Sole Proprietor Agent Agreement - Florida Blue - BCBSF

and responsibilities to the Companyand the Insureds under this Agreementwith respect to the policies for whichcommissions are being assigned.d) Any purported assignment or transferof any interest in Agent’s commissionsother than in strict compliance with theterms stated in this Agreement shall bevoid to the Company.C. Term and Termination1) This Agreement shall be effective for aninitial term of one (1) year from theEffective Date, and thereafter shallautomatically renew for additional terms ofone (1) year each, unless and untilterminated in accordance with theprovisions of this Agreement.2) This Agreement may be terminatedwithout cause at any time by Agent orCompany by either party giving thirty (30)days prior written notice thereof to theother party.3) Company may terminate this Agreementimmediately upon written notice to Agentat any time upon material default orsubstantive breach by Agent of one or moreof its obligations under this Agreement(including any amendments), or Agent’scommission of fraud, dishonesty, breach oftrust, theft, misappropriation of money, orbreach of any fiduciary duty. Agent’sfailure to comply with any provision of thisAgreement shall be material if Companydetermines that such failure affects Agent’sability to perform under this Agreement.Termination for cause shall not beCompany’s exclusive remedy, but shall becumulative with all other remediesavailable at law or in equity. A failure toterminate this Agreement for cause shallnot be a waiver of the right to do so withrespect to any past, current or futuredefault.4) This Agreement will automaticallyterminate upon the death of Agent.5) Commission Settlement On Terminationa) Commission payments willimmediately cease (and no furthercommissions will become payableafter the termination date) in the eventof the following:i) Dissolution/Termination of theAgreement - to include with andwithout cause agreementterminations.ii) Agent of Record Change – in suchan event when Agent is no longerdesignated as the “Agent ofRecord” by an insureds, Companyshall appoint a new Agent ofRecord to the insureds.iii) Agent induces or attempts toinduce insureds to surrender orterminate policies with Company.iv) Agent is no longer servicinginsureds in a manner that issatisfactory to the Company.v) Ninety (90) days after Agent is nolonger licensed as an insuranceagent in the state of Florida or nolonger appointed with Company,unless commissions during thisninety (90) day period are notpermitted by applicable law.b) In the event of the death of Agent:i) Agent’s estate shall timely notifyCompany; and,ii) Company shall cease payment ofcommissions upon notification ofAgent’s death.D. Settlement of DisputesExcept for equitable relief for breaches ofSection E, if any disagreement between theAgent and the Company should ariseFlorida Blue Agent Agreement 7