Employee Suitability Clause Samples

Employee Suitability. Company has conducted, with respect to each current Employee, and will conduct with respect to each additional Employee, such skills testings, interviews, background investigations and other review of the suitability of such Employee as it determines necessary. Accord shall have no obligation or liability to Company with respect to the suitability of any Employee for his or her job responsibilities or for any act of or omission of any Employee. Accord may, at its option, conduct such testing and background investigations as it may deem appropriate.

Employee Suitability. By reason of Employee's knowledge and experience in financial and business matters in general, and investments in particular, Employee is capable of evaluating the merits and risks of this transaction and in bearing the economic risks of an [FLJ\AGR:HARTEMPL.AGR] 7 investment in the Option Shares and fully understand the speculative nature of such securities and the possibility of such loss. Further, Employee represents to the Company: (1) Employee is fully aware that any Option Shares issued to Employee prior to registration will be "Restricted Securities" as defined by Rule 144 of the Act and that any resale of such securities by Employee may be governed by Rule 144. Employee is further aware of the specific restrictions on resale of such securities contained in Rule 144. (2) Employee will not sell, transfer or otherwise dispose of any Option Shares issued or reserved for issuance hereunder prior to registration except in compliance with the Act. (3) Any and all certificates representing the Option Shares issued prior to registration of such shares, and any and all securities issued in replacement thereof or in exchange therefore, shall bear the following legend: "The shares represented by this certificate have not been registered under the Securities Act of 1933 (the "Act") and are "restricted securities" as that term is defined in Rule 144 under the Act. The shares may not be offered for sale, sold, or otherwise transferred except pursuant to an effective Registration Statement under the Act or pursuant to an exemption from registration under the Act, the availability of which is to be established to the satisfaction of the Company."

Employee Suitability. An employee suitable for telework is an individual with personal characteristics that include the following: The employee has demonstrated motivation, independence, and dependability in accomplishing work assignments. The employee has good time-management skills. The individual is motivated, independent, dependable, and does not require close supervision. The employee has satisfied the adequate home work station requirements, including the availability of equipment and provisions for protecting the confidentiality of data. The employee must complete the Departmental IT Security and the Departmental Telework Awareness training requirements before the immediate supervisor approves the telework agreement. The employee’s alternate work site meets acceptable standards for the safety of the employee and the security of data and any Government-loaned equipment.