South Carolina 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 South Carolina Distribution Agreement pertaining to the continuous offering of the Fund's shares is a crucial legal document that outlines the terms and conditions between a fund and its distribution agent or broker-dealer. This agreement governs the distribution and sale of shares within the state, ensuring compliance with South Carolina securities laws and regulations. In this agreement, several important aspects are covered, including the responsibilities of the parties involved, compensation arrangements, marketing strategies, and disclosure requirements. Keywords: South Carolina, Distribution Agreement, continuous offering, Fund's shares, legal document, terms and conditions, distribution agent, broker-dealer, compliance, securities laws, regulations, responsibilities, compensation arrangements, marketing strategies, disclosure requirements. Different types of Distribution Agreements regarding the continuous offering of the Fund's shares in South Carolina may include: 1. Exclusive Distribution Agreement: This type of agreement grants exclusive distribution rights to a single distribution agent or broker-dealer within the state. It establishes a mutually exclusive partnership, wherein the agent or dealer has the sole authority to distribute and sell the Fund's shares in South Carolina. 2. Non-Exclusive Distribution Agreement: In contrast to an exclusive agreement, a non-exclusive distribution agreement allows multiple distribution agents or broker-dealers to offer and sell the Fund's shares within the state. This arrangement enables broader market coverage and potentially wider reach for investors. 3. Limited Distribution Agreement: A limited distribution agreement restricts the distribution of the Fund's shares to a specific target market or geographical area within South Carolina. This agreement may be suitable for funds targeting specific investor segments or focusing on particular regions within the state. 4. In-house Distribution Agreement: Some funds may have an in-house distribution team rather than relying on external distribution agents or broker-dealers. In such cases, the South Carolina Distribution Agreement would focus on the internal responsibilities, compensation structures, and marketing strategies implemented by the fund itself. It's important to note that the specific terms and conditions of the South Carolina Distribution Agreement can vary depending on the preferences of the fund and the negotiation between the parties involved. It is advisable to seek legal counsel to ensure compliance with all relevant laws and regulations.

South Carolina Distribution Agreement pertaining to the continuous offering of the Fund's shares is a crucial legal document that outlines the terms and conditions between a fund and its distribution agent or broker-dealer. This agreement governs the distribution and sale of shares within the state, ensuring compliance with South Carolina securities laws and regulations. In this agreement, several important aspects are covered, including the responsibilities of the parties involved, compensation arrangements, marketing strategies, and disclosure requirements. Keywords: South Carolina, Distribution Agreement, continuous offering, Fund's shares, legal document, terms and conditions, distribution agent, broker-dealer, compliance, securities laws, regulations, responsibilities, compensation arrangements, marketing strategies, disclosure requirements. Different types of Distribution Agreements regarding the continuous offering of the Fund's shares in South Carolina may include: 1. Exclusive Distribution Agreement: This type of agreement grants exclusive distribution rights to a single distribution agent or broker-dealer within the state. It establishes a mutually exclusive partnership, wherein the agent or dealer has the sole authority to distribute and sell the Fund's shares in South Carolina. 2. Non-Exclusive Distribution Agreement: In contrast to an exclusive agreement, a non-exclusive distribution agreement allows multiple distribution agents or broker-dealers to offer and sell the Fund's shares within the state. This arrangement enables broader market coverage and potentially wider reach for investors. 3. Limited Distribution Agreement: A limited distribution agreement restricts the distribution of the Fund's shares to a specific target market or geographical area within South Carolina. This agreement may be suitable for funds targeting specific investor segments or focusing on particular regions within the state. 4. In-house Distribution Agreement: Some funds may have an in-house distribution team rather than relying on external distribution agents or broker-dealers. In such cases, the South Carolina Distribution Agreement would focus on the internal responsibilities, compensation structures, and marketing strategies implemented by the fund itself. It's important to note that the specific terms and conditions of the South Carolina Distribution Agreement can vary depending on the preferences of the fund and the negotiation between the parties involved. It is advisable to seek legal counsel to ensure compliance with all relevant laws and regulations.