Request for Indemnification. A request by the Trustee for indemnification shall be made in writing addressed to the Secretary of the Trust. The Secretary of the Trust shall promptly advise the Board of any request received. Upon the Trustee’s request for indemnification, a determination with respect to the Trustee’s entitlement thereto shall be made, under the procedures set forth in Section 4, by the vote of a majority of a quorum of Independent Trustees or, if such a quorum is not obtainable or if the Independent Trustees so direct, by Independent Counsel.
Appears in 5 contracts
Sources: Indemnification Agreement (Pacific Select Fund), Indemnification Agreement (Pacific Select Fund), Indemnification Agreement (Pacific Select Fund)
Request for Indemnification. A request by the Trustee for indemnification shall be made in writing addressed to the Secretary of the Trust. The Secretary Trust TheSecretary of the Trust shall promptly advise the Board of any request received. Upon the Trustee’s 's request for indemnification, a determination with respect to the Trustee’s 's entitlement thereto shall be made, under the procedures set forth in Section 4, by the vote of a majority of a quorum of Independent Trustees or, if such a quorum is not obtainable or if the Independent Trustees so direct, by Independent Counsel.
Appears in 1 contract
Sources: Reorganization Agreement (Pacific Funds Series Trust)