Common use of Renegotiation of Compensation Clause in Contracts

Renegotiation of Compensation. CFS agrees that if it provides services comparable to those contemplated by this Agreement to any other investment company or group of companies on terms and conditions more favorable than the terms and conditions applicable under this Agreement or in the event CMA sells or licenses the CTRAN system to parties other than investment companies advised by CMA that are parties to this Agreement, the parties hereto agree to negotiate in good faith as to whether some adjustment in the compensation arrangement hereunder might be appropriate. CFS and CMA agree to notify the Trustees of the Trusts of any plans to provide shareholder servicing and transfer agent services to other investment companies or to sell or lease the CTRAN system and will disclose to such Trustees all information concerning the terms and conditions on which such services will be provided or such sale or license is to be made.

Appears in 5 contracts

Samples: Shareholders' Servicing and Transfer Agent Agreement (Highland Floating Rate Advantage Fund), Shareholders' Servicing and Transfer Agent Agreement (Liberty Floating Rate Advantage Fund), Shareholders' Servicing and Transfer Agent Agreement (Liberty Funds Trust Vi)

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