Common use of Producer Service Fee Clause in Contracts

Producer Service Fee. The Contractholder has selected and entered into an agreement with Xxxxxx Insurance (“Producer”), under which the Producer has agreed to provide consulting services to the Contractholder in connection with the Contractholder’s Plan(s) (the “Service Agreement”), in return for payment from the Contractholder of compensation negotiated directly between the Contractholder and the Producer (the “Fee”). Blue Shield is not a party to the Service Agreement. The Contractholder requests that Blue Shield receive from the Contractholder and pay to the Producer certain amounts comprising payment for the Producer’s services under the Service Agreement (the “Pass-Through Arrangement” or “Arrangement”). 1. Blue Shield Duties and Responsibilities: a. Blue Shield agrees to accept from the Contractholder payment of the monthly Fee amount with the Contractholder’s payment of Blue Shield’s monthly Premium invoice to the Contractholder. b. Blue Shield will forward the Fee to the Producer within 30 days of receipt of the Fee from the Contractholder. c. Blue Shield will provide to the Contractholder a summary of the aggregate Fee paid by Blue Shield on behalf of the Contractholder to the Producer for each Calendar Year within 15 business days following the end of such Calendar Year. d. Blue Shield is not responsible for determining or confirming the correctness of any information provided by the Contractholder, including the amount of the Fee or the name or other payment information of the Producer to whom the Fee is to be paid; rather, Blue Shield is responsible only for the ministerial functions of receiving payment of the Fee and forwarding such payment to the Producer. 2. The Contractholder Duties and Responsibilities: a. The Contractholder acknowledges and agrees that the Fee is not a part of the Premium charged to the Contractholder by Blue Shield, that using the Producer or any other agent or broker is not a requirement for the Contractholder to obtain coverage from Blue Shield and the Contractholder may obtain insurance policies directly from Blue Shield, and that the Contractholder, and not Blue Shield owes and is fully responsible to the Producer for the Fee. b. The Contractholder agrees to pay the Fee at the same time payment is made for the Premium for Blue Shield coverages. c. The Contractholder will notify Blue Shield immediately if the Service Agreement between the Contractholder and the Producer is terminated. d. The Contractholder will be responsible for any and all tax reporting related to the payment of the Fee to the Producer, including Form 1099s, if required.

Appears in 4 contracts

Samples: Group Health Service Contract, Group Health Service Contract, Group Health Service Contract

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Producer Service Fee. The Contractholder has selected and entered into an agreement with Xxxxxx Insurance Xxxxx Xxxxx (“Producer”), under which the Producer has agreed to provide consulting services to the Contractholder in connection with the Contractholder’s Plan(s) (the “Service Agreement”), in return for payment from the Contractholder of compensation negotiated directly between the Contractholder and the Producer (the “Fee”). Blue Shield is not a party to the Service Agreement. The Contractholder requests that Blue Shield receive from the Contractholder and pay to the Producer certain amounts comprising payment for the Producer’s services under the Service Agreement (the “Pass-Through Arrangement” or “Arrangement”). 1. Blue Shield Duties and Responsibilities: a. Blue Shield agrees to accept from the Contractholder payment of the monthly Fee amount with the Contractholder’s payment of Blue Shield’s monthly Premium invoice to the Contractholder. b. Blue Shield will forward the Fee to the Producer within 30 days of receipt of the Fee from the Contractholder. c. Blue Shield will provide to the Contractholder a summary of the aggregate Fee paid by Blue Shield on behalf of the Contractholder to the Producer for each Calendar Year within 15 business days following the end of such Calendar Year. d. Blue Shield is not responsible for determining or confirming the correctness of any information provided by the Contractholder, including the amount of the Fee or the name or other payment information of the Producer to whom the Fee is to be paid; rather, Blue Shield is responsible only for the ministerial functions of receiving payment of the Fee and forwarding such payment to the Producer. 2. The Contractholder Duties and Responsibilities: a. The Contractholder acknowledges and agrees that the Fee is not a part of the Premium charged to the Contractholder by Blue Shield, that using the Producer or any other agent or broker is not a requirement for the Contractholder to obtain coverage from Blue Shield and the Contractholder may obtain insurance policies directly from Blue Shield, and that the Contractholder, and not Blue Shield owes and is fully responsible to the Producer for the Fee. b. The Contractholder agrees to pay the Fee at the same time payment is made for the Premium for Blue Shield coverages. c. The Contractholder will notify Blue Shield immediately if the Service Agreement between the Contractholder and the Producer is terminated. d. The Contractholder will be responsible for any and all tax reporting related to the payment of the Fee to the Producer, including Form 1099s, if required.

Appears in 4 contracts

Samples: Group Health Service Contract, Group Health Service Contract, Group Health Service Contract

Producer Service Fee. The Contractholder has selected and entered into an agreement with Xxxxxx Xxxxx & McLennan Insurance Agency LLC (“Producer”), under which the Producer has agreed to provide consulting services to the Contractholder in connection with the Contractholder’s Plan(s) (the “Service Agreement”), in return for payment from the Contractholder of compensation negotiated directly between the Contractholder and the Producer (the “Fee”). Blue Shield is not a party to the Service Agreement. The Contractholder requests that Blue Shield receive from the Contractholder and pay to the Producer certain amounts comprising payment for the Producer’s services under the Service Agreement (the “Pass-Through Arrangement” or “Arrangement”). 1. Blue Shield Duties and Responsibilities: a. Blue Shield agrees to accept from the Contractholder payment of the monthly Fee amount with the Contractholder’s payment of Blue Shield’s monthly Premium invoice to the Contractholder. b. Blue Shield will forward the Fee to the Producer within 30 days of receipt of the Fee from the Contractholder. c. Blue Shield will provide to the Contractholder a summary of the aggregate Fee paid by Blue Shield on behalf of the Contractholder to the Producer for each Calendar Year within 15 business days following the end of such Calendar Year. d. Blue Shield is not responsible for determining or confirming the correctness of any information provided by the Contractholder, including the amount of the Fee or the name or other payment information of the Producer to whom the Fee is to be paid; rather, Blue Shield is responsible only for the ministerial functions of receiving payment of the Fee and forwarding such payment to the Producer. 2. The Contractholder Duties and Responsibilities: a. The Contractholder acknowledges and agrees that the Fee is not a part of the Premium charged to the Contractholder by Blue Shield, that using the Producer or any other agent or broker is not a requirement for the Contractholder to obtain coverage from Blue Shield and the Contractholder may obtain insurance policies directly from Blue Shield, and that the Contractholder, and not Blue Shield owes and is fully responsible to the Producer for the Fee. b. The Contractholder agrees to pay the Fee at the same time payment is made for the Premium for Blue Shield coverages. c. The Contractholder will notify Blue Shield immediately if the Service Agreement between the Contractholder and the Producer is terminated. d. The Contractholder will be responsible for any and all tax reporting related to the payment of the Fee to the Producer, including Form 1099s, if required.

Appears in 4 contracts

Samples: Group Health Service Contract, Group Health Service Contract, Group Health Service Contract

Producer Service Fee. The Contractholder has selected and entered into an agreement with Xxxxxx Insurance USI California Ins Services (“Producer”), under which the Producer has agreed to provide consulting services to the Contractholder in connection with the Contractholder’s Plan(s) (the “Service Agreement”), in return for payment from the Contractholder of compensation negotiated directly between the Contractholder and the Producer (the “Fee”). Blue Shield is not a party to the Service Agreement. The Contractholder requests that Blue Shield receive from the Contractholder and pay to the Producer certain amounts comprising payment for the Producer’s services under the Service Agreement (the “Pass-Through Arrangement” or “Arrangement”). 1. Blue Shield Duties and Responsibilities: a. Blue Shield agrees to accept from the Contractholder payment of the monthly Fee amount with the Contractholder’s payment of Blue Shield’s monthly Premium invoice to the Contractholder. b. Blue Shield will forward the Fee to the Producer within 30 days of receipt of the Fee from the Contractholder. c. Blue Shield will provide to the Contractholder a summary of the aggregate Fee paid by Blue Shield on behalf of the Contractholder to the Producer for each Calendar Year within 15 business days following the end of such Calendar Year. d. Blue Shield is not responsible for determining or confirming the correctness of any information provided by the Contractholder, including the amount of the Fee or the name or other payment information of the Producer to whom the Fee is to be paid; rather, Blue Shield is responsible only for the ministerial functions of receiving payment of the Fee and forwarding such payment to the Producer. 2. The Contractholder Duties and Responsibilities: a. The Contractholder acknowledges and agrees that the Fee is not a part of the Premium charged to the Contractholder by Blue Shield, that using the Producer or any other agent or broker is not a requirement for the Contractholder to obtain coverage from Blue Shield and the Contractholder may obtain insurance policies directly from Blue Shield, and that the Contractholder, and not Blue Shield owes and is fully responsible to the Producer for the Fee. b. The Contractholder agrees to pay the Fee at the same time payment is made for the Premium for Blue Shield coverages. c. The Contractholder will notify Blue Shield immediately if the Service Agreement between the Contractholder and the Producer is terminated. d. The Contractholder will be responsible for any and all tax reporting related to the payment of the Fee to the Producer, including Form 1099s, if required.

Appears in 2 contracts

Samples: Group Health Service Contract, Group Health Service Contract

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Producer Service Fee. The Contractholder has selected and entered into an agreement with Xxxxxx Insurance AON Consulting (“Producer”), under which the Producer has agreed to provide consulting services to the Contractholder in connection with the Contractholder’s Plan(s) (the “Service Agreement”), in return for payment from the Contractholder of compensation negotiated directly between the Contractholder and the Producer (the “Fee”). Blue Shield is not a party to the Service Agreement. The Contractholder requests that Blue Shield receive from the Contractholder and pay to the Producer certain amounts comprising payment for the Producer’s services under the Service Agreement (the “Pass-Through Arrangement” or “Arrangement”). 1. Blue Shield Duties and Responsibilities: a. Blue Shield agrees to accept from the Contractholder payment of the monthly Fee amount with the Contractholder’s payment of Blue Shield’s monthly Premium invoice to the Contractholder. b. Blue Shield will forward the Fee to the Producer within 30 days of receipt of the Fee from the Contractholder. c. Blue Shield will provide to the Contractholder a summary of the aggregate Fee paid by Blue Shield on behalf of the Contractholder to the Producer for each Calendar Year within 15 business days following the end of such Calendar Year. d. Blue Shield is not responsible for determining or confirming the correctness of any information provided by the Contractholder, including the amount of the Fee or the name or other payment information of the Producer to whom the Fee is to be paid; rather, Blue Shield is responsible only for the ministerial functions of receiving payment of the Fee and forwarding such payment to the Producer. 2. The Contractholder Duties and Responsibilities: a. The Contractholder acknowledges and agrees that the Fee is not a part of the Premium charged to the Contractholder by Blue Shield, that using the Producer or any other agent or broker is not a requirement for the Contractholder to obtain coverage from Blue Shield and the Contractholder may obtain insurance policies directly from Blue Shield, and that the Contractholder, and not Blue Shield owes and is fully responsible to the Producer for the Fee. b. The Contractholder agrees to pay the Fee at the same time payment is made for the Premium for Blue Shield coverages. c. The Contractholder will notify Blue Shield immediately if the Service Agreement between the Contractholder and the Producer is terminated. d. The Contractholder will be responsible for any and all tax reporting related to the payment of the Fee to the Producer, including Form 1099s, if required.

Appears in 2 contracts

Samples: Group Health Service Contract, Group Health Service Contract

Producer Service Fee. The Contractholder has selected and entered into an agreement with Xxxxxx XxXxxxx Insurance Services, Inc. (“Producer”), under which the Producer has agreed to provide consulting services to the Contractholder in connection with the Contractholder’s Plan(s) (the “Service Agreement”), in return for payment from the Contractholder of compensation negotiated directly between the Contractholder and the Producer (the “Fee”). Blue Shield is not a party to the Service Agreement. The Contractholder requests that Blue Shield receive from the Contractholder and pay to the Producer certain amounts comprising payment for the Producer’s services under the Service Agreement (the “Pass-Through Arrangement” or “Arrangement”). 1. Blue Shield Duties and Responsibilities: a. Blue Shield agrees to accept from the Contractholder payment of the monthly Fee amount with the Contractholder’s payment of Blue Shield’s monthly Premium invoice to the Contractholder. b. Blue Shield will forward the Fee to the Producer within 30 days of receipt of the Fee from the Contractholder. c. Blue Shield will provide to the Contractholder a summary of the aggregate Fee paid by Blue Shield on behalf of the Contractholder to the Producer for each Calendar Year within 15 business days following the end of such Calendar Year. d. Blue Shield is not responsible for determining or confirming the correctness of any information provided by the Contractholder, including the amount of the Fee or the name or other payment information of the Producer to whom the Fee is to be paid; rather, Blue Shield is responsible only for the ministerial functions of receiving payment of the Fee and forwarding such payment to the Producer. 2. The Contractholder Duties and Responsibilities: a. The Contractholder acknowledges and agrees that the Fee is not a part of the Premium charged to the Contractholder by Blue Shield, that using the Producer or any other agent or broker is not a requirement for the Contractholder to obtain coverage from Blue Shield and the Contractholder may obtain insurance policies directly from Blue Shield, and that the Contractholder, and not Blue Shield owes and is fully responsible to the Producer for the Fee. b. The Contractholder agrees to pay the Fee at the same time payment is made for the Premium for Blue Shield coverages. c. The Contractholder will notify Blue Shield immediately if the Service Agreement between the Contractholder and the Producer is terminated. d. The Contractholder will be responsible for any and all tax reporting related to the payment of the Fee to the Producer, including Form 1099s, if required.

Appears in 1 contract

Samples: Group Health Service Contract

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