Common Contracts
10 similar Principal Underwriting Agreement contracts by American Funds Income Series, Bond Fund of America Inc, Capital Income Builder Inc, others
With respect to sales of shares of any tax-exempt fund, the commission schedule for sales of shares to retirement plans of organizations with assets of $100 million or more is inapplicable. 4. On sales of shares of Companies listed in Category 3 on...Principal Underwriting Agreement • January 30th, 1998 • New Economy Fund • Hawaii
PRINCIPAL UNDERWRITING AGREEMENT THIS PRINCIPAL UNDERWRITING AGREEMENT, between THE NEW ECONOMY FUND a Massachusetts business trust (the "Fund"), and AMERICAN FUNDS DISTRIBUTORS, INC., a California corporation ("AFD"). W I T N E S S E T H: WHEREAS, the Fund is registered under the Investment Company Act of 1940, as amended to date (the "1940 Act"), as an open-end investment company and it is a part of the business of the Fund, and affirmatively in the interest of the Fund, to offer its shares for sale, either continuously, or from time to time by means of such arrangements as are determined by its Trustees to be appropriate; and WHEREAS, AFD is engaged in the business of promoting the distribution of shares of investment companies through securities broker-dealers; and WHEREAS, the Fund and AFD wish to enter into an agreement with each other to promote the distribution of the Fund's shares; NOW, THEREFORE, the parties agree as follows: 1. (a) AFD shall be the exclusive principal underw
With respect to sales of shares of any tax-exempt fund, the commission schedule for sales of shares to retirement plans of organizations with assets of $100 million or more is inapplicable. 4. On sales of shares of Companies listed in Category 3 on...Principal Underwriting Agreement • January 30th, 1998 • Capital World Growth & Income Fund Inc
PRINCIPAL UNDERWRITING AGREEMENT THIS PRINCIPAL UNDERWRITING AGREEMENT, between Capital World Growth and Income Fund, Inc., a Maryland corporation (the "Fund"), and AMERICAN FUNDS DISTRIBUTORS, INC., a California corporation ("AFD"). W I T N E S S E T H: WHEREAS, the Fund is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end diversified investment company which offers shares of common stock and it is a part of the business of the Fund, and affirmatively in the interest of the Fund, to offer shares of the Fund in an initial offering during a period that shall terminate on the settlement date, March 26, 1993, and thereafter either from time to time or continuously as determined by the Fund's officers subject to authorization by its Board of Directors; and WHEREAS, AFD is engaged in the business of promoting the distribution of shares of investment companies through securities broker-dealers; and WHEREAS, the Fund and AFD wish to enter into an
With respect to sales of shares of any tax-exempt fund, the commission schedule for sales of shares to retirement plans of organizations with assets of $100 million or more is inapplicable. 4. On sales of shares of Companies listed in Category 3 on...Principal Underwriting Agreement • December 30th, 1997 • Capital World Bond Fund Inc • Maryland
PRINCIPAL UNDERWRITING AGREEMENT THIS PRINCIPAL UNDERWRITING AGREEMENT, between CAPITAL WORLD BOND FUND, INC., a Maryland corporation (the "Fund"), and AMERICAN FUNDS DISTRIBUTORS, INC., a California corporation ("AFD"). W I T N E S S E T H: WHEREAS, the Fund is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end investment company which offers shares of common stock and it is a part of the business of the Fund, and affirmatively in the interest of the Fund, to offer shares of the Fund and shares of future series for sale, either continuously, or from time to time by means of such arrangements as are determined by its Directors to be appropriate; and WHEREAS, AFD is engaged in the business of promoting the distribution of shares of investment companies through securities dealers; and WHEREAS, the Fund and AFD wish to enter into an agreement with each other to promote the distribution of the shares of the Fund and of all series which may be e
With respect to sales of shares of any tax-exempt fund, the commission schedule for sales of shares to retirement plans of organizations with assets of $100 million or more is inapplicable. 4. On sales of shares of Companies listed in Category 3 on...Principal Underwriting Agreement • December 30th, 1997 • Capital Income Builder Inc • Maryland
PRINCIPAL UNDERWRITING AGREEMENT THIS PRINCIPAL UNDERWRITING AGREEMENT, between CAPITAL INCOME BUILDER, INC., a Maryland corporation (the "Fund"), and AMERICAN FUNDS DISTRIBUTORS, INC., a California corporation ("AFD"). W I T N E S S E T H: WHEREAS, the Fund is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end investment company which offers shares of common stock and it is a part of the business of the Fund, and affirmatively in the interest of the Fund, to offer shares of the Fund and shares of future series for sale, either continuously, or from time to time by means of such arrangements as are determined by its Directors to be appropriate; and WHEREAS, AFD is engaged in the business of promoting the distribution of shares of investment companies through securities broker-dealers; and WHEREAS, the Fund and AFD wish to enter into an agreement with each other to promote the distribution of the shares of the Fund and of all series of the F
With respect to sales of shares of any tax-exempt fund, the commission schedule for sales of shares to retirement plans of organizations with assets of $100 million or more is inapplicable. 4. On sales of shares of Companies listed in Category 3 on...Principal Underwriting Agreement • November 26th, 1997 • New Perspective Fund Inc • Hawaii
PRINCIPAL UNDERWRITING AGREEMENT THIS PRINCIPAL UNDERWRITING AGREEMENT, between NEW PERSPECTIVE FUND, INC., a Maryland corporation (the "Fund"), and AMERICAN FUNDS DISTRIBUTORS, INC., a California corporation ("AFD"); W I T N E S S E T H: WHEREAS, the Fund is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end investment company which offers shares of common stock and it is a part of the business of the Fund, and affirmatively in the interest of the Fund, to offer shares of the Fund for sale, either continuously, or from time to time by means of such arrangements as are determined by its Directors to be appropriate; and WHEREAS, AFD is engaged in the business of promoting the distribution of shares of investment companies through securities broker-dealers; and WHEREAS, the Fund and AFD wish to enter into an agreement with each other to promote the distribution of the shares of the Fund; NOW, THEREFORE, the parties agree as follows: 1. (a) AF
With respect to sales of shares of any tax-exempt fund, the commission schedule for sales of shares to retirement plans of organizations with assets of $100 million or more is inapplicable. 4. On sales of shares of Companies listed in Category 3 on...Principal Underwriting Agreement • October 31st, 1997 • Growth Fund of America Inc • California
PRINCIPAL UNDERWRITING AGREEMENT This PRINCIPAL UNDERWRITING AGREEMENT, between THE GROWTH FUND OF AMERICA, INC., a Maryland corporation (the "Fund"), and AMERICAN FUNDS DISTRIBUTORS, INC., a California corporation ("AFD"); W I T N E S S E T H: WHEREAS, the Fund is registered under the Investment Company Act of 1940, as amended to date (the "1940 Act"), as an open-end investment company and it is a part of the business of the Fund, and affirmatively in the interest of the Fund, to offer its shares for sale, either continuously, or from time to time by means of such arrangements as are determined by its Directors to be appropriate; and WHEREAS, AFD is engaged in the business of promoting the distribution of shares of investment companies through securities dealers; and WHEREAS, the Fund and AFD wish to enter into an Agreement with each other to promote the distribution of the Fund's shares; NOW, THEREFORE, the parties agree as follows: 1. (a) AFD shall be the exclusive principal underwr
PRINCIPAL UNDERWRITING AGREEMENT THIS PRINCIPAL UNDERWRITING AGREEMENT, between THE AMERICAN FUNDS INCOME SERIES, a Massachusetts business trust (the "Trust"), and AMERICAN FUNDS DISTRIBUTORS, INC., a California corporation ("AFD"); W I T N E S S E T...Principal Underwriting Agreement • October 30th, 1997 • American Funds Income Series • California
If you initiate and are responsible for sales of shares a) amounting to $1 million or more or b) made at net asset value to retirement plans of organizations with collective retirement plan assets of $100 million or more, you will be paid a dealer commission of 1.00% on sales to $2 million, plus 0.80% on amounts over $2 million up to $3 million, plus 0.50% on amounts over $3 million up to $50 million, plus 0.25% on amounts over $50 million up to $100 million, plus 0. 15% on amounts over $100 million. For each account of a shareholder of the respective Companies (and accounts related by the fight of accumulation), only such net asset value sales made over a 12 month period (commencing from the date of the first such sale) will be considered for purposes of determinin the level of dealer commissions to be paid during that period with respect to such account(s). No dealer commissions are paid on any other sales of shares at net asset value, except that commissions may be paid to dealers o
With respect to sales of shares of any tax-exempt fund, the commission schedule for sales of shares to retirement plans of organizations with assets of $100 million or more is inapplicable. 4. On sales of shares of Companies listed in Category 3 on...Principal Underwriting Agreement • October 29th, 1997 • Tax Exempt Bond Fund of America Inc • California
PRINCIPAL UNDERWRITING AGREEMENT THIS PRINCIPAL UNDERWRITING AGREEMENT, between THE TAX-EXEMPT BOND FUND OF AMERICA, INC., a Maryland corporation (the "Fund"), and AMERICAN FUNDS DISTRIBUTORS, INC., a California corporation ("AFD"); W I T N E S S E T H: WHEREAS, the Fund is registered under the Investment Company Act of 1940, as amended to date (the "1940 Act"), as an open-end investment company and it is a part of the business of the Fund, and affirmatively in the interest of the Fund, to offer its shares for sale, either continuously, or from time to time by means of such arrangements as are determined by its directors to be appropriate; and WHEREAS, AFD is engaged in the business of promoting the distribution of shares of investment companies through securities dealers; and WHEREAS, the Fund and AFD wish to enter into an Agreement with each other to promote the distribution of the Fund's shares; NOW, THEREFORE, the parties agree as follows: 1. (a) AFD shall be the exclusive principa
With respect to sales of shares of any tax-exempt fund, the commission schedule for sales of shares to retirement plans of organizations with assets of $100 million or more is inapplicable. 4. On sales of shares of Companies listed in Category 3 on...Principal Underwriting Agreement • September 30th, 1997 • Income Fund of America Inc • California
PRINCIPAL UNDERWRITING AGREEMENT This PRINCIPAL UNDERWRITING AGREEMENT, between THE INCOME FUND OF AMERICA, INC., a Maryland corporation (the "Fund"), and AMERICAN FUNDS DISTRIBUTORS, INC., a California corporation ("AFD"); W I T N E S S E T H: WHEREAS, the Fund is registered under the Investment Company Act of 1940, as amended to date (the "1940 Act"), as an open-end investment company and it is a part of the business of the Fund, and affirmatively in the interest of the Fund, to offer its shares for sale, either continuously, or from time to time by means of such arrangements as are determined by its Directors to be appropriate; and WHEREAS, AFD is engaged in the business of promoting the distribution of shares of investment companies through securities dealers; and WHEREAS, the Fund and AFD wish to enter into an Agreement with each other to promote the distribution of the Fund's shares; NOW, THEREFORE, the parties agree as follows: 1. (a) AFD shall be the exclusive principal underwr
PRINCIPAL UNDERWRITING AGREEMENT THIS PRINCIPAL UNDERWRITING AGREEMENT, between THE BOND FUND OF AMERICA, INC., a Maryland corporation (the "Fund"), and AMERICAN FUNDS DISTRIBUTORS, INC., a California corporation ("AFD"); W I T N E S S E T H: WHEREAS,...Principal Underwriting Agreement • February 28th, 1997 • Bond Fund of America Inc • California
American Funds Distributors(sm) American Funds Distributors 333 South Hope Street Los Angeles, California 90071 Telephone 800/421-9900; ext. 11 SELLING GROUP AGREEMENT Gentlemen: We have entered into principal underwriting agreements with each of the Funds in The American Funds Group (hereafter called the "Companies") under which we are appointed exclusive agent for the respective Companies for the sale of their shares. As such agent we offer to sell to you as a member of a Selling Group, shares of such of the Companies as are qualified for sale in your state, on the terms set forth below. We are acting as an underwriter within the meaning of Article 111, Section 26 of the Rules of Fair Practice of the National Association of Securities Dealers, Inc. You are to offer and sell shares only at the regular public price currently determined by the respective Companies in the manner described in their offering Prospectuses. This Agreement on your part runs to us and to the respective Compani
