Common use of Recruitment of Producers Clause in Contracts

Recruitment of Producers. Authorized Selling Firm may recruit Producers to sell Products and/or service Accounts under the supervision of Authorized Selling Firm. A Producer so recruited may not solicit or sell Products or service Accounts prior to acquiring any required state insurance license(s) in the state(s) where such Producer will solicit or sell Products or Service Accounts, being registered with the NASD as a representative of the Broker-Dealer, being appointed by Company as an agent, and completing the training described in Section 4.5.15.

Appears in 3 contracts

Samples: Selling Agreement (Riversource Life Insurance Co), Principal Underwriter Agreement (Riversource Variable Annuity Account), Principal Underwriter Agreement (Riversource of New York Variable Annuity Account 2)

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Recruitment of Producers. Authorized Selling Firm may recruit Producers to sell Products and/or service Accounts under the supervision of Authorized Selling Firm. A Producer so recruited may not solicit or sell Products or service Accounts prior to acquiring any required state insurance license(s) in the state(s) where such Producer will solicit or and sell Products or Service AccountsProducts, being registered with the NASD as a representative of the Broker-Dealer, being appointed by Company as an agent, and completing the training described in Section 4.5.154.4.11.

Appears in 2 contracts

Samples: Selling Agreement for American Enterprise Life Insurance Company (American Enterprise Variable Life Account), Selling Agreement for American Enterprise Life Insurance Company (American Enterprise Variable Annuity Account)

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Recruitment of Producers. Authorized Selling Firm may recruit Producers to sell Products and/or service Accounts under the supervision of Authorized Selling Firm. A Producer so recruited may not solicit or sell Products or service Accounts prior to acquiring any required state insurance license(s) in the state(s) where such Producer will solicit or and sell Products or Service AccountsProducts, being registered with the NASD as a representative of the Broker-Dealer, being appointed by Company as an agent, and completing the training described in Section 4.5.154.4.14.

Appears in 2 contracts

Samples: Selling Agreement (American Express Platinum Variable Annuity Sm), Selling Agreement for American Enterprise Life (American Express Platinum Variable Annuity Sm)

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