Orange County NC Website
Browse       Search
<br />Alliant Broker Services Agreement (Public Entity) 10 <br /> <br />XIII. MATERIAL CHANGE. <br />In the event that CLIENT operations change substantially by merger, acquisition, <br />expansion, or other material change, thus changing the scope and nature of <br />exposures, losses, and/or insurance program(s), the PARTIES will negotiate in <br />good faith to revise this AGREEMENT’S compensation arrangement as <br />appropriate. It is agreed and understood that a material change shall include a <br />change in existing coverage or limits, and/or lines of coverage. <br />XIV. RELATIONSHIP OF THE PARTIES. <br />At all times and for all purposes, the relationship between the PARTIES is intended <br />to be that of independent contractors and there is no intent to create a joint venture <br />relationship, and any person representing ALLIANT, shall be an independent <br />contractor to CLIENT, and the AGREEMENT shall not in any way be construed <br />as a contract of employment between CLIENT and ALLIANT’S agents. In <br />addition, the PARTIES agree that, except as otherwise provided herein, CLIENT <br />shall not be obligated for any expense incurred by ALLIANT in rendering <br />SERVICES, or by engaging in any other transaction or conduct arising out of this <br />AGREEMENT. <br />XV. OWNERSHIP OF BOOKS AND RECORDS. <br />The PARTIES shall each maintain normal business records related to all business <br />generated under this AGREEMENT. Upon reasonable request, and subject to the <br />confidentiality provisions set forth herein, the PARTIES may each obtain from the <br />other copies of all policyholder documents, including but not limited to policies, <br />binders, certificates, endorsements, underwriting submissions/applications, and <br />loss data in the other’s possession, custody, or control with respect to all business <br />generated under this AGREEMENT. <br />XVI. NOTICE. <br />All notices, requests, and other communications given under this AGREEMENT, shall <br />be in writing and deemed duly given: (a) when delivered personally to the recipient; <br />(b) one (1) business day after being sent to the recipient by reputable overnight courier <br />service (charges prepaid); (c) five (5) business days after being sent by U.S. certified <br />mail (charges prepaid); or (d) one (1) business da y after being sent to the recipient by <br />fax or email transmission. Except as otherwise provided herein, all notices, requests <br />or communications under this AGREEMENT shall be addressed to the intended <br />recipient as set forth below: <br />To CLIENT: To ALLIANT: <br />Attn: Alisa Cornetto Attn: Sean Keenan <br />200 S. Cameron Street 101 North Tryon Street <br />DocuSign Envelope ID: 17405374-3F52-4EE3-A40B-C0BD1E0B0058Docusign Envelope ID: 900D8F9B-814C-40AE-852C-9F135EC6ECAE