49. Vacancy in Office

In the absence of a written agreement to the contrary, the Board may remove, whether for cause or without cause, any Officer of the Fund. Unless so removed, an Officer shall hold office until the earlier of: 49.1. the Officer's successor being appointed; 49.2. the Officer's resignation; or 49.3. such Officer's death. If the office of any Officer of the Fund shall be or become vacant, the Directors may, by resolution, appoint a person to fill such vacancy.