Common use of Duration, Amendment and Termination Clause in Contracts

Duration, Amendment and Termination. This Agreement shall go into effect as to each Fund on the date set forth above (the “Effective Date”) and shall continue in effect for two years from the Effective Date and shall continue from year to year thereafter, but only so long as such continuance is specifically approved at least annually by the Board of Trustees, including the vote of a majority of the trustees who are not parties to this Agreement or “interested persons” (as defined in the Act) of any such party cast in person at a meeting called for the purpose of voting on such approval.

Appears in 2 contracts

Sources: Administrative Services Agreement (Guinness Atkinson Funds), Administrative Services Agreement (Guinness Atkinson Funds)