Common use of Pre-Existing Agreements Clause in Contracts

Pre-Existing Agreements. Notwithstanding any provision to the contrary contained in any agreement between any member of the Liberty Mutual Affiliated Group, on the one hand, and Agency Markets or any of its Subsidiaries, on the other hand, including each agreement identified on Schedule 8.1 hereto, (each a “Pre-Existing Agreement”), Liberty Mutual shall not, and shall cause the other members of the Liberty Mutual Affiliated Group not to, terminate any Pre-Existing Agreement, if such termination would be without cause prior to December 31, 2010. Notwithstanding the foregoing, any Pre-Existing Agreement may be terminated at any time (x) for cause as set forth in such Pre-Existing Agreement or (y) by mutual agreement of the parties.

Appears in 2 contracts

Sources: Intercompany Agreement (Liberty Mutual Agency Corp), Intercompany Agreement (Liberty Mutual Agency Corp)