Distribution Agreement between Prudential Tax-Managed Growth Fund and Prudential Investment Management Services, LLC regarding the continuous offering of the Fund's shares in order to promote the growth of the Fund and facilitate the distribution of the
The Arkansas Distribution Agreement is a legally binding contract that governs the ongoing distribution and sale of shares of a fund within the state of Arkansas. This agreement outlines the terms and conditions under which the fund's shares will be offered and continuously sold to investors. Keywords: Arkansas, Distribution Agreement, continuous offering, Fund's shares, legally binding, contract, distribution, sale, terms and conditions, investors. The Arkansas Distribution Agreement plays a crucial role in ensuring compliance with state laws and regulations governing the sale of securities. It provides a framework for the fund's distributor and any other parties involved in the distribution process to operate within. Types of Arkansas Distribution Agreement regarding the continuous offering of the Fund's shares: 1. Standard Arkansas Distribution Agreement: This is the most common type of agreement and sets forth the general terms and conditions governing the continuous offering of the fund's shares. It includes provisions regarding the distribution fees, responsibilities of the distributor, and the obligations of the fund. 2. Exclusive Arkansas Distribution Agreement: In some cases, a fund may choose to enter into an exclusive agreement with a single distributor for the continuous offering of its shares in Arkansas. This agreement grants exclusive rights to the distributor, restricting other parties from offering or selling the fund's shares within the state. 3. Non-Exclusive Arkansas Distribution Agreement: Alternatively, a fund may opt for a non-exclusive distribution agreement, allowing multiple distributors to offer and sell the fund's shares in Arkansas. This agreement sets forth the terms and conditions applicable to all participating distributors, ensuring fair competition and widespread availability of the Fund's shares. 4. Amended and Restated Arkansas Distribution Agreement: Over time, changes in laws, regulations, or business requirements may necessitate revisions to the original distribution agreement. An amended and restated agreement is a formal document that incorporates these updates, superseding and replacing the previous version while maintaining continuity in the continuous offering of the fund's shares. Overall, the Arkansas Distribution Agreement serves as a comprehensive document that governs the continuous offering of a fund's shares within the state, ensuring compliance with laws, defining the roles and responsibilities of all parties involved, and providing clarity and transparency to investors.
The Arkansas Distribution Agreement is a legally binding contract that governs the ongoing distribution and sale of shares of a fund within the state of Arkansas. This agreement outlines the terms and conditions under which the fund's shares will be offered and continuously sold to investors. Keywords: Arkansas, Distribution Agreement, continuous offering, Fund's shares, legally binding, contract, distribution, sale, terms and conditions, investors. The Arkansas Distribution Agreement plays a crucial role in ensuring compliance with state laws and regulations governing the sale of securities. It provides a framework for the fund's distributor and any other parties involved in the distribution process to operate within. Types of Arkansas Distribution Agreement regarding the continuous offering of the Fund's shares: 1. Standard Arkansas Distribution Agreement: This is the most common type of agreement and sets forth the general terms and conditions governing the continuous offering of the fund's shares. It includes provisions regarding the distribution fees, responsibilities of the distributor, and the obligations of the fund. 2. Exclusive Arkansas Distribution Agreement: In some cases, a fund may choose to enter into an exclusive agreement with a single distributor for the continuous offering of its shares in Arkansas. This agreement grants exclusive rights to the distributor, restricting other parties from offering or selling the fund's shares within the state. 3. Non-Exclusive Arkansas Distribution Agreement: Alternatively, a fund may opt for a non-exclusive distribution agreement, allowing multiple distributors to offer and sell the fund's shares in Arkansas. This agreement sets forth the terms and conditions applicable to all participating distributors, ensuring fair competition and widespread availability of the Fund's shares. 4. Amended and Restated Arkansas Distribution Agreement: Over time, changes in laws, regulations, or business requirements may necessitate revisions to the original distribution agreement. An amended and restated agreement is a formal document that incorporates these updates, superseding and replacing the previous version while maintaining continuity in the continuous offering of the fund's shares. Overall, the Arkansas Distribution Agreement serves as a comprehensive document that governs the continuous offering of a fund's shares within the state, ensuring compliance with laws, defining the roles and responsibilities of all parties involved, and providing clarity and transparency to investors.