Common use of Registered Representatives Clause in Contracts

Registered Representatives. If I am associated with the Company as a Representative, I will be treated as an independent contractor and not as an employee for federal tax purposes and will be personally responsible for (i) paying all employment-related federal, state and local taxes (including, but not limited to, federal Self-Employment Contribution Act taxes) as well as income taxes imposed on compensation received pursuant to this Agreement, (ii) making all required deposits of such taxes, and (iii) filing all appropriate tax returns and information reports related to such taxes.

Appears in 2 contracts

Sources: Associate's Agreement (First Investors SGL P&pp Plans for First Inve Global Fund In), Associate's Agreement (First Investors Life Level Premium Variable Lif Ins Sep Ac B)