Distribution Agreements. Clarendon will distribute the Plans pursuant to one of four different standard types of agreements with financial intermediaries (collectively referred to as "Distribution Agreements"). Copies of the Distribution Agreements are attached as Exhibits B, C, D and E, respectively. Clarendon, or SDC on its behalf, shall negotiate all Distribution Agreements, subject to approval by Sun Life (U.S.); provided that all such Distribution Agreements shall be substantially in the form of the Distribution Agreements attached as Exhibits B, C, D and E, respectively unless otherwise agreed by Sun Life (U.S.). No Commission Schedule attached to any Distribution Agreement may provide for commission payments in excess of specified maximums established from time to time by Sun Life (U.S.). Clarendon shall retain copies of all executed Distribution Agreements and all correspondence, memoranda and other documents relating to the Distribution Agreements.
Appears in 5 contracts
Sources: Marketing Coordination Agreement (Sun Life of Canada U S Variable Account I), Marketing Coordination Agreement (Sun Life of Canada U S Variable Account I), Marketing Coordination Agreement (Sun Life of Canada U S Variable Account I)