Review by Board of Trustees. The Board of Trustees of the Trust has a duty to request and evaluate, and the Agent agrees to provide, upon request by the Trust, such information as may be reasonably necessary to make an informed determination of whether the Plan should be implemented or continued and whether payments should be authorized or ratified. In fulfilling their duties under this Section, the Trustees of the Trust should consider and give appropriate weight to all factors pertinent to the continued use of the Fund's assets for the Plan. Minutes describing the factors considered and the basis for the Trustees' decision to use the Fund's assets for the Plan must be made and preserved in accordance with Rule 12b-1 under the 1940 Act.
Review by Board of Trustees. The case shall be reviewed by the Board of Trustees as follows: 16
Review by Board of Trustees. The Original Rights Agreement is hereby amended by adding the following new Section 37:
Review by Board of Trustees. The Board of Trustees shall, at least once every three (3) years, commencing in 2003, review this Agreement to determine whether it should be continued or revoked. Following such determination, the Board of Trustees shall take actions as they deem appropriate to reflect their determination. The obligations of the Board of Trustees under this Section 37 may be delegated to a committee of the Board of Trustees.
