APPOINTMENT FEES. The Original Agreement in the last sentence of Section 5 provides that AFD will be responsible for all state insurance appointing fees and associated insurance license renewal fees incurred to enable members to sell the Policies ("appointment fees"). This sentence in Section 5 is hereby eliminated and it is agreed that Lincoln National will be responsible for any and all appointment fees as of September 1, 1997. Lincoln National will also assume the responsibility for deciding whether to pay appointment fees with respect to "non-producers." In the event Lincoln National determines to stop paying the appointment fees for any non-producer, AFD shall be given the option to pay such fees.
Appears in 4 contracts
Samples: The Principal Underwriting Agreement (Lincoln National Flexible Premium Life Account J), The Principal Underwriting Agreement (Lincoln National Flexible Premium Variable Life Account F), Principal Underwriting Agreement (Lincoln National Flexible Premium Variable Life Account F)
APPOINTMENT FEES. The Original Agreement in the last sentence of Section 5 provides that AFD will be responsible for all state insurance appointing fees and associated insurance license renewal fees incurred to enable members to sell the Policies Contracts ("appointment fees"). This sentence in Section 5 is hereby eliminated and it is agreed that Lincoln National will be responsible for any and all appointment fees as of September 1, 1997. Lincoln National will also assume the responsibility for deciding whether to pay appointment fees with respect to "non-producers." In the event Lincoln National determines to stop paying the appointment fees for any non-producer, AFD shall be given the option to pay such fees.
Appears in 3 contracts
Samples: Principal Underwriting Agreement (Lincoln National Variable Annuity Account H), Principal Underwriting Agreement (Lincoln National Variable Annuity Account H), Principal Underwriting Agreement (Lincoln National Variable Annuity Account E)
APPOINTMENT FEES. The Original Agreement in the last sentence of Section 5 provides that AFD will be responsible for all state insurance appointing fees and associated insurance license renewal fees incurred to enable members enable.members to sell the Policies ("appointment fees"). This sentence in Section 5 is hereby eliminated and it is agreed that Lincoln National will be responsible for any and all appointment fees as of September 1, 1997. Lincoln National will also assume the responsibility for deciding whether to pay appointment fees with respect to "non-producers." In the event Lincoln National determines to stop paying the appointment fees for any non-producer, AFD shall be given the option to pay such fees.
Appears in 1 contract
Samples: The Principal Underwriting Agreement (Lincoln National Flexible Premium Life Account J)
