Common use of Selection and Nomination of Directors Clause in Contracts

Selection and Nomination of Directors. While this Plan is in effect, the selection and nomination of persons to be Directors of the Fund who are not "interested persons" of the Fund ("Disinterested Directors") shall be committed to the discretion of the incumbent Disinterested Directors. Nothing herein shall prevent the incumbent Disinterested Directors from soliciting the views or the involvement of others in such selection or nominations as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Directors.

Appears in 26 contracts

Samples: Distribution and Service Plan and Agreement (SteelPath MLP Funds Trust), Distribution and Service Plan and Agreement (SteelPath MLP Funds Trust), Distribution and Service Plan and Agreement (SteelPath MLP Funds Trust)

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Selection and Nomination of Directors. While this Plan is in effect, the selection and nomination of persons to be Directors of the Fund who are not "interested persons" of the Fund ("Disinterested Directors") shall be committed to the discretion of the incumbent Disinterested Directors. Nothing herein shall prevent the incumbent Disinterested Directors from soliciting the views or the involvement of others in such selection or nominations nomination as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Directors.

Appears in 22 contracts

Samples: Plan and Agreement (Oppenheimer Quest Value Fund Inc), Distribution and Service Plan and Agreement (Oppenheimer Quest International Value Fund Inc), Distribution and Service Plan and Agreement (Oppenheimer Equity Fund Inc)

Selection and Nomination of Directors. While this Plan is in effect, the selection and nomination of those persons to be Directors of the Fund who are not "interested persons" of the Fund ("Disinterested Directors") shall be committed to the discretion of the incumbent such Disinterested Directors. Nothing herein shall prevent the incumbent Disinterested Directors from soliciting the views or the involvement of others in such selection or nominations as long as nomination if the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Directors.

Appears in 16 contracts

Samples: Distribution and Service Plan and Agreement (Oppenheimer Main Street Funds Inc), Distribution and Service Plan and Agreement (Oppenheimer Main Street Funds Inc), Distribution and Service Plan and Agreement (Oppenheimer Series Fund Inc)

Selection and Nomination of Directors. While this Plan is in effect, the selection and nomination of those persons to be Directors of the Fund Corporation who are not "interested persons" of the Fund or the Corporation ("Disinterested Directors") shall be committed to the discretion of the incumbent such Disinterested Directors. Nothing herein shall prevent the incumbent Disinterested Directors from soliciting the views or the involvement of others in such selection or nominations as long as nomination if the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Directors.

Appears in 13 contracts

Samples: Distribution and Service Plan and Agreement (Quest for Value Fund Inc), Distribution and Service Plan and Agreement (Quest for Value Fund Inc), Distribution and Service Plan and Agreement (Quest for Value Fund Inc)

Selection and Nomination of Directors. While this Plan is in effect, the selection or replacement of Independent Directors and the nomination of those persons to be Directors of the Fund who are not "interested persons" of the Fund ("Disinterested Directors") or the Fund shall be committed to the discretion of the incumbent Disinterested Independent Directors. Nothing herein shall prevent the incumbent Disinterested Independent Directors from soliciting the views or the involvement of others in such selection or nominations as long as nomination if the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Independent Directors.

Appears in 13 contracts

Samples: Distribution and Service Plan and Agreement (Oppenheimer Panorama Series Fund Inc), Distribution and Service Plan and Agreement (Oppenheimer Panorama Series Fund Inc), Distribution and Service Plan and Agreement (Oppenheimer Panorama Series Fund Inc)

Selection and Nomination of Directors. While this Plan is in effect, the selection or replacement of Independent Directors and the nomination of those persons to be Directors of the Fund who are not "interested persons" of the Fund ("Disinterested Directors") shall be committed to the discretion of the incumbent Disinterested Independent Directors. Nothing herein shall prevent the incumbent Disinterested Independent Directors from soliciting the views or the involvement of others in such selection or nominations as long as nomination if the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Independent Directors.

Appears in 8 contracts

Samples: Service Plan and Agreement (Oppenheimer Total Return Fund Inc), Service Plan and Agreement (Oppenheimer Main Street Funds Inc), Service Plan and Agreement (Oppenheimer Main Street Funds Inc)

Selection and Nomination of Directors. While this Plan is in effect, the selection and nomination of persons to be Directors of the Fund who are not "interested persons" of the Fund ("Disinterested Directors") shall be committed to the discretion of the incumbent Disinterested Directors. Nothing herein shall prevent the incumbent Disinterested Directors from soliciting the views or the involvement of others in such selection or nominations as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Directors. 5.

Appears in 5 contracts

Samples: Distribution and Service Plan and Agreement (Oppenheimer Quest for Value Funds), Distribution and Service Plan and Agreement (Oppenheimer Quest for Value Funds), Distribution and Service Plan and Agreement (Oppenheimer Quest for Value Funds)

Selection and Nomination of Directors. While this Plan is in effect, the selection and nomination of those persons to be Directors of the Fund Company who are not "interested persons" of the Fund ("Disinterested Directors") shall be committed to the discretion of the incumbent such Disinterested Directors. Nothing herein shall prevent the incumbent Disinterested Directors from soliciting the views or the involvement of others in such selection or nominations as long as nomination if the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Directors.

Appears in 2 contracts

Samples: Distribution and Service Plan and Agreement (Oppenheimer Series Fund Inc), Distribution and Service Plan and Agreement (Connecticut Mutual Investment Accounts Inc)

Selection and Nomination of Directors. While this Plan is in effect, ---------------------------------------- the selection and nomination of persons to be Directors of the Fund who are not "interested persons" of the Fund ("Disinterested Directors") shall be committed to the discretion of the incumbent Disinterested Directors. Nothing herein shall prevent the incumbent Disinterested Directors from soliciting the views or the involvement of others in such selection or nominations nomination as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Directors.

Appears in 2 contracts

Samples: Plan and Agreement (Oppenheimer Quest Capital Value Fund Inc), Distribution and Service Plan and Agreement (Oppenheimer Quest Global Value Fund Inc)

Selection and Nomination of Directors. While this Plan is in effect, the selection or replacement of --------------------------------------- Independent Directors and the nomination of those persons to be Directors of the Fund who are not "interested persons" of the Fund ("Disinterested Directors") shall be committed to the discretion of the incumbent Disinterested Independent Directors. Nothing herein shall prevent the incumbent Disinterested Independent Directors from soliciting the views or the involvement of others in such selection or nominations as long as nomination if the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Independent Directors.

Appears in 2 contracts

Samples: Service Plan and Agreement (Oppenheimer Series Fund Inc), Service Plan and Agreement (Oppenheimer Series Fund Inc)

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Selection and Nomination of Directors. While this Plan is in effect, the selection and nomination of persons to be Directors of the Fund who are not "interested persons" of the Fund ("Disinterested Directors") shall be committed to the discretion of the incumbent Disinterested Directors. Nothing herein shall prevent the incumbent Disinterested Directors from soliciting the views or the involvement of others in such selection or nominations as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Directors. 5.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Quest International Value Fund)

Selection and Nomination of Directors. While this Plan is in effect, the selection and nomination of persons to be Directors of the Fund who are not "interested persons" of the Fund ("Disinterested Directors") shall be committed to the discretion of the incumbent Disinterested Directors. Nothing herein shall prevent the incumbent Disinterested Directors from soliciting the views or the involvement of others in such selection or nominations as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Directors.Directors.=

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (SteelPath MLP Funds Trust)

Selection and Nomination of Directors. While this Plan is in effect, the selection and nomination of ---------------------------------------- persons to be Directors of the Fund who are not "interested persons" of the Fund ("Disinterested Directors") shall be committed to the discretion of the incumbent Disinterested Directors. Nothing herein shall prevent the incumbent Disinterested Directors from soliciting the views or the involvement of others in such selection or nominations as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Directors.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Main Street Funds Inc)

Selection and Nomination of Directors. While this Plan is in effect, ------------------------------------- the selection and nomination of persons to be Directors of the Fund who are not "interested persons" of the Fund ("Disinterested Directors") shall be committed to the discretion of the incumbent Disinterested Directors. Nothing herein shall prevent the incumbent Disinterested Directors from soliciting the views or the involvement of others in such selection or nominations nomination as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Directors.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Equity Fund Inc)

Selection and Nomination of Directors. While this Plan is in effect, the selection and nomination of persons to be Directors of the Fund who are not "interested persons" of the Fund ("Disinterested Directors") shall be committed to the discretion of the incumbent Disinterested Directors. Nothing herein shall prevent the incumbent Disinterested Directors from soliciting the views or the involvement of others in such selection or nominations nomination as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Directors.

Appears in 1 contract

Samples: Distribution and Service Plan and Agreement (Oppenheimer Main Street Funds Inc)

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