Contractor and Xxx Sample Clauses

Contractor and Xxx. Associates agree that all insurance business including accounts, commissions and rights concerning contracts of insurance secured, solicited and/or otherwise handled by Contractor are owned 50% by Xxx & Associates and 50% by the Controlling Agent on an account once the Controlling Agent has 100 controlled accounts. Taking policies written through Xxx & Associates and renewing or rewriting them through a different agency or directly through an insurance company apart from Xxx & Associates will be viewed as the agent’s desire to terminate this Agreement. In the event of termination of this Agreement by either party, Xxx & Associates shall retain first right of refusal for the purchase of the Contractor’s 50% ownership in policies produced by the Contractor. Xxx & Associates may exercise the right to purchase the Contractor’s 50% ownership by paying the Contractor 25% of the Agency Income on the accounts for as long as the accounts remain with Xxx & Associates. No ownership of accounts is afforded to Contractor until he or she has reached 100 controlled accounts. Ownership of an account extends only to the 50% for the controlling agent and 50% to Xxx & Associates. Any controlled accounts that are abandoned, either voluntarily or involuntarily, by a contractor who does not have 100 controlled accounts, become the controlled accounts of the contractor immediately overriding the controlled accounts.
Sample 1
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Contractor and Xxx. Associates agree that all insurance business including accounts, commissions and rights concerning contracts of insurance secured, solicited and/or otherwise handled by Contractor are owned 50% by Xxx & Associates and 50% by the Controlling Contractor on an account once the Controlling Contractor has qualified as BDD. Taking policies written through Xxx & Associates and renewing or rewriting them through a different agency or directly through an insurance company apart from Xxx & Associates will be viewed as the Contractor’s desire to terminate this Agreement. In the event of termination of this Agreement by either party, Xxx & Associates shall retain first right of refusal for the purchase of the Contractor’s 50% ownership in policies produced by the Contractor. Xxx & Associates may exercise the right to purchase the Contractor’s 50% ownership by paying the Contractor 25% of the Agency Income on the accounts for as long as the accounts remain with Xxx & Associates. No ownership of accounts is afforded to Contractor until he or she has qualified as BDD. Ownership of an account extends only to the 50% for the Controlling Contractor and 50% to
Sample 1
Contractor and Xxx. Associates agree that all insurance business including accounts, commissions and rights concerning contracts of insurance secured, solicited and/or otherwise handled by Contractor are owned 50% by Xxx & Associates and 50% by the Controlling Contractor on an account once the Controlling Contractor has qualified as BDD. Taking policies written through Xxx & Associates and renewing or rewriting them through a different agency or directly through an insurance company apart from Xxx & Associates will be viewed as the Contractor’s desire to terminate this Agreement. In the event of termination of this Agreement by either party, Xxx & Associates shall retain first right of refusal for the purchase of the Contractor’s 50% ownership in policies produced by the Contractor. Xxx & Associates may exercise the right to purchase the Contractor’s 50% ownership by paying the Contractor 25% of the Agency Income on the accounts for as long as the accounts remain
Sample 1

Related to Contractor and Xxx

  • Contractor and H GAC agree that Contractor shall cooperate with the END USER at the time an END USER purchase order is placed, to determine terms for any liquidated damages.

  • Contractor Parties A Contractor’s members, directors, officers, shareholders, partners, managers, principal officers, representatives, agents, servants, consultants, employees or any one of them or any other person or entity with whom the Contractor is in privity of oral or written contract and the Contractor intends for such other person or entity to Perform under the Contract in any capacity.

  • Contractor’s Project Manager and Key Personnel Contractor shall appoint a Project Manager to direct the Contractor’s efforts in fulfilling Contractor’s obligations under this Contract. This Project Manager shall be subject to approval by the County and shall not be changed without the written consent of the County’s Project Manager, which consent shall not be unreasonably withheld. The Contractor’s Project Manager shall be assigned to this project for the duration of the Contract and shall diligently pursue all work and services to meet the project time lines. The County’s Project Manager shall have the right to require the removal and replacement of the Contractor’s Project Manager from providing services to the County under this Contract. The County’s Project manager shall notify the Contractor in writing of such action. The Contractor shall accomplish the removal within five (5) business days after written notice by the County’s Project Manager. The County’s Project Manager shall review and approve the appointment of the replacement for the Contractor’s Project Manager. The County is not required to provide any additional information, reason or rationale in the event it The County is not required to provide any additional information, reason or rationale in the event it requires the removal of Contractor’s Project Manager from providing further services under the Contract.

  • Contractors and Subcontractors Drug-Free Workplace Act of 1988 1) Publish and give a policy statement to all covered employees informing them that the unlawful manufacture, distribution, dispensation, possession or use of a controlled substance is prohibited in the covered workplace and specifying the actions that will be taken against employees who violate the policy. 2) Establish a drug-free awareness program to make employees aware of a) the dangers of drug abuse in the workplace; b) the policy of maintaining a drug-free workplace; c) any available drug counseling, rehabilitation, and employee assistance programs; and d) the penalties that may be imposed upon employees for drug abuse violations. 3) Notify employees that as a condition of employment on a federal contract or grant, the employee must a) abide by the terms of the policy statement; and b) notify the employer, within five (5) calendar days, if he or she is convicted of a criminal drug violation in the workplace. 4) Notify the contracting or granting agency within ten (10) days after receiving notice that a covered employee has been convicted of a criminal drug violation in the workplace. 5) Impose a penalty on or require satisfactory participation in a drug abuse assistance or rehabilitation program by any employee who is convicted of a reportable workplace drug conviction. 6) Make an ongoing, good faith effort to maintain a drug-free workplace by meeting the requirements of the act.

  • Contractor If COUNTY elects to renegotiate this Agreement due to reduced or terminated 20 funding, CONTRACTOR shall not be obligated to accept the renegotiated terms.

  • Contractors All LAUSD Contractors and their Representatives are expected to conduct any and all business affiliated with LAUSD in an ethical and responsible manner that fosters integrity and public confidence. A “Contractor” is any individual, organization, corporation, sole proprietorship, partnership, nonprofit, joint venture, association, or any combination thereof that is pursuing or conducting business with and/or on behalf of LAUSD, including, without limitation, consultants, suppliers, manufacturers, and any other vendors, bidders or proposers. A Contractor’s “Representative” is also broadly defined to include any subcontractors, employees, agents, or anyone else who acts on a Contractor’s behalf.

  • Contractor Key Personnel ‌ The Contractor shall assign a Corporate OASIS SB Program Manager (COPM) and Corporate OASIS SB Contract Manager (COCM) as Contractor Key Personnel to represent the Contractor as primary points-of-contact to resolve issues, perform administrative duties, and other functions that may arise relating to OASIS SB and task orders solicited and awarded under OASIS SB. Additional Key Personnel requirements may be designated by the OCO at the task order level. There is no minimum qualification requirements established for Contractor Key Personnel. Additionally, Contractor Key Personnel do not have to be full-time positions; however, the Contractor Key Personnel are expected to be fully proficient in the performance of their duties. The Contractor shall ensure that the OASIS SB CO has current point-of-contact information for both the COPM and COCM. In the event of a change to Contractor Key Personnel, the Contractor shall notify the OASIS SB CO and provide all Point of Contact information for the new Key Personnel within 5 calendar days of the change. All costs associated with Contractor Key Personnel duties shall be handled in accordance with the Contractor’s standard accounting practices; however, no costs for Contractor Key Personnel may be billed to the OASIS Program Office. Failure of Contractor Key Personnel to effectively and efficiently perform their duties will be construed as conduct detrimental to contract performance and may result in activation of Dormant Status and/or Off-Ramping (See Sections H.16. and H.17.).

  • The Contractor must 16.1.1. treat all Authority Protected Information as confidential and safeguard it accordingly, implementing appropriate technical and organisational measures to protect Authority Protected Information against disclosure; 16.1.2. only use the Authority Protected Information for the purposes of performing its obligations under the Framework Agreement; 16.1.3. only disclose the Authority Protected Information to such Contractor Representatives that are directly involved in the performance of the Framework Agreement and need to know the information; and 16.1.4. not disclose any Authority Protected Information without the prior written consent of the Authority.

  • CONTRACT WORK HOURS AND SAFETY STANDARDS As per the Contract Work Hours and Safety Standards Act (40 U.S.C. 3701-3708), where applicable, all Customer Purchase Orders in excess of ,000 that involve the employment of mechanics or laborers must include a provision for compliance with 40 U.S.C. 3702 and 3704, as supplemented by Department of Labor regulations (29 CFR Part 5). Under 40 U.S.C. 3702 of the Act, each contractor must be required to compute the wages of every mechanic and laborer on the basis of a standard work week of 40 hours. Work in excess of the standard work week is permissible provided that the worker is compensated at a rate of not less than one and a half times the basic rate of pay for all hours worked in excess of 40 hours in the work week. The requirements of 40 U.S.C. 3704 are applicable to construction work and provide that no laborer or mechanic must be required to work in surroundings or under working conditions which are unsanitary, hazardous or dangerous. These requirements do not apply to the purchases of supplies or materials or articles ordinarily available on the open market, or contracts for transportation or transmission of intelligence.

  • CONTRACTOR's Agents and Subcontractors To impose the same restrictions and conditions set forth in this Personal Information and Security Contract on any subcontractors or other agents with whom CONTRACTOR subcontracts any activities under the Agreement that involve the disclosure of DHCS PI or PII to such subcontractors or other agents.

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