Repayment of Advance Commissions in Default Sample Clauses

Repayment of Advance Commissions in Default. The Hartford shall withhold any and all commissions and compensation otherwise payable to the Producer under the Agreement, specifically including unearned commissions and without regard to whether such amounts relate to an Eligible Group Policy for an Eligible Line of Coverage, until an Advance that is in default has been repaid in full. If such compensation does not appear adequate to repay the Advance within 31 days, the Producer will be liable for the balance due and must reimburse The Hartford within 31 days of written demand for repayment.
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Related to Repayment of Advance Commissions in Default

  • Dimensions Education Bachelor’s or Master’s Degree in Computer Science, Information Systems, or other related field. Or equivalent work experience. A minimum of 10 years of IT and business/industry work experience, with at least 3 years of leadership experience in managing multiple, large, cross-functional teams or projects, and influencing senior level management and key stakeholders. Requires advanced technical and business knowledge in software development life cycle, quality assurance, project management and other related disciplines/processes.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Definitions As used in this Agreement, the following terms shall have the following meanings:

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.

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