Common use of Effective Date Term Termination Clause in Contracts

Effective Date Term Termination. This Agreement shall become effective on the date signed by the Investment Consultant and shall continue in full force and effect for five (5) years, unless terminated prior to such date in accordance with this Section. For any reason, the Board of Trustees may terminate this Agreement effective immediately upon the Investment Consultant’s receipt of written notice of termination. The Investment Consultant may terminate this Agreement upon one hundred and eighty (180) days’ advance written notice to the Board of Trustees. Upon termination, fees of the Investment Consultant shall be prorated to the date of termination as specified in the notice of termination.

Effective Date Term Termination. This Agreement shall become effective on the date signed by the Investment Consultant [INSERT DATE], and shall continue in full force and effect for five (5) years, unless terminated prior to such date in accordance with this Section. For any reason, including as a result of post-performance review, this Agreement may be terminated by the Board of Trustees may terminate this Agreement effective immediately upon the Investment Consultant’s receipt of written notice of termination. The Investment Consultant may terminate this Agreement upon one hundred and eighty twenty (180120) days’ advance written notice to the Board of TrusteesBoard. Upon termination, fees of the Investment Consultant shall be prorated to the date of termination as specified in the notice of termination.

Effective Date Term Termination. This Agreement shall become effective on the date signed by the Investment Consultant first above written and shall continue in full force and effect for five (5) years, unless until terminated prior to such date in accordance with this Sectionsection. For This Agreement may be terminated at any reason, time after the Board of Trustees may terminate this Agreement effective immediately first 30 days by either party upon the Investment Consultant’s receipt of written notice of termination. The Investment Consultant may terminate this Agreement upon one hundred and eighty (180) 30 days’ advance written notice of such termination to the Board of Trusteesother party; provided however, that, at anytime, without prior written notice, SURS may orally direct the Investment Manager to cease its management activities with respect to the Fund, which direction shall be confirmed, in writing, as soon as practicable. Upon such termination, fees of the Investment Consultant Manager shall be prorated to the date of termination as specified in the notice of termination.

Effective Date Term Termination. This Agreement shall become effective on the date signed by the Investment Consultant [INSERT DATE] and shall continue in full force and effect for five (5) yearsterminate on [INSERT DATE], unless terminated prior to such date in accordance with this Section. For any reason, the Board by either party by delivery of Trustees may terminate this Agreement effective immediately upon the Investment Consultant’s receipt of written notice of termination. The Investment Consultant may terminate this Agreement upon one hundred and eighty thirty (18030) days’ advance prior written notice to the Board other. In no event shall the term of Trusteesthis Agreement exceed 5 years in duration. Termination of this Agreement will not affect the validity of any action previously taken by Investment Consultant under this Agreement. Upon termination, fees of the Investment Consultant for services actually rendered and completed prior to termination shall be prorated to the date of termination as specified in the notice of termination.