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 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 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 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, this Agreement will terminate, and the Fund 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 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, this Agreement will terminate, and the Fund 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 Chief Compliance Officer 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 Fund 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 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 Fund 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 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, 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, this Agreement will terminate, and the Fund 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)
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 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 Fund 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 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 Fund 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.
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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 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 Fund 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 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, this Agreement will terminate, and the Fund 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.
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