Common use of Third Party Distributors Clause in Contracts

Third Party Distributors. Licensee agrees that any third party distributors of the Funds will be subject to Citigroup's prior written approval, which approval may be withheld by Citigroup only if Citigroup reasonably believes such third party distributor would adversely affect Citigroup or any of the Citi Marks or the goodwill or reputation associated therewith, PROVIDED THAT the third party distributors of the Funds immediately prior to the Effective Date shall be deemed approved hereunder.