APPOINTMENT FEES. The Original Agreement in the last sentence of Section 5 provides that AFD will be responsible for all state insurance appointing fees and associated insurance license renewal fees incurred to enable members to sell the Policies ("appointment fees"). This sentence in Section 5 is hereby eliminated and it is agreed that Lincoln National will be responsible for any and all appointment fees as of September 1, 1997. Lincoln National will also assume the responsibility for deciding whether to pay appointment fees with respect to "non-producers." In the event Lincoln National determines to stop paying the appointment fees for any non-producer, AFD shall be given the option to pay such fees.
APPOINTMENT FEES. The Company will pay the initial and renewal fees for agent appointments by the Company of duly licensed Wholesaler Agency Affiliates and Broker-Dealers and their respective Associated Persons; provided, however, (a) that if total Aggregate Annual Sales of the Contracts, as described in Section 21.a., do not exceed $60 million during any calendar year beginning after December 31, 1997, the Wholesaler will reimburse the Company for the total amount of initial or renewal fees paid by the Company during such calendar year(s), and (b) that the Company reserves the right to refuse to pay renewal fees for Representatives not meeting such minimal sales as may be agreed upon from time to time. For purposes of (b) above, the minimal sales target for Representatives shall be $25,000 per calendar year, unless the parties hereto mutually agree on a different sales target for a calendar year. Notwithstanding Clause (a) above, in calculating the amount of agent fee reimbursements, if an agent solicited products of the Company in addition to the Contracts described in this Agreement, the reimbursement otherwise required under Clause (a) will be pro-rated, as described below: The otherwise reimbursable amount shall be multiplied by a fraction, the numerator of which is the number of Xxxxxx products covered by this Agreement on the date of determination (two as of the effective date of this Agreement) and the denominator of which is the aggregate number of products of the Company and its insurance affiliates being solicited by the agent on the date of determination.
APPOINTMENT FEES. The Company will pay the initial and renewal fees for agent appointment by the Company of duly licensed Distributor Agency Affiliates and Broker-Dealers and their respective Associated Persons, as follows:
(i) that if total annual sales of the Contracts exceed $60,000,000 during any calendar year beginning January 1, 1997, the Company will pay up to $600,000 of appointment fees; provided, however, if sales do not meet this goal, the Distributor will reimburse the Company for all appointment fees paid during the calendar year.
(ii) if total sales of contracts exceed $100,000,000 during any calendar year, the Company will pay up to $1,300,000 of appointment fees. If sales do not meet this goal but do exceed $60,000,000, the Distributor will reimburse the Company for all appointment fees paid during the calendar year over $600,000.
(iii) The Distributor will reimburse the Company for all appointment fees over $1,3000,000 during any calendar year, unless prior agreement is made with the Company. The Company reserves the right to refuse to pay renewal fees for individuals not meeting such minimal sales as may be agreed upon from time to time.
APPOINTMENT FEES. If an AGENCY or AGENT appointment from CARRIERS is required by law or regulation, the AGENCY or AGENT shall pay for all applicable appointment fees and taxes in regard to such appointment, in any applicable state, upon acceptance of appointment by MGA.
APPOINTMENT FEES. The Company will pay the initial and renewal fees for agent appointment by the Company of duly licensed Distributor Agency Affiliates and Broker-Dealers and their respective Associated Persons; provided, however, (a) that if total annual sales of the Contracts do not exceed $20 million during any calendar year beginning after December 31, 1996, the Distributor will reimburse the Company for the total amount of initial or renewal fees paid by the Company during such calendar year(s), and (b) that the Company reserves the right to refuse to pay renewal fees for individuals not meeting such minimal sales as may be agreed upon from time to time.
APPOINTMENT FEES. All statutory or administratively required Agent or Agency appointment fees will be paid by MGA, in any applicable state, upon acceptance of appointment by MGA.
APPOINTMENT FEES. All Florida statutory or administratively required Agent or Agency appointment fees will be paid by MGA, upon acceptance of appointment by MGA.
APPOINTMENT FEES. Each therapy appointment is scheduled for an hour block of time and typically lasts anywhere between 45 and 55 minutes. My appointment fee is $130 and is billable to insurance. I have limited spots available for reduced fee. Please let me know if you are interested in applying for one of these spots and if I have any available we can discuss whether you may qualify for one. Telehealth Services Appointments usually take place in person but at client request can take place through video conferencing or phone call (referred to as “telehealth”). Services provided through telehealth may or may not be billable to insurance, depending on your plan. You should check with you insurance provider to see if telehealth services are covered under your plan if you plan to use insurance to cover these fees. I don’t typically charge for brief phone conversations lasting 15 minutes or less. However, if the phone call extends past 15 minutes, you may be be billed for the entirety of the phone call at my current hourly rate, prorated to the nearest 15 minutes. If you are using insurance, please note that depending on your plan, this may not be covered and in that case you would need to pay out of pocket.
APPOINTMENT FEES. In consideration for the Appointment:
(a) Distributor agrees to the Initial Order from the Supplier.
(b) Distributor will pay Supplier a fee of $1,800,000 due and payable by the issuance to Supplier of 7,200,000 common shares of Distributor at a price of $0.25 per share. (the “Consideration”).
(c) All common shares of Distributor issued to Supplier in accordance with the terms of this Agreement will be subject to the standard 3-year escrow provisions set out in National Instrument 46-201 for emerging public companies, with such escrow provisions to apply whether the common shares of the Distributor are listed by way of an initial public offering or through any other transaction, including, but not limited to, a reverse take-over transaction. For this purpose, the Supplier agrees that it will enter into an escrow agreement at the request of the Distributor.
(d) Distributor will pay applicable GST on the Consideration to the Supplier for the grant of the License under this Agreement. Supplier may elect to pay such amount owing to the Distributor after it has received the applicable tax credit from the appropriate government entity, but in any event, in cash to the Supplier by March 15, 2018.
(e) On or prior to the Effective Date, Supplier will provide a completed form FIN 490 Certificate of Exemption (or an equivalent form) to Supplier indicating that the grant of the License under this Agreement is exempt from provincial sales tax.
APPOINTMENT FEES. Company shall pay, or arrange for the Product issuer to pay, the fees for Broker-Dealer's and Representative's appointment with the state insurance department.
