Fairfax Virginia Distribution Agreement regarding the continuous offering of the Fund's shares

• Category: Corporations - Public - Distribution
• State: Multi-State
• County: Fairfax
• 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 Fairfax Virginia Distribution Agreement is a legal agreement that outlines the terms and conditions for the continuous offering of a particular Fund's shares in the state of Virginia. It specifically pertains to the distribution of shares and the related activities involved in the marketing and sale of these shares to investors in the Fairfax area. Key elements of the Fairfax Virginia Distribution Agreement may include: 1. Parties involved: The agreement will identify the involved parties, such as the Fund manager or sponsor, the distributing intermediary, and any other relevant stakeholders. 2. Scope of the agreement: It will clearly define the geographical area and target market within Fairfax, Virginia, where the distribution activities will take place. 3. Duration: The agreement will specify the duration of the continuous offering, whether it is open-ended or for a specific period. It may also outline renewal or termination provisions. 4. Registration requirements: The agreement will ensure compliance with state and federal securities laws, including the registration of the Fund's shares with the appropriate regulatory authorities in Virginia. 5. Distribution obligations: The agreement will outline the distributor's responsibilities, including marketing, advertising, and promoting the Fund's shares within Fairfax, Virginia. It may describe specific distribution channels, such as direct sales, brokerage firms, or financial advisors. 6. Compensation and fees: The agreement will specify the compensation structure for the distributor, including any upfront fees, commissions, or ongoing payments based on the volume of shares sold. 7. Reporting and compliance: The agreement may require the distributor to provide periodic reports on sales activities, investor inquiries, and other relevant information. It will also outline any compliance obligations, including maintaining records and ensuring adherence to regulatory requirements. Different types of Fairfax Virginia Distribution Agreements regarding the continuous offering of the Fund's shares may include: 1. Initial Distribution Agreement: This type of agreement is established when the Fund is first launched and aims to set the groundwork for the initial offering of shares within Fairfax, Virginia. 2. Renewal or Extension Agreement: If the continuous offering is set to continue beyond the initial period, a renewal or extension agreement may be executed to extend the terms and conditions of the original agreement. 3. Amended Distribution Agreement: In case there are changes or updates required in the existing Fairfax Virginia Distribution Agreement, an amended agreement may be created to reflect the modifications, such as changes in compensation, distribution channels, or regulatory requirements. 4. Termination Agreement: If either party wishes to terminate the distribution arrangement before the agreed-upon duration, a termination agreement may be implemented, outlining the conditions and consequences of the termination. In summary, Fairfax Virginia Distribution Agreement ensures compliance with regulatory requirements and establishes guidelines for the continuous offering of a Fund's shares in Fairfax, Virginia, while addressing the responsibilities, compensation, and reporting obligations of the distributor.

Fairfax Virginia Distribution Agreement is a legal agreement that outlines the terms and conditions for the continuous offering of a particular Fund's shares in the state of Virginia. It specifically pertains to the distribution of shares and the related activities involved in the marketing and sale of these shares to investors in the Fairfax area. Key elements of the Fairfax Virginia Distribution Agreement may include: 1. Parties involved: The agreement will identify the involved parties, such as the Fund manager or sponsor, the distributing intermediary, and any other relevant stakeholders. 2. Scope of the agreement: It will clearly define the geographical area and target market within Fairfax, Virginia, where the distribution activities will take place. 3. Duration: The agreement will specify the duration of the continuous offering, whether it is open-ended or for a specific period. It may also outline renewal or termination provisions. 4. Registration requirements: The agreement will ensure compliance with state and federal securities laws, including the registration of the Fund's shares with the appropriate regulatory authorities in Virginia. 5. Distribution obligations: The agreement will outline the distributor's responsibilities, including marketing, advertising, and promoting the Fund's shares within Fairfax, Virginia. It may describe specific distribution channels, such as direct sales, brokerage firms, or financial advisors. 6. Compensation and fees: The agreement will specify the compensation structure for the distributor, including any upfront fees, commissions, or ongoing payments based on the volume of shares sold. 7. Reporting and compliance: The agreement may require the distributor to provide periodic reports on sales activities, investor inquiries, and other relevant information. It will also outline any compliance obligations, including maintaining records and ensuring adherence to regulatory requirements. Different types of Fairfax Virginia Distribution Agreements regarding the continuous offering of the Fund's shares may include: 1. Initial Distribution Agreement: This type of agreement is established when the Fund is first launched and aims to set the groundwork for the initial offering of shares within Fairfax, Virginia. 2. Renewal or Extension Agreement: If the continuous offering is set to continue beyond the initial period, a renewal or extension agreement may be executed to extend the terms and conditions of the original agreement. 3. Amended Distribution Agreement: In case there are changes or updates required in the existing Fairfax Virginia Distribution Agreement, an amended agreement may be created to reflect the modifications, such as changes in compensation, distribution channels, or regulatory requirements. 4. Termination Agreement: If either party wishes to terminate the distribution arrangement before the agreed-upon duration, a termination agreement may be implemented, outlining the conditions and consequences of the termination. In summary, Fairfax Virginia Distribution Agreement ensures compliance with regulatory requirements and establishes guidelines for the continuous offering of a Fund's shares in Fairfax, Virginia, while addressing the responsibilities, compensation, and reporting obligations of the distributor.