Review of Compliance Program. No later than the Effective Date, the CCO shall review and revise, where necessary, the written compliance policies and procedures (the “Compliance Program”) of the Trust, which shall address compliance with, and be reasonably designed to prevent violation of, “Federal Securities Laws.”1 In addition to provisions of Federal Securities Laws that apply to the Trust, the Compliance Program will be revised, where necessary, to address compliance with, and ensure that it is reasonably designed to prevent violation of, the Trust’s Trust Instrument and by-laws and all exemptive orders, no-action letters and other regulatory relief received by the Trust from the Securities and Exchange Commission (the “SEC”) and Financial Industry Regulatory Association, Inc. (the “FINRA”) (all such items collectively, “Regulatory Relief”); provided, however, that the Compliance Program shall address only that Regulatory Relief afforded the Service Providers or the Trust or relevant to compliance by the Service Providers or the Trust, and shall not address the terms by which other parties may receive the benefits of any Regulatory Relief.
Review of Compliance Program. No later than April 17, 2009, the CCO shall review and revise, where necessary, the written compliance policies and procedures (the “Compliance Program”) of CLIENT, which shall address compliance with, and be reasonably designed to prevent violation of, “Federal Securities Laws.”1 In addition to provisions of Federal Securities Laws that apply to CLIENT, the Compliance Program will be revised, where necessary, to address compliance with, and ensure that it is reasonably designed to prevent violation of, CLIENT charter and by-laws and all exemptive orders, no-action letters and other regulatory relief received by CLIENT from the U.S. Securities and Exchange Commission (the “SEC”) and Financial Industry Regulatory Association, Inc. (the “FINRA”) (all such items collectively, “Regulatory Relief”); provided, however, that the Compliance Program shall address only that Regulatory Relief afforded the Service Providers or CLIENT or relevant to compliance by the Service Providers or CLIENT, and shall not address the terms by which other parties may receive the benefits of any Regulatory Relief.
Review of Compliance Program. No later than the effective date, the CCO shall, with the assistance of the Trust, provide, review and revise, where necessary, the written compliance policies and procedures (the “Compliance Program”) of the Trust, which shall address compliance with, and be reasonably designed to prevent violation of, “Federal Securities Laws”1 and provide for the oversight of compliance by each investment adviser, principal underwriter, administrator and transfer agent to the Funds. In addition to provisions of Federal Securities Laws that apply to the Trust, the Compliance Program will be revised, where necessary, to address compliance with, and ensure that it is reasonably designed to prevent violation of, the Trust’s charter and by-laws and all exemptive orders, no-action letters and other regulatory relief received by or applicable to the Trust as issued by the Securities and Exchange Commission (the “SEC”) (or its staff) and Financial Industry Regulatory Association, Inc. (the “FINRA”) (all such items collectively, “Regulatory Relief”); provided, however, that the Compliance Program shall address only that Regulatory Relief afforded the Service Providers or the Trust or relevant to compliance by the Service Providers or the Trust, and shall not address the terms by which other parties may receive the benefits of any Regulatory Relief. For purposes of this Agreement, the term Compliance Program shall include reasonable and appropriate policies and procedures based on the Funds’ operations, including any policies and procedures as may be approved by the Board of Trustees of the Trust from time to time pursuant to Rule 38a-1 under the Investment Company Act.
Review of Compliance Program. No later than March 15, 2015, the CCO shall, with the assistance of the Trust, review and revise, where necessary, the written compliance policies and procedures (the “Compliance Program”) of the Trust, which shall address compliance with, and be reasonably designed to prevent violation of, “Federal Securities Laws.”1In addition to provisions of Federal Securities Laws that apply to the Trust, the Compliance Program will be revised, where necessary, to address compliance with, and ensure that it is reasonably designed to prevent violation of, the Trust’s charter and by-laws and all exemptive orders, no-action letters and other regulatory relief received by the Trust from the Securities and Exchange Commission (the “SEC”) and the Financial Industry Regulatory Authority, Inc. (“FINRA”) and the rules of any stock exchange where shares of a series fund of the Trust are listed (all such items collectively, “Regulatory Relief”); provided, however, that the Compliance Program shall address only that Regulatory Relief afforded the Service Providers or the Trust or relevant to compliance by the Service Providers or the Trust, and shall not address the terms by which other parties may receive the benefits of any Regulatory Relief.
Review of Compliance Program. During the term of this Agreement, Ultimus will review and recommend changes, if necessary, to the Trust’s written policies and procedures that are reasonably designed to prevent violation of the Federal Securities Laws (as defined in Rule 38a-1), including policies and procedures that provide for the oversight of compliance by each investment adviser, principal underwriter, administrator, and transfer agent of the Trust (collectively, the “Service Providers”). Additionally, the CCO will review quarterly certifications and other compliance reports submitted by the Trust and its Service Providers. Xxxxxx Mutual Funds Ultimus Compliance Services Agreement August 15, 2017 Page 1 of 9
Review of Compliance Program. No later than the day the Trust’s shares commence trading on the New York Stock Exchange (the “NYSE”), the CCO shall, develop, review and revise, where necessary, the written compliance policies and procedures (the “Compliance Program”) of the Trust, which shall address compliance with, and be reasonably designed to prevent violation of, “Federal Securities Laws.”(1) In addition to provisions of Federal Securities Laws that apply to the Trust, the Compliance Program will be revised, where necessary, to address compliance with, and ensure that it is reasonably designed to prevent violation of, the Trust’s charter and by-laws and all exemptive orders, no-action letters and other regulatory relief received by the Trust from the Securities and Exchange Commission (the “SEC”) and Financial Industry Regulatory Association, Inc. (all such items collectively, “Regulatory Relief”); provided, however, that the Compliance Program shall address only that Regulatory Relief afforded the Fund Service Providers (as defined in Section III below) or the Trust or relevant to compliance by the Fund Service Providers or the Trust, and shall not address the terms by which other parties may receive the benefits of any Regulatory Relief.
