EFFECTIVE DATE AND TERMINATION OF THE CUSTODIAN AS FOREIGN CUSTODY MANAGER. The Board's delegation to the Custodian as Foreign Custody Manager of the State Street Portfolios shall be effective as of the date of execution of this Agreement and shall remain in effect until terminated with respect to any Trust (or any Portfolio thereof) at any time, without penalty, by written notice from the terminating party to the non-terminating party. Termination will become effective sixty (60) days after receipt by the non-terminating party of such notice or, in the case of termination by the Foreign Custody Manager, such longer period as the parties may agree to in writing reasonably and in good faith. The provisions of Section 4.2 hereof shall govern the delegation to and termination of the Custodian as Foreign Custody Manager of the State Street Portfolios with respect to designated countries.
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EFFECTIVE DATE AND TERMINATION OF THE CUSTODIAN AS FOREIGN CUSTODY MANAGER. The Board's delegation to the Custodian as Foreign Custody Manager of the State Street Portfolios shall be effective as of the date of execution of this Agreement and shall remain in effect until terminated with respect to any Trust Fund (or any Portfolio portfolio thereof) at any time, without penalty, by written notice from the terminating party to the non-terminating party. Termination will become effective sixty (60) days after receipt by the non-terminating party of such notice or, in the case of termination by the Foreign Custody Manager, such longer period as the parties may agree to in writing reasonably and in good faith. The provisions of Section 4.2 hereof shall govern the delegation to and termination of the Custodian as Foreign Custody Manager of the State Street Portfolios with respect to designated countries.
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Sources: Custody and Related Services Agreement (MFS Series Trust XII)