Separation of Finances Sample Clauses

Separation of Finances. MINNESOTA LIFE shall maintain separate and independent financial RECORDS for the ASSETS related to the STATE EMPLOYEE PLAN for EMPLOYEES, the STATE EMPLOYEE PLAN for RETIRED EMPLOYEES, the LOCAL GOVERNMENT EMPLOYEE PLAN for EMPLOYEES, the LOCAL GOVERNMENT EMPLOYEE PLAN for RETIRED EMPLOYEES, the STATE SPOUSE AND DEPENDENT PLAN, and the LOCAL GOVERNMENT SPOUSE AND DEPENDENT PLAN. ASSETS shall be invested in the general account of MINNESOTA LIFE. The STATE and MINNESOTA LIFE agree that, during the term of this contract, they will jointly study the issues related to transferring the ASSETS to a segregated account. The STATE may request such a transfer when, in its judgment, a transfer would be in the long-term interests of the PROGRAM. The details of the transfer of ASSETS and its effect on the provisions of this agreement shall be negotiated by the STATE and MINNESOTA LIFE at the time a transfer to a segregated account is requested.
Sample 1
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Separation of Finances. MINNESOTA LIFE shall maintain separate and independent financial RECORDS for the ASSETS related to the STATE EMPLOYEE PLAN, the LOCAL GOVERNMENT EMPLOYEE PLAN, the STATE SPOUSE AND DEPENDENT PLAN, and the LOCAL GOVERNMENT SPOUSE AND DEPENDENT PLAN. ASSETS shall be invested in the general account of MINNESOTA LIFE. The STATE and MINNESOTA LIFE agree that, during the term of this contract, they will jointly study the issues related to transferring the ASSETS to a segregated account. The STATE may request such a transfer when, in its judgment, a transfer would be in the long-term interests of the PROGRAM. The details of the transfer of ASSETS and its effect on the provisions of this agreement shall be negotiated by the STATE and MINNESOTA LIFE at the time a transfer to a segregated account is requested.
Sample 1

Related to Separation of Finances

  • RESTRICTIONS ON EMPLOYMENT OF FORMER STATE OFFICER OR EMPLOYEE The Engineer shall not hire a former state officer or employee of a state agency who, during the period of state service or employment, participated on behalf of the state agency in this agreement’s procurement or its negotiation until after the second anniversary of the date of the officer’s or employee’s service or employment with the state agency ceased.

  • RETENTION OF ULTIMUS The Trust hereby retains Ultimus to act as the fund accountant of the Trust and to furnish the Trust with the services as set forth below. Ultimus hereby accepts such employment to perform such duties.

  • RELEASE OF GENERAL INFORMATION TO THE PUBLIC AND MEDIA NASA or Partner may, consistent with Federal law and this Agreement, release general information regarding its own participation in this Agreement as desired. Pursuant to Section 841(d) of the NASA Transition Authorization Act of 2017, Public Law 115-10 (the "NTAA"), NASA is obligated to publicly disclose copies of all agreements conducted pursuant to NASA's 51 U.S.C. §20113(e) authority in a searchable format on the NASA website within 60 days after the agreement is signed by the Parties. The Parties acknowledge that a copy of this Agreement will be disclosed, without redactions, in accordance with the NTAA.

  • Limitation of Engagement to the Company The Company acknowledges that Xxxxxxxxxx has been retained only by the Company, that Xxxxxxxxxx is providing services hereunder as an independent contractor (and not in any fiduciary or agency capacity) and that the Company’s engagement of Xxxxxxxxxx is not deemed to be on behalf of, and is not intended to confer rights upon, any shareholder, owner or partner of the Company or any other person not a party hereto as against Xxxxxxxxxx or any of its affiliates, or any of its or their respective officers, directors, controlling persons (within the meaning of Section 15 of the Securities Act or Section 20 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), employees or agents. Unless otherwise expressly agreed in writing by Xxxxxxxxxx, no one other than the Company is authorized to rely upon this Agreement or any other statements or conduct of Xxxxxxxxxx, and no one other than the Company is intended to be a beneficiary of this Agreement. The Company acknowledges that any recommendation or advice, written or oral, given by Xxxxxxxxxx to the Company in connection with Xxxxxxxxxx’x engagement is intended solely for the benefit and use of the Company’s management and directors in considering a possible Offering, and any such recommendation or advice is not on behalf of, and shall not confer any rights or remedies upon, any other person or be used or relied upon for any other purpose. Xxxxxxxxxx shall not have the authority to make any commitment binding on the Company. The Company, in its sole discretion, shall have the right to reject any investor introduced to it by Xxxxxxxxxx.

  • Files Management and Record Retention relating to Grantee and Administration of this Agreement a. The Grantee shall maintain books, records, and documents in accordance with generally accepted accounting procedures and practices which sufficiently and properly reflect all expenditures of funds provided by Florida Housing under this Agreement.

  • Certain Benefits Executive will be eligible to participate in all employee benefit programs established by Employer that are applicable to management personnel such as medical, pension, disability and life insurance plans on a basis commensurate with Executive’s position and in accordance with Employer’s policies from time to time, but nothing herein shall require the adoption or maintenance of any such plan.

  • Application and Operation of Agreement Clause No. Title

  • Recognition of Stewards The Employer recognizes employees who are designated by the Union as stewards to act on behalf of the employees.

  • Administration of Medication Employees required to administer or apply medication(s) prescribed by a qualified medical practitioner, will be trained at the Employer's expense. Employees who have not received this training will not be permitted to administer such substances.

  • NOTICE TO EMPLOYEES REGARDING THE SAFELY SURRENDERED BABY LAW The Contractor shall notify and provide to its employees, and shall require each Subcontractor to notify and provide to its employees, a fact sheet regarding the Safely Surrendered Baby Law, its implementation in Los Angeles County, and where and how to safely surrender a baby. The fact sheet is set forth in Exhibit I of this Contract and is also available on the Internet at xxx.xxxxxxxxxx.xxx for printing purposes.

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