Compensation on Sales of Class 529-E Shares. We will pay you ongoing compensation on a quarterly basis at the annual rate of 0.50% of the average daily net asset value of Class 529-E shares of Funds listed in Category 1, Category 2, Category 3 and Category 4 on the attached Schedule A that are held in an account assigned to you at the end of the quarter for which payment is made. The payment of this ongoing compensation is subject to the limitations contained in each Fund’s Plan of Distribution and may be varied or discontinued at any time.
Appears in 25 contracts
Samples: Principal Underwriting Agreement (Bond Fund of America), Principal Underwriting Agreement (American Mutual Fund), Principal Underwriting Agreement (American Funds Global Balanced Fund)
Compensation on Sales of Class 529-E Shares. We will pay you ongoing compensation on a quarterly basis at the annual rate of 0.50% of the average daily net asset value of Class 529-E shares of Funds listed in Category 1, Category 2, Category 3 3, Category 4 and Category 4 5 on the attached Schedule A that are held in an account assigned to you at the end of the quarter for which payment is made. The payment of this ongoing compensation is subject to the limitations contained in each Fund’s Plan of Distribution and may be varied or discontinued at any time.
Appears in 3 contracts
Samples: Principal Underwriting Agreement (New Economy Fund), American Funds College Target Date Series, Europacific Growth Fund
Compensation on Sales of Class 529-E Shares. We will pay you ongoing compensation on a quarterly basis at the annual rate of 0.50% of the average daily net asset value of Class 529-E shares of Funds listed in Category 1, Category 2, 2 and Category 3 and Category 4 on the attached Schedule A that are held in an account assigned to you at the end of the quarter for which payment is made. The payment of this ongoing compensation is subject to the limitations contained in each Fund’s Plan of Distribution and may be varied or discontinued at any time.
Appears in 3 contracts
Samples: Principal Underwriting Agreement (International Growth & Income Fund, Inc.), Principal Underwriting Agreement (Short-Term Bond Fund of America), Principal Underwriting Agreement (American Funds Target Date Retirement Series)
