Common use of Prevention of Termination Clause in Contracts

Prevention of Termination. If NLCS wishes to dismiss the Chief Compliance Officer under the terms of NLCS’s arrangement with the Chief Compliance Officer, NLCS will present its plan of action to the Board prior to taking such action. Under such circumstances NLCS may, at its own discretion, offer to present another Chief Compliance Officer candidate to the Board that would work through NLCS. If the Board approves the new Chief Compliance Officer, the contract would continue as amended to reflect the new Chief Compliance Officer. If, the Board chooses to engage its own Chief Compliance Officer as a result of NLCS dismissing the Chief Compliance Officer under this Agreement, the contract with NLCS would end, and the Trust would pay NLCS only for fees and Out of Pocket Expenses accrued up to the point in time when the Board’s new Chief Compliance Officer officially assumes responsibility.

Prevention of Termination. If NLCS wishes to dismiss the Chief Compliance Officer under the terms of NLCS’s arrangement with the Chief Compliance Officer, NLCS NLCS, to the extent possible, will present its plan of action to the Board prior to taking such action. Under such circumstances circumstances, NLCS may, at its own discretion, offer to present another Chief Compliance Officer candidate to the Board that would work through NLCS. If the Board approves the new Chief Compliance Officer, the contract would this Agreement will continue as and be deemed amended to reflect the new Chief Compliance Officer. If, If the Board chooses to engage its own Chief Compliance Officer chief compliance officer as a result of NLCS dismissing the Chief Compliance Officer under this Agreement, the contract with NLCS would endthis Agreement will terminate, and the Trust would will be obligated to pay NLCS only for fees and Out of Pocket Expenses reimbursable expenses accrued up to the point in time when the Board’s new Chief Compliance Officer chief compliance officer officially assumes responsibility.

Prevention of Termination. If NLCS wishes to dismiss the Chief Compliance Officer under the terms of NLCS’s arrangement contract with the Chief Compliance Officer, then NLCS will present its plan of action to the Board prior to taking such action. Under such circumstances NLCS may, at its own discretion, offer to present another Chief Compliance Officer candidate to the Board that would work through NLCS. If the Board approves the new Chief Compliance Officer, the contract would continue as amended to reflect the new Chief Compliance Officer. If, the Board chooses to engage its own Chief Compliance Officer as a result of NLCS dismissing the Chief Compliance Officer under this Agreement, the contract with NLCS would end, and the Trust would pay NLCS only for fees and Out of Pocket Expenses accrued up to the point in time when the Board’s new Chief Compliance Officer officially assumes responsibility.

Prevention of Termination. If NLCS wishes to dismiss the Chief Compliance Officer under the terms of NLCS’s arrangement with the Chief Compliance Officer, NLCS NLCS, to the extent possible, will present its plan of action to the Board prior to taking such action. Under such circumstances circumstances, NLCS may, at its own discretion, offer to present another Chief Compliance Officer candidate to the Board that would work through NLCS. If the Board approves the new Chief Compliance Officer, the contract would this Agreement will continue as and be deemed amended to reflect the new Chief Compliance Officer. If, If the Board chooses to engage its own Chief Compliance Officer chief compliance officer as a result of NLCS dismissing the Chief Compliance Officer under this Agreement, the contract with NLCS would endthis Agreement will terminate, and the Trust would will be obligated to pay NLCS only for fees and Out of Pocket Expenses out-of-pocket expenses accrued up to the point in time when the Board’s new Chief Compliance Officer chief compliance officer officially assumes responsibility.

Prevention of Termination. If NLCS wishes to dismiss the Chief Compliance Officer under the terms of NLCS’s arrangement with the Chief Compliance Officer, NLCS NLCS, to the extent possible, will present its plan of action to the Board prior to taking such action. Under such circumstances circumstances, NLCS may, at its own discretion, offer to present another Chief Compliance Officer candidate to the Board that would work through NLCS. If the Board approves the new Chief Compliance Officer, the contract would this Agreement will continue as and be deemed amended to reflect the new Chief Compliance Officer. If, If the Board chooses to engage its own Chief Compliance Officer chief compliance officer as a result of NLCS dismissing the Chief Compliance Officer under this Agreement, the contract with NLCS would endthis Agreement will terminate, and the Trust would Fund will be obligated to pay NLCS only for fees and Out of Pocket Expenses out-of-pocket expenses accrued up to the point in time when the Board’s new Chief Compliance Officer chief compliance officer officially assumes responsibility.

Prevention of Termination. If NLCS wishes to dismiss the Chief Compliance Officer under the terms of NLCS’s arrangement with the Chief Compliance Officer, NLCS NLCS, to the extent possible, will present its plan of action to the Board prior to taking such action. Under such circumstances circumstances, NLCS may, at its own discretion, offer to present another Chief Compliance Officer candidate to the Board that would work through NLCS. If the Board approves the new Chief Compliance Officer, the contract would this Agreement will continue as and be deemed amended to reflect the new Chief Compliance Officer. If, If the Board chooses to engage its own Chief Compliance Officer chief compliance officer as a result of NLCS dismissing the Chief Compliance Officer under this Agreement, the contract with NLCS would endthis Agreement will terminate, and the Trust would Fund will be obligated to pay NLCS only for fees and Out of Pocket Expenses reimbursable expenses accrued up to the point in time when the Board’s new Chief Compliance Officer chief compliance officer officially assumes responsibility.

Prevention of Termination. If NLCS wishes to dismiss the Chief Compliance Officer under the terms of NLCS’s arrangement with the Chief Compliance Officer, NLCS will present its plan of action to the Board prior to taking such action. Under such circumstances circumstances, NLCS may, at its own discretion, offer to present another Chief Compliance Officer candidate to the Board that would work through NLCS. If the Board approves the new Chief Compliance Officer, the contract would this Agreement will continue as and be deemed amended to reflect the new Chief Compliance Officer. If, the Board chooses to engage its own Chief Compliance Officer chief compliance officer as a result of NLCS dismissing the Chief Compliance Officer under this Agreement, the contract with NLCS would endthis Agreement will terminate, and the Trust would will be obligated to pay NLCS only for fees and Out of Pocket Expenses accrued up to the point in time when NLCS ceases to provide services to the Board’s new Chief Compliance Officer officially assumes responsibilityTrust.

Prevention of Termination. If NLCS wishes to dismiss the Chief Compliance Officer under the terms of NLCS’s arrangement with the Chief Compliance Officer, NLCS NLCS, to the extent possible, will present its plan of action to the Board prior to taking such action. Under such circumstances circumstances, NLCS may, at its own discretion, offer to present another Chief Compliance Officer candidate to the Board that would work through NLCS. If the Board approves the new Chief Compliance Officer, the contract would this Agreement will continue as and be deemed amended to reflect the new Chief Compliance Officer. If, If the Board chooses to engage its own Chief Compliance Officer chief compliance officer as a result of NLCS dismissing the Chief Compliance Officer under this Agreement, the contract with NLCS would endthis Agreement will terminate, and the Trust would Company will be obligated to pay NLCS only for fees and Out of Pocket Expenses reimbursable expenses accrued up to the point in time when the Board’s new Chief Compliance Officer chief compliance officer officially assumes responsibility.

Prevention of Termination. If NLCS wishes to dismiss the Chief Compliance Officer under the terms of NLCS’s ’ arrangement with the Chief Compliance Officer, NLCS will present its plan of action to the Board prior to taking such action. Under such circumstances circumstances, NLCS may, at its own discretion, offer to present another Chief Compliance Officer candidate to the Board that would work through NLCS. If the Board approves the new Chief Compliance Officer, the contract would this Agreement will continue as and be deemed amended to reflect the new Chief Compliance Officer. If, the Board chooses to engage its own Chief Compliance Officer chief compliance officer as a result of NLCS dismissing the Chief Compliance Officer under this Agreement, the contract with NLCS would endthis Agreement will terminate, and the Trust would will be obligated to pay NLCS only for fees and Out of Pocket Expenses accrued up to the point in time when NLCS ceases to provide services to the Board’s new Chief Compliance Officer officially assumes responsibilityTrust.

Prevention of Termination. If NLCS wishes to dismiss the Chief Compliance Officer under the terms of NLCS’s arrangement with the Chief Compliance Officer, NLCS will present its plan of action to the Board prior to taking such action. Under such circumstances NLCS may, at its own discretion, offer to present another Chief Compliance Officer candidate to the Board that would work through NLCS. If the Board approves the new Chief Compliance Officer, the contract would continue as amended to reflect the new Chief Compliance Officer. If, the Board chooses to engage its own Chief Compliance Officer as a result of NLCS dismissing the Chief Compliance Officer under this Agreement, the contract with NLCS would end, and the Trust Company would pay NLCS only for fees and Out of Pocket Expenses accrued up to the point in time when the Board’s new Chief Compliance Officer officially assumes responsibility.

Prevention of Termination. If NLCS wishes to dismiss the Chief Compliance Officer under the terms of NLCS’s arrangement with the Chief Compliance Officer, NLCS NLCS, to the extent possible, will present its plan of action to the Board prior to taking such action. Under such circumstances circumstances, NLCS may, at its own discretion, offer to present another Chief Compliance Officer candidate to the Board that would work through NLCS. If the Board approves the new Chief Compliance Officer, the contract would this Agreement will continue as and be deemed amended to reflect the new Chief Compliance Officer. If, If the Board chooses to engage its own Chief Compliance Officer chief compliance officer as a result of NLCS dismissing the Chief Compliance Officer under this Agreement, the contract with NLCS would endthis Agreement will terminate, and the Trust would will be obligated to pay NLCS only for non-disputed fees and Out of Pocket Expenses reimbursable expenses accrued up to the point in time when the Board’s new Chief Compliance Officer chief compliance officer officially assumes responsibility.