Inactive Employees. Participating employees who are laid off shall be entitled to continue their Life Insurance and Accidental Death and Dismemberment insurance during the recall period by remitting the appropriate premium to the Company for a period not exceeding twenty four (24) months from the last date of regular service. Conditions and procedures for such direct payment will be set by the Company, in accordance with the terms of the policy with the Underwriter. Participating employees who are on leave of absence shall be entitled to continue their Life Insurance and Accidental Death and Dismemberment insurance by remitting the appropriate full (100%) premium to the Company for a period not exceeding twelve (12) months from the last date of regular service. Conditions and procedures for such direct payment will be set by the Company, in accordance with the terms of the policy with the Underwriter.
Inactive Employees. Seller represents that as of the date hereof, there is one Facility Employee who is on leave due to short-term disability and no Facility Employees who are on leave due to long-term disability (an “Inactive Employee”). With respect to the one Inactive Employee as of the date hereof, and in the event any additional Facility Employee becomes an Inactive Employee between the date hereof and the Closing Date, Seller shall use commercially reasonable efforts to continue providing such Inactive Employees with disability coverage on or after the Closing Date under the applicable Seller Benefit Plan to the extent consistent and in accordance with the terms of such plan; provided that Purchaser or a Purchaser Affiliate shall offer [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. employment on the same terms as described in Section 9.01(b) to each Inactive Employee who, within twelve (12) months after the Closing Date, becomes able to return to active work, with or without reasonable accommodation, with such employment commencing upon the first regular workday following the conclusion of such leave. Such Inactive Employee who is offered employment by Purchaser or a Purchaser Affiliate in accordance with this Section 9.01(c) shall be considered a Facility Employee under the terms of this Agreement and if such Inactive Employee accepts the offer of employment and commences work as set forth herein, such Inactive Employee shall be considered a Transferred Employee for all purposes under this Agreement.
Inactive Employees. Any Media Information Employee or Arbitron Employee who is an inactive employee on medical, non-medical, or short-term disability leave of absence or absent from active employment due to occupational illness or injury covered by workers' compensation and entitled to participate any Welfare Plan, which participation shall be transferred to the corresponding Welfare Plan adopted by the Corporation.
Inactive Employees. Participating employees who are laid off shall be entitled to continue their Extended Health Care and Dental Benefits for a period not to exceed two (2) years from the last date of regular service, by remitting the appropriate full (100%) premiums to the Company. Participating employees who are on leave of absence shall be entitled to continue their Extended Health Care and Dental Benefits for a period not to exceed one (1) year from the last date of regular service, by remitting the appropriate premiums to the Company.
Inactive Employees. The following has been extracted from the May 1, 2004 Xxxxx grievance Settlement Agreement. For additional details, refer to the Settlement Agreement in its entirety. There are two categories of employees, Active and Inactive. Inactive employees are classified as either: Inactive Less Than 27 Months (LT27); or Inactive Greater Than 27 Months (GT27).
Inactive Employees. With respect to any Offer Employee (other than a TUD Employee or a Section 5.6(k)(iii) Pre-Selected Employee described in clause (x) of Section 5.6(k)(iii)) who is receiving short- or long-term disability benefits as of the Closing Date (each, an “Inactive Employee”), Purchaser or its applicable affiliate shall make each such Inactive Employee an offer pursuant to Section 5.6(f), which, notwithstanding Section 5.6(f), shall be effective upon the date on which such Inactive Employee is able to return to work; provided that if such Inactive Employee is not able to return to work prior to the six (6)-month anniversary of the Closing Date, Purchaser and its affiliates shall have no obligation to employ such Inactive Employee. For clarity, notwithstanding any provision of this Agreement to the contrary, Purchaser and its affiliates shall not assume any Liabilities with respect to any Inactive Employee until and unless such Inactive Employee becomes a Transferred Business Employee.
Inactive Employees. The Seller shall retain liability and responsibility for any inactive employee of the Seller (each, an "Inactive Employee") following the Closing until such employee becomes an employee of CPLC following the Closing or unless such employee is otherwise terminated by the Seller. After the Closing, CPLC shall offer employment to any Inactive Employee in accordance with CPLC's standard hiring procedure, subject to the following conditions: (i) if on medical leave, such Inactive Employee is released by his or her physician to return to active employment and (ii) such Inactive Employee actually reports for active employment with CPLC promptly upon receiving such medical release or the expiration of the approved leave; provided, however, that CPLC shall not be required to offer employment to any Inactive Employee under this provision for more than six months from the Closing Date or after the expiration of any applicable period required by Law, if later.
Inactive Employees. As of the Closing Date, all right of an Inactive Employee to future employment, if any, shall be with Purchaser and not with Seller. Purchaser shall offer employment to each Inactive Employee who applies for employment with Purchaser to the extent required by applicable law.
Inactive Employees. With respect to Employees who are not actively at work on the Closing Date due to illness, short-term disability (including maternity leave), worker’s compensation or other approved leave of absence (other than any such Employee whose employment is required to be transferred to Buyer under applicable Law), Buyer or a Buyer Corporation shall be required to offer employment to such Employee, in accordance with and subject to the provisions of this Section 7.5, as of the date such Employee is released to return to active work at the conclusion of such leave. Ashland or the applicable Asset Selling Corporation or Affiliate shall have the sole obligation to provide compensation and benefits to each such Employee as of the Closing Date until the date he or she becomes a Transferred Employee.
Inactive Employees. Notwithstanding anything in this Agreement, the Joint Venture Agreement or the Operating Agreement to the contrary, FAREISI shall cause each FAFCO Member (subject to such FAFCO Member's policies and procedures) to retain all of its employees engaged in the FAREISI Business who are on leave of absence status (whether paid or unpaid) as of the Effective Time (together with all liabilities related to such retained employees), until such time as such FAFCO Member has determined, in good faith and consistent with past practices, that any such person may return to active status. Upon making such determination, the FAFCO Member shall promptly notify NEWCO and such employee shall thereafter, upon reporting to work, automatically become an employee of NEWCO and shall be treated as a Hired Employee for the purposes of this Agreement (and all liabilities related to such employee shall then be automatically assumed by NEWCO).
