Common use of Distribution Responsibilities Clause in Contracts

Distribution Responsibilities. §2.1 Equitable Financial authorizes the Distributor to act, and the Distributor agrees to serve, as a principal underwriter and/or distributor of the Equitable Financial Products for and on behalf of Equitable Financial and, if applicable, the Separate Accounts with respect to such Products in all states and other jurisdictions in which the Products may legally be sold. During the term of this Agreement the Distributor agrees in turn that during such same period it will act exclusively for Equitable Financial or one of its affiliates and will not underwrite or distribute or contract to underwrite or distribute any other financial services products without the prior written consent of Equitable Financial in each instance.