Common use of Change Procedures Clause in Contracts

Change Procedures. (a) If either party wishes to propose any amendment or modification to, or variation of, the Services (including the scope or details of the Services) (a “Change”) then it shall notify the other party of that fact by sending a request (a “Change Request”) to the party, specifying in as much detail as is reasonably practicable the nature of the Change. A Change Request, and any related changes to the fees, also may be submitted to document a Change that was previously agreed to or performed by J.▇. ▇▇▇▇▇▇. (b) Promptly following the receipt of a Change Request, the parties shall agree whether to implement the Change Request, whether implementation of the Change Request should result in a modification of the fees contemplated by Section 6 of this Agreement, and the basis upon which J.▇. ▇▇▇▇▇▇ will be compensated for implementing the Change Request. (c) If a change to Applicable Law requires a Change, the parties shall follow the processes set forth in this Section to initiate a Change Request. If the change in Applicable Law results in a change to the Services, or an increase in J.▇. ▇▇▇▇▇▇’▇ costs or risk associated with provision of the Services, the parties agree to negotiate in good faith a reasonable increase in the fees commensurate with the change in costs or risks associated with providing the services due to the change in Applicable Law. J.▇. ▇▇▇▇▇▇ shall bear its own costs with respect to implementing a Change Request based upon a change to Applicable Law, except that: i. The parties agree to negotiate in good faith a charge to the Trust for any changes to software that has been developed or customized for the Trust; and ii. The parties agree to negotiate in good faith a charge to the Trust for any changes required as a result of the change in Applicable Law affecting the Trust in a materially different way than it affects J.▇. ▇▇▇▇▇▇’▇ other customers, or which the Trust wishes J.▇. ▇▇▇▇▇▇ to implement in a way different from what J.▇. ▇▇▇▇▇▇ reasonably intends to implement for its other customers.

Change Procedures. (a) If either party wishes to propose any amendment or modification to, or variation of, the Services (including the scope or details of the Services) (a “Change”) then it shall notify the other party of that fact by sending a request (a “Change Request”) to the party, specifying in as much detail as is reasonably practicable the nature of the Change. A Change Request, and any related changes to the fees, also may be submitted to document a Change that was previously agreed to or performed by J.▇. ▇▇▇▇▇▇. (b) Promptly following the receipt of a Change Request, the parties shall agree whether to implement the Change Request, whether implementation of the Change Request should result in a modification of the fees contemplated by Section 6 of this Agreement, and the basis upon which J.▇. ▇▇▇▇▇▇ will be compensated for implementing the Change Request. (c) If a change to Applicable Law requires a Change, the parties shall follow the processes set forth in this Section to initiate a Change RequestR equest. If the change in Applicable Law results in a change to the Services, or an increase in J.▇. ▇▇▇▇▇▇’▇ costs or risk associated with provision of the Services, the parties agree J.▇. ▇▇▇▇▇▇ shall be entitled to negotiate in good faith a reasonable make an appropriate increase in the fees commensurate with the change in costs or risks associated with providing the services due to the change in Applicable Lawfees. J.▇. ▇▇▇▇▇▇ shall bear its own costs with respect to implementing a Change Request based upon a change to Applicable Law, except that: i. The If mutually agreed upon by the parties agree in writing, J.▇. ▇▇▇▇▇▇ shall be entitled to negotiate in good faith a charge to the Trust for any changes to software that has have been developed or customized for the Trust; and ii. The If mutually agreed upon by the parties agree in writing, J.▇. ▇▇▇▇▇▇ shall be entitled to negotiate in good faith a charge to the Trust for any changes required as a result of the change in Applicable Law affecting the Trust in a materially different way than it affects J.▇. ▇▇▇▇▇▇’▇ other customers, or which the Trust wishes J.▇. ▇▇▇▇▇▇ to implement in a way different from what J.▇. ▇▇▇▇▇▇ reasonably intends to implement for its other customers.

Change Procedures. (a) If either party wishes to propose any amendment or modification to, or variation of, the Services (including the scope or details of the Services) (a “Change”) then it shall notify the other party of that fact by sending a request (a “Change Request”) to the party, specifying in as much detail as is reasonably practicable the nature of the Change. A Change Request, and any related changes to the fees, also may be submitted to document a Change that was previously agreed to or performed by J.▇.▇. ▇▇▇▇▇▇. (b) Promptly following the receipt of a Change Request, the parties shall agree whether to implement the Change ETF Agency Services Agreement – August 2021 Request, whether implementation of the Change Request should result in a modification of the fees contemplated by Section 6 of this Agreement, and the basis upon which J.▇.▇. ▇▇▇▇▇▇ will be compensated for implementing the Change Request. (c) If a change to Applicable Law requires a Change, the parties shall follow the processes set forth in this Section to initiate a Change Request. If the change in Applicable Law results in a change to the Services, or an increase in J.▇.▇. ▇▇▇▇▇▇’▇ costs or risk associated with provision of the Services, the parties agree to negotiate in good faith a reasonable increase in the fees commensurate commenserate with the change in costs or risks associated with providing the services due to the change in Applicable Law. J.. ▇.▇. ▇▇▇▇▇▇ shall bear its own costs with respect to implementing a Change Request based upon a change to Applicable Law, except that: i. The parties agree to negotiate in good faith a charge acharge to the Trust for any changes to software that has been developed or customized for the Trust; and ii. The parties agree to negotiate in good faith a charge to the Trust for any changes required as a result of the change in Applicable Law affecting the Trust in a materially different way than it affects J.▇.▇. ▇▇▇▇▇▇’▇ other customers, or which the Trust wishes J.▇.▇. ▇▇▇▇▇▇ to implement in a way different from what J.▇.▇. ▇▇▇▇▇▇ reasonably intends to implement for its other customers.

Change Procedures. (a) If either party wishes to propose any amendment or modification to, or variation of, the Services (including the scope or details of the Services) (a “Change”) then it shall notify the other party of that fact by sending a request (a “Change Request”) to the party, specifying in as much detail as is reasonably practicable the nature of the Change. A Change Request, and any related changes to the fees, also may be submitted to document a Change that was previously agreed to or performed by J.▇. ▇▇▇▇▇▇. (b) Promptly following the receipt of a Change Request, the parties shall agree whether to implement the Change Request, whether implementation of the Change Request should result in a modification of the fees contemplated by Section 6 of this Agreement, and the basis upon which J.▇. ▇▇▇▇▇▇ will be compensated for implementing the Change Request. (c) If a change to Applicable Law requires a Change, the parties shall follow the processes set forth in this Section to initiate a Change Request. If the change in Applicable Law results in a change to the Services, or an increase in J.▇. ▇▇▇▇▇▇’▇ costs or risk associated with provision of the Services, the parties agree J.▇. ▇▇▇▇▇▇ shall be entitled to negotiate in good faith a reasonable make an appropriate increase in the fees commensurate with the change in costs or risks associated with providing the services due to the change in Applicable Lawfees. J.▇. ▇▇▇▇▇▇ shall bear its own costs with respect to implementing a Change Request based upon a change to Applicable Law, except that:: ETF Agency Services Agreement - August 2021 i. The parties agree J.▇. ▇▇▇▇▇▇ shall be entitled to negotiate in good faith a charge to the Trust for any changes to software that has been developed or customized for the Trust; and ii. The parties agree J.▇. ▇▇▇▇▇▇ shall be entitled to negotiate in good faith a charge to the Trust for any changes required as a result of the change in Applicable Law affecting the Trust in a materially different way than it affects J.▇. ▇▇▇▇▇▇’▇ other customers, or which the Trust wishes J.▇. ▇▇▇▇▇▇ to implement in a way different from what J.▇. ▇▇▇▇▇▇ reasonably intends to implement for its other customers.

Change Procedures. (a) If either party Party wishes to propose any amendment or modification to, or variation of, the Services (including the scope or details of the Services) (a “Change”) then it shall notify the other party Party of that fact by sending a request (a “Change Request”) to the partyParty, specifying in as much detail as is reasonably practicable the nature of the Change. A Change Request, and any related changes to the fees, also may be submitted to document a Change that was previously agreed to or performed by J.▇.▇. ▇▇▇▇▇▇. (b) Promptly following the receipt of a Change Request, the parties Parties shall agree whether to implement the Change Request, whether implementation of the Change Request should result in a modification of the fees contemplated by Section 6 of this Agreement, and the basis upon which J.▇.▇. ▇▇▇▇▇▇ will be compensated for implementing the Change Request.. ETF Agency Services Agreement – 2025 (c) If a change to Applicable Law requires a Change, the parties Parties shall follow the processes set forth in this Section to initiate a Change Request. If the change in Applicable Law results in a change to the Services, or an increase in J.▇.▇. ▇▇▇▇▇▇’▇ costs or risk associated with provision of the Services, the parties agree ▇.▇. ▇▇▇▇▇▇ shall be entitled to negotiate in good faith a reasonable make an appropriate increase in the fees commensurate with the change in costs or risks associated with providing the services due to the change in Applicable Lawfees. J.▇.▇. ▇▇▇▇▇▇ shall bear its own costs with respect to implementing a Change Request based upon a change to Applicable Law, except that: i. The (i) If mutually agreed upon by the parties agree in writing, ▇.▇. ▇▇▇▇▇▇ shall be entitled to negotiate in good faith a charge to the Trust for any changes to software that has been developed or customized for the Trust; and (ii) If mutually agreed upon by the parties in writing, ▇.▇. The parties agree ▇▇▇▇▇▇ shall be entitled to negotiate in good faith a charge to the Trust for any changes required as a result of the change in Applicable Law affecting the Trust in a materially different way than it affects J.▇.▇. ▇▇▇▇▇▇’▇ other customers, or which the Trust wishes J.▇.▇. ▇▇▇▇▇▇ to implement in a way different from what J.▇.▇. ▇▇▇▇▇▇ reasonably intends to implement for its other customers.

Change Procedures. (a) If either party wishes to propose any amendment or modification to, or variation of, the Services (including the scope or details of the Services) (a “Change”) then it shall notify the other party of that fact by sending a request (a “Change Request”) to the party, specifying in as much detail as is reasonably practicable the nature of the Change. A Change Request, and any related changes to the fees, also may be submitted to document a Change that was previously agreed to or performed by J.▇.▇. ▇▇▇▇▇▇. (b) Promptly following the receipt of a Change Request, the parties shall agree whether to implement the Change Request, whether implementation of the Change Request should result in a modification of the fees contemplated by Section 6 of this Agreement, and the basis upon which J.▇.▇. ▇▇▇▇▇▇ will be compensated for implementing the Change Request. (c) If a change to Applicable Law requires a Change, the parties shall follow the processes set forth in this Section to initiate a Change Request. If the change in Applicable Law results in a change to the Services, or an increase in J.▇.▇. ▇▇▇▇▇▇’▇ costs or risk associated with provision of the Services, the parties agree ▇.▇. ▇▇▇▇▇▇ shall be entitled to negotiate in good faith a reasonable make an appropriate increase in the fees commensurate with the change in costs or risks associated with providing the services due to the change in Applicable Lawfees. J.▇.▇. ▇▇▇▇▇▇ shall bear its own costs with respect to implementing a Change Request based upon a change to Applicable Law, except that: i. The parties agree ▇.▇. ▇▇▇▇▇▇ shall be entitled to negotiate in good faith a charge to the Trust for any changes to software that has been developed or customized for the Trust; and ii. The parties agree ▇.▇. ▇▇▇▇▇▇ shall be entitled to negotiate in good faith a charge to the Trust for any changes required as a result of the change in Applicable Law affecting the Trust in a materially different way than it affects J.▇.▇. ▇▇▇▇▇▇’▇ other customers, or which the Trust wishes J.▇.▇. ▇▇▇▇▇▇ to implement in a way different from what J.▇.▇. ▇▇▇▇▇▇ reasonably intends to implement for its other customers.