Authority to Recommend Agent Appointments. The General Agent is vested under this Agreement with power and authority to select and recommend individuals who are associated with the General Agent and are registered representatives of the Broker-Dealer for appointment as agents of Equitable, and only individuals so recommended by the General Agent to the Distributor shall be eligible to become Agents, provided that the number of Agents with appointments in effect under this Agreement shall not at any time exceed five. Equitable reserves the right in its sole discretion to refuse to appoint any proposed agent or, once appointed, to terminate the same at any time with or without cause.
Appears in 4 contracts
Samples: Broker Dealer and General Agent (Separate Account Fp of Equitable Variable Life Insurance Co), Broker Dealer and General Agent (Separate Account Fp of Equitable Variable Life Insurance Co), Broker Dealer and General Agent (Separate Account Fp of Equitable Variable Life Insurance Co)
Authority to Recommend Agent Appointments. The General Agent is vested under this Agreement with power and authority to select and recommend individuals who are associated with the General Agent and are registered representatives of the Broker-Dealer for appointment as agents of AXA Equitable, and only individuals so recommended by the General Agent to the Distributor shall be eligible to become Agents, provided that the number of Agents with appointments in effect under this Agreement shall not at any time exceed five. AXA Equitable reserves the right in its sole discretion to refuse to appoint any proposed agent or, once appointed, to terminate the same at any time with or without cause.
Appears in 3 contracts
Samples: Broker Dealer and General Agent (Separate Account a of Axa Equitable Life Insurance Co), Broker Dealer and General Agent (Axa Equitable Life Insurance Co), Broker Dealer and General Agent (Axa Equitable Life Insurance Co)
Authority to Recommend Agent Appointments. The General Agent is vested under this Agreement with power and authority to select and recommend individuals who are associated with the General Agent and are registered representatives of the Broker-Dealer for appointment as agents of EquitableLife Company, and only individuals so recommended by the General Agent to the Distributor shall be eligible to become Agents, provided that the number of Agents with appointments in effect under this Agreement shall not at any time exceed five. Equitable Life Company reserves the right in its sole discretion to refuse to appoint any proposed agent or, once appointed, to terminate the same at any time with or without cause.
Appears in 3 contracts
Samples: Selling Agreement (Metlife Investors Variable Life Account One), Selling Agreement (Metlife Investors Variable Life Account One), Selling Agreement (Metlife Investors Variable Life Account Five)
Authority to Recommend Agent Appointments. The General Agent is vested under __________________________________________ this Agreement with power and authority to select and recommend individuals who are associated with the General Agent and are registered representatives of the Broker-Dealer for appointment as agents of EquitableLife Company, and only individuals so recommended by the General Agent to the Distributor shall be eligible to become Agents, provided that the number of Agents with appointments in effect under this Agreement shall not at any time exceed five. Equitable Life Company reserves the right in its sole discretion to refuse to appoint any proposed agent or, once appointed, to terminate the same at any time with or without cause.
Appears in 2 contracts
Samples: Selling Agreement (Metlife Investors Variable Annuity Account One), Selling Agreement (First Metlife Investors Variable Annuity Account One)
Authority to Recommend Agent Appointments. The General Agent is vested under this Agreement with power and authority to select and recommend individuals who are associated with the General Agent and are registered representatives of the Broker-Dealer for appointment as agents of Equitable, and only individuals so recommended by the General Agent to the Distributor shall be eligible to become Agents, provided that the number of Agents with appointments in effect under this Agreement shall not at any time exceed five. Equitable reserves the right in its sole discretion to refuse to appoint any proposed agent or, once appointed, to terminate the same at any time with or without cause.
Appears in 2 contracts
Samples: Broker Dealer and General Agent (Equitable America Variable Account No.70A), Sales Agreement (Separate Account No 45 of Equitable Life Assur Society of Us)
Authority to Recommend Agent Appointments. The General Agent is vested under this Agreement with power and authority to select and recommend individuals who are associated with the General Agent and are registered representatives of the Broker-Dealer for appointment as agents of EquitableEquitable Companies, and only individuals so recommended by the General Agent to the Distributor shall be eligible to become Agents, provided that each of the number of Agents with appointments in effect under this Agreement shall not at any time exceed five. Equitable Companies reserves the right in its sole discretion to refuse to appoint any proposed agent or, once appointed, to terminate the same at any time with or without cause.
Appears in 1 contract
Samples: Broker Dealer and General Agent (Equitable Financial Life Insurance Co of America)
