0000719608-98-000004 Sample Contracts

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

AutoNDA by SimpleDocs
SHAREHOLDER SERVICES AGREEMENT 1. The parties to this Agreement, which is effective as of January 1, 1995, are The New Economy Fund (hereinafter called "the Fund") and American Funds Service Company, a California corporation (hereinafter called...
Shareholder Services Agreement • January 30th, 1998 • New Economy Fund

SHAREHOLDER SERVICES AGREEMENT 1. The parties to this Agreement, which is effective as of January 1, 1995, are The New Economy Fund (hereinafter called "the Fund") and American Funds Service Company, a California corporation (hereinafter called "AFS"). AFS is a wholly owned subsidiary of Capital Research and Management Company (hereinafter called "CRMC"). This Agreement will continue in effect until amended or terminated in accordance with its terms. 2. The Fund hereby employs AFS, and AFS hereby accepts such employment by the Fund, as its transfer agent. In such capacity AFS will provide the services of stock transfer agent, dividend disbursing agent, redemption agent, and such additional related services as the Fund may from time to time require, all of which services are sometimes referred to herein as "shareholder services." 3. AFS has entered into substantially identical agreements with other investment companies for which CRMC serves as investment adviser. (For the purposes of th

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!