Suffolk New York Distribution Agreement regarding the continuous offering of the Fund's shares

• Category: Corporations - Public - Distribution
• State: Multi-State
• County: Suffolk
• 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 Suffolk New York Distribution Agreement is a legally binding contract that outlines the terms and conditions for the continuous offering of a Fund's shares in Suffolk County, New York. It serves as an agreement between the Fund's management and a distribution agent, who will be responsible for marketing and selling the shares to potential investors. This agreement contains critical information about the Fund, including its investment objectives, strategies, performance history, fees, and expenses. It also stipulates the responsibilities and obligations of both parties involved in the distribution process, ensuring transparency and regulatory compliance. The Suffolk New York Distribution Agreement aims to provide a framework for the consistent and ongoing distribution of the Fund's shares. It outlines the marketing techniques, advertising guidelines, and sales strategies that the distribution agent must adhere to while promoting the Fund's shares. These may include digital marketing campaigns, direct mailings, seminars, or other promotional activities. Furthermore, the agreement outlines the compensation structure for the distribution agent, which can be based on a commission, flat fee, or a combination of both. It specifies the terms and conditions for the payment of fees, including any breakpoints or redemption charges that may apply. Different types of Suffolk New York Distribution Agreement regarding the continuous offering of the Fund's shares may exist, depending on various factors such as the type of fund, distribution channels, and the target audience. Examples of such variations may include: 1. Retail Distribution Agreement: This type of agreement focuses on selling the Fund's shares directly to individual investors through retail distribution channels like banks, financial advisors, or brokerage firms. 2. Institutional Distribution Agreement: This agreement caters to institutional investors such as pension funds, endowments, or insurance companies. It outlines the distribution strategy and channels specifically tailored to reach the institutional market. 3. Direct-to-Investor Distribution Agreement: In this type of agreement, the Fund's shares are offered directly to investors through the fund's website, call centers, or mail order. This bypasses traditional distribution channels and may require specific provisions for investor support and servicing. It is important to note that the specific terms and variations of the Suffolk New York Distribution Agreement will depend on the unique circumstances and requirements of each Fund and its distribution agent. Seeking legal advice is strongly recommended ensuring compliance with applicable laws and regulations.

Suffolk New York Distribution Agreement is a legally binding contract that outlines the terms and conditions for the continuous offering of a Fund's shares in Suffolk County, New York. It serves as an agreement between the Fund's management and a distribution agent, who will be responsible for marketing and selling the shares to potential investors. This agreement contains critical information about the Fund, including its investment objectives, strategies, performance history, fees, and expenses. It also stipulates the responsibilities and obligations of both parties involved in the distribution process, ensuring transparency and regulatory compliance. The Suffolk New York Distribution Agreement aims to provide a framework for the consistent and ongoing distribution of the Fund's shares. It outlines the marketing techniques, advertising guidelines, and sales strategies that the distribution agent must adhere to while promoting the Fund's shares. These may include digital marketing campaigns, direct mailings, seminars, or other promotional activities. Furthermore, the agreement outlines the compensation structure for the distribution agent, which can be based on a commission, flat fee, or a combination of both. It specifies the terms and conditions for the payment of fees, including any breakpoints or redemption charges that may apply. Different types of Suffolk New York Distribution Agreement regarding the continuous offering of the Fund's shares may exist, depending on various factors such as the type of fund, distribution channels, and the target audience. Examples of such variations may include: 1. Retail Distribution Agreement: This type of agreement focuses on selling the Fund's shares directly to individual investors through retail distribution channels like banks, financial advisors, or brokerage firms. 2. Institutional Distribution Agreement: This agreement caters to institutional investors such as pension funds, endowments, or insurance companies. It outlines the distribution strategy and channels specifically tailored to reach the institutional market. 3. Direct-to-Investor Distribution Agreement: In this type of agreement, the Fund's shares are offered directly to investors through the fund's website, call centers, or mail order. This bypasses traditional distribution channels and may require specific provisions for investor support and servicing. It is important to note that the specific terms and variations of the Suffolk New York Distribution Agreement will depend on the unique circumstances and requirements of each Fund and its distribution agent. Seeking legal advice is strongly recommended ensuring compliance with applicable laws and regulations.