Restrictive Covenant:
While this Agreement is in effect, and for the longer of a 5 year period thereafter or the period in which the agent is receiving renewal commissions.
Agent will not use his knowledge of xxxx's insurer's business for the benefit of himself or any other person , nor divulge to others information relating to xxxx's or insurer's business affairs, including but not limited to , the names of customer, the names of employees, number or character of policies and prices, and the terms and particulars of xxxx's insurer's business and keep confidential his knowledge of such business's affairs acquired while engaged by xxxx.
All insurance business procured under this agreement becomes the property of xxxx and of the insure. Agent shall not personally, nor indirectly through any other person in anyway cause unrest o nor divert, rewrite, or switch any of the policy holders obtained hereunder to any other representative of or to any other insurance company.
If If Agent violated this section all renewal commissions which would otherwise accrue or best to agent shall be forfeited as liquidated damages provided however that is agreed that the there is no adequate legal remedy available to xxxx and thus in addition to liquidated damages injunctive proceedings and/or an action for damages may be commenced to enforce the provisions of this agreement with all costs of said proceedings, including reasonable attorneys fees to be paid by agent.
While this Agreement is in effect, and for the longer of a 5 year period thereafter or the period in which the agent is receiving renewal commissions.
Agent will not use his knowledge of xxxx's insurer's business for the benefit of himself or any other person , nor divulge to others information relating to xxxx's or insurer's business affairs, including but not limited to , the names of customer, the names of employees, number or character of policies and prices, and the terms and particulars of xxxx's insurer's business and keep confidential his knowledge of such business's affairs acquired while engaged by xxxx.
All insurance business procured under this agreement becomes the property of xxxx and of the insure. Agent shall not personally, nor indirectly through any other person in anyway cause unrest o nor divert, rewrite, or switch any of the policy holders obtained hereunder to any other representative of or to any other insurance company.
If If Agent violated this section all renewal commissions which would otherwise accrue or best to agent shall be forfeited as liquidated damages provided however that is agreed that the there is no adequate legal remedy available to xxxx and thus in addition to liquidated damages injunctive proceedings and/or an action for damages may be commenced to enforce the provisions of this agreement with all costs of said proceedings, including reasonable attorneys fees to be paid by agent.