Common use of Appointment; Authorization Clause in Contracts

Appointment; Authorization. Pursuant to the authority delegated to it by the Company, Distributor hereby authorizes Broker-Dealer, and/or the Affiliates during the term of this Agreement, to solicit applications for Contracts. Additionally, the Company hereby appoints Broker-Dealer and/or its Affiliates during the term of this Agreement as a non-exclusive agent to solicit applications for Policies. Such Contracts and Policies are identified as Eligible Products in a List of Eligible Products that is identified as Schedule B, attached hereto and made a part hereof. Distributor or the Company may update or amend Schedule B, which will be effective upon notice to Broker-Dealer from the Company. It is agreed and understood by the parties that Distributor does not distribute nor act in any capacity with respect to Policies and the Broker-Dealer and its Affiliates, if any, shall have no arrangement with Distributor with respect to such Policies.

Appears in 6 contracts

Samples: Broker Dealer Selling Agreement (Pruco Life Variable Universal Account), Broker Dealer Selling Agreement (Pruco Life of New Jersey Variable Appreciable Account), Broker Dealer Selling Agreement (Pruco Life Variable Universal Account)

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