CHARGEBACKS FOR WITHDRAWALS. The following commission chargebacks shall apply with respect to full or partial withdrawals (excluding withdrawals made pursuant to the Systematic Withdrawal Program that are within the 10% Free Withdrawal Privilege): o 100% of original commissions paid with respect to the amount of Purchase Payments up to the amount of the full or partial withdrawal of a Purchase Payment made during the first six months following its receipt; and o 50% of original commissions paid with respect to the amount of Purchase Payments up to the amount of the full or partial withdrawal of a Purchase Payment made during the next six months following its receipt.
Appears in 2 contracts
Samples: Master Marketing and Distribution Agreement (American General Life Insurance Co Separate Account D), Master Marketing and Distribution Agreement (American General Life Insurance Co Separate Account D)
CHARGEBACKS FOR WITHDRAWALS. The following commission chargebacks --------------------------- shall apply with respect to full or partial withdrawals (excluding withdrawals made pursuant to the Systematic Withdrawal Program that are within the 10% Free Withdrawal Privilege): o ); . 100% of original commissions paid with respect to the amount of Purchase Payments up to the amount of the full or partial withdrawal of a Purchase Payment made during the first six months following its receipt; and o . 50% of original commissions paid with respect to the amount of Purchase Payments up to the amount of the full or partial withdrawal of a Purchase Payment made during the next six months following its receipt.
Appears in 2 contracts
Samples: Master Marketing and Distribution Agreement (Agl Separate Account D), Master Marketing and Distribution Agreement (Agl Separate Account D)
