Term; Termination; Amendment. (a) Unless sooner terminated, this Agreement will continue for one year following the date of its adoption as provided in Section 16, and thereafter will continue automatically for successive annual periods provided such continuance is specifically approved at least annually by the Fund in the manner described in Section 16 hereof. This Agreement is terminable, without penalty, at any time by the Fund with respect to any Index Series (which termination may be by a vote of a majority of the Disinterested Directors as defined in Section 16 hereof or by vote of the holders of a majority of the voting securities (as such term is defined in the ▇▇▇▇ ▇▇▇) of such Index Series) or by you upon 60 days' notice in writing to the other party hereto. This Agreement will also terminate automatically in the event of its assignment (within the meaning of the ▇▇▇▇ ▇▇▇) or upon the termination of the Distribution Agreement or Rule 12b-1 Plan between the Fund and us. The Distributor, with the prior written consent of the Fund, may amend this agreement by mailing a copy of the amendment to the Soliciting Dealer, which amendment will become part of this Agreement if the Soliciting Dealer does not object in writing within 10 business days after its receipt. This Agreement may also be amended in writing by the parties hereto. (b) In the event that the Board of Directors of the Fund establishes any series of WEBS listed and traded on the AMEX or any other national securities exchange in addition to the Index Series then subject to this Agreement, adopts a 12b-1 Plan with respect to such additional series and approves this Agreement with respect to such additional series in accordance with Rule 12b-1, such additional series shall be made subject to this Agreement and shall become an "Additional Series" hereunder effective immediately upon such adoption and approval.
Appears in 2 contracts
Sources: Sales and Investor Services Agreement (Foreign Fund Inc), Sales and Investor Services Agreement (Foreign Fund Inc)
Term; Termination; Amendment. (a) Unless sooner terminated, this Agreement will continue for one year following the date of its adoption as provided in Section 1615, and thereafter will continue automatically for successive annual periods provided such continuance is specifically approved at least annually by the Fund in the manner described in Section 16 15 hereof. This Agreement is terminable, without penalty, at any time by the Fund with respect to any Index Series (which termination may be by a vote of a majority of the Disinterested Directors as defined in Section 16 15 hereof or by vote of the holders of a majority of the voting securities (as such term is defined in the ▇▇▇▇ 1940 ▇▇▇) of ▇▇ such Index Series) or by you upon 60 days' notice in writing to the other party hereto. This Agreement will also terminate automatically in the event of its assignment (within the meaning of the ▇▇▇▇ 1940 ▇▇▇) or ▇▇ upon the termination of the Distribution Agreement or Rule 12b-1 Plan between the Fund and us. The Distributor, with the prior written consent of the Fund, may amend this agreement by mailing a copy of the amendment to the Soliciting Dealer, which amendment will become part of this Agreement if the Soliciting Dealer does not object in writing within 10 business days after its receipt. This Agreement may also be amended in writing by the parties hereto.
(b) In the event that the Board of Directors of the Fund establishes any series of WEBS listed and traded on the AMEX or any other national securities exchange in addition to the Index Series then subject to this Agreement, adopts a 12b-1 Plan with respect to such additional series and approves this Agreement with respect to such additional series in accordance with Rule 12b-1, such additional series shall be made subject to this Agreement and shall become an "Additional Series" hereunder effective immediately upon such adoption and approval.
Appears in 2 contracts
Sources: Sales and Investor Services Agreement (Webs Index Fund Inc), Sales and Investor Services Agreement (Webs Index Fund Inc)
Term; Termination; Amendment. (a) Unless sooner terminated, this Agreement will continue for one year following the date of its adoption as provided in Section 1615, and thereafter will continue automatically for successive annual periods provided such continuance is specifically approved at least annually by the Fund in the manner described in Section 16 15 hereof. This Agreement is terminable, without penalty, at any time by the Fund with respect to any WEBS Index Series (which termination may be by a vote of a majority of the Disinterested Directors as defined in Section 16 15 hereof or by vote of the holders of a majority of the voting securities (as such term is defined in the ▇▇▇▇ ▇▇▇1940 Act) of such WEBS Index Series) or by you upon 60 days' notice in writing i▇ ▇▇▇▇▇▇g to the other party hereto. This Agreement will also terminate automatically in the event of its assignment (within the meaning of the ▇▇▇▇ ▇▇▇1940 Act) or upon the termination of the Distribution Agreement or Rule 12b-1 Ru▇▇ ▇▇▇-▇ Plan between the Fund and us. The Distributor, with the prior written consent of the Fund, may amend this agreement by mailing a copy of the amendment to the Soliciting Dealer, which amendment will become part of this Agreement if the Soliciting Dealer does not object in writing within 10 business days after its receipt. This Agreement may also be amended in writing by the parties hereto.
(b) In the event that the Board of Directors of the Fund establishes any series of WEBS listed and traded on the AMEX or any other national securities exchange in addition to the WEBS Index Series then subject to this Agreement, adopts a 12b-1 Plan with respect to such additional series and approves this Agreement with respect to such additional series in accordance with Rule 12b-1, such additional series shall be made subject to this Agreement and shall become an "Additional Series" hereunder effective immediately upon such adoption and approval.
Appears in 1 contract
Sources: Sales and Investor Services Agreement (Webs Index Fund Inc)
Term; Termination; Amendment. (a) Unless sooner terminated, this Agreement will continue for one year following the date of its adoption as provided in Section 16adoption, and thereafter will continue automatically for successive annual periods provided such continuance is specifically approved at least annually by the Fund in the manner described in Section 16 hereofperiods. This Agreement is terminable, without penalty, at any time by the Distributor or the Fund with respect to any iShares MSCI Index Series (which termination may be by a vote of a majority of the Disinterested Directors as defined in Section 16 hereof or by vote of the holders of a majority of the voting securities (as such term is defined in the ▇▇▇▇ ▇▇▇) of such Index Series) Fund or by you upon 60 days' notice in writing to the other party hereto. This Agreement will also terminate automatically in the event of its assignment (within the meaning of the ▇▇▇▇ ▇▇▇) or upon the termination of the Distribution Agreement or Rule 12b-1 Plan between the Fund and us. The Distributor, with the prior written consent of the Fund, may amend this agreement Agreement by mailing a copy of the amendment to the Soliciting Dealer, which amendment will become part of this Agreement if the Soliciting Dealer does not object in writing within 10 business days after its receipt. This Agreement may also be amended in writing by the parties hereto.
(b) In the event that the Board of Directors of the Fund establishes any series of WEBS iShares of the Fund listed and traded on the AMEX or any other national securities exchange in addition to the iShares MSCI Index Series Fund then subject to this Agreement, adopts a 12b-1 Plan with respect to such additional series and approves this Agreement with respect to such additional series in accordance with Rule 12b-1, such additional series shall be made subject to this Agreement and shall become an "Additional SeriesFund" hereunder effective immediately upon such adoption and approval.
Appears in 1 contract
Sources: Sales and Investor Services Agreement (Ishares Inc)
Term; Termination; Amendment. (a) Unless sooner terminated, this Agreement will continue for one year following the date of its adoption as provided in Section 1615, and thereafter will continue automatically for successive annual periods provided such continuance is specifically approved at least annually by the Fund in the manner described in Section 16 15 hereof. This Agreement is terminable, without penalty, at any time by the Fund with respect to any WEBS Index Series (which termination may be by a vote of a majority of the Disinterested Directors as defined in Section 16 15 hereof or by vote of the holders of a majority of the voting securities (as such term is defined in the ▇▇▇▇ 1940 ▇▇▇) of ▇▇ such WEBS Index Series) or by you upon 60 days' notice in writing to the other party hereto. This Agreement will also terminate automatically in the event of its assignment (within the meaning of the ▇▇▇▇ 1940 ▇▇▇) or ▇▇ upon the termination of the Distribution Agreement or Rule 12b-1 Plan between the Fund and us. The Distributor, with the prior written consent of the Fund, may amend this agreement by mailing a copy of the amendment to the Soliciting Dealer, which amendment will become part of this Agreement if the Soliciting Dealer does not object in writing within 10 business days after its receipt. This Agreement may also be amended in writing by the parties hereto.
(b) In the event that the Board of Directors of the Fund establishes any series of WEBS listed and traded on the AMEX or any other national securities exchange in addition to the WEBS Index Series then subject to this Agreement, adopts a 12b-1 Plan with respect to such additional series and approves this Agreement with respect to such additional series in accordance with Rule 12b-1, such additional series shall be made subject to this Agreement and shall become an "Additional Series" hereunder effective immediately upon such adoption and approval.
Appears in 1 contract
Sources: Sales and Investor Services Agreement (Webs Index Fund Inc)