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.
Appears in 20 contracts
Samples: Consulting Agreement (Northern Lights Fund Trust Iii), Consulting Agreement (Advisorone Funds), Consulting Agreement (Advisorone Funds)
Resignation by Chief Compliance Officer. If the Chief Compliance Officer voluntarily resigns, at the discretion of both partiesNLCS may, NLCS may but shall not be obligated to, present an alternative Chief Compliance Officer for Board consideration and approval to continue Chief Compliance Officer 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, 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 officially assumes responsibility. NLCS will make every effort to assist the Board in a smooth transition during this periodOfficer’s resignation becomes effective.
Appears in 16 contracts
Samples: Consulting Agreement (Exchange Place Advisors Trust), Consulting Agreement (Ultimus Managers Trust), Consulting Agreement (Longleaf Partners Funds Trust)
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 this Agreement 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.
Appears in 7 contracts
Samples: Consulting Agreement (North Country Funds), Consulting Agreement (North Country Funds), Consulting Agreement (Northern Lights Fund Trust)
Resignation by Chief Compliance Officer. If the Chief Compliance Officer voluntarily resigns, at the discretion of both partiesNLCS may, NLCS may but shall not be obligated to, 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 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 officially assumes responsibility. NLCS will make every effort to assist the Board in a smooth transition during this periodOfficer’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, at the discretion of both partiesNLCS may, NLCS may but shall not be obligated to, present an alternative Chief Compliance Officer for Board consideration and approval to continue Chief Compliance Officer 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, 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 officially assumes responsibility. NLCS will make every effort to assist the Board in a smooth transition during this periodOfficer’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, at the discretion of both partiesNLCS may, NLCS may but shall not be obligated to, 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 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 officially assumes responsibility. NLCS will make every effort to assist the Board in a smooth transition during this periodOfficer’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, at the discretion of both partiesNLCS may, NLCS may but shall not be obligated to, 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 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 officially assumes responsibility. NLCS will make every effort to assist the Board in a smooth transition during this periodOfficer’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, at the discretion of both partiesNLCS may, NLCS may but shall not be obligated to, 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 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 officially assumes responsibility. NLCS will make every effort to assist the Board in a smooth transition during this periodOfficer’s resignation becomes effective.
Appears in 2 contracts
Samples: Consulting Agreement (Dupree Mutual Funds), Consulting Agreement (Dupree Mutual Funds)
Resignation by Chief Compliance Officer. If the Chief Compliance Officer voluntarily resigns, at the discretion of both partiesNLCS may, NLCS may but shall not be obligated to, present an alternative Chief Compliance Officer for Board consideration and approval to continue Chief Compliance Officer 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, the contract with NLCS would endthis Agreement will terminate, and the Adviser or 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 officially assumes responsibility. NLCS will make every effort to assist the Board in a smooth transition during this periodOfficer’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, 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 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. NLCS will make every effort to assist the Board in a smooth transition during this period.
Appears in 1 contract
Samples: Consulting Agreement (Santa Barbara Group of Mutual Funds Inc)
