While a corporation by definition offers some amount of personal protection against
liability to employees and directors, some companies choose to provide additional protection to those key members of the executive team.
Though one might expect companies to be pushing
liability to employees in an era of cutting costs and employee perks, the opposite is true.
On the afternoon of Monday, January 31, human - resources manager Brown sat anxiously by his phone, waiting for a call from Stack, who was negotiating with Harvester at his lawyer's office in downtown Springfield.Since SRC did not want to assume Harvester's
liabilities to employees for sick pay and vacation time, everyone in the plant had to be terminated as soon as the buyout was completed.
The company will end up with $ 40,000 cash and no liabilities, or with $ 88,000 cash and $ 48,000
liabilities to the employee shareholder (or anything in between, if the company pays out some of the salary).
The employer may pay an additional income tax - deductible bonus to offset the increased tax
liability to the employee.
Not exact matches
Important factors that could cause actual results
to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited
to, the following: 1) our ability
to continue
to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability
to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability
to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability
to achieve certain cost reductions with respect
to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability
to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability
to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence
to their announced schedules; 10) our ability
to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability
to enter into profitable supply arrangements with additional customers; 12) the ability of all parties
to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability
to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability
to borrow additional funds or refinance debt, including our ability
to obtain the debt
to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes
to the interpretations of or guidance related thereto, and the Company's ability
to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability
to recruit and retain a critical mass of highly - skilled
employees and our relationships with the unions representing many of our
employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility
to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure
to potential product
liability and warranty claims; 31) our ability
to effectively assess, manage and integrate acquisitions that we pursue, including our ability
to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability
to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes
to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability
to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability
to complete the proposed accelerated stock repurchase plan, among other things.
Privacy and security are serious concerns for any business; when you add personal information
to the mix, any breach can severely reduce
employee trust and morale and open the company
to liability for identity theft and other potential legal entanglements.
Dig Deeper: Choosing the Limited
Liability Company as Your Corporate Form Case Study: Why an S Corp Might Be the Better Choice While Turner's story is a compelling one for a smaller, lifestyle business, the truth is that fast - growing businesses that plan
to bring on investors or share the ownership of the company with
employees may need
to consider making the switch
to an S corp sooner rather than later.
According
to NOLO, you'll have
to pick up a federal employment identification number (unless the company is a sole proprietorship or a limited
liability company without
employees.)
For your own
employees, health and life insurance are important, but for customers, consider
liability insurance so that they are covered in the event something happens to their property (requiring Property Liability In
liability insurance so that they are covered in the event something happens
to their property (requiring Property
Liability In
Liability Insurance).
Connor says that smaller companies could draft a code themselves, especially if they are in a low - risk, low -
liability field, and Fraedrich similarly advises that if you have more than 20
employees, it's time
to consult an ethicist or human resources specialist.
To avoid a massive vacation
liability bank most companies mandate that
employees take their allotted vacation time within a twelve month period.
You agree
to defend, indemnify and hold harmless NBCUniversal, its affiliates and their respective directors, officers,
employees and agents from and against any and all claims, demands, actions, suits or proceedings, as well as any and all losses,
liabilities, damages, costs and expenses (including reasonable legal fees and costs) arising out of or accruing from (a) any breach of these terms, including any of the foregoing provisions, representations or warranties, and / or from your placement or transmission of any content onto NBCUniversal's servers, and / or from any and all use of your account; (b) any material posted or otherwise provided by you (including without limitation User Content), or any other subscriber or user of your account that infringes any intellectual property right of any person or entity or defames any person or violates their rights of publicity or privacy; (c) any misrepresentation made by you in connection with your use of the online services; and (d) any breach of any of the representation, warranties or other terms or conditions relating
to use of your User Content or the online services.
Lang says that options can represent a substantial future
liability to a company, «yet they are not highly valued by the
employees.»
The Tesla
employees report that he originally wanted
to let drivers play videos on the car's central console but abandoned the idea after several of them raised
liability concerns.
Hotels»
liability can depend on whether they're sufficiently aggressive in responding
to allegations from
employees and on the policies they have in place
to prevent harassment in the first place, said civil rights attorney Debra Katz, a partner at Katz, Marshall & Banks who represents
employees in harassment cases.
Lix, CEO of NewMarket Network, a Web - site developer and marketer in Boston, has his eight
employees rank ideas on a scale of 1
to 10 in five areas, including up - front resources required, technical complexity, and legal
liability.
If the wrongdoing is widely known within the organization, reputation alone might be enough
to make the
employee a
liability.
Also, be sure
to contact your insurance broker
to cancel business
liability and workman's compensation insurance, and notify your
employee - based health care provider about the closure.
The beauty of fringe benefits is that you are generally providing something the
employee would otherwise have
to purchase, and you're doing so without incurring a tax
liability for your company or the
employee.
A company's legal
liability pales in comparison
to the real, assured, everyday negative impacts of
employees experiencing or recovering from violence.
According
to Robert Half Technology, a provider of IT professional services, 54 % of U.S. corporations restrict
employee access
to social networks due
to concerns about productivity, network security, and legal
liabilities.
Current
liabilities include notes payable on lines of credit or other short - term loans, current maturities of long - term debt, accounts payable
to trade creditors, accrued expenses and taxes (an accrual is an expense such as the payroll that is due
to employees for hours worked but has not been paid), and amounts due
to stockholders.
The Corporation shall maintain insurance
to the extent reasonably available, at its expense,
to protect itself and any such director, officer,
employee or agent of the Corporation or another corporation, partnership, joint venture, trust or other enterprise against any such expense,
liability or loss, whether or not the Corporation would have the power
to indemnify such person against such expense,
liability or loss under the Delaware General Corporation Law.
(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each
employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obl
employee benefit plan, program, policy or arrangement (including any «
employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obl
employee benefit plan» as defined in Section 3 (3) of the
Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obl
Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation,
employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obl
employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA,
employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obl
employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former
employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obl
employee, director or individual consultant of the Company (collectively, the «Company
Employees») has any present or future right
to benefits and which are contributed
to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future
liability or obligation.
* For current executives it is way
to give more
to employees in a way that can benefit themselves at the expense of future executives and shareholders, by capitalizing part of wages into a «book»
liability that can be under - depreciated by current executives
to the benefit of their bonuses.
To the fullest extent permitted by applicable law, you agree to indemnify, defend and hold harmless Daily Harvest, and our respective past, present and future employees, officers, directors, contractors, consultants, equityholders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (individually and collectively, the «Daily Harvest Parties»), from and against all actual or alleged Daily Harvest Party or third party claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, attorneys» fees and expenses) and costs (including, without limitation, court costs, costs of settlement and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract or otherwise (collectively, «Claims»), including, but not limited to, damages to property or personal injury, that are caused by, arise out of or are related to (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided to yo
To the fullest extent permitted by applicable law, you agree
to indemnify, defend and hold harmless Daily Harvest, and our respective past, present and future employees, officers, directors, contractors, consultants, equityholders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (individually and collectively, the «Daily Harvest Parties»), from and against all actual or alleged Daily Harvest Party or third party claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, attorneys» fees and expenses) and costs (including, without limitation, court costs, costs of settlement and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract or otherwise (collectively, «Claims»), including, but not limited to, damages to property or personal injury, that are caused by, arise out of or are related to (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided to yo
to indemnify, defend and hold harmless Daily Harvest, and our respective past, present and future
employees, officers, directors, contractors, consultants, equityholders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (individually and collectively, the «Daily Harvest Parties»), from and against all actual or alleged Daily Harvest Party or third party claims, damages, awards, judgments, losses,
liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, attorneys» fees and expenses) and costs (including, without limitation, court costs, costs of settlement and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract or otherwise (collectively, «Claims»), including, but not limited
to, damages to property or personal injury, that are caused by, arise out of or are related to (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided to yo
to, damages
to property or personal injury, that are caused by, arise out of or are related to (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided to yo
to property or personal injury, that are caused by, arise out of or are related
to (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided to yo
to (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided
to yo
to you.
Direct program expenses were up $ 1.0 billion (5.5 %), primarily due
to the timing of payments as well as an increase in federal government
employee pension and other future benefit
liabilities, reflecting the impact of lower interest rates.
Employees that feel expendable or like a
liability are not going
to feel secure in their positions.
You agree
to indemnify, defend and hold harmless Franklin Templeton, its subsidiaries and affiliates, and each of its and their officers, directors,
employees and agents, from and against all claims, demands,
liabilities, damages, losses or expenses, including attorney's fees and costs, arising out of or related
to (i) your improper access
to or use of this Site, (ii) any violation by you of these Terms of Use, (iii) any User Content that you Submit
to or via the Site or (iv) any actual or alleged infringement or violation by you of the intellectual property or other proprietary right of any third party.
Business owners also benefit by reducing their fiduciary
liability, lowering their taxes, increasing their 401 (k) returns and improving their plan's attractiveness
to employees.
If you sponsor a 401 (k) plan for you and your
employees, I recommend avoiding 401 (k) providers that charge hidden fees — they make it harder for you
to avoid excessive 401 (k) fees that handicap participant returns and increase your personal
liability.
You agree
to indemnify, defend and hold harmless
to Leith Wheeler and all its directors, officers,
employees harmless from and against any and all
liabilities, expenses and costs, including without limitation reasonable legal fees and expenses, incurred by Leith Wheeler and related parties in connection with any claim arising out of your use of the website.
«It's unequivocal now: We are taking money from the new
employees and using it
to pay off this
liability for the old
employees,» said Turner, a Gov. John Hickenlooper appointee.
Indemnification As a condition of your use of the Services, you agree
to indemnify and hold Wellington Management, its affiliates, and its and their respective partners, directors,
employees, and agents harmless from and against any and all claims, losses,
liability, costs, and expenses (including but not limited
to attorneys» fees) arising from your use of the web site or from your violation of these Terms.
That said, the trade - off could be well worth it — reduced fiduciary
liability while giving
employees access
to professional investment advice.
Other accrual
liabilities, which could result in large adjustments at year end, although the Department of Finance noted that part of the increase in direct program expenses
to date was attributable
to «an increase in the accrual cost of
employee and veteran future benefits».
Prior
to the consummation of the Formation Transactions described below, our business was operated through our predecessor limited
liability company, SoulCycle Holdings, LLC, or SCH, the only members of which were Equinox Holdings, Inc., or EHI, our founders, Elizabeth P. Cutler and Julie J. Rice and trusts for the benefit of their respective families, and a special purpose vehicle formed
to hold equity ownership in SCH on behalf of certain SCH
employees.
The converse worry is that a corporate culture emphasizing ethical values may find
employees engaging in well meaning activity that may inadvertently expose the company
to legal
liability or punishment for failing
to observe the often arcane, technical requirements of the law.
Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related
to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail
to obtain shareholder approval of the Merger Agreement, (c) the parties may fail
to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions
to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW
to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives
to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability
to retain or recruit key
employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or
employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability
to operate its business, return capital
to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related
to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs,
liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.
By using this website, you acknowledge that you have read and understand the foregoing disclaimers and release Richard Bernstein Advisors LLC and its affiliates, members, officers,
employees and agents from any and all
liability whatsoever relating
to your use of this site, any such links, or any information contained herein or in any such appearances or articles (whether accessed through such links or downloaded directly from this website).
The Company's
liability with respect
to Employee LLC is limited
to the Company's initial investment of $ 3.0 million.
Labor experts say the arrangement, a mash - up of sorts between an Uber - style gig economy and traditional employment arrangements, raises a number of questions related
to employees having
to shoulder much of the risk, cost and
liability associated with deliveries.
WDAY has over 20 million
employee stock options outstanding, equivalent
to a
liability of $ 1.3 billion (nearly 10 % of its market cap) at its current price.
Finally, the Budget projections may include current year
liabilities, such as adjustments
to the various allowances for loans and loan guarantees, court cases,
employee future benefits, tax receivables, etc..
Clark Insurance offers a variety of business insurance options, including everything from a business owner's policy and
liability protection
to complete
employee benefit plans and key person life insurance.
Employment practices
liability insurance, or EPLI as you may have heard it called, provides protection
to companies who have
employees against claims by current or former
employees for things like discrimination, wrongful termination, or sexual harassment.
RIAs are eligible
to participate in the Program if they represent
to Fidelity Investments that they meet the following criteria: (1) RIA is an investment adviser registered and in good standing with the U.S. Securities and Exchange Commission and / or any applicable state securities regulatory authorities or is exempt from such registration; (2) RIA's representatives who provide services
to referred clients are appropriately registered / licensed as «Investment Advisers Representatives» in required jurisdictions; (3) RIA charges fee - based, asset - based, or flat - rate investment advisory service fees (which may include hourly fees); (4) RIA will maintain a minimum of $ 350,000,000 in total regulatory assets under management, as reported in response
to Item 5 in Part 1A of the RIA's Form ADV, throughout the duration of RIA's participation in the Program; (5) RIA and all associated persons of the RIA who manage client assets or who supervise such associated persons shall at all times be covered through both Errors and Omissions
Liability Insurance and Fidelity Bond Coverage; and (6) RIA maintains a minimum of two principals or officers as well as a minimum of five
employees.
Purchase business insurance such as general
liability, workers» compensation if hiring
employees, product insurance or home - based business insurance
to protect business assets in the event of a lawsuit or settlement.
The largest adjustment
to shareholder value came in the form of $ 105 million in outstanding
employee stock option
liabilities.