Suspension/Elimination of Compensation. Dealer acknowledges and agrees that the Fund may, upon forty-five days’ prior written notice to the Dealer, suspend or eliminate the payment of any compensation or other dealer compensation, by amendment, sticker, or supplement to the then current Prospectus for the Fund, except that the Fund may, without prior notice to Distributor, suspend or eliminate the payment of any compensation or other dealer compensation, by amendment, sticker, or supplement to the then current Prospectus for the Fund in cases where such suspension or elimination is required (a) pursuant to the dictates of any relevant regulatory agency with jurisdiction over the Fund, the Distributor, or the Dealer or (b) otherwise by operation of law.
Appears in 4 contracts
Samples: Selected Dealer Agreement (AIP Macro Registered Fund P), Selected Dealer Agreement (Alternative Investment Partners Absolute Return Fund II P), Selected Dealer Agreement (Alternative Investment Partners Absolute Return Fund STS)
