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. Scheduled employees may work one of the following schedules:
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. 8 1.45 Seller............................................................. 8 1.46 Seller's Closing Certificate....................................... 9 1.47 Stock.............................................................. 9 1.48 WARN............................................................... 9 1.49
Scheduled Employees. Scheduled Employees" shall mean certain salaried employees of the Company whose names are listed on Exhibit 1.44 hereto.
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.
(b) To the best of Seller's Knowledge, as of the Closing Date, no Scheduled Employee intends (i) to terminate his or her employment with Seller (except in order to accept employment with Buyer) or (ii) not to accept employment with Buyer.
(c) Except as described in the Scheduled Employees Schedule attached hereto, the consummation of the transactions contemplated in this Agreement will not (i) entitle any employee of Seller to severance pay or termination benefits for which Buyer may be liable, (ii) accelerate the time of payment or vesting, or increase the amount of compensation due to any such employee (or any former employee of Seller) for which Buyer or any of its Affiliates may be liable or (iii) obligate Buyer or any of its Affiliates to pay or otherwise be liable for any compensation, vacation days, pension contribution or other benefits to any employee, consultant or agent of Seller for periods before the Closing Date or for personnel whom Buyer or any of its Affiliates does not actually employ.
(d) The Scheduled Employees Schedule attached hereto includes, for each employee listed thereon, that employee's original date of hire with Seller and current rate of base compensation.
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:
(1) for Scheduled Employees located in the Netherlands, on February 1, 2014;
(2) for Scheduled Employees located in the United States and Canada, on March 1, 2014; and
(3) for Scheduled Employees located in the Subsequent Closing Jurisdictions, on the applicable Subsequent Closing Date for each such jurisdiction. The date on which a particular Scheduled Employee transfers in TUPE countries or commences employment in Non-TUPE countries, respectively, in accordance with (1), (2) or (3) above is referred to as the “Employment Commencement Date” for such Scheduled Employee. Seller and Buyer shall immediately notify each other of any objection to the transfer of employment, or local equivalent, either may receive from any Scheduled Employee in TUPE countries.
Scheduled Employees. Scheduled Employees" shall mean those employees of the Target Company and the Related Entities whose names and employer as of the Closing Date are listed on Schedule 1.78.
