Common use of TRANSFER OF EMPLOYEES ON CHANGE OF EMPLOYER Clause in Contracts

TRANSFER OF EMPLOYEES ON CHANGE OF EMPLOYER. 1. In this Article transfer shall mean any sale, lease, transfer or any other transaction between the Company and any other entity, by virtue of which the control over any part of the Company’s business or assets becomes held by such other entity and the Company’s employees become employees of a new employer.

TRANSFER OF EMPLOYEES ON CHANGE OF EMPLOYER. 1. In this Article transfer shall mean any an y sale, lease, transfer or any other transaction between the Company and any other entity, by virtue of which the control over any part of the Company’s business bu siness or assets becomes held by such other entity and the Company’s employees become employees of a new employer.

TRANSFER OF EMPLOYEES ON CHANGE OF EMPLOYER. 1. In this Article transfer shall mean any sale, lease, transfer or any other transaction between the Company Employer and any other entity, by virtue of which the control over any part of the CompanyEmployer’s business or assets becomes held by such other entity and the CompanyEmployer’s employees become employees of a new employer.