OPINION
BEA ANN SMITH, Justice.
This case involves a dispute between two life-insurance agents over a large commission. Michael Coffey, an agent of New York Life Insurance Company, was asked by financial advisors of the CEO of Mary Kay Cosmetics to help implement a complex set of estate-planning transactions that included a “split dollar conversion” of a $10 million New York Life term policy. This transaction generated a large commission for Coffey. Phillip Miller, another New York Life agent, was the permanent servicing agent on the policy. Both Miller and Coffey were obligated under their respective contracts with New York Life to follow the rules for client contact. Miller alleged that, although Coffey did eventually contact him about his work on the poli
cy, Coffey violated the rules by failing to contact him as soon as he began to work on the conversion. Miller sued New York Life for breach of its contract with him and for negligent misrepresentation; he also sued Coffey for tortious interference with Miller’s contracts with New York Life. The claims were submitted to a jury, which returned a verdict in Miller’s favor. The court rendered judgment on the verdict awarding Miller $38,236.67 on his contract claim and $100,000 on his negligent-misrepresentation claim, both against New York Life, and awarding him $38,236.68 in compensatory and punitive damages against Coffey. The trial court denied New York Life’s motions for judgment notwithstanding the verdict, new trial, and remittitur. On appeal, New York Life and Coffey challenge the legal and factual sufficiency of the evidence. We hold that the evidence is legally insufficient to support the findings that New York Life breached its contract with Miller and made a negligent misrepresentation, and the finding that Coffey intentionally interfered with Miller’s contract with New York Life. We reverse the trial court’s judgment and render judgment that Miller take nothing on his claims.
BACKGROUND
Miller as Agent and Successor Agent
In 1997, Phillip Miller left a career in the non-profit sector to become a New York Life insurance agent. At that time, Miller signed the company’s standard agent’s contract. Albert Almanza was instrumental in recruiting Miller and became his mentor at New York Life. When Al-manza retired in 1999, he made Miller his successor agent. This meant that Alman-za turned over his “book of business”
to Miller, and Miller became the servicing agent on all of the policies that Almanza had sold. As a part of this process, Miller signed a second contract, a successor-agent agreement.
The purpose of New York Life’s successor-agent program is to provide unbroken service to policyholders when an agent retires. Under the program, the commissions from policies in effect at the time of the succession continue to go to the original agent, while the successor agent receives certain renewal premiums as compensation for servicing the policies. The true value of being a successor agent, however, is the opportunity to establish relationships and make new sales to existing New York Life policyholders. Nothing in the successor-agent agreement gives the successor agent exclusive access to, or the exclusive right to sell New York Life products to, any policyholder.
Before he became Almanza’s successor agent, Miller’s book of business contained approximately 300 policyholders. Alman-za’s book of business, compiled over an entire career, was much more extensive, numbering between 1600 and 1800 policyholders.
Before approving the succession, New York Life required Miller to hire an administrative assistant and lease additional office space to ensure that he was able to meet his new policy-servicing obligations and take full advantage of his new opportunities to sell New York Life products.
Richard Rogers’s Term-Life Policy
Almanza’s book of business included a $10 million term-life policy
written on Richard Rogers, the CEO of Mary Kay Cosmetics. Rogers’s estate-planning and insurance matters were handled by a' team of financial advisors. Gary Stallard, an independent insurance broker, was the team member in charge of insurance matters. In the early 1990s, Rogers’s trustee purchased the New York Life term policy as a part of Rogers’s estate plan. Although Stallard can sell New York Life products himself as an independent broker, he instead placed the policy through Almanza and split the commission with him. Stallard testified that he did so at the insistence of Mary Kay’s treasurer, Walter Trapp, who was Almanza’s personal friend. Stallard also testified that Al-manza never interacted with any of the other members of Rogers’s estate-planning team.
In early 2000, Stallard began to implement a complex set of transactions called “split-dollar conversions” of Rogers’s life-insurance policies.
He had been considering such transactions for several years, but the issue had never before reached “the front burner with the team.” Because of the extreme complexity of the planning, Stallard began looking for someone with “at least [his] level of expertise when it comes to split-dollar estate planning issues.” He testified that he was “mostly concerned about the New York Life [policy]” and wanted “help with, the nuances of their product.” After asking around the Dallas insurance community, Stallard asked Michael Coffey with the Dallas office of New York Life to work with him on the project. Stallard first asked Coffey to work as a consultant for a fixed fee but eventually offered him a portion of the commissions.
Although both Stallard and Coffey worked on converting all of Rogers’s insurance policies, they eventually decided that Coffey would take the New York Life commission of $191,183.38 and Stallard would keep the commissions on the other policies. The commission on the New York Life policy represented approximately twenty percent of the total commissions generated by the policy conversions.
Rules for Client Contact
New York Life has rules of conduct for chent contact that require an agent to determine whether another New York Life agent has an established client relationship before becoming involved with a prospective customer. If an agent discovers that a prospective customer has a pre-existing relationship with another New York Life agent, he is required to notify the other agent of the contact. If a dispute over a commission arises, the rules require the agents to submit the dispute to their respective managing partners and then to the agency standards officer for the Zone office;
the rules additionally provide that the “[mjanaging partner or the Zone will have the authority to decide the assignment of commissions according to their business judgment.”
During their initial meeting, Stallard told Coffey about the history of the New York Life policy, noting that Almanza was no longer the servicing agent. A short time later, Coffey asked his managing partner, Mark Koskovich, how he should handle this unusual situation.
Koskovich immediately contacted the West Central Zone office and was informed that Coffey needed to contact the current servicing agent.
Koskovich relayed this information to Coffey.
Coffey sent Miller the following letter dated March 21, 2000:
The owner of this contract, Mr. John Rochon of the Richmont Corporation [Mr. Rogers’s trustee under his estate plan] and the insured, Mr. Richard R. Rogers [have] asked me to service this contract.
This courtesy letter is to let you know that I will be handling the servicing of this contract according to the wishes of the insured.
When he received the letter on March 27, 2000, Miller filed it away. He did not attempt to speak with Coffey or any of Rogers’s estate-planning team, nor did he attempt to speak with his managing partner. Coffey and Stallard effected the policy conversion a little over a week later. When Miller eventually discovered that the policy had been converted and that Coffey had received the full commission, he sent Coffey e-mail and voice-mail messages, and a formal letter, indicating that as the servicing agent he was entitled to some portion of the commission and that he wished to speak with Coffey to resolve the matter. Coffey left Miller voice-mail messages but the two never actually spoke. Coffey testified that he then contacted the Zone office to inform it of the potential dispute, and was told that the Zone would “handle it from this point.” Apparently in response to Coffey’s call, someone at the Zone office contacted Carl Carter, Miller’s managing partner, and asked him to tell Miller to stop attempting to contact Coffey. Miller then discussed his complaint with Carter. Carter testified that he initially did not believe that Miller was entitled to any share of the commission because Miller had not responded to Coffey’s letter. Carter nonetheless attempted to contact Coffey’s managing partner. When he found that Coffey’s managing partner was out of town, Carter contacted the Zone office and was informed that an investigation had been conducted and a decision had been reached. A few weeks later, according to Carter, Miller convinced him that he might be entitled to some portion of
Coffey’s commission. Carter then asked Miller to detail his position in a letter to him, which he forwarded to the Zone office.
After considering Miller’s letter and contacting Coffey to answer some questions, Charmaine Goodman, the agency standards officer for the West Central Zone, decided that in her judgment Coffey was entitled to the full commission. She sent Miller her decision in a letter which addressed each of his complaints. A few weeks later, Miller responded, indicating his surprise that Carter had forwarded his letter to the Zone and asking Goodman to reconsider “the overall circumstances surrounding the transaction.” Miller provided Goodman a timeline and claimed that Coffey had not given him adequate time to respond before transacting business with Roger’s advisors. Miller also requested an interview. After attempting to reach him by telephone, Goodman sent Miller the following e-mail message:
... [W]e seem to be playing phone tag and I will not be available the rest of the week. I did take the opportunity to review the file again and based on the information you provided in your letter to Carl Carter, your letter dated 6/21 [i.e. Miller’s letter to Goodman] and your voice mails we do not see a reason to make any adjustments to our earlier decision. You had not personally written any business on Richard Rogers and he wanted to do business with another agent. The agent from whom you inherited your business (Albert Almanza) also did not have a personal relationship with Rogers.
After Richard Rogers and John Rincon contacted Coffey about handling their insurance, Coffey did notify you in writing on 3/21/00 that Rogers wished to do business with him, according to the code of ethics requirement.
Based upon the above information, we did not find any reason to adjust commissions. I am sorry our response could not have been more favorable.
The Lawsuit
Miller then filed suit against Coffey and New York Life. He alleged among other things that New York Life was liable for breach of contract and negligent misrepresentation and that Coffey had tortiously interfered with the contractual relationship between Miller and New York Life.
The case was tried to a jury, which found that New York Life had breached its contract and made a negligent misrepresentation to Miller. The jury awarded Miller $38,236.67 on the breach-of-contract claim and $100,000 on the negligent-misrepresentation claim. The jury also found that Coffey had tortiously and maliciously interfered with Miller’s contract. It awarded Miller $28,677.51 in actual damages and $9559.17 in exémplary damages, totaling $38,236.68, on the tortious-interference claim.
The jury’s combined awards on the breach-of-contract and tortious-inter-ference claims totaled $76,473.35, precisely forty percent of Coffey’s $191,183.38 commission, one-half to be paid by Coffey and one-half charged to New York Life. New
York Life and Coffey appeal, claiming among other things that the evidence is insufficient to support these jury findings.
DISCUSSION
New York Life claims that there is no evidence or factually insufficient evidence to support the jury’s findings that it breached its contract with Miller, and that it made a negligent misrepresentation to Miller. Coffey claims that there is no evidence or factually insufficient evidence to support the jury’s finding that he tor-tiously interfered with Miller’s contract with New York Life.
To review the evidence under a no-evidence point, we consider all the evidence in the fight most favorable to the prevailing party, indulging every reasonable inference in that party’s favor.
Associated Indem. Corp. v. CAT Contracting, Inc.,
964 S.W.2d 276, 285-86 (Tex.1998);
Transportation Ins. Co. v. Moriel,
879 S.W.2d 10, 24 (Tex.1994). We will uphold the finding if more than a scintilla of evidence supports it.
Burroughs Wellcome Co. v. Crye,
907 S.W.2d 497, 499 (Tex. 1995). The evidence supporting a finding amounts to more than a scintilla if reasonable minds could arrive at the finding given the facts proved in the particular case.
See id.; Moriel,
879 S.W.2d at 25.
New York Life’s Breach of Contract
The elements of breach of contract are: (1) that a valid contract existed, (2) that the plaintiff performed or tendered performance, (3) that the defendant breached the contract, and (4) that the plaintiff was damaged as a result of the breach.
Wallace v. Ramon,
82 S.W.3d 501, 504 (Tex.App.-San Antonio 2002, no pet.);
see Snyder v. Eanes Indep. Sch. Dist.,
860 S.W.2d 692, 695 (Tex.App.-Austin 1993, writ denied). The primary concern of a court in construing a written contract is to ascertain the true intent of the parties as expressed in the instrument.
National Union Fire Ins. Co. v. CBI Indus.,
907 S.W.2d 517, 520 (Tex.1995). Only where a contract is first determined to be ambiguous may the court consider the parties’ interpretation and admit extraneous evidence to determine the true meaning of the instrument.
Id.
Whether a contract is ambiguous is a question of law for the court to decide.
Friendswood Dev. Co. v. McDade
+
Co.,
926 S.W.2d 280, 282 (Tex.1996). The determination is made by looking at the contract as a whole, in fight of the circumstances present at the time the contract was executed.
Id.
If a written contract is so worded that it can be given a definite or certain legal meaning, then it is not ambiguous.
Id.
Parol evidence is not admissible for the purpose of creating an ambiguity.
National Union,
907 S.W.2d at 520.
At trial, Miller pleaded and argued to the jury that New York Life breached both his agent’s contract and his successor-agent agreement. The jury found that New York Life had breached one or both of these agreements and awarded Miller $38,236.67. New York Life argues that there is no evidence to support either of Miller’s breach-of-contract theories. We agree.
In his agent’s contract, Miller agreed to abide by New York Life’s rules as set out in its agent’s handbook and elsewhere:
The Agent hereby (a) acknowledges receipt of the “Agent’s Handbook” and agrees to observe and abide by the limitations of authority and the rules specified in or issued as supplements to the Handbook which apply generally to Agents of New York Life; [and] (b) agrees that the Agent’s rights to receive commissions and service fees as provided in this contract shall be further subject to the rules relating to commission
and service fees as contained in the Agent’s Handbook or other published
New York
Life rules.
Section 14(a) of New York Life’s agent’s handbook states: .
“THE GENERAL REQUIREMENTS CONCERNING COMPENSATION are as follows: ... (ii) If there is any question or controversy between agents as to who is entitled to compensation for a particular policy, the company’s decision thereon shall be final.”
New York Life’s rules on client contact state:
WHEN CONFLICTS CAN NOT BE RESOLVED:
Remember, although it is company policy that any client can work with any agent they may choose, the Company reserves the right in conflict situations under section 14aii of the Agent’s Handbook to assign commissions according to the Company’s judgment.
In any conflict situation the Managing Partner or the Zone will have the authority to decide the assignment of commissions according to their business judgment.
The decision will be based on all facts relating to the case. Specific attention will be paid to the degree to which you have adhered to these rules and prior violations of the rules. The assignment of commissions, if the agent has been particularly egregious in ignoring these rules, may include the assigning of
100%
of the commission on a new sale to the original agent, as well as appropriate disciplinary action.
All decisions will be made on a case by case basis....
Miller spent much of the trial attempting to prove that
Coffey
failed to comply with New York Life’s rules of conduct. Larry Reiber — the New York Life training officer who conducted Miller’s training— testified that Coffey should have notified Miller sooner of his involvement with Stal-lard and that the letter Coffey sent to Miller was inadequate. However, instead of suing Coffey for breach of his agent’s contract with New York Life on a third-party-beneficiary theory, Miller sued
New York Life
for breach of
Miller’s
own agent’s contract and successor-agent agreement, and sued Coffey for tortious interference with those contracts.
The consistent theme of Miller’s argument and evidence below was that by allowing Coffey to keep the entire commission, New York Life failed to “protect” Miller’s book of business. He continues this line of argument on appeal, claiming that “New York Life had an obligation to prevent Coffey from raiding his newly earned book of business” and that “[t]o sanction Coffey’s raid on Miller’s book of business is to pretend that New York Life never approved its successor agreement with Miller.”
Miller’s argument that his successor-agent agreement was breached is somewhat confusing because the agreement itself does not address commission disputes. As discussed above, the successor-agent agreement simply makes Miller the permanent servicing agent for Almanza’s former clients. Miller introduced as parol evidence his own testimony that Carter “led [him] to believe” that the business he inherited from Almanza would be “protected,” although he admitted that the written agreement contained no such promise. The remainder of the testimony relating to “protection” of Miller’s business relates to the degree of protection that Miller was entitled to under the rules of client eon-
duct, a part of his agent’s contract.
In order to have a binding contract, the essential terms must be sufficiently certain to define the rights of the parties.
See Stinger v. Stewart & Stevenson Serv., Inc.,
830 S.W.2d 715, 720 (Tex. App.-Houston [14th Dist.] 1992, writ denied). A vague assertion that Miller’s business would be “protected” to some unspecified degree is itself far too indefinite to create a binding contractual obligation. Moreover, it is only when a contract is first determined to be ambiguous that courts may consider the parties’ interpretation.
National Union,
907 S.W.2d at 520. If contract language is not fairly susceptible to more than one meaning, extrinsic evidence is inadmissible to contradict or vary the meaning of the explicit language of the parties’ written agreement.
Id.
at 521. Here, the precise degree of protection that New York Life owed Miller under his contracts is explicit. If a commission dispute arises, Miller is entitled to have New York Life resolve the dispute in its business judgment. The fact that New York Life resolved the dispute between Miller and Coffey in a way that Miller does not agree with does not indicate that it breached its contract.
See Stinger,
830 S.W.2d at 721 (“the fact that the company decided to act on its discretionary power [to adjust commissions] to appellant’s detriment does not make it a breach of contract”). Goodman resolved the commission dispute based on the facts relating to the case. She considered among other things the degree to which Coffey had complied with the rules as she interpreted them, the length of the period between Coffey’s notification and the conversion of the policy, the fact that neither Almanza nor Miller had been personally involved with Rogers or Rogers’s estate-planning team, and the fact that the client clearly desired to do business with Coffey. Miller simply disagreed with Goodman’s determination and sought to have a jury readjudicate his commission dispute with Coffey.
New York Life did not make any contractually binding promise that, as a successor agent, Miller would be automatically entitled to a share of commissions on future transactions involving the policyholders to whom he was assigned. Moreover, under the unambiguous provisions of the agent’s contract, agent’s handbook,
and rules for client contact, New York Life acted within its right to resolve the commission dispute between Miller and Coffey. We sustain New York Life’s first issue, reverse the judgment of the trial court that New York Life breached its contract with Miller, and render judgment that Miller take nothing on his breach-of-contract claim.
Negligent Misrepresentation
To establish a claim for negligent misrepresentation, Miller was required to prove that, without exercising reasonable care or competence, New York Life made a representation in the course of its business, or in a transaction in which it had a pecuniary interest, which contained “false information” for the guidance of Miller in his business.
See Federal Land Bank Ass’n v. Sloane,
825 S.W.2d 439, 442 (Tex.1991). He also was required to prove that he suffered pecuniary loss by justifiably relying on the information.
See id.
Significantly, the sort of “false information” contemplated in a negligent-misrepresentation case is a statement of
existing fact,
not a promise of future conduct.
Key v. Pierce,
8 S.W.3d 704, 709 (Tex. App.-Fort Worth 1999, pet. denied);
Allied Vista, Inc. v. Holt,
987 S.W.2d 138, 141 (Tex.App.-Houston [14th Dist.] 1999, pet. denied);
Smith v. Sneed,
938 S.W.2d 181, 185 (Tex.App.-Austin 1997, no writ);
Airborne Freight v. C.R. Lee Enters.,
847 S.W.2d 289, 294-95 (Tex.App.-El Paso 1992, writ denied). Moreover, the tort of negligent misrepresentation frequently involves a defendant’s statement that a contract exists, upon which the plaintiff relies, only later to discover that the contract has been rejected or never completed.
Airborne Freight,
847 S.W.2d at 295;
see, e.g., Sloane,
825 S.W.2d at
4A0-4Á2.
Thus, negligent misrepresentation is a cause of action recognized in lieu of a breach-of-contract claim, and is not usually available when a contract is in force between the parties.
Airborne Freight,
847 S.W.2d at 295.
It is not entirely clear from the record what “misrepresentations” Miller claimed were made. In his brief, Miller claims that he detrimentally relied on New York Life’s representations that it would “protect his book of business by ... mandating that unassigned agents could not develop in any manner business relations with an assigned client unless and until the assigned agent was notified.” He claims that these representations were made “personally, in training, and by written word.” Our review of the record indicates that nearly all of the references to “protection” of Miller’s book of business involve interpretation of contractual terms.
In these circumstances, we agree with New York Life that any representations involving the degree of protection Miller would receive are not actionable in negligent misrepresentation. To the extent that Miller is claiming that New York Life’s failure to honor its written contract, as. Miller interprets it, itself constitutes negligent misrepresentation, his position is unquestionably erroneous.
See id.
Moreover, even if New York Life promised a
degree of protection beyond that contained in Miller’s written contract, such a promise relates entirely to rights of the parties which are already defined by a contract in force between them and is therefore not actionable as a negligent misrepresentation.
See id.
To hold otherwise would allow Miller to convert a clear contract-interpretation dispute into a negligent-misrepresentation claim.
Cf. D.S.A., Inc. v. Hillsboro Indep. Sch. Dist,
973 S.W.2d 662, 664 (Tex.1998). Moreover, none of New York Life’s alleged statements regarding “protection” are statements of existing fact. They all relate to promises regarding future conduct only.
There are a few other representations that Carter allegedly made to Miller regarding the value of Almanza’s book of business. Miller testified that Carter told him that the possibility of succeeding Al-manza was “a huge opportunity,” and that Miller “could make at least a hundred thousand” dollars on the Almanza book of business.
These are undoubtedly not statements of existing fact, and are therefore not actionable in negligent misrepresentation.
Key,
8 S.W.3d at 709;
Allied Vista, Inc.,
987 S.W.2d at 141;
Sneed,
938 S.W.2d at 185;
Airborne Freight,
847 S.W.2d at 294r-95. Miller comes close to conceding as much in his brief. In responding to New York Life’s argument regarding such statements, Miller states only that “[t]he Managing Partner’s statements concerning potential future earning are not the only possible allegations of misrepresentations. The record is replete with descriptions of New York Life’s representations as to how it would protect Miller’s book of business, or any agent[’s] book of business.” We therefore sustain New York Life’s second issue, reverse the judgment of the trial court finding New York Life liable for making a negligent misrepresentation to Miller, and render judgment that Miller take nothing on this claim.
Coffey’s Tortious Interference
We now turn to Coffey’s claim that there is no evidence or insufficient evidence that he tortiously interfered with Miller’s contract with New York Life. To sustain a claim of tortious interference, Miller was required to prove four elements: (1) that a contract subject to interference exists; (2) that the alleged act of interference was willful and intentional; (3) that the willful and intentional act proximately caused damage; and (4) that actual damage or loss occurred.
See ACS Investors, Inc. v. McLaughlin,
943 S.W.2d 426, 430 (Tex.1997).
At trial, Miller arguably introduced more than a scintilla of evidence that Coffey did not fully comply with the rules of conduct for client contact; however, he produced no evidence that Coffey’s behavior amounted to willful interference with Miller’s agreements with New York Life. Under its agent’s contract with Miller, New York Life was obligated to resolve this commission dispute in its business judgment, an obligation which New York Life fulfilled. Ordinarily, inducing a contract obligor to do what it has a right to do is not actionable interference.
Id.
We hold that, in these circumstances, because New York Life did not breach its agreement with Miller, Coffey is not liable for tortious interference with those agreements. We therefore sustain Coffey’s first issue, reverse the trial court’s judgment that Coffey tortiously interfered with Miller’s contract, and render judgment that
Miller take nothing on his claim against Coffey.
CONCLUSION
The record contains no evidence that New York Life breached any contract it had with Miller. New York Life did precisely what it was obligated to do by resolving the dispute between Miller and Coffey. Because New York Life did not breach its contracts with Miller, Coffey is not liable for tortious interference with those contracts. Moreover, there is no evidence of any statement made by New York Life that is actionable as a negligent misrepresentation. We therefore reverse the judgment that the trial court entered on the jury’s verdict and render judgment that Miller take nothing.