Common use of Number and Qualification Clause in Contracts

Number and Qualification. The number of Trustees shall be determined by a written instrument signed by a majority of the Trustees then in office. No reduction in the number of Trustees shall have the effect of removing any Trustee from office prior to the expiration of his term. An individual nominated as a Trustee shall be at least 21 years of age and not older than 80 years of age at the time of nomination and not under legal disability. Trustees need not own Shares and may succeed themselves in office.

Number and Qualification. The number of Trustees shall be determined by a written instrument signed resolution adopted by a majority of the Trustees then in office. No reduction in the number of Trustees shall have the effect of removing any Trustee from office prior to the expiration of his term. An individual nominated as a Trustee shall be at least 21 years of age and not older than 80 years of age at the time of nomination and not under legal disability. Trustees need not own Shares and may succeed themselves in office.

Number and Qualification. The number of Trustees shall be determined given from time to time by a written instrument signed by a majority of the Trustees then in office, provided, however, that the number of Trustees shall in no event be less than three or more than eleven. No reduction in the number of Trustees shall have the effect of removing any Trustee from office prior to the expiration of his term. An individual nominated as a A Trustee shall be an individual at least 21 years of age and not older than 80 years of age at the time of nomination and who is not under legal disability. Trustees need not own Shares and may succeed themselves in office.