General Agent. expressly covenants and agrees that after termination of this Agreement, for any reason, he/she shall not for a period of one year thereafter, nor shall he/she assist, encourage or induce others to do, any of the following things: induce, or attempt to induce, any of the Contract owners to whom he/she or any Registered Representative in his/her General Agency was assigned while this Agreement was in effect, to cancel, lapse, or surrender their contracts with LBVIP.
Appears in 2 contracts
Sources: General Agent's Agreement (Lbvip Variable Insurance Account), General Agent's Agreement (Lbvip Variable Annuity Account I)
General Agent. expressly covenants and agrees that after termination of this Agreement, for any reason, he/she shall not for a period of one year thereafter, nor shall he/she assist, encourage or induce others to do, any of the following things: induce, or attempt to induce, any of the Contract owners to whom he/she or any Registered Representative in his/her General Agency was assigned while this Agreement was in effect, to cancel, lapse, or surrender their contracts with LBVIPthe Companies.
Appears in 1 contract
Sources: General Agent's Agreement (Lb Variable Insurance Account I)