The Maine Distribution Agreement between Ingenuity Capital Management, LLC and Daugherty Capital Markets is a legal contract that outlines the terms and conditions for the distribution of investment products and services in the state of Maine. This agreement encompasses various types of distribution arrangements, including: 1. General Distribution Agreement: This type of agreement stipulates the overall framework and obligations for the distribution of investment products and services offered by Ingenuity Capital Management, LLC through the distribution network of Daugherty Capital Markets in the state of Maine. 2. Exclusive Distribution Agreement: Under this agreement, Daugherty Capital Markets gains exclusive rights to distribute specific investment products and services offered by Ingenuity Capital Management, LLC in the Maine market. This exclusive arrangement enables Daugherty Capital Markets to focus solely on promoting and distributing Ingenuity's products, thereby enhancing market penetration and visibility. 3. Non-Exclusive Distribution Agreement: In contrast to the exclusive distribution agreement, this arrangement allows Ingenuity Capital Management, LLC to engage multiple distribution partners, including Daugherty Capital Markets, for the distribution of their investment products and services in Maine. It provides flexibility to both parties and ensures diversification in the distribution network. 4. Limited Distribution Agreement: This agreement sets specific limitations on the scope and range of investment products and services that Daugherty Capital Markets can distribute on behalf of Ingenuity Capital Management, LLC in the Maine market. It might restrict certain products or services to specific target markets or client segments for strategic reasons or regulatory compliance. 5. Revenue Sharing Distribution Agreement: This unique type of distribution agreement involves a revenue-sharing arrangement between Ingenuity Capital Management, LLC and Daugherty Capital Markets. The agreement outlines the terms of splitting the revenue generated from the distribution of investment products and services in Maine between both entities, creating a mutually beneficial relationship. Regardless of the specific type of Maine Distribution Agreement between Ingenuity Capital Management, LLC and Daugherty Capital Markets, certain key elements are common to all agreements. These include the obligations and responsibilities of the parties involved, the duration of the agreement, territory restrictions, marketing and promotional efforts, termination clauses, confidentiality provisions, and dispute resolution mechanisms. It is essential for both parties to carefully review, negotiate, and formalize all terms within the agreement to ensure a transparent and successful distribution partnership in the Maine market.