Examples of Agent of Record in a sentence
If this Agreement is terminated pursuant to Section 5.2 above, CCIC will continue to pay Agent compensation for Customers previously enrolled by Agent as long as the Customer has an in-force Benefit Plan with CCIC, Agent is the Customer’s Agent of Record and continues to service the Customer, and Agent is legally eligible to receive compensation in CCIC’s sole discretion.
Notwithstanding the forgoing, CCIC may, in good faith, change a Customer’s Agent of Record at any time for any reason in accordance with applicable law and the following provisions are not intended to limit this right in any way.
CCIC will consider Agent to be Agent of Record for every Customer Benefit CCIC sold by Agent under the terms of this Agreement unless and until a customer asks CCIC to change its Agent of Record to a different agent.
Upon occurrence of at least one of the termination events described in Sections 5.3 through 5.8 of this Agreement, CCIC will no longer recognize Agent as any Customer’s Agent of Record.