Common use of SUPERVISION OF REPRESENTATIVES Clause in Contracts

SUPERVISION OF REPRESENTATIVES. Broker/Dealer shall have full responsibility for the training and supervision of all Representatives associated with Broker/Dealer who are engaged directly or indirectly in the offer or sale of the Contracts and all such persons shall be subject to the control of Broker/Dealer with respect to such persons' securities-related activities in connection with the Contracts. Broker/Dealer will establish rules, procedures and supervisory and inspection techniques necessary to diligently supervise the activities of its Representatives. Producers will cause the Representatives to be trained in the sale of the Contracts; Producers warrant that Representatives qualify under applicable federal and state laws to engage in the sale of the Contracts; and Producers will cause such Representatives to be registered representatives of Broker/Dealer before such Representatives engage in the solicitation of applications for the Contracts in jurisdictions where AILIC has authorized such solicitation. Broker/Dealer has full responsibility in connection with the training, supervision and control of the Representatives as contemplated by Section 15(b)(4)(E) of the Securities Exchange Act of 1934 (the "1934 Act"). By submitting to AAGS or AILIC a registered representative for appointment, Broker/Dealer shall be deemed to have certified Representatives' qualifications including those set forth in Appendix II hereto. Upon request, Broker/Dealer shall confirm the foregoing by delivering a letter in the form of Appendix II hereto. Producers shall ensure that the Contracts are offered, sold and serviced only through Representatives who comply with all appropriate state insurance licensing requirements and solely in accordance with the Contract and the then current Prospectus relating thereto.

Appears in 2 contracts

Samples: Selling Agreement (Annuity Investors Variable Account A), Selling Agreement (Annuity Investors Variable Account B)

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SUPERVISION OF REPRESENTATIVES. Broker/Dealer shall have full responsibility for the training and supervision of all Representatives associated with Broker/Dealer who are engaged directly or indirectly in the offer or sale of the Contracts and all such persons shall be subject to the control of Broker/Dealer with respect to such persons' securities-related activities in connection with the Contracts. Broker/Dealer will establish rules, procedures and supervisory and inspection techniques necessary to diligently supervise the activities of its Representatives. Included in training will be federal and state statutes and regulations applicable to the sale of Contracts, the Ethical Principles and related Codes of the Insurance Marketplace Standards Association ("IMSA"), and any other topics about which Representatives must have sufficient knowledge as required by their individual agreements. Producers will cause the Representatives to be trained in the sale of the Contracts; Producers warrant that Representatives qualify under applicable federal and state laws to engage in the sale of the Contracts; and Producers will cause such Representatives to be registered representatives of Broker/Dealer before such Representatives engage in the solicitation of applications for the Contracts in jurisdictions where AILIC has authorized such solicitation. Broker/Dealer has full responsibility in connection with the training, supervision and control of the Representatives as contemplated by Section 15(b)(4)(E) of the Securities Exchange Act of 1934 (the "1934 Act"). By submitting to AAGS or AILIC a registered representative for appointment, Broker/Dealer shall be deemed to have certified Representatives' qualifications including those set forth in Appendix II hereto. Upon request, Broker/Dealer shall confirm the foregoing by delivering a letter in the form of Appendix II hereto. Producers shall ensure that the Contracts are offered, sold and serviced only through Representatives who comply with all appropriate state insurance licensing requirements and solely in accordance with the Contract and the then current Prospectus relating thereto.

Appears in 1 contract

Samples: Selling Agreement (Annuity Investors Variable Account B)

SUPERVISION OF REPRESENTATIVES. Broker/Dealer shall have full responsibility for the training and supervision of all Representatives associated with Broker/Dealer who are engaged directly or indirectly in the offer or sale of the Contracts and all such persons Representatives shall be subject to the control of Broker/Dealer with respect to such personsRepresentatives' securities-related activities in connection with the Contracts. Broker/Dealer will establish has established and shall maintain rules, procedures and supervisory and inspection techniques necessary to diligently supervise the activities of its Representatives. Producers Included in training will cause the Representatives be federal and state statutes and regulations applicable to be trained in the sale of the Contracts; Producers warrant that , and any other topics about which Representatives qualify under applicable federal and state laws to engage in the sale of the Contracts; and Producers will cause such Representatives to be registered representatives of Broker/Dealer before such Representatives engage in the solicitation of applications for the Contracts in jurisdictions where AILIC has authorized such solicitationmust have sufficient knowledge as required by their individual agreements. Broker/Dealer has full responsibility in connection with the training, supervision and control of the Representatives as contemplated by Section 15(b)(4)(E) of the Securities Exchange Act of 1934 (the "1934 Act"). Broker/Dealer will cause the Representatives to be trained in the sale of the Contracts; Broker/Dealer warrants that Representatives qualify under applicable federal and state laws to engage in the sale of the Contracts; and Broker/Dealer will cause such Representatives to be registered representatives of Broker/Dealer before such Representatives engage in the solicitation of applications for the Contracts in jurisdictions where MMALIC has authorized such solicitation. By submitting to AAGS MMALIS or AILIC MMALIC a registered representative Representative for appointment, Broker/Dealer shall be deemed to have certified Representatives' qualifications including those set forth in Appendix II hereto. Upon request, Broker/Dealer shall confirm the foregoing by delivering a letter in the form of Appendix II hereto. Producers Broker/Dealer shall ensure that the Contracts are offered, sold and serviced only through Representatives who comply with all appropriate state insurance licensing requirements and solely in accordance with the Contract and Contracts and, for the Registered Contracts, also the then current Prospectus relating thereto.

Appears in 1 contract

Samples: Selling Agreement

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SUPERVISION OF REPRESENTATIVES. Broker/Dealer shall have full responsibility for the training and supervision of all Representatives associated with Broker/Dealer who are engaged directly or indirectly in the offer or sale of the Contracts and all such persons shall be subject to the control of Broker/Dealer with respect to such persons' securities-related activities in connection with the Contracts. Broker/Dealer will establish rules, procedures and supervisory and inspection techniques necessary to diligently supervise the activities of its Representatives. Included in training will be federal and state statutes and regulations applicable to the sale of Contracts, the Ethical Principles and related Codes of the Insurance Marketplace Standards Association (“IMSA”), and any other topics about which Representatives must have sufficient knowledge as required by their individual agreements. Producers will cause the Representatives to be trained in the sale of the Contracts; Producers warrant that Representatives qualify under applicable federal and state laws to engage in the sale of the Contracts; and Producers will cause such Representatives to be registered representatives of Broker/Dealer before such Representatives engage in the solicitation of applications for the Contracts in jurisdictions where AILIC has authorized such solicitation. Broker/Dealer has full responsibility in connection with the training, supervision and control of the Representatives as contemplated by Section 15(b)(4)(E) of the Securities Exchange Act of 1934 (the "1934 Act"). By submitting to AAGS GAA or AILIC a registered representative for appointment, Broker/Dealer shall be deemed to have certified Representatives' qualifications including those set forth in Appendix II hereto. Upon request, Broker/Dealer shall confirm the foregoing by delivering a letter in the form of Appendix II hereto. Producers shall ensure that the Contracts are offered, sold and serviced only through Representatives who comply with all appropriate state insurance licensing requirements and solely in accordance with the Contract and the then current Prospectus relating thereto.

Appears in 1 contract

Samples: Selling Agreement (Annuity Investors Variable Account B)

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