Colorado Distribution Agreement regarding the continuous offering of the Fund's shares

• Category: Corporations - Public - Distribution
• State: Multi-State
• Control #: US-EG-9373
• Format: Word; Rich Text

Description

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 A Colorado Distribution Agreement is a legal contract that outlines the terms and conditions between a mutual fund company seeking to distribute its shares and a third-party distributor based in Colorado. This agreement is specifically focused on the continuous offering of the Fund's shares to potential investors in the state of Colorado. The Colorado Distribution Agreement includes various key provisions and clause relevant to the continuous offering of the Fund's shares. It typically covers aspects such as: 1. Distribution Rights: The agreement specifies the distributor's exclusive rights to promote, market, and sell the Fund's shares in the state of Colorado. It outlines the distributor's authority to engage with potential investors and facilitate the purchase and redemption of shares. 2. Compliance and Regulatory Requirements: The agreement clearly outlines the distributor's obligations to comply with all applicable laws, rules, and regulations in Colorado. This includes registration requirements with relevant authorities overseeing securities and mutual funds. 3. Sales and Marketing Activities: The agreement specifies the distributor's responsibilities regarding sales and marketing efforts within Colorado. This includes determining marketing strategies, advertising campaigns, promotional materials, and organizing investor seminars or events. 4. Compensation and Expenses: The agreement details the compensation structure of the distributor, which may include a base fee, sales-based commissions, or other incentives tied to the performance of the Fund's shares. It also covers the reimbursement of reasonable expenses incurred by the distributor for sales and marketing activities. 5. Reporting and Record-Keeping: The agreement establishes the distributor's obligation to maintain accurate records of all transactions, investor information, and sales activities. It may also outline reporting requirements, including periodic sales reports and investor updates. Different types or variations of Colorado Distribution Agreements regarding the continuous offering of the Fund's shares may include: 1. Exclusive Distribution Agreement: This type of agreement grants the distributor exclusive rights to distribute the Fund's shares solely within the state of Colorado, limiting competition from other distributors. 2. Non-Exclusive Distribution Agreement: In contrast to the exclusive agreement, this type allows the mutual fund company to engage multiple distributors within Colorado to market and sell their shares. This offers flexibility and potentially wider exposure for the Fund. 3. Co-Distribution Agreement: This agreement involves collaboration between multiple distributors to promote and distribute the Fund's shares in Colorado. Each distributor may have specific territories or target audiences, providing a broader reach for the mutual fund company. 4. Sub-Distribution Agreement: This type of agreement involves a primary distributor who contracts with sub-distributors to market and sell the Fund's shares in specific regions or areas within Colorado. The primary distributor remains responsible for overseeing compliance and coordinating marketing efforts. In summary, a Colorado Distribution Agreement pertaining to the continuous offering of a mutual fund's shares outlines the terms and responsibilities of a third-party distributor operating within the state. It covers critical aspects such as distribution rights, compliance requirements, sales and marketing activities, compensation, and reporting. Different variations of this agreement may exist, including exclusive, non-exclusive, co-distribution, and sub-distribution agreements.

A Colorado Distribution Agreement is a legal contract that outlines the terms and conditions between a mutual fund company seeking to distribute its shares and a third-party distributor based in Colorado. This agreement is specifically focused on the continuous offering of the Fund's shares to potential investors in the state of Colorado. The Colorado Distribution Agreement includes various key provisions and clause relevant to the continuous offering of the Fund's shares. It typically covers aspects such as: 1. Distribution Rights: The agreement specifies the distributor's exclusive rights to promote, market, and sell the Fund's shares in the state of Colorado. It outlines the distributor's authority to engage with potential investors and facilitate the purchase and redemption of shares. 2. Compliance and Regulatory Requirements: The agreement clearly outlines the distributor's obligations to comply with all applicable laws, rules, and regulations in Colorado. This includes registration requirements with relevant authorities overseeing securities and mutual funds. 3. Sales and Marketing Activities: The agreement specifies the distributor's responsibilities regarding sales and marketing efforts within Colorado. This includes determining marketing strategies, advertising campaigns, promotional materials, and organizing investor seminars or events. 4. Compensation and Expenses: The agreement details the compensation structure of the distributor, which may include a base fee, sales-based commissions, or other incentives tied to the performance of the Fund's shares. It also covers the reimbursement of reasonable expenses incurred by the distributor for sales and marketing activities. 5. Reporting and Record-Keeping: The agreement establishes the distributor's obligation to maintain accurate records of all transactions, investor information, and sales activities. It may also outline reporting requirements, including periodic sales reports and investor updates. Different types or variations of Colorado Distribution Agreements regarding the continuous offering of the Fund's shares may include: 1. Exclusive Distribution Agreement: This type of agreement grants the distributor exclusive rights to distribute the Fund's shares solely within the state of Colorado, limiting competition from other distributors. 2. Non-Exclusive Distribution Agreement: In contrast to the exclusive agreement, this type allows the mutual fund company to engage multiple distributors within Colorado to market and sell their shares. This offers flexibility and potentially wider exposure for the Fund. 3. Co-Distribution Agreement: This agreement involves collaboration between multiple distributors to promote and distribute the Fund's shares in Colorado. Each distributor may have specific territories or target audiences, providing a broader reach for the mutual fund company. 4. Sub-Distribution Agreement: This type of agreement involves a primary distributor who contracts with sub-distributors to market and sell the Fund's shares in specific regions or areas within Colorado. The primary distributor remains responsible for overseeing compliance and coordinating marketing efforts. In summary, a Colorado Distribution Agreement pertaining to the continuous offering of a mutual fund's shares outlines the terms and responsibilities of a third-party distributor operating within the state. It covers critical aspects such as distribution rights, compliance requirements, sales and marketing activities, compensation, and reporting. Different variations of this agreement may exist, including exclusive, non-exclusive, co-distribution, and sub-distribution agreements.