P&c Commissions and Renewals

So I am a new agent that has been searching for a year for a place to hang my hat started out by looking at captives then figured out by reading on here that Indy was the place to go so finally found a small Indy that has brought me on board I must say I am beating 90 percent of the brand name companies I am quoting . This guy is giving me 85% which I think is fair I have a network of about 600 plus people of which I will be bringing him over the next couple years but he states that I will get all my renewals (85%) until I quit. My question is shouldn't I tell him I expect my renewals for life
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