Business Profit Sharing Agreement Doc

This Master of Incentive Agreement (this “Agreement”) between Grange Mutual Casualty Company, including its 100% subsidiaries of the Property and Casualty Insurance Company (the “Company”), and the primary agency (“Agent or Agency”), which is set forth in your Summary as of Agency Date and in the Agency Agreement with the Entity, is effective on January 1, 2016 and will remain in effect until revised, replaced or terminated by the Company, and supersedes all prior profit-sharing and/or contingency commission agreements between the parties covering the same lines of insurance as this Agreement. That agreement shall be complementary to the Agency Agreement and shall not be part of this Agreement. REPRESENTATIVE RESPONSIBILITIES. In return for profit sharing, the representative performs the following tasks: THE GLOBAL AGREEMENT. This Agreement constitutes the full understanding of the Parties and supersedes all prior oral or written agreements concerning the subject matter annexed thereto. The representative must return or destroy all physical or digital copies of the company`s protected information held by the company, including (but not limited to) marketing materials, business plans, customer lists, and pricing information….