Common use of Trustees Emeritus Clause in Contracts

Trustees Emeritus. An individual who has served as a Trustee for a minimum of ten (10) years and who has reached the age of eighty (80) years of age may be designated by the remaining Trustees as a Trustee Emeritus." The undersigned hereby certifies that the Amendment set forth above has been duly adopted in accordance with the provisions of the Agreement.

Trustees Emeritus. An individual who has served as a Trustee who is not an “interested person” of the Trust (as defined by the Investment Company Act of 1940, as amended) for a minimum of ten (10) years and who has reached the age of eighty (80) 77 years of age may be designated by the remaining Trustees as elect to become a Trustee Emeritus. Upon reaching age 77, emeritus status is mandatory, or else the Trustee will retire. Emeritus Trustees may serve in emeritus status for a maximum of five (5) years from the date emeritus status is achieved." ” The undersigned hereby certifies that the Amendment set forth above has been duly adopted in accordance with the provisions of the Agreement.

Trustees Emeritus. An individual who has been elected prior to December 31, 2006, has served as a Trustee who is not an “interested person” of the Trust (as defined by the Investment Company Act of 1940, as amended) for a minimum of ten (10) years and who has reached the age of eighty (80) years of age 80 may be designated by the remaining Trustees as a Trustee Emeritus. A Trustee Emeritus is entitled to serve in emeritus status for a maximum of 10 years." The undersigned hereby certifies that the Amendment set forth above has been duly adopted in accordance with the provisions of the Agreement.”

Trustees Emeritus. An individual who has served as a Trustee for a minimum of ten (10) years and who has reached the age of eighty (80) years of age may be designated by the remaining Trustees as a Trustee Emeritus." ” The undersigned hereby certifies that the Amendment set forth above has been duly adopted in accordance with the provisions of the Agreement.