Common use of Termination of Chief Compliance Officer Clause in Contracts

Termination of Chief Compliance Officer. In the event such person is: (1) terminated as Chief Compliance Officer by the Board, or (2) terminated as a Beacon Hill employee or agent, Beacon Hill will promptly make another person available to serve as the Chief Compliance Officer who is acceptable to the Board. Should the Board choose not to elect such replacement Chief Compliance Officer designated by Beacon Hill, the Agreement shall terminate. Payment for compliance services fees described in Schedule B should be paid in full, up to and including the date of termination of the compliance services.

Termination of Chief Compliance Officer. In the event such person is: (1) terminated as Chief Compliance Officer by the Board, or (2) terminated as a Beacon Hill employee or agentemployee, Beacon Hill will employ reasonable good faith efforts to promptly make another person appropriately qualified person, who is acceptable to the Board, available to serve as the Chief Compliance Officer who is acceptable to the BoardOfficer. Should the Board choose not to elect approve the designation of such replacement person as Chief Compliance Officer designated by Beacon HillOfficer, the Agreement shall terminate. Payment for compliance services fees described in Schedule B should be paid in full, up to and including the date of termination of the compliance services.

Termination of Chief Compliance Officer. In the event such person is: (1) terminated as Chief Compliance Officer by the Board, or (2) terminated as a Beacon Hill employee or agentemployee, Beacon Hill will employ reasonable good faith efforts to promptly make another person available to serve as the Chief Compliance Officer who is acceptable to Officer, at the request of the Board. Should the Board choose not to elect such replacement Chief Compliance Officer designated by Beacon Hill, the Agreement shall terminate. Payment for compliance services fees described in Schedule B should be paid in full, up to and including the date of termination of the compliance services.

Termination of Chief Compliance Officer. In the event such person is: (1) terminated as Chief Compliance Officer by the Board, or (2) terminated as a Beacon Hill employee or agentemployee, Beacon Hill will employ reasonable good faith efforts to promptly make another qualified person available to serve as the Chief Compliance Officer who is acceptable to Officer, at the request of the Board. Should the Board choose not to elect such replacement Chief Compliance Officer designated by Beacon Hill, the Agreement shall terminate. Payment for compliance services fees described in Schedule B should be paid in full, up to and including the date of termination of the compliance services.