Studebaker's agreement with the E-M-F Company, made in September 1908, was a different relationship, one John Studebaker had hoped would give Studebaker a quality product without the entanglements found in the Garford relationship, but this was not to be.
Tripwire, Inc. is a software company based in Portland, Oregon that develops, markets and sells information technology (IT) solutions that provide security and compliance automation. year later, the company announced its sale to the private equity firm Thoma Bravo LLC, ending its $86 million IPO plans. CEO Jim Johnson cited the firm's failure to reach the $100 million revenue milestone in 2010 as well as changing IPO market expectations as reasons for not going through with the IPO.
DEFINITION of 'Captive Agent'. An insurance agent who only works for one insurance company. A captive agent is paid by that one company either with a combination of salary and commissions or with just commissions. He or she may be a full-time employee or an independent contractor, and may be provided with office space and benefits by the employer. Captive agents have in-depth knowledge of their particular company's insurance products, but cannot help a client who does not need or does not qualify for that company's products.