Bexar Texas Distribution Agreement regarding contracts being sold and distributed through Broker or Dealer

• Category: Corporations - Public - Distribution
• State: Multi-State
• County: Bexar
• Control #: US-EG-9401
• Format: Word; Rich Text

Description

Principal Distribution Agreement between AFSG Securities Corporation and PFL Life Insurance Company regarding contracts being sold and distributed through Broker/Dealer dated October 11, 1999. 5 pages. Bexar Texas Distribution Agreement is a legal document that outlines the terms and conditions for selling and distributing contracts through brokers or dealers. This agreement sets forth the rights and responsibilities of all parties involved, ensuring a fair and mutually beneficial business relationship. There are several types of Bexar Texas Distribution Agreements that can be utilized when contracts are being sold and distributed through brokers or dealers. Some common types include: 1. Exclusive Distribution Agreement: This type of agreement grants the broker or dealer the exclusive rights to sell and distribute the contracts within a specific geographical territory or market segment. In return, the broker or dealer commits to meet certain sales targets and actively promote the contracts. 2. Non-Exclusive Distribution Agreement: Unlike an exclusive agreement, a non-exclusive distribution agreement allows multiple brokers or dealers to sell and distribute the contracts. This type of agreement offers more flexibility and allows for wider market reach, as different brokers or dealers can target different customer segments. 3. Agency Distribution Agreement: This agreement establishes an agency relationship between the contract provider and the broker or dealer. The broker or dealer acts as an agent, selling and distributing the contracts on behalf of the provider. The agent may receive a commission based on the sales or a fixed fee for each contract sold. 4. Wholesale Distribution Agreement: In a wholesale agreement, the broker or dealer purchases the contracts at a discounted price from the provider and assumes the responsibility of distributing and selling them to end customers. The broker or dealer can then set their own retail prices and margins. 5. Sub-Distribution Agreement: This type of agreement allows the broker or dealer to appoint sub-distributors who can further promote and sell the contracts. The sub-distributors operate under the authority and guidance of the primary broker or dealer. Regardless of the specific type, a Bexar Texas Distribution Agreement typically covers essential aspects such as pricing, payment terms, delivery logistics, intellectual property rights, termination conditions, and dispute resolution procedures. It is crucial for all parties involved to carefully review and negotiate the agreement to ensure the terms and conditions are fair and protect their respective interests.

Bexar Texas Distribution Agreement is a legal document that outlines the terms and conditions for selling and distributing contracts through brokers or dealers. This agreement sets forth the rights and responsibilities of all parties involved, ensuring a fair and mutually beneficial business relationship. There are several types of Bexar Texas Distribution Agreements that can be utilized when contracts are being sold and distributed through brokers or dealers. Some common types include: 1. Exclusive Distribution Agreement: This type of agreement grants the broker or dealer the exclusive rights to sell and distribute the contracts within a specific geographical territory or market segment. In return, the broker or dealer commits to meet certain sales targets and actively promote the contracts. 2. Non-Exclusive Distribution Agreement: Unlike an exclusive agreement, a non-exclusive distribution agreement allows multiple brokers or dealers to sell and distribute the contracts. This type of agreement offers more flexibility and allows for wider market reach, as different brokers or dealers can target different customer segments. 3. Agency Distribution Agreement: This agreement establishes an agency relationship between the contract provider and the broker or dealer. The broker or dealer acts as an agent, selling and distributing the contracts on behalf of the provider. The agent may receive a commission based on the sales or a fixed fee for each contract sold. 4. Wholesale Distribution Agreement: In a wholesale agreement, the broker or dealer purchases the contracts at a discounted price from the provider and assumes the responsibility of distributing and selling them to end customers. The broker or dealer can then set their own retail prices and margins. 5. Sub-Distribution Agreement: This type of agreement allows the broker or dealer to appoint sub-distributors who can further promote and sell the contracts. The sub-distributors operate under the authority and guidance of the primary broker or dealer. Regardless of the specific type, a Bexar Texas Distribution Agreement typically covers essential aspects such as pricing, payment terms, delivery logistics, intellectual property rights, termination conditions, and dispute resolution procedures. It is crucial for all parties involved to carefully review and negotiate the agreement to ensure the terms and conditions are fair and protect their respective interests.