A Wisconsin Distribution Agreement is a legally binding contract between First American Insurance Portfolios, Inc. and SET Financial Services Company that outlines the terms and conditions of their distribution relationship within the state of Wisconsin. This agreement serves as a framework for the parties involved to establish how insurance products or financial services will be distributed, marketed, and sold in Wisconsin. Keywords: Wisconsin, Distribution Agreement, First American Insurance Portfolios, Inc., SET Financial Services Company, insurance products, financial services, distribution relationship, terms and conditions, marketing, sales. There can be different types or variations of Wisconsin Distribution Agreements between First American Insurance Portfolios, Inc. and SET Financial Services Company, depending on the specifics of the arrangement. Some common types are: 1. Exclusive Distribution Agreement: This type of agreement grants First American Insurance Portfolios, Inc. the exclusive right to distribute its insurance products or financial services through SET Financial Services Company in Wisconsin. It prohibits SET Financial Services Company from partnering with or promoting the products/services of any other insurance providers. 2. Non-Exclusive Distribution Agreement: In this type of agreement, First American Insurance Portfolios, Inc. allows SET Financial Services Company to distribute its insurance products or financial services in Wisconsin. However, SET Financial Services Company is not restricted from collaborating with other insurance providers in the state. 3. Territory-Specific Distribution Agreement: This variant of the Wisconsin Distribution Agreement specifies a particular geography within Wisconsin where First American Insurance Portfolios, Inc. products or services will be distributed exclusively through SET Financial Services Company. Outside this designated territory, other distribution channels may be utilized. 4. Limited-Time Distribution Agreement: This type of agreement establishes a fixed period during which SET Financial Services Company is authorized to distribute First American Insurance Portfolios, Inc. products or services in Wisconsin. At the end of the agreed-upon time frame, the agreement may be renewed, terminated, or renegotiated. 5. Product-Specific Distribution Agreement: This variant focuses on a specific type or line of insurance products or financial services offered by First American Insurance Portfolios, Inc. It outlines the terms and conditions for the distribution and promotion of only those designated products or services through SET Financial Services Company in Wisconsin. It is essential for both parties to consult legal counsel when drafting a Wisconsin Distribution Agreement to ensure that all relevant laws and regulations are adhered to, and that the agreement accurately reflects the intentions and obligations of both First American Insurance Portfolios, Inc. and SET Financial Services Company in their distribution relationship within Wisconsin.
Wisconsin Distribution Agreement between First American Insurance Portfolios, Inc. and SEI Financial Services Company
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