District of Columbia 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 The District of Columbia Distribution Agreement regarding the continuous offering of a Fund's shares is a legal agreement that governs the distribution and sale of the Fund's shares within the District of Columbia. This agreement outlines the terms and conditions under which the shares will be continuously offered to investors in the District of Columbia. The Distribution Agreement ensures that the offering of the Fund's shares complies with all applicable laws and regulations in the District of Columbia. It establishes the relationship between the Fund, its investment adviser, and any participating broker-dealers or distributors responsible for offering the shares to investors. Some key elements covered in the District of Columbia Distribution Agreement include: 1. Territory: The agreement specifies that it applies exclusively to the District of Columbia, limiting the distribution of shares to investors within this geographical area. 2. Offering Guidelines: The agreement defines the manner in which the shares will be offered and sold, including the methods of communication, marketing materials, and disclosure requirements that must be followed by the participating broker-dealers or distributors. 3. Investor Eligibility: The agreement outlines the criteria for determining the eligibility of investors within the District of Columbia to purchase the Fund's shares. This may include factors such as investor qualifications, minimum investment thresholds, and any restrictions on certain types of investors, such as institutional investors or accredited investors. 4. Compensation and Expenses: The agreement describes the compensation arrangements between the Fund and the participating broker-dealers or distributors. It may include details on the fees, commissions, or other compensation structures that apply to the ongoing distribution of the shares. 5. Compliance and Reporting: The agreement ensures that all parties involved comply with relevant regulatory requirements. It may include provisions mandating periodic reporting, record-keeping, and auditing of distribution activities within the District of Columbia. 6. Termination: The agreement specifies the conditions under which the agreement may be terminated by either party. This may include events such as non-compliance with regulations, breach of contract, or mutual agreement between the parties. Depending on the specific needs and circumstances of the Fund, there may be different types of District of Columbia Distribution Agreements regarding the continuous offering of the Fund's shares. These variations could arise due to factors such as the Fund's investment strategy, target investor base, or the distribution channels used. Some possible types include Exclusive Distribution Agreements, Non-Exclusive Distribution Agreements, or Limited Distribution Agreements, each with their particular terms and conditions. In conclusion, the District of Columbia Distribution Agreement plays a critical role in governing the continuous offering of a Fund's shares within the District of Columbia. It ensures compliance with regulations, establishes distribution guidelines, and outlines the relationship between the Fund and its distribution partners. Different types of agreements may exist, tailored to the specific characteristics and requirements of the Fund.

The District of Columbia Distribution Agreement regarding the continuous offering of a Fund's shares is a legal agreement that governs the distribution and sale of the Fund's shares within the District of Columbia. This agreement outlines the terms and conditions under which the shares will be continuously offered to investors in the District of Columbia. The Distribution Agreement ensures that the offering of the Fund's shares complies with all applicable laws and regulations in the District of Columbia. It establishes the relationship between the Fund, its investment adviser, and any participating broker-dealers or distributors responsible for offering the shares to investors. Some key elements covered in the District of Columbia Distribution Agreement include: 1. Territory: The agreement specifies that it applies exclusively to the District of Columbia, limiting the distribution of shares to investors within this geographical area. 2. Offering Guidelines: The agreement defines the manner in which the shares will be offered and sold, including the methods of communication, marketing materials, and disclosure requirements that must be followed by the participating broker-dealers or distributors. 3. Investor Eligibility: The agreement outlines the criteria for determining the eligibility of investors within the District of Columbia to purchase the Fund's shares. This may include factors such as investor qualifications, minimum investment thresholds, and any restrictions on certain types of investors, such as institutional investors or accredited investors. 4. Compensation and Expenses: The agreement describes the compensation arrangements between the Fund and the participating broker-dealers or distributors. It may include details on the fees, commissions, or other compensation structures that apply to the ongoing distribution of the shares. 5. Compliance and Reporting: The agreement ensures that all parties involved comply with relevant regulatory requirements. It may include provisions mandating periodic reporting, record-keeping, and auditing of distribution activities within the District of Columbia. 6. Termination: The agreement specifies the conditions under which the agreement may be terminated by either party. This may include events such as non-compliance with regulations, breach of contract, or mutual agreement between the parties. Depending on the specific needs and circumstances of the Fund, there may be different types of District of Columbia Distribution Agreements regarding the continuous offering of the Fund's shares. These variations could arise due to factors such as the Fund's investment strategy, target investor base, or the distribution channels used. Some possible types include Exclusive Distribution Agreements, Non-Exclusive Distribution Agreements, or Limited Distribution Agreements, each with their particular terms and conditions. In conclusion, the District of Columbia Distribution Agreement plays a critical role in governing the continuous offering of a Fund's shares within the District of Columbia. It ensures compliance with regulations, establishes distribution guidelines, and outlines the relationship between the Fund and its distribution partners. Different types of agreements may exist, tailored to the specific characteristics and requirements of the Fund.