Class C Distribution Plan and Agreement between Putnam Mutual Funds Corporation and Putnam High Yield Trust II dated July 16, 1999. 3 pages.
Maine Class C Distribution Plan and Agreement refer to a contractual arrangement between Putnam Mutual Funds Corp and Putnam High Yield Trust II for the distribution of Class C shares in the state of Maine. This plan outlines the terms, conditions, and procedures for the sale and distribution of the Class C shares to investors in Maine. It is important to note that the specific terms may vary, and different types of Maine Class C Distribution Plans and Agreements may exist. The main purpose of the Maine Class C Distribution Plan is to define the obligations and responsibilities of both parties involved in the distribution process. Putnam Mutual Funds Corp, as the provider of mutual funds, and Putnam High Yield Trust II, as the issuer of Class C shares, enter into this agreement to ensure compliance with state laws, regulations, and requirements pertaining to the offering and sale of these shares in the state of Maine. The agreement typically includes several key provisions. First, it outlines the eligibility criteria for investors to purchase Class C shares in Maine, ensuring compliance with state-specific regulations. It may specify residency requirements or other factors that must be met for investors to participate in the offering. Additionally, the Maine Class C Distribution Plan details the sales charges, fees, or commissions associated with the purchase of the Class C shares. These charges could include front-end loads, contingent deferred sales charges (CDs), or other fees as applicable. The agreement also addresses the responsibilities of Putnam Mutual Funds Corp and Putnam High Yield Trust II regarding disclosure and reporting obligations to investors. This includes providing comprehensive information about the risks, performance, and characteristics of the Class C shares being offered in Maine, in accordance with state laws. Furthermore, the Maine Class C Distribution Plan may outline marketing and advertising strategies specifically tailored for the promotion of the Class C shares within the state. It could specify approved materials, advertising channels, and compliance guidelines to ensure accurate and transparent communication with potential investors. It is important to highlight that while the specifics of the Maine Class C Distribution Plan and Agreement may vary, the fundamental goal remains consistent — to facilitate the proper offering, sale, and distribution of Class C shares within the regulatory framework of the state of Maine.
Maine Class C Distribution Plan and Agreement refer to a contractual arrangement between Putnam Mutual Funds Corp and Putnam High Yield Trust II for the distribution of Class C shares in the state of Maine. This plan outlines the terms, conditions, and procedures for the sale and distribution of the Class C shares to investors in Maine. It is important to note that the specific terms may vary, and different types of Maine Class C Distribution Plans and Agreements may exist. The main purpose of the Maine Class C Distribution Plan is to define the obligations and responsibilities of both parties involved in the distribution process. Putnam Mutual Funds Corp, as the provider of mutual funds, and Putnam High Yield Trust II, as the issuer of Class C shares, enter into this agreement to ensure compliance with state laws, regulations, and requirements pertaining to the offering and sale of these shares in the state of Maine. The agreement typically includes several key provisions. First, it outlines the eligibility criteria for investors to purchase Class C shares in Maine, ensuring compliance with state-specific regulations. It may specify residency requirements or other factors that must be met for investors to participate in the offering. Additionally, the Maine Class C Distribution Plan details the sales charges, fees, or commissions associated with the purchase of the Class C shares. These charges could include front-end loads, contingent deferred sales charges (CDs), or other fees as applicable. The agreement also addresses the responsibilities of Putnam Mutual Funds Corp and Putnam High Yield Trust II regarding disclosure and reporting obligations to investors. This includes providing comprehensive information about the risks, performance, and characteristics of the Class C shares being offered in Maine, in accordance with state laws. Furthermore, the Maine Class C Distribution Plan may outline marketing and advertising strategies specifically tailored for the promotion of the Class C shares within the state. It could specify approved materials, advertising channels, and compliance guidelines to ensure accurate and transparent communication with potential investors. It is important to highlight that while the specifics of the Maine Class C Distribution Plan and Agreement may vary, the fundamental goal remains consistent — to facilitate the proper offering, sale, and distribution of Class C shares within the regulatory framework of the state of Maine.