Common use of Other Expenses and Payments Clause in Contracts

Other Expenses and Payments. The Trust and the Distributor shall pay no fee or other compensation to the Company under this Agreement. Each party, however, shall, in accordance with the allocation of expenses specified in this Agreement, reimburse other parties for expenses paid by such other parties, but allocated to it. In addition, nothing herein shall prevent the parties from otherwise agreeing to perform, and arranging for appropriate compensation for, services relating to the Trust, the Distributor, the Company or the Accounts. Notwithstanding anything else in this Agreement, pursuant to any Rule 12b-1 Plan adopted by the Trust, the Trust or any Series or Class thereof may pay the Distributor, and the Distributor may pay the principal underwriter or distributor of one or more classes of Contracts, for activities primarily intended to result in the sale of Trust Shares to the Accounts through which such Contracts are issued. Likewise, pursuant to any shareholder service plan adopted and implemented by the Trust or any Series or Class thereof under Rule 12b-1 of the 1940 Act or otherwise, the Trust or the appropriate Series or Class may pay the Distributor and the Distributor may pay the principal underwriter or distributor of one or more classes of Contracts, or the Company, for activities related to personal service and/or maintenance of Contract Owner accounts and/or administration services, as permitted by such plan.

Appears in 3 contracts

Samples: Participation Agreement (Variable Annuity-2 Series Account), Participation Agreement (Variable Annuity-2 Series Account), Participation Agreement (Variable Annuity-2 Series Account)

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Other Expenses and Payments. The Trust and the Distributor shall pay no fee or other compensation to the Company under this Agreement. Each party, however, shall, in accordance with the allocation of expenses specified in this Agreement, reimburse other parties for expenses initially paid by such other partiesone party, but allocated to itanother party. In addition, nothing herein shall prevent the parties from otherwise agreeing to perform, and arranging for appropriate compensation for, other services relating to the Trust, the Distributor, the Company or the Accounts. Notwithstanding anything else in this Agreementthe foregoing, pursuant to any Rule 12b-1 Plan the distribution plan adopted by the TrustTrust pursuant to Rule 12b-1 under the 1940 Act, and as contemplated by Article 3.2(g) of this Agreement, the Trust or any Series or Class thereof may shall pay the Distributor, Distributor pursuant to the prospectus and the Distributor may shall pay the principal underwriter or distributor of one or more classes of Contracts, Contracts for activities primarily intended to result in the sale of Contracts or of Trust Shares to shares the Accounts through which such Contracts are issued. Likewise, pursuant to any shareholder service plan adopted and implemented by if the Trust or any Series or Class thereof under adopts and implements a shareholder service plan pursuant to Rule 12b-1 of under the 1940 Act Act, or otherwise, then the Trust or the appropriate Series or Class may shall pay the Distributor and the Distributor may shall pay the principal underwriter or distributor of one or more classes of Contracts, or the Company, for activities related to personal service and/or maintenance of Contract Owner accounts and/or administration servicesaccounts, as permitted by such planPlan.

Appears in 2 contracts

Samples: Participation Agreement (Peoples Benefit Life Insurance Co Separate Account V), Participation Agreement (TFLIC Separate Account VNY)

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Other Expenses and Payments. The Except as provided herein, the Trust and the Distributor shall pay no fee or other compensation to the Company under this Agreement. Each party, however, shall, in accordance with the allocation of expenses specified in this Agreement, reimburse other parties for expenses initially paid by such other partiesone party, but allocated to itanother party. In addition, nothing herein shall prevent the parties from otherwise agreeing to perform, and arranging for appropriate compensation for, other services relating to the Trust, the Distributor, the Company or the Accounts. Notwithstanding anything else in this Agreementthe foregoing, pursuant to any Rule 12b-1 Plan the distribution plan adopted by the TrustTrust pursuant to Rule 12b-1 under the 1940 Act, and as contemplated by Section 3.2(j) of this Agreement, the Trust or any Series or Class thereof may pay the Distributor, Distributor and the Distributor may pay the principal underwriter or distributor of one or more classes of Contracts, Contracts for activities primarily intended to result in the sale of Contracts or of Trust Shares to shares the Accounts through which such Contracts are issued. Likewise, pursuant to any shareholder service plan adopted and implemented by if the Trust or any Series or Class thereof under adopts and implements a shareholder service plan pursuant to Rule 12b-1 of under the 1940 Act Act, or otherwise, then the Trust or the appropriate Series or Class may shall pay the Distributor and the Distributor may shall pay the principal underwriter or distributor of one or more classes of Contracts, or the Company, for activities related to personal service and/or maintenance of Contract Owner accounts and/or administration servicesaccounts, as permitted by such planPlan.

Appears in 2 contracts

Samples: Participation Agreement (Variable Account D of Union Security Insurance Co), Participation Agreement (Hartford Life Insurance Co Separate Account Seven)

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