Common use of ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT Clause in Contracts

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract will automatically terminate, without the payment of any penalty, in the event of its assignment, provided that no delegation of responsibilities by the Manager pursuant to Section 1(e) will be deemed to constitute an assignment. No provision of this Contract may be changed, waived, discharged or terminated unless approved by both parties hereto and the sole shareholder of the Company.

Appears in 2 contracts

Sources: Management Contract (Putnam Investment Funds), Management Contract (Putnam Investment Funds)