1.  If an employee of a corporate licensee who is required to be licensed individually:

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(a) Does not apply for a license within 30 days after the Commission requests the employee to do so, and the Commission makes a finding of unsuitability for that reason;

(b) Is denied a license; or

(c) Has his or her license revoked by the Commission, the corporate gaming licensee by whom the employee is employed shall terminate his or her employment in any capacity in which the employee is required to be licensed and shall not permit the employee to exercise a significant influence over the operation of the gaming establishment upon being notified by registered or certified mail of that action.

2.  If the corporate licensee designates another employee to replace the employee whose employment was terminated, it shall promptly notify the Commission and shall cause the newly designated employee to apply for a gaming license.