Common use of Duration and Termination of Agreement Clause in Contracts

Duration and Termination of Agreement. This Agreement shall remain in effect until the second anniversary of the date on which it was executed, and from year to year thereafter, but only so long as such continuance is specifically approved at least annually by a majority of the Board of Trustees and a majority of the Trustees who are not interested persons (as defined in the 0000 Xxx) of any of the Trusts or Xxxx Xxxxxxx. The Agreement may, on 60 days’ written notice, be terminated at any time without the payment of any penalty by any of the Trusts on behalf of itself or any of its Funds (by vote of a majority of the Trustees of the Trust) or by Xxxx Xxxxxxx.

Appears in 45 contracts

Samples: Service Agreement (John Hancock Investors Trust), Service Agreement (John Hancock Capital Series), Amended and Restated (John Hancock Investment Trust)

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Duration and Termination of Agreement. This Agreement shall remain in effect until the second anniversary of the date on which it was executed, and from year to year thereafter, but only so long as such continuance is specifically approved at least annually by a majority of the Board of Trustees and a majority of the Trustees who are not interested persons (as defined in the 0000 1000 Xxx) of any of the Trusts or Xxxx XxxxxxxJxxx Hxxxxxx. The Agreement may, on 60 days’ written notice, be terminated at any time without the payment of any penalty by any of the Trusts on behalf of itself or any of its Funds (by vote of a majority of the Trustees of the Trust) or by Xxxx XxxxxxxJxxx Hxxxxxx.

Appears in 29 contracts

Samples: Amended And (John Hancock Strategic Series), Service Agreement (John Hancock Tax-Advantaged Global Shareholder Yield Fund), Service Agreement (John Hancock Funds II)

Duration and Termination of Agreement. This Agreement shall remain in effect until the second anniversary of the date on which it was executed, and from year to year thereafter, but only so long as such continuance is specifically approved at least annually by a majority of the Board of Trustees and a majority of the Trustees who are not interested persons (as defined in the 0000 Xxx) of any of the Trusts Trust or Xxxx Xxxxxxx. The Agreement may, on 60 days’ written notice, be terminated at any time without the payment of any penalty by any of the Trusts Trust on behalf of itself or any of its Funds (by vote of a majority of the Trustees of the Trust) or by Xxxx Xxxxxxx.

Appears in 2 contracts

Samples: Service Agreement (John Hancock Variable Insurance Trust), Service Agreement (John Hancock Variable Insurance Trust)

Duration and Termination of Agreement. This Agreement shall remain in effect until the second anniversary of the date on which it was executed, and from year to year thereafter, but only so long as such continuance is specifically approved at least annually by a majority of the Board of Trustees and a majority of the Trustees who are not interested persons (as defined in the 0000 1000 Xxx) of any of the Trusts Trust or Xxxx Xxxxxxxthe Adviser. The Agreement may, on 60 days’ written notice, be terminated at any time without the payment of any penalty by any of the Trusts Trust on behalf of itself or any of its Funds Fund (by vote of a majority of the Trustees of the Trust) or by Xxxx XxxxxxxJxxx Hxxxxxx.

Appears in 2 contracts

Samples: Form of Service Agreement (John Hancock Trust), Form of Service Agreement (John Hancock Funds II)

Duration and Termination of Agreement. This Agreement shall remain in effect until the second anniversary of the date on which it was executed, and from year to year thereafter, but only so long as such continuance is specifically approved at least annually by a majority of the Board of Trustees and a majority of the Trustees who are not interested persons (as defined in the 0000 Xxx) of any of the Trusts Trust or Xxxx Xxxxxxxthe Adviser. The Agreement may, on 60 days’ written notice, be terminated at any time without the payment of any penalty by any of the Trusts Trust on behalf of itself or any of its Funds Fund (by vote of a majority of the Trustees of the Trust) or by Xxxx Xxxxxxx.

Appears in 1 contract

Samples: Service Agreement (John Hancock Funds II)

Duration and Termination of Agreement. This Agreement shall remain in effect until the second anniversary of the date on which it was executed, and from year to year thereafter, but only so long as such continuance is specifically approved at least annually by a majority of the Board of Trustees and a majority of the Trustees who are not interested persons (as defined in the 0000 Xxx) of any of the Trusts or Xxxx Xxxxxxx. The Agreement may, on 60 days’ written notice, ,be terminated at any time without the payment of any penalty by any of the Trusts on behalf of itself or any of its Funds (by vote of a majority of the Trustees of the Trust) or by Xxxx Xxxxxxx.

Appears in 1 contract

Samples: Service Agreement (John Hancock Funds II)

Duration and Termination of Agreement. This Agreement shall remain in effect until the second anniversary of the date on which it was executed, and from year to year thereafter, but only so long as such continuance is specifically approved at least annually by a majority of the Board of Trustees and a majority of the Trustees who are not interested persons (as defined in the 0000 1000 Xxx) of any of the Trusts Funds or Xxxx XxxxxxxJxxx Hxxxxxx. The Agreement may, on 60 days’ written notice, be terminated at any time without the payment of any penalty by any of the Trusts on behalf of itself or any of its Funds (by vote of a majority of the Trustees of the TrustFund) or by Xxxx XxxxxxxJxxx Hxxxxxx.

Appears in 1 contract

Samples: Service Agreement (John Hancock GA Mortgage Trust)

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Duration and Termination of Agreement. This Agreement shall remain in effect until the second anniversary of the date on which it was executed, and from year to year thereafter, but only so long as such continuance is specifically approved at least annually by a majority of the Board of Trustees and a majority of the Trustees who are not interested persons (as defined in the 0000 Xxx) of any of the Trusts or Xxxx Xxxxxxx. The Agreement may, on 60 days’ written notice, be terminated at any time without the payment of any penalty by any of the Trusts on behalf of itself or any of its Funds Trust (by vote of a majority of the Trustees of the Trust) or by Xxxx Xxxxxxx.

Appears in 1 contract

Samples: Service Agreement (John Hancock Collateral Investment Trust)

Duration and Termination of Agreement. This Agreement shall remain in effect until the second anniversary of the date on which it was executed, and from year to year thereafter, but only so long as such continuance is specifically approved at least annually by a majority of the Board of Trustees and a majority of the Trustees who are not interested persons (as defined in the 0000 Xxx1940 Act) of any of the Trusts or Xxxx Xxxxxxx. The Agreement may, on 60 days’ written notice, be terminated at any time without the payment of any penalty by any of the Trusts on behalf of itself or any of its Funds (by vote of a majority of the Trustees of the Trust) or by Xxxx Xxxxxxx.

Appears in 1 contract

Samples: Service Agreement (John Hancock Collateral Trust)

Duration and Termination of Agreement. This Agreement shall remain in effect until the second anniversary of the date on which it was executed, and from year to year thereafter, but only so long as such continuance is specifically approved at least annually by a majority of the Board of Trustees and a majority of the Trustees who are not interested persons (as defined in the 0000 Xxx) of any of the Trusts Funds or Xxxx Xxxxxxx. The Agreement may, on 60 days’ written notice, be terminated at any time without the payment of any penalty by any of the Trusts on behalf of itself or any of its Funds (by vote of a majority of the Trustees of the TrustFund) or by Xxxx Xxxxxxx.

Appears in 1 contract

Samples: Service Agreement (John Hancock GA Senior Loan Trust)

Duration and Termination of Agreement. This Agreement shall remain in effect until the second anniversary of the date on which it was executed, and from year to year thereafter, but only so long as such continuance is specifically approved at least annually by a majority of the Board of Trustees and a majority of the Trustees who are not interested persons (as defined in the 0000 Xxx1940 Act) of any of the Trusts Funds or Xxxx Xxxxxxx. The Agreement may, on 60 days’ written notice, be terminated at any time without the payment of any penalty by any of the Trusts on behalf of itself or any of its Funds (by vote of a majority of the Trustees of the TrustFund) or by Xxxx Xxxxxxx.

Appears in 1 contract

Samples: Service Agreement (Manulife Private Credit Fund)

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