Affiliated Individual definition

Affiliated Individual means, with respect to a Person, any individual who is an officer, director, shareholder, employee, partner or member of such Person or an individual who is related by blood, marriage or adoption to any of the foregoing.
Affiliated Individual means a person that is affiliated to Customer: (a) as an officer, director, employee, partner, contractor, intern, or other person within Customer’s organization; or (b) as a person maintaining a contractual relationship with Customer’s organization where Customer has business records providing strong assurances of the identity of such person.
Affiliated Individual is an individual who has at least one of the following relationships with another individual: • Individuals are founders (participants) of one legal entity, if their total share is not less than 20 percent; and/or • One individual directly or indirectly owns 20 percent or more of the share/shares of another individual; and/or • A natural person is officially subordinate to another natural person; and/or • One individual directly or indirectly controls another individual; and/or • Individuals are directly or indirectly controlled by a third party; and/or • Individuals jointly directly or indirectly control a third party; and/or • Individuals are relatives; and/or • Individuals are members of a partnership. For the purposes of this definition, control means: membership of the supervisory board, directorship or the right to appoint persons to these positions; and/or holding 20 percent of the voting share or shares. For the purposes of this definition, individuals are considered to be relatives, as defined by Articles 19.3 and

Examples of Affiliated Individual in a sentence

  • The Company has the right to fully or partially assign its rights and obligations under the present agreement to its Affiliated Individual and the execution of the assigned rights and obligations by it shall be considered as executed by the original party.

  • If Consultant or an Affiliated Individual is reclassified by a state or federal agency or court as Company’s employee, such party will become a reclassified employee and will receive no benefits from the Company, except those mandated by state or federal law, even if by the terms of the Company’s benefit plans or programs of the Company in effect at the time of such reclassification, such party would otherwise be eligible for such benefits.

  • The Company and Consultant agree that neither Consultant nor any Affiliated Individual will receive Company-sponsored benefits from the Company.

  • The Client has the right to fully or partially assign its rights and obligations to its Affiliated Individual or any other person only upon receipt of prior written consent from the Company in accordance with the terms of the preceding agreement.

  • Consultant understands that this Agreement does not prohibit Consultant or an Affiliated Individual from pursuing an administrative claim with a local, state or federal administrative body such as the Department of Fair Employment and Housing, the Equal Employment Opportunity Commission or the workers’ compensation board.


More Definitions of Affiliated Individual

Affiliated Individual means an individual who owes a duty to employers, clients, or other third parties regarding certain intellectual property that he or she creates (in whole or in part), but not regarding intellectual property related to Specifications or the actions of any Work Groups.
Affiliated Individual is defined as any person who is currently a faculty member, staff member or student of Licensee.
Affiliated Individual. Any person who is a full-time faculty member, staff member, or student of University is an Affiliated Individual. Individuals from other institutions are not authorized to use Products under this Agreement including but not limited to access of Products via a network.
Affiliated Individual means an individual affiliated with Booth UC in the scope of their work or involvement with or on behalf of Booth UC as a volunteer, visitor, contractor, board member, etc.
Affiliated Individual means your spouse, parent, brother, sister, or child, or a person to whom you stand in the place of a parent or guardian (for example, the affiliated individual is in your care, custody, or control); or any individual, tenant, or lawful occupant living in your household.
Affiliated Individual means an individual who is affiliated with an Insurer due to the existence of a relationship with that Insurer set out in s. 2(2) of the Corporate Governance Regulation.
Affiliated Individual means close relatives of natural persons, including parents, spouses, siblings and their spouses, adult children and their spouses. For the avoidance of doubt, the Affiliate of the Transferee shall include, without limitation, ▇▇.▇▇▇ Inc. and its directly or indirectly controlling Persons within and outside the PRC.