Offering Price and Fees. The public offering price at which you may offer the Shares is the net asset value thereof, as computed from time to time, plus any applicable sales charge described in the then-current Prospectus of the applicable Fund. As compensation for each sale of Shares made by you, you will be allowed the dealer discount if any, on such Shares described in the then-current Prospectus of the Fund whose Shares are sold. We reserve the right to revise the dealer discount referred to herein upon ten days' written notice to you. We will furnish you upon request with the public offering prices for the Shares, and you agree to quote such prices in connection with any Shares offered by you for sale. Your attention is specifically called to the fact that each sale is always made subject to confirmation by us at the public offering price next computed after receipt of the order. There is no sales charge or dealer discount to dealers on the reinvestment of dividends and distributions. In addition to the dealer discount, if any, allowed pursuant to the foregoing provisions of this Section 1, we may, at our expense, provide additional promotional incentives or payments to dealers. If non-cash concessions are provided, each dealer earning such a concession may elect to receive an amount in cash equivalent to the cost of providing such concessions. Notice of the availability of concessions will be given to you by us. All dealer discounts, promotional incentives, payments and concessions will be made by us in accordance with National Association of Securities Dealers, Inc. ("NASD") guidelines and rules.
Offering Price and Fees. The issue price at which NIKKO may publicly offer and sell the Shares in Japan is an amount equal to the net asset value per Share, as computed from time to time by the Fund in accordance with the provisions of the most recent Securities Registration Statement, subject to any sales charge or account charge imposed by NIKKO which will be borne by the investors in Japan in accordance with the provisions of the most recent Securities Registration Statement. PFD or the Trust will furnish NIKKO with information on a daily basis regarding the net asset value per Share, and NIKKO agrees to quote such net asset value in connection with any Shares offered for subscription by NIKKO and to report it to (i) JSDA in accordance with the rules of JSDA and (ii) any relevant press in accordance with the then applicable market practice in Japan. NIKKO shall ensure that each sale is made subject to confirmation by PFD or the Trust of the net asset value per Share computed upon receipt of such order in accordance with the most recent Securities Registration Statement. There is no sales charge or dealer discount to NIKKO or any other person on the reinvestment of dividends and distributions. PFD may not provide additional promotional incentives or payments to NIKKO or the Handling Securities Company, unless otherwise agreed between any of them.
Offering Price and Fees. The public offering price at which the Shares will be sold to you is the net asset value thereof, as computed from time to time. You will be furnished, upon request, with the public offering price of the Shares computed as described in the then current prospectus of the Fund. Your attention is directed to the fact that each sale is made subject to confirmation by the Fund at the public offering price next computed after receipt and acceptance of the order by the Fund. As compensation you shall receive a distribution fee as set forth on Schedule A attached.
Offering Price and Fees. The public offering price at which you may make the Shares available to your customers is the net asset value thereof, as computed from time to time, plus any applicable sales charge described in the then-current prospectus of the Fund. In the case of purchases by you, as agent for your customers, of Shares sold with a sales charge, you shall receive an agency commission consisting of a portion of the public offering price, in the amount and determined on the same basis as the sales charge reallowed to brokers and dealers that sell Shares, as described in the then-current statement of additional information of the Fund, and such other compensation to dealers as may be described therein, which shall be payable to you at the same time and on the same basis as the same is paid to such brokers and dealers, consistent with applicable law, rules and regulations. In determining the amount of any agency commission payable to you hereunder, we reserve the right to exclude any purchases for any accounts which we reasonably determine are not made in accordance with the terms of the applicable Fund prospectus and the provisions of this Agreement. We reserve the right to revise the agency commission referred to herein upon ten days' written notice to you. We will furnish you upon request with the public offering price for the Shares, and you agree to quote such prices in connection with any Shares made available by you as agent for your customers. Your attention is specifically called to the fact that each purchase of Shares by your customers is always made subject to confirmation by us at the public offering price next computed after receipt of the order. There is no sales charge or agency commission to you on the reinvestment of dividends and distributions.
