3. "Professional employer agreement" means a written contract whereby:
- (a) A professional employer organization expressly agrees to co-employ all or a majority of the employees providing services for the client;
- (b) The contract is intended to be on-going rather than temporary in nature;
- (c) Employer responsibilities for worksite employees, including those of hiring, firing and disciplining, are expressly allocated by and between the professional employer organization and the client in the agreement; and
- (d) The professional employer organization expressly assumes the rights and responsibilities as required in section nine hundred twenty-two of this article.