The Indiana Class C Distribution Plan and Agreement is a contractual agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II, outlining the terms and conditions surrounding the distribution of Class C shares within the state of Indiana. This distribution plan enables investors to access the investment opportunities offered by Putnam High Yield Trust II through Class C shares, which are specifically designed for long-term investing. The Indiana Class C Distribution Plan and Agreement serve as a guide for both the mutual funds corporation and the trust, ensuring a transparent and efficient distribution process that complies with all relevant regulations and laws. The agreement not only outlines the responsibilities and obligations of both parties but also highlights the rights and protections afforded to investors. Within the broader context of the Indiana Class C Distribution Plan and Agreement, there can be several subtypes or variations that cater to specific needs or circumstances. For instance, there could be different plans or agreements based on the duration of investment, minimum investment amounts, or availability of certain benefits or features. Some of the key elements that may be covered in the Indiana Class C Distribution Plan and Agreement include: 1. Distribution Channels: The agreement defines the authorized distribution channels through which Class C shares can be bought or sold. It may include various platforms and intermediaries like brokerage firms, financial advisors, or direct purchases through the funds' corporation. 2. Sales Charges and Expenses: The distribution plan discloses the sales charges and expenses associated with Class C shares. This includes any front-end or contingent deferred sales charges, management fees, and other related costs. 3. Compensation and Sales Practices: The agreement outlines the compensation structure for intermediaries or sales agents involved in the distribution process. It may address issues such as commissions, revenue-sharing arrangements, or incentives provided to intermediaries. 4. Redemption Process: The plan discusses the procedures and requirements for redeeming or selling Class C shares, indicating any time limits, redemption fees, or other conditions that may apply. 5. Investor Rights and Protection: The agreement ensures that investors are provided with clear information about their rights, including the ability to access relevant documents, receive updates and disclosures, and exercise voting rights on matters affecting Class C shares. 6. Termination and Amendments: The plan defines the circumstances under which the agreement can be terminated or amended, along with any associated procedures or notice periods. It is important for investors to carefully review the Indiana Class C Distribution Plan and Agreement before entering into any investment transactions. By familiarizing themselves with the terms and conditions and asking any necessary questions, investors can make informed decisions regarding their investments in Putnam High Yield Trust II's Class C shares.