Preview | Advantage Franchise Agreement | G. I. Agency, Inc.; Brooke Corp.

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Advantage Franchise Agreement

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Title:

Advantage Franchise Agreement

Entities:

G. I. Agency, Inc.; Brooke Corp.

Date:

2000

Size:

Preview shows 2KB of 35KB total

Price:

$45

ID:

#146027

► Corporate ► Franchise ► Misc. Franchise Agreements

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                                    ADVANTAGE

                               FRANCHISE AGREEMENT





AGREEMENT made and entered into this 4th day of September, 1997, by and between

BROOKE CORPORATION, a Kansas Corporation, having its principal place of business

at 205 F Street, Phillipsburg, Kansas referred to hereafter as "BROOKE"; and,



G. I. Agency, Inc., by and through Leland G. Orr its Owner, General Partner or

Corporate Officer, whose offices and primary place of business is located at 205

F Street, PO Box 426, Phillipsburg, Kansas.



The proprietorship, partnership or corporation referenced above is referred to

hereafter as "Franchisee".



                                   WITNESSETH:



WHEREAS, Franchisee is engaged in the business of selling insurance from the

agency offices referenced above; and



WHEREAS, Brooke is in the business of providing certain insurance services and

assistance to businesses selling Insurance; and



WHEREAS, Franchisee and Brooke desire to associate together effective January 3,

1997, for the purpose of Brooke providing certain services and assistance to

Franchisee with respect to Franchisee's business of selling insurance;



1. DEFINITIONS OF TERMS USED IN THIS AGREEMENT:



1.1 FRANCHISEE ACCOUNT: A receivable account on Brooke's ledgers to which Brooke

records amounts due Brooke from Franchisee and amounts due Franchisee from

Brooke, a statement for which will be provided to Franchisee on a monthly basis.



1.2 AGENCY BILL INSURANCE POLICIES: Any insurance policies for which a

Franchisee is responsible for all or any part of premium billing and collection.

A Direct Bill Insurance Policy may become an Agency Bill Insurance Policy under

certain circumstances.



1.3 AGENT OF RECORD: Individual or entity designated by an Insurance Company as

Insurance Company's agent or representative with regards to a specific Property

and Casualty Insurance Policy issued by said Insurance Company.



1.4 CUSTOMER ACCOUNT: Insurance policyholder which has an Insurance Policy from

Franchisee and currently receives insurance related service and assistance from

Franchisee.



1.5 DIRECT BILL INSURANCE POLICIES: Any insurance policies for which an

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