Common use of Selling Group Clause in Contracts

Selling Group. MMLIS may enter into sales agreements for the sale of the Contracts with independent broker-dealer firms (“Independent Brokers”) whose registered representatives have been or shall be licensed and appointed as life insurance agents of MassMutual. All such agreements shall be in a form agreed to by MassMutual. All such agreements shall provide that the Independent Brokers must assume full responsibility for continued compliance by itself and its associated persons with FINRA rules (the “Rules”) and all applicable federal and state securities and insurance laws. All associated persons of such Independent Brokers soliciting applications for the Contracts shall be duly and appropriately licensed and appointed for the sale of the Contracts under the Rules and applicable federal and state securities and insurance laws.

Appears in 2 contracts

Samples: Underwriting And (Massachusetts Mutual Variable Annuity Separate Account 4), Underwriting And (Massachusetts Mutual Variable Annuity Separate Account 4)

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Selling Group. MMLIS may enter into sales agreements for the sale of the Contracts with independent broker-dealer firms (“Independent Brokers”) whose registered representatives have been or shall be licensed and appointed as life insurance agents of MassMutualC.M. Life. All such agreements shall be in a form agreed to by MassMutualC.M. Life. All such agreements shall provide that the Independent Brokers must assume full responsibility for continued compliance by itself and its associated persons with FINRA rules (the “Rules”) and all applicable federal and state securities and insurance laws. All associated persons of such Independent Brokers soliciting applications for the Contracts shall be duly and appropriately licensed and appointed for the sale of the Contracts under the Rules and applicable federal and state securities and insurance laws.

Appears in 2 contracts

Samples: Underwriting And (C M Multi Account A), Underwriting And (C M Life Variable Life Separate Account I)

Selling Group. MMLIS may enter into sales agreements for the sale of the Contracts with independent broker-dealer firms ("Independent Brokers") whose registered representatives have been or shall be licensed and appointed as life insurance agents of MassMutualMML Bay State. All such agreements shall be in a form agreed to by MassMutualMML Bay State. All such agreements shall provide that the Independent Brokers must assume full responsibility for continued compliance by itself and its associated persons with FINRA rules (the "Rules") and all applicable federal and state securities and insurance laws. All associated persons of such Independent Brokers soliciting applications for the Contracts shall be duly and appropriately licensed and appointed for the sale of the Contracts under the Rules and applicable federal and state securities and insurance laws.

Appears in 1 contract

Samples: Underwriting And (MML Bay State Variable Life Separate Account I)

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Selling Group. MMLIS may enter into sales agreements for the sale of the Contracts with independent broker-dealer firms (“Independent Brokers”) whose registered representatives have been or shall be licensed and appointed as life insurance agents of MassMutualMML Bay State. All such agreements shall be in a form agreed to by MassMutualMML Bay State. All such agreements shall provide that the Independent Brokers must assume full responsibility for continued compliance by itself and its associated persons with FINRA rules (the “Rules”) and all applicable federal and state securities and insurance laws. All associated persons of such Independent Brokers soliciting applications for the Contracts shall be duly and appropriately licensed and appointed for the sale of the Contracts under the Rules and applicable federal and state securities and insurance laws.

Appears in 1 contract

Samples: Underwriting And (MML Bay State Variable Life Separate Account I)

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