Common use of Additional Funds or Classes of Shares Clause in Contracts

Additional Funds or Classes of Shares. In the event that a Fund Company establishes one or more series or classes of shares after the Agreement Effective Date, each such series or class of shares shall become a Fund or class of shares of a Fund (if applicable), under this Agreement and shall be added to Schedule A, subject to approval by the Board, including the approval of a majority of the Board members who are not interested persons, by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 3 contracts

Samples: Distribution Agreement (Wilshire Variable Insurance Trust), Distribution Agreement (Wilshire Mutual Funds Inc), Distribution Agreement (Wilshire Variable Insurance Trust)

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Additional Funds or Classes of Shares. In the event that a Fund Company establishes one or more series or classes of shares after the Agreement Effective Date, each such series or class of shares shall become a Fund or class of shares of a Fund (if applicable), under this Agreement and shall be added to Schedule A, subject to approval by the Board, including the approval of a majority of the Board members who are not interested persons, by vote cast in person at a meeting called for the purpose of voting on such approval.A.

Appears in 2 contracts

Samples: Master Services Agreement (Wilshire Mutual Funds Inc), Master Services Agreement (Wilshire Variable Insurance Trust)

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Additional Funds or Classes of Shares. In the event that a Fund the Company establishes one or more series or classes of shares after the Agreement Agreement’s Effective Date, each such series or class of shares shall become a Fund or class of shares of a Fund (if applicable), under this Agreement and shall be added to Schedule A, subject to approval by the Board, including the approval of a majority of the Board members who are not interested persons, by vote cast in person at a meeting called for the purpose of voting on such approval.A.

Appears in 1 contract

Samples: Master Services Agreement (Spirit of America Investment Fund Inc)

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