Puerto Rico Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp. and Delaware Distributors, LP

• Category: Corporations - Public - Agreements
• State: Multi-State
• Control #: US-EG-9361
• Format: Word; Rich Text

Description

Wholesale Agreement between Lincoln Life and Annuity Company of New York, Lincoln Financial Advisors Corporation and Delaware Distributors, LP regarding the establishment of an arrangement for company to act as a wholesaler for variable annuity and The Puerto Rico 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 outlines the terms and conditions under which these entities will engage in wholesale distribution activities within Puerto Rico. One type of Puerto Rico Wholesale Agreement between these parties is the Strategic Partnership Agreement. This agreement establishes a framework for collaboration and cooperation in wholesale distribution efforts, allowing for a more streamlined and efficient distribution process. It specifies the roles and responsibilities of each entity, ensuring a coordinated approach to serving clients in Puerto Rico. Another type of Puerto Rico Wholesale Agreement is the Territory Expansion Agreement. This agreement focuses on expanding the reach of wholesale distribution services provided by Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP in Puerto Rico. It outlines the plans for increasing market presence, expanding product offerings, and enhancing customer support in the region. The Puerto Rico Wholesale Agreement also includes provisions for sales and marketing support. These agreements allocate resources and establish mutually beneficial strategies to promote the distribution of Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP products in Puerto Rico. This may involve joint advertising campaigns, training programs for advisors, and coordinated sales events to enhance brand visibility and product awareness. Additionally, the Puerto Rico Wholesale Agreement may address compliance and regulatory matters. The parties involved undertake to abide by all applicable laws, regulations, and licensing requirements in Puerto Rico. This ensures that the wholesale distribution activities are conducted in a manner compliant with local regulations and in the best interest of the clients and investors. Overall, the Puerto Rico Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP serves to establish a strategic and collaborative partnership focused on expanding and enhancing wholesale distribution services in Puerto Rico. It enables these entities to effectively serve clients, deepen market reach, and provide comprehensive financial solutions in this region.

The Puerto Rico 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 outlines the terms and conditions under which these entities will engage in wholesale distribution activities within Puerto Rico. One type of Puerto Rico Wholesale Agreement between these parties is the Strategic Partnership Agreement. This agreement establishes a framework for collaboration and cooperation in wholesale distribution efforts, allowing for a more streamlined and efficient distribution process. It specifies the roles and responsibilities of each entity, ensuring a coordinated approach to serving clients in Puerto Rico. Another type of Puerto Rico Wholesale Agreement is the Territory Expansion Agreement. This agreement focuses on expanding the reach of wholesale distribution services provided by Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP in Puerto Rico. It outlines the plans for increasing market presence, expanding product offerings, and enhancing customer support in the region. The Puerto Rico Wholesale Agreement also includes provisions for sales and marketing support. These agreements allocate resources and establish mutually beneficial strategies to promote the distribution of Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP products in Puerto Rico. This may involve joint advertising campaigns, training programs for advisors, and coordinated sales events to enhance brand visibility and product awareness. Additionally, the Puerto Rico Wholesale Agreement may address compliance and regulatory matters. The parties involved undertake to abide by all applicable laws, regulations, and licensing requirements in Puerto Rico. This ensures that the wholesale distribution activities are conducted in a manner compliant with local regulations and in the best interest of the clients and investors. Overall, the Puerto Rico Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP serves to establish a strategic and collaborative partnership focused on expanding and enhancing wholesale distribution services in Puerto Rico. It enables these entities to effectively serve clients, deepen market reach, and provide comprehensive financial solutions in this region.