Common use of Transfers of Shares Clause in Contracts

Transfers of Shares. Shares of any series of the Trust shall be transferable on the books of the Trust at the request of the record holder thereof in person or by a duly authorized attorney, upon presentation to the Trust or its transfer agent of a duly executed assignment or authority to transfer, or proper evidence of succession, and, if the shares are represented by a certificate, a duly endorsed certificate or certificates of shares surrendered for cancellation, and with such proof of the authenticity of the signatures and as to other relevant matters as the Trust or its transfer agent may reasonably require. The transfer shall be recorded on the books of the Trust, the old certificates, if any, shall be canceled, and the new record holder, upon request, shall be entitled to a new certificate or certificates.

Transfers of Shares. Shares of any series of the Trust shall be transferable on the books of the Trust at the request of the record holder thereof in person or by a duly authorized attorney, upon presentation to the Trust or its transfer agent of a duly executed assignment or authority to transfer, or proper evidence of succession, and, if the shares are represented by a certificate, a duly endorsed certificate or certificates of shares surrendered for cancellation, and with such proof of the authenticity of the signatures and as to other relevant matters as the Trust or its transfer agent may reasonably require. The transfer shall be recorded on the books of the Trust, Trust and the old certificates, if any, shall be canceledcancelled, and the new record holder, upon request, shall be entitled to a new certificate or certificates.