Fairfax Virginia Distribution Agreement is a legal contract that governs the continuous offering of the Trust's transferable shares of beneficial interest. The agreement outlines the terms and conditions under which the shares will be distributed to investors. It ensures compliance with applicable laws and regulations while providing clarity and transparency to all parties involved. The Fairfax Virginia Distribution Agreement includes various key elements such as the rights and obligations of the parties, the process of share distribution, the pricing and redemption policies, and the disclosure requirements. It also specifies the roles and responsibilities of the trustees, distributors, and the trust itself. In addition to the standard Fairfax Virginia Distribution Agreement, there are a few types that may exist: 1. Initial Distribution Agreement: This agreement pertains to the initial offering of the Trust's transferable shares of beneficial interest. It outlines the specific terms and conditions for the initial distribution, including minimum investment requirements and any special provisions. 2. Renewal Distribution Agreement: This type of agreement deals with the renewal or extension of the continuous offering of the Trust's transferable shares of beneficial interest. It typically includes updated terms and conditions and may incorporate changes, if any, based on the previous distribution period. 3. Amended and Restated Distribution Agreement: An amended and restated agreement is created when significant changes or revisions are made to the initial distribution agreement. It replaces the original agreement and provides an updated framework for the continuous offering of the Trust's shares. 4. Supplemental Distribution Agreement: A supplemental agreement is entered into when there is a need to make minor adjustments or additions to the existing Fairfax Virginia Distribution Agreement. It serves to clarify or expand certain provisions without requiring a complete overhaul of the entire agreement. These different types of Fairfax Virginia Distribution Agreements ensure that the offering of the Trust's transferable shares of beneficial interest is effectively managed, regulated, and compliant with relevant legal requirements. They provide a clear roadmap for the continuous offering process, enabling the trust to attract and accommodate investors while protecting their rights and interests.