Missouri Distribution Agreement regarding the continuous offering of the Fund's shares

• Category: Corporations - Public - Distribution
• State: Multi-State
• Control #: US-EG-9373
• Format: Word; Rich Text

Description

Distribution Agreement between Prudential Tax-Managed Growth Fund and Prudential Investment Management Services, LLC regarding the continuous offering of the Fund's shares in order to promote the growth of the Fund and facilitate the distribution of the A Missouri Distribution Agreement is a legal contract that governs the process of continuously offering a fund's shares in the state of Missouri. This agreement outlines the roles, responsibilities, and obligations of the fund manager and the distributor in relation to the distribution of the fund's shares in the state. Keywords: Missouri, Distribution Agreement, continuous offering, Fund's shares, legal contract, roles, responsibilities, obligations, fund manager, distributor. Types of Missouri Distribution Agreements regarding the continuous offering of the Fund's shares: 1. General Distribution Agreement: This type of agreement establishes the overall framework for the continuous offering of the fund's shares in Missouri. It specifies the general terms and conditions, including the roles and responsibilities of both parties involved. 2. Exclusive Distribution Agreement: In this type of agreement, the fund manager grants exclusive distribution rights to a specific distributor for the Missouri market. The distributor becomes the sole entity authorized to distribute the fund's shares within the state. This agreement may include provisions for marketing efforts, promotional activities, and performance targets. 3. Non-Exclusive Distribution Agreement: Unlike an exclusive agreement, a non-exclusive distribution agreement allows multiple distributors to offer the fund's shares in Missouri. Each distributor operates independently and competes with others to attract investors. The fund manager may set specific criteria for selection and performance evaluation of these distributors. 4. Sub-distribution Agreement: This type of agreement is created when a distributor appoints sub-distributors to expand the distribution network in Missouri. The sub-distributors work under the main distributor's umbrella, promoting and selling the fund's shares within their designated territories. The sub-distribution agreement outlines the relationship between the main distributor and the sub-distributors, including commissions, responsibilities, and reporting mechanisms. 5. Registered Investment Advisor (RIA) Distribution Agreement: This agreement occurs when a registered investment advisor in Missouri wishes to distribute the fund's shares directly to their clients. It establishes a contractual relationship between the fund manager and the RIA, defining the terms of distribution, fiduciary duties, and compliance requirements. In conclusion, a Missouri Distribution Agreement pertaining to the continuous offering of a fund's shares is a crucial legal document that regulates the relationship between the fund manager and distributor. It outlines the terms and conditions, rights, and obligations related to the distribution process in the state of Missouri.

A Missouri Distribution Agreement is a legal contract that governs the process of continuously offering a fund's shares in the state of Missouri. This agreement outlines the roles, responsibilities, and obligations of the fund manager and the distributor in relation to the distribution of the fund's shares in the state. Keywords: Missouri, Distribution Agreement, continuous offering, Fund's shares, legal contract, roles, responsibilities, obligations, fund manager, distributor. Types of Missouri Distribution Agreements regarding the continuous offering of the Fund's shares: 1. General Distribution Agreement: This type of agreement establishes the overall framework for the continuous offering of the fund's shares in Missouri. It specifies the general terms and conditions, including the roles and responsibilities of both parties involved. 2. Exclusive Distribution Agreement: In this type of agreement, the fund manager grants exclusive distribution rights to a specific distributor for the Missouri market. The distributor becomes the sole entity authorized to distribute the fund's shares within the state. This agreement may include provisions for marketing efforts, promotional activities, and performance targets. 3. Non-Exclusive Distribution Agreement: Unlike an exclusive agreement, a non-exclusive distribution agreement allows multiple distributors to offer the fund's shares in Missouri. Each distributor operates independently and competes with others to attract investors. The fund manager may set specific criteria for selection and performance evaluation of these distributors. 4. Sub-distribution Agreement: This type of agreement is created when a distributor appoints sub-distributors to expand the distribution network in Missouri. The sub-distributors work under the main distributor's umbrella, promoting and selling the fund's shares within their designated territories. The sub-distribution agreement outlines the relationship between the main distributor and the sub-distributors, including commissions, responsibilities, and reporting mechanisms. 5. Registered Investment Advisor (RIA) Distribution Agreement: This agreement occurs when a registered investment advisor in Missouri wishes to distribute the fund's shares directly to their clients. It establishes a contractual relationship between the fund manager and the RIA, defining the terms of distribution, fiduciary duties, and compliance requirements. In conclusion, a Missouri Distribution Agreement pertaining to the continuous offering of a fund's shares is a crucial legal document that regulates the relationship between the fund manager and distributor. It outlines the terms and conditions, rights, and obligations related to the distribution process in the state of Missouri.