Common use of Override Provisions Clause in Contracts

Override Provisions. Notwithstanding any other provision of this Agreement, (i) prior to this Agreement being approved by a vote of a majority of the Portfolio's outstanding voting securities in accordance with the 1940 Act, in no event shall compensation paid to the Subadvisor hereunder exceed the amount permitted by Rule 15a-4 under the 1940 Act, and (ii) if this Agreement is not approved by a vote of a majority of the Portfolio's outstanding voting securities in accordance with the 1940 Act no later than 150 days after the date of this Agreement, this Agreement shall immediately terminate.

Appears in 6 contracts

Samples: Investment Subadvisory Agreement (Diversified Investors Funds Group), Investment Subadvisory Agreement (Diversified Investors Strategic Allocation Funds), Investment Subadvisory Agreement (Diversified Investors Strategic Allocation Funds)

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Override Provisions. Notwithstanding any other provision of this Agreement, (i) prior to this Agreement being approved by a vote of a majority of the Portfolio's outstanding voting securities in accordance with the 1940 Act, in no event shall compensation paid to the Subadvisor hereunder exceed the amount permitted by Rule 15a-4 15a-4(b)(1) under the 1940 Act, and (ii) if this Agreement is not approved by a vote of a majority of the Portfolio's outstanding voting securities in accordance with the 1940 Act no later than 150 days after the date of this AgreementJuly 30, 2001, this Agreement shall immediately terminate.

Appears in 3 contracts

Samples: Investment Subadvisory Agreement (Diversified Investors Variable Funds), Investment Subadvisory Agreement (Diversified Investors Strategic Variable Funds), Investment Subadvisory Agreement (Diversified Investors Funds Group I)

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