Montgomery Maryland Distribution Agreement, also known as Montgomery's Continuous Offering Agreement, pertains to a legal document outlining the terms and conditions of the continuous offering of transferable shares of beneficial interest within a trust. This agreement is entered into between the trust and the investors interested in purchasing these shares. The Montgomery Maryland Distribution Agreement establishes the guidelines, rights, and obligations related to the offering of transferable shares within the Trust. It ensures transparency and fairness in the distribution process while safeguarding the interests of both the trust and the investors. Keywords: Montgomery Maryland, Distribution Agreement, continuous offering, Trust, transferable shares, beneficial interest. Different types of Montgomery Maryland Distribution Agreements regarding the continuous offering of the Trust's transferable shares of beneficial interest may include: 1. Registered Continuous Offering Agreement: This type of agreement is applicable when the offering of transferable shares is in compliance with relevant regulatory bodies. It ensures that the offering and sale of shares adhere to applicable securities laws and regulations within Maryland. 2. Exempt Continuous Offering Agreement: This agreement is used when the offering of transferable shares falls under specific exemptions or safe harbor provisions. These exemptions could be based on the number of participants, the offering amount, or certain investor qualifications. 3. Limited Offering Agreement: In certain cases, trusts may opt for a limited offering agreement, limiting the offering of transferable shares to a specific group of investors or a predetermined number of participants. This agreement ensures exclusivity and control over the offering process. 4. Revocable Continuous Offering Agreement: This type of agreement allows a trust to revoke or modify the offering of transferable shares at any time. It provides flexibility to adapt to changing market conditions or regulatory requirements. 5. Public Continuous Offering Agreement: A public continuous offering agreement is employed when the trust intends to widen the investor base through a public offering. It involves compliance with additional disclosure and registration requirements, as per applicable securities laws and regulations. 6. Private Continuous Offering Agreement: This agreement is utilized when the offering of transferable shares is targeted towards a limited number of accredited or sophisticated investors. It exempts the trust from some registration and disclosure requirements, ensuring privacy and efficiency. These types of Montgomery Maryland Distribution Agreements cater to different scenarios and regulatory frameworks, allowing trusts to customize their continuous offering of transferable shares according to their specific needs.