Common use of Registered Representatives Clause in Contracts

Registered Representatives. Continued solicitation for the Contracts shall be contingent upon the continuing qualification of the Registered Representatives by possession of the required licenses, appointments, and registrations. Broker/Dealer shall notify Distributor immediately in writing if any Registered Representative appointed by Insurer ceases to be a registered representative of Broker/Dealer or ceases to be properly licensed in any state.

Appears in 2 contracts

Sources: Selling Agreement (Jackson National Separate Account Iv), Selling Agreement (Jnlny Separate Account Iv)