Common use of Continuance and Termination Clause in Contracts

Continuance and Termination. This Agreement shall remain in full force and effect through September 30, 2002, and is renewable annually thereafter by specific approval of the Board or by the affirmative vote of a majority of the outstanding voting securities of the Series. Any such renewal shall be approved by the vote of a majority of the Trustees who are not interested persons under the Investment Company Act, cast in person at a meeting called for the purpose of voting on such renewal. This Agreement may be terminated without penalty at any time by the Board, by vote of a majority of the outstanding voting securities of the Series, or by the Manager or by the Subadviser upon 60 days' written notice. This Agreement shall automatically terminate in the event of its assignment by either party to this Agreement, as defined in the Investment Company Act, or upon termination of the Manager's Investment Management Agreement with the Trust, on behalf of the Series. In addition, the Manager or the Trust may terminate this Agreement upon immediate notice if the Subadviser becomes statutorily disqualified from performing its duties under this Agreement or otherwise is legally prohibited from operating as an investment adviser.

Appears in 10 contracts

Samples: Subadvisory Agreement (Scudder Variable Series Ii), Subadvisory Agreement (Kemper Variable Series /Ma/), Subadvisory Agreement (Scudder Variable Series Ii)

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Continuance and Termination. This Agreement shall remain in full force and effect through September 30, 20022001, and is renewable annually thereafter by specific approval of the Board of Trustees of the Trust or by the affirmative vote of a majority of the outstanding voting securities of the Series. Any such renewal shall be approved by the vote of a majority of the Trustees of the Trust who are not interested persons under the Investment Company 1940 Act, cast in person at a meeting called for the purpose of voting on such renewal. This Agreement may be terminated without penalty at any time by the BoardTrustees, by vote of a majority of the outstanding voting securities of the Series, or by the Manager or by the Subadviser upon 60 days' days written notice. This Agreement shall , and will automatically terminate in the event of its assignment by either party to this Agreement, as defined in the Investment Company 1940 Act, or upon termination of the Manager's Investment Management Agreement with the Trust, on behalf of the Series. In addition, the Manager or the Trust may terminate this Agreement upon immediate notice if the Subadviser becomes statutorily disqualified from performing its duties under this Agreement or otherwise is legally prohibited from operating as an investment adviser.

Appears in 4 contracts

Samples: Subadvisory Agreement (Scudder Investors Trust), Subadvisory Agreement (Kemper Variable Series /Ma/), Subadvisory Agreement (Kemper Funds Trust)

Continuance and Termination. This Agreement shall remain in full force and effect through September 30, 20022000, and is renewable annually thereafter by specific approval of the Board of Trustees of the Trust or by the affirmative vote of a majority of the outstanding voting securities of the Series. Any such renewal shall be approved by the vote of a majority of the Trustees of the Trust who are not interested persons under the Investment Company 1940 Act, cast in person at a meeting called for the purpose of voting on such renewal. This Agreement may be terminated without penalty at any time by the BoardTrustees, by vote of a majority of the outstanding voting securities of the Series, or by the Manager or by the Subadviser upon 60 days' days written notice. This Agreement shall , and will automatically terminate in the event of its assignment by either party to this Agreement, as defined in the Investment Company 1940 Act, or upon termination of the Manager's Investment Management Agreement with the Trust, on behalf of the Series. In addition, the Manager or the Trust may terminate this Agreement upon immediate notice if the Subadviser becomes statutorily disqualified from performing its duties under this Agreement or otherwise is legally prohibited from operating as an investment adviser.

Appears in 3 contracts

Samples: Subadvisory Agreement (Investors Fund Series), Subadvisory Agreement (Kemper Variable Series /Ma/), Subadvisory Agreement (Kemper Asian Growth Fund)

Continuance and Termination. This Agreement shall remain in full force and effect through September 30, 20022001, and is renewable annually thereafter by specific approval of the Board or by the affirmative vote of a majority of the outstanding voting securities of the SeriesFund. Any such renewal shall be approved by the vote of a majority of the Trustees who are not interested persons under the Investment Company Act, cast in person at a meeting called for the purpose of voting on such renewal. This Agreement may be terminated without penalty at any time by the Board, by vote of a majority of the outstanding voting securities of the SeriesFund, or by the Manager or by the Subadviser upon 60 days' days written notice. This Agreement shall automatically terminate in the event of its assignment by either party to this Agreement, as defined in the Investment Company Act, or upon termination of the Manager's Investment Management Agreement with the Trust, on behalf of the SeriesFund. In addition, the Manager or the Trust may terminate this Agreement upon immediate notice if the Subadviser becomes statutorily disqualified from performing its duties under this Agreement or otherwise is legally prohibited from operating as an investment adviser.

Appears in 2 contracts

Samples: Subadvisory Agreement (Scudder Focus Value Plus Growth Fund/), Subadvisory Agreement (Scudder Focus Value Plus Growth Fund/)

Continuance and Termination. This Agreement shall remain in full force and effect through September 30, 2002, and is renewable annually thereafter by specific approval of the Board of Trustees of the Trust or by the affirmative vote of a majority of the outstanding voting securities of the Series. Any such renewal shall be approved by the vote of a majority of the Trustees of the Trust who are not interested persons under the Investment Company 1940 Act, cast in person at a meeting called for the purpose of voting on such renewal. This Agreement may be terminated without penalty at any time by the BoardTrustees, by vote of a majority of the outstanding voting securities of the Series, or by the Manager or by the Subadviser upon 60 days' days written notice. This Agreement shall , and will automatically terminate in the event of its assignment by either party to this Agreement, as defined in the Investment Company 1940 Act, or upon termination of the Manager's Investment Management Agreement with the Trust, on behalf of the Series. In addition, the Manager or the Trust may terminate this Agreement upon immediate notice if the Subadviser becomes statutorily disqualified from performing its duties under this Agreement or otherwise is legally prohibited from operating as an investment adviser.

Appears in 2 contracts

Samples: Subadvisory Agreement (Scudder Variable Series Ii), Subadvisory Agreement (Scudder Variable Series Ii)

Continuance and Termination. This Agreement shall remain in full force and effect through September 30, 20022005, and is renewable annually thereafter by specific approval of the Board of Trustees of the Trust or by the affirmative vote of a majority of the outstanding voting securities of the Series. Any such renewal shall be approved by the vote of a majority of the Trustees of the Trust who are not interested persons under the Investment Company 1940 Act, cast in person at a meeting called for the purpose of voting on such renewal. This Agreement may be terminated without penalty at any time by the BoardTrustees, by vote of a majority of the outstanding voting securities of the Series, or by the Manager or by the Subadviser upon 60 days' days written notice. This Agreement shall , and will automatically terminate in the event of its assignment by either party to this Agreement, as defined in the Investment Company 1940 Act, or upon termination of the Manager's Investment Management Agreement with the Trust, on behalf of the Series. In addition, the Manager or the Trust may terminate this Agreement upon immediate notice if the Subadviser becomes statutorily disqualified from performing its duties under this Agreement or otherwise is legally prohibited from operating as an investment adviser.

Appears in 2 contracts

Samples: Subadvisory Agreement (Scudder Variable Series Ii), Subadvisory Agreement (Scudder Total Return Fund)

Continuance and Termination. This Agreement shall remain in full force and effect through September 30, 20022003, and is renewable annually thereafter by specific approval of the Board or by the affirmative vote of a majority of the outstanding voting securities of the Series. Any such renewal shall be approved by the vote of a majority of the Trustees who are not interested persons under the Investment Company Act, cast in person at a meeting called for the purpose of voting on such renewal. This Agreement may be terminated without penalty at any time by the Board, by vote of a majority of the outstanding voting securities of the Series, or by the Manager or by the Subadviser upon 60 days' written notice. This Agreement shall automatically terminate in the event of its assignment by either party to this Agreement, as defined in the Investment Company Act, or upon termination of the Manager's Investment Management Agreement with the Trust, on behalf of the Series. In addition, the Manager or the Trust may terminate this Agreement upon immediate notice if the Subadviser becomes statutorily disqualified from performing its duties under this Agreement or otherwise is legally prohibited from operating as an investment adviser.

Appears in 2 contracts

Samples: Subadvisory Agreement (Scudder Variable Series Ii), Subadvisory Agreement (Scudder Variable Series Ii)

Continuance and Termination. This Agreement shall remain in full force and effect through September 30, 2002, and is renewable annually thereafter by specific approval of the Board or by the affirmative vote of a majority of the outstanding voting securities of the Series. Any such renewal shall be approved by the vote of a majority of the Trustees who are not interested persons under the Investment Company Act, cast in person at a meeting called for the purpose of voting on such renewal. This Agreement may be terminated without penalty at any time by the Board, by vote of a majority of the outstanding voting securities of the Series, or by the Manager or by the Subadviser upon 60 days' days written notice. This Agreement shall automatically terminate in the event of its assignment by either party to this Agreement, as defined in the Investment Company Act, or upon termination of the Manager's Investment Management Agreement with the Trust, on behalf of the Series. In addition, the Manager or the Trust may terminate this Agreement upon immediate notice if the Subadviser becomes statutorily disqualified from performing its duties under this Agreement or otherwise is legally prohibited from operating as an investment adviser.

Appears in 2 contracts

Samples: Subadvisory Agreement (Scudder Variable Series Ii), Subadvisory Agreement (Scudder Variable Series Ii)

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Continuance and Termination. This Agreement shall remain in full force and effect through September 30, 20022003, and is renewable annually thereafter by specific approval of the Board of Directors of the Corporation or by the affirmative vote of a majority of the outstanding voting securities of the Series. Any such renewal shall be approved by the vote of a majority of the Trustees Directors of the Corporation who are not interested persons under the Investment Company 1940 Act, cast in person at a meeting called for the purpose of voting on such renewal. This Agreement may be terminated without penalty at any time by the BoardDirectors, by vote of a majority of the outstanding voting securities of the Series, or by the Manager or by the Subadviser upon 60 days' days written notice. This Agreement shall , and will automatically terminate in the event of its assignment by either party to this Agreement, as defined in the Investment Company 1940 Act, or upon termination of the Manager's Investment Management Agreement with the Trust, on behalf of the SeriesCorporation. In addition, the Manager or the Trust Corporation may terminate this Agreement upon immediate notice if the Subadviser becomes statutorily disqualified from performing its duties under this Agreement or otherwise is legally prohibited from operating as an investment adviser.

Appears in 1 contract

Samples: Subadvisory Agreement (Scudder New Europe Fund Inc /New/)

Continuance and Termination. This Agreement shall remain in full force and effect through September 30, 20022003, and is renewable annually thereafter by specific approval of the Board of Trustees of the Trust or by the affirmative vote of a majority of the outstanding voting securities of the Series. Any such renewal shall be approved by the vote of a majority of the Trustees of the Trust who are not interested persons under the Investment Company 1940 Act, cast in person at a meeting called for the purpose of voting on such renewal. This Agreement may be terminated without penalty at any time by the BoardTrustees, by vote of a majority of the outstanding voting securities of the Series, or by the Manager or by the Subadviser upon 60 days' days written notice. This Agreement shall , and will automatically terminate in the event of its assignment by either party to this Agreement, as defined in the Investment Company 1940 Act, or upon termination of the Manager's Investment Management Agreement with the Trust, on behalf of the Series. In addition, the Manager or the Trust may terminate this Agreement upon immediate notice if the Subadviser becomes statutorily disqualified from performing its duties under this Agreement or otherwise is legally prohibited from operating as an investment adviser.

Appears in 1 contract

Samples: Subadvisory Agreement (Scudder Strategic Income Fund)

Continuance and Termination. This Agreement shall remain in full force and effect through September 30, 20022001, and is renewable annually thereafter by specific approval of the Board or by the affirmative vote of a majority of the outstanding voting securities of the Series. Any such renewal shall be approved by the vote of a majority of the Trustees who are not interested persons under the Investment Company Act, cast in person at a meeting called for the purpose of voting on such renewal. This Agreement may be terminated without penalty at any time by the Board, by vote of a majority of the outstanding voting securities of the Series, or by the Manager or by the Subadviser upon 60 days' days written notice. This Agreement shall automatically terminate in the event of its assignment by either party to this Agreement, as defined in the Investment Company Act, or upon termination of the Manager's Investment Management Agreement with the Trust, on behalf of the Series. In addition, the Manager or the Trust may terminate this Agreement upon immediate notice if the Subadviser becomes statutorily disqualified from performing its duties under this Agreement or otherwise is legally prohibited from operating as an investment adviser.

Appears in 1 contract

Samples: Subadvisory Agreement (Scudder Variable Series Ii)

Continuance and Termination. This Agreement shall remain in full force and effect through September 30, 2002, and is renewable annually thereafter by specific approval of the Board or by the affirmative vote of a majority of the outstanding voting securities of the SeriesFund. Any such renewal shall be approved by the vote of a majority of the Trustees who are not interested persons under the Investment Company Act, cast in person at a meeting called for the purpose of voting on such renewal. This Agreement may be terminated without penalty at any time by the Board, by vote of a majority of the outstanding voting securities of the SeriesFund, or by the Manager or by the Subadviser upon 60 days' days written notice. This Agreement shall automatically terminate in the event of its assignment by either party to this Agreement, as defined in the Investment Company Act, or upon termination of the Manager's Investment Management Agreement with the Trust, on behalf of the SeriesFund. In addition, the Manager or the Trust may terminate this Agreement upon immediate notice if the Subadviser becomes statutorily disqualified from performing its duties under this Agreement or otherwise is legally prohibited from operating as an investment adviser.

Appears in 1 contract

Samples: Subadvisory Agreement (Scudder Focus Value Plus Growth Fund/)

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