Common use of Qualification Requirements Clause in Contracts

Qualification Requirements. (a) You have entered into a Sales Contract with us with respect to the ▇▇▇▇▇▇ Family of Mutual Funds (the "▇▇▇▇▇▇ Funds"). (b) You are the dealer of record for accounts in ▇▇▇▇▇▇ Funds having an aggregate average net asset value of at least the minimum amount set forth in SCHEDULE 2 (DEALER FIRM REQUIREMENTS) during the period for which a service fee is to be paid. ▇▇▇▇▇▇ Fund accounts are accounts in any open-end ▇▇▇▇▇▇ Fund, but excluding any accounts for your firm's own retirement plans. (c) One or more of your current employees must be the designated registered representative(s) on accounts in ▇▇▇▇▇▇ Funds having an aggregate average net asset value of at least the minimum amount set forth in SCHEDULE 2 (REGISTERED REPRESENTATIVE REQUIREMENTS) during the period for which a service fee is to be paid. (d) You will provide the following information and agree that we will be entitled to rely on the accuracy of such information in updating our records for determining the levels of service fees payable to you under the terms of this Agreement. You understand that such payments will be based solely on ▇▇▇▇▇▇'▇ records. For each ▇▇▇▇▇▇ Fund account registered in the name of one of your customers, you will advise us, preferably by electronic means, before the end of the second month in each calendar quarter, of the registered representative's name, identification number, branch number, and telephone number.

Appears in 7 contracts

Sources: Dealer Service Agreement (Putnam Voyager Fund Ii), Dealer Service Agreement (Putnam Capital Appreciation Fund), Dealer Service Agreement (Putnam Europe Growth Fund)

Qualification Requirements. (a) You have entered into a Sales Contract with us with respect to the ▇▇▇▇▇▇ Family of Mutual Funds (the "▇▇▇▇▇▇ Funds"). (b) You are the dealer of record for accounts in ▇▇▇▇▇▇ Funds having an aggregate average net asset value of at least the minimum amount set forth in SCHEDULE Schedule 2 (DEALER FIRM REQUIREMENTSDealer Firm Requirements) during the period for which a service fee is to be paid. ▇▇▇▇▇▇ Fund accounts are accounts in any open-end ▇▇▇▇▇▇ Fund, but excluding any accounts for your firm's own retirement plans. (c) One or more of your current employees must be the designated registered representative(s) on accounts in ▇▇▇▇▇▇ Funds having an aggregate average net asset value of at least the minimum amount set forth in SCHEDULE Schedule 2 (REGISTERED REPRESENTATIVE REQUIREMENTSRegistered Representative Requirements) during the period for which a service fee is to be paid. (d) You will provide the following information and agree that we will be entitled to rely on the accuracy of such information in updating our records for determining the levels of service fees payable to you under the terms of this Agreement. You understand that such payments will be based solely on ▇▇▇▇▇▇'▇ records. For each ▇▇▇▇▇▇ Fund account registered in the name of one of your customers, you will advise us, preferably by electronic means, before the end of the second month in each calendar quarter, of the registered representative's name, identification number, branch number, and telephone number.

Appears in 3 contracts

Sources: Dealer Service Agreement (Putnam Overseas Growth Fund), Dealer Service Agreement (Putnam RetirementReady Funds), Dealer Service Agreement (Putnam New Opportunities Fund)

Qualification Requirements. (a) You have entered into a Sales Contract with us with respect to the P▇▇▇▇▇ Family of Mutual Funds (the "▇“P▇▇▇▇▇ Funds"). (b) You are the dealer of record for accounts in P▇▇▇▇▇ Funds having an aggregate average net asset value of at least the minimum amount set forth in SCHEDULE Schedule 2 (DEALER FIRM REQUIREMENTSDealer Firm Requirements) during the period for which a service fee is to be paid. P▇▇▇▇▇ Fund accounts are accounts in any open-end P▇▇▇▇▇ Fund, but excluding any accounts for your firm's ’s own retirement plans. (c) One or more of your current employees must be the designated registered representative(s) on accounts in P▇▇▇▇▇ Funds having an aggregate average net asset value of at least the minimum amount set forth in SCHEDULE Schedule 2 (REGISTERED REPRESENTATIVE REQUIREMENTSRegistered Representative Requirements) during the period for which a service fee is to be paid. (d) You will provide the following information and agree that we will be entitled to rely on the accuracy of such information in updating our records for determining the levels of service fees payable to you under the terms of this Agreement. You understand that such payments will be based solely on P▇▇▇▇▇▇'▇ records. For each P▇▇▇▇▇ Fund account registered in the name of one of your customers, you will advise us, preferably by electronic means, before the end of the second month in each calendar quarter, of the registered representative's ’s name, identification number, branch number, and telephone number.

Appears in 3 contracts

Sources: Dealer Service Agreement (Putnam Income Fund), Dealer Service Agreement (Putnam Sustainable Leaders Fund), Dealer Service Agreement (Putnam Funds Trust)

Qualification Requirements. (a) You have entered into a Sales Contract with us with respect to the P▇▇▇▇▇ Family of Mutual Funds (the "P▇▇▇▇▇ Funds"). (b) You are the dealer of record for accounts in P▇▇▇▇▇ Funds having an aggregate average net asset value of at least the minimum amount set forth in SCHEDULE 2 (DEALER FIRM REQUIREMENTS) during the period for which a service fee is to be paid. P▇▇▇▇▇ Fund accounts are accounts in any open-end P▇▇▇▇▇ Fund, but excluding any accounts for your firm's own retirement plans. (c) One or more of your current employees must be the designated registered representative(s) on accounts in P▇▇▇▇▇ Funds having an aggregate average net asset value of at least the minimum amount set forth in SCHEDULE 2 (REGISTERED REPRESENTATIVE REQUIREMENTS) during the period for which a service fee is to be paid. (d) You will provide the following information and agree that we will be entitled to rely on the accuracy of such information in updating our records for determining the levels of service fees payable to you under the terms of this Agreement. You understand that such payments will be based solely on P▇▇▇▇▇'▇ records. For each P▇▇▇▇▇ Fund account registered in the name of one of your customers, you will advise us, preferably by electronic means, before the end of the second month in each calendar quarter, of the registered representative's name, identification number, branch number, and telephone number.

Appears in 1 contract

Sources: Dealer Service Agreement (Putnam Tax Managed Funds Trust)