Common use of Investigations of Broker or Representative Clause in Contracts

Investigations of Broker or Representative. Broker represents that neither it nor any of its Representatives is currently under investigation by any insurance regulator, the NASD or SEC, any other self-regulatory organization or other governmental authority (except for any investigations of which it has notified Company in writing). Broker further agrees that, if a formal or informal investigation of Broker or any of its Representatives is commenced by any insurance regulator, the NASD or SEC, any other self regulatory organization or other governmental authority, whether or not in connection with the sale of the Contracts, Broker shall notify Company of the existence and subject matter of such investigation. Broker shall further take all steps necessary to assure that no subagent of an Agency shall be appointed to solicit and procure Contracts if that subagent is prohibited by 18 U.S.C. (S) 1033(e) from engaging in the business of insurance. Broker further represents that it shall immediately notify Company in writing if it or any of its Representatives have any of their respective licenses, which are required under this Agreement for the solicitation, sale or provision of services to the Contracts, surrendered, removed, revoked, cancelled or suspended, whether voluntarily or involuntarily.

Investigations of Broker or Representative. Broker represents that neither it nor any of its Representatives is currently under investigation by any insurance regulator, the NASD or SEC, any other self-regulatory organization or other governmental authority (except for any investigations of which it has notified Company in writing). Broker further agrees that, if a formal or informal investigation of Broker or any of its Representatives is commenced by any insurance regulator, the NASD or SEC, any other self regulatory organization or other governmental authority, whether or not in connection with the sale of the Contracts, Broker shall notify Company of the existence and subject matter of such investigation. Broker shall further take all steps necessary to assure that no subagent of an Agency shall be appointed to solicit and procure Contracts if that subagent is prohibited by 18 U.S.C. (S) Section 1033(e) from engaging in the business of insurance. Broker further represents that it shall immediately notify Company in writing if it or any of its Representatives have any of their respective licenses, which are required under this Agreement for the solicitation, sale or provision of services to the Contracts, surrendered, removed, revoked, cancelled or suspended, whether voluntarily or involuntarily.

Investigations of Broker or Representative. Broker represents that ------------------------------------------ neither it nor any of its Representatives is currently under investigation by any insurance regulator, the NASD or SEC, any other self-regulatory organization or other governmental authority (except for any investigations of which it has notified Company in writing). Broker further agrees that, if a formal or informal investigation of Broker or any of its Representatives is commenced by any insurance regulator, the NASD or SEC, any other self regulatory organization or other governmental authority, whether or not in connection with the sale of the Contracts, Broker shall notify Company of the existence and subject matter of such investigation. Broker shall further take all steps necessary to assure that no subagent of an Agency shall be appointed to solicit and procure Contracts if that subagent is prohibited by 18 U.S.C. (S) 1033(e) from engaging in the business of insurance. Broker further represents that it shall immediately notify Company in writing if it or any of its Representatives have any of their respective licenses, which are required under this Agreement for the solicitation, sale or provision of services to the Contracts, surrendered, removed, revoked, cancelled or suspended, whether voluntarily or involuntarily.

Investigations of Broker or Representative. Broker represents that neither it nor any of its Representatives is currently under investigation by any insurance regulator, the NASD or SEC, any other self-regulatory organization or other governmental authority (except for any investigations of which it has notified Company in writing). Broker further agrees that, if a formal or informal investigation of Broker or any of its Representatives is commenced by any insurance regulator, the NASD or SEC, any other self regulatory organization or other governmental authority, whether or not in connection with the sale of the Contracts, Broker shall notify Company of the existence and subject matter of such investigation. Broker shall further take all steps necessary to assure that no subagent of an Agency shall be appointed to solicit and procure Contracts if that subagent is prohibited by 18 U.S.C. (S) 1033(e) from engaging in the business of insurance. Broker further represents that it shall immediately notify Company in writing if it or any of its Representatives have any of their respective licenses, which are required under this Agreement for the solicitation, MLIDC Retail Sales Agreement 7-1-05(LTC) Page 7 of 36 sale or provision of services to the Contracts, surrendered, removed, revoked, cancelled or suspended, whether voluntarily or involuntarily.

Investigations of Broker or Representative. Broker represents that __________________________________________ neither it nor any of its Representatives is currently under investigation by any insurance regulator, the NASD or SEC, any other self-regulatory organization or other governmental authority (except for any investigations of which it has notified Company in writing). Broker further agrees that, if a formal or informal investigation of Broker or any of its Representatives is commenced by any insurance regulator, the NASD or SEC, any other self regulatory organization or other governmental authority, whether or not in connection with the sale of the Contracts, Broker shall notify Company of the existence and subject matter of such investigation. Broker shall further take all steps necessary to assure that no subagent of an Agency shall be appointed to solicit and procure Contracts if that subagent is prohibited by 18 U.S.C. (S) 1033(e) from engaging in the business of insurance. Broker further represents that it shall immediately notify Company in writing if it or any of its Representatives have any of their respective licenses, which are required under this Agreement for the solicitation, sale or provision of services to the Contracts, surrendered, removed, revoked, cancelled or suspended, whether voluntarily or involuntarily.