Assigning Plan Contracts. You may “sell” or assign Your “book” of Trust Plans to another authorized Trust producer, subject to Our prior written consent (which will not be unreasonably withheld), by notifying Us in writing of the date of the sale or assignment. We will pay the new producer the commissions We had paid You on the Plan contracts being sold or assigned, subject to the requirements of Paragraph 13. If You sell or assign a Plan to another authorized Trust producer, the new producer will be the Plan holder’s producer of record. Except as set forth in this paragraph, You may not sell or assign this Agreement, Plan contracts or Your commissions.
Appears in 4 contracts
Samples: Producer’s Agreement, Producer’s Agreement, Producer’s Agreement
