Laserfiche WebLink
B bli i n f lien <br /> . O gato so C t <br /> 1. Client shall pay Gallagher a fee of Thirty-Two Thousand Five Hundred Dollars <br />, ($32,500) per year for the services provided hereunder, payable upon execution of <br />' this Agreement. <br /> 2. In addition to the fees (commissions) provided herein, it is understood and <br /> agreed that other parties,such as excess and surplus line brokers, wholesalers, <br /> re-insurance intermediaries,underwriting managers and similar parties, some <br /> of which may be owned in whole or in part by Gallagher's corporate parent, <br /> may earn and retain usual and customary commissions and fees in the course <br /> of providing insurance products to Client pursuant to this Agreement. Any <br /> such fees or commissions will not constitute compensation to Gallagher under <br /> Section III.B.1 above. <br /> 3. Gallagher and certain of its insurance carrier markets from time to time enter <br /> into arrangements providing for additional compensation to be paid to <br /> Gallagher by such carrier, generally with respect to the volume of premium or <br /> insurance coverages written through Gallagher with such carrier. <br /> 4. Client is responsible for payment of premiums for all insurance placed by Gallagher <br /> on its behalf. <br /> 3 <br />