The New Hampshire Class C Distribution Plan and Agreement is an important document that outlines the terms and conditions governing the distribution of mutual funds offered by Putnam Mutual Funds Corp and Putnam High Yield Trust II in the state of New Hampshire. This agreement sets forth the responsibilities and obligations of both parties involved in the distribution process. Under this agreement, Putnam Mutual Funds Corp, as the fund company, and Putnam High Yield Trust II, as the fund itself, establish a framework for the distribution of Class C shares to investors located in New Hampshire. Class C shares are a specific class of mutual fund shares that typically carry a higher expense ratio but do not impose front-end sales charges. The primary purpose of the New Hampshire Class C Distribution Plan and Agreement is to ensure compliance with regulations and guidelines set forth by regulatory bodies such as the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). The agreement aims to protect investors' interests and promote transparency and fairness in the distribution process. Key provisions of the agreement may include rules regarding the sale and distribution of Class C shares, compensation arrangements between Putnam Mutual Funds Corp and the distribution network, advertising and marketing guidelines, and procedures for handling customer complaints and inquiries. It's important to note that New Hampshire Class C Distribution Plan and Agreement may vary depending on the specific mutual funds and parties involved. Different variations may exist to accommodate unique offerings, target audiences, and specific legal requirements. These different types may include variations in fee structures, distribution channels, and eligibility criteria for investors. In conclusion, the New Hampshire Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II is a comprehensive and legally binding document outlining the terms and conditions for the distribution of Class C shares in New Hampshire. It serves as an important tool to ensure compliance and protect investors' interests in the state's mutual fund market.