Common use of NOTICE OF REPRESENTATIVE'S NONCOMPLIANCE Clause in Contracts

NOTICE OF REPRESENTATIVE'S NONCOMPLIANCE. In the event a Representative fails or refuses to submit to Broker-Dealer’s supervision or otherwise fails to meet the rules and standards imposed by Broker-Dealer on its Representatives, Broker-Dealer shall immediately notify Ameritas Investment Company, LLC of such fact and inform the Representative that he or she is no longer authorized to sell the Policies. Broker-Dealer shall take any additional action necessary to terminate the former Representative’s activities relating to the Policies.

Appears in 2 contracts

Samples: Selling Agreement (Ameritas Variable Separate Account V), Selling Agreement (Ameritas Life Insurance Corp Separate Account LLVL)

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NOTICE OF REPRESENTATIVE'S NONCOMPLIANCE. In the event a Representative fails or refuses to submit to Broker-Dealer’s 's supervision or otherwise fails to meet the rules and standards imposed by Broker-Dealer on its Representatives, Broker-Dealer shall immediately notify Ameritas Investment Company, LLC Corp. of such fact and inform the Representative that he or she is no longer authorized to sell the Policies. Broker-Dealer shall take any additional action necessary to terminate the former Representative’s 's activities relating to the Policies.

Appears in 2 contracts

Samples: Selling Agreement (Ameritas Variable Separate Account Va-2), Selling Agreement (Carillon Account)

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