The Executive further agrees that if any part of the agreements set forth in this Agreement or its application is construed as invalid or unenforceable, then the remainder of the Agreement or Agreements shall be in full force and effect without regard to any invalid or unenforceable portions thereof. But some redundancy phrases are so common that you might as well point them out. Today I talked to a friend about power and effect. I then checked EDGAR and found that the phrase appeared in 2,991 "substantive contracts" filed last month. This makes power and effect an integral part of the contractual landscape. Garner`s Dictionary of Legal Usage says it has "become part of the legal idiom." 11. Governing Law; Divisibility. This Agreement shall be governed by and construed in accordance with the laws of the State of New York, without regard to its conflict of law provisions. If any provision of this Agreement is found by a court of competent jurisdiction to be illegal or unenforceable, the parties agree that the court shall have the authority to modify, amend, or alter such provision(s) to make the Agreement legal and enforceable. If this Agreement cannot be modified to be enforceable, except for the general disclaimer, this provision will immediately become null and void, so that the remainder of this Agreement will remain in full force and effect. If the general wording of the release is found to be illegal or unenforceable, the Board member agrees to make an appropriate binding replacement release or, at the request of the Company, to return amounts paid under this Agreement. The protesters went into effect when the president arrived in Stockholm. "Power and effect." Merriam-Webster.com Legal Dictionary, Merriam-Webster, www.merriam-webster.com/legal/force%20and%20effect.

Retrieved 11 October 2022. If for any reason any provision of this Agreement or part of a provision is held to be invalid, . and each of such other provisions and parts thereof shall remain in full force and effect in accordance with the law. Garner suggests that "the emphasis on force and effect may justify the use of the term, in drafting (treaties and statutes) rather than in court opinions." But this ignores the nature of contract language – it serves to convince anyone of anything, so this kind of emphasis has no place in a contract. This warranty will remain in full force until .. 7. Governing Law and Interpretation. This Agreement shall be governed by and construed in accordance with the laws of the State of New York, without regard to its conflict of law provisions. Any action to enforce or violate this Agreement shall be subject to the exclusive jurisdiction of the Circuit Court located in and for Palm Beach County, Florida.

If any provision of this Agreement is held by a court of competent jurisdiction to be illegal or unenforceable and cannot be modified to be enforceable, except for the general release provision, that provision shall immediately become null and void, and the remainder of this Agreement shall remain in full force and effect. The parties acknowledge that this Agreement is the result of negotiations and agree that it shall not be construed against any party on the basis of sole authorship. The parties agree that in any dispute relating to this Agreement (as determined by the competent court(s)), the prevailing party shall be entitled to recover its reasonable attorneys` fees and related costs, including attorneys` fees and costs associated with an appeal. Appropriate force is the degree of violence that is appropriate and not excessive to defend one`s person or property. A person who uses such force has the right to do so and is not criminally or civilly responsible for the conduct. and each of the agreements and obligations contained in the loan agreement and other loan documents is hereby affirmed with the same force and effect as if each had been separately set forth herein and entered into as of the date of this agreement; But the ubiquity of the phrase cannot hide the fact that you`d better get rid of violence and/or full force, as the case may be. 5. Agreement in force and in full effect. Unless expressly modified by this Second Amendment, the terms of the Agreement shall remain in full force and effect, and the Agreement as modified by this Amendment and all of its terms, including, but not limited to, warranties and representations, are hereby ratified and confirmed by the Trust and Daylight Saving Time from the Effective Date.

The expression is used without force or effect and with the same force and effect, but more often than not, you see it in full force and effect.

In addition to the general principles of good labour relations practice, dismissals, reductions and severance payments are governed by the provisions of the Reduction and Severance Pay Act. The provisions of this Act apply only to employees who meet the legal definition of "employee" under the Industrial Relations Act and who have completed at least one (1) year of service. Employment contracts are governed by the principle of contract law according to which a contract cannot be modified without the consent of the opposing party. Therefore, caution should be exercised when drafting all employment contracts. In addition, appropriate procedures should be followed when it becomes necessary to renegotiate any aspect of the employment relationship. In addition to the employment contract, certain terms and conditions of employment and/or obligations and rights of the employer and employee may also be required by statute or implied under common law, including those relating to, for example, minimum wage, severance reductions and severances, maternity leave, and health and safety. In addition to its political stability, strategic location and significant natural resources (especially natural gas), Trinidad and Tobago is attractive to foreign investors because of its skilled and productive workforce. The population is educated and has a high level of literacy. As the most industrialized Caribbean nation, Trinidad and Tobago has an experienced workforce in various activities, including all aspects of the oil, gas and petrochemical industries. An arbitral award or a decision of the Labour Court may be challenged only on the grounds that the Labour Court did not exercise its jurisdiction or exceeded its jurisdiction, that the order was obtained fraudulently, that it was vitiated by an error of law or that there was a specific illegality in the course of the proceedings. The Labour Court`s finding that an employee was dismissed in circumstances that were not in accordance with the principles of good labour relations practice is not subject to appeal. If the court finds that an employee was wrongly dismissed, it may award the employee reinstatement and/or financial damages, including damages and punitive damages.

The Labour Court has the power to make an award which it considers fair and just, having regard to the interests of the persons directly concerned and the community as a whole, the merits of the case before it and the principles of good labour relations practice. The Act also provides for mandatory mediation of labour disputes between an employer and its employees concerning the dismissal, employment, non-employment, suspension, refusal of employment, reinstatement or reinstatement of such workers and includes disputes relating to conditions of employment. According to the law, a labour dispute can only be initiated by (i) the employer, (ii) the majority recognized union for the collective bargaining unit to which the employee belongs, or (iii) if there is no recognized majority union, a union in which the employee(s) involved in the dispute are honourable members. For employees who do not belong to a trade union or for matters that do not fall within the jurisdiction of the Labour Court, disputes are usually settled amicably or by a traditional action for termination of the employment contract. The Labour Court established under the Industrial Relations Act has jurisdiction to hear and resolve "commercial disputes" between an employer and its employees, including disputes relating to the dismissal of employees, through compulsory arbitration. The Court shall exercise its jurisdiction in accordance with the principles of fairness, good conscience and good practice in industrial relations. However, this specialised court does not replace the traditional jurisdiction of the High Court for actions for breach of contract of employment or unfair dismissal. Ideally, employment contracts should be in writing, but there is no general rule to that effect. In practice, they are often done partly orally, partly in writing. Often, the basic terms and conditions of employment are set out in a letter of appointment, which usually includes a job description or an indication of the duties required, as well as a general provision that the employee must perform all other necessary duties.

If workers are represented by a recognised majority trade union, the terms of a collective agreement between the employer and the union may also govern the employment relationship. In addition to this general customary legal obligation, the Occupational Safety and Health Act (OSHA) establishes a legal framework for occupational health and safety. The scope of the law goes beyond traditional industrial operations to include stores, offices and other workplaces. The employer has a general customary duty to take reasonable care of the safety of its employees during the period of their employment, including the obligation to provide competent personnel, appropriate facilities and equipment, a safe workplace and a safe work system. Compliance with these regulations is critical because, in addition to certain criminal penalties, OSHA gives workers the right to refuse work if there is a danger to safety or health. Health, safety, health and safety, occupational health and safety Under the Workers` Compensation Act, an employer is required to pay compensation for injury or death to an employee as a result of a workplace injury. The value of this benefit is calculated according to a prescribed formula and depends in part on a medical assessment of the worker`s permanent partial disability. In the event of death or serious and permanent incapacity, the employer remains liable, even if the accident may have been caused by serious and intentional misconduct on the part of the employee. The amounts payable for workers` compensation are relatively modest. However, paying workers` compensation to an employee does not preclude the employee from bringing any other action he or she may have against the employer (for example, negligence).

However, in determining the compensation due to the worker, the Court takes into account the amount paid to him as workers` compensation. The Act prohibits discrimination on the basis of "status," which includes: (i) sex (but not sexual preference or orientation), (ii) race, (iii) ethnic origin, (iv) origin, including geographic origin, (v) religion, (vi) marital status, (vii) disability (including mental or mental illness or disorder). Age is not a category protected by law. Discrimination occurs when an employer treats an employee or potential employee less. However, the regulation does not apply to employees who receive an hourly rate of at least 1.5 times the minimum wage. Explanatory memorandum - Nationality, Immigration and Asylum Act 2018 Contributions are calculated on the basis of a formula set out in the Social Security Act. Essentially, the legislation sets out several "categories of earnings," each of which involves "assumed average weekly earnings." Earnings include more than salary or base salary, but include acting allowances, overtime, scholarships, allowances, commissions, production or efficiency bonuses, on-call service payments, hazard or dirt allowances, and dependents` allowances. The contribution payable for an individual employee is based on the assumed average weekly earnings of the class to which the individual employee belongs and a statutory rate adjusted from time to time. Effective September 2016, the legislated rate was increased to 13.2% of insurable earnings. Although these conditions are prima facie void because they are contrary to public policy, they may be enforceable if they are proportionate both between the parties and in the public interest. A restriction that purportedly takes effect after the termination of the employment relationship is not appropriate unless it protects certain legally recognized property interests of the employer. Even where those recognised interests are concerned, the restriction imposed on the employee must not exceed what is reasonably necessary to protect that interest, failing which they shall be null and void.

The terms of the employment contract should be carefully considered, as they clarify many important issues, such as the notice period required for dismissal and the conditions that the employer deems necessary to protect its intellectual property rights and trade secrets. Where appropriate, the contract may contain restrictive agreements prohibiting a former employee from setting up a competing business or working for a competitor in a given territory for a certain period of time. MOTOR VEHICLES AND ROAD TRAFFIC ACT (ENFORCEMENT AND ADMINISTRATION) CHAPTER 48:52 Current authorized pages Authorized safety: This includes regulations on the supply of clothing and protective devices, dust and smoke suppression, and machinery protection; The Equality Act generally prohibits employers from discriminating against employees or prospective employees on the basis of their gender, race, ethnicity, geographical origin, religion, marital status or disability.

Quien Es El Representante Legal Del Banco De Occidente

He has worked for companies such as Organización Corona, Banco de Occidente, Grupo Aval Acciones y Valores S.A, Credibanco Visa, Experian Datacredito and Digit. He also participated as a member of the Board of Directors, among which stand out Servibanca S.A., Ventas y Servicios S.A. and Incocrédito. Joined the Bank in 1,980 years in the following positions: Deputy Director of the Organization and Methods Department, Director of the Projects Department, Director of Banking Technology, Deputy Head of the Organization and Methods Department, Operations Support Manager and Head of Human Resources. Iván Mauricio Cepeda Díaz-Granados – Vice President Credit He is a member of the Finance Committee and the Credit Committee and has been a member of the Board of Directors of Banco de Occidente since 2008. He has been a core member of Banco de Occidente since March 2019. Previously, he was a member of the Board of Directors of Fiduciaria de Occidente, Corficolombiana and Leasing de Occidente, among others. He has more than 8 years of experience in banking companies, before joining Banco de Occidente S.A., he worked for 2 years as an audit manager at Fiduciaria de Occidente S.A. He also worked for 8 years as Audit Director at PricewaterhouseCoopers, clients he served include Banco Itaú S.A., Banco Agrario de Colombia S.A., Banco GNB Sudameris S.A., Banco Santander de Negocios Colombia S.A., Banco Cooperativo Coopcentral, Banco Coomeva and Banco WWB S.A. Industrial Engineer from the Pontificia Universidad Javeriana de Bogotá, with Master in Administration and Finance and Specialization in Marketing from EAFIT – Medellín. El Dr. Maldonado is an industrial engineer from the Universidad de los Andes and holds an MBA from the University of Chicago`s Booth School of Business.

Civil engineer from Javeriana University of Bogotá, holder of a Master of Business Administration from Babson College in Wellesley, USA, has completed programs with the Icesi University of the Executive of the Higher Municipal Government and with the Center for Leadership and Transformative Management Business Leadership, in addition to various seminars and courses in strategy, finance, marketing, innovation and processes. Dr. Villegas is an electrical engineer from the Universidad Pontificia Bolivariana de Medellín, with a specialization in Telematics from the Universidad de los Andes and a Master of Business Administration from the Universidad de la Sabana. Dr. Sinisterra is a Business Economist from ICESI University. He is currently a member of the Board of Directors of Ventas y Servicios S.A. and Redeban. Mauricio Maldonado Umaña – Vice President Strategy He is currently a member of the following boards: Corficolombiana, Fiduciaria de Occidente, Banco de Occidente Panama, Occidental Bank Barbados and Vallecaucana Action Unit.

Johnny Leyton Fernández – Vice President of Risk and Medical Collection at Javeriana University of Bogotá, with specializations in arthroscopic superiory from New York University, orthopedics and traumatology from Javeriana University and attended courses and seminars at the same university for personalized coaching, investment banking and business management. During his career, he held various legal positions, joining Banco de Occidente in 1988 and becoming Legal Vice President in 1992. Julián Sinisterra Reyes – Vice President Commercial People He has been a member of the Board of Directors of Banco de Occidente since 1993 and a member of the Board of Directors of: Plásticos Flexibles, Productos Coldecom and Almacenes Éxito. Economist at the Catholic University of Colombia specializing in finance of the Universidad de los Andes. He has held various positions in the financial sector, including Vice President of Credit Cards and Vice President of Channels at Banco de Bogotá. He also served as Vice President of Sales and Marketing for Copa Airlines and Vice President of Cell Phones for Samsung Electronics Colombia. He has also participated as a member of boards of directors, including Banco Popular S.A., Promigas S.A. ESP and Casa de Bolsa S.A. Lawyer of the Universidad de los Andes, with specializations in commercial law from the National University of Colombia and comparative law from New York University. Douglas Berrío Zapata – Legal Vice President Eduardo Alfonso Correa Corrales – Vice President of Human and Administrative Talent We provide our clients and shareholders with information about our directors, alternates, advisors, presidents and vice-presidents of the bank.

Member of the Board of Directors of Banco de Occidente since December 10, 2015 and currently President of SUPERTEX S.A. He is currently Director of the Postgraduate Course in Sports Traumatology at Imbanaco Medical Center and currently sits on the Board of Directors of the Colombian Society of Orthopedic Surgery and Traumatology. Scott, Vice Chairman of the Board of Directors of the Latin American Society of Knee Arthroscopy, Arthromed, the Latin American Society of Arthroscopy; Knees and sport. He is a member of the Finance Committee of Imbanaco Medical Center and Promédico. Gerardo Silva Castro – Vice President of Business Architect at the Universidad de los Andes, holds a Master`s degree in Urban Design and Planning from the Oxford Politecnic of Gran Britain. He held the following positions CORFIANDES Portfolio Director, at Leasing de Occidente S.A., he was Administrative and Financial Director and Vice President Financial and Administrative, at Banco de Occidente, he held the following positions: Director of Leasing, Director SOX and on August 29, 2014, he was appointed Vice President Financial. Industrial engineer from the Universidad de los Andes. Pedro Luis Villegas Ramirez – Vice President of Operations and Technology Industrial Engineer from the University of Georgia, CEO Management Program at Kellogg School of Management, He has served as Plant Engineer, Cost Manager, Deputy Director of Operations, Commercial Director and now General Manager of Mayaguez S.A. He is a member of the Board of Directors of Constructora Meléndez and a member of the Board of Directors of Banco de Occidente since 2012.

Member of the Audit Committee and alternate member of the Corporate Governance Committee. He is currently a member of the Board of Directors of: Grupo Fanalca, Alianza Fiduciaria, Imecauca, Zona Franca Palmaseca, Ciudad Limpia, RF Comunicaciones and ANDI. He has been a professor at various universities in commercial law, introduction to law, banking law, introduction to banking, among others. Civil engineer from the University of Cauca with a master`s degree from the Autonomous University of Mexico. She is an auditor with more than 10 years of professional experience in planning, conducting and conducting audit processes, assessing systems of internal control, advising on IFRS and auditing financial statements in accordance with Colombian generally accepted accounting principles and International Financial Reporting Standards (IFRS). He has experience in financial, commercial, granting and credit risk matters through his time at Fiduciaria La Previsora, Corredores Asociados, Banco de Bogotá, Citi Bank and Scotiabank Colpatria S.A. Industrial Engineer from the Georgia Institute of Technology – USA, with a Master`s degree in Industrial Administration from the Universidad del Valle. He is currently a member of the following boards of directors: Fiduciaria de Occidente, Concesionaria Vial de los Andes, Fondo de Pensiones Porvenir, Banco de Occidente (Panama) and Occidental Bank and Trust Barbados. He has extensive experience in the financial sector in various roles for over 25 years, has been with the bank since 1994 as Vice President of Corporate, Formal and Intermediary Banking, and was appointed Vice President of Companies in April 2014. Since 1996, he has been a member of the Board of Directors of Banco de Occidente and the Board of Directors of Ingenio Providencia, the Chamber of Commerce of Palmira and the packaging industry. He has worked for companies such as McKinsey & Co., Corficolombiana and most recently as Vice President of Strategy at Grupo Aval Acciones y Valores S.A., a position he held from May 2012 to September 2018. As part of his experience in the financial sector, both in the private and public sector, he has held the following positions: lawyer at the Pontificia Universidad Javeriana de Bogotá, specializing in the same University of Socio-Economics and Commercial Law.

He is currently a member of the Board of Directors of Fiduciaria de Occidente.

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