Common use of CAPACITY OF PERSONNEL AND STATUS OF FACILITIES Clause in Contracts

CAPACITY OF PERSONNEL AND STATUS OF FACILITIES. Whenever Insurer utilizes its personnel or contracts with others to perform services for the Adviser pursuant to this Agreement, such personnel or contract workers shall at all times remain employees or contract workers of Insurer, subject solely to its direction and control. The Adviser shall have no liability to such employees or contract workers for their welfare, salaries, fringe benefits, legally required employer contributions and tax obligations. No facility of Insurer used in performing services for or subject to use by Adviser shall be deemed to be transferred, assigned, conveyed or leased by performance or use pursuant to this Agreement.

Appears in 4 contracts

Samples: Administrative Services Agreement (Jefferson National Life Annuity Account G), Administrative Services Agreement (Tiaa Separate Account Va-3), Administrative Services Agreement (Thrivent Variable Annuity Account I)

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