Final answer:
The annual event where associates participate is called 'Hearts of Montage', aimed at improving teamwork and morale among participants.
Step-by-step explanation:
The annual event in which associates participate is known as Hearts of Montage. This event likely involves various activities in which associates from a particular organization or company come together to take part. Such events are often designed to enhance teamwork, morale, and the organizational culture.
Whether it is a charity event, a team-building activity, or an appreciation gathering, Hearts of Montage seems to be a special event aimed at engaging associates in a meaningful way.