Annualization Addentum to General Agent's or General Producer's Agreement

Annualization Addentum to General Agent's or General Producer's Agreement

This Annualization Addendum to General Agent’s or General Producer’s Agreement (the “Addendum”) is made as of the

 

day of

by and between Fidelity & Guaranty Life Insurance Company (the “Company”) and

 

(“you,” “your,” or “yours”).

You and the Company agree that this Addendum will modify your General Agent’s or General Producer’s Agreement dated

 

(the “Agreement”) as follows:

  1. Subject to the terms of the Agreement and this Addendum, the Company agrees to pay you, upon issuance of the policy, an initial commission(s) in the following percentage amount(s)

of the first year commission shown on your Compensation Schedule for all authorized life insurance policies sold by you (the “initial commission”). The balance of the first year commission shown on the Compensation Schedule, if any, shall be paid on an earned basis upon the Company’s receipt of the premium in months 10, 11 and 12 of the first year of the policy.

 

Read bulletpoints 2 - 12.

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Fidelity & Guaranty Life Insurance Company

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Instructions for Completing Fidelity & Guaranty Life Insurance Company's Annualization Addendum