Common use of Term and Election Clause in Contracts

Term and Election. Each Trustee shall hold office until the next meeting of Shareholders called for the purpose of considering the election or re-election of such Trustee or of a successor to such Trustee, and until his or her successor is elected and qualified, and any Trustee who is appointed by the Trustees in the interim to fill a vacancy as provided hereunder shall have the same remaining term as that of his or her predecessor, if any, or such term as the Trustees may determine.

Appears in 15 contracts

Samples: Spa Etf Trust (SPA ETF Trust), Agreement and Declaration (Vericimetry Funds), Agreement and Declaration of Trust (Javelin Exchange-Traded Trust)

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Term and Election. Each Trustee shall hold office until the next meeting of Shareholders called for the purpose of considering the election or re-election reelection of such Trustee or of a successor to such Trustee, and until his or her successor is elected and qualified, and any Trustee who is appointed by the Trustees in the interim to fill a vacancy as provided hereunder shall have the same remaining term as that of his or her predecessor, if any, or such term as the Trustees may determine.

Appears in 10 contracts

Samples: Agreement and Declaration (Sprott ETF Trust), Agreement and Declaration of Trust (SHP ETF Trust), Agreement and Declaration of Trust (Tema ETF Trust)

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