Common use of Termination for Fraud Clause in Contracts

Termination for Fraud. If Agent engages in, or knowingly assists another to commit, fraudulent or dishonest activity in connection with the solicitation, enrollment or renewal of any Enrolling Unit, this Agreement shall terminate effective as of the date on which Agent engaged in or assisted with such activity without regard to when UnitedHealthcare learns of the fraudulent or dishonest activity or when UnitedHealthcare notifies Agent that this Agreement has been terminated. UnitedHealthcare may recover any compensation paid to Agent after Agent engaged in, or knowingly assisted another to commit, the fraudulent or dishonest act without regard to when Agent actually earned such compensation.

Appears in 15 contracts

Samples: Agent/Agency Agreement, Agent/Agency Agreement, Agent/Agency Agreement

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Termination for Fraud. If Agent engages in, or knowingly assists another to commit, fraudulent or dishonest activity in connection with the solicitation, enrollment or renewal of any Enrolling Unit, this Agreement shall terminate effective as of the date on which Agent engaged in or assisted with such activity without regard to when UnitedHealthcare learns of the fraudulent or dishonest activity or when UnitedHealthcare notifies Agent that this Agreement has been terminated. UnitedHealthcare may recover any compensation paid to Agent after Agent engaged in, or knowingly assisted another to commit, the fraudulent or dishonest act without regard to when Agent actually earned such compensation.

Appears in 1 contract

Samples: Agent/Agency Agreement

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