Common use of For Other Items of Mutual Agreement Clause in Contracts

For Other Items of Mutual Agreement. The Agent is to have the privilege of re-writing any insurance, at competitive rates, on the property expiring during the life of this contract, but will not be held responsible for the writing of said insurance. A company of comparable rating must be used. The Owner understands that the Agent is directly involved as a partner in a full-line insurance agency. At the Owner’s direction, the Agent will secure competitive bids yearly.