Assignment of Commissions. Career Agent agrees not to assign this Contract or any commission or other compensation payable under it without the prior written consent of Company, and no such assignment will be effective without such consent.
Assignment of Commissions. This Agreement is not assignable unless authorized in writing by the Company.
Assignment of Commissions. The executed Assignment of Commissions in the form of Exhibit "D"; and
Assignment of Commissions. 34 ARTICLE 10
Assignment of Commissions. X.X. Xxx 0000, Xxxxxxx, XX 00000-0000 Fax 0-000-000-0000 Agent Code No. FOR VALUE RECEIVED, the undersigned Assignor hereby transfers, sets over and assigns unto (TAX ID & SS# ) (an individual), (a corporation), (a partnership), (a sole proprietorship) of (address) an amount equal to percent of any and all commissions, renewal commissions, allowances fees and other funds (collectively referred to herein as ‘Commissions’) which may hereafter accrue in favor of the Assignor by virtue of the agency contract now in force between the Assignor and American General Life Insurance Company (the “Company”), it being under- stood and agreed that this assignment shall be subject to any present indebtedness or any which may hereafter accrue to be due and owing the Company. The Assignor hereby represents and warrants that said Commissions are not now assigned, and the Assignor hereby will forever warrant and defend his right to receive the same, this instrument to remain in full force and effect until same is released by the assignee by an instrument in writing furnished the Company. The Assignor hereby further represents and warrants to the Company: (a)(i) the assignment of commissions pursuant to this document will not have the effect of violating any anti-rebating or commission sharing restrictions under any applicable law or regulation; and
Assignment of Commissions. In exchange for access to Company programs and services, Producer agrees to assign eligible commissions earned to Company, subject to the following terms and conditions: This assignment only applies to commissions for Company business while this Agreement is in effect. Subject to use of commission to repay debit balances owed, Company shall retain no interest in or control of business sold by Producer. Company expressly acknowledges that this agreement in no way changes or affects the Producer’s status as “Producer of Record” for any business for which commissions have been assigned to Company. All earned commissions assigned to and received by Company are received on the Producer’s behalf and will promptly be paid out in its entirety to the Producer pursuant to the terms and conditions of this Producer Agreement, the commission structure and advance commission schedule between Company and the Producer. All commission payments will be made by Company or its delegate. Producer may, upon written notice to Company, opt out of receiving any advance commissions. Company will pay out to Producer all earned commissions. Company reserves the right to modify commission or advance commission agreements by providing advance written notice to Producer when possible. Company may not assign any Producer-earned commissions to any unaffiliated party without Producer’s express written consent. This assignment may be revoked by Producer upon 30 days’ written notice to Company and the Carrier. Once revoked, Producer will be entitled to receive commissions from Carriers so long as all debit balances with Company have been paid. Company does not impose a vesting schedule on Producer. Producer is immediately vested per Carrier’s requirements. Company will use reasonable efforts to provide vesting information from Carriers to Producer. Producer expressly acknowledges that advance commission from Company may result in debit balances being owed by Producer to Company. Producer understands that these debit balances are loans which are tied to Producer and must be repaid to Company. If Company determines that monthly commissions will not satisfy the debit balance within ten (10) months, Producer agrees that Company may use any earned commissions of Producer under other accounts with Company or any of its Carriers to offset the debit balance in any other account of the Producer. In the event of termination of the Producer Agreement, termination by any Carrier of its marketing of poli...
Assignment of Commissions. Are commissions to be assigned to a corporation or partnership? YES NO (If “Yes”, please complete and submit the “Absolute Assignment of Commissions” form (S-130-Attachement.(Rev. 022014))
Assignment of Commissions. In consideration for amounts to be received by Seller and Shareholders hereunder, Xxxxx, Xxxx and Xxxxxxx hereby assign to Purchasers, or their successors and assigns, any and all rights in first year commissions, renewals and other fees and commissions related to insurance business developed for corporations, business organizations, financial institutions, hospitals and not-for-profit organizations by the Seller, excluding JPL Personal Business (as such term is defined in the Xxxxx EBC Agreement).
Assignment of Commissions. Schaxxx xxx Tolbxxx xxxresent and warrant that all commissions, fees or other amounts due for business which each has written as an employee or agent of SCC or Merger Sub, and Schaxxx xxxresents and warrants that any other commissions, fees or other amounts attributable to persons other than Schaxxx xx Tolbxxx xxx are agents or employees of SCC or Merger Sub have been irrevocably assigned by Schaxxx, Xxxxxxx xx any such person to SCC or Merger Sub; provided, however, that commissions due on premiums earned, whether received or not, by Tolbxxx xxxor to December 31, 2000, shall be paid to him as the funds are received by Merger Sub.
Assignment of Commissions. Schaxxx xxx Tolbxxx xxx each other person who is entitled to commissions, fees or other amounts attributable to business written by any such person for business written on behalf of SCC or Merger Sub shall irrevocably assign the rights to such fees, commissions or other amounts to SCC or Merger Sub.
