Table I. Line 1. Eligible Earned Premium shall mean direct premium earned for Profit Sharing Year which relates to Eligible Business less premium ceded (less ceding commission received) for treaty reinsurance specifically related to Eligible Business purchased by the Company for the Profit Sharing Year.
Appears in 10 contracts
Sources: Partner Agent Program Agreement (Specialty Underwriters Alliance, Inc.), Partner Agent Program Agreement (Specialty Underwriters Alliance, Inc.), Securities Purchase Agreement (Specialty Underwriters Alliance, Inc.)
Table I. Line 1. Eligible Earned Premium shall mean direct premium earned for Profit Sharing Year which relates to Eligible Business less premium ceded (less ceding commission received) for treaty reinsurance specifically related to Eligible Business purchased by the Company for the Profit Sharing Yearreinsurance.
Appears in 1 contract
Sources: Partner Agent Program Agreement (Specialty Underwriters Alliance, Inc.)
Table I. Line 1. Eligible Earned Premium shall mean direct premium earned for Profit Sharing Year which relates to Eligible Business less premium ceded (less ceding commission received) for treaty reinsurance specifically related to Eligible Business purchased by the Company for the Profit Sharing Yearreinsurance.
Appears in 1 contract
Sources: Partner Agent Program Agreement (Specialty Underwriters Alliance, Inc.)