Retirement Plan Share Classes. (R shares) and Account Options (for retirement plans only) a. We will pay you ongoing compensation on a quarterly basis, at the applicable annual rate set forth below, of the average daily net asset value of R shares of Funds listed in Category 1, Category 2, Category 3 and Category 4 on the attached Schedule A that are held in an employer-sponsored retirement plan (Plan) account assigned to you at the end of the quarter for which payment is made. The payment of this ongoing compensation is subject to the limitations contained in each Fund’s Plan of Distribution and may be varied or discontinued at any time. We expect that you will maintain one account for each of your Plan customers on the books of the Funds.
Appears in 98 contracts
Samples: Principal Underwriting Agreement (American Funds Multi-Sector Income Fund), Principal Underwriting Agreement (Capital World Bond Fund), Principal Underwriting Agreement (American Funds Emerging Markets Bond Fund)
Retirement Plan Share Classes. (R shares) and Account Options (for retirement plans only)
a. We will pay you ongoing compensation on a quarterly basis, at the applicable annual rate set forth below, of the average daily net asset value of R shares of Funds listed in Category 1, Category 2, Category 3 and Category 4 on the attached Schedule A that are held in an employer-sponsored a retirement plan (Plan) account assigned to you at the end of the quarter for which payment is made. The payment of this ongoing compensation is subject to the limitations contained in each Fund’s Plan of Distribution and may be varied or discontinued at any time. We expect that you will maintain one account for each of your Plan customers on the books of the Funds.
Appears in 25 contracts
Samples: Principal Underwriting Agreement (Bond Fund of America), Principal Underwriting Agreement (American Mutual Fund), Principal Underwriting Agreement (American Funds Global Balanced Fund)
Retirement Plan Share Classes. (R shares) and Account Options (for retirement plans only)
a. We will pay you ongoing compensation on a quarterly basis, at the applicable annual rate set forth below, of the average daily net asset value of R shares of Funds listed in Category 1, Category 2, 2 and Category 3 and Category 4 on the attached Schedule A that are held in an employer-sponsored a retirement plan (Plan) account assigned to you at the end of the quarter for which payment is made. The payment of this ongoing compensation is subject to the limitations contained in each Fund’s Plan of Distribution and may be varied or discontinued at any time. We expect that you will maintain one account for each of your Plan customers on the books of the Funds.
Appears in 2 contracts
Samples: Principal Underwriting Agreement (Short-Term Bond Fund of America), Principal Underwriting Agreement (American Funds Target Date Retirement Series)
Retirement Plan Share Classes. (R shares) and Account Options (for retirement plans only)
a. We will pay you ongoing compensation on a quarterly basis, at the applicable annual rate set forth below, of the average daily net asset value of R shares of Funds listed in Category 1, Category 2, 2 and Category 3 and Category 4 on the attached Schedule A that are held in an employer-sponsored retirement plan (Plan) a Plan account assigned to you at the end of the quarter for which payment is made. The payment of this ongoing compensation is subject to the limitations contained in each Fund’s Plan of Distribution and may be varied or discontinued at any time. We expect that you will maintain one account for each of your Plan customers on the books of the Funds.
Appears in 2 contracts
Samples: Principal Underwriting Agreement (International Growth & Income Fund, Inc.), Principal Underwriting Agreement (American Funds Target Date Retirement Series)
