Common use of General Disclosure Clause in Contracts

General Disclosure. i. A representation that the individual or entity has not and will not compensate any Third Party Sales Agent with respect to an investment or contract entered into by the SIO/CIC/SIC. ii. A representation that the SIO/CIC/SIC shall not be required to pay any fee to compensate any Third Party Sales Agent engaged, hired or retained by the individual or entity or provide any other economic benefit to any Third Party Sales Agent, directly or indirectly. iii. Provide the individual or entity’s policy (if any) and describe the practice regarding the offering of compensation in any form in connection with either the solicitation of prospective investments or contracts or the retention of existing investments or contracts. If no policy exists, a statement must be provided documenting that fact.

Appears in 1 contract

Sources: Acknowledgment, Consent and Disclosure Form

General Disclosure. i. A representation that the individual or entity has not and will not compensate any Third Party Sales Agent with respect to an investment or contract entered into by the SIO/CICPEIAC/SIC. ii. A representation that the SIO/CICPEIAC/SIC shall not be required to pay any fee to compensate any Third Party Sales Agent engaged, hired or retained by the individual or entity or provide any other economic benefit to any Third Party Sales Agent, directly or indirectly. iii. Provide the individual or entity’s policy (if any) and describe the practice regarding the offering of compensation in any form in connection with either the solicitation of prospective investments or contracts or the retention of existing investments or contracts. If no policy exists, a statement must be provided documenting that fact.

Appears in 1 contract

Sources: Acknowledgment, Consent and Disclosure Form