Distribution Agreement between Ingenuity Capital Management, LLC and Rafferty Capital Markets
Understanding this form
The Distribution Agreement between Ingenuity Capital Management, LLC and Rafferty Capital Markets is a legal document that formalizes the relationship between these two parties regarding the sale and redemption of investment shares. This agreement outlines the roles and responsibilities of both parties, ensuring compliance with applicable securities laws. It serves as a critical framework for the distribution of shares managed by Ingenuity Capital Trust, setting it apart from other legal forms by its specific focus on financial services under the Investment Company Act of 1940.
Form components explained
- Appointment of Rafferty Capital Markets as the principal underwriter for Ingenuity Capital Trust.
- Roles and responsibilities of each party in the sale and redemption of shares.
- Conditions under which the Fund may withdraw offerings of shares.
- Indemnification provisions to protect both parties from legal claims.
- Terms regarding compensation for the services provided by Rafferty Capital Markets.
- Details concerning the duration and termination of the agreement.
Common use cases
This Distribution Agreement should be used when an investment trust seeks to establish a formal relationship with an outside underwriter for the distribution of its shares. It is particularly relevant during fundraising activities or when entering into new relationships for promoting and selling investment shares to the public. If a financial institution is looking to engage an underwriter for managing its investment offerings, this agreement is essential.
Who should use this form
This form is intended for:
- Investment management firms looking to partner with underwriters for share distribution.
- Financial institutions needing to formalize their relationships with external sales agents.
- Legal professionals assisting clients in the financial services sector.
- Compliance officers within investment trusts ensuring adherence to securities regulations.
Steps to complete this form
- Identify the parties involved: Ingenuity Capital Management, LLC, and Rafferty Capital Markets, Inc.
- Clearly state the effective date of the agreement.
- Outline the roles of each party related to share sale and redemption.
- Include specific provisions regarding indemnification, compensation, and terms of termination.
- Ensure that the signatures of authorized representatives from both parties are included.
Does this form need to be notarized?
This form does not typically require notarization to be legally valid. However, some jurisdictions or document types may still require it. US Legal Forms provides secure online notarization powered by Notarize, available 24/7 for added convenience.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes to avoid
- Failing to properly date the agreement, which may cause legal ambiguities.
- Neglecting to specify the compensation terms clearly, leading to disputes later.
- Omitting signatures from authorized representatives, rendering the agreement unenforceable.
- Using outdated regulatory language that may not comply with current laws.
Benefits of completing this form online
- Convenience of downloading and completing the form from any location.
- Editability allows users to customize the agreement as per their specific needs.
- Access to reliable templates drafted by licensed attorneys, ensuring legal compliance.
- Immediate availability without the need for in-person meetings.
Legal use & context
- This form formalizes the relationship between the fund and the underwriter, ensuring both parties are protected under U.S. securities law.
- It establishes clear guidelines to minimize disputes and liabilities during the share offering process.
- Ensures compliance with federal regulations under the Investment Company Act of 1940 and the Securities Act of 1933.
What to keep in mind
- The Distribution Agreement is essential for investment funds and underwriters.
- It outlines responsibilities, services, and legal protections for both parties.
- Users should be aware of state-specific regulations that may apply.
- Using this form online provides flexibility and ease of access.
Looking for another form?
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FAQ
Exclusive dealing or requirements contracts between manufacturers and retailers are common and are generally lawful.
Exclusive Distributor. Terms And Conditions Of Sale. Pricing. Term Of The Agreement. Marketing rights. Trademark licensing. The geographical territory covered by the agreement. Performance.
In an exclusive distributor agreement, the supplier and wholesaler-distributor agree that the wholesaler-distributor will deal exclusively with the supplier for certain products. Such agreements foreclose the supplier's competitors from accessing the marketplace through the exclusive distribution network.
Terms and conditions of sale; term for which the contract is in effect; marketing rights; trademark licensing; geographical territory covered by the agreement; performance; reporting; and. circumstances under which the contract may be terminated.