Grange Insurance Companies Master Profit Sharing AgreementMaster Profit Sharing Agreement • July 7th, 2016
This Master Profit Sharing Agreement (this “Agreement”) between Grange Mutual Casualty Company, including its wholly owned property and casualty insurance company subsidiaries, (the “Company”), and the Primary Agency (the “Agent, or “Agency”) who is identified in your Agency Appointment Summary and Agency Agreement with the Company is effective January 1, 2016 and shall remain in effect until revised, replaced or terminated by the Company, and replaces any and all previous profit sharing and/or contingent commission agreements between the parties hereto which cover the same lines of insurance as this Agreement. This Agreement is supplemental to and is not a part of the Agency Agreement.
