Merger or Consolidation Conversion Reorganization. Section 3.Master Feeder Structure Section 4.Absence of Appraisal or Dissenters’ Rights Section 5.Reclassification of the Trust ARTICLE IX AMENDMENTS Section 1.
Merger or Consolidation Conversion Reorganization. 18 (a) Merger or Consolidation................................18 (b) Conversion.............................................19 (c) Reorganization.........................................19 SECTION 4. RECLASSIFICATION OF THE TRUST..............................20
Merger or Consolidation Conversion Reorganization. (a) Merger or Consolidation Pursuant to an agreement of merger or consolidation, the Board, by vote of a majority of the Trustees, may cause the Trust to merge or consolidate with or into one or more statutory trusts or “other business entities” (as defined in Section 3801 of the DSTA) formed or organized or existing under the laws of the State of Delaware or any other state of the United States or any foreign country or other foreign jurisdiction. Any such merger or consolidation shall not require the vote of the Shareholders unless such vote is required by the 1940 Act; provided, however, that the Board shall provide at least thirty (30) days’ prior written notice to the Shareholders regarding such merger or consolidation. By reference to Section 3815(f) of the DSTA, any agreement of merger or consolidation approved in accordance with this Section 2(a) may, without a Shareholder vote, unless required by the 1940 Act, the requirements of any securities exchange on which Shares are listed for trading or any other provision of this Declaration of Trust or the Bylaws, effect any amendment to this Declaration of Trust or the Bylaws or effect the adoption of a new governing instrument if the Trust is the surviving or resulting statutory or business trust in the merger or consolidation, which amendment or new governing instrument shall be effective at the effective time or date of the merger or consolidation. In all respects not governed by the DSTA, the 1940 Act, other applicable law or the requirements of any securities exchange on which Shares are listed for trading, the Board shall have the power to prescribe and effect additional procedures, transactions or Persons necessary or appropriate to accomplish a merger or consolidation, including the power to create one or more separate statutory or business trusts to which all or any part of the assets, liabilities, profits or losses of the Trust may be transferred and to provide for the conversion of Shares into beneficial interests in such separate statutory or business trust or trusts. Upon completion of the merger or consolidation, if the Trust is the surviving or resulting statutory or business trust, any one (1) Trustee shall execute, and cause to be filed, a certificate of merger or consolidation in accordance with Section 3815 of the DSTA.
Merger or Consolidation Conversion Reorganization. 2 (a) Merger or Consolidation 2 (b) Conversion 2 (c) Reorganization 2 Section 3. Master Feeder Structure 2 Section 4. Absence of Appraisal or Dissenters' Rights 2 ARTICLE IX.
Merger or Consolidation Conversion Reorganization
