Cuyahoga Ohio Distribution Agreement regarding the continuous offering of the Fund's shares

• Category: Corporations - Public - Distribution
• State: Multi-State
• County: Cuyahoga
• Control #: US-EG-9373
• Format: Word; Rich Text

Description

Distribution Agreement between Prudential Tax-Managed Growth Fund and Prudential Investment Management Services, LLC regarding the continuous offering of the Fund's shares in order to promote the growth of the Fund and facilitate the distribution of the Cuyahoga Ohio Distribution Agreement is a contractual arrangement between a fund and a distributor that governs the continuous offering of the fund's shares to investors. This agreement outlines the terms and conditions under which the distributor is authorized to sell and distribute the fund's shares, ensuring compliance with applicable regulations and providing a framework for a mutually beneficial relationship between the parties involved. Keywords: 1. Distribution Agreement: Also referred to as a distribution contract, this legally binding document outlines the rights, obligations, and responsibilities of the fund and the distributor regarding the ongoing sale and distribution of the fund's shares. 2. Continuous offering: The distribution agreement pertains to the continuous offering of the fund's shares, ensuring that the distributor can consistently market and sell the shares to potential investors. It sets guidelines on how the shares should be offered, redeemed, and marketed on an ongoing basis. 3. Fund's shares: The agreement focuses on the distribution of the fund's shares, which represent ownership in the investment fund. These shares can be bought and sold by investors, and the distribution agreement specifies the terms under which these transactions occur. 4. Compliance: The Cuyahoga Ohio Distribution Agreement ensures compliance with applicable laws, rules, and regulations governing the offering of the fund's shares. It ensures that all marketing materials, sales practices, and distribution activities comply with securities laws and regulations, providing protection for both investors and the fund. Types of Cuyahoga Ohio Distribution Agreement regarding the continuous offering of the Fund's shares: 1. Principal-Agent Agreement: In this type of distribution agreement, the fund acts as the principal, appointing a distributor as its agent to sell and distribute the shares. The distributor takes on the responsibility of marketing and selling the fund's shares on behalf of the fund. 2. Sub-distribution Agreement: In certain cases, a distributor may enter into a sub-distribution agreement with other intermediaries to further expand the reach of the fund's shares. This agreement allows the distributor to appoint sub-distributors who will also sell and market the fund's shares to investors. 3. Wrap Fee Program Agreement: This type of distribution agreement is specific to wrap fee programs where the investor pays a single fee to cover investment management, advisory services, and distribution costs. The agreement outlines how the distribution fees are calculated and distributed among the parties involved, including the fund, distributor, and investment advisor. While these are some common types of distribution agreements, it is important to note that specific terms and provisions may vary depending on the unique circumstances and requirements of the Cuyahoga Ohio jurisdiction and the parties involved.

Cuyahoga Ohio Distribution Agreement is a contractual arrangement between a fund and a distributor that governs the continuous offering of the fund's shares to investors. This agreement outlines the terms and conditions under which the distributor is authorized to sell and distribute the fund's shares, ensuring compliance with applicable regulations and providing a framework for a mutually beneficial relationship between the parties involved. Keywords: 1. Distribution Agreement: Also referred to as a distribution contract, this legally binding document outlines the rights, obligations, and responsibilities of the fund and the distributor regarding the ongoing sale and distribution of the fund's shares. 2. Continuous offering: The distribution agreement pertains to the continuous offering of the fund's shares, ensuring that the distributor can consistently market and sell the shares to potential investors. It sets guidelines on how the shares should be offered, redeemed, and marketed on an ongoing basis. 3. Fund's shares: The agreement focuses on the distribution of the fund's shares, which represent ownership in the investment fund. These shares can be bought and sold by investors, and the distribution agreement specifies the terms under which these transactions occur. 4. Compliance: The Cuyahoga Ohio Distribution Agreement ensures compliance with applicable laws, rules, and regulations governing the offering of the fund's shares. It ensures that all marketing materials, sales practices, and distribution activities comply with securities laws and regulations, providing protection for both investors and the fund. Types of Cuyahoga Ohio Distribution Agreement regarding the continuous offering of the Fund's shares: 1. Principal-Agent Agreement: In this type of distribution agreement, the fund acts as the principal, appointing a distributor as its agent to sell and distribute the shares. The distributor takes on the responsibility of marketing and selling the fund's shares on behalf of the fund. 2. Sub-distribution Agreement: In certain cases, a distributor may enter into a sub-distribution agreement with other intermediaries to further expand the reach of the fund's shares. This agreement allows the distributor to appoint sub-distributors who will also sell and market the fund's shares to investors. 3. Wrap Fee Program Agreement: This type of distribution agreement is specific to wrap fee programs where the investor pays a single fee to cover investment management, advisory services, and distribution costs. The agreement outlines how the distribution fees are calculated and distributed among the parties involved, including the fund, distributor, and investment advisor. While these are some common types of distribution agreements, it is important to note that specific terms and provisions may vary depending on the unique circumstances and requirements of the Cuyahoga Ohio jurisdiction and the parties involved.