Scheduled Employees. Employees working according to a posted schedule who are called back to work shall be paid a minimum of three hours at overtime rates.
Scheduled Employees. Concurrent with the execution of this Agreement, Seller has delivered to Buyer a written statement that contains the names of individuals (including dependents) (i) currently receiving COBRA continuation coverage under any heath plan of Seller, (ii) terminated within 115 days prior to the execution date of this Agreement, (iii) employed by Seller as of the date immediately preceding the execution date of this Agreement and who will be terminated in connection with the acquisition, and (iv) who are Designated Employees.
Scheduled Employees. Following the Signing Date and prior to the Effective Date, the Parties shall cooperate to identify the Schedule A-1 Employees and Schedule A-2 Employees and address any actions necessary to timely effect the applicable transfers of employment.
Scheduled Employees. Schedule 7.2 to the Agreement is hereby deleted in its entirety and replaced with EXHIBIT A attached hereto.
Scheduled Employees. Scheduled employees may work one of the following schedules:
Scheduled Employees. (a) Except as described on the Scheduled Employees Schedule attached hereto, no Contract that provides current or future benefits to any employee listed on such schedule (a "SCHEDULED EMPLOYEE") provides or is required to provide, now or in the future, health, medical, dental, accident, disability, death or survivor benefits to or in respect of any Person beyond termination of employment, except to the extent required under any state insurance law or under Part 6 of Subtitle B of Title I of ERISA and under Section 4980(B) of the Code.
Scheduled Employees. 26 7.1 Transition of Scheduled Employees...........................................26 7.2 Compensation of New Medarex Employees.......................................27
Scheduled Employees. 8 1.45 Seller............................................................. 8 1.46 Seller's Closing Certificate....................................... 9 1.47 Stock.............................................................. 9 1.48 WARN............................................................... 9 1.49
Scheduled Employees. As of the Closing Date, all Scheduled Employees shall continue to be employed by one of the Acquiror Companies; provided, however, that the Scheduled Employees will be employed on an "at will" basis (except as provided in paragraph (a)(ii) below). The Scheduled Employees' compensation, titles and job duties will be determined by the Acquiror Companies in their sole discretion. Nothing in this Agreement shall create any obligation on the part of an Acquiror Company to continue the employment of any Scheduled Employee for any definite period following the Closing Date. Acquiror shall, or shall cause the Acquiring Companies to, (x) credit all Scheduled Employees who continue their employment after the Closing Date for service performed as employees of the Target Company and the Subsidiaries prior to the Closing Date for eligibility and participation purposes in any Welfare Plans maintained by any Acquiring Company at or after the Closing Date for which the Scheduled Employees are eligible; (y) credit each Scheduled Employee with any amounts paid under the Target Company's Employee Benefit Plans prior to the Closing Date toward satisfaction of applicable deductible amounts and copayments, coinsurance, and out of pocket maximums under the corresponding Acquiror's plan, but only to the extent that such payments would have been taken into account under the Target Company's Employee Benefit Plans; and (z) waive any pre-existing condition limitation with respect to any Scheduled Employee and his or her dependents, but only to the extent that such pre-existing condition limitation would apply in the Welfare Plan in which such Scheduled Employee and his or her dependents were covered prior to the Closing Date.
Scheduled Employees. In jurisdictions where local law provides for automatic transfer of employment (“TUPE countries”) the Scheduled Employees will transfer to the Buyer or its applicable designated Buying Affiliate, unless any such Scheduled Employee objects to the transfer of his or her employment in accordance with local law or terminates his or her employment prior to local Closing, and in all other jurisdictions (“Non-TUPE countries”) the Scheduled Employees who accept offers of employment from Buyer or its applicable designated Buying Affiliate will commence employment with Buyer or such Buying Affiliate as follows:
