PROBATIONARY CONTRACTOREMPLOYER OBLIGATIONS Sample Clauses

PROBATIONARY CONTRACTOREMPLOYER OBLIGATIONS. Any new Employer or any Employer without a history of contributing to the Funds for twenty-four (24) months or any Employer whose principal place of business is located outside the territorial jurisdiction of DC 35 or any Employer who becomes delinquent in its contributions to the Funds will be considered a Probationary Employer for a period of twenty-four months. Any or all of the following terms and conditions will be required of Probationary Employers: (A) Pursuant to the provisions of the Security Deposit Agreement that is executed by probationary and/or new contractors, as may be established from time to time by the Funds, a Security Deposit shall be required in either the form of a certified check in the amount of $8,000 for employers with 1-3 employees; $14,000 for employers with 4-6 employees; $21,000 for employers with 7-9 employees and $27, 000 for employers with 10 or more employees or a fringe benefit bond in an amount not less than $100,000 issued by an A-rated carrier approved by the Commonwealth of Massachusetts or in some other amount as may be determined by the Trustees based upon the facts and circumstances of any particular case. The bond must state that the Fund Office has at least ninety (90) days to notify the surety company of a delinquency. The security deposit shall be utilized to pay any delinquencies, interest, legal fees, auditor's fees, audit refusal penalties and/or assessed penalties due the Funds, to pay any wages due employees or to satisfy any claims under Section Any balance remaining shall be used to satisfy Joint Trade Board awards.
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Related to PROBATIONARY CONTRACTOREMPLOYER OBLIGATIONS

  • EMPLOYER OBLIGATION The Supplier shall comply with the requirements of the Pensions Act 2008, section 258 of the Pensions Act 2004 and the Transfer of Employment (Pension Protection) Regulations 2005 for all transferring staff.

  • No Post-Employment Obligations No Company Employee Plan provides, or reflects or represents any liability to provide, retiree life insurance, retiree health or other retiree employee welfare benefits to any person for any reason, except as may be required by COBRA or other applicable statute, and the Company has never represented, promised or contracted (whether in oral or written form) to any Employee (either individually or to Employees as a group) or any other person that such Employee(s) or other person would be provided with retiree life insurance, retiree health or other retiree employee welfare benefit, except to the extent required by statute.

  • Post-Employment Obligations Executive agrees that the following obligations are reasonable and are necessary to protect Employer’s business. Executive further acknowledges that these obligations do not restrict his ability to be gainfully employed, and he acknowledges that any geographic boundary, scope of prohibited activities, and time duration in these obligations are reasonable in nature and no broader than are necessary to protect the Employer’s legitimate business interests. In consideration for his employment and for Employer’s promises herein, Executive agrees that, for a period of two (2) years following his last day of employment, except with the express written consent of the Board, he shall not either directly or indirectly, for himself or on behalf or in conjunction with any other person, partnership, corporation or other entity: (i) own, maintain, engage in, render any services for, manage, have any financial interest in, or permit his name to be used in connection with as a shareholder, bondholder, creditor, officer, director, partner, agent, contractor with, employer or representative of, or in any manner associated with, or give financial, technical or other assistance to, any person, firm or corporation for the purpose of engaging in the copier/office equipment dealer, distribution, sales or service business, or in any other business in which Executive is actively engaged in on behalf of Employer, within a 100 mile radius of any of Employer’s office facilities in the United States of America that Employer operates an office facility in existing on the date of Executive’s termination of employment (the “Current Trade Area”); (ii) enter into any agreement with, service, assist or solicit the business of any persons or entities who were customers of Employer as of, or within two (2) years of, the date of Executive’s termination of employment, for the purpose of providing copier/office equipment dealer sales or service to such customers in the Current Trade Area in competition with Employer or any of its affiliates or to cause such customers to reduce or end their business with Employer; or (iii) enter into any agreement with, or solicit the employment of any persons who were employees, consultants or representatives of Employer as of, or within two (2) years of, the date of Executive’s termination of employment, for the purpose of causing such persons to leave the employment of Employer; provided, however, that no owner of less than one percent (1%) of the outstanding stock of any publicly-traded corporation shall be deemed to be in violation of this Section 4(b) solely by reason thereof.

  • Contractor Obligations EXPIRATION OR TERMINATION. Upon expiration or termination of this Contract, Contractor shall: (a) continue to fulfill its warranty obligations with respect to any Services sold hereunder and all provisions of the Contract that, by their nature, would continue beyond the expiration, termination, or cancellation of the Contract shall so continue and survive; and (b) promptly return to Purchaser all keys, badges, and other materials supplied by Purchaser for the performance of any Purchase Order entered into pursuant to this Contract.

  • Provider Employee Obligation Provider shall require all of Provider’s employees and agents who have access to Student Data to comply with all applicable provisions of this DPA with respect to the Student Data shared under the Service Agreement. Provider agrees to require and maintain an appropriate confidentiality agreement from each employee or agent with access to Student Data pursuant to the Service Agreement.