Examples of Covered Employees in a sentence
At least twenty (20) days prior to the Closing Date, except as otherwise provided in this paragraph, Buyer or one of its Affiliates shall make a written offer of employment, effective as of the Closing Date and contingent upon the Closing, to each of the Covered Employees not employed by a Transferred Entity.
Any Covered Employee who becomes employed by Buyer or one of its Affiliates in accordance with this Section 6.10(a) is referred to as a “Transferred Employee.” With respect to union-represented Covered Employees, such offers shall be consistent with the terms and conditions required by the governing Modified Labor Agreements, if any and to the extent such agreements are applicable.
Except for union-represented Covered Employees, such offer of employment shall be (i) at the same location of employment as such Covered Employee’s location of employment as of immediately prior to Closing, (ii) on substantially similar terms and conditions of employment as in effect immediately prior to Closing and (iii) with compensation and benefits at a level consistent with Section 6.10(b).
All Covered Employees (including those on leave of absence or disability) employed by a Transferred Entity shall become or continue to be employees of Buyer or an Affiliate of Buyer effective as of the Closing Date.
Xxxxxxx Deputy City Attorney Approved: Xxxx Xxxx Director of the Office of Contract Administration, and Purchaser CONTRACTOR Bay Area Economics By signing this Agreement, I certify that I comply with the requirements of the Minimum Compensation Ordinance, which entitle Covered Employees to certain minimum hourly wages and compensated and uncompensated time off.