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Alabama Distribution Agreement between First American Insurance Portfolios, Inc. and SEI Financial Services Company

State:
Multi-State
Control #:
US-EG-9187
Format:
Word; 
Rich Text
Instant download

Description

Distribution Agreement between First American Insurance Portfolios, Inc. and SEI Financial Services Company dated December 8, 1999. 9 pages In Alabama, the Distribution Agreement between First American Insurance Portfolios, Inc. and SET Financial Services Company is a legal document that outlines the terms and conditions of their joint distribution efforts within the state. This agreement serves as a foundation for the collaborative business relationship between the two prominent financial entities. The Alabama Distribution Agreement between First American Insurance Portfolios, Inc. and SET Financial Services Company entails various key provisions and clauses, including the scope of the partnership, the responsibilities of each party, and the specific terms governing distribution activities. Through this agreement, both organizations aim to enhance their market presence in Alabama by effectively leveraging each other's strengths and resources. One type of Alabama Distribution Agreement between First American Insurance Portfolios, Inc. and SET Financial Services Company could be a General Distribution Agreement. This type of agreement typically covers a wide range of insurance and financial products and sets forth the general terms for distributing those products in the state of Alabama. Additionally, there might be a Specialized Distribution Agreement between the two companies. This agreement focuses on a particular type of insurance product or financial service, providing a more tailored approach to distribution, marketing, and sales strategies specific to that particular product or service within Alabama. In these Alabama Distribution Agreements, certain keywords and phrases play a crucial role in defining the rights and obligations of both parties involved. These relevant keywords may include: 1. Distribution rights: This term refers to the exclusive or non-exclusive rights granted to First American Insurance Portfolios, Inc. by SET Financial Services Company to distribute their products and services in Alabama. 2. Territory: The agreement may define the specific geographic area within Alabama where distribution activities are authorized to take place. 3. Marketing support: This keyword highlights the assistance, resources, and collaborative efforts that SET Financial Services Company will provide to First American Insurance Portfolios, Inc. to promote and market their products effectively in Alabama. 4. Compliance: This crucial term emphasizes the need for both parties to comply with all applicable state and federal laws, regulations, and licensing requirements while conducting their distribution activities in Alabama. 5. Performance metrics: This phrase outlines specific benchmarks and goals related to sales volume, market share, or other performance indicators that both companies strive to achieve through their joint distribution efforts in Alabama. 6. Compensation: This keyword covers the financial arrangements between the parties, including commission rates, revenue sharing, or other forms of compensation for the distribution of products in Alabama. 7. Termination: This section outlines the circumstances under which either party can terminate the agreement, such as for breach of contract, failure to meet performance metrics, or other specified conditions. These keywords provide a brief overview of the significant aspects and clauses typically found in an Alabama Distribution Agreement between First American Insurance Portfolios, Inc. and SET Financial Services Company. It is essential for both parties to create a comprehensive and detailed agreement that serves as a solid framework for their collaborative distribution efforts in the state of Alabama.

In Alabama, the Distribution Agreement between First American Insurance Portfolios, Inc. and SET Financial Services Company is a legal document that outlines the terms and conditions of their joint distribution efforts within the state. This agreement serves as a foundation for the collaborative business relationship between the two prominent financial entities. The Alabama Distribution Agreement between First American Insurance Portfolios, Inc. and SET Financial Services Company entails various key provisions and clauses, including the scope of the partnership, the responsibilities of each party, and the specific terms governing distribution activities. Through this agreement, both organizations aim to enhance their market presence in Alabama by effectively leveraging each other's strengths and resources. One type of Alabama Distribution Agreement between First American Insurance Portfolios, Inc. and SET Financial Services Company could be a General Distribution Agreement. This type of agreement typically covers a wide range of insurance and financial products and sets forth the general terms for distributing those products in the state of Alabama. Additionally, there might be a Specialized Distribution Agreement between the two companies. This agreement focuses on a particular type of insurance product or financial service, providing a more tailored approach to distribution, marketing, and sales strategies specific to that particular product or service within Alabama. In these Alabama Distribution Agreements, certain keywords and phrases play a crucial role in defining the rights and obligations of both parties involved. These relevant keywords may include: 1. Distribution rights: This term refers to the exclusive or non-exclusive rights granted to First American Insurance Portfolios, Inc. by SET Financial Services Company to distribute their products and services in Alabama. 2. Territory: The agreement may define the specific geographic area within Alabama where distribution activities are authorized to take place. 3. Marketing support: This keyword highlights the assistance, resources, and collaborative efforts that SET Financial Services Company will provide to First American Insurance Portfolios, Inc. to promote and market their products effectively in Alabama. 4. Compliance: This crucial term emphasizes the need for both parties to comply with all applicable state and federal laws, regulations, and licensing requirements while conducting their distribution activities in Alabama. 5. Performance metrics: This phrase outlines specific benchmarks and goals related to sales volume, market share, or other performance indicators that both companies strive to achieve through their joint distribution efforts in Alabama. 6. Compensation: This keyword covers the financial arrangements between the parties, including commission rates, revenue sharing, or other forms of compensation for the distribution of products in Alabama. 7. Termination: This section outlines the circumstances under which either party can terminate the agreement, such as for breach of contract, failure to meet performance metrics, or other specified conditions. These keywords provide a brief overview of the significant aspects and clauses typically found in an Alabama Distribution Agreement between First American Insurance Portfolios, Inc. and SET Financial Services Company. It is essential for both parties to create a comprehensive and detailed agreement that serves as a solid framework for their collaborative distribution efforts in the state of Alabama.

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Alabama Distribution Agreement between First American Insurance Portfolios, Inc. and SEI Financial Services Company