Common use of PROMOTIONAL AGENT'S EXPENSES Clause in Contracts

PROMOTIONAL AGENT'S EXPENSES. Promotional Agent will be responsible for all expenses (excluding first time and renewal licensing expenses for sellers of Insurance Products) incurred in recruiting Broker-Dealers to distribute Financial Services Products and in performing its other duties under this Agreement. Promotional Agent shall also be responsible for those expenses specified in the attached Schedule B ("Statement of Expenses and Compensation") with respect to each category of Financial Services Products under this Agreement.

PROMOTIONAL AGENT'S EXPENSES. Promotional Agent will be responsible for all expenses (excluding first time and renewal insurance licensing expenses for sellers of Insurance Productsexpenses) incurred in recruiting Broker-Dealers to distribute Financial Services Insurance Products and in performing its other duties under this Agreement. Promotional Agent shall also be responsible for those expenses specified in the attached Schedule B ("Statement of Expenses and Compensation") with respect to each category of Financial Services Insurance Products under this Agreement.