Common use of Termination for Change in Control Clause in Contracts

Termination for Change in Control. (1) Voya may terminate the Agreement upon 60 days’ notice in the event of a Change in Control of BNY Mellon if: (a) during the first two years following a Change in Control of BNY Mellon, the successor service provider reassigns to another account of such service provider more than 20 percent of the individuals assigned to the Service Delivery Organization as of the date 30 days prior to such Change in Control, or (b) the successor service provider is a direct competitor of Voya.

Appears in 15 contracts

Samples: Services Agreement (Voya Enhanced Securitized Income Fund), Services Agreement (Voya MUTUAL FUNDS), Services Agreement (Voya Separate Portfolios Trust)

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