Common use of Agent Commissions Clause in Contracts

Agent Commissions. The Exchange’s intent is to pay market level broker and general agentAgent commissions. In order to facilitate the Exchange’s ability to administer enrollment in Covered California for Small Business based on efforts that are consistent for non-Exchange products and to achieve consistency in compensation arrangement for products sold inside and outside the Exchange: (i) the Exchange shall enter into arrangements with agentAgents to sell Contractor’s QHPs through Covered California for Small Business, (ii) the Exchange will be responsible for payment of agentAgents, (iii) the Exchange will provide Enrollee specific and agentAgent-specific information to Contractor regarding commissions paid, and (iv) Contractor will reimburse the Exchange for the Exchange’s payment of a standard agentAgent commission through the Exchange’s offset of agentAgent commissions owing to the Exchange from the Covered California for Small Business premiums collected by the Exchange, as such offset shall be performed in accordance with the offset procedures set forth at Section 5.1.3 and 5.2.2.

Appears in 2 contracts

Samples: Qualified Health Plan Issuer Contract, Qualified Health Plan Issuer Contract

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Agent Commissions. The Exchange’s Exchange¶s intent is to pay market level broker and general agentAgent aAgent commissions. In order to facilitate the Exchange’s Exchange¶s ability to administer enrollment in Covered California for Small Business based on efforts that are consistent for non-Exchange products and to achieve consistency in compensation arrangement for products sold inside and outside the Exchange: (i) the Exchange shall enter into arrangements with agentAgents aAgents to sell Contractor’s QHPs Contractor¶sQDPs through Covered California for Small Business, (ii) the Exchange will be responsible for payment of agentAgentsaAgents, (iii) the Exchange will provide Enrollee specific and agentAgentaAgent-specific information to Contractor regarding commissions paid, and (iv) Contractor will reimburse the Exchange for the Exchange’s Exchange¶s payment of a standard agentAgent aAgent commission through the Exchange’s Exchange¶s offset of agentAgent aAgent commissions owing to the Exchange from the Covered California for Small Business premiums collected by the Exchange, as such offset shall be performed in accordance with the offset procedures set forth at Section 5.1.3 and 5.2.2.

Appears in 1 contract

Samples: Qualified Dental Plan Issuer Contract

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Agent Commissions. The Exchange’s intent is to pay market level broker and general agentAgent aAgent commissions. In order to facilitate the Exchange’s ability to administer enrollment in Covered California for Small Business based on efforts that are consistent for non-Exchange products and to achieve consistency in compensation arrangement for products sold inside and outside the Exchange: (i) the Exchange shall enter into arrangements with agentAgents aAgents to sell Contractor’s QHPs QDPs through Covered California for Small Business, (ii) the Exchange will be responsible for payment of agentAgentsaAgents, (iii) the Exchange will provide Enrollee specific and agentAgentaAgent-specific information to Contractor regarding commissions paid, and (iv) Contractor will reimburse the Exchange for the Exchange’s payment of a standard agentAgent aAgent commission through the Exchange’s offset of agentAgent aAgent commissions owing to the Exchange from the Covered California for Small Business premiums collected by the Exchange, as such offset shall be performed in accordance with the offset procedures set forth at Section 5.1.3 and 5.2.2.

Appears in 1 contract

Samples: Qualified Dental Plan Issuer Contract

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