Accepting Employee definition

Accepting Employee means each of the Retained Employees of Shoreline who has accepted Klondex's offer of employment.

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Accepting Employee shall have the meaning set forth in Section 4.1 (a) and (b).

Accepting Employee has the meaning specified in Section [Redacted].

Examples of Accepting Employee in a sentence

• Buyer shall be responsible for any workers’ compensation claims with respect to any Accepting Employee if the incident or alleged incident giving rise to the claim occurs after the Effective Time.

• Seller shall, at least ten (10) days prior to Closing, provide Buyer with employment data, including, but not limited to, the name, title, employment history (including years of service), and current salary, exempt or non-exempt status, and the job grade of each Accepting Employee.

• Seller shall be responsible for workers’ compensation claims with respect to any Accepting Employee or Consultant if the incident or alleged incident giving rise to the claim occurred at or prior to the Effective Time.

• Without limiting the generality of the foregoing, for at least one (1) year following the Closing Date, each Accepting Employee who remains employed by Buyer or any Affiliate shall be provided with a wage rate or base salary that is at least equal to the wage rate or base salary of the Accepting Employee immediately prior to the Closing Date.

• Each Retained Employee shall remain an employee of the Company on the Closing Date, and each Accepting Employee shall become an employee of the Company or a subsidiary of Purchaser on the Closing Date.

More Definitions of Accepting Employee

Accepting Employee means all Transferred Regular Employees accepting the offer of Buyer to change their contracts of employment after the Closing.

Accepting Employee has the meaning ascribed to that term in Clause 8.2(b)(ii).

Accepting Employee has the meaning set forth in Section 2.5. ------------------

Accepting Employee has the meaning set forth in Section 8.6(e).

Accepting Employee means a Transitioning Employee who accepts an offer of employment made by the Seller pursuant to clause 9.1 on or before the date required pursuant to clause 9.2(d) or such other date as the Parties agree in writing.

Accepting Employee has the meaning set forth in Section 3.02(a)(vii). “Accounts Receivable” has the meaning set forth in Section 2.01(b). “Acquisition Proposal” has the meaning set forth in Section 6.15. “Action” means any claim, action, cause of action, demand, lawsuit, arbitration, inquiry, audit, notice of violation, proceeding, litigation, citation, summons, subpoena or investigation of any nature, that is civil, criminal, administrative, regulatory or otherwise, whether at law or in equity by or before any Governmental Authority. “Affiliate” of a Person means any other Person that directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with, such Person. The term “control” (including the terms “controlled by” and “under common control with”) means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of twenty-five percent (25%) or more of the voting securities, by contract or otherwise. “Agreement” has the meaning set forth in the preamble. “Allocation Schedule” has the meaning set forth in Section 2.07. “Ancillary Documents” means the Assignment and Assumption Agreement, Intellectual Property Assignments, the Master Subscription Agreement, the Debt Refinancing Escrow Agreement and the other agreements, instruments and documents required to be delivered at the Closing. “Assigned Contracts” has the meaning set forth in Section 2.01(c). “Assignment and Assumption Agreement” has the meaning set forth in Section 3.02(a)(i). “Assumed Liabilities” has the meaning set forth in Section 2.03.

Accepting Employee means any Employee (as defined in Section 7.17) who accepts the offer of employment extended by Asset Acquiror or Lafarge Canada, as the case may be, under Section 7.17(a) or who otherwise becomes employed by Asset Acquiror or Lafarge Canada on the Closing Date in accordance with Section 7.17(a).