Distribution Agreement Company Form

• Category: Corporations - Public - Distribution
• State: Multi-State
• Control #: US-EG-9187
• Format: Word; Rich Text

Description

The Distribution Agreement Company Form is a crucial legal document between a registered investment company and a distributor, allowing the distributor to sell shares of the company's portfolios. Key features include the exclusive right granted to the distributor for selling shares at net asset value, obligations for the distributor to solicit sales, and roles defined for both parties regarding registration of shares and indemnification. Users must carefully fill out the form, ensuring compliance with federal and state laws. Important sections cover compensation structures, expense allocations, and terms for effective date and termination, requiring clear mutual understanding between the parties. This form is particularly useful for attorneys and legal professionals involved in securities regulation, as it outlines roles, responsibilities, and liabilities concerning investment offerings. Partners and owners can use it to establish clear distribution terms, while associates, paralegals, and legal assistants will find it essential for managing documentation and compliance related to securities transactions.