Active Association definition

Active Association means the performance of services by an Associate, Soliciting Broker, Sales Coordinator or Special Associate, who is properly licensed by the applicable regulatory authority, pursuant to a written contract with the Plan Sponsor for the solicitation of applications for certain insurance products of the Plan Sponsor, prior to the effective date of any termination of such contract whether for cause or without cause. Active Association shall also include a period of employment as an employee of the Plan Sponsor to the extent that such employment immediately precedes or follows a period of Active Association as it is defined above.
Active Association means the performance of services by an Associate, Soliciting Broker, Sales Coordinator or Special Associate pursuant to a written contract with the Plan Sponsor for the solicitation of applications for certain insurance products of the Plan Sponsor, and the servicing of accounts, prior to the effective date of any termination of such contract whether for cause or without cause. Active Association shall also include a period of employment as an employee of the Plan Sponsor to the extent that such employment immediately precedes or follows a period of Active Association defined above.
Active Association means the performance of services by an Associate, Sales Coordinator, or Special Associate, is properly licensed by the applicable regulatory authority, pursuant to a written contract with the Plan Sponsor for the solicitation of applications for certain insurance products of the Plan Sponsor, prior to the effective date of any termination of such contract whether for cause or without cause.

Examples of Active Association in a sentence

  • The Participant shall thereafter be 100% vested at all times in the balances of his or her Individual Accounts and, within 45 days after the end of each calendar year until the Participant terminates his or her Active Association with the Plan Sponsor, the Plan shall distribute to the Participant the balance of the Participant's Individual Shares Account as of the end of such year (including amounts allocated to the Account for the twelfth month of the calendar year).

  • In the event of a Participant's termination of Active Association with the Plan Sponsor by reason of the Participant's total and permanent disability, such Participant shall be 100% vested in the balances of his or her Individual Accounts on the date of such termination.

  • Enabling Clause Active Association Members Local Appendix County Vicinity) Appendix Essex and Kent Counties (Windsor, Vicinity) Appendix Oxford, Perth, Huron, Middlesex, ▇▇▇▇▇ ▇▇▇▇▇ Counties (London Vicinity) Labourers' Local Union Classifications SCHEDULE Terms of Employment Local Training Program (Trainees), Local Locals Appendix Local Kingston.

  • Active Association member's contributions will be made with pre-tax dollars for savings to the member of federal and New York State taxes.