Master General Agent definition

Master General Agent means ABI, NCM and any other Agent that has entered into a Master General Agent Contract with NFL or FLICA. The definition of “Obligor” is deleted in its entirety and the following is substituted in lieu thereof:
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Master General Agent or "MGA" is the party to this Agreement which Company desires to have recruit Affiliates, General Agents and Producers, as defined herein.
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Master General Agent means NCM and any other Agent that has entered into a Master General Agent Contract with NFL or FLICA.
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Examples of Master General Agent in a sentence

  • In all cases, the amount of commission described above is the total compensation available for distribution from Company, or any of its subsidiaries, affiliates, or other related entities owned or controlled by American Express Company, whether under this Agreement or under any other agreement between or among Company, Master General Agent, or any other party.

  • A General Agent can be categorized in any one of three levels, General Agent (GA), Super General Agent (SGA) or Master General Agent (MGA).

  • A person having a Public Relations Manager, Supervising Agent, General Agent, Master General Agent, Regional General Agent or Provincial General Agent contract with the Company has such authority and is not a member of the bargaining unit.

  • This Contract becomes effective on the date it is accepted by the Master General Agent.

  • Subject to Condition D above, Supplemental Trail Commission will be paid to the Master General Agent for as long as each Eligible Contract continues to remain an Eligible Contract as herein defined, and for as long as the Master General Agent continues to be licensed as an insurance agency and appointed with Company.

  • At any time either You or the Master General Agent may terminate this Contract without Cause by giving one hundred twenty (120) days notice in writing sent to the last known address of the other.

  • If Master General Agent is a corporation, partnership or other legal entity, each and every individual who signs this Contract for Master General Agent jointly and severally guarantees the performance of all the obligations hereunder.

  • You are responsible for the payment to the Company of all monies which (a) you or your agents collect on the Company's behalf; (b) are due the Company because of compensation paid to you or your agents upon refund, return or noncollection of premiums, and will keep on file with the Company, a Promissory Note Guaranty and Security Agreement, which forms a part of this Master General Agent Agreement; (c) are advanced or paid to you or your agents which are not due you or your agents under this Agreement.

  • This National Marketer's Contract and all supplements, amendments, and schedules attached are referred to as the or this Contract and is entered into between You and the Master General Agent in consideration for the mutual agreement set forth herein.

  • This Contract contains the entire agreement between You and the Master General Agent.


More Definitions of Master General Agent

Master General Agent s Broker") dated June 1, 1998 ("Agreement"). This Addendum is effective June 1, 1998. The Products to be offered through the Master General Agent are Flexible Premium Variable Annuities (AEL Personal Portfolio Plus) and they are to be offered only in the Territories shown on Exhibit A. This Addendum shows the three options for compensation available to this Master General Agent and Master General Agent's Broker. COMMISSION ----------------------- --------------------- -------------------- --------------------- AGE OPTION I OPTION II OPTION III Up to 75 6.0% 5.0% 5.0% ----------------------- --------------------- -------------------- --------------------- ----------------------- --------------------- -------------------- --------------------- 76-85 3.0% 2.5% 2.5% ----------------------- --------------------- -------------------- --------------------- SUPPLEMENTAL TRAIL COMMISSION (Applicable to Options II and III only) ------------------------------------ ------------- ----------------------------- ---------------------------- OPTION I OPTION II OPTION III ------------- ----------------------------- ---------------------------- ------------- -------------- -------------- -------------- -------------- QTRLY ANNUAL QTRLY ANNUAL ------------------------------------ ------------- -------------- -------------- -------------- -------------- Trail rate where contract in N/A 3.75bp 15bp 2.5bp 10bp surrender charge period ------------------------------------ ------------- -------------- -------------- -------------- -------------- ------------------------------------ ------------- -------------- -------------- -------------- -------------- Trail rate where contract outside N/A 8.75bp 35bp 12.5bp 50bp surrender charge period ------------------------------------ ------------- -------------- -------------- -------------- -------------- The Master General Agent selects Option ________________________ (Choose only one option. This same option will apply to any and all ------------------------- Affiliates.)
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