Common use of Parties' Control of Business and Operations Clause in Contracts

Parties' Control of Business and Operations. The performance or receipt of services pursuant to this Agreement shall in no way impair the absolute control of the business and operations of each of the parties and their respective Affiliates by their own Board of Directors. In reliance on the representations set forth and in consideration of the undertakings described, the parties represented below do hereby contract and agree. “PRINCIPAL UNDERWRITER” BRIGHTHOUSE SECURITIES, LLC By Date Address: Brighthouse Securities, LLC 00000 Xxxxx Xxxxxxxxx Xxxxx Xxxx Xxxxxxxxx, XX 00000 Fax #: “BROKER DEALER” (Broker Firm) By Print Name & Title Date Address: Fax #: Enterprise Selling Agreement 9-16 EXHIBIT A Schedule of Variable Product and Compensation [TO BE INSERTED] EXHIBIT B Schedule of Fixed Product and Compensation [TO BE INSERTED] EXHIBIT C ASSOCIATED INSURANCE AGENCY The Broker/Dealer named below (“Broker”), having executed a Retail Sales Agreement (the “Agreement”) by and between Broker, and Brighthouse Securities, LLC (the “Company”) dated that, among other things, provides for sales of Company’s or its Affiliates’ Contracts through a designated associated insurance agency or agencies, hereby designates the associated insurance agency(s) (the “Associated Insurance Agency(s)”) named below as its Agency (as that term is defined in the Agreement) pursuant to Article III thereof. By signing this Exhibit C, each of Broker and the Associated Insurance Agency(s) hereby represents and warrants that each of the Associated Insurance Agency(s) is and will remain qualified to serve as an Agency in accordance with the terms of the Agreement. Each of the Associated Insurance Agency(s) hereby acknowledge that it has received a copy of the Agreement, that it has reviewed the Agreement and understands all of its terms, covenants and agreements, that it has had the opportunity to consult with counsel of choice relative thereto and that it agrees to be bound by and subject to the terms of the Agreement. Without limiting the foregoing, Broker-Dealer and Insurance Agent represent that they are in compliance with the terms and conditions of Xxxxxx & Xxxxxx (sub. nom. First of America Brokerage Service, Inc.) (avail. Sept. 28, 1995) issued by the Staff of the SEC with respect to the non-registration as a broker-dealer of an insurance agency associated with a registered broker-dealer. Broker-Dealer and Insurance Agent shall notify Distributor immediately in writing if Broker-Dealer and/or Insurance Agent fail to comply with any such terms and conditions and shall take such measures as may be necessary and as promptly as practicable under the circumstances to cure any such non-compliance. THIS AGREEMENT CONTAINS A BINDING ARBITRATION PROVISION THAT MAY BE ENFORCED BY THE PARTIES Broker/Dealer By: (Print Name & Title) Date: Tax ID: Associated Insurance Agency Name By: (Print Name & Title) Date: Tax ID: Associated Insurance Agency Name By: (Print Name & Title) Date: Tax ID: Associated Insurance Agency Name By: (Print Name & Title) Date: Tax ID:

Appears in 3 contracts

Samples: Sales Agreement (BRIGHTHOUSE LIFE INSURANCE Co), Sales Agreement (BRIGHTHOUSE LIFE INSURANCE Co OF NY), Sales Agreement (First Metlife Investors Insurance Co)

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Parties' Control of Business and Operations. The performance or receipt of services pursuant to this Agreement shall in no way impair the absolute control of the business and operations of each of the parties and their respective Affiliates by their own Board of Directors. Sales Agreement – 7-19 NY In reliance on the representations set forth and in consideration of the undertakings described, the parties represented below do hereby contract and agree. “PRINCIPAL UNDERWRITER” BRIGHTHOUSE SECURITIES, LLC By Date Address: Brighthouse Securities, LLC 00000 Xxxxx Xxxxxxxxx Xxxxx Xxxx XxxxxxxxxCharlotte, XX 00000 NC 28277 Fax #: “BROKER DEALER” (Broker Firm) By Print Name & Title Date Address: Fax #: Enterprise Selling Sales Agreement 9– 7-16 19 NY EXHIBIT A Schedule of Variable Product and Compensation [TO BE INSERTED] EXHIBIT B Schedule of Fixed Product and Compensation [TO BE INSERTED] EXHIBIT C ASSOCIATED INSURANCE AGENCY The Broker/Dealer named below (“Broker”), having executed a Retail Sales Agreement (the “Agreement”) by and between Broker, and Brighthouse Securities, LLC (the “Company”) dated that, among other things, provides for sales of Company’s or its Affiliates’ Contracts through a designated associated insurance agency or agencies, hereby designates the associated insurance agency(s) (the “Associated Insurance Agency(s)”) named below as its Agency (as that term is defined in the Agreement) pursuant to Article III thereof. By signing this Exhibit C, each of Broker and the Associated Insurance Agency(s) hereby represents and warrants that each of the Associated Insurance Agency(s) is and will remain qualified to serve as an Agency in accordance with the terms of the Agreement. Each of the Associated Insurance Agency(s) hereby acknowledge that it has received a copy of the Agreement, that it has reviewed the Agreement and understands all of its terms, covenants and agreements, that it has had the opportunity to consult with counsel of choice relative thereto and that it agrees to be bound by and subject to the terms of the Agreement. Without limiting the foregoing, Broker-Dealer and Insurance Agent represent that they are in compliance with the terms and conditions of Xxxxxx & Xxxxxx (sub. nom. First of America Brokerage Service, Inc.) (avail. Sept. 28, 1995) issued by the Staff of the SEC with respect to the non-registration as a broker-dealer of an insurance agency associated with a registered broker-dealer. Broker-Dealer and Insurance Agent shall notify Distributor Company immediately in writing if Broker-Dealer and/or Insurance Agent fail to comply with any such terms and conditions and shall take such measures as may be necessary and as promptly as practicable under the circumstances to cure any such non-compliance. THIS AGREEMENT CONTAINS A BINDING ARBITRATION PROVISION THAT MAY BE ENFORCED BY THE PARTIES Broker/Dealer Associated Insurance Agency Name By: By: (Print Name & Title) (Print Name & Title) Date: Date: Tax ID: Tax ID: Associated Insurance Agency Name Associated Insurance Agency Name By: By: (Print Name & Title) Date: Tax ID: Associated Insurance Agency Name By: (Print Name & Title) Date: Tax ID: Associated Insurance Agency Name By: (Print Name & Title) Date: Tax ID:

Appears in 2 contracts

Samples: Sales Agreement (New England Variable Life Separate Account), Sales Agreement (Brighthouse Separate Account A)

Parties' Control of Business and Operations. The performance or receipt of services pursuant to this Agreement shall in no way impair the absolute control of the business and operations of each of the parties and their respective Affiliates by their own Board of Directors. Enterprise Selling Agreement 5-17 In reliance on the representations set forth and in consideration of the undertakings described, the parties represented below do hereby contract and agree. “PRINCIPAL UNDERWRITER” BRIGHTHOUSE SECURITIES, LLC By Date Address: Brighthouse Securities, LLC 00000 11220 Xxxxx Xxxxxxxxx Xxxxx Xxxx Xxxxxxxxx, XX 00000 Fax Xxx #: “BROKER DEALER” (Broker Firm) By Print Name & Title Date Address: Fax #: Enterprise Selling Agreement 95-16 17 EXHIBIT A Schedule of Variable Product and Compensation [TO BE INSERTED] EXHIBIT B Schedule of Fixed Product and Compensation [TO BE INSERTED] EXHIBIT C ASSOCIATED INSURANCE AGENCY The Broker/Dealer named below (“Broker”), having executed a Retail Sales Agreement (the “Agreement”) by and between Broker, and Brighthouse Securities, LLC (the “Company”) dated that, among other things, provides for sales of Company’s or its Affiliates’ Contracts through a designated associated insurance agency or agencies, hereby designates the associated insurance agency(s) (the “Associated Insurance Agency(s)”) named below as its Agency (as that term is defined in the Agreement) pursuant to Article III thereof. By signing this Exhibit C, each of Broker and the Associated Insurance Agency(s) hereby represents and warrants that each of the Associated Insurance Agency(s) is and will remain qualified to serve as an Agency in accordance with the terms of the Agreement. Each of the Associated Insurance Agency(s) hereby acknowledge that it has received a copy of the Agreement, that it has reviewed the Agreement and understands all of its terms, covenants and agreements, that it has had the opportunity to consult with counsel of choice relative thereto and that it agrees to be bound by and subject to the terms of the Agreement. Without limiting the foregoing, Broker-Dealer and Insurance Agent represent that they are in compliance with the terms and conditions of Xxxxxx & Xxxxxx (sub. nom. First of America Brokerage Service, Inc.) (avail. Sept. 28, 1995) issued by the Staff of the SEC with respect to the non-registration as a broker-dealer of an insurance agency associated with a registered broker-dealer. Broker-Dealer and Insurance Agent shall notify Distributor Company immediately in writing if Broker-Dealer and/or Insurance Agent fail to comply with any such terms and conditions and shall take such measures as may be necessary and as promptly as practicable under the circumstances to cure any such non-compliance. THIS AGREEMENT CONTAINS A BINDING ARBITRATION PROVISION THAT MAY BE ENFORCED BY THE PARTIES Broker/Dealer By: (Print Name & Title) Date: Tax ID: Associated Insurance Agency Name By: (Print Name & Title) Date: Tax ID: Associated Insurance Agency Name By: (Print Name & Title) Date: Tax ID: Associated Insurance Agency Name By: (Print Name & Title) Date: Tax ID:

Appears in 1 contract

Samples: Sales Agreement (BRIGHTHOUSE LIFE INSURANCE Co OF NY)

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Parties' Control of Business and Operations. The performance or receipt of services pursuant to this Agreement shall in no way impair the absolute control of the business and operations of each of the parties and their respective Affiliates by their own Board of Directors. In reliance on the representations set forth and in consideration of the undertakings described, the parties represented below do hereby contract and agree. “PRINCIPAL UNDERWRITERCOMPANYBRIGHTHOUSE SECURITIES, LLC METLIFE INVESTORS DISTRIBUTION COMPANY (Distribution Company) By Xxxx Xxxxxxxxx - Senior Vice President Date Address: Brighthouse Securities, LLC 00000 0 Xxxx Xxxxx Xxxxxxxxx Xxxxx Xxxx Xxxxxxxxx0000 Xxxxxx, XX 00000 Fax #: 000-000-0000 “BROKER DEALER” (Broker Firm) By Print Name & Title Date Address: Fax #: Enterprise Selling Agreement 909-16 12 EXHIBIT A Schedule of Variable Product and Compensation SCHEDULE OF VARIABLE PRODUCT AND COMPENSATION [TO BE INSERTED] EXHIBIT B Schedule of Fixed Product and Compensation SCHEDULE OF FIXED PRODUCT AND COMPENSATION [TO BE INSERTED] EXHIBIT C ASSOCIATED INSURANCE AGENCY The Broker/Dealer named below (“Broker”), having executed a Retail Sales Agreement (the “Agreement”) by and between Broker, and Brighthouse Securities, LLC MetLife Investors Distribution Company (the “Company”) dated that, among other things, provides for sales of Company’s or its Affiliates’ Contracts through a designated associated insurance agency or agencies, hereby designates the associated insurance agency(s) (the “Associated Insurance Agency(s)”) named below as its Agency (as that term is defined in the Agreement) pursuant to Article III thereof. By signing this Exhibit C, each of Broker and the Associated Insurance Agency(s) hereby represents and warrants that each of the Associated Insurance Agency(s) is and will remain qualified to serve as an Agency in accordance with the terms of the Agreement. Each of the Associated Insurance Agency(s) hereby acknowledge that it has received a copy of the Agreement, that it has reviewed the Agreement and understands all of its terms, covenants and agreements, that it has had the opportunity to consult with counsel of choice relative thereto and that it agrees to be bound by and subject to the terms of the Agreement. Without limiting the foregoing, Broker-Dealer and Insurance Agent represent that they are in compliance with the terms and conditions of Xxxxxx & Xxxxxx (sub. nom. First of America Brokerage Service, Inc.) (avail. Sept. 28, 1995) issued by the Staff of the SEC with respect to the non-registration as a broker-dealer of an insurance agency associated with a registered broker-dealer. Broker-Dealer and Insurance Agent shall notify Distributor immediately in writing if Broker-Dealer and/or Insurance Agent fail to comply with any such terms and conditions and shall take such measures as may be necessary and as promptly as practicable under the circumstances to cure any such non-compliance. THIS AGREEMENT CONTAINS A BINDING ARBITRATION PROVISION THAT MAY BE ENFORCED BY THE PARTIES BrokerBROKER/Dealer DEALER ASSOCIATED INSURANCE AGENCY NAME By: By: (Print Name & Title) (Print Name & Title) Date: Date: Tax ID: Associated Insurance Agency Name Tax ID: ASSOCIATED INSURANCE AGENCY NAME ASSOCIATED INSURANCE AGENCY NAME By: By: (Print Name & Title) Date: Tax ID: Associated Insurance Agency Name By: (Print Name & Title) Date: Tax ID: Associated Insurance Agency Name By: (Print Name & Title) Date: Tax ID:

Appears in 1 contract

Samples: Sales Agreement (Metropolitan Life Insurance Co)

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