ADJUSTMENT OF THE DISTRIBUTOR’S ALLOCABLE PORTION AND EACH SUCCESSOR DISTRIBUTOR’S ALLOCABLE PORTION. The parties to the Distribution Agreement recognize that, if the terms of any distributor’s contract, any distribution plan, any prospectus, the NASD Conduct Rules or any other applicable law change so as to disproportionately reduce, in a manner inconsistent with the intent of this Distribution Agreement, the amount of the Distributor’s Allocable Portion or any Successor Distributor’s Allocable Portion had no such change occurred, the definitions of the Distributor’s Allocable Portion and/or the Successor Distributor’s Allocable Portion in respect of the Class 529-C shares relating to a Fund shall be adjusted by agreement among the relevant parties; provided, however, if the Distributor, the Successor Distributor and the Fund cannot agree within thirty (30) days after the date of any such change in applicable laws or in any distributor’s contract, distribution plan, prospectus or the NASD Conduct Rules, they shall submit the question to arbitration in accordance with the commercial arbitration rules of the American Arbitration Association and the decision reached by the arbitrator shall be final and binding on each of them. American Funds Distributors, Inc. 000 Xxxxx Xxxx Xxxxxx Xxx Xxxxxxx, Xxxxxxxxxx 00000 (000) 000 0000 Extension 4 April 2012 To Our Dealer Friends, As you may know, American Funds recently announced plans to introduce a series of eight funds, American Funds Portfolio Series. Each fund in American Funds Portfolio Series will seek its investment objective by investing in a combination of American Funds. American Funds Portfolio Series will be available for sale to the public beginning May 18, 2012. The purpose of this notice is to amend your Selling Group Agreement (the “Agreement”) with American Funds Distributors, Inc. to reflect the addition of American Funds Portfolio Series. In consideration of the foregoing, the Agreement is amended as follows, effective May 18, 2012:
Appears in 3 contracts
Samples: Principal Underwriting Agreement (American Funds Global High-Income Opportunities Fund), Principal Underwriting Agreement (American Funds Corporate Bond Fund), Principal Underwriting Agreement (American Funds Inflation Linked Bond Fund)
ADJUSTMENT OF THE DISTRIBUTOR’S ALLOCABLE PORTION AND EACH SUCCESSOR DISTRIBUTOR’S ALLOCABLE PORTION. The parties to the Distribution Agreement recognize that, if the terms of any distributor’s contract, any distribution plan, any prospectus, the NASD FINRA Conduct Rules or any other applicable law change so as to disproportionately reduce, in a manner inconsistent with the intent of this Distribution Agreement, the amount of the Distributor’s Allocable Portion or any Successor Distributor’s Allocable Portion had no such change occurred, the definitions of the Distributor’s Allocable Portion and/or the Successor Distributor’s Allocable Portion in respect of the Class 529-C shares relating to a Fund shall be adjusted by agreement among the relevant parties; provided, however, if the Distributor, the Successor Distributor and the Fund cannot agree within thirty (30) days after the date of any such change in applicable laws or in any distributor’s contract, distribution plan, prospectus or the NASD FINRA Conduct Rules, they shall submit the question to arbitration in accordance with the commercial arbitration rules of the American Arbitration Association and the decision reached by the arbitrator shall be final and binding on each of them. American Funds Distributors, Inc. 000 Xxxxx Xxxx Xxxxxx Xxx Xxxxxxx, Xxxxxxxxxx 00000 (000) 000 0000 Extension 4 April 2012 To Our Dealer Friends, As you may know, American Funds recently announced plans to introduce a series of eight funds, American Funds Portfolio SeriesTelephone 800/421-5475 ext. Each fund in American Funds Portfolio Series will seek its investment objective by investing in a combination of American Funds. American Funds Portfolio Series will be available for sale to the public beginning May 18, 2012. The purpose of this notice is to amend your 8 Selling Group Agreement (the “Agreement”) Ladies and Gentlemen: We have entered into a principal underwriting agreement with each Fund in The American Funds Distributorsgroup (Funds) under which we are appointed exclusive agent for the sale of shares. As such agent we offer to sell to you as a member of a Selling Group, Inc. to reflect shares of the addition Funds as are qualified for sale in your state, on the terms set forth below. We are acting as an underwriter within the meaning of American Funds Portfolio Seriesthe applicable rules of the Financial Industry Regulatory Authority (FINRA). In consideration addition, we are the distributor of CollegeAmerica (Program), a college savings program as described in Section 529 of the foregoingInternal Revenue Code and The Recordkeeper Direct (multi-fund) Program which offers group fixed and variable annuity contracts (Contract or Contracts), using the Funds and certain other mutual funds as underlying investments. The Contracts are issued by Great-West Life & Annuity Insurance Company and First Great-West Life & Annuity Insurance Company (collectively, Great-West). Unless the context denotes otherwise, the term “shares” or “Fund shares” in the Agreement is amended as follows, effective May 18, 2012:includes units of the Contracts.
Appears in 2 contracts
Samples: Principal Underwriting Agreement (American Funds Target Date Retirement Series), Principal Underwriting Agreement (American Funds Retirement Income Portfolio Series)
ADJUSTMENT OF THE DISTRIBUTOR’S ALLOCABLE PORTION AND EACH SUCCESSOR DISTRIBUTOR’S ALLOCABLE PORTION. The parties to the Distribution Agreement recognize that, if the terms of any distributor’s 's contract, any distribution plan, any prospectus, the NASD Conduct Rules or any other applicable law change so as to disproportionately reduce, in a manner inconsistent with the intent of this Distribution Agreement, the amount of the Distributor’s 's Allocable Portion or any Successor Distributor’s 's Allocable Portion had no such change occurred, the definitions of the Distributor’s 's Allocable Portion and/or the Successor Distributor’s 's Allocable Portion in respect of the Class 529-C shares relating to a Fund shall be adjusted by agreement among the relevant parties; provided, however, if the Distributor, the Successor Distributor and the Fund cannot agree within thirty (30) days after the date of any such change in applicable laws or in any distributor’s 's contract, distribution plan, prospectus or the NASD Conduct Rules, they shall submit the question to arbitration in accordance with the commercial arbitration rules of the American Arbitration Association and the decision reached by the arbitrator shall be final and binding on each of them. [Logo – American Funds ®] American Funds Distributors, Inc. 000 Xxxxx Xxxx Xxxxxx Xxx Xxxxxxx, Xxxxxxxxxx 00000 (000) 000 0000 Extension Telephone 800/000-0000, ext. 4 April 2012 July 2009 To Our Dealer Friends, As you may know, shareholders of The Cash Management Trust of America and The U.S. Treasury Money Fund of America have approved merging those funds into American Funds recently announced plans to introduce a series Money Market Fund. The merger will occur on July 10, 2009. In addition, shareholders of eight funds, The Tax-Exempt Money Fund of America approved conversion of that fund into the new American Funds Portfolio SeriesShort-Term Tax-Exempt Bond Fund. Each fund On August 7, 2009, shares in the Tax-Exempt Money Fund of America will be converted on a 10-to-1 basis into shares of the bond fund. For American Funds Portfolio Series will seek its investment objective by investing in a combination of American Funds. American Funds Portfolio Series Short-Term Tax-Exempt Bond Fund, the 12b-1 service fee will be available 0.15% on Class A and Class B shares. Finally, the 12b-1 service fee for sale Short-Term Bond Fund of America will be reduced to the public beginning May 180.15% for Class A, 2012Class 529-A, Class B and Class 529-B shares on September 1, 2009. The purpose of this notice is to amend your Selling Group Agreement (the “Agreement”) with American Funds Distributors, Inc. Distributors to reflect these changes. The changes shall be effective as of the addition of American Funds Portfolio Seriesdates set forth above. In consideration of the foregoing, the Agreement is amended as follows, effective May 18, 2012:
Appears in 1 contract
Samples: Principal Underwriting Agreement (American Funds Short-Term Tax-Exempt Bond Fund)
ADJUSTMENT OF THE DISTRIBUTOR’S ALLOCABLE PORTION AND EACH SUCCESSOR DISTRIBUTOR’S ALLOCABLE PORTION. The parties to the Distribution Agreement recognize that, if the terms of any distributor’s 's contract, any distribution plan, any prospectus, the NASD Conduct Rules or any other applicable law change so as to disproportionately reduce, in a manner inconsistent with the intent of this Distribution Agreement, the amount of the Distributor’s 's Allocable Portion or any Successor Distributor’s 's Allocable Portion had no such change occurred, the definitions of the Distributor’s 's Allocable Portion and/or the Successor Distributor’s 's Allocable Portion in respect of the Class 529-C shares relating to a Fund shall be adjusted by agreement among the relevant parties; provided, however, if the Distributor, the Successor Distributor and the Fund cannot agree within thirty (30) days after the date of any such change in applicable laws or in any distributor’s 's contract, distribution plan, prospectus or the NASD Conduct Rules, they shall submit the question to arbitration in accordance with the commercial arbitration rules of the American Arbitration Association and the decision reached by the arbitrator shall be final and binding on each of them. American Funds Distributors, Inc. 000 Xxxxx Xxxx Xxxxxx Xxx Xxxxxxx, Xxxxxxxxxx 00000 (000) 000 0000 Extension 4 April 2012 To Our Dealer FriendsTelephone 800/000-0000, As you may know, American Funds recently announced plans to introduce a series of eight funds, American Funds Portfolio Seriesext. Each fund in American Funds Portfolio Series will seek its investment objective by investing in a combination of American Funds. American Funds Portfolio Series will be available for sale to the public beginning May 18, 2012. The purpose of this notice is to amend your 8 Form Of Selling Group Agreement (the “Agreement”) Ladies and Gentlemen: We have entered into a principal underwriting agreement with each Fund in The American Funds Distributorsgroup (Funds) under which we are appointed exclusive agent for the sale of shares. As such agent we offer to sell to you as a member of a Selling Group, Inc. to reflect shares of the addition Funds as are qualified for sale in your state, on the terms set forth below. We are acting as an underwriter within the meaning of American Funds Portfolio Seriesthe applicable rules of the NASD. In consideration addition, we are the distributor of CollegeAmerica (Program), a college savings program as described in Section 529 of the foregoing, the Agreement is amended as follows, effective May 18, 2012:Internal Revenue Code.
Appears in 1 contract
Samples: Principal Underwriting Agreement (American Funds Tax Exempt Series I)
ADJUSTMENT OF THE DISTRIBUTOR’S ALLOCABLE PORTION AND EACH SUCCESSOR DISTRIBUTOR’S ALLOCABLE PORTION. The parties to the Distribution Agreement recognize that, if the terms of any distributor’s contract, any distribution plan, any prospectus, the NASD FINRA Conduct Rules or any other applicable law change so as to disproportionately reduce, in a manner inconsistent with the intent of this Distribution Agreement, the amount of the Distributor’s Allocable Portion or any Successor Distributor’s Allocable Portion had no such change occurred, the definitions of the Distributor’s Allocable Portion and/or the Successor Distributor’s Allocable Portion in respect of the Class 529-C shares relating to a Fund shall be adjusted by agreement among the relevant parties; provided, however, if the Distributor, the Successor Distributor and the Fund cannot agree within thirty (30) days after the date of any such change in applicable laws or in any distributor’s contract, distribution plan, prospectus or the NASD FINRA Conduct Rules, they shall submit the question to arbitration in accordance with the commercial arbitration rules of the American Arbitration Association and the decision reached by the arbitrator shall be final and binding on each of them. EXHIBT A to the American Funds Distributors, Inc. 000 Xxxxx Xxxx Xxxxxx Xxx Xxxxxxx, Xxxxxxxxxx 00000 (000) 000 0000 Extension 4 April 2012 To Our Dealer Friends, As you may know, College Target Date Series Amended and Restated Principal Underwriting Agreement Fund Effective Date Termination Date American Funds recently announced plans to introduce a series of eight fundsCollege 2039 Fund May 1, 2021 April 30, 2022 American Funds Portfolio Series. Each fund in College 2036 Fund May 1, 2021 April 30, 2022 American Funds Portfolio Series will seek its investment objective by investing in a combination of American Funds. College 2033 Fund May 1, 2021 April 30, 2022 American Funds Portfolio Series will be available for sale to the public beginning College 2030 Fund May 181, 2012. The purpose of this notice is to amend your Selling Group Agreement (the “Agreement”) with 2021 April 30, 2022 American Funds DistributorsCollege 2027 Fund May 1, Inc. to reflect the addition of 2021 April 30, 2022 American Funds Portfolio Series. In consideration of the foregoingCollege 2024 Fund May 1, the Agreement is amended as follows2021 April 30, effective 2022 American Funds College Enrollment Fund May 181, 2012:2021 April 30, 2022
Appears in 1 contract
Samples: Principal Underwriting Agreement (American Funds College Target Date Series)
ADJUSTMENT OF THE DISTRIBUTOR’S ALLOCABLE PORTION AND EACH SUCCESSOR DISTRIBUTOR’S ALLOCABLE PORTION. The parties to the Distribution Agreement recognize that, if the terms of any distributor’s contract, any distribution plan, any prospectus, the NASD FINRA Conduct Rules or any other applicable law change so as to disproportionately reduce, in a manner inconsistent with the intent of this Distribution Agreement, the amount of the Distributor’s Allocable Portion or any Successor Distributor’s Allocable Portion had no such change occurred, the definitions of the Distributor’s Allocable Portion and/or the Successor Distributor’s Allocable Portion in respect of the Class 529-C shares relating to a Fund shall be adjusted by agreement among the relevant parties; provided, however, if the Distributor, the Successor Distributor and the Fund cannot agree within thirty (30) days after the date of any such change in applicable laws or in any distributor’s contract, distribution plan, prospectus or the NASD FINRA Conduct Rules, they shall submit the question to arbitration in accordance with the commercial arbitration rules of the American Arbitration Association and the decision reached by the arbitrator shall be final and binding on each of them. American Funds DistributorsUpdated as of September 13, Inc. 000 Xxxxx Xxxx Xxxxxx Xxx Xxxxxxx, Xxxxxxxxxx 00000 (000) 000 0000 Extension 4 April 2012 To Our Dealer Friends, As you may know, American Funds recently announced plans 2017 EXHIBIT A to introduce a series of eight funds, American Funds Portfolio Series. Each fund in the American Funds Portfolio Series will seek its investment objective by investing in a combination of American Funds. Amended and Restated Principal Underwriting Agreement Fund Effective Date Termination Date American Funds Global Growth Portfolio Series will be available for sale to the public beginning May 189/13/17 1/31/18 American Funds Growth Portfolio 9/13/17 1/31/18 American Funds Growth and Income Portfolio 9/13/17 1/31/18 American Funds Moderate Growth and Income Portfolio 9/13/17 1/31/18 American Funds Conservative Growth and Income Portfolio 9/13/17 1/31/18 American Funds Tax-Advantaged Growth and Income Portfolio1 9/13/17 1/31/18 American Funds Preservation Portfolio 9/13/17 1/31/18 American Funds Tax-Exempt Preservation Portfolio1 9/13/17 1/31/18 1 Fund offers only Class A, 2012. The purpose of this notice is to amend your C, T, F-1, F-2 and F-3 shares Selling Group Agreement (the “Agreement”) Ladies and Gentlemen: We have entered into a principal underwriting agreement with each Fund in The American Funds Distributorsgroup (Funds) under which we are appointed exclusive agent for the sale of shares. As such agent we offer to sell to you as a member of a Selling Group, Inc. to reflect shares of the addition Funds as are qualified for sale in your state, on the terms set forth below. We are acting as an underwriter within the meaning of American Funds Portfolio Seriesthe applicable rules of the Financial Industry Regulatory Authority (FINRA). In consideration addition, we are the distributor of CollegeAmerica (Program), a college savings program as described in Section 529 of the foregoing, the Agreement is amended as follows, effective May 18, 2012:Internal Revenue Code.
Appears in 1 contract