Common use of Term and Approval Clause in Contracts

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being approved in accordance with the requirements of the 1940 Act, and executed by the Manager and the Trust, and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “a majority of the outstanding voting securities” of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s Trustees who are not parties to this Agreement or “interested persons” (as defined in the 1940 Act) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being it is approved in accordance with the express requirements of the 1940 Act, and executed by the Manager and the Trust, Adviser and Sub-Adviser and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (ai) by the Board, Trust’s Board of Trustees or (ii) by the vote of “a majority of the outstanding voting securities” of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) and by the affirmative vote of a majority of the Trust’s Trustees who are not parties to this Agreement or “interested persons” (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being approved in accordance with the requirements of the 1940 Act, and executed by the Manager Adviser and the Trust, and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “a majority of the outstanding voting securities” of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s Trustees who are not parties to this Agreement or “interested persons” (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being it is approved in accordance with the express requirements of the 1940 Act, and executed by the Manager and the Trust, Adviser and Sub-Adviser and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “a majority of the outstanding voting securities” of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s Trustees who are not parties to this Agreement or “interested persons” (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being it is approved in accordance with the express requirements of the 1940 Act, and executed by the Manager and the Trust, Adviser and Sub-Adviser and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “"a majority of the outstanding voting securities” " of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s 's Trustees who are not parties to this Agreement or “"interested persons” " (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being approved in accordance with the requirements of the 1940 Act, and executed by the Manager and the Trust, and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “a majority of the outstanding voting securities” of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s Trustees who are not parties to this Agreement or “interested persons” (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being approved in accordance with the requirements of the 1940 Act, and executed by the Manager Adviser and the Trust, and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “a majority of the outstanding voting securities” of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s Trustees who are not parties to this Agreement or “interested persons” (as defined in the 1940 Act) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a the Fund for an initial two-year term after being approved in accordance with the requirements of the 1940 Act, Act and executed by the Manager and the Trust, and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “a majority of the outstanding voting securities” of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s Trustees who are not parties to this Agreement or “interested persons” (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being approved in accordance with the requirements of the 1940 Act, and executed by the Manager and the Trust, and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “a majority of the outstanding voting securities” of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s Trustees who are not parties to this Agreement or “interested persons” (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being approved approval in accordance with the requirements of the 1940 Act, and executed by the Manager and the Trust, and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “"a majority of the outstanding voting securities” " of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s 's Trustees who are not parties to this Agreement or “"interested persons” " (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being it is approved in accordance with the express requirements of the 1940 Act, and executed by the Manager and the Trust, Adviser and Sub-Adviser and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “"a majority of the outstanding voting securities” " of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s 's Trustees who are not parties to this Agreement or “"interested persons” " (as defined in the 1940 Act) of a party to this Agreement ▇▇▇▇▇▇▇▇t (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being approved approval in accordance with the requirements of the 1940 Act, and executed by the Manager and the Trust, and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “a majority of the outstanding voting securities” of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s Trustees who are not parties to this Agreement or “interested persons” (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a the Fund for an initial two-year term after being approved in accordance with the requirements of the 1940 Act, Act and executed by the Manager and the Trust, and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “"a majority of the outstanding voting securities” " of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s 's Trustees who are not parties to this Agreement or “"interested persons” " (as defined in the 1940 Act1▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being it is approved in accordance with the express requirements of the 1940 Act, and executed by the Manager and the Trust, Adviser and Sub-Adviser and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “"a majority of the outstanding voting securities” " of the Fund (as defined in Section 2(a)(42) of the 1940 Act), andor (b) by the affirmative vote of a majority of the Trust’s 's Trustees who are not parties to this Agreement or “"interested persons” " (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being it is approved in accordance with the express requirements of the 1940 Act, and executed by the Manager and the Trust, Adviser and Sub-Adviser and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “"a majority of the outstanding voting securities” " of the Fund (as defined in Section 2(a)(42) of the 1940 Act), andor (b) by the affirmative vote of a majority of the Trust’s 's Trustees who are not parties to this Agreement or “"interested persons” " (as defined in the 1940 Act) of a party to this Agreement A▇▇▇▇▇▇▇▇ (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being approved in accordance with the requirements of the 1940 Act, and executed by the Manager and the Trust, and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “a majority of the outstanding voting securities” of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s Trustees who are not parties to this Agreement or “interested persons” (as defined in the 1940 Act1▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a the Fund for an initial two-year term after being it is approved in accordance with the express requirements of the 1940 Act, and executed by the Manager and the Trust, Adviser and Sub-Adviser and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “"a majority of the outstanding voting securities” " of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s 's Trustees who are not parties to this Agreement or “"interested persons” " (as defined in the 1940 Act) of a party to this Agreement ▇▇▇▇ ▇▇reement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.. WELLS FARGO MASTER TRUS▇ -- INTERNATIONAL GROWTH PORTFOLIO

Term and Approval. This Agreement shall become effective with respect to a the Fund for an initial two-year term after being it is approved in accordance with the express requirements of the 1940 Act, and executed by the Manager and the Trust, Adviser and Sub-Adviser and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “a majority of the outstanding voting securities” of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s Trustees who are not parties to this Agreement or “interested persons” (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being approved in accordance with the requirements of the 1940 Act, and executed by the Manager Adviser and the Trust, and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “a majority of the outstanding voting securities” of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s Trustees who are not parties to this Agreement or “interested persons” (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being it is approved in accordance with the express requirements of the 1940 Act, and executed by the Manager and the Trust, Adviser and Sub-Adviser and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “"a majority of the outstanding voting securities” " of the Fund (as defined in Section 2(a)(42) of the 1940 Act), andor (b) by the affirmative vote of a majority of the Trust’s 's Trustees who are not parties to this Agreement or “"interested persons” " (as defined in the 1940 Act) of a party to this Agreement ▇▇▇▇▇▇▇▇t (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a the Fund for an initial two-year term after being approved in accordance with the requirements of the 1940 Act, Act and executed by the Manager Adviser and the Trust, and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “a majority of the outstanding voting securities” of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s Trustees who are not parties to this Agreement or “interested persons” (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being it is approved in accordance with the express requirements of the 1940 Act, and executed by the Manager and the Trust, Adviser and Sub-Adviser and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “a majority of the outstanding voting securities” of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s Trustees who are not parties to this Agreement or “interested persons” (as defined in the 1940 Act) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being approved in accordance with the requirements of the 1940 Act, and executed by the Manager Adviser and the Trust, and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) (I) by the Board, Trust's Board of Trustees or (ii) by the vote of “"a majority of the outstanding voting securities” " of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s Trustees 's Directors who are not parties to this Agreement or “"interested persons” " (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees Directors of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a the Fund for an initial two-year term after being it is approved in accordance with the express requirements of the 1940 Act, and executed by the Manager and the Trust, Adviser and Sub-Adviser and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “"a majority of the outstanding voting securities” " of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s 's Trustees who are not parties to this Agreement or “"interested persons” " (as defined in the 1940 Act) of a party to this Agreement A▇▇▇▇▇▇▇▇ (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a the Fund for an initial two-year term after being approved in accordance with the requirements of the 1940 Act, Act and executed by the Manager and the Trust, and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “"a majority of the outstanding voting securities” " of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s 's Trustees who are not parties to this Agreement or “"interested persons” " (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a the Fund for an initial two-year term after being it is approved in accordance with the express requirements of the 1940 Act, and executed by the Manager and the Trust, Adviser and Sub-Adviser and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “"a majority of the outstanding voting securities” " of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s 's Trustees who are not parties to this Agreement or “"interested persons” " (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being it is approved in accordance with the express requirements of the 1940 Act, and executed by the Manager and the Trust, Adviser and Sub-Adviser and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “"a majority of the outstanding voting securities” " of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s 's Trustees who are not parties to this Agreement or “"interested persons” " (as defined in the 1940 Act) of a party to this Agreement ▇▇▇▇▇▇▇nt (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a the Fund for an initial two-year term after being approved in accordance with the requirements of the 1940 Act, Act and executed by the Manager Adviser and the Trust, and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “"a majority of the outstanding voting securities” " of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s 's Trustees who are not parties to this Agreement or “"interested persons” " (as defined in the 1940 Act) of a party to this Agreement thi▇ ▇▇▇▇▇▇ent (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective with respect to a Fund for an initial two-year term after being it is approved in accordance with the express requirements of the 1940 Act, and executed by the Manager and the Trust, Adviser and Sub-Adviser and shall thereafter continue from year to year, provided that the continuation of the Agreement is specifically approved in accordance with the requirements of the 1940 Act, which currently requires that the continuation be approved at least annually: (a) by the Board, or by the vote of “a majority of the outstanding voting securities” of the Fund (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Trust’s Trustees who are not parties to this Agreement or “interested persons” (as defined in the 1940 Act▇▇▇▇ ▇▇▇) of a party to this Agreement (other than as Trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.