Nassau New York Distribution Agreement between First American Insurance Portfolios, Inc. and SEI Financial Services Company

• Category: Corporations - Public - Distribution
• State: Multi-State
• County: Nassau
• Control #: US-EG-9187
• Format: Word; Rich Text

Description

Distribution Agreement between First American Insurance Portfolios, Inc. and SEI Financial Services Company dated December 8, 1999. 9 pages Nassau New York Distribution Agreement between First American Insurance Portfolios, Inc. and SET Financial Services Company is a comprehensive and strategic partnership established to enhance the distribution of insurance products in Nassau, New York. This agreement encompasses various types of distribution agreements, namely the exclusive distribution agreement, non-exclusive distribution agreement, and joint venture distribution agreement. The exclusive distribution agreement between First American Insurance Portfolios, Inc. and SET Financial Services Company grants SET Financial Services Company exclusive rights to distribute and market First American Insurance Portfolios, Inc.'s products in Nassau, New York. Under this agreement, SET Financial Services Company becomes the sole distributor of these insurance products and holds the responsibility of promoting them, managing customer relationships, and driving sales in the target market. On the other hand, the non-exclusive distribution agreement establishes a mutually beneficial relationship between the two companies, allowing both First American Insurance Portfolios, Inc. and SET Financial Services Company to independently pursue distribution opportunities in Nassau, New York. This agreement grants SET Financial Services Company the freedom to offer other insurance products alongside those of First American Insurance Portfolios, Inc., while still receiving support and assistance from First American Insurance Portfolios, Inc. in terms of training, marketing materials, and other resources. Lastly, the joint venture distribution agreement refers to a partnership formed between First American Insurance Portfolios, Inc. and SET Financial Services Company, wherein both companies pool their resources, expertise, and brand reputation to create a separate business entity. Through this agreement, the joint venture entity is responsible for the distribution and marketing of insurance products in Nassau, New York, while First American Insurance Portfolios, Inc. and SET Financial Services Company share ownership and decision-making authority in proportion to their contributions. These various types of distribution agreements enable First American Insurance Portfolios, Inc. and SET Financial Services Company to expand their reach and tap into the lucrative Nassau, New York market. By leveraging each other's strengths and resources, both companies can effectively distribute insurance products while ensuring customer satisfaction and maximizing profitability.

Nassau New York Distribution Agreement between First American Insurance Portfolios, Inc. and SET Financial Services Company is a comprehensive and strategic partnership established to enhance the distribution of insurance products in Nassau, New York. This agreement encompasses various types of distribution agreements, namely the exclusive distribution agreement, non-exclusive distribution agreement, and joint venture distribution agreement. The exclusive distribution agreement between First American Insurance Portfolios, Inc. and SET Financial Services Company grants SET Financial Services Company exclusive rights to distribute and market First American Insurance Portfolios, Inc.'s products in Nassau, New York. Under this agreement, SET Financial Services Company becomes the sole distributor of these insurance products and holds the responsibility of promoting them, managing customer relationships, and driving sales in the target market. On the other hand, the non-exclusive distribution agreement establishes a mutually beneficial relationship between the two companies, allowing both First American Insurance Portfolios, Inc. and SET Financial Services Company to independently pursue distribution opportunities in Nassau, New York. This agreement grants SET Financial Services Company the freedom to offer other insurance products alongside those of First American Insurance Portfolios, Inc., while still receiving support and assistance from First American Insurance Portfolios, Inc. in terms of training, marketing materials, and other resources. Lastly, the joint venture distribution agreement refers to a partnership formed between First American Insurance Portfolios, Inc. and SET Financial Services Company, wherein both companies pool their resources, expertise, and brand reputation to create a separate business entity. Through this agreement, the joint venture entity is responsible for the distribution and marketing of insurance products in Nassau, New York, while First American Insurance Portfolios, Inc. and SET Financial Services Company share ownership and decision-making authority in proportion to their contributions. These various types of distribution agreements enable First American Insurance Portfolios, Inc. and SET Financial Services Company to expand their reach and tap into the lucrative Nassau, New York market. By leveraging each other's strengths and resources, both companies can effectively distribute insurance products while ensuring customer satisfaction and maximizing profitability.