ACTS SUBSEQUENT TO TERMINATION. In the event of the termination of this Agreement by TIG or by the Trust pursuant to Section 8.3(ii) above, the Program Business shall be transferred by TIG to the Trust or to the Trust's designee upon the termination of the policies of workers' compensation insurance issued to the Program Clients. The transfer of such business by TIG to the Trust or its designee shall be in accordance with and subject to the laws governing the cancellation and nonrenewal of policies of workers' compensation insurance in the states in which the policies were issued to the Program Clients.
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Sources: Insurance Placement Agreement (Stoneville Insurance Co), Insurance Placement Agreement (Stoneville Insurance Co)