A Sacramento California Distribution Agreement is a legal document that outlines the terms and conditions for the continuous offering of the Trust's transferable shares of beneficial interest in the Sacramento area. This agreement governs the relationship between the trust and any party involved in distributing and selling these shares, such as brokers, dealers, or investment firms. The agreement covers various important details, including the rights and obligations of both the trust and the distributing party. It outlines the method and frequency of distributing the shares, as well as any limits or restrictions on the sale or transfer of these shares. Under the Sacramento California Distribution Agreement, the trust may offer different types of transferable shares of beneficial interest. These may include: 1. Class A Shares: These shares typically have voting rights and carry higher fees or expenses. 2. Class B Shares: These shares may have lower fees or expenses but do not carry voting rights. 3. Class C Shares: These shares often have a level-load structure, where investors pay a constant percentage fee. 4. Class D Shares: These shares may have contingent deferred sales charges (CDs) if sold within a particular time frame. The agreement also includes provisions for the termination or amendment of the distribution arrangement, as well as any compensation or commissions payable to the distributing party. It may outline marketing and advertising guidelines and specify how the distributing party can promote the shares within the Sacramento California area. Overall, the Sacramento California Distribution Agreement ensures that there is a clear and mutually agreed understanding between the trust and the distributing party, promoting transparency and compliance with relevant laws and regulations.