Examples of Acquired Business Employee in a sentence
No Employer Entity has misclassified an Acquired Business Employee as a non-employee with respect to Tax withholding or provision of benefits.
There are, and as of the Closing Date there will be, no compensation, benefit, fringe benefit and other plans, programs, arrangements or agreements (i) to which any Employer Entity is a party or (ii) that are maintained, contributed to or sponsored by any Employer Entity for the benefit of any current or former Acquired Business Employee (the “Plans”).
Each such employee who accepts such employment as of the Closing shall be referred to herein as a "Transferred Employee." MPAN, MHG, and Sellers shall not, directly or indirectly, from the date hereof solicit or induce any Acquired Business Employee (other than the Excluded Employees) to not accept or to terminate employment with Purchaser.
Seller makes no representation or warranty and provides no assurance that any Acquired Business Employee will remain employed by Seller until the Effective Time (or, in the event of an Escrowed Closing, the Closing Escrow Termination Date) or that any such person will accept an offer of employment from Purchaser.
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Such former Alert Global Media Plan Participant shall be an Eligible Employee for purposes of receiving contributions under Article 3 and an Acquired Business Employee (within the meaning of Section 6.04(c)(ii)), subject to all other applicable Plan provisions.
To the knowledge of the Company, (i) no Acquired Business Employee or Acquired Business Contractor intends to terminate his or her employment or service with the applicable member of the Company Group and (ii) no such Acquired Business Employee or Acquired Business Contractor has received an offer to join a business that may be competitive with the Acquired Business.
Effective immediately prior to the Distribution Time, each Acquired Business Employee with any SpinCo Entity shall be offered employment by mGage, LLC, a Delaware limited liability company and an Acquired Entity (“mGage”), and each Acquired Business Employee who accepts such offer shall become an employee of mGage effective immediately prior to, and contingent upon, the Distribution Time.
To the Knowledge of the Company, no Acquired Business Employee is a party to, or is otherwise bound by, any agreement or arrangement, including any confidentiality or non-competition agreement, that in any way adversely affects or restricts the performance of such Acquired Business Employee’s duties.
Principal Seller shall, promptly following the date of this Agreement, provide to Purchaser a list setting forth, with respect to each Acquired Business Employee, such employee's (i) name, (ii) title, (iii) date of hire, (iv) bonus for the four fiscal quarters immediately preceding the date of this Agreement for which bonuses have paid and (v) estimated bonus for the four fiscal quarters immediately preceding the date of this Agreement, in each case as of the date of this Agreement.