Adequate Compensation; No Rebates Clause Samples

Adequate Compensation; No Rebates. Broker acknowledges and agrees that the commissions payable as set forth herein in Schedule A are adequate and appropriate for the services rendered under this Agreement and is accepted by Broker in full and complete satisfaction and discharge of any and all monetary and nonmonetary obligations owed Broker by the Health Plan or any officer, director, shareholder, or affiliate of Health Plan. Broker further acknowledges and agrees that it will not rebate all or any portion of the commissions it receives from Health Plan to any Groups or Individuals. Failure to abide by this section is grounds for immediate termination of this Agreement.
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Adequate Compensation; No Rebates. PRODUCER acknowledges and agrees that the commissions set forth are adequate and appropriate for the services rendered under this Agreement and is accepted by PRODUCER in full and complete satisfaction and discharge of any and all monetary and nonmonetary obligations owed PRODUCER by AGA or any officer, director, shareholder, or affiliate of AGA. PRODUCER further acknowledges and agrees that it will not rebate or otherwise share all or any portion of the commissions it receives from AGA or Carrier. Failure to abide by this Section is grounds for immediate termination of this Agreement.
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Related to Adequate Compensation; No Rebates

  • Complaints and Compensation If you have a complaint of any kind, please be sure to let us know. We will do our utmost to resolve the issue. You can put your complaint in writing to us at:

  • Fees and Compensation Managers and Officers may receive such compensation and fees, if any, for their services, and such reimbursement for expenses, as may be determined by resolution of the Board.

  • Compensation of the Executive 3 4. Termination.........................................................................

  • Services and Compensation Consultant shall perform the services described in Exhibit A (the “Services”) for the Company (or its designee), and the Company agrees to pay Consultant the compensation described in Exhibit A for Consultant’s performance of the Services.

  • Employment and Compensation The following terms and conditions will govern the Executive’s employment with the Company throughout the Term.