Common use of Existing Clients Clause in Contracts

Existing Clients. As of the Effective Date, the Trust shall terminate its existing workers' compensation policies as to the Existing Clients, and TIG shall offer to all Existing Clients workers' compensation insurance written by TIG. The parties acknowledge that the Existing Clients are under no obligation to accept workers' compensation insurance coverage from TIG, but TIG is obligated to offer such coverage to all Existing Clients.

Appears in 2 contracts

Sources: Insurance Placement Agreement (Stoneville Insurance Co), Insurance Placement Agreement (Stoneville Insurance Co)