Common use of Sales Agreements Clause in Contracts

Sales Agreements. Distributor is hereby authorized to enter into separate written agreements, on such terms and conditions as Distributor may determine not inconsistent with this Agreement, with one or more organizations which agree to participate in the distribution of Contracts. Such organizations (hereafter "Broker") shall be both registered as a broker/dealer under the Securities Exchange Act and a member of NASD. Broker and its agents or representatives soliciting applications for Contracts shall be duly and appropriately licensed, registered or otherwise qualified for the sale of such Contracts (and the riders and other policies offered in connection therewith) under the insurance laws and any applicable blue-sky laws of each state or other jurisdiction in which the Company is licensed to sell the Contracts. Distributor shall have the responsibility for ensuring that Broker supervises its representatives. Broker shall assume any legal responsibilities of Company for the acts, commissions or defalcations of such representatives insofar as they relate to the sale of the Contracts. Applications for Contracts solicited by such Broker through its agents or representatives shall be transmitted directly to the Company, and if received by Distributor, shall be forwarded to Company. All premium payments under the Contracts shall be made by check to Company and, if received by Distributor, shall be held at all times in a fiduciary capacity and remitted promptly to Company.

Sales Agreements. The Distributor is hereby authorized to enter into separate written agreements, not inconsistent with this Agreement and on such terms and conditions as the Distributor may determine not inconsistent with this Agreementdetermine, with one or more organizations which agree to participate in the distribution of Contracts. Such organizations (hereafter "Broker"the “Brokers”) shall be both registered as a broker/dealer -dealers under the Securities Exchange Act and a member members of NASD. Each Broker and its agents or representatives soliciting applications for Contracts shall be duly and appropriately licensed, registered or otherwise qualified for the sale of such Contracts (and the riders and other policies offered in connection therewith) under the insurance laws and any applicable blue-sky laws of each state or other jurisdiction in which the Company is licensed to sell the Contracts. The Distributor shall have the responsibility for ensuring that each Broker supervises its agents and representatives. The Distributor shall cause each Broker shall to assume any legal responsibilities of the Company for the acts, commissions commission or defalcations of such agents or representatives insofar as they relate to the sale of the Contracts. Applications for the Contracts solicited by such a Broker through its agents or representatives shall be transmitted directly to the Company, and if received by the Distributor, shall be forwarded to the Company. All premium payments under the Contracts shall be made by check to the Company and, if received by the Distributor, shall be held at all times in a fiduciary capacity and remitted promptly to the Company.

Sales Agreements. Distributor is hereby authorized to enter into separate written agreements, on such terms and conditions as Distributor may determine not inconsistent with this Agreement, with one or more organizations which agree to participate in the distribution of Contracts. Such organizations organization (hereafter "Broker") shall be both registered as a broker/dealer under the Securities Exchange Act and a member of NASD. Broker and its agents or representatives soliciting applications for Contracts shall be duly and appropriately licensed, registered or otherwise qualified for the sale of such Contracts (and the riders and other policies offered in connection therewith) under the insurance laws and any applicable blue-sky laws of each state or other jurisdiction in which the Company is licensed to sell the Contracts. Distributor Company shall have the responsibility for ensuring no legal obligation to ensure that Broker supervises its representatives. Broker shall assume any legal responsibilities of Company for the acts, commissions or defalcations of such representatives insofar as they relate to the sale of the Contracts. Applications for Contracts solicited by such Broker through its agents or representatives shall be transmitted directly to the Company, and if received by Distributor, shall be forwarded to Company. All premium payments under the Contracts shall be made by check to Company and, if received by Distributor, shall be held at all times in a fiduciary capacity and remitted promptly to Company.

Sales Agreements. Distributor is hereby authorized to enter into separate written agreements, on such terms and conditions as Distributor may determine not inconsistent with this Agreement, with one or more organizations which agree to participate in the distribution of Contracts. Such organizations organization (hereafter "BrokerDealer") shall be both registered as a broker/dealer under the Securities Exchange Act and a member of NASD. Broker Dealer and its agents or representatives soliciting applications for Contracts shall be duly and appropriately licensed, registered or otherwise qualified for the sale of such Contracts (and the riders and other policies offered in connection therewith) under the insurance laws and any applicable blue-sky sky; laws of each state or other jurisdiction in which the Company is licensed to sell the Contracts. Distributor shall have the responsibility for ensuring that Broker Dealer supervises its representatives. Broker Dealer shall assume any legal responsibilities of Company for the acts, commissions or defalcations of such representatives insofar as they relate to the sale of the Contracts. Applications for Contracts solicited by such Broker Dealer through its agents or representatives shall be transmitted directly to the Company, and if received by Distributor, shall be forwarded to Company. All premium payments under the Contracts shall be made by check to Company and, if received by the Distributor, shall be held at all times in a fiduciary capacity and remitted promptly to Company.

Sales Agreements. Distributor is hereby authorized to enter into separate written agreements, on such terms and conditions as Distributor may determine not inconsistent with this Agreement, with one or more organizations which agree to participate in the distribution of the Contracts. Such organizations organization (hereafter "“Broker"”) shall be both registered as a broker/dealer with the Commission under Section 15(b) of the Securities Exchange Act and with the NASD as a member of NASDfirm. Broker and its agents or representatives soliciting applications for Contracts shall be duly and appropriately licensed, registered registered, or otherwise qualified for the sale of such Contracts (and the riders and other policies offered in connection therewith) under the insurance laws and any applicable blue-sky laws of each state or other jurisdiction in which the Company is licensed to sell the Contracts. Distributor shall have the responsibility for ensuring that Broker supervises or its representativesrepresentatives solicit such sales. Broker shall assume any all legal responsibilities of Company for the acts, commissions or defalcations of such representatives insofar as they relate to the sale of the Contracts. Applications for Contracts and enrollment forms solicited by such Broker through its agents or representatives shall be transmitted directly to the Company, and if received by Distributor, shall be forwarded to Company. All premium payments under the Contracts shall be made by check or wire transfer and shall be payable to Company and, if received by DistributorBroker, shall be held at all times in a fiduciary capacity and remitted promptly as soon as practicable and within thirty (30) days to the Company.

Sales Agreements. The Distributor is hereby authorized to enter into separate written agreements, not inconsistent with this Agreement and on such terms and conditions as the Distributor may determine not inconsistent with this Agreementdetermine, with one or more organizations which agree to participate in the distribution of Contracts. Such organizations (hereafter the "BrokerBrokers") shall be both registered as a broker/dealer -dealers under the Securities Exchange Act and a member members of NASD. Each Broker and its agents or representatives soliciting applications for Contracts shall be duly and appropriately licensed, registered or otherwise qualified for the sale of such Contracts (and the riders and other policies offered in connection therewith) under the insurance laws and any applicable blue-sky laws of each state or other jurisdiction in which the Company is licensed to sell the Contracts. The Distributor shall have the responsibility for ensuring that each Broker supervises its agents and representatives. The Distributor shall cause each Broker shall to assume any legal responsibilities of the Company for the acts, commissions commission or defalcations of such agents or representatives insofar as they relate to the sale of the Contracts. Applications for the Contracts solicited by such a Broker through its agents or representatives shall be transmitted directly to the Company, and if received by the Distributor, shall be forwarded to the Company. All premium payments under the Contracts shall be made by check to the Company and, if received by the Distributor, shall be held at all times in a fiduciary capacity and remitted promptly to the Company.

Sales Agreements. The Distributor is hereby authorized to enter into separate written agreements, not inconsistent with this Agreement and on such terms and conditions as the Distributor may determine not inconsistent with this Agreementdetermine, with one or more organizations which agree to participate in the distribution of Contracts. Such organizations (hereafter the "BrokerBrokers") shall be both registered as a broker/dealer -dealers under the Securities Exchange Act and a member members of NASD. Each Broker and its agents or representatives soliciting applications for Contracts shall be duly and appropriately licensed, registered or otherwise qualified for the sale of such Contracts (and Contracts(and the riders and other policies offered in connection therewith) under the insurance laws and any applicable blue-sky laws of each state or other jurisdiction in which the Company is licensed to sell the Contracts. The Distributor shall have the responsibility for ensuring that each Broker supervises its agents and representatives. The Distributor shall cause each Broker shall to assume any legal responsibilities of the Company for the acts, commissions commission or defalcations of such agents or representatives insofar as they relate to the sale of the Contracts. Applications for the Contracts solicited by such a Broker through its agents or representatives shall be transmitted directly to the Company, and if received by the Distributor, shall be forwarded to the Company. All premium payments under the Contracts shall be made by check to the Company and, if received by the Distributor, shall be held at all times in a fiduciary capacity and remitted promptly to the Company.

Sales Agreements. Distributor is hereby authorized to enter into separate written agreements, on such terms and conditions as Distributor may determine not inconsistent with this Agreement, with one or more organizations which agree to participate in the distribution of the Contracts and Certificates under the Contracts. Such organizations organization (hereafter "Broker") shall be both registered as a broker/dealer with the Commission under Section 15(b) of the Securities Exchange Act and with the NASD as a member of NASDfirm. Broker and its agents or representatives soliciting applications for Contracts and Certificates shall be duly and appropriately licensed, registered registered, or otherwise qualified for the sale of such Contracts and Certificates (and the riders and other policies offered in connection therewith) under the insurance laws and any applicable blue-sky laws of each state or other jurisdiction in which the Company is licensed to sell the Contracts. Distributor shall have the responsibility for ensuring that Broker supervises or its representativesrepresentatives solicit such sales. Broker shall assume any legal responsibilities of Company for the acts, commissions or defalcations of such representatives insofar as they relate to the sale of the ContractsContracts and Certificates. Applications for Contracts and Certificates solicited by such Broker through its agents or representatives shall be transmitted directly to the Company, and if received by Distributor, shall be forwarded to Company. All premium payments under the Contracts shall be made by check to Company and, if received by DistributorBroker, shall be held at all times in a fiduciary capacity and remitted promptly to Company.

Sales Agreements. Distributor is hereby authorized to enter into separate written agreements, on such terms and conditions as Distributor may determine not inconsistent with the terms of this Agreement, with one or more organizations which agree to participate in the distribution of ContractsContract. Such organizations (hereafter "Brokers" or "Broker") shall be both registered as a broker/dealer under the Securities Exchange Act and a member in good standing of the NASD. Broker and its agents or representatives soliciting applications for Contracts Contract shall be duly and appropriately licensed, registered registered, or otherwise qualified for the sale of such Contracts Contract (and the riders and other policies offered in connection therewith) under the insurance laws and any applicable blue-sky laws of each state or other jurisdiction in which the Company is licensed to sell the ContractsContract. Distributor shall have the responsibility for ensuring that Broker supervises its representatives. Broker shall assume any legal responsibilities of Company for the acts, commissions or defalcations of such representatives insofar as they relate to the sale of the ContractsContract. Applications for Contracts Contract solicited by such Broker through its agents or representatives shall be transmitted directly to the Company, and if received by Distributor, shall be forwarded to Company. All premium payments under the Contracts Contract shall be made by check to Company and, if received by Distributor, shall be held at all times in a fiduciary capacity and remitted promptly to Company.

Sales Agreements. The Distributor is hereby authorized to enter into separate written agreements, on not inconsistent with this Agreement and an such terms and conditions as the Distributor may determine not inconsistent with this Agreementdetermine, with one or more organizations which agree to participate in the distribution of Contracts. Such organizations (hereafter "Broker"the “Brokers”) shall be both registered as a broker/dealer -dealers under the Securities Exchange Act and a member members of NASD. Each Broker and its agents or representatives soliciting applications for Contracts shall be duly and appropriately licensed, registered or otherwise qualified for the sale of such Contracts (and the riders and other policies offered in connection therewith) under the insurance laws and any applicable blue-sky laws of each state or other jurisdiction in which the Company is licensed to sell the Contracts. The Distributor shall have the responsibility for ensuring that each Broker supervises its agents and representatives. The Distributor shall cause each Broker shall to assume any legal responsibilities of the Company for the acts, commissions commission or defalcations of such agents or representatives insofar as they relate to the sale of the Contracts. Applications for the Contracts solicited by such a Broker through its agents or representatives shall be transmitted directly to the Company, and if received by the Distributor, shall be forwarded to the Company. All premium payments under the Contracts shall be made by check to the Company and, if received by the Distributor, shall be held at all times in a fiduciary capacity and remitted promptly to the Company.

Sales Agreements. Distributor is hereby authorized to enter into separate written agreements, on such terms and conditions as Distributor may determine not inconsistent with this Agreement, with one or more organizations which agree to participate in the distribution of Contracts. Such organizations (hereafter "“Broker"”) shall be both registered as a broker/dealer under the Securities Exchange Act and a member of NASD. Broker and its agents or representatives soliciting applications for Contracts shall be duly and appropriately licensed, registered or otherwise qualified for the sale of such Contracts (and the riders and other policies offered in connection therewith) under the insurance laws and any applicable blue-sky laws of each state or other jurisdiction in which the Company is licensed to sell the Contracts. Distributor shall have the responsibility for ensuring that Broker supervises its representatives. Broker shall assume any legal responsibilities of Company for the acts, commissions or defalcations of such representatives insofar as they relate to the sale of the Contracts. Applications for Contracts solicited by such Broker through its agents or representatives shall be transmitted directly to the Company, and if received by Distributor, shall be forwarded to Company. All premium payments under the Contracts shall be made by check to Company and, if received by Distributor, shall be held at all times in a fiduciary capacity and remitted promptly to Company.

Sales Agreements. The Distributor is hereby authorized to enter into separate written agreements, on not inconsistent with this Agreement and an such terms and conditions as the Distributor may determine not inconsistent with this Agreementdetermine, with one or more organizations which agree to participate in the distribution of Contracts. Such organizations (hereafter the "BrokerBrokers") shall be both registered as a broker/dealer -dealers under the Securities Exchange Act and a member members of NASD. Each Broker and its agents or representatives soliciting applications for Contracts shall be duly and appropriately licensed, registered or otherwise qualified for the sale of such Contracts (and the riders and other policies offered in connection therewith) under the insurance laws and any applicable blue-sky laws of each state or other jurisdiction in which the Company is licensed to sell the Contracts. The Distributor shall have the responsibility for ensuring that each Broker supervises its agents and representatives. The Distributor shall cause each Broker shall to assume any legal responsibilities of the Company for the acts, commissions commission or defalcations of such agents or representatives insofar as they relate to the sale of the Contracts. Applications for the Contracts solicited by such a Broker through its agents or representatives shall be transmitted directly to the Company, and if received by the Distributor, shall be forwarded to the Company. All premium payments under the Contracts shall be made by check to the Company and, if received by the Distributor, shall be held at all times in a fiduciary capacity and remitted promptly to the Company.