The North Carolina Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP is a legal document that outlines the terms and conditions of their business relationship in North Carolina. This agreement is relevant for individuals looking to understand the partnership between these entities and the specifics of their wholesale operations within the state. Key Terms: 1. Lincoln Life and Annuity Co. of New York: This refers to a life insurance and annuity provider based in New York and is one of the parties involved in the agreement. 2. Lincoln Financial Advisors Corp.: Another party involved in the agreement, Lincoln Financial Advisors Corp. is a subsidiary of Lincoln National Corporation. They provide financial planning and advisory services. 3. Delaware Distributors, LP: As one of the parties, Delaware Distributors, LP is responsible for distributing investment products and services. They are engaged in wholesaling activities. 4. Wholesale Agreement: The agreement outlines the terms of their wholesale operations in North Carolina, including the responsibilities and obligations of each party involved. Types of North Carolina Wholesale Agreement: While the specific types of North Carolina Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP may vary, here are a few commonly known types: 1. Distributor Agreement: This agreement establishes the relationship between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP regarding the distribution of financial products and services to clients in North Carolina. 2. Licensing Agreement: This type of agreement may be applicable if Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP require licenses or permissions to operate their wholesale business activities within North Carolina. It would outline the terms and conditions of the licensing process. 3. Marketing Agreement: This agreement focuses on the marketing efforts and strategies employed by the entities involved. It dictates how Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP will promote their wholesale products and services in the North Carolina market. 4. Compensation Agreement: A compensation agreement outlines the payment structure and commission arrangements between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP. It provides clarity on how these parties will be rewarded for their respective contributions in the wholesale operations in North Carolina. Please note that these are general examples, and the actual variances of North Carolina Wholesale Agreements between the mentioned entities could differ based on their specific business goals and requirements.