Fiduciary Exemption to Change of Recommendation Covenant Treuhänderische Ausnahme von der Verpflichtung zur Empfehlungsänderung Fiduciary Exemption to Change of Recommendation Covenant Exención fiduciaria al convenio de cambio de recomendación Exención fiduciaria al convenio de cambio de recomendación Exemption fiduciaire de la clause de changement de recommandation פטור פידוסיארי מההסכם לשינוי ההמלצה सिद्धांत बदलने के लिए फिडुसियरी छूट 勧告変更の信託免除 Exceção fiduciária à cláusula de mudança de recomendação 信托豁免更改建议契约 A fiduciary exemption to change of recommendation covenant is a legal concept that allows a fiduciary to deviate from a previously agreed-upon recommendation in certain circumstances, without breaching their fiduciary duty.