Common use of Principal Underwriter Clause in Contracts

Principal Underwriter. The Trustees may enter into contracts on behalf of the Trust or any Series or Class, providing for the distribution and sale of Shares by the other party, either directly or as sales agent, on terms and conditions acceptable to the Trustees. The Trustees may adopt a plan or plans of distribution with respect to Shares of any Series or Class and enter into any related agreements, whereby the Series or Class finances directly or indirectly any activity that is primarily intended to result in sales of its Shares, subject to the requirements of Section 12 of the 1940 Act, the rules thereunder, and other applicable rules and regulations.

Principal Underwriter. The Trustees may enter into contracts with another party on behalf of the Trust or any Series or Class, providing for the distribution and sale of Shares by the such other party, either directly or as sales agent, on terms and conditions acceptable to the Trustees. The Trustees may adopt a plan or plans of distribution with respect to Shares of any Series or Class and enter into any related agreements, whereby the Series or Class finances directly or indirectly any activity that is primarily intended to result in sales of its Shares, subject to the requirements of Section 12 of the 1940 Act, the rules Rule 12b-1 thereunder, and other applicable rules and regulations.

Principal Underwriter. The Trustees may enter into contracts on ---------------------- behalf of the Trust or any Series or ClassTrust, providing for the distribution and sale of Shares by the other party, either directly or as sales agent, on terms and conditions acceptable to the Trustees. The Trustees may adopt a plan or plans of distribution with respect to the Shares of any Series or Class and enter into any related agreements, whereby the Series or Class Trust finances directly or indirectly any activity that is primarily intended to result in sales of its Shares, subject to the requirements of Section 12 of the 1940 Investment Company Act, the rules thereunder, and other applicable rules and regulations.