Common use of Scope and Authority Clause in Contracts

Scope and Authority. 2.1 Upon execution of this Agreement, and from time to time thereafter, TWFG shall take all necessary steps to cause BRANCH to become appointed with Carrier(s) as an Insurance Agent of TWFG for the marketing and sale of Insurance Products. BRANCH6/7/2023 TWFGPage 2 2.2 BRANCH shall devote its full-time efforts to exclusively sell and promote the sale of Insurance Products offered through TWFG. 2.3 BRANCH shall identify and market itself to the public as a branch of TWFG and must include “TWFG” in its name. The Insurance Agent’s individual name may also be included in BRANCH’s name to identify itself to the public. No other names may be used to identify and market BRANCH to the public unless otherwise agreed in writing by the Parties. 2.4 TWFG may establish certain marketing and branding standards for BRANCH, which are subject to change from time to time. BRANCH shall comply with all marketing and branding standards of TWFG, unless otherwise agreed in writing by the Parties. 2.5 BRANCH shall continuously maintain a formal office in a business setting and available for meeting Clients. BRANCH is not permitted to operate out of an office shared with another business or a home used as a residence. The choice and location of an office must be approved in writing by TWFG. 2.6 BRANCH shall procure and maintain all required state and/or regulatory licenses or appointments necessary for it to perform its services under this Agreement.