Subscriber Costs and Expenses. Subscriber shall be directly responsible for the costs and expenses associated with the following items in connection with the operation of Infinex Centers at Subscriber's locations:
(a) all furnishings, accessories and equipment utilized in the Infinex Center, including the Infinex news/quote terminal;
(b) the Infinex news/quote service and maintenance;
(c) any Value Line Investment Survey, Standard & Poor's Corporation reports and similar published materials employed in the Infinex Center;
(d) telephone and other operating equipment;
(e) Mutual Employee compensation and costs, including, without limitation, recruitment costs, salary and benefits, travel and cost of pre-qualification training and prescribed pre-examination course, examination fees and filing fees;
(f) Mutual Employee post-qualification sales training materials;
(g) recruitment costs, salary and benefits for any support personnel;
(h) Subscriber-sponsored advertising and promotion; including any and all promotions by Subscriber of the Infinex Program that are specific to Subscriber and all stationery and business cards furnished to each Infinex Center;
(i) Infinex's standard fees and charges as set forth on Infinex's Schedule of Standard Fees and Charges, as such may be amended by Infinex from time to time; and
(j) all other costs associated with operation of the Infinex Centers at Subscriber's locations and not identified in paragraph 15. Subscriber shall pay all reasonable costs and expenses set forth in this paragraph 14 directly to third-party vendors or to Infinex or the Mutual Employees as may be determined by Infinex from time to time. In the Infinex Centers located at Subscriber's locations, Subscriber shall permit the use only of promotional materials approved or furnished by Infinex. Infinex may from time to time, following notice to Subscriber, eliminate one or more of Subscriber’s direct costs or expenses.
Subscriber Costs and Expenses. (a) Direct Costs and Expenses. Subscriber shall be directly responsible for the costs and expenses associated with the following items in connection with the operation of the UVEST Centers at Subscriber's locations:
1. the furnishings, accessories and equipment necessary to establish the UVEST Center, including a UVEST technology platform
2. the service and maintenance for the UVEST technology platform;
3. investment research material employed in the UVEST Center;
4. telephones and other operating equipment;
5. Dual Employee compensation (which will be reimbursed to Subscriber through Revenue Sharing Payments as provided herein) and Dual Employee costs, including, without limitation, recruitment costs, salary and benefits, travel (including but not limited to any travel associated with pre-qualification or post-qualification training), cost of pre-qualification training and prescribed pre-examination course, examination fees and filing fees and UVEST's corporate stationery and business cards;
6. Dual Employee post-qualification sales training materials;
7. recruitment costs, salary and benefits for any support personnel;
8. Subscriber-sponsored advertising and promotion; and
9. all other costs associated with the operation of the UVEST Centers at Subscriber's locations and not specified in Section 15 hereof. Subscriber shall pay all costs and expenses set forth in this Section 14 directly to third-party vendors or to UVEST or the Dual Employees, in accordance with UVEST's applicable standard procedures and fee schedules, each as in effect from time to time. In the UVEST Centers at Subscriber's locations, Subscriber and UVEST shall mutually approve the furnishings, furniture, fixtures and materials to be used by UVEST in the operation of the UVEST Center. UVEST may from time to time, following notice to Subscriber, eliminate one or more of Subscriber's direct costs or expenses.
Subscriber Costs and Expenses. (a) Direct costs and expenses. Subscriber shall be responsible for the costs and expenses associated with the following items in connection with the operation of the AAGS Centers at Subscriber's locations:
(1) Any necessary furnishings or structural arrangement and required minimum signage to comply with Section 11.3 of this Agreement;
(2) News\quotc service and maintenance;
(3) Telephones and other operating equipment;
(4) Registered Representative compensation and costs, including, without limitation, recruitment costs, salary and benefits, travel, lodging, meals, cost of pre-qualification training and prescribed pre-examination course, examination fees and filing fees, and AAGS's corporate stationery and business cards;
(5) Subscriber-sponsored advertising and promotion;
(6) Certain, pass-through costs which may arise, including,, but not limited to, brokerage clearing costs, NASD assessments and applicable insurance costs as described in Section 7 of this Agreement; and
(7) All other costs associated with the operation of the AAGS Centers at Subscriber's locations not specified in Section 5.4. Subscriber shall pay all costs and expenses set forth in this Section directly to third-party vendors or to AAGS in accordance with AAGS's applicable standard procedures. AAGS may, following notice to Subscriber, eliminate one or more of Subscriber's direct costs or expenses.
Subscriber Costs and Expenses a) Direct costs and expenses. Subscriber shall be directly responsible for the costs and expenses associated with the following items in connection with the operation of Subscriber Centers at Subscriber's locations:
i) the furnishings, accessories and equipment necessary to establish the Subscriber Center, including a news/quote terminal;
ii) the service and maintenance for the sales technology terminal;
iii) equity investment research employed in the Subscriber Center;
iv) telephones and other operating equipment;
v) Registered Representative compensation and related costs, including, without limitation, recruitment costs, salary and benefits, travel (including but not limited to any travel associated with pre-qualification or post-qualification training), cost of pre-qualification training and prescribed pre-examination course, examination fees and filing fees and corporate stationery and business cards;
vi) Registered Representative post-qualification sales training materials;
vii) Recruitment costs, salary and benefits for any support personnel;
viii) All other costs associated with the operation of the Subscriber Centers at Subscriber's locations not specified in Section 12 hereof Subscriber shall pay all costs and expenses set forth in this Section 11 directly to third-party vendors or to UVEST or to the Registered Representative(s), in accordance with UVEST's applicable standard procedures and fee schedules, each as in effect from time to time.
Subscriber Costs and Expenses. Subscriber shall be directly responsible for the costs and expenses associated with the following items incurred by Subscriber in connection with the MMLISI Program and the operation of any MMLISI Centers at Subscriber's locations:
(a) Salary and benefits of Subscriber's employees;
(b) Production and printing of all Subscriber-sponsored advertising and promotion; including any and all promotions by the subscriber of the MMLISI Program that are specific to Subscriber and all stationery and business cards furnished to any MMLISI Center;
(c) all furnishings, accessories and equipment utilized in any MMLISI Center, including telephone and other operating equipment; and
(d) attorneys fees for counsel retained by Subscriber to analyze federal and state banking and insurance laws regarding the retail sale of nondeposit investment and securities/insurance products on Subscriber's premises; Subscriber shall pay all reasonable costs and expenses set forth in this Section 14 directly to third-party vendors or to MMLISI. In any MMLISI Centers located at Subscriber's locations, Subscriber shall permit the use only of furnishings, furniture, fixtures and materials from time to time purchased by Subscriber shall remain at all times the property of Subscriber and may be retained by Subscriber upon the termination of this Agreement.
