 51% of the Securities outstanding (unless substantially the same matter was voted on during the preceding 12 months), and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Securities outstanding for the purposes of voting upon the question of the removal of any Trustee or Trustees). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Securities outstanding present in person or by proxy if Holders of a majority of Securities outstanding on the record date are so represented. Each Security shall have one vote and may be voted in person or by duly executed proxy. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Investment Company owning Securities in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the Investment Company Act will be required to shall vote its Securities in proportion to the votes of all other Holders.

Meetings of Holders. The Trustees shall not hold annual or regular meetings of Holders except as set forth herein. A special meeting may be called at any time by the Trustees or upon petition of Holders of not less more than 5150% of the Securities STRYPES outstanding (unless substantially the same matter was voted on during the preceding 12 months), and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Securities STRYPES outstanding for the purposes of voting upon the question of the removal of any Trustee or Trustees). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein herein, in the Prospectus (including, without limitation, changes to the Trust's fundamental policies set forth in the prospectus) or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Securities STRYPES outstanding present in person or by proxy if Holders of a majority of Securities STRYPES outstanding on the record date are so represented. Each Security STRYPES shall have one vote and may be voted in person or by duly executed proxy; provided, however, that any investment company registered under the Investment Company Act of 1940, as amended (the "1940 Act"), owning STRYPES in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the 1940 Act must vote their STRYPES in proportion to the vote of all other Holders of STRYPES that are not investment companies registered under the 1940 Act. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Investment Company owning Securities in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the Investment Company Act will be required to vote its Securities in proportion to the votes of all other Holders.

Meetings of Holders. The Trustees shall not hold annual or regular meetings of Holders except as set forth hereinherein and except as may be required under the rules of the New York Stock Exchange. A special meeting may be called at any time by the Trustees or upon petition of Holders of not less than 51% of the Securities STRYPES outstanding (unless substantially the same matter was voted on during the preceding 12 months), and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Securities STRYPES outstanding for the purposes of voting upon the question of the removal of any Trustee or Trustees). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein herein, in the Prospectus (including, without limitation, changes to the Trust's fundamental policies set forth in the Prospectus) or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Securities STRYPES outstanding present in person or by proxy if Holders of a majority of Securities STRYPES outstanding on the record date are so represented. Each Security STRYPES shall have one vote and may be voted in person or by duly executed proxy. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Each STRYPES shall have one vote and may be voted in person or by duly executed proxy; provided, however, that any investment company registered under the Investment Company Act of 1940, as amended (the "1940 Act"), owning Securities STRYPES in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the Investment Company 1940 Act will be required to must vote its Securities their STRYPES in proportion to the votes vote of all other HoldersHolders that are not investment companies registered under the 1940 Act.

Meetings of Holders. The Trustees shall not hold annual or regular meetings of Holders except as set forth herein. A special meeting may be called at any time by the Trustees or upon petition of Holders of not less than 51% of the Securities PEPS outstanding (unless substantially the same matter was voted on during the preceding 12 months), and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Securities PEPS outstanding for the purposes purpose of voting upon the question of the removal of any Trustee or Trustees). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Securities PEPS outstanding present in person or by proxy if Holders of a majority of Securities PEPS outstanding on the record date are so represented. Each Security PEPS shall have one vote and may be voted in person or by duly executed proxy. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Investment Company owning Securities in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the Investment Company Act will be required to vote its Securities in proportion to the votes of all other Holders.

Meetings of Holders. The Trustees shall not hold annual or regular meetings of Holders except to elect Trustees as set forth hereinprovided in Section 7.1. A special meeting may be called at any time by the Trustees or upon petition of Holders of not less than 51% of the Securities outstanding (unless substantially the same matter was voted on during the preceding 12 months), and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Securities outstanding for the purposes of voting upon the question of the removal of any Trustee or Trustees). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Securities outstanding present in person or by proxy if Holders of a majority of Securities outstanding on the record date are so represented. Each Security shall have one vote and may be voted in person or by duly executed proxy. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Investment Company owning Securities in excess of the limits imposed by Sections 12(d)(1)(A)(i12(d)(1)(A) (i) and 12(d)(1)(C) of the Investment Company Act will be required to shall vote its Securities in proportion to the votes of all other Holders.

Meetings of Holders. The Trustees shall not hold annual or ------------------- regular meetings of Holders except as set forth herein. A special meeting may be called at any time by the Trustees or upon petition of Holders of not less more than 5150% of the Securities STRYPES outstanding (unless substantially the same matter was voted on during the preceding 12 months), and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Securities STRYPES outstanding for the purposes of voting upon the question of the removal of any Trustee or Trustees). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein herein, in the Prospectus (including, without limitation, changes to the Trust's fundamental policies set forth in the prospectus) or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Securities STRYPES outstanding present in person or by proxy if Holders of a majority of Securities STRYPES outstanding on the record date are so represented. Each Security STRYPES shall have one vote and may be voted in person or by duly executed proxy. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Investment Company owning Securities in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the Investment Company Act will be required to vote its Securities in proportion to the votes of all other Holders.

Meetings of Holders. The Trustees shall not hold annual or regular meetings of Holders except as set forth herein. A special meeting may be called at any time by the Trustees or and shall be called upon petition of Holders of not less than 51% of the Securities outstanding (unless substantially the same matter was voted on during the preceding 12 months), ) and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Securities outstanding for the purposes of voting upon the question of the removal of any Trustee or Trustees). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Securities outstanding present in person or by proxy if Holders of a majority of Securities outstanding on the record date are so represented. Each Security shall have one vote and may be voted in person or by duly executed proxy. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Investment Company owning Securities in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the Investment Company Act will be required to shall vote its Securities in proportion to the votes of all other Holders. Voting and consensual rights with respect to the Trust available to or in favor of the Holders or owners may be exercised only by a United States Person that is a beneficial owner of a Security or by a United States Person acting as irrevocable agent with discretionary powers for the beneficial owner of a Security that is not a United States Person. Holders that are not United States Persons must irrevocably appoint a United States Person with discretionary powers to act as their agent with respect to such voting and consensual rights. For this purpose, a United States Person is any person treated as a United States Person as defined in section 7701(a)(30) of the Code.

Meetings of Holders. (a) The Trustees shall not hold annual or regular meetings of Holders except as set forth herein. A special meeting may be called at any time by the Trustees or upon petition of Holders of not less more than 5150% of the Securities TrUEPrS outstanding (unless substantially the same matter was voted on during the preceding 12 months), and shall be called as provided in Section 7.2 hereof (or as otherwise required by the Investment Company Act or pursuant to paragraph (v)(B) of the definition of Exchange Event and the rules and regulations thereunder, including, without limitation, when requested by the Holders of not less than 10% of the Securities TrUEPrS outstanding for the purposes of voting upon the question of the removal of any Trustee or Trustees). The Trustees shall establish, and notify the Holders in writing of, the record date for each such meeting which shall be not less than 10 nor more than 50 days before the meeting date. Holders at the close of business on the record date will be entitled to vote at the meeting. The Administrator shall, as soon as possible after any such record date (or prior to such record date if appropriate), mail by first class mail to each Holder a notice of meeting and a proxy statement and form of proxy in the form approved by the Trustees and complying with the Investment Company Act and the rules and regulations thereunder. Except as otherwise specified herein herein, in the Prospectus (including, without limitation, changes to the Trust's fundamental policies set forth in the Prospectus) or in any provision of the Investment Company Act and the rules and regulations thereunder, any action may be taken by vote of Holders of a majority of the Securities TrUEPrS outstanding present in person or by proxy if Holders of a majority of Securities TrUEPrS outstanding on the record date are so represented. Each Security TrUEPrS shall have one vote and may be voted in person or by duly executed proxy; provided, however, that any investment company registered under the Investment Company Act and any company excepted from the definition of "Investment Company" pursuant to Section 3(c)(1) or 3(c)(7) of the Investment Company Act owning TrUEPrS in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the 1940 Act must vote their TrUEPrS in proportion to the vote of all other Holders of TrUEPrS that are not such investment companies registered under the Investment Company Act. Any proxy may be revoked by notice in writing, by a subsequently dated proxy or by voting in person at the meeting, and no proxy shall be valid after eleven months following the date of its execution. Any Investment Company owning Securities in excess of the limits imposed by Sections 12(d)(1)(A)(i) and 12(d)(1)(C) of the Investment Company Act will be required to vote its Securities in proportion to the votes of all other Holders.