PRINCIPLES FOR DETERMINING COMPENSATION PAYABLE TO CHIEF AGENTS
The compensation payable to a chief agent shall consist of seventy-five per cent, of the overriding
commission specified in the contract relating to chief agency with the insurer on the renewal premiums
received by the Corporation during a period of ten years from the appointed day in respect of the business
procured by the chief agent before the appointed day; and such compensation shall be determined and
paid annually for the said period.
PRINCIPLES FOR DETERMINING COMPENSATION PAYABLE TO SPECIAL AGENTS
The compensation payable to a special agent shall consist of one eighth of his annual average
earnings during the period beginning on the 1st day of January, 1952, and ending on the 31st day of
December, 1955, in the form of overriding commissions in respect of business procured by him through
insurance agents.