OWNERSHIP OF EXPIRATIONS. 8.01 During the term of this Agreement and upon termination pursuant to Section 9.01, the Producer’s Records, together with the use, control, and ownership of expirations applicable to any insurance placed or arranged by or through Provider (the “Expiration”) will remain the Producer’s property. If upon termination of this Agreement, there are undisputed amounts owed to Xxxx by Producer, then Xxxx or the applicable Provider may provide written notice to Producer of such amount owed. If any such amounts are not remitted to Xxxx or the applicable Provider within thirty (30) days’ following provision of such notice, then the use and control of the Expirations shall vest in Xxxx to the extent necessary for Xxxx to recover such undisputed amounts owed.
Appears in 4 contracts
Samples: National Producer Agreement, National Producer Agreement, National Producer Agreement
