The Alaska Class C Distribution Plan and Agreement is a contractual agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II that outlines the terms and conditions for the distribution of Class C shares in the state of Alaska. This distribution plan and agreement ensure compliance with various laws and regulations governing the sale and marketing of mutual fund shares in Alaska. The Alaska Class C Distribution Plan and Agreement specify the responsibilities of both parties involved. Putnam Mutual Funds Corp, as the distributor, agrees to provide certain services related to the sale, distribution, and redemption of Class C shares in Alaska. These services may include the establishment and maintenance of distribution channels, marketing activities, and investor support services. Putnam High Yield Trust II, as the issuer of Class C shares, agrees to pay a certain fee or commission to the distributor for their services. This fee is typically based on a percentage of the assets under management or the value of shares sold through the distribution channels in Alaska. The agreement also specifies the terms for the calculation and payment of this fee. There may be different types or variations of the Alaska Class C Distribution Plan and Agreement, depending on specific circumstances or investment objectives. Some possible variations include: 1. Standard Alaska Class C Distribution Plan and Agreement: This is the typical agreement that encompasses the general terms and conditions for the distribution of Class C shares in Alaska. It outlines the standard services to be provided by the distributor and the corresponding fees to be paid. 2. Customized or Tailored Alaska Class C Distribution Plan and Agreement: In some cases, Putnam Mutual Funds Corp and Putnam High Yield Trust II may enter into a customized agreement that includes additional provisions or tailored services to meet specific requirements or market conditions in Alaska. This type of agreement is designed to address unique distribution needs and strategies. 3. Amended or Restated Alaska Class C Distribution Plan and Agreement: Over time, changes may be necessary to update or modify the terms and conditions of the original distribution plan and agreement. An amended or restated agreement is executed to reflect any changes or amendments while ensuring continued compliance with relevant laws and regulations. The Alaska Class C Distribution Plan and Agreement serves as a critical document that governs the distribution of Class C shares in Alaska, ensuring transparency, compliance, and appropriate compensation for the distributor. It protects the interests of both the distributor and the issuer while facilitating the investment and redemption process for investors in Alaska.