RELATIONSHIP WITH DEALERS. In offering and selling Shares under this Contract, you shall be acting as principal and nothing herein shall be construed to constitute you or any of your agents, employees or representatives as our agent or employee, or as an agent or employee of the Funds. As general distributor of the Funds, we shall have full authority to take such action as we may deem advisable in respect of all matters pertaining to the distribution of the Shares. We shall not be under any obligation to you, except for obligations expressly assumed by us in this Contract.
Appears in 6 contracts
Samples: Dealer Sales Contract (Putnam New York Tax Exempt Money Market Fund), Dealer Sales Contract (Putnam Capital Appreciation Fund), Dealer Sales Contract (Putnam RetirementReady Funds)
RELATIONSHIP WITH DEALERS. In offering and selling Shares under this Contract, you shall be acting as principal and nothing herein shall be construed to constitute you or any of your agents, employees or representatives as our agent or employee, or as an agent or employee of the Fundsany Fund. As general distributor of the Funds, we shall have full authority to take such action as we may deem advisable in respect of all matters pertaining to the distribution of the Shares. We shall not be under any obligation to you, except for obligations expressly assumed by us in this Contract.
Appears in 1 contract
Samples: Dealer Sales Contract (Th Lee Putnam Investment Trust)
