Producer Compensation. a. During the term of this Agreement, XXX agrees to pay commissions to the Producer at the commission rate agreed by XXX and the Producer in connection with each policy placed under this Agreement. XXX shall pay commissions to the Producer within sixty (60) days after the end of the month in which SIMreceives and records the premium for each policy.
Appears in 3 contracts
Samples: Producer Agreement, Producer Agreement, Producer Agreement
Producer Compensation. a. During the term of this Agreement, XXX agrees to pay commissions to the Producer at the commission rate agreed by XXX and the Producer in connection with each policy placed under this Agreement. XXX shall pay commissions to the Producer within sixty (60) days after the end of the month in which SIMreceives XXX receives and records the premium for each policy.
Appears in 1 contract
Samples: Producer Agreement
