GROUP ANNUITY CONTRACTS. For purposes of this Agreement, a group annuity contract which has not been registered under the 1933 Act and which is to be issued in connection with a stock bonus, pension, or profit-sharing plan which meets the requirements for qualification under section 401 of the Internal Revenue Code (or in connection with another kind of plan specified in Section 3(a)(2) of the 1933 Act) ("Exempt Group Contract") shall be deemed to be an Insurance Contract, but a sale of an Exempt Group Contract by a Securities Agent shall be subject to any applicable NASD rules. Broker-Dealer shall supervise and maintain records with respect to such transactions as may be required by any applicable NASD rules.
Appears in 7 contracts
Samples: Selling Agreement (John Hancock Life Insurance Co (Usa) Separate Account H), Selling Agreement (Manufacturers Life Insurance Co Usa Separate Account H), Selling Agreement (John Hancock Life Insurance Co of New York Separate Account A)
GROUP ANNUITY CONTRACTS. For purposes of this Agreement, a group annuity contract which has not been registered under the 1933 Act and which is to be issued in connection with a stock bonus, pension, or profit-sharing plan which meets the requirements for qualification under section 401 of the Internal Revenue Code (or in connection with another kind of plan specified in Section 3(a)(2) of the 1933 Act) ("“Exempt Group Contract"”) shall be deemed to be an Insurance Contract, but a sale of an Exempt Group Contract by a Securities Agent shall be subject to any applicable NASD FINRA rules. Broker-Dealer shall supervise and maintain records with respect to such transactions as may be required by any applicable NASD FINRA rules.
Appears in 6 contracts
Samples: Agreement (John Hancock Life Insurance Co of New York Separate Account B), Agreement (John Hancock Life Insurance Co (Usa) Separate Account A), Agreement (John Hancock Life Insurance Co (Usa) Separate Account A)
GROUP ANNUITY CONTRACTS. For purposes of this Agreement, a group annuity contract which has not been registered under the 1933 Act and which is to be issued in connection with a stock bonus, pension, or profit-sharing plan which meets the requirements for qualification under section 401 of the Internal Revenue Code (or in connection with another kind of plan specified in Section 3(a)(2) of the 1933 Act) ("Exempt Group Contract") shall be deemed to be an Insurance Contract, but a sale of an Exempt Group Contract by a Securities Agent shall be subject to any applicable NASD rules. Broker-Dealer shall supervise and maintain records with respect to such transactions as may be required by any applicable NASD rules.
Appears in 4 contracts
Samples: Selling Agreement (Manufacturers Life Insurance Co Usa Separate Account H), Manufacturers Life Insurance Co Usa Separate Account A, Manufacturers Life Insurance Co Usa Separate Account H
GROUP ANNUITY CONTRACTS. For purposes of this Agreement, a group annuity contract which has not been registered under the 1933 Act and which is to be issued in connection with a stock bonus, pension, or profit-sharing plan which meets the requirements for qualification under section 401 of the Internal Revenue Code (or in connection with another kind of plan specified in Section 3(a)(2) of the 1933 Act) ("“Exempt Group Contract"”) shall be deemed to be an Insurance Contract, but a sale of an Exempt Group Contract by a Securities Agent shall be subject to any applicable NASD rules. Broker-Dealer shall supervise and maintain records with respect to such transactions as may be required by any applicable NASD rules.
Appears in 1 contract
Samples: Selling Agreement (John Hancock Life Insurance Co (Usa) Separate Account A)
