Promise means a written undertaking to pay money signed by the person undertaking to pay. An acknowledgment of an obligation by the obligor is not a promise unless the obligor also undertakes to pay the obligation.
Inducement means any fee, commission, or any non-monetary benefit provided by or to such an intermediary or undertaking in connection with the distribution of an insurance-based investment product, to or by any party except the customer involved in the transaction in question or a person acting on behalf of that customer;
Bargaining Unit means the unit of Employees as described on the Labour Relations Board Certificate.
Convey means to sell, transfer, assign, contribute or otherwise convey assets hereunder.
bargaining agent means the Elementary Teachers’ Federation of Ontario.