The West Virginia Participation Agreement between First American Ins. Portfolios, Inc. and SET Investments Distribution Co. is a legally binding document that outlines the terms and conditions of collaboration between the two entities. This agreement specifically relates to financial services, investment products, and distribution in the state of West Virginia. Key components of the West Virginia Participation Agreement include: 1. Parties Involved: The agreement clearly identifies the two parties involved, First American Ins. Portfolios, Inc. and SET Investments Distribution Co., establishing their roles and responsibilities. 2. Purpose: The agreement states the purpose of the collaboration, which is to offer investment products and services in the state of West Virginia. 3. Duration: The document specifies the duration of the agreement, outlining the start and end dates, as well as any provisions for renewal or termination. 4. Compliance: The West Virginia Participation Agreement ensures that both parties comply with all applicable laws, regulations, and licensing requirements enforced by the state of West Virginia. 5. Product Distribution: This agreement highlights the distribution rights and responsibilities of each party regarding investment products offered by First American Ins. Portfolios, Inc. SET Investments Distribution Co. receives the authorization to distribute these products in West Virginia, based on the terms outlined in the agreement. 6. Reporting and Compensation: The West Virginia Participation Agreement defines the reporting requirements and compensation structure for SET Investments Distribution Co., including any fees, commissions, or revenue-sharing arrangements. 7. Marketing and Advertising: The document may also include guidelines related to marketing and advertising materials and activities undertaken by either party, ensuring compliance with state regulations. Types of West Virginia Participation Agreement between First American Ins. Portfolios, Inc., SET Investments Distribution Co. may include: 1. Mutual Fund Distribution Agreement: This type of agreement specifically pertains to the distribution of mutual funds managed by First American Ins. Portfolios, Inc. in the state of West Virginia. It outlines the terms and conditions concerning the marketing, sales, and compensation related to mutual fund distribution. 2. Variable Annuity Distribution Agreement: This agreement focuses on the distribution of variable annuity products offered by First American Ins. Portfolios, Inc. and distributed by SET Investments Distribution Co. in West Virginia. It provides a detailed framework for sales, marketing, licensing, and compensation related to variable annuities. By having a comprehensive West Virginia Participation Agreement in place, both First American Ins. Portfolios, Inc. and SET Investments Distribution Co. can ensure a clear understanding of their rights, responsibilities, and obligations in the distribution of investment products within West Virginia.
West Virginia Participation Agreement between First American Ins. Portfolios, Inc., SEI Investments Distribution Co.
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