The Nevada Wholesale Agreement is an important legal document that outlines the terms and conditions of the partnership between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP. This agreement sets out the guidelines for the wholesale distribution of financial products and services in the state of Nevada. One type of Nevada Wholesale Agreement between these entities is the Sales and Distribution Agreement. This agreement focuses on the distribution channel and defines the roles and responsibilities of each party involved. It covers sales, marketing, and promotional activities, as well as the compensation structure for the wholesale distribution of financial products. Another type of Nevada Wholesale Agreement is the Licensing Agreement. This agreement grants the right to Delaware Distributors, LP to use the intellectual property, trademarks, and logos of Lincoln Life and Annuity Co. of New York and Lincoln Financial Advisors Corp. It ensures proper brand representation for the wholesale distribution of financial products in Nevada. The Nevada Wholesale Agreement also includes provisions for compliance and regulatory requirements. The agreement outlines the obligations of each party to adhere to all applicable laws and regulations governing the distribution of financial products in Nevada. This ensures that all parties operate within the legal framework and strive for ethical practices. Furthermore, the agreement may include provisions for confidentiality and non-disclosure. This safeguards any sensitive or proprietary information shared between the parties during the course of the wholesale distribution partnership. It ensures that the intellectual property and trade secrets of each entity are protected. In conclusion, the Nevada Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP establishes the framework for wholesale distribution activities in Nevada. It encompasses various types of agreements such as Sales and Distribution Agreements and Licensing Agreements, aiming to promote compliant, ethical, and successful wholesale distribution of financial products in the state.
Nevada Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp. and Delaware Distributors, LP
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