COMMISSION REFUNDS. If a Contract owner rescinds a Contract or exercises the Contract's Right to Examine privilege (i.e., free-look), then Broker-Dealer will repay the appropriate Insurance Company the amount of any commissions received on the payments returned within 10 days of Broker-Dealer's receipt of a written request for repayment. BASIS OF COMPENSATION
Appears in 9 contracts
Samples: Sales Agreement (Separate Account Va-K of Allmerican Fn Lf Ins & an Co), Sales Agreement (Separate Account Kg of Allmerica Fin Life Ins & Annuity Co), Sales Agreement (Separate Account Va-P of Allmerica Fin Life Insur & Annu Co)
