Common use of DURATION OF AGREEMENT Clause in Contracts

DURATION OF AGREEMENT. This Agreement, with respect to any Plan, will continue in effect for one year from its effective date, and thereafter will continue automatically for successive annual periods; provided, however, that such continuance is subject to termination at any time without penalty if a majority of a Portfolio's Trustees who are not interested persons of the Portfolio (as defined in the Investment Company Act of 1940 (the "1940 Act")), or a majority of the outstanding shares of the Portfolio, vote to terminate or not to continue the Plan. This Agreement, other than with respect to a Plan, will continue in effect from year to year after its effective date, unless terminated as provided herein. 10.

Appears in 218 contracts

Samples: Selling Dealer Agreement (Fidelity Advisor Series Iv), Selling Dealer Agreement (Fidelity Advisor Series Iii), Selling Dealer Agreement (Fidelity Sterling Performance Portfolio Lp)

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DURATION OF AGREEMENT. This Agreement, with respect to any Plan, will continue in effect for one year from its effective date, and thereafter will continue automatically for successive annual periods; provided, however, that such continuance is subject to termination at any time without penalty if a majority of a Portfolio's Trustees who are not interested persons of the Portfolio (as defined in the Investment Company Act of 1940 (the "1940 Act")), or a majority of the outstanding shares of the Portfolio, vote to terminate or not to continue the Plan. This Agreement, other than with respect to a Plan, will continue in effect from year to year after its effective date, unless terminated as provided herein. 10.

Appears in 212 contracts

Samples: Selling Dealer Agreement (Fidelity Income Fund /Ma/), Selling Dealer Agreement (Fidelity California Municipal Trust Ii), Selling Dealer Agreement (Fidelity Advisor Series Iv)

DURATION OF AGREEMENT. This Agreement, with respect to any Plan, will continue in effect for one year from its effective date, and thereafter will continue automatically for successive annual periods; provided, however, that such continuance is subject to termination at any time without penalty if a majority of a Portfolio's ’s Trustees who are not interested persons of the Portfolio (as defined in the Investment Company Act of 1940 (the "1940 Act")), or a majority of the outstanding shares of the Portfolio, vote to terminate or not to continue the Plan. This Agreement, other than with respect to a Plan, will continue in effect from year to year after its effective date, unless terminated as provided herein. 10.

Appears in 3 contracts

Samples: Selling Agreement (Fidelity Greenwood Street Trust), Bank Agency Agreement (Fidelity Greenwood Street Trust), Selling Dealer Agreement (Rimrock Funds Trust)

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DURATION OF AGREEMENT. This Agreement, with respect to any Plan, will continue in effect for one year from its effective date, and thereafter will continue automatically for _ successive annual periods; provided, however, that such continuance is subject to termination at any time without penalty if a majority of a Portfolio's ’s Trustees who are not interested interested, persons of the Portfolio (as defined in the Investment Company Act of 1940 (the "1940 Act")), or a majority of the outstanding shares of the Portfolio, vote to terminate or not to continue the Plan. This Agreement, other than with respect to a Plan, will continue in effect from year to year after its effective date, unless terminated as provided herein. 10.

Appears in 1 contract

Samples: Selling Dealer Agreement (Nationwide Variable Account)

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