Assignment or Amendment. The Administrator may assign the performance of certain of the administrative services hereunder to a related administrative services company, subject to the approval of a majority of the Board of Trustees of the Company, including a majority of those Trustees who are not parties to the Agreement or "interested persons" of any such party as such persons are defined in the Investment Company Act of 1940. This Agreement may be amended only if such amendment is specifically approved by a majority of the Board of Directors of the Trust, including a majority of those directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval.
Appears in 10 contracts
Samples: Administration Agreement (Anchor International Bond Trust), Administration Agreement (Anchor Capital Accumulation Trust), Proposed Administration Agreement (Anchor Capital Accumulation Trust)
