Common use of Producer Records Clause in Contracts

Producer Records. During the Term of this Agreement and thereafter while Producer has any continuing obligations hereunder, Producer shall keep separate, accurate, and complete records of all transactions relating to business conducted hereunder including, but not limited to, applications taken, marketing materials used, and correspondence with policyholders, insureds, state insurance departments, and Orchid. Producer agrees that all such records may be audited, examined, and copied by representatives of Orchid and/or Insurers, or any state insurance department or regulatory body which so requires at any time during normal business hours.