Assigning Plan Contracts Sample Clauses

Assigning Plan Contracts. You may “sell” or assign Your “book” of Trust Plans to another authorized Trust producer, subject to Our prior written consent (which will not be unreasonably withheld), by notifying Us in writing of the date of the sale or assignment. We will pay the new producer the commissions We had paid You on the Plan contracts being sold or assigned, subject to the requirements of Paragraph 13. If You sell or assign a Plan to another authorized Trust producer, the new producer will be the Plan holder’s producer of record. Except as set forth in this paragraph, You may not sell or assign this Agreement, Plan contracts or Your commissions.
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Related to Assigning Plan Contracts

  • Assumed Contracts The term "Assumed Contracts" shall have the meaning set forth in Section 2.1(e).

  • Subcontracts The contractor or subcontractor shall insert in any subcontracts the clauses set forth in paragraph (1.) through (4.) of this section and also a clause requiring the subcontractors to include these clauses in any lower tier subcontracts. The prime contractor shall be responsible for compliance by any subcontractor or lower tier subcontractor with the clauses set forth in paragraphs (1.) through (4.) of this section.

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