Written Agreements. The parties acknowledge and agree that 1851 has or will have been joined as a party to the Cetera Selling Agreement effective as of the Effective Date. 1851 has authority, as and when instructed by FLIAC, to enter into written agreements with other broker-dealer firms whose registered representatives have been or shall be properly licensed under applicable federal and state laws and FINRA rules to sell registered insurance products, including variable annuity contracts and variable life policies, and appointed as life insurance agents of FLIAC. FLIAC shall pay all fees associated with the appointments of such selected representatives as insurance agents of FLIAC. Such agreements with broker-dealers shall provide that such broker-dealer shall cause applications to be solicited for the purchase of the New Contracts/Policies and/or shall provide servicing with respect to the Contracts/Policies (which agreement may be limited to the servicing of the Outstanding Contracts/Policies). Such agreements shall include such terms and conditions as 1851 may determine not inconsistent with this Agreement, provided, however, that any broker-dealer with whom 1851 enters into a written agreement must comply with the following terms which shall be included in all such agreements. The broker-dealer must:
Appears in 5 contracts
Samples: Principal Underwriting and Distribution Agreement (First Investors Life Variable Annuity Fund D), Principal Underwriting and Distribution Agreement (First Investors Life Separate Account E), Principal Underwriting and Distribution Agreement (First Investors Life Variable Annuity Fund C)
