Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 9 contracts
Samples: Management Agreement (Citifunds Trust Iii), Management Agreement (Citifunds Trust I), Management Agreement (Smith Barney Trust Ii)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil August 31, 2002 on which date it will terminate unless its continuance with respect to a Fund after that date August 31, 2002 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Manager at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 7 contracts
Samples: Management Agreement (Tt International Usa Feeder Trust), Management Agreement (Tt International Usa Feeder Trust), Management Agreement (Tt International Usa Feeder Trust)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a Fund the Trust after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the FundTrust. This Agreement may be terminated at any time with respect to a Fund the Trust without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the FundTrust, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund Trust (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 6 contracts
Samples: Management Agreement (Cash Reserves Portfolio), Management Agreement (Tax Free Reserves Portfolio), Management Agreement (Cash Reserves Portfolio)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil November 14, 1999, on which date it will terminate unless its continuance with respect to a Fund after that date November 14, 1999 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management Citibank at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the ManagerCitibank, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 6 contracts
Samples: Management Agreement (Landmark International Equity Fund), Management Agreement (Citifunds Trust Ii), Management Agreement (Landmark Funds Ii)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil August 8, 1999, on which date it will terminate unless its continuance with respect to a Fund after that date August 8, 1999 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management Citibank at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the ManagerCitibank, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 5 contracts
Samples: Management Agreement (Landmark Funds Ii), Management Agreement (Citifunds National Tax Free Income Portfolio), Management Agreement (Citifunds Fixed Income Trust)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil August 7, 2000, on which date it will terminate unless its continuance with respect to a Fund after that date August 7, 2000 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management Citibank at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the ManagerCitibank, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 5 contracts
Samples: Management Agreement (Landmark Funds Ii), Management Agreement (Landmark Funds Ii), Management Agreement (Landmark Funds Ii)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management CFM at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 4 contracts
Samples: Management Agreement (Citifunds Tax Free Income Trust), Management Agreement (Variable Annuity Portfolios /), Management Agreement (Citifunds Institutional Trust)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil August 31, 2002, on which date it will terminate unless its continuance with respect to a Fund after that date August 31, 2002 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Manager at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the FundPortfolio. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the FundPortfolio, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund Portfolio (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 4 contracts
Samples: Management Agreement (Tt International Usa Master Trust), Management Agreement (Tt International Usa Master Trust), Management Agreement (Tt International Usa Master Trust)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as to a Fund as of the day and year first above writtenset forth opposite such Fund's name on Appendix A attached hereto, shall govern the relations between the parties hereto thereafter thereafter, and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Manager at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." ". This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 4 contracts
Samples: Management Agreement (Domini Social Investment Trust), Management Agreement (Domini Social Investment Trust), Management Agreement (Domini Advisor Trust)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, and shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil May 9, 1999, on which date it will terminate unless its continuance with respect to a Fund after that date May 9, 1999 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Adviser or of the Subadviser at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the FundPortfolio. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by (i) the Trustees or by Trustees, (ii) the "vote of a majority of the outstanding voting securities" of the FundPortfolio, or by (iii) the ManagerAdviser, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement may be terminated at any time without the payment of any penalty by the Subadviser on not less than 90 days' written notice to the Adviser. This Agreement shall automatically terminate in the event of its "assignment." This Agreement constitutes the entire agreement between the parties and may be amended with respect to a Fund only if such amendment is approved by the Subadviser and the "vote of a majority of the outstanding voting securities" of the Fund Portfolio (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 3 contracts
Samples: Sub Management Agreement (Landmark Funds I), Sub Management Agreement (Asset Allocation Portfolios), Sub Management Agreement (Asset Allocation Portfolios)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Xxxxx Xxxxxx Management at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 3 contracts
Samples: Management Agreement (Smith Barney Trust Ii), Management Agreement (Smith Barney Trust Ii), Management Agreement (Smith Barney Investment Series)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, and shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil May 9, 1999, on which date it will terminate unless its continuance with respect to a Fund after that date May 9, 1999 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Adviser or of the Subadviser at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the FundPortfolio. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by (i) the Trustees or by Trustees, (ii) the "vote of a majority of the outstanding voting securities" of the FundPortfolio, or by (iii) the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement may be terminated at any time without the payment of any penalty by the Subadviser on not less than 90 days' written notice to the Manager. This Agreement shall automatically terminate in the event of its "assignment." This Agreement constitutes the entire agreement between the parties and may be amended with respect to a Fund only if such amendment is approved by the Subadviser and the "vote of a majority of the outstanding voting securities" of the Fund Portfolio (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 3 contracts
Samples: Sub Management Agreement (Landmark Funds I), Sub Management Agreement (Asset Allocation Portfolios), Sub Management Agreement (Asset Allocation Portfolios)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil June __, 2002, on which date it will terminate unless its continuance with respect to a Fund after that date June __, 2002 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of SSB Citi Management at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 3 contracts
Samples: Management Agreement (Citifunds Trust I), Management Agreement (Citifunds Trust I), Management Agreement (Citifunds Trust I)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, and shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil May 9, 1999 on which date it will terminate unless its continuance with respect to a Fund after that date May 9, 1999 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Adviser or of the Subadviser at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the FundPortfolio. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by (i) the Trustees or by Trustees, (ii) the "vote of a majority of the outstanding voting securities" of the FundPortfolio, or by (iii) the ManagerAdviser, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement may be terminated at any time without the payment of any penalty by the Subadviser on not less than 90 days' written notice to the Adviser. This Agreement shall automatically terminate in the event of its "assignment." This Agreement constitutes the entire agreement between the parties and may be amended with respect to a Fund only if such amendment is approved by the Subadviser and the "vote of a majority of the outstanding voting securities" of the Fund Portfolio (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 3 contracts
Samples: Sub Management Agreement (Asset Allocation Portfolios), Sub Management Agreement (Asset Allocation Portfolios), Sub Management Agreement (Landmark Funds I)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a Fund the Portfolio after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the FundPortfolio. This Agreement may be terminated at any time with respect to a Fund the Portfolio without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the FundPortfolio, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund the Portfolio only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund Portfolio (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 3 contracts
Samples: Management Agreement (Institutional Portfolio), Management Agreement (Institutional Portfolio), Management Agreement (Institutional Portfolio)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a the Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Xxxxx Xxxxxx Management at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a the Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a the Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 3 contracts
Samples: Management Agreement (Smith Barney Trust Ii), Management Agreement (Smith Barney Trust Ii), Management Agreement (Smith Barney Trust Ii)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil November 8, 1998, on which date it will terminate unless its continuance with respect to a Fund after that date November 8, 1998 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management Citibank at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the ManagerCitibank, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 2 contracts
Samples: Management Agreement (Variable Annuity Portfolios), Management Agreement (Variable Annuity Portfolios /)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil January 14, 2002, on which date it will terminate unless its continuance with respect to a Fund after that date January 14, 2002 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management DSI at a meeting specifically called for the purpose of voting on such approval, approval and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the ManagerDSI, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 2 contracts
Samples: Management Agreement (Domini Social Equity Fund), Management Agreement (Domini Social Equity Fund)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management Manager at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 2 contracts
Samples: Management Agreement (Smith Barney Trust Ii), Management Agreement (Smith Barney Trust Ii)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, and shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil January 22, 2001, on which date it will terminate unless its continuance with respect to a Fund after that date January 22, 2001 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Adviser or of the Subadviser at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the FundPortfolio. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by (i) the Trustees or by Trustees, (ii) the "vote of a majority of the outstanding voting securities" of the FundPortfolio, or by (iii) the ManagerAdviser, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement may be terminated at any time without the payment of any penalty by the Subadviser on not less than 90 days' written notice to the Adviser. This Agreement shall automatically terminate in the event of its "assignment." This Agreement constitutes the entire agreement between the parties and may be amended with respect to a Fund only if such amendment is approved by the Subadviser and the "vote of a majority of the outstanding voting securities" of the Fund Portfolio (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 2 contracts
Samples: Sub Management Agreement (Asset Allocation Portfolios), Sub Management Agreement (Asset Allocation Portfolios)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, and shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil March 1, 2001, on which date it will terminate unless its continuance with respect to a Fund after that date March 1, 2001 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Adviser or of the Subadviser at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the FundPortfolio. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by (i) the Trustees or by Trustees, (ii) the "vote of a majority of the outstanding voting securities" of the FundPortfolio, or by (iii) the ManagerAdviser, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement may be terminated at any time without the payment of any penalty by the Subadviser on not less than 90 days' written notice to the Adviser. This Agreement shall automatically terminate in the event of its "assignment." This Agreement constitutes the entire agreement between the parties and may be amended with respect to a Fund only if such amendment is approved by the Subadviser and the "vote of a majority of the outstanding voting securities" of the Fund Portfolio (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 2 contracts
Samples: Sub Management Agreement (Asset Allocation Portfolios), Sub Management Agreement (Asset Allocation Portfolios)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of on the day and year date first above written, written and shall govern the relations between the parties hereto thereafter thereafter, and shall remain in force for a period of two years from its effectivenessuntil July 29, 2001 on which date it will terminate unless its continuance with respect to a Fund after that date July 29, 2001 is "specifically approved at least annually" (ai) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Adviser at a meeting specifically called for the purpose of voting on such approval, and (bii) by the Board of Trustees of the Trust Trust, or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the ManagerAdviser, in each case on not more than 60 sixty days' nor less than 30 thirty days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment agreement is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any Fund. The terms "specifically approved at least annually," "vote of a majority of the outstanding voting securities," "assignment," "affiliated person," and "interested person," when used in this Agreement, shall have the respective meanings specified in, and shall be construed in a manner consistent with, the Investment Company Act of 1940, as amended, and the Rules and Regulations promulgated thereunder, subject, however, to such amendment exemptions as may be effected in granted by the absence of such approval without violating the 1940 Securities and Exchange Commission under said Act).
Appears in 2 contracts
Samples: Investment Advisory Agreement (MFS Municipal Series Trust), Investment Advisory Agreement (MFS Municipal Series Trust)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil __________ __, ______, on which date it will terminate unless its continuance with respect to a Fund after that date __________ __, ______ is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management Citibank at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the ManagerCitibank, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Samples: Management Agreement (Variable Annuity Portfolios /)
Duration, Termination and Amendments of this Agreement. This ------------------------------------------------------ Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Xxxxx Xxxxxx Management at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Samples: Management Agreement (Smith Barney Investment Series)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management SBFM at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a the Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a the Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, written and shall govern the relations between the parties hereto thereafter thereafter, and shall remain in force for a period of two years from its effectivenessuntil November 1, 1986 on which date it will terminate unless its continuance with respect to a Fund after that date November 1, 1986, is "specifically approved at least annually" (ai) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Adviser at a meeting specifically called for the purpose of voting on such approval, and (bii) by the Board of Trustees of the Trust Trust, or by "vote of a majority of the outstanding voting securities" of the FundTrust. This Agreement may be terminated with respect to one or more series of the Trust at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fundseries to be terminated, or by the ManagerAdviser, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." ". This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act)each series affected thereby.
Appears in 1 contract
Samples: Investment Advisory Agreement (MFS Sun Life Series Trust)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil ________ __, ____ on which date it will terminate unless its continuance with respect to a Fund after that date ________ __, ____, is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of SSB Citi Management at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of SSB Citi Management at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Samples: Management Agreement (Citifunds International Trust)
Duration, Termination and Amendments of this Agreement. This ------------------------------------------------------------------- Agreement shall become effective as on the date of the day its execution and year first above written, shall govern the relations between the parties hereto thereafter thereafter, and shall remain in force for a period of two years from its effectivenessuntil ________ __, 199_ on which date it will terminate unless its continuance with respect to a Fund after that date ________ __, 199_ is "specifically approved at least annually" annually (ai) by the vote of a majority of the Trustees of the Trust who are not "interested persons" persons of the Trust or of Citi Management the Adviser at a meeting specifically called for the purpose of voting on such approval, and (bii) by the Board of Trustees of the Trust Trust, or by "vote of a majority of the outstanding voting securities" securities of the Fund. The aforesaid requirement that continuance of this Agreement be "specifically approved at least annually" shall be construed in a manner consistent with the Investment Company Act of 1940 and the Rules and Regulations thereunder. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" securities of the Fund, or by the ManagerAdviser, in each case on not more than 60 sixty days' nor less than 30 that thirty days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." . This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" securities of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act)Fund.
Appears in 1 contract
Samples: Investment Advisory Agreement (MFS Sun Life Series Trust)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil November , 2002, on which date it will terminate unless its continuance with respect to a Fund after that date November , 2002 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of SSB Citi Management at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as on the closing date of the day and year first above written, Transaction. This Agreement shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from the date of its effectiveness, on which date and thereafter it will terminate unless its continuance with respect to a Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust Fund who are not "interested persons" of the Trust Fund or of Citi Management the Adviser at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust Fund or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the ManagerAdviser, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." ". This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for Fund. This Agreement is made by the Trustees not individually, but as such Trustees, and the obligations of the Trust under this Agreement are not binding upon any such amendment as may be effected in trustee, shareholder, officer or agent of the absence of such approval without violating Trust individually, but bind only the 1940 Act)Trust estate.
Appears in 1 contract
Samples: Investment Advisory Agreement (Cim High Yield Securities)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, written and shall govern the relations between the parties hereto thereafter thereafter, and shall remain in force for a period of two years from its effectivenessuntil August 1, 1985 on which date it will terminate unless its continuance with respect to a Fund after that date August 1, 1985 is "specifically approved at least annually" (ai) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Adviser at a meeting specifically called for the purpose of voting on such approval, and (bii) by the Board of Trustees of the Trust Trust, or by "vote of a majority of the outstanding voting securities" of the FundTrust. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the FundTrust, or by the ManagerAdviser, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any Trust. The terms "specifically approved at least annually," "vote of a majority of the outstanding voting securities", "assignment," "affiliated person," and "interested persons," when used in this Agreement, shall have the respective meanings specified in, and shall be construed in a manner consistent with, the Investment Company Act of 1940 and the Rules and Regulations thereunder, subject, however, to such amendment exemptions as may be effected in granted by the absence of such approval without violating the 1940 Securities and Exchange Commission under said Act).
Appears in 1 contract
Samples: Investment Advisory Agreement (MFS Government Securities Fund)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a the Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management SBAM at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a the Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a the Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, and shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil January 22, 2001, on which date it will terminate unless its continuance with respect to a Fund after that date January 22, 2001 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Manager or of the Subadviser at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the each Fund. This Agreement may be terminated as to any Fund at any time with respect to a Fund without the payment of any penalty by (i) the Trustees or by Trustees, (ii) the "vote of a majority of the outstanding voting securities" of the that Fund, or by (iii) the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement may be terminated as to any Fund at any time without the payment of any penalty by the Subadviser on not less than 90 days' written notice to the Trust and the Manager. This Agreement shall automatically terminate in the event of its "assignment." Termination of this Agreement as to any Fund shall not terminate this Agreement as it applies to the remaining Funds. This Agreement constitutes the entire agreement between the parties and may be amended with respect as to a any Fund only if such amendment is approved by the Subadviser and the "vote of a majority of the outstanding voting securities" of the that Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act). Amendment of any term of this Agreement with respect to any single Fund shall not, without more, amend such term with respect to any other Fund.
Appears in 1 contract
Samples: Sub Management Agreement (Variable Annuity Portfolios /)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, and shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil May 1, 2001, on which date it will terminate unless its continuance with respect to a Fund after that date May 1, 2001 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Adviser or of the Subadviser at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the FundPortfolio. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by (i) the Trustees or by Trustees, (ii) the "vote of a majority of the outstanding voting securities" of the FundPortfolio, or by (iii) the ManagerAdviser or the Subadviser, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement constitutes the entire agreement between the parties and may be amended with respect to a Fund only if such amendment is approved by the Subadviser and the "vote of a majority of the outstanding voting securities" of the Fund Portfolio (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Samples: Sub Management Agreement (Small Cap Growth Portfolio)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as on the date of the day its execution and year first above written, shall govern the relations between the parties hereto thereafter thereafter, and shall remain in force for a period of two years from its effectivenessuntil August 1, 1986 on which date it will terminate unless its continuance with respect to a Fund after that date August 1, 1986 is "specifically approved at least annually" annually (ai) by the vote of a majority of the Trustees of the Trust Fund who are not "interested persons" persons of the Trust Fund or of Citi Management the Adviser at a meeting specifically called for the purpose of voting on such approval, and (bii) by the Board of Trustees of the Trust Fund, or by "vote of a majority of the outstanding voting securities" securities of the Fund. The aforesaid requirement that continuance of this Agreement be "specifically approved at least annually" shall be construed in a manner consistent with the Investment Company Act of 1940 and the Rules and Regulations thereunder. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" securities of the Fund, or by the ManagerAdviser, in each case on not more than 60 sixty days' nor less than 30 thirty days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." . This Agreement may be amended with respect to a Fund only if such amendment is approved by vote of a majority of the outstanding voting securities of the Fund. The terms "vote of a majority of the outstanding voting securities", "assignment," of "affiliated person," and "interested persons," when used in this Agreement, shall have the Fund (except for any such amendment as may be effected respective meanings specified in the absence Investment Company Act of such approval without violating 1940 and the 1940 Act).Rules and Regulations thereunder, subject, however,
Appears in 1 contract
Samples: Investment Advisory Agreement (MFS Growth Opportunities Fund)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil ________ __, 2002 on which date it will terminate unless its continuance with respect to a Fund after that date ________ __, 2002 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management TT International at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the ManagerTT International, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Samples: Management Agreement (Tt International Usa Feeder Trust)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil __________ ___, 199__, on which date it will terminate unless its continuance with respect to a Fund after that date __________ ___, 199__ is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management Citibank at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the ManagerCitibank, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Samples: Management Agreement (Landmark Institutional Trust)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, and shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil __________ __, 1998, on which date it will terminate unless its continuance with respect to a Fund after that date __________ __, 1998 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Manager or of the Subadviser at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the each Fund. This Agreement may be terminated as to any Fund at any time with respect to a Fund without the payment of any penalty by (i) the Trustees or by Trustees, (ii) the "vote of a majority of the outstanding voting securities" of the that Fund, or by (iii) the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement may be terminated as to any Fund at any time without the payment of any penalty by the Subadviser on not less than 90 days' written notice to the Manager. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).event
Appears in 1 contract
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as to a Portfolio as of the day and year first above writtenset forth opposite such Portfolio's name on Appendix A attached hereto, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a Fund after that date the Portfolio is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management DSI at a meeting specifically called for the purpose of voting on such approval, approval and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the FundPortfolio. This Agreement may be terminated at any time with respect to a Fund Portfolio without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the FundPortfolio, or by the ManagerDSI, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund Portfolio only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund Portfolio (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Smith Barney Management at a meeting specifically called for the purpose of voting purpoxx xx xxxxxx on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil _________ __, 200_, on which date it will terminate unless its continuance with respect to a Fund after that date _________ __, 200_ is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of SSB Citi Management at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the ManagerSSB Citi, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Samples: Management Agreement (Citifunds Institutional Trust)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a the Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Smith Barney Management at a meeting specifically called for the purpose of voting puxxxxx xx xxxing on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a the Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a the Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, and shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil ___________ __, ____, on which date it will terminate unless its continuance with respect to a Fund after that date ___________ __, ____ is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Manager or of the Subadviser at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by (i) the Trustees or by Trustees, (ii) the "vote of a majority of the outstanding voting securities" of the Fund, or by (iii) the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement may be terminated at any time without the payment of any penalty by the Subadviser on not less than 90 days' written notice to the Trust and the Manager. This Agreement shall automatically terminate in the event of its "assignment." This Agreement constitutes the entire agreement between the parties and may be amended with respect to a Fund only if such amendment is approved by the Subadviser and the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Samples: Variable Annuity Portfolios /
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil ________, on which date it will terminate unless its continuance with respect to a Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of SSB Citi Management at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Samples: Management Agreement (Variable Annuity Portfolios /)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil __________ __, 2000, on which date it will terminate unless its continuance with respect to a Fund after that date __________ __, 2000 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management Citibank at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the ManagerCitibank, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Samples: Management Agreement (Landmark Tax Free Income Funds)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil ____________, on which date it will terminate unless its continuance with respect to a Fund after that date __________________ is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of SSB Citi Management at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Duration, Termination and Amendments of this Agreement. This ------------------------------------------------------ Agreement shall become effective as of the day and year first above written, and shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Manager or of the Subadviser at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by (i) the Trustees or by Trustees, (ii) the "vote of a majority of the outstanding voting securities" of the Fund, or by (iii) the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement may be terminated at any time without the payment of any penalty by the Subadviser on not less than 90 days' written notice to the Manager. This Agreement shall automatically terminate in the event of its "assignment." This Agreement constitutes the entire agreement between the parties and may be amended with respect to a Fund only if such amendment is approved by the Subadviser and the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Samples: Subadvisory Agreement (Smith Barney Investment Series)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, and shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil August 7, 2000, on which date it will terminate unless its continuance with respect to a Fund after that date August 7, 2000 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Adviser or of the Subadviser at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the FundPortfolio. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by (i) the Trustees or by Trustees, (ii) the "vote of a majority of the outstanding voting securities" of the FundPortfolio, or by (iii) the ManagerAdviser, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement may be terminated at any time without the payment of any penalty by the Subadviser on not less than 90 days' written notice to the Adviser. This Agreement shall automatically terminate in the event of its "assignment." This Agreement constitutes the entire agreement between the parties and may be amended with respect to a Fund only if such amendment is approved by the Subadviser and the "vote of a majority of the outstanding voting securities" of the Fund Portfolio (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Samples: Premium Portfolios /
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of on the day and year first above written, written and shall govern the relations between the parties hereto thereafter thereafter, and shall remain in force for a period of two years from its effectivenessuntil August 1, 1988 on which date it will terminate unless its continuance with respect to a Fund after that date August 1, 1988 is "specifically approved at least annually" (ai) by the vote of a majority of the Trustees of the Trust Fund who are not "interested persons" of the Trust Fund or of Citi Management the Adviser at a meeting specifically called for the purpose of voting on such approval, and (bii) by the Board of Trustees of the Trust Fund, or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the ManagerAdviser, in each case on not more than 60 sixty days' nor less than 30 thirty days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." ". This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any Fund. The terms "specifically approved at least annually", "vote of a majority of the outstanding voting securities", "assignment," "affiliated person," and "interested person," when used in this Agreement, shall have the respective meanings specified in and shall be construed in a manner consistent with, the Investment Company Act of 1940 and the Rules and Regulations thereunder, subject, however, to such amendment exemptions as may be effected in granted by the absence of such approval without violating the 1940 Securities and Exchange Commission under said Act).
Appears in 1 contract
Samples: Investment Advisory Agreement (MFS Municipal Income Trust)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil March 1, 2007, on which date it will terminate unless its continuance with respect to a Fund after that date March 1, 2007 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management DSIL or the Submanager at a meeting specifically called for the purpose of voting on such approval, approval and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. Notwithstanding the immediately preceding sentence of this Section 11, this Agreement shall terminate on July 29, 2005 unless on or before such date this Agreement is approved by the shareholders of the Fund in accordance with the 1940 Act. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by (i) the Trustees or by of the Trust, (ii) the "vote of a majority of the outstanding voting securities" of the Fund, Fund or by (iii) DSIL with the Managerprior consent of the Trustees of the Trust, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. Subject to Section 4(d) of this Agreement, this Agreement may be terminated at any time without the payment of any penalty by the Submanager on not less than 90 days' written notice to the Manager and the Trustees of the Trust. This Agreement shall automatically terminate in the event of its "assignment." This Agreement constitutes the entire agreement between the parties and may be amended with respect to a Fund only if such amendment is approved by the parties hereto, the Trustees of the Trust and the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval vote without violating the 1940 ActAct or any exemptive order granted thereunder).
Appears in 1 contract
Samples: Submanagement Agreement (Domini Social Investment Trust)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil __________ ___, 199__, on which date it will terminate unless its continuance with respect to a Fund after that date __________ ___, 199__ is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management Citibank at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the FundPortfolio. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the FundPortfolio, or by the ManagerCitibank, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund Portfolio (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, and shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Manager or of the Subadviser at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by (i) the Trustees or by Trustees, (ii) the "vote of a majority of the outstanding voting securities" of the Fund, or by (iii) the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement may be terminated at any time without the payment of any penalty by the Subadviser on not less than 90 days' written notice to the Manager. This Agreement shall automatically terminate in the event of its "assignment." This Agreement constitutes the entire agreement between the parties and may be amended with respect to a Fund only if such amendment is approved by the Subadviser and the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil _________, on which date it will terminate unless its continuance with respect to a Fund after that date _______________ is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of SSB Citi Management at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Samples: Management Agreement (Citifunds Fixed Income Trust)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectiveness, on which date it will terminate unless its continuance with respect to a Fund after that date is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management SBFM at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, and shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil _________ __, 1998, on which date it will terminate unless its continuance with respect to a Fund after that date _________ __, 1998 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Manager or of the Subadviser at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the each Fund. This Agreement may be terminated as to any Fund at any time with respect to a Fund without the payment of any penalty by (i) the Trustees or by Trustees, (ii) the "vote of a majority of the outstanding voting securities" of the that Fund, or by (iii) the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement may be terminated as to any Fund at any time without the payment of any penalty by the Subadviser on not less than 90 days' written notice to the Manager. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).event
Appears in 1 contract
Samples: Sub Management Agreement (Variable Annuity Portfolios)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, written and shall govern the relations between the parties hereto thereafter thereafter, and shall remain in force for a period of two years from its effectivenessuntil March 14, 1999 on which date it will terminate unless its continuance with respect to a Fund after that date March 14, 1999 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management the Adviser at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the ManagerAdviser, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Subject to the provisions of the 1940 Act and such exemptions or exceptions as may be granted or permitted by the Securities and Exchange Commission thereunder, this Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act)Fund.
Appears in 1 contract
Samples: Investment Advisory Agreement (Highland Family of Funds)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil __________ ___, 199__, on which date it will terminate unless its continuance with respect to a Fund after that date __________ ___. 199__ is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management Citibank at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the ManagerCitibank, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil _____________, on which date it will terminate unless its continuance with respect to a Fund after that date _______________ is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of SSB Citi Management at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the Manager, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
Samples: Management Agreement (Citifunds Tax Free Income Trust)
Duration, Termination and Amendments of this Agreement. This Agreement shall become effective as of the day and year first above written, shall govern the relations between the parties hereto thereafter and shall remain in force for a period of two years from its effectivenessuntil __________ __, 1998, on which date it will terminate unless its continuance with respect to a Fund after that date __________ __, 1998 is "specifically approved at least annually" (a) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of Citi Management Citibank at a meeting specifically called for the purpose of voting on such approval, and (b) by the Board of Trustees of the Trust or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time with respect to a Fund without the payment of any penalty by the Trustees or by the "vote of a majority of the outstanding voting securities" of the Fund, or by the ManagerCitibank, in each case on not more than 60 days' nor less than 30 days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment." This Agreement may be amended with respect to a Fund only if such amendment is approved by the "vote of a majority of the outstanding voting securities" of the Fund (except for any such amendment as may be effected in the absence of such approval without violating the 1940 Act).
Appears in 1 contract
