Compensation to Broker. For its services hereunder and under the Variable Products Agreement, CG shall pay Broker ONE HUNDRED THIRTY FIVE THOUSAND DOLLARS ($135,000) per year, payable in equal quarterly installments of $33,750, in arrears, within thirty days after the end of each calendar quarter. The quarterly installment shall be prorated for any period less than a full calendar quarter, based on the number of days in the quarter that this Agreement and the Variable Products Agreement were in effect.
Appears in 1 contract
Sources: Distribution Services Agreement (Cg Variable Life Insurance Separate Account A)
Compensation to Broker. For its services hereunder and under the Variable Products Agreement, CG shall pay Broker ONE HUNDRED THIRTY FIVE THOUSAND DOLLARS ($135,000) per year, payable in equal quarterly installments of $33,750, in arrears, within thirty days after the end of each calendar quarter. The quarterly installment shall be prorated for any period less than a full calendar quarter, based on the number of days in the quarter that this Agreement and the Variable Products Agreement were agreement was in effect.
Appears in 1 contract
Sources: Distribution Services Agreement (Cg Corporate Insurance Variable Life Separate Account 2)