The Washington Distribution Agreement pertains to the continuous offering of a Trust's transferable shares of beneficial interest. This agreement outlines the terms and conditions under which the distribution of these shares occurs in the state of Washington. It provides a comprehensive framework for the ongoing offering and sale of these shares to potential investors. The agreement ensures compliance with the regulatory requirements set by the Washington State Securities Division and other relevant authorities. Key elements covered in this agreement include the offering process, registration of the shares, reporting obligations, and disclosure requirements to protect investors' interests. To navigate the complexities of the continuous offering of the Trust's transferable shares of beneficial interest, there are different types of Washington Distribution Agreements available. These include: 1. Initial Distribution Agreement: This agreement details the initial offering and sale of the Trust's transferable shares of beneficial interest in Washington. It covers the specific terms, conditions, and procedures for the initial sale of these shares to investors. 2. Renewal Distribution Agreement: A renewal distribution agreement comes into play when the initial offering period expires, and the Trust wishes to continue offering its transferable shares of beneficial interest. This agreement outlines the terms and conditions for the renewal of the offering, ensuring compliance with any updated regulatory requirements. 3. Amendment Distribution Agreement: An amendment distribution agreement is required when modifications or adjustments need to be made to an existing distribution agreement. Changes may be necessary due to regulatory updates, altering the terms and conditions of the continuous offering of the Trust's transferable shares of beneficial interest. 4. Termination Distribution Agreement: In situations where the Trust decides to cease the offering of its transferable shares of beneficial interest in Washington, a termination distribution agreement is implemented. This agreement establishes the procedures and obligations for winding down the offering and ensuring proper communication with existing investors. It is important to note that the specific types of Washington Distribution Agreements may vary depending on the nature and structure of the Trust, as well as any unique circumstances of the offering and sale of its transferable shares of beneficial interest. Therefore, it is crucial to consult legal experts and review the relevant statutes and regulations to determine the appropriate distribution agreement for a particular Trust's continuous offering in Washington.