E & O Insurance. E & O insurance will be purchased by Xxxxxx Strategy Realty, Inc. and only Xxxxx Xxxxxx, CEO can approve and negotiate the E & O insurance contract. It should be noted in the event litigation and or lawsuit each agent as noted in the litigation documents will be responsible to pay for the deductible of the E & O Insurance, with a maximum of $1,000 for the deductible claim and any costs attributed to the lawsuit. Agent acknowledges that if it is determined that Agent acted fraudulently, grossly or recklessly negligent, or willfully committed fraud; Agent shall be responsible for the full amount of the damages and costs recovered against Company, along with all costs of defense. This language in no way limits the liability of Agent to Company. $99 per sign: Approval $26 per sign: Approval $35 per sign: Approval $35 per listing: Approval
Appears in 4 contracts
Samples: Independent Agent Contractor Agreement, Independent Agent Contractor Agreement, Independent Agent Contractor Agreement
