Selling Group. MML DISTRIBUTORS may enter into sales agreements for the sale of the Contracts with independent broker-dealer firms ("Independent Brokers") whose registered representatives have been or shall be licensed and appointed as life insurance agents of MassMutual. All such agreements shall be in a form agreed to by MassMutual. All such agreements shall provide that the Independent Brokers must assume full responsibility for continued compliance by itself and its associated persons with the NASD Rules of Fair Practice (the "Rules") and all applicable federal and state securities and insurance laws. All associated persons of such Independent Brokers soliciting applications for the Contracts shall be duly and appropriately licensed and appointed for the sale of the Contracts under the Rules and applicable federal and state securities and insurance laws.
Appears in 3 contracts
Samples: Underwriting and Servicing Agreement (MML Bay State Life Insurance Co /Mo/), Underwriting and Servicing Agreement (Panorama Plus Separate Account), Underwriting Agreement (Massachusetts Mutual Life Insurance Co)
Selling Group. MML DISTRIBUTORS Distributors may enter into sales agreements for the sale of the Contracts with independent broker-dealer firms ("Independent Brokers") whose registered representatives have been or shall be licensed and appointed as life insurance agents of MassMutual. All such agreements shall be in a form agreed to by MassMutual. All such agreements shall provide that the Independent Brokers must assume full responsibility for continued compliance by itself and its associated persons with the NASD Rules of Fair Practice (the "Rules") and all applicable federal and state securities and insurance laws. All associated persons of such Independent Brokers soliciting applications for the Contracts shall be duly and appropriately licensed and appointed for the sale of the Contracts under the Rules and applicable federal and state securities and insurance laws.
Appears in 2 contracts
Samples: Distribution Agreement (Massachusetts Mutual Variable Life Separate Account I), Distribution Servicing Agreement (Massachusetts Mutual Variable Life Separate Account I)
Selling Group. MML DISTRIBUTORS Distributors may enter into sales agreements for the sale of the Contracts with independent broker-dealer firms ("Independent Brokers") whose registered representatives have been or shall be licensed and appointed as life insurance agents of MassMutual. All such agreements shall be in a form agreed to by MassMutual. All such agreements shall provide that the Independent Brokers must assume full responsibility for continued compliance by itself and its associated persons with the NASD Rules of Fair Practice (the "Rules") and all applicable federal and state securities and insurance laws. All associated persons of such Independent Brokers soliciting applications for the Contracts shall be duly and appropriately licensed and appointed for the sale of the Contracts under the Rules and applicable federal and state securities and insurance laws.
Appears in 1 contract
Samples: Underwriting and Servicing Agreement (Massachusetts Mutual Variable Annuity Separate Account 4)