Common use of Resignations and Removals Clause in Contracts

Resignations and Removals. Any Trustee or officer may resign at any time by written instrument signed by him or her and delivered to the President or the Secretary and to a meeting of the Trustees. Such resignation shall be effective upon receipt unless specified to be effective at some other time. The Trustees may remove any officer elected by them with or without cause, provided, however, that removal of the Chief Compliance Officer will require approval of a majority of the Trustees, including a majority of the Independent Trustees. Except to the extent expressly provided in a written agreement with the Trust, no Trustee or officer resigning and no officer removed shall have any right to any compensation for any period following his or her resignation or removal, or any right to damages on account of such removal. Adopted: June 21, 2018

Appears in 5 contracts

Samples: Advisers Investment Trust, Advisers Investment Trust, Advisers Investment Trust

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Resignations and Removals. Any Trustee or officer may resign at any ------------------------- time by written instrument signed by him or her and delivered to the Chairman, the President or the Secretary and or to a meeting of the Trustees. Such resignation shall be effective upon receipt unless specified to be effective at some other time. The Trustees may remove any officer elected by them with or without cause, provided, however, that removal of the Chief Compliance Officer will require approval of a majority of the Trustees, including a majority of the Independent Trustees. Except to the extent expressly provided in a written agreement with the Trust, no Trustee or officer resigning and no officer removed shall have any right to any compensation for any period following his or her resignation or removal, or any right to damages on account of such removal. Adopted: June 21, 2018Acceptance of a resignation shall not be necessary to make it effective unless the resignation states otherwise.

Appears in 3 contracts

Samples: Smith Barney Income Funds, Smith Barney Funds Inc, Smith Barney Principal Return Fund

Resignations and Removals. Any Trustee or officer may resign at any time by written instrument signed by him or her and delivered to the President Chairman, the President, the Secretary, the Chief Compliance Officer, or the Secretary and Chief Financial Officer or to a meeting of the Trustees. Such resignation shall be effective upon receipt unless specified to be effective at some other time. The Except for the Chief Compliance Officer, the Trustees may remove any officer elected by them with or without cause, provided, however, that removal of the Chief Compliance Officer will require approval of a majority of the Trustees, including a majority of the Independent Trustees. Except to the extent expressly provided in a written agreement with the Trust, ; no Trustee or officer resigning and no officer removed shall have any right to any compensation for any period following his or her resignation or removal, or any right to damages on account of such removal. Adopted: June 21, 2018.

Appears in 3 contracts

Samples: Sub Item (Artio Global Investment Funds), Artio Global Investment Funds, Julius Baer Investment Funds

Resignations and Removals. Any Trustee or officer may resign at any time by written instrument signed by him or her and delivered to the President Chairman, the President, the Chief Compliance Officer or the Secretary and or to a meeting of the Trustees. Such resignation shall be effective upon receipt unless specified to be effective at some other time. The Trustees may remove any officer elected by them with or without cause, provided, ; provided however, that removal of the Chief Compliance Officer will require approval of a majority may be removed from his or her responsibilities by termination of the TrusteesBoard, including a majority of the Independent Trusteessubject to such other requirements as my arise under applicable law. Except to the extent expressly provided in a written agreement with the Trust, no Trustee or officer resigning and no officer removed shall have any right to any compensation for any period following his or her resignation or removal, or any right to damages on account of such removal. Adopted: June 21, 2018.

Appears in 2 contracts

Samples: Merrimac Funds, Merrimac Series

Resignations and Removals. Any Trustee or officer may resign at any time by written instrument signed by him or her and delivered to the President or the Secretary and or to a meeting of the Trustees. Such resignation shall be effective upon receipt unless specified to be effective at some other time. The Trustees may remove any officer elected by them with or without cause, cause provided, however, that removal of the Chief Compliance Officer will require approval of a majority of the Trustees, including a majority of the Independent Trustees. .. Except to the extent expressly provided in a written agreement with the Trust, no Trustee or officer resigning and no officer removed shall have any right to any compensation for any period following his or her resignation or removal, or any right to damages on account of such removal. Adopted: June 21, 2018.

Appears in 2 contracts

Samples: Diamond Hill Funds, Diamond Hill Funds

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Resignations and Removals. Any Trustee or officer may resign at any time by written instrument signed by him or her and delivered to the President Chairman, the President, the Secretary or the Secretary and Chief Compliance Officer or to a meeting of the Trustees. Such resignation shall be effective upon receipt unless specified to be effective at some other time. The Except for the Chief Compliance Officer, the Trustees may remove any officer elected by them with or without cause, provided, however, that removal of the Chief Compliance Officer will require approval of a majority of the Trustees, including a majority of the Independent Trustees. Except to the extent expressly provided in a written agreement with the Trust, ; no Trustee or officer resigning and no officer removed shall have any right to any compensation for any period following his or her resignation or removal, or any right to damages on account of such removal. Adopted: June 21, 2018.

Appears in 1 contract

Samples: Julius Baer Investment Funds

Resignations and Removals. Any Trustee or officer may resign at any time by written instrument signed by him or her and delivered to the Chairman, the Chief Executive Officer, the President or the Secretary and or to a meeting of the Trustees. Such resignation shall be effective upon receipt unless specified to be effective at some other time. The Trustees may remove any officer elected by them with or without cause, provided, however, that removal of the Chief Compliance Officer will require approval of a majority of the Trustees, including a majority of the Independent Trustees. Except to the extent expressly provided in a written agreement with the Trust, no Trustee or officer resigning and no officer removed shall have any right to any compensation for any period following his or her resignation or removal, or any right to damages on account of such removal. Adopted: June 21, 2018Acceptance of a resignation shall not be necessary to make it effective unless the resignation states otherwise.

Appears in 1 contract

Samples: Consulting Group Capital Markets Funds

Resignations and Removals. Any Trustee or officer may resign at any time by written instrument signed by him or her and delivered to the President or the Secretary and or to a meeting of the Trustees. Such resignation shall be effective upon receipt unless specified to be effective at some other time. The Trustees may remove any officer elected by them with or without cause, cause provided, however, that removal of the Chief Compliance Officer will require approval of a majority of the Trustees, including a majority of the Independent Trustees. Except to the extent expressly provided in a written agreement with the Trust, no Trustee or officer resigning and no officer removed shall have any right to any compensation for any period following his or her resignation or removal, or any right to damages on account of such removal. Adopted: June 21, 2018.

Appears in 1 contract

Samples: Diamond Hill Funds

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