Resignation by Chief Compliance Officer Sample Clauses

Resignation by Chief Compliance Officer. If the Chief Compliance Officer voluntarily resigns, at the discretion of both parties, NLCS may present an alternative Chief Compliance Officer for Board consideration and approval to continue Chief Compliance Officer duties under this Agreement. If the Board chooses to end its relationship with NLCS as a result of such voluntary resignation by the Chief Compliance Officer, 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. NLCS will make every effort to assist the Board in a smooth transition during this period.
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Resignation by Chief Compliance Officer. If the Chief Compliance Officer voluntarily resigns, NLCS may, but shall not be obligated to, present an alternative Chief Compliance Officer for Board consideration and approval to continue performing the duties under this Agreement. If the Board chooses to end its relationship with NLCS as a result of such voluntary resignation by the Chief Compliance Officer, this Agreement will terminate, and the Trust will be obligated to pay NLCS only for fees and out-of-pocket expenses accrued up to the point in time when the Chief Compliance Officer’s resignation becomes effective.
Resignation by Chief Compliance Officer. If the Chief Compliance Officer voluntarily resigns, at the discretion of both parties, FCS may present an alternative Chief Compliance Officer for Board consideration and approval to continue Chief Compliance Officer duties under this Agreement. If the Board chooses to end it’s relationship with FCS as a result of such voluntary resignation by the Chief Compliance Officer, the contract with FCS would end, and the Fund would pay FCS 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. FCS will make every effort to assist the Board in a smooth transition during this period.
Resignation by Chief Compliance Officer. If the Chief Compliance Officer voluntarily resigns as Chief Compliance Officer of a Company or a Fund, CCS may present for consideration by the applicable board of directors or trustees an alternative Chief Compliance Officer to continue Chief Compliance Officer duties under this Agreement. If the applicable board of directors or trustees chooses to end its relationship with CCS with respect to that Company or Fund as a result of such voluntary resignation by the Chief Compliance Officer, the contract with CCS would end with respect to that Company or Fund and the applicable Company or Fund would pay CCS only for such fees and out-of-pocket expenses (as defined in Schedule B hereto) as are accrued up to the time when the new Chief Compliance Officer retained by such board of directors or trustees officially assumes responsibility. CCS will make every effort to assist the applicable board of directors or trustees in a smooth transition during this period.
Resignation by Chief Compliance Officer. If the Chief Compliance Officer voluntarily resigns, at the discretion of both parties, AP may present an alternative Chief Compliance Officer for Board consideration and approval to continue Chief Compliance Officer duties under this Agreement. If the Board chooses to end its relationship with AP with respect to chief compliance officer services as a result of such voluntary resignation by the Chief Compliance Officer, this Agreement would end, and the Trust would pay AP 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. AP will make every effort to assist the Board in a smooth transition during this period.
Resignation by Chief Compliance Officer. If the Chief Compliance Officer voluntarily resigns, at the discretion of both parties, CAG may present an alternative Chief Compliance Officer for Board consideration and approval to continue Chief Compliance Officer duties under this Agreement. If the Board chooses to end its relationship with CAG as a result of such voluntary resignation by the Chief Compliance Officer, this Agreement would end, and the Trust would pay CAG 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. CAG will make every effort to assist the Board in a smooth transition during this period.
Resignation by Chief Compliance Officer. If the Chief Compliance Officer voluntarily resigns, at the discretion of both parties, GH may present an alternative Chief Compliance Officer for Board consideration and approval to continue Chief Compliance Officer duties under this Agreement. If the Board chooses to end its relationship with GH as a result of such voluntary resignation by the Chief Compliance Officer, this Agreement would end, and the Trust would pay GH 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. GH will make every effort to assist the Board in a smooth transition during this period.
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Resignation by Chief Compliance Officer. If the Chief Compliance Officer voluntarily resigns, at the discretion of both parties, RC may present an alternative Chief Compliance Officer for Board consideration and approval to continue Chief Compliance Officer duties under this Agreement. If the Board chooses to end its relationship with RC as a result of such voluntary resignation by the Chief Compliance Officer, this Agreement would end, and the Trust would pay RC 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. RC will make every effort to assist the Board in a smooth transition during this period.

Related to Resignation by Chief Compliance Officer

  • Chief Executive Officer The Chief Executive Officer shall, under the direction of the Member and Board of Managers, perform all duties incident to the office of Chief Executive Officer, have general charge of the business, affairs and property of the LLC and general supervision over the other Officers and any of the LLC's employees and agents and see that all orders and resolutions of the LLC are carried into effect.

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