Accrued Vacation Time. Such time must be used prior to the use of time under c. and d. below.
Accrued Vacation Time. Purchaser hereby agrees to satisfy when due all obligations of Seller to provide accrued paid vacation (or pay in lieu thereof) to each Hired Employee solely to the extent such accrued vacation as of the Closing Date is reflected in the final determination of the Actual Working Capital. Purchaser will give each Hired Employee credit under Purchaser’s vacation policies, for purposes of eligibility and entitlement to benefits, for such Hired Employee’s service with Seller prior to the Closing to the extent such service was credited under Seller’s policies.
Accrued Vacation Time. For each U.S. H&N Business Employee who becomes a Transferred H&N Business Employee, Fermat (or its applicable Subsidiary) shall pay any accrued unused vacation time, as of the Closing, on or timely following the Closing Date. For each Automatic Transfer H&N Business Employee and each other International H&N Business Employee who becomes a Transferred H&N Business Employee, in addition to the requirements imposed by applicable Law and except where prohibited by applicable Law, Descartes will or will cause its applicable Subsidiary to recognize and assume the Liability with respect to accrued but unused vacation time and Descartes (or its applicable Subsidiary) shall allow such Transferred H&N Business Employees to use such vacation time in accordance with the terms of Descartes’s (or its applicable Subsidiary’s) policies or programs; provided, that such vacation time shall be banked and not subject to forfeiture under such policies or programs. No later than thirty (30) days following the Closing Date, Fermat shall provide Descartes with a schedule of each Transferred H&N Business Employee’s accrued but unused vacation time that will transfer to Descartes pursuant to this Section 5.9(k).
Accrued Vacation Time. This Settlement Agreement ("Agreement") is made and entered into effective July 1, 2020 ("Effective Date"), by and between the Oak Park Unified School District (''the District") and the Oak Park Classified Association ("OPCA") (hereafter collectively referred to as "the Parties").
Accrued Vacation Time. Twelve-month employees are entitled to the following days. After completing:
Accrued Vacation Time. The Company will pay the Executive the value of any unused vacation time he has accrued on the next regular payday following the Termination Date.
Accrued Vacation Time. For each U.S. Ag Business Employee who becomes a Transferred Ag Business Employee, Descartes (or its applicable Subsidiary) shall pay any accrued unused vacation time, as of the Closing, on or timely following the Closing Date. For each Automatic Transfer Ag Business Employee and each other International Ag Business Employee who becomes a Transferred Ag Business Employee, in addition to the requirements imposed by applicable Law and except where prohibited by applicable Law, Fermat will or will cause its applicable Subsidiary to recognize and assume the Liability with respect to accrued but unused vacation time and Fermat (or its applicable Subsidiary) shall allow such Transferred Ag Business Employees to use such vacation time in accordance with the terms of Fermat’s (or its applicable Subsidiary’s) policies or programs; provided, that such vacation time shall be banked and not subject to forfeiture under such policies or programs. No later than thirty (30) days following the Closing Date, Descartes shall provide Fermat with a schedule of each Transferred Ag Business Employee’s accrued but unused vacation time that will transfer to Fermat pursuant to this Section 5.8(k).
Accrued Vacation Time. The Company further agrees to pay Employee for the accrued vacation and paid time off benefits that Employee has earned but not used as of the Separation Date. Such benefits shall be paid at Employee's current pay rate, less applicable taxes and withholdings.
Accrued Vacation Time. Executive shall receive payment, within fifteen --------------------- (15) days after the Effective Date, of all of Executive's unused available prior-accrued vacation as stated in the Company's payroll records as of the date of execution hereof, plus Executive's additional accrued vacation allocated through the Effective Date, pursuant to the Company's standard policy, based upon Executive's Base Salary.
Accrued Vacation Time. 32 7.7 U.S. WARN Act...................................................................33 7.8 U.S. COBRA......................................................................33 ARTICLE VIII OTHER POST-CLOSING COVENANTS...................................................33
