Orange County NC Website
Version 11.09.20 Program Agreement - Orange County Page 1 <br />CA Form - WC 99 06 Q6 (B) <br />© (2019) The Travelers Indemnity Company. All rights reserved. <br />Between <br />THE TRAVELERS INDEMNITY COMPANY <br />(“Travelers”) <br />And <br />Orange County <br />(“Insured”) <br />EFFECTIVE DATE: 07/01/2022 <br />WHEREAS, the Insured wishes to obtain the Policies from Travelers, which policies contain loss <br />sensitive components; and <br />WHEREAS, Travelers is willing to issue the Policies pursuant to the Collateral and Payment <br />requirements in this Insurance Program Agreement; and <br />WHEREAS, Travelers and Insured (collectively hereinafter “the Parties”) wish to enter into an <br />agreement for the receipt and provision of insurance and insurance-related services; and <br />WHEREAS, this Agreement is effective on the Effective Date listed above and remains in effect until <br />terminated pursuant to its terms; and <br />WHEREAS, this Agreement applies to each Program Term for which a Program Exhibit is attached and <br />to all Obligations regardless of the Program Term from which the Obligation arises. <br />NOW, THEREFORE, in consideration of the mutual promises contained in this Agreement, and for <br />other good and valuable consideration, the receipt and sufficiency of which is acknowledged, the <br />Parties agree as follows: <br />A. DEFINITIONS <br />Capitalized terms in this Agreement are either defined in this “Definitions” section or are defined <br />elsewhere in this Agreement (including the Exhibits). <br />“Agreement” means this Insurance Program Agreement between the Parties, and includes Exhibits, <br />Integrated Agreements and amendments thereto, if any. <br />“Collateral” means security for your Obligations which you are required to provide to us pursuant to <br />this Agreement and which is acceptable to us in form, content, issuer and amount. <br />“Insured”, “you”, and “your” means the Insured listed above and each of its affiliates, divisions, <br />subsidiaries, general partners and limited partners who are named insureds on any of the Policies <br />DocuSign Envelope ID: FCD9FE56-CF01-4E96-B983-B8E8DFE6811C