Employee Theft definition

Employee Theft means the unlawful taking of Covered Property to the deprivation of the Insured, where such unlawful taking is committed by an Employee acting alone or in collusion with others.
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Employee Theft means the removal of any merchandise or cash from the premises of the merchant's
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Employee Theft means the unlawful taking of Covered Property to the deprivation of the Named Entity, any Subsidiary or Plan where such unlawful taking is committed by an Employee acting alone or in collusion with others.C. Definition 15. Theft is deleted in its entirety and replaced as follows:15. Theft means the unlawful taking of Money, Securities and Other Property to the deprivation of the Named Entity or any Subsidiary. 3. Section III. EXCLUSIONS, Exclusion 11. is amended to add the following new language:However, where it is established wholly apart from such computations that the Named Entity Insureds have sustained a loss covered under a covered loss, then the Named Entity Insureds may offer inventory records and an actual physical count of inventory in support of other evidences as to the amount of loss claimed. 4. Section IV. OTHER CONDITIONS, is amended as follows:
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Examples of Employee Theft in a sentence

  • The Contractor shall maintain Employee Theft Insurance with minimum limits of $1,000,000 per occurrence.

  • Coverage will include Employee Theft, Forgery and Alteration, Computer Fraud, and Funds Transfer Fraud.

  • The Employee Theft Coverage part shall include the Clients’ Property Endorsement (ISO Form CR 04 01, or its equivalent).

  • Include the Employee Theft and Theft, Disappearance and Destruction coverage parts.

  • The Employee Theft Coverage part should include the Clients’ Property Xxxxxxxxxxx (XXX Xxxx XX 00 00, or its equivalent).

  • The Subcontractor shall be responsible for maintaining Crime Insurance, which includes the Employee Theft and Theft, Disappearance and Destruction coverage parts, in an amount not less than $250,000 Per Occurrence.

  • Employee Theft Insurance - The Contractor shall maintain Employee Theft Insurance with minimum limits of $1,000,000 per occurrence.

  • The Grantee shall maintain Employee Theft Insurance with minimum limits of $1,000,000 per occurrence.

  • The only covered cause of loss for such bookkeepers and accountants is Employee Theft as provided for in the Employee Theft Insuring Agreement.Each such bookkeeper or accountant and its partners, officers and employees are considered to be, collectively, one Employee for the purposes of the coverage under this endorsement.

  • The Master Contractor shall maintain Employee Theft Insurance with minimum limits of$1,000,000 per occurrence.


More Definitions of Employee Theft

Employee Theft means the removal of any merchandise or cash from the premises of the merchant's establishment or the concealment of any merchandise or cash by a person employed by a merchant without the consent of the merchant and with the purpose or intent of appropriating the merchandise or cash to the employee's own or another's use without full payment.
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Employee Theft means the stealing or misappropriation of money or financial instruments by an employee or Associated Person.
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Employee Theft means the theft of any merchandise from a mercantile establishment by an employee, agent, or contractor of the mercantile establishment.
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Employee Theft means any fraudulent or dishonest acts including larceny, theft, embezzlement, employee forgery, misappropriation, wrongful abstraction, wrongful conversion, or willful misapplication) committed by any Employee or Employees, acting alone or in collusion with others.
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Employee Theft means the unlawful taking of Money, Securities or Property to the deprivation of an Insured Organization by an Employee, whether identified or not, acting alone or in collusion with others.
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Employee Theft means the intentional unlawful taking of Money, Securities, and other
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Related to Employee Theft

  • Company Employee means any current or former employee, independent contractor or director of the Company or any Company Affiliate.

  • Management Employee means an employee in a position having significant responsibilities for formulating district policies or administering district programs. Management positions shall be designated by the public school employer subject to review by the Public Employment Relations Board.

  • Part-time employee means an employee who is normally required to work less than the basic hours of work.

  • Company Employee Agreement means any management, employment, severance, change in control, transaction bonus, consulting, repatriation or expatriation agreement or other contract between any Group Company and any current or former employee, director or officer of such Group Company.

  • Part-time employment means any employment or combination of one or more employments in a civil division in which an individual works fifty percent (50%) or less of the time prescribed as the standard work week by the governing body or other appropriate authority of the civil division or where the employee earns not more than one-half (1/2) of the rate assigned to the position if the position has been allocated to a graded salary schedule.

  • Self-employment shall be where a Claimant sets up his/her own business and is responsible for paying his/her tax and National Insurance.

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Permanent part-time employee means a person who is appointed to work hours that are less in number than a full-time employee and who is appointed as such in accordance with section 37(3)(a) of the State Service Act 2000.

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Former Employee means an individual who has severed employment with the Employer or an Affiliated Employer.

  • Employee means an employee of the Contractor directly engaged in the performance of work under the contract who has other than a minimal impact or involvement in contract performance.

  • Service employee, means any person engaged in the performance of this contract other than any person employed in a bona fide executive, administrative, or professional capacity, as these terms are defined in Part 541 of Title 29, Code of Federal Regulations, as revised. It includes all such persons regardless of any contractual relationship that may be alleged to exist between a Contractor or subcontractor and such persons.

  • Excluded Employee means an employee as defined in section 3527, subd. (b) of the Government Code (Ralph C. Dills Act) except those excluded employees who are designated managerial pursuant to section 18801.1 of the Government Code.

  • Part-Time Employees means employees employed on a permanent basis, but obligated to work less than a full (i.e., forty-hour) work week.

  • Bona fide employee means a person, employed by a bidder and subject to the bidder's supervision and control as to time, place, and manner of performance, who neither exerts, nor proposes to exert improper influence to solicit or obtain contracts nor holds out as being able to obtain any contract(s) through improper influence.

  • self-employment route means assistance in pursuing self-employed earner’s employment whilst participating in—

  • Prospective employee means an assessed individual who is anticipated to be hired upon completion of training.

  • Active Employment means you must be actively at work for the Sponsor:

  • Active Employee means a contributing member of the TRS who is employed by a public school and is not entitled to coverage under a plan provided under Insurance Code Chapter 1551 (Texas Em- ployees Group Benefits Act) or 1601 (State University Employees Uniform Insurance Benefits Act).

  • Current Employee has the meaning set forth in Section 7.8(a).

  • School employee means (1) a teacher, substitute teacher, school administrator, school superintendent, guidance counselor, psychologist, social worker, nurse, physician, school paraprofessional or coach employed by a local or regional board of education or working in a public elementary, middle or high school; or (2) any other individual who, in the performance of his or her duties, has regular contact with students and who provides services to or on behalf of students enrolled in a public elementary, middle or high school, pursuant to a contract with the local or regional board of education.

  • Gainful employment means paid employment for not less than 30 hours in each week for a period of not less than 12 months;

  • Public employee means an individual holding a position by appointment or employment in the government of this state, in the government of 1 or more of the political subdivisions of this state, in the public school service, in a public or special district, in the service of an authority, commission, or board, or in any other branch of the public service, subject to the following exceptions:

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Contract employee means a probationary faculty employee or a grant- funded employee hired on a year-to-year basis in accordance with Education Code 87470.