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Agmt15 York Risk Services Group, Inc.
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Agmt15 York Risk Services Group, Inc.
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Last modified
12/17/2020 9:03:47 AM
Creation date
6/10/2015 9:24:45 AM
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Template:
Agreement
Contractor Name
York Risk Services Group, Inc.
PROJECT NAME
Claims Administration Services- Workers' compensation program
RMP File Number
304
Date
7/1/2015
MO Ref
15-049
Amendment
Yes
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L. PRINCIPAL shall not hire any employee of YORK or induce any <br /> employee of YORK to terminate his or her employment (or encourage, and aid or abet <br /> any third party to do the same) at any time during which this Agreement or any <br /> extension or renewal thereof is in effect and for a period of twelve (12) months <br /> thereafter. PRINCIPAL agrees and acknowledges that YORK has invested time and <br /> resources in training its personnel and familiarizing them with PRINCIPAL'S account <br /> and that YORK will suffer harm, the extent of which is difficult to quantify, should <br /> PRINCIPAL directly or indirectly cause YORK'S employee to terminate their <br /> employment with YORK. Therefore, in the event that PRINCIPAL violates this provision, <br /> PRINCIPAL shall be liable to YORK for liquidated damages in a sum equal to the <br /> employee's salary for finro (2) years based on the employee's salary over the finro (2) <br /> months prior to the termination of that employee's employment with YORK. <br /> Notwithstanding the foregoing for purposes of this paragraph "YORK'S employee" shall <br /> mean an employee of YORK who has adjusted claims of PRINCIPAL pursuant to <br /> YORK'S work for PRINCIPAL under the Agreement. <br /> IN- WITNESS WHEREOF, the parties hereto have read and signed this <br /> Agreement as dated below and the Agreement is effective as of Date of Contract <br /> Inception. <br /> YORK RISK ER ICES GROUP, INC. CITY OF REDWOOD CITY <br /> BY: BY: r <br /> Jody . ray ob Bell <br /> Senior Vice President City Manager <br /> � <br /> BY: � <br /> Je <br /> Executive Vice resident & CFO <br /> Date: � Date: <br /> Silv Vo n y Clerk <br /> If require b City, proper notarial acknowledgment of execution by YORK must be attached. If a Corporation, <br /> Agreement must be signed by one corporate officer from each of the following finro groups. <br /> *Group A. **Group B. <br /> Chairman, Secretary, <br /> President,or Assistant Secretary, <br /> Vice-President CFO or Assistant Treasurer <br /> Otherwise, the corporation must attach a resolution certified by the secretary or assistant secretary under corporate <br /> seal empowering the officer(s)signing to bind the corporation. <br /> ATTY/AGR/2015.068/YORK TPA REDWOOD CITY <br /> REV:04-20-15 MLG <br /> Page 17 of 17 <br />
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