Administration, shareholder services and distribution agreement administration, shareholder services and distribution agreement
ADMINISTRATION, SHAREHOLDER SERVICES AND DISTRIBUTION AGREEMENT ADMINISTRATION, SHAREHOLDER SERVICES AND DISTRIBUTION AGREEMENT Sample Clauses
ADMINISTRATION, SHAREHOLDER SERVICES AND DISTRIBUTION AGREEMENT ADMINISTRATION, SHAREHOLDER SERVICES AND DISTRIBUTION AGREEMENT dated as of _______, _______ between Seligman Advisors, Inc. ("Seligman Advisors") and ________________(the "Service Organization"). The Parties hereto enter into a Administration, Shareholder Services and Distribution Agreement ("Service Agreement") with respect to the shares of Seligman Capital Fund, Inc., Seligman Cash Management Fund, Inc., Seligman Common Stock Fund, Inc., Seligman Communications and Information Fund, Inc., Seligman Frontier Fund, Inc., Seligman Growth Fund, Inc., Seligman Henderson Global Fund Series, Inc., Seligman High Income Fund Series, Seligman Income Fund, Inc., Seligman New Jersey Municipal Fund, Inc., Seligman Pennsylvania Municipal Fund Series, Seligman Municipal Fund Series, Inc., Seligman Municipal Series Trust, Seligman Value Fund Series, Inc. (the "Funds"), and any other future mutual funds that may become members of the Seligman Group of Investment Companies which adopt an Administration, Shareholder Services and Distribution Plan, pursuant to Rule 12b-1 under the Investment Company Act of 1940, as amended (the "Act"), and in consideration of the mutual agreements herein made, agree as follows: The Service Organization shall make such use of or provide such information and services as may be necessary or appropriate (i) to provide shareholder services to shareholders of the Funds and (ii) to assist Seligman Advisors in any distribution of shares of the Funds, including, without limitation, making use of the Service Organization's name, client lists, and publications, for the solicitation of sales of shares of the Funds to Service Organization clients, and such other assistance as Seligman Advisors reasonably requests, to the extent permitted by applicable statute, rule or regulation. 1. Except with respect to the Class C and Class D shares of a Fund for the first year following the sale thereof, Seligman Advisors shall pay to the Service Organization a service fee (as defined in the National Association of Securities Dealers, Inc. Rules of Fair Practice) not to exceed .25 of 1% per annum of the average daily net assets of each class of shares of each Fund attributable to the clients of the Service Organization.