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 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 reimbursable expenses accrued up to the point in time when the Chief Compliance Officer’s resignation becomes effective.
Appears in 15 contracts
Samples: Consulting Agreement (Ultimus Managers Trust), Consulting Agreement (Longleaf Partners Funds Trust), Consulting Agreement (Atlas U.S. Tactical Income Fund)
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 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, this Agreement will terminate, and the Trust Fund will be obligated to pay NLCS only for fees and reimbursable out-of-pocket expenses accrued up to the point in time when the Chief Compliance Officer’s resignation becomes effective.
Appears in 6 contracts
Samples: Consulting Agreement (Alternative Strategies Fund), Consulting Agreement (Primark Private Equity Fund), Consulting Agreement (Ellington Income Opportunities Fund)
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 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 Fund will be obligated to pay NLCS only for fees and reimbursable expenses accrued up to the point in time when the Chief Compliance Officer’s resignation becomes effective.
Appears in 4 contracts
Samples: Consulting Agreement (North Square Evanston Multi-Alpha Fund), Consulting Agreement (Peak Income Plus Fund), Consulting Agreement (Lind Capital Partners Municipal Credit Income Fund)
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 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 reimbursable out-of-pocket expenses accrued up to the point in time when the Chief Compliance Officer’s resignation becomes effective.
Appears in 2 contracts
Samples: Consulting Agreement (Northern Lights Fund Trust Ii), Consulting Agreement (Two Roads Shared Trust)
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 reimbursable out-of-pocket expenses accrued up to the point in time when the Chief Compliance Officer’s resignation becomes effective.
Appears in 2 contracts
Samples: Consulting Agreement (Northern Lights Fund Trust Iii), Consulting Agreement (Northern Lights Fund Trust Iii)
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 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 Adviser or the Trust will be obligated to pay NLCS only for fees and reimbursable out-of-pocket expenses accrued up to the point in time when the Chief Compliance Officer’s resignation becomes effective.
Appears in 2 contracts
Samples: Consulting Agreement (VELA Funds), Consulting Agreement (VELA Funds)
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 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, this Agreement will terminate, and the Trust will be obligated to pay NLCS only for fees and reimbursable out-of-pocket expenses accrued up to the point in time when the Chief Compliance Officer’s resignation becomes effective.
Appears in 2 contracts
Samples: Consulting Agreement (Advisorone Funds), Consulting Agreement (Northern Lights Fund Trust Ii)
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 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 reimbursable expenses Out of Pocket Expenses accrued up to the point in time when NLCS ceases to provide services to the Chief Compliance Officer’s resignation becomes effectiveTrust.
Appears in 2 contracts
Samples: Consulting Agreement (Leader Funds Trust), Consulting Agreement (Leader Funds Trust)
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 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, this Agreement will terminate, and the Trust Fund will be obligated to pay NLCS only for fees and reimbursable expenses accrued up to the point in time when the Chief Compliance Officer’s resignation becomes effective.
Appears in 2 contracts
Samples: Consulting Agreement (Dynamic Alternatives Fund), Consulting Agreement (Dynamic Alternatives Fund)
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 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, this Agreement will terminate, and the Trust will be obligated to pay NLCS only for fees and reimbursable expenses accrued up to the point in time when the Chief Compliance Officer’s resignation becomes effective.
Appears in 1 contract
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 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 Company will be obligated to pay NLCS only for fees and reimbursable expenses accrued up to the point in time when the Chief Compliance Officer’s resignation becomes effective.
Appears in 1 contract
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 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, this Agreement will terminate, and the Trust will be obligated to pay NLCS only for fees and reimbursable out-of-pocket expenses accrued up to the point in time when the Chief Compliance Officer’s 's resignation becomes effective.
Appears in 1 contract
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 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, this Agreement will terminate, and the Trust will be obligated to pay NLCS only for fees and reimbursable expenses Out of Pocket Expenses accrued up to the point in time when NLCS ceases to provide services to the Chief Compliance Officer’s resignation becomes effectiveTrust.
Appears in 1 contract
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 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, this Agreement will terminate, and the Trust Company will be obligated to pay NLCS only for fees and reimbursable expenses accrued up to the point in time when the Chief Compliance Officer’s resignation becomes effective.
Appears in 1 contract
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 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 non-disputed fees and reimbursable expenses accrued up to the point in time when the Chief Compliance Officer’s resignation becomes effective.
Appears in 1 contract
Samples: Consulting Agreement (Cantor Select Portfolios Trust)
