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2017-121D
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2017-121D
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Last modified
9/20/2017 10:56:43 AM
Creation date
8/30/2017 1:44:32 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
08/15/2017
Control Number
2017-121D
Agenda Item Number
8.NN (1 of 2)
Entity Name
Southeast Series of Lockton Companies
Subject
Consulting Services Agreement
Area
Benefits Consultant/Broker/Actuary Services
Alternate Name
Lockton Companies
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However, this may only be done after consultation with and prior written <br />approval by Client. Such intermediaries may or may not be affiliates of Lockton. <br />Lockton will advise Client whether any such intermediary is an affiliate of <br />Lockton. Under all circumstances, any and all compensation earned by any <br />intermediary or outside vendor may be in addition to the compensation paid to <br />Lockton as described herein. Client will not be responsible for compensating an <br />intermediary or outside vendor, unless Client has provided prior written approval <br />of such compensation. <br />IV. Termination of Services <br />Client or Lockton may terminate this Agreement at any time with 90 days' written notice <br />to the other party. Should Client terminate or designate a broker other than Lockton as <br />its broker of record at any time subsequent to the date of this Agreement, Lockton shall <br />immediately cease providing services under this Agreement and will assist in the <br />transition to a new broker/consultant. In such event, Lockton shall bill Client for the <br />services provided up to the effective date of termination on a pro rata basis in <br />accordance with the compensation terms of this Agreement. Lockton shall also be <br />entitled to receive all commission income earned up to the effective date of termination. <br />V. Additional Obligations of Client/Confidentiality <br />A. Client shall provide Lockton with reasonable cooperation and assistance necessary <br />for Lockton to fulfill its responsibilities to Client pursuant to the terms of this <br />Agreement, including, without limitations, copies of all documents reasonably <br />requested by Lockton and the cooperation of and access to certain of Client's <br />personnel. <br />B. Lockton acknowledges that the nature of its relationship with Client is one in <br />which Client shall entrust Lockton as the custodian of certain of Client's <br />information, some of which may be of a confidential or proprietary nature. <br />Lockton shall undertake all reasonable efforts to maintain the integrity of all of <br />Client's information, whether or not such information is confidential or <br />proprietary. The responsibility to maintain any confidential documents or <br />records survives the termination of this Agreement. <br />
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