This Agency Agreement ("Agreement"), as dated below ("Effective Date"), is made by and between Virginia Benefits Alliance, LLC (hereinafter, "VBA") and the below listed insurance agency (hereinafter, "Agency") (VBA and Agency are sometimes individually referred to in this Agreement as a "Party" and are collectively referred to in this Agreement as the "Parties").
Whereas VBA supports the marketing efforts of that certain private insurance exchange named Virginia Benefits Market ("Market") that is administered and operated by OutsourceOne, Inc. d/b/a CieloStar ("CieloStar"), a Minnesota Corporation whose office is located at 730 Second Avenue, Suite 520, Minneapolis, MN 55402 that is more-fully described at www.virginiabenefits.com.
Whereas the Market contains (among other things) descriptions of multiple healthcare and ancillary insurance products and plans (collectively, the "Plans") that are offered by various Virginia-licensed insurance carriers (individually, a "Carrier" and collectively, the "Carriers").
Whereas the Plans are marketed throughout the Commonwealth of Virginia by various means, including (without limitation) Virginia-licensed insurance Agents (as such term is defined in that certain Agent Agreement) and Virginia-licensed insurance Agencies (individually, an "Agency" and collectively, the "Agencies").
Whereas VBA and CieloStar desire to assist Agency and its Agents in both marketing and selling the Plans throughout the Commonwealth of Virginia. VBA and Agency desire to enter into this Agreement in order to define (among other things) the Parties' rights, duties and responsibilities to each other in connection with the sales of the Plans via the Market.
Now, therefore, in consideration of the foregoing premises, the Parties agree as follows: