Common use of Miscellaneous and Non-Cash Compensation Clause in Contracts

Miscellaneous and Non-Cash Compensation. In addition, although not in connection with any particular LPL customer, LPL and LPL employees may receive compensation from product sponsors. Compensation may include such items as gifts valued at less than $100 annually, an occasional dinner or ticket to a sporting event, or reimbursement in connection with educational meetings, client workshops or events, or marketing or advertising initiatives for employees. Product sponsors also may pay for, or reimburse LPL for the costs associated with, education or training events that may be attended by LPL employees and representatives and for LPL-sponsored conferences and events.

Appears in 7 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

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Miscellaneous and Non-Cash Compensation. In addition, although not in connection with any particular LPL customer, LPL and LPL, LPL employees may and/or your Representative receive compensation from product sponsors. Compensation may include includes such items as gifts valued at less than $100 annually, an occasional dinner or ticket to a sporting event, or reimbursement in connection with educational meetings, client workshops or events, or marketing or advertising initiatives initiatives, including services for employeesidentifying prospective clients. Product sponsors also may pay for, or reimburse LPL for the costs associated with, education or training events that may be attended by LPL employees and representatives and for LPL-sponsored conferences and events, which may include events under the Sponsorships Programs described above.

Appears in 3 contracts

Samples: Brokerage Account Agreement, Brokerage Account Agreement, Brokerage Account Agreement

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