Selection and Nomination of Trustees. While this Plan is in effect, the selection and nomination of persons to be Trustees of the Trustwho are not "interested persons" of the Trust("Disinterested Trustees") shall be committed to the discretion of the incumbent Disinterested Trustees. Nothing herein shall prevent the incumbent Disinterested Trustees from soliciting the views or the involvement of others in such selection or nominations as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Trustees.
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Samples: Distribution and Service Plan and Agreement (Oppenheimer Multi-State Municipal Trust), Distribution and Service Plan and Agreement (Oppenheimer Municipal Fund), Distribution and Service Plan and Agreement (Oppenheimer Municipal Fund)
Selection and Nomination of Trustees. While this Plan is in effect, the selection and nomination of persons to be Trustees of the Trustwho Trust who are not "interested persons" of the Trust("Disinterested Trust ("Disinterested Trustees") shall be committed to the discretion of such the incumbent Disinterested Trustees. Nothing herein shall prevent the incumbent Disinterested Trustees from soliciting the views or the involvement of others in such selection or nominations as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Trustees.
Appears in 1 contract
Samples: Distribution and Service Plan and Agreement (Rochester Portfolio Series)
Selection and Nomination of Trustees. While this Plan is in effect, the selection and nomination of those persons to be Trustees of the Trustwho Trust who are not "interested persons" of the Trust("Disinterested Trust ("Disinterested Trustees") shall be committed to the discretion of the incumbent Disinterested Trustees. Nothing herein shall prevent the incumbent Disinterested Trustees from soliciting the views or the involvement of others in such selection or nominations as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Trustees.
Appears in 1 contract
Samples: Distribution and Service Plan and Agreement (Oppenheimer Bond Fund Series)