Common use of Changes to Contracts Clause in Contracts

Changes to Contracts. Americom shall provide LMG with reasonable written notice of any intent to make significant changes or modifications to any Contract or Contract form for the Annuity and any other Product offered under this Agreement. Americom shall use reasonable efforts to provide LMG at least * (*) days’ notice of such changes or modifications and * (*) days’ notice for changes to the commission structure for Producers and Wholesalers. Although Americom will consider in good faith any changes suggested by LMG, Americom shall retain sole discretion to change or not change the Contract forms.

Appears in 2 contracts

Sources: Marketing Agreement, Marketing Agreement (Regan Holding Corp)