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CONTRACTING

CONTRACTING. Agents are all licensed as independent contractors, not as employees.

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CONTRACTING

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  1. CONTRACTING

  2. Agents are all licensed as independent contractors, not as employees.

  3. The relationship between the Agent and the Company shall be that of an independent contractor, and nothing contained herein shall be construed as creating the relationship of employer and employee. The Agent shall be free to exercise independent judgment as to the time, place and manner in which to perform the services authorized under the Agreement; however, the Company may from time to time prescribe rules and regulations with respect to the conduct of business, not interfering with such freedom of action of the Agent. Independent Contractor Relationship

  4. For all monies reimbursed as commissions, the Agent is an independent contractor, and as such will not be treated as an employee for tax purposes. The Agent is responsible for tax purposes. The Agent is responsible for withholding and reporting any and all taxes, such as federal, SECA, state withholdings and any local self-employment taxes, on his/her reimbursement of commissions.

  5. Rights and Obligations of the Agent

  6. The Agent shall be bound by the terms, conditions and limitations set forth in this Agreement and the rules and practices of the Company no and hereafter in force. • No Circular advertisement, letterhead, or other matters or material including the name or referring to the Company is to be published, or used in any way by the Agent unless prior approval in writing had been granted by the Company. • The Agent shall indemnify and hold the Company harmless from all losses, expenses, costs, damages, and liabilities resulting from unauthorized acts or transactions by the Agent. • The Agent is not authorized to make any contract or incur any debt in the name of the Company, nor to make, modify or amend any promotional material of the Company. • The Agent agrees to notify the Company within 3 business days of any investigation, inquiry, or complaint in regard to the Agents business conduct. This includes an inquiry from any Insurance Carrier, Department of Insurance, Legal Authority, Consumer, or Consumer Representative.

  7. Business Conduct The Agent agrees to conform to all applicable federal, state and local laws in conducting business under this Agreement.

  8. Non Disclosure of Information If this Agreement shall be terminated for any reason the Agent shall promptly deliver to the Company (1) all manuals (2) compilations of information concerning prospects contacted through the Company (3) all printed material of the Company (4) reports and copies thereof, which are in the Agent’s possession or under his/her control, ad the Agent agrees that he/she will not retain any copies or excerpts of any such materials.

  9. The Company agrees to reimburse the Agent for advertising expenses such as mailers, newspaper ads, or any other form of advertisement geared towards the solicitation of new business up to the balance of the Agent’s advertising credit. This credit is calculated subject to the advertising reimbursement schedule in effect at the time. The Company retains the right to discontinue the advertising credit or modify the advertising reimbursement schedule at anytime without notice. If the Agent does not use the advertising credit by the end of each calendar month the company will utilize the outstanding balance to purchase advertising on the behalf of the Agent. If there is any unused portion of the advertising credit at the end of any monthly period it will not carry over to the following month. The Agent has the right to specify to the Company how he would like the advertisement credit to be utilized, including but not limited to the type of advertisement, location of advertisement, or content of advertisement. Advertising Credit

  10. Prior to soliciting business, a prospective agent must complete all of the following:

  11. Provide a copy of current insurance license • Complete Anti-Money Laundering Training • Provide proof of E&O Coverage • Complete all required Medicare Advantage certifications • Successfully complete the MSAA Exam • Complete Ohio LTC Partnership Training • Complete with a passing score the J L Smith Associates Agent Exam • Sign the J L Smith Associates Life, Health and Accident Insurance and Annuity Marketing Agreement • Sign the Agents Declaration and Background Authorization • Complete the J L Smith Associates Agent Training Modules • Sign the J L Smith Associates HIPPA Agreement

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