Sales Incentives. The Company or its affiliates may provide incentive items for registered representatives of the Managing Dealer and the Participating Brokers, which in no event shall exceed an aggregate of $100 per annum per participating registered representative. In the event other incentives are provided to registered representatives of the Managing Dealer or the Participating Brokers, they will be paid only in cash, and such payments will be made only to the Managing Dealer or the Participating Brokers rather than to their registered representatives. Sales incentive programs offered to the Managing Dealer or to Participating Brokers must first have been submitted for review by FINRA, and must comply with FINRA Conduct Rule 5110 or 2310, as applicable. Costs incurred in connection with such sales incentive programs, if any, will be considered underwriting compensation.
Appears in 4 contracts
Samples: Managing Dealer Agreement (CNL Healthcare Properties, Inc.), Managing Dealer Agreement (CNL Properties Trust, Inc.), Managing Dealer Agreement (CNL Properties Trust, Inc.)
Sales Incentives. The Company or its affiliates may provide incentive items for registered representatives of the Managing Dealer and the Participating Brokers, which in no event shall exceed an aggregate of $100 per annum per participating registered representative. In the event other incentives are provided to registered representatives of the Managing Dealer or the Participating Brokers, they will shall be paid only in cash, and such payments will shall be made only to the Managing Dealer or the Participating Brokers rather than to their registered representatives. Sales incentive programs offered to the Managing Dealer or to Participating Brokers must first have been submitted for review by FINRA, and must comply with FINRA Conduct Rule 5110 or 2310, as applicable. Costs incurred in connection with such sales incentive programs, if any, will shall be considered underwriting compensation.
Appears in 4 contracts
Samples: Managing Dealer Agreement (Corporate Capital Trust II), Form of Managing Dealer Agreement (Corporate Capital Trust II), Form of Managing Dealer Agreement (Corporate Capital Trust II)
Sales Incentives. The Company or its affiliates may provide incentive items for registered representatives of the Managing Dealer and the Participating Brokers, which in no event shall exceed an aggregate of $100 per annum per participating registered representative. In the event other incentives are provided to registered representatives of the Managing Dealer or the Participating Brokers, they will shall be paid only in cash, and such payments will shall be made only to the Managing Dealer or the Participating Brokers rather than to their registered representatives. Sales incentive programs offered to the Managing Dealer or to Participating Brokers must first have been submitted for review by FINRA, and must comply with FINRA Conduct Rule 5110 or 2310, as applicable. Costs incurred in connection with such sales incentive programs, if any, will shall be considered underwriting compensation.
Appears in 2 contracts
Samples: Form of Managing Dealer Agreement (Corporate Capital Trust, Inc.), Form of Managing Dealer Agreement (Corporate Capital Trust, Inc.)
