Omnibus Shares. Omnibus Shares of any Portfolio which are Free Shares outstanding on any date shall be attributed to the Distributor and each Other Distributor pursuant to the following rules: (i) For purposes of the attribution of Omnibus Shares of a Portfolio which are Free Shares, such attributions shall be made separately for the Omnibus Shares held in each individual Omnibus Account of such Portfolio, and the result of each such separate computation shall be aggregated to provide the total Free Shares attributable to the Distributor and each Other Distributor. (ii) Free Shares which are Omnibus Shares and issued (other than in connection with Free Exchange Transaction) during any calendar month shall be attributed to the Distributor and each Other Distributor as of the end of such calendar month in a number computed as follows: where: A = Omnibus Shares which are Free Shares issued (other than in connection with a Free Exchange Transaction) during such calendar month. B = Commission Shares and Free Shares which are Omnibus Shares deemed to be attributed to the Distributor or such Other Distributor, as the case may be, and outstanding as of the close of business on the last day of the immediately preceding calendar month in accordance with this paragraph (C).
Appears in 7 contracts
Samples: Master Distribution Agreement (Aim International Mutual Funds (Invesco International Mutual Funds)), Master Distribution Agreement (Aim Equity Funds (Invesco Equity Funds)), Master Distribution Agreement (Aim Funds Group (Invesco Funds Group))
