Relationship to the Contractor Sample Clauses

The 'Relationship to the Contractor' clause defines the legal and operational nature of the connection between the contracting parties, typically clarifying whether the contractor is considered an independent entity or an employee. This clause often specifies that the contractor is responsible for their own taxes, insurance, and work methods, and is not entitled to employee benefits. Its core function is to prevent misunderstandings or legal disputes regarding employment status, ensuring both parties are clear about their rights and obligations under the agreement.
Relationship to the Contractor. As of the date hereof, the Guarantor is the owner, directly or through one or more wholly-owned subsidiaries, of all of the issued and outstanding capital stock of the Contractor; the agreement of the Purchaser to enter into the Contract with the Contractor is of substantial and material benefit to the Guarantor; and the Guarantor has reviewed and approved copies of the Contract and all other related documents and is fully informed of the remedies the Purchaser may pursue upon the occurrence of a default under the Contract. This Guaranty will remain in full force and effect if Contractor ceases to be a direct or indirect subsidiary of Guarantor.
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Relationship to the Contractor. As of the date hereof, Tyco is the owner, directly or through one or more wholly-owned subsidiaries, of all of the issued and outstanding capital stock of TSSL; the agreement of the Purchaser to enter into the Contract with TSSL is of substantial and material benefit to Tyco; and Tyco has reviewed and approved copies of the Contract and all other related documents and is fully informed of the remedies the Purchaser may pursue upon the occurrence of a default under the Contract. This Guaranty will remain in full force and effect if TSSL ceases to be a direct or indirect subsidiary of Tyco.
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Related to Relationship to the Contractor

  • Customer Relationships The Executive understands and acknowledges that the Company has expended significant resources over many years to identify, develop, and maintain its clients. The Executive additionally acknowledges that the Company’s clients have had continuous and long-standing relationships with the Company and that, as a result of these close, long-term relationships, the Company possesses significant knowledge of and confidential information about its clients and their needs. Finally, the Executive acknowledges the Executive’s association and contact with these clients is derived solely from Executive’s employment with the Company. The Executive further acknowledges that the Company does business throughout the United States and that the Executive personally has significant contact with the Company’s clients and customers solely as a result of Executive’s relationship with the Company.

  • Independent Contractor Relationship Both parties hereto, in the performance of this Contract, shall act in an individual capacity and not as agents, employees, partners, joint ventures or associates of one another. The employees or agents of one party shall not be deemed or construed to be the employees or agents of the other party for any purposes whatsoever.

  • Relationship to Plan This Award is subject to all of the terms, conditions and provisions of the Plan and administrative interpretations thereunder, if any, which have been adopted by the Committee thereunder and are in effect on the date hereof. Except as defined or otherwise specifically provided herein, capitalized terms shall have the same meanings ascribed to them under the Plan.

  • Relationship to the Plan This grant of Performance Units is subject to all of the terms, conditions and provisions of the Plan and administrative interpretations thereunder, if any, that have been adopted by the Board. Except as otherwise defined in this Award Agreement, capitalized terms shall have the same meanings given to them under the Plan. To the extent that any provision of this Award Agreement conflicts with the express terms of the Plan, the terms of the Plan shall control and, if necessary, the applicable provisions of this Award Agreement shall be hereby deemed amended so as to carry out the purpose and intent of the Plan. References to the Participant also include the heirs or other legal representatives of the Participant.

  • Relationship Managers The Participant Relationship Manager and the Reclaim Fund Relationship Manager at the date of this agreement for the purposes of clause 27 of Part B of this agreement are as follows: (a) the Participant Relationship Manager: ▇▇▇▇▇▇ ▇▇▇▇▇▇; and (b) the Reclaim Fund Relationship Manager: ▇▇▇▇▇▇ ▇▇▇▇▇.