Common use of Continuance Clause in Contracts

Continuance. This Plan shall continue in effect indefinitely, provided that such continuance is approved at least annually by a vote of a majority of the Board, and of the Qualified Board Members, cast in person at a meeting called for such purpose or by vote of at least a majority of the outstanding voting securities of the Class.

Appears in 5 contracts

Sources: 12b 1 Plan (Kemper Diversified Income Fund), 12b 1 Plan (Kemper Global International Series), 12b 1 Plan (Kemper Global International Series)