Policies and Contracts definition
Examples of Policies and Contracts in a sentence
EquiTrust Marketing is hereby authorized to enter into separate written agreements, on such terms and conditions as EquiTrust Marketing may determine not inconsistent with this Agreement, with broker-dealers which agree to participate in the distribution of the Policies and Contracts and to use their best efforts to solicit applications for the Policies and Contracts.
EquiTrust Marketing agrees to use its best efforts to solicit applications for the Policies and Contracts, and to undertake to provide sales services relative to the Policies and Contracts and otherwise to perform all duties and functions which are necessary and proper for the distribution of the Policies and Contracts.
EquiTrust Marketing agrees to offer the Policies and Contracts for sale in accordance with the current prospectuses therefor.
All broker-dealers who agree to participate in the distribution of the Policies and Contracts shall act as independent contractors and nothing herein contained shall constitute such broker-dealers or their agents or employees as employees of ETLIC in connection with the sale of the Policies and Contracts.
ETLIC and the Accounts desire to have the Policies and Contracts sold and distributed through EquiTrust Marketing, and EquiTrust Marketing is willing to market and distribute such Policies and Contracts on a non-exclusive basis, under the terms stated herein.
Applications for the Policies and Contracts solicited by such organizations through their representatives shall be forwarded to ETLIC.
EquiTrust Marketing and ETLIC shall cooperate fully in the design, draft, and review of sales promotion materials and the preparation of individual sales proposals related to the sale of the Policies and Contracts.
ETLIC shall have responsibility for preparing, filing and printing all required prospectuses and/or registration statements in connection with the Policies and Contracts and the payment of all related expenses.
In addition, ETLIC will maintain records of all sales commissions paid to associated persons of EquiTrust Marketing in connection with the sale of the Policies and Contracts.
ETLIC acknowledges and agrees that its services in this regard are purely ministerial and clerical in nature and shall not interfere with the control and supervision exercised by EquiTrust Marketing over its associated persons with regard to the Policies and Contracts.