Common use of Effective Period of this Agreement Clause in Contracts

Effective Period of this Agreement. This Agreement shall take effect upon its execution and shall remain in full force and effect for a period of two (2) years from the date of its execution (unless terminated automatically as set forth in Section 10), and from year to year thereafter, subject to annual approval (i) by Underwriter, (ii) by the Board of Trustees of the Company or a vote of a majority of the outstanding Shares, and (iii) by a majority of the Trustees of the Company who are not interested persons of the Company or of Underwriter by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 2 contracts

Samples: Underwriting Agreement (Bonfiglio & Reed Investment Trust), Underwriting Agreement (Firsthand Funds)

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Effective Period of this Agreement. This Agreement shall take effect upon its execution and shall remain in full force and effect for a period of two one (21) years year from the date of its execution (unless terminated automatically as set forth in Section 10), and from year to year thereafter, subject to annual approval (i) by Underwriter, (ii) by the Board of Trustees of the Company Trust or a vote of a majority of the outstanding Shares, and (iii) by a majority of the Trustees of the Company Trust who are not interested persons of the Company Trust or of Underwriter by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Underwriting Agreement (Brundage Story & Rose Investment Trust)

Effective Period of this Agreement. This Agreement shall take effect upon its execution and shall remain in full force and effect for a period of two (2) years from the date of its execution (unless terminated automatically as set forth in Section 10), and from year to year thereafter, subject to annual approval (i) by Underwriter, (ii) by the Board of Trustees Directors of the Company or a vote of a majority of the outstanding Shares, and (iii) by a majority of the Trustees Directors of the Company who are not interested persons of the Company or of Underwriter by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Underwriting Agreement (Caldwell & Orkin Funds Inc)

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Effective Period of this Agreement. This Agreement shall take effect upon its execution and shall remain in full force and effect for a period of two (2) years one year from the date of its execution (unless terminated automatically as set forth in Section 10)12, and from year to year thereafter, subject to annual approval (i) by Underwriter, (ii) by the Board of Trustees of the Company Trust or a vote of a majority of the outstanding Shares, and (iii) by a majority of the Trustees of the Company Trust who are not interested persons of the Company Trust or of Underwriter Underwriter, by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Underwriting Agreement (Analysts Investment Trust)

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