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.
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Employee Agents. To employ suitable agents, custodians and counsel to pay their reasonable expenses and compensation out of the Trust Fund;
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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.
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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.
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Related to Employee Agents

  • Employee Agreements The Company will cause each person now or hereafter employed by it or by any subsidiary (or engaged by the Company or any subsidiary as a consultant/independent contractor) with access to confidential information and/or trade secrets to enter into a nondisclosure and proprietary rights assignment agreement.

  • Executive Executive’s rights and obligations under this Agreement shall not be transferable by Executive by assignment or otherwise, without the prior written consent of the Company; provided, however, that if Executive shall die, all amounts then payable to Executive hereunder shall be paid in accordance with the terms of this Agreement to Executive’s devisee, legatee, or other designee, or if there be no such designee, to Executive’s estate.

  • Employee Arrangements Schedule 5.16 is a complete and correct list and summary description of all (i) union, collective bargaining, employment, management, termination and consulting agreements to which the Company is a party or otherwise bound, and (ii) compensation plans and arrangements; bonus and incentive plans and arrangements; deferred compensation plans and arrangements; pension and retirement plans and arrangements; profit-sharing and thrift plans and arrangements; stock purchase and stock option plans and arrangements; hospitalization and other life, health or disability insurance or reimbursement programs; holiday, sick leave, severance, vacation, tuition reimbursement, personal loan and product purchase discount policies and arrangements; and other plans or arrangements providing for benefits for employees of the Company. Said Schedule also lists the names and compensation of all employees of the Company whose earnings during the last fiscal year was $50,000 or more (including bonuses and other incentive compensation), and all employees who are expected to receive at least said amount in respect of the present year.

  • EMPLOYEE Employee’s rights and obligations under this Agreement shall not be transferable by Employee by assignment or otherwise, without the prior written consent of the Company; provided, however, that if Employee shall die, all amounts then payable to Employee hereunder shall be paid in accordance with the terms of this Agreement to Employee’s devisee, legatee, or other designee, or if there be no such designee, to Employee’s estate.

  • Employee Agreement The Employee Agreement entered into by and between the Company and the Employee as it may be amended from time to time.

  • The Executive This Agreement is personal to the Executive and, without the prior express written consent of the Company, shall not be assignable by the Executive, except that the Executive’s rights to receive any compensation or benefits under this Agreement may be transferred or disposed of pursuant to testamentary disposition, intestate succession or pursuant to a domestic relations order. This Agreement shall inure to the benefit of and be enforceable by the Executive’s heirs, beneficiaries and/or legal representatives.

  • Employer The term “Employer” means the Company and/or any subsidiary of the Company that employed the Executive immediately prior to the Effective Date.

  • 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.

  • Employees Except as set forth on Schedule 4.14, neither the Company nor any of its Subsidiaries has any collective bargaining agreements with any of its employees. There is no labor union organizing activity pending or, to the Company's knowledge, threatened with respect to the Company or any of its Subsidiaries. Except as disclosed in the Exchange Act Filings or on Schedule 4.14, neither the Company nor any of its Subsidiaries is a party to or bound by any currently effective employment contract, deferred compensation arrangement, bonus plan, incentive plan, profit sharing plan, retirement agreement or other employee compensation plan or agreement. To the Company's knowledge, no employee of the Company or any of its Subsidiaries, nor any consultant with whom the Company or any of its Subsidiaries has contracted, is in violation of any term of any employment contract, proprietary information agreement or any other agreement relating to the right of any such individual to be employed by, or to contract with, the Company or any of its Subsidiaries because of the nature of the business to be conducted by the Company or any of its Subsidiaries; and to the Company's knowledge the continued employment by the Company or any of its Subsidiaries of its present employees, and the performance of the Company's and its Subsidiaries' contracts with its independent contractors, will not result in any such violation. Neither the Company nor any of its Subsidiaries is aware that any of its employees is obligated under any contract (including licenses, covenants or commitments of any nature) or other agreement, or subject to any judgment, decree or order of any court or administrative agency, that would interfere with their duties to the Company or any of its Subsidiaries. Neither the Company nor any of its Subsidiaries has received any notice alleging that any such violation has occurred. Except for employees who have a current effective employment agreement with the Company or any of its Subsidiaries, no employee of the Company or any of its Subsidiaries has been granted the right to continued employment by the Company or any of its Subsidiaries or to any material compensation following termination of employment with the Company or any of its Subsidiaries. Except as set forth on Schedule 4.14, the Company is not aware that any officer, key employee or group of employees intends to terminate his, her or their employment with the Company or any of its Subsidiaries, nor does the Company or any of its Subsidiaries have a present intention to terminate the employment of any officer, key employee or group of employees.

  • The Bank 1. shall perform the duties imposed on the Bank under the Ordinance.

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