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Search results for: Automobile-Leasing-Contingent-Physical-Damage
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https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/1590/AGENCY-EMPLOYMENT-AGREEMENT/
... bonus or profit-sharing commissions. Fees received by [Agency] in lieu of or in addition to commissions (excluding so-called late charges or interest on unpaid premiums) shall be deemed to be commissions. [Agency] shall provide [Employee] with the use of an automobile owned or leased by [Agency] . [Agency] shall pay all reasonable expenses of operation and maintenance thereof, subject to certain reimbursement as provided hereinafter. [Employee] shall reimburse [Agency] for ten percent (10%) of all reasonable operating ... which shall be defined as fuel and normal periodic maintenance charges. Specifically excluded from said costs are the costs of insurance, registration, lease or purchase payments and repairs or maintenance charges other than the normal periodic maintenance required by the car manufacturer's warranty provisions. Said ten percent (10%) reimbursement of costs is to be made when and as billed by [Agency] and represents reimbursement to [Agency] for that portion of the time when said vehicle may be used for [Employee] 's personal use, however, ... for other insurance brokers. The average net annual commissions shall be defined as gross annual commissions (on account of the writing or renewal of property and casualty insurance business thereby intending to exclude bonding business) less return commissions paid or allowed as credit exclusive of any so-called contingent, bonus or profit sharing commissions Installment billings on policies written for a period in excess of one year shall be deemed to be renewals for purposes of this computation and commissions on premiums prepaid for a period in excess of one year shall be included, but prorated ...

https://completemarkets.com/Article/article-post/1590/AGENCY-EMPLOYMENT-AGREEMENT/
...e [Employee] with the use of an automobile owned or leased by [Agency]. [Agenc...000,000.00 per accident and property damage limits of at least $50,000.00 per ...