Common use of Rights After Termination Clause in Contracts

Rights After Termination. 8.1. Upon and after the expiration or termination of this Agreement: 8.1.1. Broker may no longer submit insurance business to Aspire; 8.1.2. Aspire may notify any person insured under a Policy or Renewal of the expiration or termination of this Agreement; 8.1.3. Broker shall promptly cease all use of Aspire’s Trademarks in all advertising; including, but not limited to any use of Aspire’s Trademarks that were approved for use in any form of written agreement. 8.1.4. All in-force Policies and Renewals will continue to normal expiration, subject to their terms; and 8.1.5. At Aspire’s discretion, Aspire may pay Broker commissions on Renewals as a percentage of earned premium, rather than written premium and at a reduced commission rate.

Appears in 5 contracts

Samples: Electronic Funds Transfer (Eft) and Check Authorization Agreement, Electronic Funds Transfer (Eft) and Check Authorization Agreement, Broker Agreement

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Rights After Termination. 8.1. Upon and after the expiration or termination of this Agreement: 8.1.1. Broker may no longer submit insurance business to Aspire; 8.1.2. Aspire may notify any person insured under a Policy or Renewal of the expiration or termination of this Agreement; 8.1.3. Broker shall promptly cease all use of Aspire’s Trademarks in all advertising; including, but not limited to any use of Aspire’s Trademarks that were approved for use in any form of written agreement. 8.1.4. All in-force Policies and Renewals will continue to normal tonormal expiration, subject to their terms; and 8.1.5. At Aspire’s discretion, Aspire may pay Broker commissions on Renewals as a percentage of earned premium, rather than written premium and at a reduced commission rate.

Appears in 4 contracts

Samples: Electronic Funds Transfer (Eft) and Check Authorization Agreement, Broker Agreement, Broker Agreement

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