Escrow provisions clause samples

4. Proceeds of Exercise. Shares acquired upon exercise of your Option will be retained in Escrow under these Escrow Provisions. You may elect to keep any proceeds from the sale of such Shares (any such sale to be performed by the Company under your direction) in your account under these Escrow Provisions or to have them distributed to you in RMB. If you elect to have the proceeds distributed to you in RMB, the Company will use its reasonable efforts to effect such distribution within 10 business days of the sale, pursuant to such channels as the Company reasonably determines appropriate.

14.Enhance the disclosure regarding letters of intent including escrow provisions. See Item 12(a)(2) of Form N-1A and Instruction 1 thereto.

To provide for continuity in the operation of the Funds, at a special meeting held on November 2, 2018, the Board approved: (1) interim investment advisory and administrative services agreements between the Adviser and the Trust, on behalf of each Fund (the “Interim Advisory Agreements”); and (2) an interim investment sub-advisory agreement by and among the Trust (on behalf of each of the Sub-Advised Funds), the Adviser and the Sub-Adviser (the “Interim Sub-Advisory Agreement”) that will each take effect immediately upon Closing. In reliance upon applicable rules under the 1940 Act, the Adviser and the Sub-Adviser will be permitted to provide investment advisory and sub-advisory services to the relevant Funds under the Interim Advisory and Sub-Advisory Agreements, as applicable, for up to 150 days following Closing, and may do so without having received the prior approval of shareholders of the relevant Funds. The terms and conditions of the Interim Advisory and Sub-Advisory Agreements are substantially identical to the Existing Advisory and Sub-Advisory Agreements, except for the new Adviser, duration, termination and escrow provisions. The Interim Advisory Agreements and Interim Sub-Advisory Agreement may be terminated prior to the completion of its 150 day term, including in the event that shareholders of the Funds approve the New Advisory Agreements and New Sub-Advisory Agreement, as applicable (each defined below).