Common use of Term and Continuation Clause in Contracts

Term and Continuation. This Agreement shall take effect as of the date hereof, and shall remain in effect, unless sooner terminated as provided herein, until two years from the date of this Agreement, and shall continue thereafter on an annual basis with respect to each Portfolio, provided that such continuance is specifically approved at least annually (a) by the vote of a majority of the Board of Trustees of the Trust, or (b) by vote of a majority of the outstanding voting shares of the Portfolios, and provided continuance is also approved by the vote of a majority of the Board of Trustees of the Trust who are not parties to this Agreement or "interested persons" (as defined in the 0000 Xxx) of the Trust, or PAS, cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated:

Term and Continuation. This Agreement shall take effect as of the date hereofindicated above, and shall remain in effect, unless sooner terminated as provided herein, until two years for one year from the date of this Agreementsuch date, and shall continue thereafter on an annual basis with respect to each Portfolio, Portfolio provided that such continuance is specifically approved at least annually (a) by the vote of a majority of the Board of Trustees of the Trust, or (b) by vote of a majority of the outstanding voting shares of the Portfolios, and provided continuance is also approved by the vote of a majority of the Board of Trustees of the Trust who are not parties to this Agreement or "“interested persons" ” (as defined in the 0000 Xxx) of the Trust, or PASPIMCO, cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated:

Term and Continuation. This Agreement shall take effect as of the --------------------- date hereofindicated above, and shall remain in effect, unless sooner terminated as provided herein, until for two years from the date of this Agreementsuch date, and shall continue thereafter on an annual basis with respect to each Portfolio, Portfolio provided that such continuance is specifically approved at least annually (a) by the vote of a majority of the Board of Trustees of the Trust, or (b) by vote of a majority of the outstanding voting shares of the Portfolios, and provided continuance is also approved by the vote of a majority of the Board of Trustees of the Trust who are not parties to this Agreement or "interested persons" (as defined in the 0000 Xxx) of the Trust, PIMCO or PASPALP, cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated:

Term and Continuation. This Agreement shall take effect as of the date hereofindicated above, and shall remain in effect, effect unless sooner terminated as provided herein, until for two years from the date of this Agreementsuch date, and shall continue thereafter on an annual basis with respect to each Portfolio, the Fund provided that such continuance is specifically approved at least annually (a) by the vote of a majority of the Board of Trustees of the Trust, or (b) by vote of a majority of the outstanding voting shares of the PortfoliosFund, and provided continuance is also approved by the vote of a majority of the Board of Trustees of the Trust who are not parties to this Agreement or "interested persons" (as defined in the 0000 Xxx) of the Trust, Trust or PASthe Administrator, cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated:

Term and Continuation. This Agreement shall take effect as of the date hereofindicated above, and shall remain in effect, unless sooner terminated as provided herein, until for two years from the date of this Agreementsuch date, and shall continue thereafter on an annual basis with respect to each Portfolio, Portfolio provided that such continuance is specifically approved at least annually (a) by the vote of a majority of the Board of Trustees of the Trust, or (b) by vote of a majority of the outstanding voting shares of the Portfolios, and provided continuance is also approved by the vote of a majority of the Board of Trustees of the Trust who are not parties to this Agreement or "interested persons" (as defined in the 0000 Xxx) of the Trust, or PASPIMCO, cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated:

Term and Continuation. This Agreement shall take effect as of the --------------------- date hereof, and shall remain in effect, unless sooner terminated as provided herein, until two years from the date of this Agreement, and shall continue thereafter on an annual basis with respect to each PortfolioFund, provided that such continuance is specifically approved at least annually (a) by the vote of a majority of the Board of Trustees of the Trust, or (b) by vote of a majority of the outstanding voting shares of the PortfoliosFunds, and provided continuance is also approved by the vote of a majority of the Board of Trustees of the Trust who are not parties to this Agreement or "interested persons" (as defined in the 0000 Xxx) of the Trust, or PASPALP, cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated:

Term and Continuation. This Agreement shall take effect as of the date hereof, and shall remain in effect, unless sooner terminated as provided herein, until two years from the date of this Agreement, and shall continue thereafter on an annual basis with respect to each Portfolio, provided that such continuance is specifically approved at least annually (a) by the vote of a majority of the Board of Trustees of the Trust, or (b) by vote of a majority of the outstanding voting shares of the Portfolios, and provided continuance is also approved by the vote of a majority of the Board of Trustees of the Trust who are not parties to this Agreement or "interested persons" (as defined in the 0000 Xxx) of the Trust, or PASPFA, cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated:

Term and Continuation. This Agreement shall take effect as of --------------------- the date hereofindicated above, and shall remain in effect, unless sooner terminated as provided herein, until for two years from the date of this Agreementsuch date, and shall continue thereafter on an annual basis with respect to each Portfolio, Portfolio provided that such continuance is specifically approved at least annually (a) by the vote of a majority of the Board of Trustees of the Trust, or (b) by vote of a majority of the outstanding voting shares of the Portfolios, and provided continuance is also approved by the vote of a majority of the Board of Trustees of the Trust who are not parties to this Agreement or "interested persons" (as defined in the 0000 Xxx) of the Trust, or PASPIMCO, cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated: