Payments to Broker-Dealers. FLIAC shall be primarily responsible to pay sales commissions to the broker-dealers entitled thereto as set forth in the applicable written agreements with such broker-dealers, subject to all applicable state insurance laws and regulations and all applicable federal and/or state securities laws and FINRA rules. 1851 shall reflect such amounts on its books and records (as created and maintained by FLIAC) as required by Section 1.04 hereto.
Appears in 5 contracts
Samples: Principal Underwriting and Distribution Agreement (First Investors Life Separate Account E), Principal Underwriting and Distribution Agreement (First Investors Life Variable Annuity Fund D), Principal Underwriting and Distribution Agreement (First Investors Life Variable Annuity Fund C)
