CHANGE OF DEALER. A Contract Owner shall have the right to designate a new marketing organization, or terminate a marketing organization without designating a replacement, by sending written notice of such designation or termination to SDI. Upon written notice to SDI by the Owner of the designation of a new marketing organization, all the commissions and asset-based commissions shall be payable to the new marketing organization. Upon written notice to SDI by the Contract Owner of termination of Marketing Organization, without designating a new marketing organization, SDI shall cease paying commissions and asset based commissions to Marketing Organization.
Appears in 4 contracts
Samples: Marketing Organization Agreement (Variable Annuity Account B), Commission Schedule (Variable Annuity Account A), Marketing Organization Agreement (Variable Annuity Account B)
CHANGE OF DEALER. A Contract Owner shall have the right to designate a new marketing organization, or terminate a marketing organization without designating a replacement, by sending written notice of such designation or termination to SDI. Upon written notice to SDI by the Owner owner of the designation of a new marketing organization, all the commissions and asset-based commissions shall be payable to the new marketing organization. Upon written notice to SDI by the Contract Owner of termination of Marketing Organization, without designating a new marketing organization, SDI shall cease paying commissions and asset based commissions to Marketing Organization.
Appears in 3 contracts
Samples: Marketing Organization Agreement (Variable Annuity Account A), Marketing Organization Agreement (Variable Annuity Account A), Marketing Organization Agreement (Variable Annuity Account A)
CHANGE OF DEALER. A Contract Owner shall have the right to designate a new marketing organization, or terminate a marketing organization without designating a replacement, by sending written notice of such designation or termination to SDI. Upon written notice to SDI by the Owner of the designation of a new marketing organization, all the commissions and asset-based commissions shall be payable to the new marketing organization. Upon written notice to SDI by the Contract Owner of termination of Marketing Organization, without designating a new marketing organization, SDI shall cease paying commissions and asset based commissions to Marketing Organization.
Appears in 2 contracts
Samples: Marketing Organization Agreement (SBL Variable Annuity Account Xiv), Marketing Organization Agreement (Variable Annuity Account A)
CHANGE OF DEALER. A Contract Owner shall have the right to designate a new marketing organization, or terminate a marketing organization without designating a replacement, by sending written notice of such designation or termination to SDISDL. Upon written notice to SDI SDL by the Owner of the designation of a new marketing organization, all the commissions and asset-based commissions shall be payable to the new marketing organization. Upon written notice to SDI SDL by the Contract Owner of termination of Marketing Organization, without designating a new marketing organization, SDI SDL shall cease paying commissions and asset asset-based commissions to Marketing Organization.
Appears in 1 contract
Samples: Marketing Organization Agreement (Variable Annuity Account B)
