Hillsborough Florida Distribution Agreement regarding the continuous offering of the Fund's shares

• Category: Corporations - Public - Distribution
• State: Multi-State
• County: Hillsborough
• 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 The Hillsborough Florida Distribution Agreement is a legal contract that governs the continuous offering of shares in a fund located in Hillsborough County, Florida. This agreement outlines the terms and conditions under which the fund's shares can be distributed to investors. One of the primary objectives of the Hillsborough Florida Distribution Agreement is to establish a framework for the ongoing sale, purchase, and distribution of the fund's shares in compliance with applicable regulations and laws. It ensures that the distribution of shares is done in a transparent, fair, and equitable manner. Keywords: Hillsborough Florida, Distribution Agreement, continuous offering, Fund's shares. The Hillsborough Florida Distribution Agreement may consist of different types depending on the specific requirements and characteristics of the fund. Some common types are: 1. Open-End Distribution Agreement: This type of agreement allows for the continuous offering of the fund's shares, enabling investors to buy and sell shares at the current net asset value (NAV) throughout the trading day. 2. Closed-End Distribution Agreement: Unlike the open-end agreement, the closed-end distribution agreement has a fixed number of shares available. Once the initial offering is complete, the fund's shares trade on a secondary market, and new investors can only acquire shares through buying them from existing shareholders. 3. Interval Distribution Agreement: This agreement allows for the periodic issuance and redemption of the fund's shares at pre-determined intervals, such as quarterly or semi-annually. This type of agreement strikes a balance between open-end and closed-end structures. 4. 401(k) Distribution Agreement: A specific type of agreement catering to retirement plans, this document outlines the terms and conditions of offering the fund's shares to participants in a 401(k) retirement plan. It ensures compliance with applicable retirement plan laws and regulations. 5. Expense Reduction Distribution Agreement: This type of agreement focuses on reducing distribution expenses related to marketing, sales commissions, and advertising. It aims to minimize the cost of distributing the fund's shares while still adhering to regulatory requirements. In conclusion, the Hillsborough Florida Distribution Agreement is a vital legal document that regulates the continuous offering of a fund's shares in Hillsborough County, Florida. By establishing clear guidelines and procedures, it ensures that the distribution of shares is conducted fairly to protect both investors and the integrity of the fund.

The Hillsborough Florida Distribution Agreement is a legal contract that governs the continuous offering of shares in a fund located in Hillsborough County, Florida. This agreement outlines the terms and conditions under which the fund's shares can be distributed to investors. One of the primary objectives of the Hillsborough Florida Distribution Agreement is to establish a framework for the ongoing sale, purchase, and distribution of the fund's shares in compliance with applicable regulations and laws. It ensures that the distribution of shares is done in a transparent, fair, and equitable manner. Keywords: Hillsborough Florida, Distribution Agreement, continuous offering, Fund's shares. The Hillsborough Florida Distribution Agreement may consist of different types depending on the specific requirements and characteristics of the fund. Some common types are: 1. Open-End Distribution Agreement: This type of agreement allows for the continuous offering of the fund's shares, enabling investors to buy and sell shares at the current net asset value (NAV) throughout the trading day. 2. Closed-End Distribution Agreement: Unlike the open-end agreement, the closed-end distribution agreement has a fixed number of shares available. Once the initial offering is complete, the fund's shares trade on a secondary market, and new investors can only acquire shares through buying them from existing shareholders. 3. Interval Distribution Agreement: This agreement allows for the periodic issuance and redemption of the fund's shares at pre-determined intervals, such as quarterly or semi-annually. This type of agreement strikes a balance between open-end and closed-end structures. 4. 401(k) Distribution Agreement: A specific type of agreement catering to retirement plans, this document outlines the terms and conditions of offering the fund's shares to participants in a 401(k) retirement plan. It ensures compliance with applicable retirement plan laws and regulations. 5. Expense Reduction Distribution Agreement: This type of agreement focuses on reducing distribution expenses related to marketing, sales commissions, and advertising. It aims to minimize the cost of distributing the fund's shares while still adhering to regulatory requirements. In conclusion, the Hillsborough Florida Distribution Agreement is a vital legal document that regulates the continuous offering of a fund's shares in Hillsborough County, Florida. By establishing clear guidelines and procedures, it ensures that the distribution of shares is conducted fairly to protect both investors and the integrity of the fund.