Neglect of Duties Sample Clauses

Neglect of Duties. If the BOARD, in good faith, determines MINNESOTA LIFE is not fulfilling its contract obligations and meeting performance standards as defined in this contract and as detailed in Article VI, the BOARD shall submit a notice in writing to MINNESOTA LIFE that the BOARD has made a tentative determination that such willful or reckless neglect has occurred and the specific basis for such tentative determination. The BOARD shall give MINNESOTA LIFE at least sixty (60) days to respond to the determination in writing and allow MINNESOTA LIFE to present its response at a hearing before the BOARD to be held within sixty (60) days of the date of the original notice. If MINNESOTA LIFE fails to meet the contractual obligations noted by the BOARD within this sixty (60) day period, the BOARD may terminate this contract as provided in Article III, Section 3.4, "Effective Date of Termination for Cause," and avail itself of all rights and remedies available to it. Breach If MINNESOTA LIFE fails to comply with any of the covenants and agreements contained in this contract, including without limitation, the furnishing of sufficient personnel to perform its duties as provided in the contract and obtaining and maintaining all licenses required under federal and STATE law for MINNESOTA LIFE and each of their employees, then the BOARD shall give notice to MINNESOTA LIFE specifying with particularity the nature of MINNESOTA LIFE's default. If the specified default is not cured to the reasonable satisfaction of the BOARD within sixty (60) days following the date of the notice of default that is submitted to MINNESOTA LIFE by the BOARD, then the BOARD may terminate this contract as provided in Article III, Section 3.4 and avail itself of all rights and remedies available to it.
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Neglect of Duties. If the BOARD, in good faith, determines MINNESOTA LIFE is not fulfilling its contract obligations and meeting performance standards as defined in this contract and as detailed in Article VI, the BOARD shall submit a notice in writing to MINNESOTA LIFE that the BOARD has made a tentative determination that such willful or reckless neglect has occurred and the specific basis for such tentative determination. The BOARD shall give MINNESOTA LIFE at least sixty (60) days to respond to the determination in writing and allow MINNESOTA LIFE to present its response at a hearing before the BOARD to be held within sixty (60) days of the date of the original notice. If MINNESOTA LIFE fails to meet the contractual obligations noted by the BOARD within this sixty (60) day period, the BOARD may terminate this contract as provided in Article III, Section 3.4, "Effective Date of Termination for Cause," and avail itself of all rights and remedies available to it.
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Neglect of Duties 
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Related to Neglect of Duties

  • Neglect of duty 9. Negligence or willful damage to public property, waste, or misappropriation of public supplies or equipment.

  • STATEMENT OF DUTIES 56.01 Upon written request, an employee shall be provided with a complete and current statement of the duties and responsibilities of his or her position, including the classification level and, where applicable, the point rating allotted by factor to his or her position, and an organization chart depicting the position’s place in the organization.

  • Separation of Duties The Authorized User Agreement may require the separation of job duties, and that Contractor staff knowledge of Data be limited to that which is absolutely needed to perform job duties.

  • Extent of Duties Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall:

  • Assignment of Duties Executive shall have such duties as may be assigned to him from time to time by the Company's Board of Directors commensurate with his experience and responsibilities in the position for which he is employed pursuant to Section 1 above. Such duties shall be exercised subject to the control and supervision of the Board of Directors of the Company.

  • Delegation of Duties The Administrative Agent may execute any of its duties under this Agreement and the other Loan Documents by or through agents or attorneys-in-fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties. The Administrative Agent shall not be responsible for the negligence or misconduct of any agents or attorneys in-fact selected by it with reasonable care.

  • Performance of Duties Each of the Credit Party’s obligations under this Agreement and each of the other Loan Documents shall be performed by such Credit Party at its sole cost and expense.

  • Civic Duties An employee who is late for work as a result of duties as a volunteer fire fighter or licensed ambulance attendant or licensed rescue squad attendant, shall be granted use of annual leave and/or accrued compensatory leave to cover the period of lateness, provided that performance of said duties may be verified by the Employer.

  • Other Duties The Transfer Agent may perform other duties for additional compensation if agreed to in writing by the parties to this Agreement.

  • Extra Duties The Trustee shall be entitled to refuse to approve any Substituted Obligor if, pursuant to the law of the jurisdiction of incorporation of the Substituted Obligor, the assumption by the Substituted Obligor of its obligations hereunder imposes responsibilities on the Trustee over and above those which have been assumed under this Trust Deed.

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