Common use of Previous Agreement Clause in Contracts

Previous Agreement. By execution of this Agreement, any prior agreement between the Company, Underwriter and the Broker or between Company and the signing principal(s) related specifically to the business transacted under this Agreement is terminated as of the effective date of this Agreement; but while this Agreement remains in force, any rights of Broker to receive compensation under the terms and conditions of the prior agreement are continued hereunder, and such earned compensation shall be payable at the rate, for the remainder of the period, and on the basis applicable as if that agreement remained in force.

Appears in 5 contracts

Samples: Great American (Great American Reserve Variable Annuity Account F), Selling Agreement (Conseco Variable Annuity Account H), Selling Agreement (Bma Variable Life Account A)

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Previous Agreement. By execution of this Agreement, any prior agreement agreement(s) between the Company, Underwriter and the Broker or between Company and the signing principal(s) related specifically to the business transacted under this Agreement is terminated as of the effective date of this Agreement; but while this Agreement remains in force, any rights of Broker to receive compensation under the terms and conditions of the prior agreement are continued hereunder, and such earned compensation shall be payable at the rate, for the remainder of the period, and on the basis applicable as if that agreement remained in force.

Appears in 2 contracts

Samples: Selling Group Agreement (Jefferson National Life Annuity Account C), Selling Agreement (Great American Reserve Insurance Co)

Previous Agreement. By execution of this Agreement, any prior agreement between the Company, Underwriter Underwriter, Broker and the Broker Insurance Agent or between Company and the signing principal(s) related specifically to the business transacted under this Agreement is terminated as of the effective date of this Agreement; but while this Agreement remains in force, any rights of Broker and Insurance Agent to receive compensation under the terms and conditions of the prior agreement are continued hereunder, and such earned compensation shall be payable at the rate, for the remainder of the period, and on the basis applicable as if that agreement remained in force.

Appears in 1 contract

Samples: Great American (Rydex Advisor Variable Annuity Account)

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Previous Agreement. By execution of this Agreement, any prior agreement between the Company, Underwriter Underwriter, Broker and the Broker Insurance Agent or between b e t w een Company and the signing principal(s) related specifically to the business transacted under this Agreement is terminated as of the effective date of this Agreement; but while this Agreement remains in force, any rights of Broker and Insurance Agent to receive compensation under the terms and conditions of the prior agreement are continued hereunder, and such earned compensation shall be payable at the rate, for the remainder of the period, and on the basis applicable as if that agreement remained in force.

Appears in 1 contract

Samples: Rydex Advisor Variable Annuity Account

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