Los Angeles California Distribution Agreement regarding the continuous offering of the Fund's shares

State:
Multi-State
County:
Los Angeles
Control #:
US-EG-9373
Format:
Word; 
Rich Text
Instant download

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 A Los Angeles California Distribution Agreement is a legal contract that outlines the terms and conditions under which an entity or individual (referred to as the Distributor) is granted the right to distribute and sell the shares of a Fund in the Los Angeles area. This agreement is essential for ensuring the smooth and lawful sale of securities. It establishes a mutually beneficial relationship between the Distributor and the Fund, allowing the Fund to expand its reach and investor base while providing the Distributor with the opportunity to profit from the distribution process. Some relevant keywords that could be included in the description are: 1. Distribution: Los Angeles California Distribution Agreement primarily deals with the distribution of the Fund's shares. It specifies how the Distributor can offer and sell shares within the Los Angeles area market. 2. Continuous Offering: The agreement may be designed for continuous offerings, meaning that the Distributor has an ongoing responsibility to distribute and sell the shares for an extended period, usually without a fixed end date. 3. Securities: The shares of the Fund are considered securities, and the Distribution Agreement ensures compliance with applicable state and federal securities laws governing the sale of these securities in the Los Angeles area. 4. Rights and Obligations: The agreement outlines the rights and responsibilities of both the Distributor and the Fund. It may include details such as the distribution fees, marketing and promotional activities, reporting requirements, and any exclusivity clauses. 5. Termination: The Distribution Agreement may specify the circumstances under which either party can terminate the agreement. This may include grounds such as breach of contract, non-performance, insolvency, or other legal reasons. Different types of Los Angeles California Distribution Agreements relating to the continuous offering of the Fund's shares may include variations based on factors such as the distribution channel, investment strategy, or target investors. Some potential types or variations of these agreements may include: 1. Exclusive Distribution Agreement: In this agreement, the Distributor is granted exclusive rights to distribute and sell the Fund's shares within the Los Angeles area, excluding any other distributors. 2. Non-Exclusive Distribution Agreement: This agreement allows the Fund to engage multiple distributors for the sale of its shares in Los Angeles, without granting exclusivity to any one distributor. 3. Institutional Distribution Agreement: This type of agreement may be tailored for distributing the Fund's shares specifically to institutional investors in the Los Angeles area, such as pension funds, endowments, or insurance companies. 4. Retail Distribution Agreement: Designed for distribution to individual retail investors, this agreement focuses on marketing and sales strategies that target the public in Los Angeles, including advertising campaigns, broker-dealer collaborations, or direct sales efforts. Remember, it is essential to consult with legal professionals to draft a comprehensive and customized Los Angeles California Distribution Agreement suitable for the specific circumstances and regulatory requirements.

A Los Angeles California Distribution Agreement is a legal contract that outlines the terms and conditions under which an entity or individual (referred to as the Distributor) is granted the right to distribute and sell the shares of a Fund in the Los Angeles area. This agreement is essential for ensuring the smooth and lawful sale of securities. It establishes a mutually beneficial relationship between the Distributor and the Fund, allowing the Fund to expand its reach and investor base while providing the Distributor with the opportunity to profit from the distribution process. Some relevant keywords that could be included in the description are: 1. Distribution: Los Angeles California Distribution Agreement primarily deals with the distribution of the Fund's shares. It specifies how the Distributor can offer and sell shares within the Los Angeles area market. 2. Continuous Offering: The agreement may be designed for continuous offerings, meaning that the Distributor has an ongoing responsibility to distribute and sell the shares for an extended period, usually without a fixed end date. 3. Securities: The shares of the Fund are considered securities, and the Distribution Agreement ensures compliance with applicable state and federal securities laws governing the sale of these securities in the Los Angeles area. 4. Rights and Obligations: The agreement outlines the rights and responsibilities of both the Distributor and the Fund. It may include details such as the distribution fees, marketing and promotional activities, reporting requirements, and any exclusivity clauses. 5. Termination: The Distribution Agreement may specify the circumstances under which either party can terminate the agreement. This may include grounds such as breach of contract, non-performance, insolvency, or other legal reasons. Different types of Los Angeles California Distribution Agreements relating to the continuous offering of the Fund's shares may include variations based on factors such as the distribution channel, investment strategy, or target investors. Some potential types or variations of these agreements may include: 1. Exclusive Distribution Agreement: In this agreement, the Distributor is granted exclusive rights to distribute and sell the Fund's shares within the Los Angeles area, excluding any other distributors. 2. Non-Exclusive Distribution Agreement: This agreement allows the Fund to engage multiple distributors for the sale of its shares in Los Angeles, without granting exclusivity to any one distributor. 3. Institutional Distribution Agreement: This type of agreement may be tailored for distributing the Fund's shares specifically to institutional investors in the Los Angeles area, such as pension funds, endowments, or insurance companies. 4. Retail Distribution Agreement: Designed for distribution to individual retail investors, this agreement focuses on marketing and sales strategies that target the public in Los Angeles, including advertising campaigns, broker-dealer collaborations, or direct sales efforts. Remember, it is essential to consult with legal professionals to draft a comprehensive and customized Los Angeles California Distribution Agreement suitable for the specific circumstances and regulatory requirements.

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Los Angeles California Distribution Agreement regarding the continuous offering of the Fund's shares