Common use of Plan Obligations Clause in Contracts

Plan Obligations. 1. Plan shall provide Broker with all written material prepared under the requirement of "full and fair disclosure" pertaining to the solicitation of membership in or sale of prepaid services or benefits offered by the Plan. 2. Upon execution of a Group Subscriber Agreement by and between the Plan and Group, wherein execution is attributable to the efforts of Broker pursuant to this Agreement, Broker shall be entitled to a commission as specified in Exhibit A attached hereto and incorporated herein by reference. Such commission schedule shall remain in full force and effect until such time Plan’s “Broker Commission Policy” changes. Plan and ▇▇▇▇▇▇ understand and agree that all commission payments are conditioned upon ▇▇▇▇▇▇’s continued status as Broker of Record for Group. Commission payments shall cease immediately as of the time Broker shall no longer be Broker of Record for Group. 3. In the event a Group terminates its relationship with Broker, such change shall be reflected in the commission payment on the first (1st) of the month following receipt of notification of termination from Group. 4. Broker’s commission payments, as set forth in Exhibit A, shall be paid by Plan on a quarterly basis within forty-five (45) calendar days following the close of the quarter. Such commission payments shall be paid to: Brokerage Name: Broker Name: Checks Payable To: Payee’s Tax Identification Number: - Primary Contact Name: Primary Contact Title: 5. ▇▇▇▇▇▇’s commissions shall be computed based upon payments paid to, received and accepted by Plan during the term of the Group Subscriber Agreement between Group(s) and Plan. 6. Plan shall comply with the requirements of HIPAA as set forth in Exhibit B attached hereto and incorporated herein by reference.

Appears in 1 contract

Sources: Broker Commission Agreement

Plan Obligations. 1. Plan shall provide Broker with all written material prepared under the requirement of "full and fair disclosure" pertaining to the solicitation of membership in or sale of prepaid services or benefits offered by the Plan. 2. Upon execution of a Group Subscriber Agreement by and between the Plan and Group, wherein execution is attributable to the efforts of Broker pursuant to this Agreement, Broker shall be entitled to a commission as specified in Exhibit A attached hereto and incorporated herein by reference. Such commission schedule shall remain in full force and effect until such time Plan’s “Broker Commission Policy” changes. Plan and ▇▇▇▇▇▇ understand and agree that all commission payments are conditioned upon ▇▇▇▇▇▇’s continued status as Broker of Record for Group. Commission payments shall cease immediately as of the time Broker shall no longer be Broker of Record for Group. 3. In the event a Group terminates its relationship with Broker, such change shall be reflected in the commission payment on the first (1st) of the month following receipt of notification of termination from Group. 4. Broker’s commission payments, as set forth in Exhibit A, shall be paid by Plan on a quarterly basis within forty-five (45) calendar days following the close of the quarter. Such commission payments shall be paid to: Brokerage Contact Name: Broker Company Name: Checks Payable To: Payee▇▇▇▇▇’s Tax Identification Number: - Primary Contact Name: Primary Contact Title: 5. ▇▇▇▇▇▇’s commissions shall be computed based upon payments paid to, received and accepted by Plan during the term of the Group Subscriber Agreement between Group(s) and Plan. 6. Plan shall comply with the requirements of HIPAA as set forth in Exhibit B attached hereto and incorporated herein by reference.

Appears in 1 contract

Sources: Broker Commission Agreement

Plan Obligations. 1. Plan shall provide Broker with all written material prepared under the requirement of "full and fair disclosure" pertaining to the solicitation of membership in or sale of prepaid services or benefits offered by the Plan. 2. Upon execution of a Group Client Subscriber Agreement by and between the Plan and GroupClient, wherein execution is attributable to the efforts of Broker pursuant to this Agreement, Broker shall be entitled to a commission as specified in Exhibit A attached hereto and incorporated herein by reference. Such commission schedule shall remain in full force and effect until such time Plan’s “Broker Commission Policy” changes. Plan and ▇▇▇▇▇▇ Broker understand and agree that all commission payments are conditioned upon ▇▇▇▇▇▇Broker’s continued status as Broker of Record for GroupClient. Commission payments shall cease immediately as of the time Broker shall no longer be Broker of Record for GroupClient. 3. In the event a Group Client terminates its relationship with Broker, such change shall be reflected in the commission payment on the first (1st) of the month following receipt of notification of termination from GroupClient. 4. Broker’s commission payments, as set forth in Exhibit A, shall be paid by Plan on a quarterly basis within forty-five (45) calendar days following the close of the quarter. Such commission payments shall be paid to: Brokerage Contact Name: Broker Company Name: Checks Payable To: Payee’s Tax Identification Number: - Primary Contact Name: Primary Contact Title: 5. ▇▇▇▇▇▇Broker’s commissions shall be computed based upon payments paid to, received and accepted by Plan during the term of the Group Client Subscriber Agreement between Group(sClient(s) and Plan. 6. Plan shall comply with the requirements of HIPAA as set forth in Exhibit B attached hereto and incorporated herein by reference.

Appears in 1 contract

Sources: Broker Commission Agreement