Dishonesty of employees Sample Clauses

Dishonesty of employees. We will indemnify you for liability as result of any claim against you during the period of insurance when alleged in conjunction with a claim covered under the ‘Civil liability’ clause arising directly or indirectly from any dishonest, fraudulent, malicious or criminal act or omission of any of your employees excluding partners, directors or principals, but the insurance by this policy excludes any indemnity to your employees committing or colluding in the dishonest act, fraud, malicious or illegal act or omission.
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Dishonesty of employees. The Company agrees to pay on behalf of the Insured, who is not the actual perpetrator, by reason of liability imposed by law for financial injury, because of any dishonest and fraudulent conduct committed by any employee while performing duties related to the conduct of their services. This coverage does not apply to financial injury arising out of any dishonest, criminal, fraudulent or malicious conduct committed by or with the consent or knowledge of the Insured except the actual perpetrator.
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Dishonesty of employees. Coverage A.1. Fidelity Loss resulting directly from dishonest or fraudulent acts committed by an Employee acting alone or in collusion with others, which acts are committed by the Employee with the intent: a. to cause the Insured to sustain such loss; or SPECIMEN b. to obtain improper financial benefit for the Employee or another person or entity. If, however, some or all of the Insured's loss results directly or indirectly from any Loan, that portion of the loss is not covered unless: (1) the Employee acted with the intent to cause the Insured to sustain such loss; (2) the Employee was in collusion with one or more parties to the transaction; and (3) (a) the Employee has received, in connection therewith, an improper financial benefit; or
Sample 1
Dishonesty of employees. Notwithstanding the provisions of exclusion 2. of this Contract, indemnify the Insured against any Claim or Claims first made against them, or any of them, during the Period of Insurance and which has been notified by the Insured to Underwriters in writing during the Period of Insurance which were brought about or contributed to by the dishonest, fraudulent, criminal, reckless or malicious act or omission of any Employee. This Contract shall not provide indemnity to any person committing or condoning such dishonest, fraudulent, criminal, reckless or malicious act. This extension excludes any Claim for loss of money, negotiable instruments, bearer bonds or coupons, stamps, bank or currency notes.
Sample 1
Dishonesty of employees. Forgery of securities, check, drafts or other written instruments.
Sample 1
Dishonesty of employees. Notwithstanding the exclusion Number 7.13 Fraud & Dishonesty, the Company agrees to pay on behalf of, or indemnify the Insured who is not the actual perpetrator, against the Legal liability because of any dishonest and fraudulent conduct or act committed by any employee of the Insured, while performing their Professional Services. This coverage does not apply to any person, company or any other entity in respect of Legal liability arising out of any dishonest, criminal, fraudulent or malicious conduct or act committed by or with the consent or condoned by or within the knowledge of the Insured or in respect of a Claim arising out of, or in any way connected with loss of Money.
Sample 1
Dishonesty of employees. Notwithstanding exclusion 2. of this Contract, any Claim first made against the Insured, or any of them, during the Period of Insurance and notified by the Insured to Underwriters in writing during the Period of Insurance, brought about or contributed to by the dishonest, fraudulent, criminal, reckless or malicious act or omission of any Employee. This Contract shall not provide indemnity to any person committing or condoning such dishonest, fraudulent, criminal, reckless or malicious act. This cover excludes any Claim for loss of money, negotiable instruments, bearer bonds or coupons, stamps, bank or currency notes.
Sample 1
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Related to Dishonesty of employees

  • Disability of Employee If the Employee, in the reasonable opinion of the Company, is unable to perform his duties under this Agreement by reason of incapacity, either physical or mental, as determined in accordance with the MIIX Group of Companies Long Term Disability Group Benefit Plan (the "LTD Plan"), or similar plan which may be in effect from time to time, the Company shall have the right to terminate the Employee's employment upon written notice to the Employee, whereupon such termination shall be effective as of the date specified in such notice (the "Termination Date") and the Company shall have no further obligations under this Agreement, except the obligation to pay to the Employee: (1) the balance of his accrued and unpaid Base Salary, (2) unreimbursed expenses, (3) unused, accrued vacation time (up to a maximum of three weeks) through the Termination Date, (4) any other applicable severance payments provided for in Section 4 hereof, and (5) any other benefits earned by the Employee and vested (if applicable) as of the Termination Date under any employee benefit plan of the Company or its affiliates in which the Employee participates. If the Company determines not to terminate the Employee's employment in the event of a disability as allowed under this Section 3.2, the Company shall continue to pay Base Salary to the Employee for a period of up to ninety days, and shall pay the difference between Base Salary and benefits paid to the Employee under the LTD Plan for a period of up to six months thereafter, paid in accordance with the Company's normal payroll practices, while the Employee is not working. If the Employee, in the reasonable opinion of the Company, remains disabled at the end of such nine month period, his employment shall be deemed terminated and he shall receive the benefits provided for in this Section 3.2.

  • Property of Employer Officer agrees that, upon the termination of Officer’s employment with Employer, Officer will immediately surrender to Employer all property, equipment, funds, lists, books, records and other materials of Employer or its controlled subsidiaries or affiliates in the possession of or provided to Officer, provided, however, Officer shall be entitled to retain individualized bound volumes of transaction documents in which Officer provided services.

  • PROTECTION OF EMPLOYEES Any Employee who in good faith reports a suspected or actual violation of law, regulation, University policy or procedure, or ethical or professional standards, will be protected from retaliation as a result of such reporting, regardless of whether or not, after investigation, a violation is found to have occurred.

  • Termination of Employees Agent may in its discretion stop using any Retained Employee at any time during the Sale, subject to the conditions provided for herein. In the event that Agent desires to cease using any Retained Employee, Agent shall notify Merchant at least seven (7) days prior thereto, so that Merchant may coordinate the termination of such employee; provided, however, that, in the event that Agent determines to cease using an employee “for cause” (which shall consist of dishonesty, fraud or breach of employee duties), the seven (7) day notice period shall not apply, provided further, however, that Agent shall immediately notify Merchant of the basis for such “cause” so that Merchant can arrange for termination of such employee. From and after the date of this Agreement and until the Sale Termination Date, Merchant shall not transfer or dismiss Retained Employees except “for cause” without Agent’s prior consent. Notwithstanding the foregoing, Agent shall not have the right to terminate the actual employment of any Retained Employee, but rather may only cease using such employee in the Sale and paying any Expenses with respect to such employee.

  • Continuity of Employment This Option shall not be exercisable by the Grantee in any part unless at all times beginning with the date of grant and ending no more than three (3) months prior to the date of exercise, the Grantee has, except for military service leave, sick leave or other bona fide leave of absence (such as temporary employment by the United States Government) been in the continuous employ of the Company or a parent or subsidiary thereof, except that such period of three (3) months shall be one (1) year following any termination of the Grantee's employment by reason of his permanent and total disability.

  • Not a Contract of Employment This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate employment.

  • Death of Employee Any distribution or delivery to be made to the Employee under this Agreement will, if the Employee is then deceased, be made to the administrator or executor of the Employee’s estate. Any such administrator or executor must furnish the Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

  • Notification of Employees A. Written notice of layoff shall be given to an employee or sent by mail to the last known mailing address at least fourteen (14) calendar days prior to the effective date of the layoff. Notices of layoff shall be served on employees personally at work whenever practicable. B. It is the intent of the parties that the number of layoff notices initially issued shall be limited to the number of positions by which the work force is intended to be reduced. Additional notices shall be issued as other employees become subject to layoff as a result of employees exercising reduction rights under Section 5. C. The notice of layoff shall include the reason for the layoff, the proposed effective date of the layoff, the employee's hire date, the employee's layoff points, a list of classes in the employee's occupational series within the layoff unit, the employee's rights under Sections 5. and 6. and the right of the employee to advise the County of any objection to the content of the layoff notice prior to the proposed effective date of the layoff.

  • Employment of Employee (a) Except as provided in Sections 2(b), 2(c) and 2(d), nothing in this Agreement shall affect any right which Employee may otherwise have to terminate Employee's employment, nor shall anything in this Agreement affect any right which the Company may have to terminate Employee's employment at any time in any lawful manner. (b) In the event of a Potential Change in Control, to be entitled to receive the benefits provided by this Agreement, Employee will not voluntarily leave the employ of the Company, and will continue to perform Employee's regular duties and the services specified in the recitals of this Agreement until the Change in Control Date. Should Employee voluntarily terminate employment prior to the Change in Control Date, this Agreement shall lapse upon such termination and be of no further force or effect. (c) If Employee's employment terminates on or after the Change in Control Date, the Company will provide to Employee the payments and benefits as provided in Sections 3 and 4. (d) If Employee's employment is terminated by the Company prior to the Change in Control Date but on or after a Potential Change in Control Date, then the Company will provide to Employee the payments and benefits as provided in Sections 3 and 4 unless the Company reasonably demonstrates that Employee's termination of employment neither (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change in Control nor (ii) arose in connection with or in anticipation of a Change in Control. Solely for purposes of determining the timing of payments and the provision of benefits in Sections 3 and 4 under the circumstances described in this Section 2(d), Employee's date of termination shall be deemed to be the Change in Control Date.

  • Compensation of Employees Compensate its employees for services rendered at an hourly rate at least equal to the minimum hourly rate prescribed by any applicable federal or state law or regulation.

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