Re: Binding Letter AgreementBinding Letter Agreement • March 16th, 2007 • American Independence Corp • Accident & health insurance • Delaware
This letter (including the attached Annex A hereto, this “Letter Agreement”) sets forth the binding agreement by and among Independence American Insurance Company, a Delaware corporation (“IAIC”), Insurers Administrative Corporation, an Arizona corporation (“IAC”), and Peter W. Nauert, d.b.a. Independent Producers Agency, Inc., a Delaware corporation (“IPA”), with respect to a business relationship (the “Relationship”) in which IPA (along with its agents and representatives) will market and sell certain insurance products to be underwritten by IAIC and administered by IAC, the major business terms of which are set forth on Annex A hereto.
