Common use of Effective Date and Termination of Agreement Clause in Contracts

Effective Date and Termination of Agreement. This Agreement shall become effective on [ date ], and unless terminated sooner it shall continue in effect until [ date ]. It may thereafter be continued from year to year only with the approval of a majority of those [Directors][Trustees] of the Fund who are not “interested persons” of the Fund (as defined in the 0000 Xxx) and have no direct or indirect financial interest in the operation of this Agreement or any agreement related to it (the “Independent [Directors][Trustees]”). This Agreement may be terminated as to the Fund as a whole or any class of shares individually at any time by vote of a majority of the Independent [Directors][Trustees]. The Investment Adviser may terminate this agreement upon sixty (60) days’ prior written notice to the Fund.

Appears in 17 contracts

Samples: Administrative Services Agreement (Bond Fund of America Inc), Administrative Services Agreement (American Balanced Fund Inc), Administrative Services Agreement (Tax Exempt Money Fund of America)

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Effective Date and Termination of Agreement. This Agreement shall become effective on [ date [DATE], 2009 and unless terminated sooner it shall continue in effect until [ date [DATE], 2010. It may thereafter be continued from year to year only with the approval of a majority of those [Directors][Trustees] Trustees of the Fund who are not “interested persons” of the Fund (as defined in the 0000 Xxx) and have no direct or indirect financial interest in the operation of this Agreement or any agreement related to it (the “Independent [Directors][Trustees]Trustees”). This Agreement may be terminated as to the Fund as a whole or any class of shares individually at any time by vote of a majority of the Independent [Directors][Trustees]Trustees. The Investment Adviser may terminate this agreement upon sixty (60) days’ prior written notice to the Fund.

Appears in 14 contracts

Samples: Indemnification Agreement (Amcap Fund), Indemnification Agreement (New Economy Fund), Indemnification Agreement (Capital Income Builder)

Effective Date and Termination of Agreement. This Agreement shall become effective on [ date ]May 1, 2009, and unless terminated sooner it shall continue in effect until [ date [Month] [Day], 2010. It may thereafter be continued from year to year only with the approval of a majority of those [Directors][TrusteesDirectors/Trustees] of the Fund who are not “interested persons” of the Fund (as defined in the 0000 Xxx) and have no direct or indirect financial interest in the operation of this Agreement or any agreement related to it (the “Independent [Directors][TrusteesDirectors/Trustees]”). This Agreement may be terminated as to the Fund as a whole or any class of shares individually at any time by vote of a majority of the Independent [Directors][TrusteesDirectors/Trustees]. The Investment Adviser may terminate this agreement upon sixty (60) days’ prior written notice to the Fund.

Appears in 12 contracts

Samples: Indemnification Agreement (American Funds Money Market Fund), Administrative Services Agreement (Fundamental Investors Inc), Shareholder Services Agreement (Amcap Fund Inc)

Effective Date and Termination of Agreement. This Agreement shall become effective on [ date ]May 1, 2009, and unless terminated sooner it shall continue in effect until [ date [Month] [Day], 2010. It may thereafter be continued from year to year only with the approval of a majority of those [Directors][TrusteesDirectors/Trustees] of the Fund who are not “interested persons” of the Fund (as defined in the 0000 1000 Xxx) and have no direct or indirect financial interest in the operation of this Agreement or any agreement related to it (the “Independent [Directors][TrusteesDirectors/Trustees]”). This Agreement may be terminated as to the Fund as a whole or any class of shares individually at any time by vote of a majority of the Independent [Directors][TrusteesDirectors/Trustees]. The Investment Adviser may terminate this agreement upon sixty (60) days’ prior written notice to the Fund.

Appears in 4 contracts

Samples: Amendment of Shareholder Services Agreement (International Growth & Income Fund, Inc.), Shareholder Services Agreement (Growth Fund of America Inc), Shareholder Services Agreement (American Funds Income Series)

Effective Date and Termination of Agreement. This Agreement shall become effective on [ date ]July 30, 2008, and unless terminated sooner it shall continue in effect until [ date [_________], 200[_]. It may thereafter be continued from year to year only with the approval of a majority of those [Directors][TrusteesDirectors/Trustees] of the Fund who are not “interested persons” of the Fund (as defined in the 0000 Xxx) and have no direct or indirect financial interest in the operation of this Agreement or any agreement related to it (the “Independent [Directors][TrusteesDirectors/Trustees]”). This Agreement may be terminated as to the Fund as a whole or any class of shares individually at any time by vote of a majority of the Independent [Directors][TrusteesDirectors/Trustees]. The Investment Adviser may terminate this agreement upon sixty (60) days’ prior written notice to the Fund.

Appears in 3 contracts

Samples: Administrative Services Agreement (New World Fund Inc), Administrative Services Agreement (Europacific Growth Fund), Administrative Services Agreement (New Economy Fund)

Effective Date and Termination of Agreement. This Agreement shall become effective on [ date ], [DATE] and unless terminated sooner it shall continue in effect until [ date [DATE]. It may thereafter be continued from year to year only with the approval of a majority of those [Directors][TrusteesTrustees/Directors] of the Fund who are not “interested persons” of the Fund (as defined in the 0000 1000 Xxx) and have no direct or indirect financial interest in the operation of this Agreement or any agreement related to it (the “Independent [Directors][TrusteesTrustees/Directors]”). This Agreement may be terminated as to the Fund as a whole or any class of shares individually at any time by vote of a majority of the Independent [Directors][TrusteesTrustees/Directors]. The Investment Adviser may terminate this agreement upon sixty (60) days’ prior written notice to the Fund.

Appears in 2 contracts

Samples: Shareholder Services Agreement (American Funds Multi-Sector Income Fund), Shareholder Services Agreement (American Funds Inflation Linked Bond Fund)

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Effective Date and Termination of Agreement. This Agreement shall become effective on [ date [DATE], 2009 and unless terminated sooner it shall continue in effect until [ date [DATE], 2009. It may thereafter be continued from year to year only with the approval of a majority of those [Directors][Trustees] Trustees of the Fund who are not “interested persons” of the Fund (as defined in the 0000 Xxx) and have no direct or indirect financial interest in the operation of this Agreement or any agreement related to it (the “Independent [Directors][Trustees]Trustees”). This Agreement may be terminated as to the Fund as a whole or any class of shares individually at any time by vote of a majority of the Independent [Directors][Trustees]Trustees. The Investment Adviser may terminate this agreement upon sixty (60) days’ prior written notice to the Fund.

Appears in 1 contract

Samples: Indemnification Agreement (American Funds Short-Term Tax-Exempt Bond Fund)

Effective Date and Termination of Agreement. This Agreement shall become effective on [ date ], [DATE] and unless terminated sooner it shall continue in effect until [ date [DATE]. It may thereafter be continued from year to year only with the approval of a majority of those [Directors][Trusteestrustees/directors] of the Fund who are not “interested persons” of the Fund (as defined in the 0000 Xxx) and have no direct or indirect financial interest in the operation of this Agreement or any agreement related to it (the “Independent [Directors][TrusteesTrustees/Directors]”). This Agreement may be terminated as to the Fund as a whole or any class of shares individually at any time by vote of a majority of the Independent [Directors][TrusteesTrustees/Directors]. The Investment Adviser may terminate this agreement upon sixty (60) days’ prior written notice to the Fund.

Appears in 1 contract

Samples: Shareholder Services Agreement (New Economy Fund)

Effective Date and Termination of Agreement. This Agreement shall become effective on [ date ], [DATE] and unless terminated sooner it shall continue in effect until [ date [DATE]. It may thereafter be continued from year to year only with the approval of a majority of those [Directors][TrusteesTrustees/Directors] of the Fund who are not “interested persons” of the Fund (as defined in the 0000 Xxx) and have no direct or indirect financial interest in the operation of this Agreement or any agreement related to it (the “Independent [Directors][TrusteesTrustees/Directors]”). This Agreement may be terminated as to the Fund as a whole or any class of shares individually at any time by vote of a majority of the Independent [Directors][TrusteesTrustees/Directors]. The Investment Adviser may terminate this agreement upon sixty (60) days’ prior written notice to the Fund.

Appears in 1 contract

Samples: Shareholder Services Agreement (American Funds Corporate Bond Fund)

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