Common use of Compensation on sales of the Contracts Clause in Contracts

Compensation on sales of the Contracts. i. A broker or advisor may choose to accept dealer concessions on Purchase Payments within the first year of inception of the Contract in connection with Options 1, 3, 4 or 5. If this option is utilized, for sales of Contracts that are accepted by us and for which you are responsible you will be paid dealer concessions on all Purchase Payments within the first year of inception of the Contract, as follows: Concession as a percentage of Purchase Payment Option 1 Option 2 Option 3 Option 4 Option 5 Option 6 Option 7 Option 8 1.00% N/A 1.00% 0.75% 0.50% N/A N/A N/A

Appears in 18 contracts

Samples: Principal Underwriting Agreement (Amcap Fund), Principal Underwriting Agreement (Investment Co of America), Principal Underwriting Agreement (American Funds Emerging Markets Bond Fund)

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Compensation on sales of the Contracts. i. (i) A broker or advisor may choose to accept dealer concessions on Purchase Payments within the first year of inception of the Contract in connection with Options 1, 3, 4 or 5. If this option is utilized, for sales of Contracts that are accepted by us and for which you are responsible you will be paid dealer concessions on all Purchase Payments within the first year of inception of the Contract, as follows: Concession as a percentage of Purchase Payment Option 1 Option 2 Option 3 Option 4 Option 5 Option 6 Option 7 Option 8 1.00% N/A 1.00% 0.75% 0.50% N/A N/A N/A

Appears in 2 contracts

Samples: Principal Underwriting Agreement (New Economy Fund), Europacific Growth Fund

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