Common use of Character of Compensation Clause in Contracts

Character of Compensation. Product Distributor represents and warrants that it will use the compensation paid to it by GEID under this Agreement for Sales Services or a combination of Sales Services and Investor Services and will not use such compensation to finance activities primarily intended to result in the sale of Contracts or Policies.

Appears in 20 contracts

Samples: Agreement (Separate Account a of Pacific Life & Annuity Co), Agreement (Separate Account a of Pacific Life & Annuity Co), Agreement (Separate Account a of Pacific Life Insurance Co)

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