Common use of Disciplinary Action and Termination Clause in Contracts

Disciplinary Action and Termination. Either party may terminate this Agreement at any time upon written notice sent to the last known address of the other party. In such event, the effective date of termination is the date notice was sent.

Appears in 3 contracts

Samples: Registered Representatives Agreement (Principal National Life Insurance Co Variable Life Separate Account), Registered Representative’s Agreement (Principal Life Insurance Co Variable Life Sep Account), Registered Representative’s Agreement (Principal Life Insurance Co Variable Life Sep Account)

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Disciplinary Action and Termination. Either This agreement may be terminated by either party may terminate this Agreement at any time upon three days written notice sent to the last known address of the other party. In such event, the effective date of termination is the date notice was sent.

Appears in 2 contracts

Samples: Registered Representative Agreement (Principal Life Insurance Co Variable Life Sep Account), Registered Representative Agreement (Principal Mutual Life Insurance Co Variable Life Sep Account)

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