Common use of Exclusive Distributor Clause in Contracts

Exclusive Distributor. The Fund hereby agrees that Xxxxxxxx Financial Services shall be for the period of this Agreement exclusive agent for distribution within the United States and its territories, and Xxxxxxxx Financial Services agrees to use its best efforts during such period to effect such distribution of shares of Capital Stock ("Shares") of the Fund; provided, however, that nothing herein shall prevent the Fund, if it so elects, from selling or otherwise distributing its Shares directly to any persons other than dealers. The Fund understands that Xxxxxxxx Financial Services also acts as agent for distribution of the shares of capital stock or beneficial interest of other open-end investment companies which have entered into management agreements with J. & X. Xxxxxxxx & Co. Incorporated (the "Manager").

Exclusive Distributor. The Fund hereby agrees that Xxxxxxxx Financial --------------------- Services shall be for the period of this Agreement exclusive agent for distribution within the United States and its territories, and Xxxxxxxx Financial Services agrees to use its best efforts during such period to effect such distribution of shares of Capital Stock ("Shares") of the Fund; provided, however, that nothing herein shall prevent the Fund, if it so -------- ------- elects, from selling or otherwise distributing its Shares directly to any persons other than dealers. The Fund understands that Xxxxxxxx Financial Services also acts as agent for distribution of the shares of capital stock or beneficial interest of other open-end investment companies which have entered into management agreements with J. & X. Xxxxxxxx & Co. Incorporated (the "Manager").

Exclusive Distributor. The Fund hereby agrees that Xxxxxxxx Financial Services Advisors shall be for the period of this Agreement exclusive agent for distribution within the United States and its territories, and Xxxxxxxx Financial Services Advisors agrees to use its best efforts during such period to effect such distribution of shares of Capital Stock ("Shares") of the Fund; provided, however, that nothing herein shall prevent the Fund, if it so elects, from selling or otherwise distributing its Shares directly to any persons other than dealers. The Fund understands that Xxxxxxxx Financial Services Advisors also acts as agent for distribution of the shares of capital stock or beneficial interest of other open-end investment companies which have entered into management agreements with J. & X. Xxxxxxxx & Co. Incorporated (the "Manager").

Exclusive Distributor. The Fund hereby agrees that Xxxxxxxx Financial Services Advisors shall be for the period of this Agreement exclusive agent for distribution within the United States and its territories, and Xxxxxxxx Financial Services Advisors agrees to use its best efforts during such period to effect such distribution of shares of Capital Stock ("“Shares"”) of the Fund; provided, however, that nothing herein shall prevent the Fund, if it so elects, from selling or otherwise distributing its Shares directly to any persons other than dealers. The Fund understands that Xxxxxxxx Financial Services Advisors also acts as agent for distribution of the shares of capital stock or beneficial interest of other open-end investment companies which have entered into management agreements with J. & X. Xxxxxxxx & Co. Incorporated (the "“Manager"”).