Common use of Additional Advisors Clause in Contracts

Additional Advisors. The privilege of making recommendations shall be extended to those individuals listed in the agreement establishing the fund or thereafter named by the Donors. Donors with a starting balance of $25,000 - $500,000 can name one successive generation of Advisors. Donors with a starting balance of $500,000 and up can name two successive generations of Advisors. All requests to change or add advisors must be communicated in writing by the Donor(s) establishing the fund.

Additional Advisors. The privilege of making recommendations shall be extended to those individuals listed in the agreement establishing the fund or thereafter named by the DonorsDonor(s). Donors Donor(s) with a starting balance of $25,000 50,000 - $500,000 can name one successive generation of Advisors. Donors Donor(s) with a starting balance of $500,000 and up can name two successive generations of Advisors. All requests to change or add advisors must be communicated in writing by the Donor(s) establishing the fund.