system: You are a contract-analysis assistant performing a span-extraction task. You are given an excerpt from a commercial contract and the name of a clause type to locate within it.

Return the exact text of the requested clause, copied verbatim from the excerpt — identical wording and punctuation, with no paraphrasing, summarising, explanation, or added commentary.

The excerpt is one window of a much longer contract and often will not contain the requested clause. If the requested clause does not appear in this excerpt, respond with exactly: Not found.

Output only the extracted clause text, or the exact string `Not found.` — nothing else.

user: Contract excerpt:
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BROKER DEALER MARKETING AND SERVICING AGREEMENT FOR VARIABLE ANNUITY CONTRACTS This Broker Dealer Marketing and Servicing Agreement for Variable Annuity Contracts (the "Agreement") is effective this ______ day of ________________, 2013, by and among Principal Life Insurance Company ("Issuer") and Princor Financial Services Corporation ("Distributor"), on the one hand, and _______________________ and its duly licensed insurance affiliates indicated on the signature page of this Agreement, if any, (collectively "Broker Dealer"), on the other hand. Distributor, Issuer and Broker Dealer are individually referred to as a "Party" and collectively as the "Parties" RECITALS A. Issuer offers certain individual variable annuity contracts listed in the exhibit(s) attached to this Agreement B. Distributor is a broker dealer registered with the Securities and Exchange Commission (the "SEC") under C. Broker Dealer is engaged in the sale of securities and other investment products, including variable annuity D. The Parties enter into this Agreement for the purpose of authorizing Broker Dealer to solicit sales of and NOW THEREFORE, in consideration of the mutual promises and covenants contained in this Agreement, the receipt and sufficiency of which the Parties acknowledge, the Parties agree as follows: REPRESENTATIONS 1. Issuer represents that the Annuity Contracts shall comply with the registration and other applicable requirements of the Securities Act of 1933 (the "1933 Act") and the Investment Company Act of 1940 (the "40 Act") and the rules and regulations thereunder, including the terms of any order of the SEC with respect thereto. Issuer further represents that the Annuity Contract prospectuses included in Issuer's registration statement, post-effective amendments, and any supplements thereto, as filed or to be filed with the SEC, as of their respective effective dates, contain or will contain all statements and information required to be stated therein by the 1933 Act and in all respects conform or will conform to the requirements thereof, and no prospectus, nor any supplement thereof, includes or will include any untrue statement of a material fact, or omits or will omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading; provided, however, that the foregoing representations shall not apply to information contained in or omitted from any prospectus or supplement in reliance upon and in conformity with written information furnished to Issuer by Broker Dealer specifically for use in preparation thereof. The foregoing representations also shall not apply to information contained in or omitted from any prospectus or supplement of any underlying mutual fund. ("Annuity Contracts"). The exhibit(s) attached to this Agreement are incorporated herein by reference and made a part hereof ("Exhibits"). the Securities and Exchange Act of 1934, as amended, (the "1934 Act") and a member in good standing of the Financial Industry Regulatory Authority, Inc. ("FINRA"). Distributor is the principal underwriter of the Annuity Contracts. contracts. Broker Dealer either is licensed in certain states as an insurance agent or agency or has entered into an insurance networking agreement with the undersigned duly licensed insurance affiliates to act on its behalf in the capacity of a licensed insurance agent or agency. service Annuity Contracts, subjects to the terms and conditions set forth in this Agreement and the Exhibits. 2 . Broker Dealer represents and warrants that it is a broker dealer registered with the SEC under the 1934 Act, a member in good standing of FINRA, and is registered as a broker dealer under state law to the extent required in order for it or those persons who are registered with it and licensed as insurance producers ("Registered Representatives") to provide the services described in this Agreement. Broker Dealer agrees to abide by all rules and regulations of FINRA, including its Conduct Rules, and to comply with all applicable state and federal laws and the rules and regulations of authorized regulatory agencies affecting the sale and servicing of Annuity Contracts. MARKETING/SERVICING 3 . Issuer and Distributor appoint Registered Representatives to solicit and procure applications for the sale of and service of Annuity Contracts. This appointment is not exclusive and only extends to those jurisdictions in which the Annuity Contracts have been approved for sale and in which Broker Dealer and Registered Representatives are properly registered, licensed and appointed. 4 . Broker Dealer will itself be, or will select persons associated with it who are, trained and qualified to solicit applications for purchase and service of Annuity Contracts in conformance with applicable state and federal laws. Any such persons shall be registered representatives of Broker Dealer in accordance with the rules of
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Extract the exact clause related to "Renewal Term" from the excerpt above.

assistant: Not found.