Common use of Split Commissions Clause in Contracts

Split Commissions. EmblemHealth allows up to four (4) Brokers of Record for each small or large group policyholder. In the event that more than one Selling Agent of record applies to a group, each Selling Agent shall be entitled to his or her share of the commission, as designated to EmblemHealth by the group policyholder, otherwise payable by EmblemHealth if there had been only one Selling Agent. EmblemHealth allows only one (1) Broker of Record for each individual direct payment policy. EmblemHealth allows only one (1) General Agent for each small or large group policyholder regardless of the number of Selling Agents. EmblemHealth does not allow General Agents for individual direct payment policies.

Appears in 4 contracts

Samples: Emblemhealth Selling Agent Agreement, Selling Agent Agreement Signature Page, Selling Agent Agreement Signature Page

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