NOTICE OF SUB-AGENT NONCOMPLIANCE. In the event a sub-agent fails or refuses to submit to supervision of Broker-dealer in accordance with this Agreement, or otherwise fails to meet the rules and standards imposed by Broker-dealer on its registered representatives, Broker-dealer shall certify such fact to Sun Life of Canada (U.S.) and General Agent and shall immediately notify such sub-agent that he is no longer authorized to sell the Plans, and Broker-dealer and General Agent shall take whatever additional action may be necessary to terminate the sales activities of such sub-agent relating to the Plans.
Appears in 3 contracts
Samples: Marketing Coordination and Administrative Services Agreement (Money Market Variable Account /Ma/), Marketing Coordination Agreement (Money Market Variable Account /Ma/), Sales Operations and General Agent Agreement (Sun Life of Canada U S Variable Account I)
NOTICE OF SUB-AGENT NONCOMPLIANCE. In the event a sub-agent fails or refuses to submit to supervision of Broker-dealer in accordance with this Agreement, or otherwise fails to meet the rules and standards imposed by Broker-dealer on its registered representatives, Broker-dealer shall certify such fact to Sun Life of Canada (U.S.U.S) and General Agent and shall immediately notify such sub-agent that he is no longer authorized to sell the Plans, and Broker-dealer and General Agent shall take whatever additional action may be necessary to terminate the sales activities of such sub-agent relating to the Plans.
Appears in 2 contracts
Samples: Sales Operations and General Agent Agreement (Sun Life of Canada U S Variable Account I), Sales Operations and General Agent Agreement (Sun Life of Canada U S Variable Account F)
