Requirements of agreement. Any Agreement related to this Plan shall be in writing, and shall provide: a. that such agreement may be terminated as to the Fund at any time, without payment of any penalty by the vote of a majority of the Independent [Directors][Trustees] or by a vote of a majority of the outstanding Class C shares of the Fund, on not more than sixty (60) days’ written notice to any other party to the agreement; and b. that such agreement shall terminate automatically in the event of its assignment.
Appears in 4 contracts
Samples: Plan of Distribution (American High-Income Municipal Bond Fund, Inc), Plan of Distribution (American High Income Trust), Plan of Distribution (Limited Term Tax Exempt Bond Fund of America)
Requirements of agreement. Any Agreement related to this Plan shall be in writing, and shall provide:
a. that such agreement may be terminated as to the Fund at any time, without payment of any penalty by the vote of a majority of the Independent [Directors][Trustees] or by a vote of a majority of the outstanding Class C B shares of the Fund, on not more than sixty (60) days’ written notice to any other party to the agreement; and
b. that such agreement shall terminate automatically in the event of its assignment.
Appears in 4 contracts
Samples: Plan of Distribution (American High Income Trust), Plan of Distribution (Limited Term Tax Exempt Bond Fund of America), Plan of Distribution (American High-Income Municipal Bond Fund, Inc)
Requirements of agreement. Any Agreement related to this Plan shall be in writing, and shall provide:
a. that such agreement may be terminated as to the Fund at any time, without payment of any penalty by the vote of a majority of the Independent [Directors][Trustees] or by a vote of a majority of the outstanding Class C F shares of the Fund, on not more than sixty (60) days’ written notice to any other party to the agreement; and
b. that such agreement shall terminate automatically in the event of its assignment.
Appears in 4 contracts
Samples: Plan of Distribution (American High-Income Municipal Bond Fund, Inc), Plan of Distribution (Limited Term Tax Exempt Bond Fund of America), Plan of Distribution (American High Income Trust)
Requirements of agreement. Any Agreement related to this Plan shall be in writing, and shall provide:
a. that such agreement Agreement may be terminated as to the Fund at any time, without payment of any penalty by the vote of a majority of the Independent [Directors][Trustees] Directors or by a vote of a majority of the outstanding Class C 529-A shares of the Fund, on not more than sixty (60) days’ written notice to any other party to the agreementAgreement; and
b. that such agreement Agreement shall terminate automatically in the event of its assignment.
Appears in 2 contracts
Samples: Plan of Distribution (American High Income Trust), Plan of Distribution (Cash Management Trust of America)
Requirements of agreement. Any Agreement agreement related to this Plan shall be in writing, and shall provide:
a. that such agreement may be terminated as to the Fund Series or a share class thereof at any time, without payment of any penalty penalty, by the vote of a majority of the Independent [Directors][Trustees] Trustees or by a vote of a majority of the outstanding Class C 4 shares of the each Fund, on not more than sixty (60) days’ ' written notice to any other party to the agreement; and
b. that such agreement shall terminate automatically in the event of its assignment.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization and Liquidation (American Funds Insurance Series), Administrative Services Agreement (American Funds Insurance Series)
Requirements of agreement. Any Agreement related to this Plan shall be in writing, and shall provide:
a. that such agreement Agreement may be terminated as to the Fund at any time, without payment of any penalty by the vote of a majority of the Independent [Directors][Trustees] or by a vote of a majority of the outstanding Class C 529-B shares of the Fund, on not more than sixty (60) days’ written notice to any other party to the agreementAgreement; and
b. that such agreement Agreement shall terminate automatically in the event of its assignment.
Appears in 2 contracts
Samples: Plan of Distribution (American High Income Trust), Plan of Distribution (Cash Management Trust of America)
Requirements of agreement. Any Agreement related to this Plan shall be in writing, and shall provide:
a. that such agreement Agreement may be terminated as to the Fund at any time, without payment of any penalty by the vote of a majority of the Independent [Directors][Trustees] or by a vote of a majority of the outstanding Class 529-C shares of the Fund, on not more than sixty (60) days’ written notice to any other party to the agreementAgreement; and
b. that such agreement Agreement shall terminate automatically in the event of its assignment.
Appears in 2 contracts
Samples: Plan of Distribution (American High Income Trust), Plan of Distribution (Cash Management Trust of America)
Requirements of agreement. Any Agreement related to this Plan shall be in writing, and shall provide:
a. that such agreement Agreement may be terminated as to the Fund at any time, without payment of any penalty by the vote of a majority of the Independent [Directors][Trustees] or by a vote of a majority of the outstanding Class C 529-F shares of the Fund, on not more than sixty (60) days’ written notice to any other party to the agreementAgreement; and
b. that such agreement Agreement shall terminate automatically in the event of its assignment.
Appears in 2 contracts
Samples: Plan of Distribution (Cash Management Trust of America), Plan of Distribution (American High Income Trust)
Requirements of agreement. Any Agreement agreement related to this Plan shall be in writing, and shall provide:
a. that such agreement may be terminated as to the Fund Series or a share class thereof at any time, without payment of any penalty penalty, by the vote of a majority of the Independent [Directors][Trustees] Trustees or by a vote of a majority of the outstanding Class C P1 or P2 shares of the each Fund, on not more than sixty (60) days’ ' written notice to any other party to the agreement; and
b. that such agreement shall terminate automatically in the event of its assignment.
Appears in 2 contracts
Samples: Administrative Services Agreement (American Funds Insurance Series), Agreement and Plan of Reorganization and Liquidation (American Funds Insurance Series)
Requirements of agreement. Any Agreement related to this Plan shall be in writing, and shall provide:
a. that such agreement Agreement may be terminated as to the Fund at any time, without payment of any penalty by the vote of a majority of the Independent [Directors][Trustees] or by a vote of a majority of the outstanding Class C 529-E shares of the Fund, on not more than sixty (60) days’ written notice to any other party to the agreementAgreement; and
b. that such agreement Agreement shall terminate automatically in the event of its assignment.
Appears in 2 contracts
Samples: Plan of Distribution (Cash Management Trust of America), Plan of Distribution (American High Income Trust)
Requirements of agreement. Any Agreement related to this Plan shall be in writing, and shall provide:
a. that such agreement Agreement may be terminated as to the Fund at any time, without payment of any penalty by the vote of a majority of the Independent [Directors][Trustees] or by a vote of a majority of the outstanding Class C R-1 shares of the Fund, on not more than sixty (60) days’ written notice to any other party to the agreementAgreement; and
b. that such agreement Agreement shall terminate automatically in the event of its assignment.
Appears in 1 contract
Samples: Plan of Distribution (U S Treasury Money Fund of America)
Requirements of agreement. Any Agreement related to this Plan shall be in writing, and shall provide:
a. that such agreement Agreement may be terminated as to the Fund at any time, without payment of any penalty by the vote of a majority of the Independent [Directors][Trustees] or by a vote of a majority of the outstanding Class C R-2 shares of the Fund, on not more than sixty (60) days’ written notice to any other party to the agreementAgreement; and
b. that such agreement Agreement shall terminate automatically in the event of its assignment.
Appears in 1 contract
Samples: Plan of Distribution (U S Treasury Money Fund of America)
Requirements of agreement. Any Agreement related to this Plan shall be in writing, and shall provide:
a. that such agreement Agreement may be terminated as to the Fund at any time, without payment of any penalty by the vote of a majority of the Independent [Directors][Trustees] or by a vote of a majority of the outstanding Class C R-4 shares of the Fund, on not more than sixty (60) days’ written notice to any other party to the agreementAgreement; and
b. that such agreement Agreement shall terminate automatically in the event of its assignment.
Appears in 1 contract
Samples: Plan of Distribution (U S Treasury Money Fund of America)
Requirements of agreement. Any Agreement related to this Plan shall be in writing, and shall provide:
a. that such agreement Agreement may be terminated as to the Fund at any time, without payment of any penalty by the vote of a majority of the Independent [Directors][Trustees] or by a vote of a majority of the outstanding Class C R-3 shares of the Fund, on not more than sixty (60) days’ written notice to any other party to the agreementAgreement; and
b. that such agreement Agreement shall terminate automatically in the event of its assignment.
Appears in 1 contract
Samples: Plan of Distribution (U S Treasury Money Fund of America)