Common use of Sales Agreement Clause in Contracts

Sales Agreement. (a) W&R is hereby authorized to enter into separate written agreements, on such terms and conditions as W&R may determine to be not inconsistent with this Agreement, with broker-dealers registered as such under the Exchange Act which agree to participate in the distribution of the Policies and to use their best efforts to solicit applications for the Policies.

Appears in 4 contracts

Samples: Principal Underwriting Agreement (W&r Target Funds Inc), Principal Underwriting Agreement (Waddell & Reed Financial Inc), Agreement Amending Principal Underwriting Agreement (TMK United Funds Inc)

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Sales Agreement. (a) W&R is hereby authorized to enter into separate written agreements, on such terms and conditions as W&R may determine to be not inconsistent with this Agreement, with broker-/dealers registered as such under the Exchange Act which agree to participate in the distribution of the Policies and to use their best efforts to solicit applications for the Policies.

Appears in 4 contracts

Samples: Principal Underwriting Agreement (United Investors Life Variable Account), Principal Underwriting Agreement (United Investors Advantage Gold Variable Account), Principal Underwriting Agreement (United Investors Universal Life Variable Account)

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