Available Employees Clause Samples
The "Available Employees" clause defines the pool of personnel that a party, typically a service provider, can assign to perform contractual duties. It usually specifies that only employees who are not otherwise committed or unavailable due to leave, illness, or other obligations may be assigned to the project. This ensures that the party receiving services can expect a certain level of staffing and that the provider is not overcommitting resources, thereby reducing the risk of delays or inadequate performance.
Available Employees. Within ten (10) days of execution of the Agreement, Seller will provide Purchaser a list of certain employees of Seller and its Affiliates who are directly and exclusively employed full-time in the operation of the Acquired Assets (collectively, the “Available Employees”), including employees who are receiving short-term disability benefits or are on family and medical, medical/long-term disability, administrative or military leave or any other type of leave that entitles the employee to reinstatement upon completion of the leave under the applicable leave policies of Seller or its Affiliates (collectively, “Leave”). Such list shall include for each Available Employee the current job title and work location (but in no event any base salary, hourly wage rate information or other compensation information). From the date that the Seller provides Purchaser the list of Available Employees until five (5) days prior to the Closing Date, Seller and its Affiliates shall cooperate with Purchaser or Purchaser’s Affiliates in permitting Purchaser or Purchaser’s Affiliates to interview, on a voluntary basis, each Available Employee identified on such list, so as to make selection decisions and communicate to such employees any information concerning employment offers and employment with Purchaser or Purchaser’s Affiliates after the Closing Date.
Available Employees. (1) Schedule 8(c)(vi)(1) of the Disclosure Schedules contain a true and correct list of all individuals, by position, who are devoted primarily to providing services to Frontier or SLC Pipeline LLC, a Delaware limited liability company (each such individual, an “Available Employee”).
(2) Prior to the Closing Date, the Parties will enter into an Employee Matters Agreement, in a form that is mutually acceptable to the Parties, which will address the potential transfer of the Available Employees to Buyer or its Affiliates at the Closing, as well as related employee compensation, benefits plan and other employee-related matters pertaining to the Available Employees.
Available Employees. The Company may solicit to hire or hire any of ------------------- the Available Employees. To the extent the Company hires any Available Employees, such Available Employees shall be deemed Transferred Employees hereunder.
Available Employees. Section 4.12 of the Disclosure Schedule lists the names of all of the employees of Seller as of the date hereof whose primary job responsibilities relate to the Business (including any employee hired after the date hereof who counts towards the condition in Section 7.3(e) below, the “Available Employees”). Such list also shows each such Available Employee’s job title, hire date, work location, current annual salary, 2002 bonus, 2003 target bonus, accrued vacation and whether or not Seller has granted stock options to each such employee.