Common use of Termination of Commissions Clause in Contracts

Termination of Commissions. It is expressly understood and agreed that if Producer or any of its Marketing Representatives cause or aid or abet others to cause any of CAREINGTON Members to cancel, lapse or fail to renew their Benefits Plans with CAREINGTON, or if Producer or any of its Marketing Representatives cause or aid or abet others to cause any of CAREINGTON members to purchase the same or similar membership benefits from another provider, then if either of said events occur, no further commissions of any type shall thereafter accrue or be payable under this Agreement and this Agreement shall automatically terminate upon the occurrence of either of such events.

Termination of Commissions. It is expressly understood and agreed that if Producer or any of its Marketing Representatives cause or aid or abet others to cause any of CAREINGTON Members to cancel, lapse or fail to renew their Benefits Discount Plans with CAREINGTON, or if Producer or any of its Marketing Representatives cause or aid or abet others to cause any of CAREINGTON members to purchase the same or similar membership benefits discounts from another provider, then if either of said events occur, no further commissions of any type shall thereafter accrue or be payable under this Agreement and this Agreement shall automatically terminate upon the occurrence of either of such events.. CAREINGTON International Corporation Page 2 Producer Agreement – revised 6/29/06