Employee Agents Sample Clauses
Employee Agents. Each employee or officer of GTIA (the “Agency”) acting as an Insurance Producer on behalf of such Agency (each, an “Employee Agent”) is, and during the past 36 months in which such employee or officer has acted as an Insurance Producer on behalf of such Agency has been, duly registered with and/or licensed by the appropriate Governmental Entity in jurisdictions requiring such registration and/or license for the business such Employee Agent conducts or has conducted as an Insurance Producer on behalf of such Agency. Section 3.1(n) of the Disclosure Schedule sets forth a true and complete list of the Employee Agents as of the date hereof. To the Knowledge of the Seller, no such Employee Agent is in material violation of any Applicable Law applicable to the brokering, writing, sale or production of the business of the Agency or has breached the terms of any applicable agency or broker contract. Since December 31, 2012, there has not been a proceeding and there is no proceeding pending or, to the Knowledge of Seller, threatened, to suspend, revoke or limit any such license or registration. To the Knowledge of Seller, no Person, other than an Employee Agent, is acting as an Insurance Producer for or on behalf of an Agency.
Employee Agents. To the Knowledge of the Company, each Employee or officer of the Company or any of its Subsidiaries acting as an Insurance Producer on behalf of the Company or any Subsidiary of the Company (each, an “Employee Agent”) is, and at all times since January 1, 2020 during which such Employee or officer has acted as an Insurance Producer on behalf of the Company or any of its Subsidiaries, has been, duly registered with or licensed by the appropriate Governmental Authority in jurisdictions requiring such registration or license where such Employee Agent conducts or has conducted business as an Insurance Producer on behalf of the Company or such Subsidiary, except where the failure to do so would not, individually or in the aggregate, reasonably be expected to be material to the Company and its Subsidiaries, taken as a whole. Section 4.28 of the Company Disclosure Letter sets forth a true and complete list of the Employee Agents of the Company and its Subsidiaries as of the date hereof. To the Knowledge of the Company, since January 1, 2020, no Employee Agent has been in violation in any material respect of any Law applicable to the brokering, writing, sale or production of the business of the Company and its Subsidiaries, and, to the Knowledge of the Company, since January 1, 2020, none of the Employee Agents has finally been denied any application for any license, registration or other Governmental Authority authorization necessary to act as an Insurance Producer on behalf of the Company and its Subsidiaries. To the Knowledge of the Company, since January 1, 2020 through the date hereof, there has not been a proceeding and there is no proceeding pending or, to the Knowledge of the Company, threatened to suspend, revoke or limit any license or registration of any Employee Agent that would be material to the Company and its Subsidiaries, taken as a whole.
Employee Agents. Each party is responsible to ensure that its employees, agents, affiliates and sublicensees observe and comply with the confidentiality obligations of this Article 4.
Employee Agents. To employ suitable agents, custodians and counsel to pay their reasonable expenses and compensation out of the Trust Fund;