Title: Massachusetts Participation Agreement between First American Ins. Portfolios, Inc. and SET Investments Distribution Co. Keywords: Massachusetts Participation Agreement, First American Ins. Portfolios, Inc., SET Investments Distribution Co., agreement types. Introduction: The Massachusetts Participation Agreement serves as a legally binding contract between First American Ins. Portfolios, Inc. (hereinafter referred to as "FAIR") and SET Investments Distribution Co. (hereinafter referred to as "SET"). This agreement establishes the terms, conditions, and responsibilities of both parties in relation to their collaborative efforts in Massachusetts. Let's explore the details of this important agreement. Main Body: 1. Purpose: The agreement outlines the collaborative partnership between FAIR and SET in Massachusetts and specifies the goals and objectives they aim to achieve collectively. It may include developing new investment strategies, expanding market presence, or any other mutually agreed-upon objectives to enhance business operations. 2. Scope: The agreement defines the geographical regions, target markets, and specific areas of focus Massachusetts. It provides a clear understanding of the territories or client base that FAIR and SET intend to target through their joint efforts. 3. Roles and Responsibilities: This section outlines the individual responsibilities of FAIR and SET within the partnership. It establishes each entity's obligations, such as marketing, client acquisition, distribution strategies, compliance requirements, reporting procedures, record-keeping, and any other activities critical to achieving the collaboration's objectives. 4. Compensation and Revenue Sharing: The compensation and revenue-sharing structure is a crucial aspect of the participation agreement. It outlines how FAIR and SET will allocate revenues generated from their joint investment activities in Massachusetts. This section may include details on commission splits, fee-sharing arrangements, expenses, and potential profit-sharing percentages. 5. Representations and Warranties: Both FAIR and SET will provide assurances in this section, addressing their legal ability to enter into the agreement, their authority to fulfill commitments, and that they possess the necessary licenses and regulatory approvals required to operate in Massachusetts. 6. Duration and Termination: The agreement specifies the duration of the partnership and the conditions under which either party can terminate it. Additionally, it may outline the steps required for amending the agreement or extending its validity. Types of Massachusetts Participation Agreement between FAIR and SET: 1. General Partnership Agreement: A comprehensive agreement covering all aspects of the collaboration between FAIR and SET in Massachusetts, including goals, responsibilities, compensation, and termination clauses. 2. Market Expansion Agreement: Focusing primarily on expanding their market reach in specific Massachusetts regions, this agreement outlines the targeted areas of growth and strategies to achieve market penetration. 3. Product Distribution Agreement: This type of agreement concentrates on the distribution of specific financial products or services provided by FAIR and SET in Massachusetts, elucidating the terms and conditions of product distribution and revenue sharing. 4. Compliance and Regulatory Agreement: Emphasizing compliance with legal and regulatory requirements in Massachusetts, this agreement delineates how FAIR and SET will ensure adherence to state-specific regulations, reporting obligations, and maintaining client confidentiality. Conclusion: The Massachusetts Participation Agreement between First American Ins. Portfolios, Inc. and SET Investments Distribution Co. forms the foundation for their collaborative efforts in Massachusetts. It defines the responsibilities, objectives, compensation structure, and termination conditions, ensuring a clear framework for achieving mutual success in this particular market.
Massachusetts Participation Agreement between First American Ins. Portfolios, Inc., SEI Investments Distribution Co.
Category:
State:
Multi-State
Control #:
US-EG-9191
Format:
Word;
Rich Text
Instant download
Description
Participation Agr. between First American Ins. Portfolios, Inc., SEI Investments Distribution Co., (____) Ins. Co. on behalf of itself and its sep. accts & Distr. Co. dated 00/00. 52 pages
Title: Massachusetts Participation Agreement between First American Ins. Portfolios, Inc. and SET Investments Distribution Co. Keywords: Massachusetts Participation Agreement, First American Ins. Portfolios, Inc., SET Investments Distribution Co., agreement types. Introduction: The Massachusetts Participation Agreement serves as a legally binding contract between First American Ins. Portfolios, Inc. (hereinafter referred to as "FAIR") and SET Investments Distribution Co. (hereinafter referred to as "SET"). This agreement establishes the terms, conditions, and responsibilities of both parties in relation to their collaborative efforts in Massachusetts. Let's explore the details of this important agreement. Main Body: 1. Purpose: The agreement outlines the collaborative partnership between FAIR and SET in Massachusetts and specifies the goals and objectives they aim to achieve collectively. It may include developing new investment strategies, expanding market presence, or any other mutually agreed-upon objectives to enhance business operations. 2. Scope: The agreement defines the geographical regions, target markets, and specific areas of focus Massachusetts. It provides a clear understanding of the territories or client base that FAIR and SET intend to target through their joint efforts. 3. Roles and Responsibilities: This section outlines the individual responsibilities of FAIR and SET within the partnership. It establishes each entity's obligations, such as marketing, client acquisition, distribution strategies, compliance requirements, reporting procedures, record-keeping, and any other activities critical to achieving the collaboration's objectives. 4. Compensation and Revenue Sharing: The compensation and revenue-sharing structure is a crucial aspect of the participation agreement. It outlines how FAIR and SET will allocate revenues generated from their joint investment activities in Massachusetts. This section may include details on commission splits, fee-sharing arrangements, expenses, and potential profit-sharing percentages. 5. Representations and Warranties: Both FAIR and SET will provide assurances in this section, addressing their legal ability to enter into the agreement, their authority to fulfill commitments, and that they possess the necessary licenses and regulatory approvals required to operate in Massachusetts. 6. Duration and Termination: The agreement specifies the duration of the partnership and the conditions under which either party can terminate it. Additionally, it may outline the steps required for amending the agreement or extending its validity. Types of Massachusetts Participation Agreement between FAIR and SET: 1. General Partnership Agreement: A comprehensive agreement covering all aspects of the collaboration between FAIR and SET in Massachusetts, including goals, responsibilities, compensation, and termination clauses. 2. Market Expansion Agreement: Focusing primarily on expanding their market reach in specific Massachusetts regions, this agreement outlines the targeted areas of growth and strategies to achieve market penetration. 3. Product Distribution Agreement: This type of agreement concentrates on the distribution of specific financial products or services provided by FAIR and SET in Massachusetts, elucidating the terms and conditions of product distribution and revenue sharing. 4. Compliance and Regulatory Agreement: Emphasizing compliance with legal and regulatory requirements in Massachusetts, this agreement delineates how FAIR and SET will ensure adherence to state-specific regulations, reporting obligations, and maintaining client confidentiality. Conclusion: The Massachusetts Participation Agreement between First American Ins. Portfolios, Inc. and SET Investments Distribution Co. forms the foundation for their collaborative efforts in Massachusetts. It defines the responsibilities, objectives, compensation structure, and termination conditions, ensuring a clear framework for achieving mutual success in this particular market.
Free preview
How to fill out Massachusetts Participation Agreement Between First American Ins. Portfolios, Inc., SEI Investments Distribution Co.?
You can invest hours on-line attempting to find the lawful papers design which fits the federal and state needs you need. US Legal Forms supplies 1000s of lawful varieties that happen to be examined by professionals. You can actually down load or print out the Massachusetts Participation Agreement between First American Ins. Portfolios, Inc., SEI Investments Distribution Co. from my services.
If you already have a US Legal Forms account, you may log in and then click the Down load switch. Afterward, you may comprehensive, change, print out, or sign the Massachusetts Participation Agreement between First American Ins. Portfolios, Inc., SEI Investments Distribution Co.. Every single lawful papers design you get is the one you have eternally. To have yet another copy of any acquired kind, check out the My Forms tab and then click the related switch.
If you use the US Legal Forms web site for the first time, stick to the straightforward recommendations listed below:
- Initial, make sure that you have chosen the proper papers design for your state/city of your choosing. Look at the kind description to make sure you have chosen the correct kind. If readily available, make use of the Review switch to search throughout the papers design also.
- If you would like locate yet another edition in the kind, make use of the Search area to get the design that suits you and needs.
- After you have located the design you want, simply click Acquire now to proceed.
- Choose the rates strategy you want, key in your credentials, and sign up for an account on US Legal Forms.
- Comprehensive the deal. You should use your charge card or PayPal account to purchase the lawful kind.
- Choose the file format in the papers and down load it for your product.
- Make adjustments for your papers if required. You can comprehensive, change and sign and print out Massachusetts Participation Agreement between First American Ins. Portfolios, Inc., SEI Investments Distribution Co..
Down load and print out 1000s of papers web templates utilizing the US Legal Forms web site, that offers the greatest collection of lawful varieties. Use skilled and state-specific web templates to take on your small business or personal needs.