Common use of Future Compensation Clause in Contracts

Future Compensation. Upon termination of this Agreement by Heritage for any reason, or by FMS for good cause, Heritage (or its successors) agrees to continue paying FMS the percentage override set forth in Section 4 of this Agreement for a period of twenty-four months on products and services sold to FMS’s customers; this provision shall survive termination or expiration of this Agreement.

Appears in 2 contracts

Sources: Marketing Services Agreement (Heritage Insurance Holdings, LLC), Marketing Services Agreement (Heritage Insurance Holdings, LLC)