Common use of Distribution Plans Clause in Contracts

Distribution Plans. (a) As used herein, the term "12b-1 Fee" means the (1) distribution charges against Fund Class A Shares assets and Fund Class C Shares assets to reimburse certain distribution expenses that are intended to result in the sale of such Class A Shares and Class C Shares of the Funds and (2) service charges against Fund Class A Shares assets and Fund Class C Shares assets to compensate intermediaries for providing services or maintaining shareholder accounts.

Appears in 5 contracts

Samples: Distribution Agreement (JNL Investors Series Trust), Distribution Agreement (JNL Investors Series Trust), Distribution Agreement (JNL Investors Series Trust)

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