Common use of TWELFTH Clause in Contracts

TWELFTH. This Agreement shall become effective with respect to each Fund as of the date hereof, shall continue in force and effect until November 30, 2003, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Fund at least annually (a)(i) by the Board of Trustees of the Trust or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the Trust's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 0000 Xxx) of any party to this Agreement cast in person at a meeting called for such purpose.

TWELFTH. This Agreement shall become effective with respect to each Fund as of the date hereof, shall continue in force and effect until November 30May 14, 2003, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Fund at least annually (a)(i) by the Board of Trustees of the Trust or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the Trust's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 0000 Xxx) of any party to this Agreement cast in person at a meeting called for such purpose.

TWELFTH. This Agreement shall become effective with respect to each Fund Portfolio as of the date hereof, shall continue in force and effect until November 30, 2003two years from the date hereof, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Fund Portfolio at least annually (a)(i) by the Board of Trustees Directors of the Trust Company or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the TrustCompany's trustees Directors who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 0000 1940 Xxx) of xx any party to this Agreement cast in person at a meeting called for such purpose.

TWELFTH. This Agreement shall become effective with respect to each Fund Portfolio as of the date hereof, shall continue in force and effect until November 30, 2003two years from the date hereof, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Fund Portfolio at least annually (a)(i) by the Board of Trustees of the Trust Company or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the TrustCompany's trustees Trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 0000 1940 Xxx) of xx any party to this Agreement cast in person at a meeting called for such purpose.

TWELFTH. This Agreement shall become effective with respect to each Fund Portfolio as of the date hereof, shall continue in force and effect until November 30, 2003two years from the date hereof, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Fund Portfolio at least annually (a)(i) by the Board of Trustees Directors of the Trust Company or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the TrustCompany's trustees Directors who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 0000 Xxx) of any party to this Agreement cast in person at a meeting called for such purpose.

TWELFTH. This Agreement shall become effective with respect to each Fund Portfolio as of the date hereof, shall continue in force and effect until November 30, 2003for two years from the date hereof, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Fund Portfolio at least annually (a)(i) by the Board of Trustees of the Trust Company or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the TrustCompany's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 0000 1940 Xxx) of xx any party to this Agreement cast in person at a meeting called for such purpose.

TWELFTH. This Agreement shall become effective with respect to each the Fund as of the date hereof, shall continue in force and effect until November 30__________, 2003, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such the Fund at least annually (a)(i) by the Board of Trustees of the Trust or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the Trust's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 0000 Xxx) of any party to this Agreement cast in person at a meeting called for such purpose.

TWELFTH. This Agreement shall become effective with respect to each Fund as of the date hereof, shall continue in force and effect until November 30__________, 2003, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Fund at least annually (a)(i) by the Board of Trustees of the Trust or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the Trust's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 0000 Xxx) of any party to this Agreement cast in person at a meeting called for such purpose.

TWELFTH. This Agreement shall become effective with respect to each the Fund as of the date hereof, shall continue in force and effect until November 30May 14, 2003, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such the Fund at least annually (a)(i) by the Board of Trustees of the Trust or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the Trust's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 0000 Xxx) of any party to this Agreement cast in person at a meeting called for such purpose.

TWELFTH. This Agreement shall become effective with respect to each Fund Portfolio as of the date hereof, shall continue in force and effect until November 30May 29, 20031999, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Fund Portfolio at least annually (a)(i) by the Board of Trustees of the Trust Company or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the TrustCompany's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 0000 Xxx) of any party to this Agreement cast in person at a meeting called for such purpose.

TWELFTH. This Agreement shall become effective with respect to each the Fund as of the date hereof, shall continue in force and effect until November 30, 2003for two years thereafter, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such the Fund at least annually (a)(i) by the Board of Trustees Directors of the Trust Fund or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the TrustFund's trustees directors who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 0000 1940 Xxx) of xx any party to this Agreement cast in person at a meeting called for such purpose.. THIRTEENTH:

TWELFTH. This Agreement shall become effective with respect to each Fund Portfolio as of the date hereof, shall continue in force and effect until November 30February 28, 20031999, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Fund Portfolio at least annually (a)(ia) (i) by the Board of Trustees of the Trust Company or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the TrustCompany's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 0000 1940 Xxx) of xx any party to this Agreement cast in person at a meeting called for such purpose.

TWELFTH. This Agreement shall become effective with respect to each Fund Portfolio as of the date hereof, shall continue in force and effect until November June 30, 20032001, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Fund Portfolio at least annually (a)(i) by the Board of Trustees of the Trust Company or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the TrustCompany's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 0000 Xxx1940 Act ) of any party to this Agreement cast in person at a meeting called for such purpose.

TWELFTH. This Agreement shall become effective with respect to each Fund as at the close of business on the date hereof, shall continue in force and effect until November 30, 2003have an initial term of two (2) years from the date hereof, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Fund at least annually (a)(i) by the Board of Trustees Directors of the Trust Company or (ii) by the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the TrustCompany's trustees directors who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 0000 Xxx) of any party to this Agreement cast in person at a meeting called for such purpose.

TWELFTH. This Agreement shall become effective with respect to each Fund Portfolio as of the date hereof, shall continue in force and effect until November June 30, 20032001, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Fund Portfolio at least annually (a)(ia) (i) by the Board of Trustees of the Trust Company or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the TrustCompany's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 0000 1940 Xxx) of xx any party to this Agreement cast in person at a meeting called for such purpose.