New Mexico 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 New Mexico Distribution Agreement is a legal document involving the continuous offering and distribution of a fund's shares within the state of New Mexico. This agreement outlines the terms and conditions under which a distributor can offer and sell the fund's shares to investors. Keywords: New Mexico, distribution agreement, continuous offering, fund's shares, legal document, terms and conditions, distributor, investors. In New Mexico, there may be different types of Distribution Agreements regarding the continuous offering of a Fund's shares, including: 1. Exclusive Distribution Agreement: This type of agreement grants exclusive rights to a specific distributor to market, distribute, and sell the fund's shares within New Mexico. The distributor holds the sole authority to offer the fund's shares in the state and is responsible for meeting the distribution targets. 2. Non-Exclusive Distribution Agreement: In this type of agreement, multiple distributors can simultaneously offer and sell the fund's shares within New Mexico. Each distributor operates independently and competes with others to reach investors and achieve their respective sales targets. 3. Sub-Distribution Agreement: A Sub-Distribution Agreement comes into play when a primary distributor appoints sub-distributors within New Mexico to sell the fund's shares on their behalf. The sub-distributors act as intermediaries between the primary distributor and investors, assisting with marketing, sales, and client servicing activities. 4. Third-Party Distribution Agreement: This agreement involves partnering with third-party entities, such as broker-dealers or financial institutions, to distribute and sell the fund's shares in New Mexico. The third-party entities have the necessary expertise, resources, and networks to reach investors effectively. The New Mexico Distribution Agreement is crucial in ensuring compliance with state laws and regulations governing the sale and distribution of securities, protecting the interests of investors, and defining the responsibilities and obligations of the distributor. It typically covers aspects such as marketing materials, reporting requirements, compensation structure, termination clauses, and any restrictions or limitations imposed by New Mexico authorities. Both the fund and the distributor should carefully review and negotiate the terms of the New Mexico Distribution Agreement to ensure a mutually beneficial and legally sound partnership.

A New Mexico Distribution Agreement is a legal document involving the continuous offering and distribution of a fund's shares within the state of New Mexico. This agreement outlines the terms and conditions under which a distributor can offer and sell the fund's shares to investors. Keywords: New Mexico, distribution agreement, continuous offering, fund's shares, legal document, terms and conditions, distributor, investors. In New Mexico, there may be different types of Distribution Agreements regarding the continuous offering of a Fund's shares, including: 1. Exclusive Distribution Agreement: This type of agreement grants exclusive rights to a specific distributor to market, distribute, and sell the fund's shares within New Mexico. The distributor holds the sole authority to offer the fund's shares in the state and is responsible for meeting the distribution targets. 2. Non-Exclusive Distribution Agreement: In this type of agreement, multiple distributors can simultaneously offer and sell the fund's shares within New Mexico. Each distributor operates independently and competes with others to reach investors and achieve their respective sales targets. 3. Sub-Distribution Agreement: A Sub-Distribution Agreement comes into play when a primary distributor appoints sub-distributors within New Mexico to sell the fund's shares on their behalf. The sub-distributors act as intermediaries between the primary distributor and investors, assisting with marketing, sales, and client servicing activities. 4. Third-Party Distribution Agreement: This agreement involves partnering with third-party entities, such as broker-dealers or financial institutions, to distribute and sell the fund's shares in New Mexico. The third-party entities have the necessary expertise, resources, and networks to reach investors effectively. The New Mexico Distribution Agreement is crucial in ensuring compliance with state laws and regulations governing the sale and distribution of securities, protecting the interests of investors, and defining the responsibilities and obligations of the distributor. It typically covers aspects such as marketing materials, reporting requirements, compensation structure, termination clauses, and any restrictions or limitations imposed by New Mexico authorities. Both the fund and the distributor should carefully review and negotiate the terms of the New Mexico Distribution Agreement to ensure a mutually beneficial and legally sound partnership.