Obligations of Company. A. Company shall act in accordance with the terms of this Agreement and will pay Partner Agent a commission in accordance with Exhibit A (“Commission”) and a share of profits in accordance with Exhibit B (“Profit Sharing” which, together with “Commission”, is the “Compensation”) attached hereto and referenced herein. Partner Agent shall be responsible for paying any compensation due to its sub producers. B. Company shall provide for the payment of all excise taxes, premium taxes (except surplus lines taxes) and assessments; C. Company shall appoint Partner Agent as required by various state laws and regulations; D. Company will develop and maintain Company System.
Appears in 11 contracts
Samples: Partner Agent Program Agreement (Specialty Underwriters Alliance, Inc.), Partner Agent Program Agreement (Specialty Underwriters Alliance, Inc.), Partner Agent Program Agreement (Specialty Underwriters Alliance, Inc.)
