The Tennessee Class C Distribution Plan and Agreement is a legally binding contract between Putnam Mutual Funds Corp and Putnam High Yield Trust II. This plan outlines the specific terms and conditions for the distribution of Class C shares of the mutual funds offered by Putnam Mutual Funds Corp. Under this agreement, Putnam Mutual Funds Corp acts as the distributor of Class C shares of Putnam High Yield Trust II in the state of Tennessee. The distribution plan details the responsibilities and obligations of both parties involved in the distribution process. The primary purpose of the Tennessee Class C Distribution Plan and Agreement is to establish the procedures for distributing Class C shares to investors in Tennessee. It encompasses various aspects such as the sales process, compensation structure, marketing efforts, reporting requirements, and compliance procedures. Different types of the Tennessee Class C Distribution Plan and Agreement may exist depending on the specific mutual funds involved, as well as any unique terms or conditions agreed upon by Putnam Mutual Funds Corp and Putnam High Yield Trust II. These variations in the distribution plan can include factors like commission rates, distribution fees, redemption policies, or specific marketing strategies tailored to the target audience. Keywords: Tennessee, Class C Distribution Plan, Agreement, Putnam Mutual Funds Corp, Putnam High Yield Trust II, legally binding contract, terms and conditions, Class C shares, mutual funds, distributor, responsibilities, obligations, distribution process, sales process, compensation structure, marketing efforts, reporting requirements, compliance procedures, commission rates, distribution fees, redemption policies.
Tennessee Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II
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