Common use of EFFECTIVENESS AND DURATION Clause in Contracts

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the Company’s Board or (ii) by a vote of a majority of the Shares of the Company, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on sixty (60) days' notice, by the Board, by vote of a majority of the outstanding voting securities of such Company, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment." (d) NLD agrees to notify the Company immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyCorporation’s s Board or (ii) by a vote of a majority of the Shares of the CompanyCorporation, provided that in either event its continuance also is approved by a majority of the Board members who are not "“interested persons" ” of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on sixty (60) days' ’ notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyCorporation, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "“assignment."” (d) NLD agrees to notify the Company Corporation immediately upon the event of NLD’s expulsion or suspension by FINRAF▇▇▇▇. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year two‐year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" ʺinterested personsʺ of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement Agreement is terminable, without penalty, on sixty (60) days' days written notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment." (d) ʺassignment.ʺ NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by FINRA. This FINRA.This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "“interested persons" ” of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement Agreement is terminable, without penalty, on not less than sixty (60) days' ’ notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "“assignment."” (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial twoone-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "“interested persons" ” of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement Agreement is terminable, without penalty, on sixty (60) days' ’ notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "“assignment."” (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by the FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by the FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" ʺinterested personsʺ of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on sixty (60) days' daysʹ notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment."ʺassignment.ʺ (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof Effective Date and have an initial term of two (2) years (the “Initial Term”). This Agreement will continue for an initial two-year term and will continue thereafter after the Initial Term so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" ʺinterested personsʺ of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement Agreement is terminable, without penalty, on sixty (60) days' daysʹ notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment."ʺassignmentʺ. (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by FINRAF▇▇▇▇. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement Agreement is terminable, without penalty, on not less than sixty (60) days' notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment." (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" ʺinterested personsʺ of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement Agreement is terminable, without penalty, on sixty (60) days' days written notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment."ʺassignment.ʺ (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyCorporation’s s Board or (ii) by a vote of a majority of the Shares of the CompanyCorporation, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on not less than sixty (60) days' notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyCorporation, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment." (d) NLD agrees to notify the Company Corporation immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyCorporation’s s Board or (ii) by a vote of a majority of the Shares of the CompanyCorporation, provided that in either event its continuance also is approved by a majority of the Board members who are not "“interested persons" ” of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on sixty (60) days' ’ notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyCorporation, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "“assignment."” (d) NLD agrees to notify the Company Corporation immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof Effective Date and have an initial term of two (2) years (the “Initial Term”). This Agreement will continue for an initial two-year term and will continue thereafter after the Initial Term so long as such continuance is specifically approved at least annually (i) by the CompanyFund’s Board or (ii) by a vote of a majority of the Shares of the CompanyFund, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement Agreement is terminable, without penalty, on sixty thirty (6030) days' ’ notice, by the Board, by vote of a majority of the outstanding voting securities of such Companythe Fund, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment." (d) NLD agrees to notify the Company Fund immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the Company’s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on sixty (60) days' notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment." (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year two‐year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" ʺinterested personsʺ of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on sixty (60) days' daysʹ notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment."ʺassignment.ʺ (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyFund’s Board or (ii) by a vote of a majority of the Shares of the CompanyFund, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement Agreement is terminable, without penalty, on sixty (60) days' written notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyFund, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment." (d) NLD agrees to notify the Company Fund immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof Effective Date and have an initial term of two (2) years (the “Initial Term”). This Agreement will continue for an initial two-year term and will continue thereafter after the Initial Term so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" ʺinterested personsʺ of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement Agreement is terminable, without penalty, on sixty (60) days' daysʹ notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment."ʺassignmentʺ. (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year two‐year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" ʺinterested personsʺ of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement Agreement is terminable, without penalty, on not less than sixty (60) days' daysʹ notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment."ʺassignment.ʺ (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by the FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by the FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "“interested persons" ” of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on sixty (60) days' ’ notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "“assignment."” (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by FINRAF▇▇▇▇. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on not less than sixty (60) days' notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment." (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by the FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRAthe F▇▇▇▇.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term through September 26, 2016 and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement Agreement is terminable, without penalty, on sixty (60) days' ’ written notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment." (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyCorporation’s s Board or (ii) by a vote of a majority of the Shares of the CompanyCorporation, provided that in either event its continuance also is approved by a majority of the Board members who are not "“interested persons" ” of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on not less than sixty (60) days' ’ notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyCorporation, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "“assignment."” (d) NLD agrees to notify the Company Corporation immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the Company’s Corporation's s Board or (ii) by a vote of a majority of the Shares of the CompanyCorporation, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on sixty (60) days' notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyCorporation, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment." (d) NLD agrees to notify the Company Corporation immediately upon the event of NLD’s 's expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s 's expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the Company’s Board or (ii) by a vote of a majority of the Shares of the Company, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on not less than sixty (60) days' notice, by the Board, by vote of a majority of the outstanding voting securities of such Company, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment." (d) NLD agrees to notify the Company immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement Agreement is terminable, without penalty, on not less than sixty (60) days' notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment." (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by the FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by the FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" ʺinterested personsʺ of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement Agreement is terminable, without penalty, on sixty (60) days' ’ written notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "“assignment."” (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial twoone-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on not less than sixty (60) days' notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment." (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by the FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by the FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof Effective Date and have an initial term of two (2) years (the “Initial Term”). This Agreement will continue for an initial two-year term and will continue thereafter after the Initial Term so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement Agreement is terminable, without penalty, on sixty (60) days' notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment." (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by FINRAF▇▇▇▇. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year two‐year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the CompanyTrust’s s Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" ʺinterested personsʺ of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement Agreement is terminable, without penalty, on sixty (60) days' daysʹ notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment."ʺassignment.ʺ (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the Company’s Trust's Board or (ii) by a vote of a majority of the Shares of the CompanyTrust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on not less than sixty (60) days' notice, by the Board, by vote of a majority of the outstanding voting securities of such CompanyTrust, or by NLD. (c) This Agreement will wil1 automatically and immediately terminate in the event of its "assignment." (d) NLD agrees to notify the Company Trust immediately upon the event of NLD’s 's expulsion or suspension by the FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s 's expulsion or suspension by the FINRA.