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ABC Agreement

What is 'ABC Agreement'

An agreement made between a purchasing member with a seat on the NYSE and the firm in which he or she works. With the approval of the NYSE, this agreement stipulates that the employee of the firm may:

Explaining 'ABC Agreement'

ABC agreements are important because the firm pays for the seat on the NYSE that the employee is using. As such, the firm wishes to insure itself against the possibility of the employee - should he or she no longer work for the firm - negatively impacting the firm's ability to trade on the NYSE.


Further Reading


Local empowerment through economic restructuring in Brazil: the case of the greater ABC region
www.sciencedirect.com [PDF]
… has been very active for example in negotiating a supplier's agreement between the … this strategy represents a profound innovation in the context of the ABC, and contains … Rio de Janeiro Google Scholar. Blumenschein, 1995 F. BlumenscheinThe positive economics of inflation in …

The association between activity-based costing and improvement in financial performanceThe association between activity-based costing and improvement in financial performance
www.sciencedirect.com [PDF]
… has been very active for example in negotiating a supplier's agreement between the … this strategy represents a profound innovation in the context of the ABC, and contains … Rio de Janeiro Google Scholar. Blumenschein, 1995 F. BlumenscheinThe positive economics of inflation in …

Development of a strategic management tool in a thermal power plant using ABC and BSC modelsDevelopment of a strategic management tool in a thermal power plant using ABC and BSC models
scindeks.ceon.rs [PDF]
… has been very active for example in negotiating a supplier's agreement between the … this strategy represents a profound innovation in the context of the ABC, and contains … Rio de Janeiro Google Scholar. Blumenschein, 1995 F. BlumenscheinThe positive economics of inflation in …

ABC for people with HIV: responses to sexual behaviour recommendations among people receiving antiretroviral therapy in Jinja, UgandaABC for people with HIV: responses to sexual behaviour recommendations among people receiving antiretroviral therapy in Jinja, Uganda
www.tandfonline.com [PDF]
… has been very active for example in negotiating a supplier's agreement between the … this strategy represents a profound innovation in the context of the ABC, and contains … Rio de Janeiro Google Scholar. Blumenschein, 1995 F. BlumenscheinThe positive economics of inflation in …



Q&A About ABC Agreement


How does this article relate to business law?

This article relates to business law because it discusses legal issues in regards to employment contracts, specifically with regard to non-compete clauses and restrictive covenants.

What is the purpose of an ABC agreement?

The purpose of an ABC agreement is to insure a firm against the possibility that an employee may negatively impact the firm's ability to trade on the NYSE.

Who approves these agreements?

The NYSE.

Why are they important?

They are important because firms pay for seats on the NYSE and wish to insure themselves against employees who no longer work for them.

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