Common use of Distribution Plan Clause in Contracts

Distribution Plan. (a) Pursuant to a Distribution Plan adopted by the Fund, the Fund agrees to make monthly payments to the Distributor in an amount computed at an annual rate of .25 of 1% of the Fund's average daily net assets, to finance activities undertaken by the Distributor for the purpose of distributing the Fund's shares to investors. The Distributor is obligated to and hereby agrees to use the entire amount of said fee to finance the following distribution-related activities:

Appears in 5 contracts

Samples: Distribution Agreement (Security Income Fund /Ks/), Distribution Agreement (Security Income Fund /Ks/), Distribution Agreement (Security Income Fund /Ks/)

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