Insurance Agent Licensing. (a) Neither SCHWAB nor any of its employees shall engage in any activities that would require insurance agent licensing in the state or jurisdiction where such activities are performed, unless and until SCHWAB and its employees are properly licensed to perform such services in the particular state or other jurisdiction. As used herein, "properly licensed" includes the filing of an appointment by FIRST GREAT-WEST, SCHWAB and/or other person when required by the laws or regulations of the applicable state or jurisdiction.
Appears in 3 contracts
Samples: Distribution Agreement (Variable Annuity I Ser Acc of Fir GRT West Li & Annu Ins Co), Distribution Agreement (First Great West Life & Annuity Insurance Co), Distribution Agreement (First Great West Life & Annuity Insurance Co)
Insurance Agent Licensing. (a) Neither SCHWAB nor any of its employees shall engage in any activities that would require insurance agent licensing in the state or jurisdiction where such activities are performed, unless and until SCHWAB and its employees are properly licensed to perform such services in the particular state or other jurisdiction. As used herein, "properly licensed" includes the filing of an appointment by FIRST GREAT-WEST, SCHWAB and/or other person when required by the laws or regulations of the applicable state or jurisdiction.
Appears in 1 contract
Samples: Distribution Agreement (Great West Life & Annuity Insurance Co)
