New York Consolidated Laws, Labor Law - LAB § 1050. Definitions

1. “Employer” means any person, corporation, limited liability company, or association employing any individual in any occupation, industry, trade, business or service including the state and its political subdivisions.

2. “Employee” means any person employed for hire by an employer in any employment.

3. “Employment promissory note” means any instrument, agreement, or contract provision that requires an employee to pay the employer, or the employer's agent or assignee, a sum of money if the employee's employment relationship with a specific employer terminates before the passage of a stated period of time.

4. “Transferable credential” shall mean any degree, diploma, license, certificate, or documented evidence of skill proficiency or course completion that is widely recognized by employers in the relevant industry as a qualification for employment, independent of the employer's specific business practices, or that provides skills or qualifications that demonstrably enhance the employee's employability with other employers in the relevant industry.  Notwithstanding the foregoing, a “transferable credential” shall not include: