WELTNER, Justice.
A. L. Williams & Associates, Inc. markets life insurance policies of Massachusetts Indemnity and Life Insurance Company. Williams appointed Faircloth as agent for the insurance company. Under two other contracts, Faircloth held the offices of regional vice-president and senior vice-president of Williams. In 1982, Williams notified Faircloth that it was exercising its right, as provided to Williams by Faircloth's agency contract with the insurance...
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