Class C Distribution Plan and Agreement between Putnam Mutual Funds Corporation and Putnam High Yield Trust II dated July 16, 1999. 3 pages.
The Clark Nevada Class C Distribution Plan and Agreement is a vital document between Putnam Mutual Funds Corp and Putnam High Yield Trust II which outlines the distribution plan and agreement terms for the Class C shares of the Clark Nevada fund. This agreement is crucial for understanding the distribution channels and procedures associated with these investments. The agreement defines various aspects of the distribution plan, including the offering and sale of Class C shares, sales charges, and the distribution of proceeds. It lays out the responsibilities and obligations of both Putnam Mutual Funds Corp and Putnam High Yield Trust II in relation to the distribution and marketing of the Class C shares of Clark Nevada. Keywords: Clark Nevada, Class C Distribution Plan, Agreement, Putnam Mutual Funds Corp, Putnam High Yield Trust II, distribution channels, investments, offering, sale, sales charges, proceeds, responsibilities, obligations, marketing. Different Types of Clark Nevada Class C Distribution Plan and Agreement: 1. Direct Distribution Plan: This type of distribution plan involves the direct sale of Class C shares to individual investors or through a direct sales force, bypassing intermediary distributors or brokers. It may offer different sales charge structures to suit the investors' preferences. 2. Intermediary Distribution Plan: In this plan, Class C shares of Clark Nevada are distributed through intermediaries such as broker-dealers, financial advisors, or other distribution platforms. The agreement outlines the terms and conditions for distributing the shares via these intermediaries, including the commissions or fees involved. 3. Retirement Plan Distribution Plan: This specific type of Class C Distribution Plan targets retirement plans such as 401(k) plans or Individual Retirement Accounts (IRAs). It may have unique features and considerations related to retirement plan regulations and tax implications. 4. Institutional Distribution Plan: The Institutional Distribution Plan focuses on distributing Class C shares to institutional investors like pension funds, endowments, or foundations. This plan may involve customized fee structures and additional services tailored to meet the needs of institutional investors. 5. Multi-Series Distribution Plan: In cases where multiple series or classes of shares are offered under Clark Nevada, the agreement may outline a Multi-Series Distribution Plan to address the distribution and sales charges specific to each series or class, including Class C shares. It is important to note that the specific types of Clark Nevada Class C Distribution Plans and Agreements may vary based on the investment company's offerings, distribution strategies, and regulatory requirements.
The Clark Nevada Class C Distribution Plan and Agreement is a vital document between Putnam Mutual Funds Corp and Putnam High Yield Trust II which outlines the distribution plan and agreement terms for the Class C shares of the Clark Nevada fund. This agreement is crucial for understanding the distribution channels and procedures associated with these investments. The agreement defines various aspects of the distribution plan, including the offering and sale of Class C shares, sales charges, and the distribution of proceeds. It lays out the responsibilities and obligations of both Putnam Mutual Funds Corp and Putnam High Yield Trust II in relation to the distribution and marketing of the Class C shares of Clark Nevada. Keywords: Clark Nevada, Class C Distribution Plan, Agreement, Putnam Mutual Funds Corp, Putnam High Yield Trust II, distribution channels, investments, offering, sale, sales charges, proceeds, responsibilities, obligations, marketing. Different Types of Clark Nevada Class C Distribution Plan and Agreement: 1. Direct Distribution Plan: This type of distribution plan involves the direct sale of Class C shares to individual investors or through a direct sales force, bypassing intermediary distributors or brokers. It may offer different sales charge structures to suit the investors' preferences. 2. Intermediary Distribution Plan: In this plan, Class C shares of Clark Nevada are distributed through intermediaries such as broker-dealers, financial advisors, or other distribution platforms. The agreement outlines the terms and conditions for distributing the shares via these intermediaries, including the commissions or fees involved. 3. Retirement Plan Distribution Plan: This specific type of Class C Distribution Plan targets retirement plans such as 401(k) plans or Individual Retirement Accounts (IRAs). It may have unique features and considerations related to retirement plan regulations and tax implications. 4. Institutional Distribution Plan: The Institutional Distribution Plan focuses on distributing Class C shares to institutional investors like pension funds, endowments, or foundations. This plan may involve customized fee structures and additional services tailored to meet the needs of institutional investors. 5. Multi-Series Distribution Plan: In cases where multiple series or classes of shares are offered under Clark Nevada, the agreement may outline a Multi-Series Distribution Plan to address the distribution and sales charges specific to each series or class, including Class C shares. It is important to note that the specific types of Clark Nevada Class C Distribution Plans and Agreements may vary based on the investment company's offerings, distribution strategies, and regulatory requirements.