European Employees Sample Clauses

European Employees. (i) There are no material deviations in the employment conditions of the European employees in the Business from applicable law and collective bargaining agreements, except as disclosed on Schedule 4.13(j). (ii) Schedule 4.13(j) sets forth a complete and accurate list of (x) all material shop agreements (Betriebsvereinbarungen or, outside of Germany, equivalent 38 collective agreements) applicable to the European employees and (y) all pension plans, other than state or statutory social security, applicable to the European employees.
Sample 1
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European Employees. Imation shall, and shall cause the other Acquiring Entities to, offer to employ or continue the employment of the Business Employees of TME and TPL (the “European Employees”), from and after Closing, at a level of compensation and benefits (including salary or wages, bonuses, incentive compensation, and employee benefits) that is substantially similar, in the aggregate, to that provided immediately prior to the Closing, and shall, subject to normal attrition and to employee acceptance of such offer, maintain the employment of such employees on such terms as and to the extent required by applicable Law (including the Transfer Regulations) or as a result of negotiation with applicable works councils and/or unions; provided, that, subject to Imation’s and its Affiliates’ compliance with applicable Law and any Acquired Contracts, the continued employment of such European Employees will be at the discretion of Imation and will be “at will” employment. Imation shall undertake, and shall cause each of its Affiliates to undertake, all required notices to and negotiations with works councils and unions and shall comply with any applicable Transfer Regulations. In the event that Imation or any of its Affiliates terminates any European Employee within one (1) year after the Closing, Imation shall (i) pay or provide such European Employee the severance, outplacement and other benefits provided for under the applicable TDK Severance Plan and (ii) promptly notify TDK of such termination, identifying the terminated employee.
Sample 1
European Employees. The Parties hereby acknowledge and agree that, notwithstanding the foregoing to the contrary, (i) Current Employees employed by an Asset Seller in Europe to be transferred to Buyer or any of its Affiliates on or after the Closing are identified on Schedule 5.2(e)(i) hereto (collectively, the “EU Asset Employees”), which Schedule may be updated prior to Closing, and (ii) shall be transferred from the Asset Sellers to Buyer or its Designated Purchasers pursuant to and in accordance with, and each of the Buying Partings and Selling Parties hereby covenant and agree to, all of the terms, provisions and conditions of attached Schedule 5.2(e)(ii) (European Employee Transfer Schedule) with respect to such employees.
Sample 1
European Employees. The Vendor (on behalf of itself and the Relevant Seller) and the Purchaser (on behalf of itself and the Relevant Purchaser) accept and agree that by virtue of Completion the Transfer Provisions shall operate to transfer the contract of employment of each European Employee to the Relevant Purchaser in accordance with the legal effect of the Transfer Provisions in the relevant European Country and accordingly the Purchaser shall, or shall procure that the Relevant Purchaser shall, in so far as the Transfer Provisions in the relevant European Country requires employ each such European Employee with effect from the Completion Date (which shall be the time of transfer under the Transfer Provisions) and the Purchaser shall, or shall procure that the Relevant Purchaser shall, in so far as the Transfer Provisions in the relevant European Country requires treat each such Employee's continuous period of service with the Vendor or Relevant Seller as continuous with such Employee's continuous period of service with the Relevant Purchaser.
Sample 1
European Employees. (i) Seller and Buyer acknowledge and agree that the contracts of employment of each of the European Employees shall not be terminated as a result of this sale and purchase, but shall continue to have effect as if originally made between each such European Employee and Buyer in accordance with and save as may be otherwise provided by the Acquired Rights Directive. (ii) All salaries, wages, bonuses and other emoluments, all statutory contributions and all income tax deductible under PAYE for which Seller or any of its Affiliates is accountable, all employer’s contributions to Seller’s or such Affiliate’s pension and insurance schemes, and all other employment costs in respect of any European Employee shall, in respect of the period: (A) up to and including the Closing Date, be borne by the Seller Companies (other than Uniloy Italy); and (B) from and after the Closing Date, be borne by the Buyer. (iii) Notwithstanding Section 3(n)(vi), if by operation of Law the contract of employment of any employee of any Seller Company (other than Uniloy Italy) shall be transferred to the Buyer or if any other employee of any Seller Company (other than Uniloy Italy) alleges that his employment did so transfer, then Buyer may terminate the contract of employment of such employee as soon as reasonably practicable after becoming aware of such transfer of employment.
Sample 1

Related to European Employees

  • FOREIGN EMPLOYEES 1B VISA costs shall not be passed through to the Authorized User under this Contract. Although Authorized Users will not affirm employment for immigration purposes, an Authorized User may be asked to confirm Contractor’s statement of the individual’s employment for immigration purposes. Based on RFQ security requirements the Authorized User may require that all staff must be citizens of the United States, and if so, Authorized User will indicate in the RFQ.

  • Shift Employees Employees who work rotating shift patterns or those who work qualifying shifts shall be entitled, on completion of 12 months employment on shift work, to up to an additional 5 days annual leave, based on the number of qualifying shifts worked. The entitlement will be calculated on the annual leave anniversary date. Qualifying shifts are defined as a shift which involves at least 2 hours work performed outside the hours of 8.00am to 5.00pm, excluding overtime. Number of qualifying shifts per annum Number of days additional leave per annum 121 or more 5 days 96 – 120 4 days 71 – 95 3 days 46 – 70 2 days 21 – 45 1 day

  • Business Employees a) Prior to the Closing, Seller shall update the information provided in Schedule 3.10(a)(i) as of the Closing Date. b) As of the Closing Date, Buyer shall make offers of employment to at least the number of Business Employees of Seller set forth on Schedule 5.4(b) whom shall be specifically identified by Buyer prior to the Closing. The initial term of employment shall be for a period no less than three (3) months, subject to termination for cause, which cause shall be determined by the Buyer or Buyer Designee in its sole discretion. At the end of the initial three (3) month term, the Buyer or Buyer Designee shall have the option to extend employment to those Business Employees as it determines in its sole discretion. To the extent permitted by applicable Law, including data privacy and data protection Laws, Seller agrees to provide Buyer with such information reasonably requested by Buyer to assist it with complying with the terms of this Section 5.4 and to assist Buyer with determining the wages paid to the Transferred Employees (as defined below) with respect to the period beginning on December 29, 2017 and ending on the Closing Date. Without limiting the foregoing, each Party shall comply with all applicable Laws in connection with the transfer of the employees to Buyer or a Buyer Designee, including with respect to notice and other procedural requirements. Any offered Employee who accepts Buyer’s offer of employment and commences employment with Buyer or a Buyer Designee shall be referred to as a “Transferred Employee”. Employment of the Transferred Employees with Buyer or a Buyer Designee shall be effective as of the day following the close of business on the Closing Date. c) Where terms are not dictated by applicable Law, Buyer or a Buyer Designee shall provide, or shall cause to be provided, to Transferred Employees, during their employment with Buyer or a Buyer Designee, at a minimum, the same base salaries or, as applicable, base wage rates, offered by Seller immediately prior to the Closing Date (but taking into account the 2018 salary increases) as set forth on Schedule 3.10(a)(i). Except as expressly set forth in this Section 5.4, no Benefit Plans or assets of any Benefit Plan shall be transferred to Buyer or any Affiliate of Buyer. d) Seller and Buyer intend that the transactions contemplated by this Agreement shall not constitute a severance of employment, under the terms of any Benefit Plan of Seller, of any Transferred Employee prior to or upon the consummation of the transactions contemplated hereby and that such employees will have continuous and uninterrupted employment immediately before and immediately after the Closing Date. Notwithstanding anything to the contrary in this Agreement, Buyer shall provide, at a minimum, severance benefits substantially equivalent to the benefits contained in the plans listed or as described on Schedule 5.4(d) to Transferred Employees whose employment is terminated involuntarily by Buyer on or before December 31, 2017 other than terminations in circumstances that would not require payments of severance benefits under Seller’s severance plan. e) Notwithstanding anything herein to the contrary, nothing in this Agreement shall require Buyer or a Buyer Designee to employ any Business Employees, or to employ any Transferred Employee on anything other than an at-will basis, terminable at any time with or without cause unless required otherwise under applicable Law. Nothing in this Section 5.4, expressed or implied, shall confer upon any employee or former employee of Seller or related entities (including, without limitation, the Transferred Employees) any rights or remedies (including, without limitation, any right to employment or continued employment for any specified period) of any nature or kind whatsoever, under or by reason of this Section 5.4. It is expressly agreed that the provisions of this Section 5.4 are not intended to be for the benefit of or otherwise be enforceable by, any third party, including, without limitation, any Transferred Employees. No provision of this Section 5.4 shall create any rights in any such persons in respect of any benefits that may be provided under any Benefit Plan or any plan or arrangement which may be established or maintained by Buyer, shall be construed to establish, amend, or modify an Benefit Plan or any other benefit plan, program, agreement or arrangement nor shall require Seller, Buyer or any Affiliate of Seller or Buyer to continue or amend any particular benefit plan and any such plan may be amended or terminated in accordance with its terms and applicable Law

  • Casual Employees A casual employee is one who is not regularly scheduled to work other than during periods that such employee shall relieve a regular full-time or regular part-time employee. Casual employees accumulate seniority on an hourly basis and are entitled to such benefits as are contained in the “Addendum - Casual Employees”.

  • An Employee once sent on annual leave shall not be recalled for duty except by mutual agreement between the Employer and Employee.

  • Active Employees Active Employees who have not terminated service during the Plan Year and who meet the following requirements (select all that apply; leave blank if no exclusions): a. [ ] The Employee must be at least age (e.g., 55) b. [ ] The value of the sick and/or vacation leave must be at least $ (e.g., $2,000) c. [ ] A contribution will only be made if the total hours is over (e.g., 10) hours d. [ ] A contribution will not be made for hours in excess of (e.g., 40) hours

  • CONTRACT EMPLOYEES Contained in Annexure D.

  • Current Employees Employees who are eligible to participate but not deferring shall have Elective Deferrals withheld in the amount of ______ % of Compensation or $_________ of Compensation. Employees and Participants shall have the right to amend the stated automatic Elective Deferral percentage or receive cash in lieu of deferral into the Plan.

  • Other Employees Except as may be required in the performance of Employee’s duties hereunder, Employee shall not cause or induce, or attempt to cause or induce, any person now or hereafter employed by the Company or any of its affiliates to terminate such employment. This obligation shall remain in effect while Employee is employed by the Company and for a period of one (1) year thereafter.

  • Company Employees Each Party shall not, directly or indirectly solicit for employment, any employee of the other Party who has been directly involved in the performance of this Agreement during the Term and for one year after the earlier of the termination or expiration of this Agreement or the termination of such individual's employment, with the other Party. It shall not be a violation of this provision if any employee responds to a Party's general advertisement of an open position.

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