Oregon Distribution Agreement is a legal contract that outlines the terms and conditions for the continuous offering of transferable shares of beneficial interest for a trust. This agreement is essential for investors and beneficiaries alike as it sets forth the rights, responsibilities, and obligations of all parties involved. The Oregon Distribution Agreement provides a comprehensive framework for the distribution and sale of the trust's transferable shares. It ensures that the offering is conducted in compliance with state laws and regulations, providing transparency and protection for investors. This agreement also outlines the procedures for the issuance, repurchase, and redemption of shares, as well as any limitations or restrictions on these transactions. In the context of the continuous offering of transferable shares of beneficial interest, there may be different types of Oregon Distribution Agreements. Some key variations include: 1. Initial Offering Agreement: This agreement pertains to the first offering of transferable shares when the trust is initially established. It sets forth the terms and conditions for the initial sale and distribution of shares to investors. 2. Amended and Restated Distribution Agreement: This type of agreement may be executed when the terms of the original distribution agreement need to be modified or updated. It typically includes provisions for any changes in the offering terms, share price, or other relevant details. 3. Supplemental Distribution Agreement: This agreement is used to supplement or amend the existing distribution agreement without completely replacing it. It may be necessary to address specific changes or additions to the continuous offering of transferable shares. 4. Limited Partnership Distribution Agreement: In certain cases, trusts may form partnerships or collaborations for the purpose of distributing transferable shares. This type of agreement specifies the rights and responsibilities of the partners involved in the distribution process. It is important to note that the specific types of Oregon Distribution Agreements may vary depending on the nature of the trust, its objectives, and the applicable regulations. The agreement should always be thoroughly reviewed and understood by all parties involved in order to ensure compliance and a smooth continuous offering of the trust's transferable shares of beneficial interest.