Common use of NOTICE OF REPRESENTATIVE'S NONCOMPLIANCE Clause in Contracts

NOTICE OF REPRESENTATIVE'S NONCOMPLIANCE. In the event a Representative fails or refuses to submit to the supervision of the Distributor, ceases to be a Representative of the Distributor, or fails to meet the rules and standards imposed by the Distributor on its Representatives, the Distributor shall communicate such fact to the ING Insurers and ING Broker-Dealer in writing immediately, and shall immediately notify such Representative that he or she is no longer authorized to sell the Contracts.

Appears in 4 contracts

Samples: Master Sales and Supervisory Agreement Life Insurance (Security Life Separate Account L1), Master Sales and Supervisory Agreement Life Insurance (Security Life Separate Account L1), Master Sales and Supervisory Agreement Life Insurance (Security Life Separate Account L1)

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