Accepting Employees definition

Accepting Employees means those employees of Seller or any of its Affiliates to be identified in accordance with Schedule 5.11 (whose contracts of employment transfer to Buyer, a Buyer Affiliate or Buyer Supplier on the Closing Date whether pursuant to the Transfer Regulations, on acceptance of Buyer’s offer of employment, by Employer Substitution or otherwise).

Accepting Employees shall have the meaning specified in Section 9.3(d).

Accepting Employees means Accepting US Employees and Accepting Foreign Employees.

Examples of Accepting Employees in a sentence

• The Employee Group Escrow Agreement shall provide instructions for the distribution of funds Seller owes to Accepting Employees and Consultants.

• Upon reasonable notice a Party will provide, or cause to be provided, such information and assistance to the other Party as may reasonably be requested by that Party in connection with any employment-related litigation, claim, grievance, arbitration, discovery, or other proceeding with respect to Accepting Employees, to which Buyer or Seller or any of their Affiliates is or may become a party.

• Notwithstanding the foregoing, nothing in this Agreement shall obligate Buyer or its affiliates to maintain any benefit plan, and to the extent permitted by law, Buyer and its affiliates shall have the ability to revise, modify, amend or terminate any benefit plan, policy or practice in its sole discretion at any times; provided, however, that any such revisions, modification, amendment, termination or failure to maintain shall not discriminate against any Accepting Employees.

• Seller has timely paid and discharged all salaries, wages, benefits, and obligations to Accepting Employees and Consultants and there are no Compensation Claims as defined in Section 4.5, except as set forth on Schedule 5.19.

• Subject to the accuracy of the representations of Seller contained herein, Purchaser hereby agrees to indemnify Seller, its agents, officers, directors, employees and subsidiaries against any liabilities, costs or expenses including reasonable attorney's fees) resulting from claims made by any Accepting Employees relating to acts and omissions of Purchaser with respect to the employment of such Accepting Employees by Purchaser after the Closing Date.

More Definitions of Accepting Employees

Accepting Employees a Selected Employee who accepts Purchaser's offer of employment with the Company or a subsidiary of Purchaser as of the Closing Date and who does not rescind that acceptance prior to the Closing Date.

Accepting Employees shall have the meaning set forth in Section 2.8(a) hereto.

Accepting Employees means those Employees who accept Veritek’s offer of employment as contemplated by Section 3.1(a) and who commence employment with Veritek as of the Closing Date.

Accepting Employees means all Designated Employees who do not become Transferred Employees;

Accepting Employees has the meaning set forth in Section 10.1(c).

Accepting Employees shall have the meaning set forth in Section 6.6.

Accepting Employees means those Employees who accept employment with Gas Corp.