Florida Distribution Agreement regarding the continuous offering of the Trust's transferable shares of beneficial interest

• Category: Corporations - Public - Distribution
• State: Multi-State
• Control #: US-EG-9319
• Format: Word; Rich Text

Description

Distribution Agreement between Active Assets Premier Money Trust and Morgan Stanley Dean Witter Advisors, Inc. regarding the continuous offering of the Trust's transferable shares of beneficial interest (without par value) in order to promote the growth A Florida Distribution Agreement is a legally binding contract that outlines the terms and conditions for the continuous offering of a Trust's transferable shares of beneficial interest. This agreement is essential for entities looking to distribute these shares and establish a framework for their ongoing sale in compliance with Florida state laws. The Florida Distribution Agreement includes various provisions that govern the distribution process, responsibilities of the parties involved, and the protection of investors' interests. It ensures compliance with applicable regulations and securities laws while facilitating the smooth and transparent distribution of the Trust's shares. The agreement typically covers important aspects such as: 1. Parties involved: The agreement identifies the Trust, which is offering the transferable shares, and the distributor or selling agent responsible for selling and marketing these shares to potential investors. 2. Scope of distribution: It clearly defines the scope and terms of the distribution, detailing the specific shares and classes being offered, the offering period, and any limitations or restrictions associated with the sale. 3. Registration requirements: The agreement ensures compliance with Florida's securities laws, which may require the filing of a registration statement with the relevant authorities to offer and sell the shares to the public. 4. Marketing and promotional activities: It outlines the distributor's marketing and promotional obligations, specifying the permitted methods and materials to be used while ensuring compliance with advertising and solicitation rules. 5. Compensation and fees: The agreement describes how the distributor will be compensated for their services, including any upfront fees, commissions, or other compensation structures. 6. Representations and warranties: The agreement includes representations and warranties made by both parties regarding their authority, compliance with laws, and the accuracy of the information provided. 7. Indemnification and liability: It covers the allocation of risks between the parties, including indemnification clauses to protect each party from liabilities arising from any misrepresentations, omissions, or violations of laws. 8. Termination and amendments: The agreement includes provisions outlining the circumstances under which the agreement can be terminated and the procedures for amendments or modifications. There may be different types or variations of Florida Distribution Agreements depending on the unique circumstances or specific requirements of the Trust or distributor. These types may include variants for different classes of shares, varying distribution periods, or additional provisions tailored to specific investment or regulatory concerns. In summary, a Florida Distribution Agreement is essential for the continuous offering of a Trust's transferable shares of beneficial interest. It establishes the framework for compliance, distribution, and marketing activities, ensuring transparency and legal protection for all parties involved.

A Florida Distribution Agreement is a legally binding contract that outlines the terms and conditions for the continuous offering of a Trust's transferable shares of beneficial interest. This agreement is essential for entities looking to distribute these shares and establish a framework for their ongoing sale in compliance with Florida state laws. The Florida Distribution Agreement includes various provisions that govern the distribution process, responsibilities of the parties involved, and the protection of investors' interests. It ensures compliance with applicable regulations and securities laws while facilitating the smooth and transparent distribution of the Trust's shares. The agreement typically covers important aspects such as: 1. Parties involved: The agreement identifies the Trust, which is offering the transferable shares, and the distributor or selling agent responsible for selling and marketing these shares to potential investors. 2. Scope of distribution: It clearly defines the scope and terms of the distribution, detailing the specific shares and classes being offered, the offering period, and any limitations or restrictions associated with the sale. 3. Registration requirements: The agreement ensures compliance with Florida's securities laws, which may require the filing of a registration statement with the relevant authorities to offer and sell the shares to the public. 4. Marketing and promotional activities: It outlines the distributor's marketing and promotional obligations, specifying the permitted methods and materials to be used while ensuring compliance with advertising and solicitation rules. 5. Compensation and fees: The agreement describes how the distributor will be compensated for their services, including any upfront fees, commissions, or other compensation structures. 6. Representations and warranties: The agreement includes representations and warranties made by both parties regarding their authority, compliance with laws, and the accuracy of the information provided. 7. Indemnification and liability: It covers the allocation of risks between the parties, including indemnification clauses to protect each party from liabilities arising from any misrepresentations, omissions, or violations of laws. 8. Termination and amendments: The agreement includes provisions outlining the circumstances under which the agreement can be terminated and the procedures for amendments or modifications. There may be different types or variations of Florida Distribution Agreements depending on the unique circumstances or specific requirements of the Trust or distributor. These types may include variants for different classes of shares, varying distribution periods, or additional provisions tailored to specific investment or regulatory concerns. In summary, a Florida Distribution Agreement is essential for the continuous offering of a Trust's transferable shares of beneficial interest. It establishes the framework for compliance, distribution, and marketing activities, ensuring transparency and legal protection for all parties involved.