SUPERVISION OF REPRESENTATIVES. Broker-Dealer shall have full responsibility for the training and supervision of all Representatives associated with Broker-Dealer who are engaged directly or indirectly in the offer or sale of the Plans, and all such persons shall be subject to the control of Broker-Dealer with respect to such persons' securities-regulated activities in connection with the Plans. Broker-Dealer will cause the Representatives to be trained in the sale of the Plans: will use its best efforts to cause such Representatives to qualify under applicable federal and state laws to engage in the sale of the Plans; and will cause such Representatives to be registered representatives of Broker-Dealer before such Representatives engage in the solicitation of applications for the Plans; and will cause such Representatives to limit solicitation of applications for the Plans to jurisdictions where GIAC has authorized such solicitation. Broker-Dealer shall cause such Representatives' qualifications to be certified to the satisfaction of GISC and shall notify GISC if any Representative ceases to be a registered representative of Broker-Dealer.
SUPERVISION OF REPRESENTATIVES. Broker-Dealer shall have full responsibility for the training and supervision of all Representatives who are engaged directly or indirectly in the offer or sale of the Variable Contracts, and all such persons shall be subject to the control of Broker-Dealer with respect to such persons' securities regulated activities in connection with the Variable Contracts. Broker-Dealer will cause the Representatives to be trained in the sale of the Variable Contracts, will cause such Representatives to qualify under applicable federal and state laws to engage in the sale of the Variable Contracts; will cause such Representatives to be registered representatives of Broker-Dealer before such Representatives engage in the solicitation of applications for the Variable Contracts; and will cause such Representatives to limit solicitation of applications for the Variable Contracts to jurisdictions where Insurer has authorized such solicitation. Broker-Dealer shall cause such Representatives' qualifications to be certified to the satisfaction of General Distributor and shall notify General Distributor if any Representative ceases to be a registered representative of Broker-Dealer or ceases to maintain the proper licensing required for the sale of the Variable Contracts. All parties shall be liable for their own negligence and misconduct under this paragraph.
SUPERVISION OF REPRESENTATIVES. Broker/Dealer shall have full responsibility for the training and supervision of all Representatives associated with Broker/Dealer who are engaged directly or indirectly in the offer or sale of the Contracts and all such persons shall be subject to the control of Broker/Dealer with respect to such persons' securities-related activities in connection with the Contracts. Broker/Dealer will establish rules, procedures and supervisory and inspection techniques necessary to diligently supervise the activities of its Representatives. Producers will cause the Representatives to be trained in the sale of the Contracts; Producers warrant that Representatives qualify under applicable federal and state laws to engage in the sale of the Contracts; and Producers will cause such Representatives to be registered representatives of Broker/Dealer before such Representatives engage in the solicitation of applications for the Contracts in jurisdictions where AILIC has authorized such solicitation. Broker/Dealer has full responsibility in connection with the training, supervision and control of the Representatives as contemplated by Section 15(b)(4)(E) of the Securities Exchange Act of 1934 (the "1934 Act"). By submitting to AAGS or AILIC a registered representative for appointment, Broker/Dealer shall be deemed to have certified Representatives' qualifications including those set forth in Appendix II hereto. Upon request, Broker/Dealer shall confirm the foregoing by delivering a letter in the form of Appendix II hereto. Producers shall ensure that the Contracts are offered, sold and serviced only through Representatives who comply with all appropriate state insurance licensing requirements and solely in accordance with the Contract and the then current Prospectus relating thereto.
SUPERVISION OF REPRESENTATIVES. Clarendon shall coordinate the supervision of representatives appointed on behalf of Sun Life (U.S.) who are associated with broker-dealers in connection with the offering and sale of the Plans. Clarendon will establish such rules and procedures as may be necessary to insure proper supervision of the agents/registered representatives.
SUPERVISION OF REPRESENTATIVES a. BD shall have full responsibility for training and supervision of all Representatives associated with BD who are engaged directly or indirectly in the offer or sale of the Contracts and all such persons shall be subject to the control of BD with respect to such persons' activities in connection with the sale of the Contracts. BD shall comply with the administrative procedures of LBL and ALFS involving federal securities law and state insurance law. There should be a comparable Representative for the Associated Insurance Agency.
SUPERVISION OF REPRESENTATIVES. Broker-Dealer shall have full responsibility for the training and supervision of all Representatives associated with Broker-Dealer who are engaged directly or indirectly in the offer or sale of the Plans and all such persons shall be subject to the control of Broker-Dealer with respect to such persons' securities-regulated activities in connection with the Plans. Broker-Dealer will establish rules, procedures and supervisory and inspection techniques necessary to diligently supervise the activities of its Representatives. Producers will cause the Representatives to be trained in the sale of the Plans; will use their best efforts to cause such Representatives to qualify under applicable federal and state laws to engage in the sale of the Plans; and will cause such Representatives to be registered representatives of Broker-Dealer before such Representatives engage in the solicitation of applications for the Plans and will cause such Representatives to limit solicitation of applications for the Plans to jurisdictions where WRL has authorized such solicitation. Broker-Dealer has full responsibility in connection with the training, supervision and control of the Representatives as contemplated by Section 15(b)(4)(E) of the Securities Exchange Act of 1934. Broker-Dealer shall certify Representatives' qualifications to the satisfaction of AFSG Securities Corporation, including certifying a General Letter of Recommendation set forth in Exhibit A hereto. Producers shall ensure that the Plans are offered, sold and serviced only through Representatives who comply with all appropriate state insurance licensing requirements. Administrative Xxxxxx X.X. Xxx 0000 x Xxxxxxxxxx Xxxxxxx 00000-0000 Home Office Columbus, OH
SUPERVISION OF REPRESENTATIVES a. To the extent the Company and LFD and their representatives assist Broker-Dealer and the Representatives in preparation for the sale of the Policies, such assistance shall be subject to Section 14(d) hereof, the Company and LFD shall have full responsibility for the training and supervision of their respective representatives, and such representatives will be qualified under applicable federal and state law. The Company's and LFD's representatives may receive compensation for such assistance in addition to the compensation paid by the Company to Broker-Dealer or Agency as provided in Schedule A1/B1.
SUPERVISION OF REPRESENTATIVES. (a) To the extent the Principal Distributor and its representatives assist Broker-Dealer and its representatives in the sale of the Policies, the Principal Distributor shall have full responsibility for the training and supervision of its representatives, and such representatives will be qualified under applicable federal and state law.
SUPERVISION OF REPRESENTATIVES. BD shall have full responsibility for training and supervision of all Representatives associated with BD who are engaged directly or indirectly in the offer or sale of the Contracts and all such persons shall be subject to the control of BD with respect to such persons' activities in connection with the sale of the Contracts. BD shall comply with the administrative procedures of LBL and LBFS involving federal securities law and state insurance law. Before Representatives engage in the solicitation of applications for the Contracts, BD will cause (1) the Representatives to be registered representatives of BD; (2) the Representatives to qualify under applicable federal and state laws to engage in the sale of the Contracts; (3) the Representatives to be trained in the sale of the Contracts; and (4) such Representatives to limit solicitation of applications for the Contracts to jurisdictions where LBL has authorized such solicitation. BD is specifically charged with the responsibility of supervising and reviewing its Representatives' use of sales literature and advertising and including the delivery of supplemental sales literature or other such materials, shall occur, be delivered to, or used with a prospective purchaser unless accompanied or preceded by appropriate then current prospectus(es). In the event a Representative fails to meet the BD's rules and standards, BD shall notify LBL and shall act to terminate the sales activities of such Representative relating to the Contracts. Upon request by LBL, BD shall furnish appropriate records or other documentation to evidence BD's diligent supervision.
SUPERVISION OF REPRESENTATIVES. Broker-Dealer shall have full responsibility for the training and supervision of all Representatives associated with Broker-Dealer who are engaged directly or indirectly in the offer or sale of the Insurance Securities, and all such persons shall be subject to the control of and supervision of Broker-Dealer with respect to such persons' securities regulated activities, and to the control of Broker-Dealer or its appropriate licensed insurance agency subsidiary with respect to such person's insurance regulated activities, in connection with the solicitation and sale of and other communication with respect to the Policies. Broker-Dealer will cause the Representatives to be trained in the sale of the Insurance Securities; will insure that such Representatives qualify under applicable federal and state laws to engage in the sale of the Insurance Securities; will cause such Representatives to be registered representatives of Broker-Dealer before such Representatives engage in the solicitation of applications for the Insurance Securities; and will cause such Representatives to limit solicitation of applications for the Policies issued by the Company to jurisdictions where the Company has authorized such solicitation. Broker-Dealer shall cause such Representatives' qualifications to be certified to the satisfaction of CFA and shall notify CFA if any Representative ceases to be a registered representative of Broker-Dealer or ceases to maintain the proper licensing required for the sale of any of the Policies. Each party shall be liable for its own negligence and misconduct hereunder.
