Orange County NC Website
Browse       Search
BROKER SERVICES AGREEMENT <br />between <br />Alliant Insurance Services, Inc. <br />and <br />Orange County, North Carolina <br /> <br />I. PARTIES. <br />The PARTIES to this BROKER SERVICES AGREEMENT are Orange County, <br />North Carolina (CLIENT) and Alliant Insurance Services, Inc. (ALLIANT). <br /> <br />II. AGREEMENT. <br />In consideration of the payments and covenants specified in this AGREEMENT, <br />ALLIANT shall perform the SERVICES described herein. <br /> <br />III. DEFINITIONS. <br /> <br />When used throughout this AGREEMENT, capitalized terms, whether in the <br />singular or in the plural form, shall have the meanings ascribed to them at their first <br />occurrence. In addition, the following terms, when capitalized, whether in the <br />singular or in the plural form, shall have the meanings set forth below: <br /> <br />A. ALLIANT – Alliant Insurance Services, Inc. <br />B. CLIENT – Orange County, North Carolina <br />C. AGREEMENT – This Broker Services Agreement, its addendums, <br />exhibits, and/or attachments, and any written changes that are agreed upon <br />by the PARTIES. <br />D. COMPENSATION – Remuneration paid to ALLIANT as consideration <br />for its SERVICES performed under this AGREEMENT, which shall be in <br />the form of either a FEE and/or COMMISSION. <br />E. FEE – Annual or interim remuneration paid by CLIENT directly to <br />ALLIANT for SERVICES in connection with the categories or risk and <br />insurance identified in Addendum A (does not include COMMISSION). <br />F. COMMISSION – Remuneration paid by CLIENT’S insurance carriers (or <br />excess pools) directly to ALLIANT in connection with ALLIANT’s <br />placement of insurance for CLIENT. <br />G. PARTY – CLIENT or ALLIANT. <br /> <br />Docusign Envelope ID: 900D8F9B-814C-40AE-852C-9F135EC6ECAE