Payment Under Compensation Schedules. MLIDC shall pay Broker ------------------------------------- compensation for the sale of each Contract sold by Representatives of Broker as set forth in Exhibits A and B. MLIDC shall identify to Broker with each such payment the name or names of the Representative(s) of Broker who solicited each Contract covered by the payment. Broker shall be responsible for issuing checks, statements or forms for tax purposes and other administrative duties connected with compensation of such Representatives. Unless otherwise agreed upon by the parties, MLIDC shall have no obligation to any of the employees, agents or Representatives of Broker or Agency for the payment of any compensation. Unless otherwise provided in Exhibits A and B, compensation on the Contracts, including the commissions and fees therein, may be amended by MLIDC at any time, in any manner, and without prior notice.
Appears in 3 contracts
Samples: Sales Agreement (Metlife Investors Variable Annuity Account One), Company Sales Agreement (Paragon Separate Account B), Sales Agreement (Metlife Investors Variable Annuity Account One)
Payment Under Compensation Schedules. MLIDC shall pay Broker ------------------------------------- compensation for the sale of each Contract sold by Representatives of Broker as set forth in Exhibits A and B. MLIDC shall identify to Broker with each such payment the name or names of the Representative(s) of Broker who solicited each Contract covered by the payment. Broker shall be responsible for issuing checks, statements or forms for tax purposes and other administrative duties connected with compensation of such Representatives. Unless otherwise agreed upon by the parties, MLIDC shall have no obligation to any of the employees, agents or Representatives of Broker or Agency for the payment of any compensation. Unless otherwise provided in Exhibits A and B, compensation on the Contracts, including the commissions and fees therein, may be amended by MLIDC at any time, in any manner, and without prior notice.
Appears in 2 contracts
Samples: Sales Agreement (Paragon Separate Account A), Sales Agreement (Metropolitan Life Variable Annuity Separate Account II)
Payment Under Compensation Schedules. MLIDC shall pay Broker ------------------------------------- ------------------------------------ compensation for the sale of each Contract sold by Representatives of Broker as set forth in Exhibits A and B. MLIDC shall identify to Broker with each such payment the name or names of the Representative(s) of Broker who solicited each Contract covered by the payment. Broker shall be responsible for issuing checks, statements or forms for tax purposes and other administrative duties connected with compensation of such Representatives. Unless otherwise agreed upon by the parties, MLIDC shall have no obligation to any of the employees, agents or Representatives of Broker or Agency for the payment of any compensation. Unless otherwise provided in Exhibits A and B, compensation on the Contracts, including the commissions and fees therein, may be amended by MLIDC at any time, in any manner, and without prior notice.
Appears in 1 contract
Samples: Company Sales Agreement (Metlife Investors Variable Life Account One)
