Limited Term to Offer and Sell Contracts. The General Agent shall be authorized to offer and sell Contracts to the general public pursuant to this Agreement for a period of one year from the Effective Date, and, unless terminated earlier pursuant to Sections 8.3, 8.4 or 8.5, such authorization shall automatically continue for one-year periods thereafter; provided, however, that such authorization shall automatically terminate upon termination of any distribution agreement between the Distributor and an Equitable Company relating to the Contracts.
Appears in 2 contracts
Samples: Broker Dealer and General Agent Sales Agreement (Equitable Financial Life Insurance Co of America), Broker Dealer and General Agent Sales Agreement (Equitable America Variable Account No.70A)
Limited Term to Offer and Sell Contracts. The General Agent shall be authorized to offer and sell Contracts to the general public pursuant to this Agreement for a period of one year from the Effective Date, and, unless terminated earlier pursuant to Sections 8.3, 8.4 or 8.5, such authorization shall automatically continue for one-year periods thereafter; provided, however, that such authorization shall automatically terminate upon termination of any distribution agreement between the Distributor and an AXA Equitable Company relating to the Contracts.
Appears in 2 contracts
Samples: Sales Agreement (Axa Equitable Life Insurance Co), Sales Agreement (Separate Account a of Axa Equitable Life Insurance Co)
