GISC definition
Examples of GISC in a sentence
Broker-Dealer shall assist GISC in the appointment of Representatives under the applicable insurance laws to sell the Plans.
All such licensing/appointment papers should be submitted to GISC by Broker-Dealer.
Neither this Agreement nor any of its benefits may be assigned by Representative without the written consent of GIAC and GISC, and any assignment of this agreement, compensation or other benefits or obligations hereunder shall not be valid if made without such consent.
This Agreement may be terminated, without cause, by any party upon thirty (30) days prior written notice; and may be terminated, for cause, by any party immediately; and shall be terminated if GISC or Broker-Dealer shall cease to be registered Broker-Dealers under the Securities Exchange Act of 1934 and members of the NASD.
GIAC and GISC are independent contractors with respect to Broker-Dealer and to Representatives.
GIAC and GISC propose to have Broker-Dealer provide certain administrative services to facilitate solicitation for and sales of the Plans.
APPOINTMENT OF BROKER-DEALER -------------------------------------------------------------------------------- GIAC and GISC hereby appoint Broker-Dealer to supervise solicitations for and sales of the Plans and to provide certain administrative services to facilitate solicitations for and sales of the Plans.
GISC will provide Broker-Dealer with a copy of GIAC's current Dealer Concession and Commissions Schedule.
Broker-Dealer shall not print, publish or distribute any advertisement, circular or any document relating to the Plans or relating to GIAC unless such advertisement, circular or document shall have been approved in writing by GIAC or by GISC; and in the case of items within the scope of Section 111, sub-Paragraph 1, approved in writing by GISC, provided, however, that nothing herein shall prohibit Broker-Dealer from advertising life insurance and annuities in general or on a generic basis.
No sales promotion materials or any advertising relating to the Plans shall be used by Broker-Dealer unless the specific item has been approved in writing by GISC.