Hiring of Company Employees Sample Clauses

Hiring of Company Employees. During the term of the Employee's employment hereunder, and for a period of twelve (12) months following the date on which Employee's termination of employment with the Company becomes effective, the Employee shall not, except in the course of the performance of his duties hereunder or with the prior approval of the Board, in any way directly or indirectly, with respect to any person who to the Employee's knowledge was employed by the Company or its affiliates ("Company Employee") at any time during the period commencing 12 months prior to the date of the hiring of such Company Employee, hire or cause to be hired any Company Employee, or contract the services of any closely held private corporation or other entity in which such Company Employee is an officer or director or holds a 25% or greater equity ownership interest.
Sample 1Sample 2Sample 3See All (10)
Hiring of Company Employees. During the Term or, should Employee’s employment hereunder during the Term be terminated voluntarily or involuntarily, for cause or without cause, Employee shall not, and shall not for a period of [ ] after such date of termination, directly or indirectly, as principal, agent, employer, Employee, director, officer, stockholder, partner or other equity owner or in any other individual or representative capacity, disrupt, damage, impair, interfere with or solicit in any way whatsoever or employ any of the employees of the Company or any of its affiliates.
Sample 1Sample 2Sample 3
Hiring of Company Employees. Within ten (10) days after the date hereof, Patriot shall either (i) provide, or cause its Designee to provide, offers of employment to a sufficient number of Company’s employees to avoid any liability against Rhino or Company under the WARN Act, or (ii) indemnify, defend and hold harmless Rhino and Company against any Losses under the WARN Act for failure to comply with clause (i) above.
Sample 1Sample 2
Hiring of Company Employees. During the term of the Executive's employment hereunder, and for a period of twelve (12) months following the date on which Executive's termination of employment with the Company becomes effective, the Executive shall not, except in the course of the performance of his duties hereunder or with the prior approval of the Board, in any way directly or indirectly, with respect to any person who to the Executive's knowledge was employed by the Company or its affiliates ("Company Employee") at any time during the period commencing six months prior to the date of the hiring of such Company Employee, hire or cause to be hired any Company Employee, or contract the services of any closely held private corporation or other entity in which such Company Employee is an officer or director or holds a 25% or greater equity ownership interest.
Sample 1Sample 2
Hiring of Company Employees. Buyer shall offer employment, effective as of the Closing Date, to each of the persons who are employees of the Company and the Subsidiaries immediately prior to the Closing (collectively the "Company Employees"). The parties acknowledge that the Seller may be the actual employer of such persons prior to the Closing and, accordingly, references in this Agreement to "employees of the Company and the Subsidiaries" (or phrases of similar import) shall include employees of Seller who are based out of the offices of the Company or any Subsidiary. A Company Employee who accepts employment as of the Closing Date shall be compensated by Buyer at his or her rate of compensation with the Seller, the Company or Subsidiary, as applicable, in effect immediately prior to the Closing and shall be eligible to participate in Buyer's vacation program, 401(k) and Stock Ownership Plan, and a health plan. Solely for purposes of Buyer's vacation program and for purposes of determining eligibility to participate in and vesting under the Buyer's 401(k) and Stock Ownership Plan, Buyer shall recognize service of Company Employees with (or with a parent entity on behalf of) the Company and Subsidiaries prior to the Closing Date from each Company Employee's most recent date of hire. Buyer shall also recognize service of Company Employees under the health plan referred to above for the period of "creditable coverage" that the Company Employee has under Seller's health plans. Notwithstanding the above, after the Closing Buyer shall have the right to manage the Company in accordance with Buyer's business judgment.
Sample 1
Hiring of Company Employees. During the Term, no Member nor any Affiliate of a Member shall hire, employ or otherwise retain the services of, including as an independent contractor, any person who is then serving, or who within the last year served, as either the chief executive officer or the chief operating officer of the Company, without the prior written consent of the other Members, which consent will not unreasonably be withheld. In the event that any employee or former employee of the Company (including, with the consent of the other Members, the chief executive officer or chief operating officer of the Company, but not including any secretarial or clerical employee) is at any time hired, employed or otherwise retained to provide services by a Member or an Affiliate of a Member, such employee shall not (and the hiring Member or Affiliate shall not permit such employee to) for the one-year period commencing on the date on which he or she begins providing services to such Member or Affiliate of a Member, perform, engage in, participate in, direct, or otherwise consult or provide advice or information with respect to, any business activity that competes directly with any business activity engaged in by the Company.
Sample 1
Hiring of Company Employees. During the term of the Manager’s and COO's work for the Company, and for a period of twelve (12) months following the date on which Manager’s or COO's termination of work with the Company becomes effective, the Manager or COO shall not, except in the course of the performance of his duties hereunder or with the prior approval of the Board, in any way directly or indirectly, with respect to any person who to the Manager’s or COO's knowledge was employed or retained by the Company or its affiliates ("Company Employee") at any time during the period commencing 12 months prior to the date of the hiring of such Company Employee, hire or cause to be hired any Company Employee, or contract the services of any closely held private corporation or other entity in which such Company Employee is an officer or director or holds a 25% or greater equity ownership interest.
Sample 1
Hiring of Company Employees. Except as specifically set forth in the letter agreement attached as Schedule 5, in the event that the Company, the Parent, Lockheed-Xxxxxx or any Lockheed-Xxxxxx affiliate employs or uses as an independent contractor any of the Company's employees at any time within six (6) months after the Closing Date, all of the rights of Lockheed-Xxxxxx and its affiliates to the Licensed Works shall immediately terminate, and any agreement with Lockheed-Xxxxxx or its affiliates shall cease to be an "Exempted Contract." The Parent and the Company agree to cause any agreement with Lockheed-Xxxxxx or its affiliates to include provisions implementing this covenant.
Sample 1
Hiring of Company Employees. The Company acknowledges and consents to the hiring of any Company employees or consultants under the Administaff Agreement by Buyer on or after the Supporting Stockholder Option Trigger Date, it being understood and agreed that any decision by Buyer to hire any such employee shall be in the sole and absolute discretion of Buyer.
Sample 1

Related to Hiring of Company Employees

  • Hiring of Employees Company and Shareholders shall cooperate with all requests made by Pentegra for the purpose of allowing Pentegra to hire those non-dentist employees of Company designated by Pentegra, such employment to be effective as of the Closing Date. Notwithstanding the above, Company and Shareholders shall remain liable under any Company Plans for any claims incurred by any employees or their spouses or dependents, and for all compensation, bonuses, benefits and other such items and other liabilities related to Company's employees incurred by Company prior to the Closing Date.

  • 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.

  • Non-Solicitation of Company Employees Executive shall not, at any time during the Restricted Period (as defined below), without the prior written consent of the Company, engage in the following conduct (a "Solicitation"): (i) directly or indirectly, contact, solicit, recruit or employ (whether as an employee, officer, director, agent, consultant or independent contractor) any person who was or is at any time during the previous six months an employee, representative, officer or director of the Company; or (ii) take any action to encourage or induce any employee, representative, officer or director of the Company to cease his or her relationship with the Company for any reason. A "Solicitation" does not include any recruitment of employees for the Company.

  • Newly Hired Employees All employees hired to an insurance eligible position must make their benefit elections by their initial effective date of coverage as defined in this Article, Section 5C. Insurance eligible employees will automatically be enrolled in basic life coverage. If employees eligible for a full Employer Contribution do not choose a health plan administrator and a primary care clinic by their initial effective date, and do not waive medical coverage, they will be enrolled in a Benefit Level Two clinic (or Level One, if available) that meets established access standards in the health plan with the largest number of Benefit Level One and Two clinics in the county of the employee’s residence at the beginning of the insurance year. If an employee does not choose a health plan administrator and primary care clinic by their initial effective date, but was previously covered as a dependent immediately prior to their initial effective date, they will be defaulted to the plan administrator and primary care clinic in which they were previously enrolled.

  • Business Employees (a) Schedule 1.1(a) contains a complete and accurate list of all the Business Employees as of the date specified in such list (which in any event shall be no more than ten (10) business days prior to the date hereof), showing for each Business Employee, the name, title, location, service date, annual salary or wages as of such date and aggregate annual compensation for Seller's 2002 fiscal year. None of the Business Employees is covered by any union, collective bargaining agreement or other similar labor agreement, formal or informal, nor, to Seller's knowledge, has there been any labor union organizing activities relating to the Business Employees within the past five years. (b) Except as set forth in Schedule 3.10(b), with respect to the Business Employees, Seller does not currently maintain, contribute to or have any liability under any Benefit Plan. With respect to each Benefit Plan identified on Schedule 3.10(b), Seller has made available to Buyer true and complete copies of the most recent summary plan or other written description thereof. Each Benefit Plan listed on Schedule 3.10(b) has been operated in material compliance with all applicable Laws, including ERISA. Each Benefit Plan that is intended to be qualified under Section 401(a) of the Code has received a favorable determination letter, or has pending or has time remaining in which to file an application for such determination, from the IRS, and Seller is not aware of reason why any such determination letter should be revoked or not issued or reissued. Any amount that could be received (whether in cash, property, or vesting of property) as a result of the transaction contemplated by this Agreement by any officer, director, employee or independent contractor of Seller, who is a "disqualified individual" (as defined in proposed Treasury Regulation Section 1.280G-1), under any Contract that will be assumed by the Buyer, would not be characterized as an "excess parachute payment" (as defined in Section 280G of the Code). (c) With respect to the CATV Business, there is not presently pending or existing, and, to Seller's knowledge, there is not threatened, (i) any strike, slowdown, picketing, or work stoppage, (ii) any application for certification of a collective bargaining agent, or (iii) any controversies pending, or to Seller's knowledge, threatened between Seller or any Subsidiary and any of its employees that, individually or in the aggregate, have had or could reasonably be expected to have a Seller Material Adverse Effect.

  • Seller's Employees Purchaser will interview and evaluate in accordance with its normal employment procedures those Persons employed as field personnel in the capacity of pumper, foreman, operator, technician, mechanic, superintendent, repairman, utility man, or other similar field classifications by Seller in connection with the Subject Properties and identified by letter of even date herewith from Seller to Purchaser who desire to be considered for employment by Purchaser, and will offer in writing employment to those Persons for whom Purchaser in its sole discretion determines a need. If Purchaser fails to offer such employment to all of such Persons, Purchaser shall not, as a result of such failure, otherwise be in default under this Agreement, but shall be required to reimburse Seller for severance benefits paid by Seller to each such Person not offered employment by Purchaser; provided, that such reimbursement shall not exceed that amount determined by multiplying each such employee's normal weekly wage by twelve (12). Persons offered employment with Purchaser will be offered employment at their current work location with compensation and benefits comparable to those provided to Purchaser's current employees performing similar tasks, or, if none, with compensation and benefits comparable to those provided by Seller Such offers shall be made prior to Closing, but shall be contingent upon the occurrence of Closing and such employment shall not commence until Closing. If any such Person employed by Purchaser is terminated by Purchaser within six (6) months of Closing, Purchaser shall pay such Person a severance benefit equal to the amount determined by multiplying each such employee's normal weekly wage by ten (10). Purchaser shall have no obligation under this Section 13.19 with respect to Persons offered employment by Purchaser pursuant to this Section 13.19 who decline such employment, except that the foregoing provisions shall apply to the extent that such Person accepts employment with Purchaser or any of its Affiliates within twelve (12) months of Closing.

  • TIME EMPLOYEES Definition

  • 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

  • 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

  • Probation for Newly Hired Employees (a) The Employer may reject a probationary employee for just cause. A rejection during probation shall not be considered a dismissal for the purpose of Article 11.2