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...ered by their general liability, directors and officers, workers' compensation or umb...; 1996 by Griffin Communications, Inc. and Warren, McVeigh & Griffin, ...

... trustee, the Department of Labor, and even stockholders) can and will sue you. And worse yet, win. With big-dollar judgments. You could be sued in your capacity as an officer of the corporation, a stockholder, a member of the board of directors, a trustee, or whatever else the lawyers might dream up to make you responsible in some way for the wrong valuation. Worse yet, even when you win, the cost of defending yourself (not to mention the mountain of time required to defend yourself ... a small army of people (for example, plan participants, an independent trustee, the Department of Labor, and even stockholders) can and will sue you. And worse yet, win. With big-dollar judgments. You could be sued in your capacity as an officer of the corporation, a stockholder, a member of the board of directors, a trustee, or whatever else the lawyers might dream up to make you responsible in some way for the wrong valuation. Worse yet, even when you win, the cost of ... an ESOP loan are voted by the trustee or other plan fiduciary. The value of employee retirement benefits depends on unknown factors in the marketplace, which could seriously jeopardize, or even wipe out, any hope of employee retirement security. The employer has a significant repurchase liability generated as people die, leave, or retire from the company. The corporation cannot just give employees stock and say, "Pleasant retirement." The law requires that the company (or the ESOP) buy the shares back at fair ...

...R LITIGATION, LIABILITY INSURANCE, AND DISPUTE RESOLUTION 4.1 Risks posed by... are enforceable under both California and U.S. law, unless they can be attack...

... express prior written consent, directly or indirectly solicit or write insurance business to or for any other person or firm for compensation or engage in any activity competitive with or adverse to Employer's business or practice, whether alone, as a partner, or as an officer, director, employee, or shareholder of any other corporation, or as a trustee, a fiduciary, or other representative of any other entity. Making passive and personal investments and conducting private business affairs not inconsistent with this Agreement shall not be prohibited under this Agreement. ... ____ (Employee), hereinafter sometimes referred to as "Employee" . RECITALS I. Employer is engaged in the business of selling insurance. ____ Agency is an insurance brokerage company, organized under the laws of the State of ____ having its principal office at ____ . II. Employer has been engaged in and has had experience in the insurance business. III. Employee is willing to be employed by Employer, and Employer is willing to employ Employee on the terms hereinafter set forth. NOW, THEREFORE, ... (iv) Employee Automobile. Employee shall, at his or her own cost and expense, procure an automobile for use in traveling about his or her designated territory and making calls on customers and prospective customers. Employee shall further procure and maintain in force an Automobile Liability insurance policy covering such automobile in the minimum amounts of $250,000 for bodily injury or death to one person in one accident, $500,000 for bodily injury or death in one accident, and $100,000 for property damage in one ...

... express prior written consent, directly or indirectly solicit or write insurance business to or for any other person or firm for compensation or engage in any activity competitive with or adverse to Employer's business or practice, whether alone, as a partner, or as an officer, director, employee, or shareholder of any other corporation, or as a trustee, a fiduciary, or other representative of any other entity. Making passive and personal investments and conducting private business affairs not inconsistent with this Agreement shall not be prohibited under this Agreement. ... Employee), hereinafter sometimes referred to as Employee' &# 160 RECITALS &# 160 I. Employer is engaged in the business of selling insurance. ____ Agency is an insurance brokerage company, organized under the laws of the State of ____ having its principal office at ____ . &# 160 II. Employer has been engaged in and has had experience in the insurance business. &# 160 III. Employee is willing to be employed by Employer, and Employer is willing to employ Employee on the terms hereinafter set ... (iv) Employee Automobile. Employee shall, at his or her own cost and expense, procure an automobile for use in traveling about his or her designated territory and making calls on customers and prospective customers. Employee shall further procure and maintain in force an Automobile Liability insurance policy covering such automobile in the minimum amounts of $250,000 for bodily injury or death to one person in one accident, $500,000 for bodily injury or death in one accident, and $100,000 for property damage in one ...

...0 A ______Corporation,   And _____________ as Employee   TH...herein are used solely for convenience and shall not be used for construing or...