The Michigan Management Agreement is a legal document that outlines the relationship between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC in the state of Michigan. This agreement governs the management of the fund, defining the roles and responsibilities of both parties involved. Prudential Tax-Managed Growth Fund is an investment fund that focuses on tax-efficient growth strategies for investors. Prudential Investments Fund Management, LLC, on the other hand, is the entity responsible for managing the fund and making investment decisions on behalf of the investors. The agreement covers various aspects pertaining to the management of the fund. It outlines the investment objectives, policies, and strategies that Prudential Investments Fund Management, LLC will employ to achieve the desired growth for the Prudential Tax-Managed Growth Fund. These strategies may involve diversification, allocation of assets, risk management, and other investment techniques. Furthermore, the agreement elaborates on the compensation structure for Prudential Investments Fund Management, LLC. It outlines the fees or expenses that may be charged to the fund and specifies how these payments will be calculated and distributed over time. This ensures transparency and clarity regarding the financial arrangements between the fund and the management company. Additionally, the Michigan Management Agreement also addresses the termination or amendment of the agreement. It outlines the conditions under which either party can terminate the agreement and the process that needs to be followed. It may also mention provisions for renegotiation or amendment if necessary. Furthermore, it is important to note that this description pertains specifically to the Michigan Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC. There may be different types or variations of this agreement in other states or between different entities. However, without specific knowledge of these variations, it is not possible to provide further details or categorize them by name.