Global Partner definition

Global Partner means those organizations with whom Diners Club International and/or VISA International and / or MasterCard and / or any of their franchises have signed a contract and who have agreed to sell the currencies of their loyalty programme at a prefixed rate to Diners Club International and/or VISA International and / or Mastercard and / or any of their respective franchises.

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Global Partner is used throughout the AMVESCAP Group to refer to the most senior group of officers and employees. The purpose of this letter is to articulate the terms and conditions of your employment. This letter agreement also extinguishes and replaces your previous Global Partner Agreement. It is important to note at the outset that both the Company and AMVESCAP Group consider you an important part of its continued success. Further, please note that under the terms of this letter agreement, which is a binding contract, neither the Company nor you has any right to terminate the employment relationship except as set forth below.

Global Partner s/ Michael D. Benson ---------------------------

Examples of Global Partner in a sentence

• These fiduciary obligations and others arise because of the unique trust and confidence the Company places in you as a Global Partner.

• Global Partner agrees that both during the term of this Agreement and after the termination of this Agreement, Global Partner will hold in a fiduciary capacity for the benefit of the Company, and will not directly or indirectly use or disclose (except as authorized in writing by the Company) any "Confidential Information," as defined hereafter.

• The existence of any claim by Global Partner against the Company or INVESCO, whether predicated on this Agreement or otherwise, shall not constitute a defense to enforcement by the Company or INVESCO of any or all of such provision or covenants.

• Global Partner further acknowledges that such proprietary customer, operations, investment, investment technique, financial and business information has been developed and will be developed during the course of Global Partner's employment with the Company through the expenditure by the Company or other entities in the AMVESCO Group of substantial effort, time and money.

• The failure of the Company, INVESCO or Global Partner to insist upon strict performance of the terms of this Agreement or to exercise any option herein, shall not be construed as a waiver or a relinquishment in the future of such term or option, but that the same shall continue in full force and effect.

• Global Partner shall certify to the Company that any such data in machine readable form has been removed from any computer personally owned by Global Partner and all back up copies made by Global Partner have been destroyed.

• As a Global Partner you have important duties to the Company: the duty to refrain from dealing in your self interest above that of the Company's, the duty to disclose any information that indicates that you may be exposed to a conflict of interests, the duty of loyalty, and the duty to refrain from using the Company's business opportunities for your own benefit.

• Subject to Section 4(h) hereof, Global Partner may terminate his Employment hereunder prior to the Fourth Anniversary for Good Reason which is defined in Exhibit B, Part I to this Agreement.

• Exhibit A may be amended from time to time, such amended or replacement Exhibit A to take effect when signed by the Company, INVESCO and Global Partner.

• All of Global Partner's work on and contributions to the Works will be rendered and made by Global Partner for, at the instigation of, and under the overall direction of the Company, and all of Global Partner's said work and contributions, as well as the Works, are and at all times shall be regarded as "work made for hire" as that term is used in the United States Copyright Laws.

More Definitions of Global Partner

Global Partner means those organizations with whom Diners Club International and/or its franchises have signed a contract and who have agreed to sell the currencies of their Loyalty programme at a prefixed rate to Diners Club.

Global Partner. (or, as used in Section 1 X., “partner”) means a foreign carrier that 17 operates Partner Global Flying. 18

Global Partner is used throughout the AMVESCAP Group to refer to the most senior group of officers and employees. The purpose of this letter is to articulate the terms and conditions of your employment as a Global Partner. It is important to note at the outset that the Company considers you an important part of its continued success. Further, please note that under the terms of this letter agreement, which is a binding contract, neither the Company nor you have any right to terminate the Global Partner employment relationship except as set forth below. Also, in the event of any inconsistency between this Agreement and the Employment Agreement with the Company dated as of July 28, 2005 (the “Employment Agreement”) during the “Employment Period,” as such term is defined in the Employment Agreement, the terms of the Employment Agreement will govern.