A Michigan Distribution Agreement regarding the continuous offering of a Fund's shares is a legal document that establishes the terms and conditions for the distribution of a Fund's shares within the state of Michigan. This agreement typically defines the roles and responsibilities of the fund manager, distributor, and any other parties involved in the distribution process. It focuses on ensuring compliance with relevant securities laws and regulations in Michigan. Keywords: Michigan, Distribution Agreement, continuous offering, Fund's shares, legal document, terms and conditions, distribution, fund manager, distributor, securities laws, regulations. Types of Michigan Distribution Agreements regarding the continuous offering of a Fund's shares: 1. General Michigan Distribution Agreement: This is a standard agreement that covers the ongoing distribution of a Fund's shares in Michigan, following the guidelines set forth by the state securities laws. 2. Limited Offering Michigan Distribution Agreement: This type of agreement is specific to limited offerings, wherein the distribution of a Fund's shares is restricted to a certain group of investors. Often, such agreements are used for private placements or offerings made to accredited investors. 3. Exempt Offering Michigan Distribution Agreement: This agreement is applicable to offerings that qualify for exemptions under state securities laws. The distribution of a Fund's shares in an exempt offering is subject to certain conditions or restrictions outlined in the agreement. 4. Institutional Michigan Distribution Agreement: This type of agreement caters to the distribution of a Fund's shares exclusively to institutional investors, such as pension funds, endowments, or insurance companies. It may contain provisions tailored to the specific needs and preferences of institutional investors. 5. Retail Michigan Distribution Agreement: This agreement addresses the continuous offering of a Fund's shares to individual retail investors in Michigan. It may include provisions related to marketing, sales efforts, and disclosure requirements specific to retail investors. It's important to note that the specific types and names of Michigan Distribution Agreements may vary depending on the particular fund and its objectives, as well as any unique regulatory requirements applicable to that fund.