The Travis Texas Management Agreement refers to the contractual arrangement between Prudential Tax-Managed Growth Fund (the "Fund") and Prudential Investments Fund Management, LLC (the "Management Company"). This agreement outlines the responsibilities, rights, and obligations of both parties in managing the Fund and sets forth the terms under which the Management Company will provide investment management services to the Fund. The agreement is designed to ensure that the Fund's investment objectives are met while adhering to applicable laws and regulations. Key aspects covered in the Travis Texas Management Agreement include investment strategy, fee structure, reporting requirements, termination, and dispute resolution. Under the Travis Texas Management Agreement, the Management Company is responsible for making investment decisions on behalf of the Fund, employing its expertise and research capabilities to generate optimal returns for shareholders. The agreement may specify the fund's investment goals, such as capital growth or income generation, based on which the Management Company will develop and execute investment strategies. The agreement defines the fee structure, including management fees and performance-based incentives. The Management Company typically charges a management fee based on a percentage of the Fund's assets under management. Additionally, performance-based fees may be applicable if the Fund outperforms predefined benchmarks. These fee structures are important considerations for investors evaluating the Fund's expenses and potential returns. In terms of reporting requirements, the Travis Texas Management Agreement outlines the frequency and format of financial and performance reports that the Management Company must provide to investors and regulatory authorities. These reports help investors track the Fund's progress toward its investment objectives and assess its financial health. The agreement also addresses termination provisions, which define the circumstances under which either party may initiate the termination of the agreement. This could include events such as breach of contract, change in control, or if the Fund fails to achieve predefined performance targets. Termination clauses serve as a safeguard for both parties and ensure that the agreement can be dissolved in a structured manner. Regarding dispute resolution, the agreement may outline the steps to be taken in the event of disagreements or conflicts between the Fund and the Management Company. Options such as mediation or arbitration may be included to resolve disputes efficiently and minimize potential disruptions to the Fund's operations. It's worth noting that while the Travis Texas Management Agreement is unique to the Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC, there may be different iterations or versions of this agreement tailored to specific mutual funds or investment strategies offered by Prudential. These agreements could have minor variations based on factors such as investment objectives, asset classes, or regulatory requirements applicable to different funds within the Prudential family.