Common use of Prohibited Solicitation With Contract Holders Clause in Contracts

Prohibited Solicitation With Contract Holders. For a period of 12 --------------------------------------------- months after termination of the Agreement, the Broker and Agency shall not, directly or indirectly, and on a systematic basis, contact the contract holders of MLIDC or its Affiliates or condone such contact for the purpose of inducing any such contract holders to lapse, cancel, and fail to renew or replace any Contract. If the Broker or Agency, in the judgment of MLIDC is determined to have engaged in such prohibited activity, then MLIDC shall have the right to declare the Broker's and Agency's claims for compensation or any other benefit under the Agreement to be forfeited and void. MLIDC, on behalf of itself and its Affiliates, may also pursue all remedies, including injunction, to assure compliance with the covenants in this Section 3.22 and shall, if successful, be entitled to recover from the Broker and Agency all costs and expenses incurred in pursuing such remedies, including reasonable attorneys' fees. Enterprise Selling Agreement 02-10

Appears in 3 contracts

Samples: Sales Agreement (Metlife Investors Usa Separate Account A), Sales Agreement (First Metlife Investors Variable Annuity Account One), Sales Agreement (Metlife Investors Variable Annuity Account One)

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Prohibited Solicitation With Contract Holders. For a period of 12 --------------------------------------------- ---------------------------------------------- months after termination of the Agreement, the Broker and Agency shall not, directly or indirectly, and on a systematic basis, contact the contract holders of MLIDC or its Affiliates or condone such contact for the purpose of inducing any such contract holders to lapse, cancel, and fail to renew or replace any Contract. If the Broker or Agency, in the judgment of MLIDC is determined to have engaged in such prohibited activity, then MLIDC shall have the right to declare the Broker's and Agency's claims for compensation or any other benefit under the Agreement to be forfeited and void. MLIDC, on behalf of itself and its Affiliates, may also pursue all remedies, including injunction, to assure compliance with the covenants in this Section 3.22 and shall, if successful, be entitled to recover from the Broker and Agency all costs and expenses incurred in pursuing such remedies, including reasonable attorneys' fees. Enterprise Selling Agreement 026-1008

Appears in 2 contracts

Samples: Sales Agreement (Metlife Investors Variable Annuity Account One), Sales Agreement (Metlife Investors Variable Annuity Account One)

Prohibited Solicitation With Contract Holders. For a period of 12 --------------------------------------------- ---------------------------------------------- months after termination of the Agreement, the Broker and Agency shall not, directly or indirectly, and on a systematic basis, contact the contract holders of MLIDC Principal Underwriter or its Affiliates or condone such contact for the purpose of inducing any such contract holders to lapse, cancel, and fail to renew or replace any Contract. If the Broker or Agency, in the judgment of MLIDC Principal Underwriter is determined to have engaged in such prohibited activity, then MLIDC Principal Underwriter shall have the right to declare the Broker's and Agency's claims for compensation or any other benefit under the Agreement to be forfeited and void. MLIDCPrincipal Underwriter, on behalf of itself and its Affiliates, may also pursue all remedies, including injunction, to assure compliance with the covenants in this Section 3.22 and shall, if successful, be entitled to recover from the Broker and Agency all costs and expenses incurred in pursuing such remedies, including reasonable attorneys' fees. Enterprise Selling Agreement 02-10.

Appears in 2 contracts

Samples: Sales Agreement (New England Variable Life Separate Account), Sales Agreement (Brighthouse Variable Annuity Account B)

Prohibited Solicitation With Contract Holders. For a period of ---------------------------------------------- 12 --------------------------------------------- months after termination of the Agreement, the Broker and Agency shall not, directly or indirectly, and on a systematic basis, contact the contract holders of MLIDC or its Affiliates or condone such contact for the purpose of inducing any such contract holders to lapse, cancel, and fail to renew or replace any Contract. If the Broker or Agency, in the judgment of MLIDC is determined to have engaged in such prohibited activity, then MLIDC shall have the right to declare the Broker's and Agency's claims for compensation or any other benefit under the Agreement to be forfeited and void. MLIDC, on behalf of itself and its Affiliates, may also pursue all remedies, including injunction, to assure compliance with the covenants in this Section 3.22 and shall, if successful, be entitled to recover from the Broker and Agency all costs and expenses incurred in pursuing such remedies, including reasonable attorneys' fees. Enterprise Selling Agreement 02-10.

Appears in 2 contracts

Samples: Sales Agreement (New England Variable Annuity Separate Account), Sales Agreement (Metlife Investors Usa Separate Account A)

Prohibited Solicitation With Contract Holders. For a period of 12 --------------------------------------------- ---------------------------------------------- months after termination of the Agreement, the Broker and Agency shall not, directly or indirectly, and on a systematic basis, contact the contract holders of MLIDC or its Affiliates or condone such contact for the purpose of inducing any such contract holders to lapse, cancel, and fail to renew or replace any Contract. If the Broker or Agency, in the judgment of MLIDC is determined to have engaged in such prohibited activity, then MLIDC shall have the right to declare the Broker's and Agency's claims for compensation or any other benefit under the Agreement to be forfeited and void. MLIDC, on behalf of itself and its Affiliates, may also pursue all remedies, including injunction, to assure compliance with the covenants in this Section 3.22 and shall, if successful, be entitled to recover from the Broker and Agency all costs and expenses incurred in pursuing such remedies, including reasonable attorneys' fees. Enterprise Selling Agreement 02-10.

Appears in 1 contract

Samples: Company Sales Agreement (Paragon Separate Account B)

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Prohibited Solicitation With Contract Holders. For a period of 12 --------------------------------------------- months after termination of the Agreement, the Broker and Agency shall not, directly or indirectly, and on a systematic basis, contact the contract holders of MLIDC or its Affiliates or condone such contact for the purpose of inducing any such contract holders to lapse, cancel, and fail to renew or replace any Contract. If the Broker or Agency, in the judgment of MLIDC is determined to have engaged in such prohibited activity, then MLIDC shall have the right to declare the Broker's and Agency's claims for compensation or any other benefit under the Agreement to be forfeited and void. MLIDC, on behalf of itself and its Affiliates, may also pursue all remedies, including injunction, to assure compliance with the covenants in this Section 3.22 and shall, if successful, be entitled to recover from the Broker and Agency all costs and expenses incurred in pursuing such remedies, including reasonable attorneys' fees. Enterprise Selling Agreement 02-10.

Appears in 1 contract

Samples: Company Sales Agreement (Metlife Investors Variable Life Account One)

Prohibited Solicitation With Contract Holders. For a period of 12 --------------------------------------------- ______________________________________________ months after termination of the Agreement, the Broker and Agency shall not, directly or indirectly, and on a systematic basis, contact the contract holders of MLIDC or its Affiliates or condone such contact for the purpose of inducing any such contract holders to lapse, cancel, and fail to renew or replace any Contract. If the Broker or Agency, in the judgment of MLIDC is determined to have engaged in such prohibited activity, then MLIDC shall have the right to declare the Broker's and Agency's claims for compensation or any other benefit under the Agreement to be forfeited and void. MLIDC, on behalf of itself and its Affiliates, may also pursue all remedies, including injunction, to assure compliance with the covenants in this Section 3.22 and shall, if successful, be entitled to recover from the Broker and Agency all costs and expenses incurred in pursuing such remedies, including reasonable attorneys' fees. Enterprise Selling Agreement 02-10.

Appears in 1 contract

Samples: Sales Agreement (MetLife Insurance CO of Connecticut)

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