Common use of Sales Agreements Clause in Contracts

Sales Agreements. EquiTrust Marketing is hereby authorized to enter into separate written agreements, on such terms and conditions as EquiTrust Marketing may determine not inconsistent with this Agreement, with broker-dealers which agree to participate in the distribution of the Contracts and to use their best efforts to solicit applications for the Contracts. All such sales agreements shall provide that each independent broker-dealer will assume full responsibility for continued compliance by itself and its representatives with applicable federal and state securities laws. Such broker-dealers and their agents or representatives soliciting applications for the Contracts shall be duly and appropriately licensed, registered or otherwise qualified for the sale of such Contracts under the federal securities laws, the state insurance laws and any applicable state securities laws of each state or other jurisdiction in which such Contracts may be lawfully sold and in which Farm Bureau is licensed to sell the Contracts. Each such organization shall be both registered as a broker-dealer under the 1934 Act and a member of the NASD. Applications for the Contracts solicited by such organizations through their representatives shall be forwarded to Farm Bureau. All payments for the Contracts shall be made by check payable to "Farm Bureau Life Insurance Company" and remitted promptly by such organizations to Farm Bureau as agent for EquiTrust Marketing. All broker-dealers who agree to participate in the distribution of the Contracts shall act as independent contractors and nothing herein contained shall constitute such broker-dealers or their agents or employees as employees of Farm Bureau in connection with the sale of the Contracts.

Sales Agreements. EquiTrust Marketing is hereby authorized to enter into separate written agreements, on such terms and conditions as EquiTrust Marketing may determine not inconsistent with this Agreement, with broker-dealers which agree to participate in the distribution of the Contracts Policies and to use their best efforts to solicit applications for the ContractsPolicies. All such sales agreements shall provide that each independent broker-dealer will assume full responsibility for continued compliance by itself and its representatives with applicable federal and state securities laws. Such broker-dealers and their agents or representatives soliciting applications for the Contracts Policies shall be duly and appropriately licensed, registered or otherwise qualified for the sale of such Contracts Policies under the federal securities laws, the state insurance laws and any applicable state securities laws of each state or other jurisdiction in which such Contracts Policies may be lawfully sold and in which Farm Bureau is licensed to sell the ContractsPolicies. Each such organization shall be both registered as a broker-dealer under the 1934 Act and a member of the NASD. Applications for the Contracts Policies solicited by such organizations through their representatives shall be forwarded to Farm Bureau. All payments for the Contracts Policies shall be made by check payable to "Farm Bureau Life Insurance Company" and remitted promptly by such organizations to Farm Bureau as agent for EquiTrust Marketing. All broker-dealers who agree to participate in the distribution of the Contracts Policies shall act as independent contractors and nothing herein contained shall constitute such broker-dealers or their agents or employees as employees of Farm Bureau in connection with the sale of the ContractsPolicies.

Sales Agreements. EquiTrust FBL Marketing is hereby authorized to enter into separate written agreements, on such terms and conditions as EquiTrust FBL Marketing may determine not inconsistent with this Agreement, with broker-dealers which agree to participate in the distribution of the Contracts and to use their best efforts to solicit applications for the Contracts. All such sales agreements shall provide that each independent broker-dealer will assume full responsibility for continued compliance by itself and its representatives with applicable federal and state securities laws. Such broker-dealers and their agents or representatives soliciting applications for the Contracts shall be duly and appropriately licensed, registered or otherwise qualified for the sale of such Contracts under the federal securities laws, the state insurance laws and any applicable state securities laws of each state or other jurisdiction in which such Contracts may be lawfully sold and in which Farm Bureau is licensed to sell the Contracts. Each such organization shall be both registered as a broker-dealer under the 1934 Act and a member of the NASD. Applications for the Contracts solicited by such organizations through their representatives shall be forwarded to Farm Bureau. All payments for the Contracts shall be made by check payable to "Farm Bureau Life Insurance Company" and remitted promptly by such organizations to Farm Bureau as agent for EquiTrust FBL Marketing. All broker-dealers who agree to participate in the distribution of the Contracts shall act as independent contractors and nothing herein contained shall constitute such broker-dealers or their agents or employees as employees of Farm Bureau in connection with the sale of the Contracts.