The New Mexico Wholesale Agreement is a contractual arrangement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP. This agreement is designed to facilitate the wholesale distribution of financial products and services in the state of New Mexico. The agreement serves as a framework for the collaboration and cooperation between the aforementioned entities in providing wholesale investment and insurance solutions to financial advisors, brokers, and other intermediaries operating in New Mexico. Under this agreement, Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP mutually agree to the terms and conditions governing the wholesale distribution of their products and services. It defines the roles, responsibilities, and respective obligations of each party involved. This particular wholesale agreement may contain various types of arrangements and provisions. Some potential variations or types of New Mexico Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP may include: 1. Distribution and Marketing Agreement: This type of agreement outlines the specific terms related to the distribution and marketing of financial products and services offered by these entities in New Mexico. It may lay down guidelines regarding branding, advertising, promotional activities, and sales support. 2. Compensation Agreement: This type of agreement may detail the compensation structure for financial advisors or intermediaries involved in promoting and selling the products and services. It specifies the commissions, fees, or other forms of compensation that will be provided to these intermediaries based on the wholesale distribution of products. 3. Compliance and Regulatory Agreement: Given the highly regulated nature of the financial industry, this type of agreement focuses on compliance and regulatory requirements. It ensures that all parties involved adhere to relevant federal and state laws, regulations, and industry standards in their wholesale distribution activities. 4. Service Level Agreement: This type of agreement defines the service levels and standards that each party should meet to ensure efficient and effective wholesale distribution. It may include provisions related to customer support, order processing, problem resolution, and overall service quality. 5. Term and Termination Agreement: This agreement outlines the duration or term of the partnership, along with provisions for termination or renewal. It may contain conditions under which the agreement can be terminated, such as breach of contract, insolvency, or non-performance. These are just a few potential types of New Mexico Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP. The specific agreement or agreements entered into by these entities may differ based on their business objectives, product offerings, and the legal requirements of the state of New Mexico.
New Mexico Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp. and Delaware Distributors, LP
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