Hiring and Retaining Employees Sample Clauses

Hiring and Retaining Employees. (a) Effective as of the Closing, Purchaser shall make bona fide, good faith offers of employment to all of the Employees, other than executive officers of Parent or of any Sellers, probationary Employees or Leased Employees, for employment at the same Business locations where they were employed in the ordinary course prior to the Closing. Such offers of employment may be on terms and conditions as Purchaser shall determine in its sole discretion; PROVIDED, HOWEVER, that Purchaser's offers of employment to Contracted Employees who are not Leased Employees shall be on substantially equal economic terms (combined salary, wages and bonus) as are available to such Contracted Employees under their respective employment Contracts with Sellers. All Employees hired by Purchaser pursuant to this ARTICLE IX shall be credited by Purchaser for their periods of employment with any Sellers through the day immediately preceding the Closing Date for purposes of determining seniority and eligibility for employee benefits (other than pension plans) provided generally by Purchaser's Parent or subsidiaries of Purchaser's Parent to their employees performing the same or substantially similar duties. For at least 90 days after the Closing, Purchaser shall not, directly or indirectly, take any actions that would cause more than either of the following two numbers of Covered Employees, specified in CLAUSES (I) AND (II), at the Las Vegas Business, the Black Hawk Business or the Tunica Business to incur an "EMPLOYMENT LOSS," as defined in SECTION 9.03: (i) The greater of (A) 49 or (B) 32.9% of all Covered Employees; or
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Hiring and Retaining Employees. 46 9.02. Purpose and Intent...................................... 47 9.03.
Hiring and Retaining Employees. (a) Effective as of the Transfer Time, Purchaser shall make bona fide, good faith offers of employment to all of the non-union represented Employees, other than executive officers or probationary Employees, for employment at the Business on substantially similar terms and conditions in the aggregate as such employees are currently employed. In addition, Purchaser shall make bona fide, good faith offers of employment to all Employees represented by any unions (the "Union") and, subject to Seller's attainment of the Union's written agreement in a form satisfactory to Purchaser, to likewise remain bound by the current collective bargaining agreement(s) with the Union following the Transfer Time, and Purchaser will assume and be bound by such collective bargaining agreement(s). All Employees hired by Purchaser pursuant to this Article X shall be credited by Purchaser for their periods of employment with Seller through the Transfer Time for purposes of determining seniority and eligibility for employee benefits (to the extent such service was recognized for such purposes under comparable plans of Seller) and shall be eligible for benefits provided generally by Purchaser to its employees performing the same or substantially similar duties. For at least 91 days after the Transfer Time, Purchaser shall not, directly or indirectly, take any actions prohibited by or fail to take actions required by WARN that would subject Seller to any liability, penalties, or awards pursuant to WARN, and shall not, directly or indirectly, take any actions that would cause more than 49 Employees, including, but not limited to, executive officers and probationary Employees, to incur an Employment Loss within such period. (b) From time to time after the execution of this Agreement, Seller shall be entitled to notify Employees regarding Purchaser's obligations under paragraph (a) of this Section 10.01.

Related to Hiring and Retaining Employees

  • Existing Employees Existing employees who are covered by the coverage clause of this Agreement may become union members at any time. Employees shall, from the date of becoming union members, be bound by all the benefits and obligations relating to employees under this Agreement.

  • 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

  • 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.

  • Continuing Employees “Continuing Employees” is defined in Section 6.4 of the Agreement.

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • CONTRACT EMPLOYEES Contained in Annexure D.

  • Student Employees A student employee is an employee who is hired for short-term work which is not ongoing. He/she is normally in the process of completing his/her post-graduate studies and is expected to return to his/her studies after an agreed employment period. The employee's benefits and working conditions are as per Article 34 (Temporary Employees).

  • Replacement Employees (a) A replacement employee is an employee specifically engaged or temporarily promoted or transferred, as a result of an employee proceeding on parental leave. (b) Before an employer engages a replacement employee the employer must inform that person of the temporary nature of the employment and of the rights of the employee who is being replaced.

  • Rehired Employees Amounts forfeited upon termination of employment because of the failure to meet the applicable vesting requirements shall not be reinstated or re-credited if an individual is subsequently rehired or re-employed by the School Corporation. However, if the board shall have approved a leave of absence of not more than one (1) fiscal year for an employee, such period of leave shall not result in forfeiture provided the employee shall promptly return to employment following the expiration of the period of leave.

  • Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all other savings and retirement plans, practices, policies and programs, in each case on terms and conditions no less favorable than the terms and conditions generally applicable to the Company’s other executive employees.

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