Acquired Business Employees definition

Acquired Business Employees means (a) Group Company Business Employees, (b) Purchased Asset Business Employees, and (c) Other Acquired Business Employees.
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Acquired Business Employees shall have the meaning set forth in Section 5.7 hereof.
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Acquired Business Employees means (a) each employee of a Transferred Company as of the Closing Date, (b) each employee of the Seller or one of its Affiliates as of the Closing Date (other than a Transferred Company) whose employment as of the Closing Date primarily relates to the Acquired Businesses and (c) each employee of the Seller or one of its Affiliates who the Parties mutually determine in good faith following the date hereof and prior to the Closing shall be an “Acquired Business Employee”, including in all cases, each such employee who as of the Closing Date is on leave of absence (including medical leave, military leave, workers compensation leave and short-term or long-term disability) or vacation, and excluding any individual the Parties mutually determine in good faith following the date hereof and prior to the Closing shall not be an “Acquired Business Employee.” Notwithstanding the foregoing, Buyer may, at its election, exclude any employee described in clause (a) or clause (b) of the immediately preceding sentence whose current primary work location is in London, United Kingdom, Houston, Texas or Italy from being designated an “Acquired Business Employee.” References to the “Closing” and the “Closing Date” in this definition shall be deemed to be references to the applicable “Deferred Transfer” and the “Deferred Transfer Date”, respectively, as applicable, with respect to any Acquired Business Employee who is employed primarily in a Deferred Business.
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Examples of Acquired Business Employees in a sentence

  • Each Employee Benefit Plan that is sponsored, maintained or contributed to for the benefit of any Acquired Business Employees or individual workers or other service providers outside the United States or is subject to the Laws of any jurisdiction outside of the United States, is referred to herein as a “ Foreign Employee Benefit Plan”.

  • The Purchased Asset Employees and Other Acquired Business Employees represent all employees of the Sellers and their Affiliates who are primarily engaged in the Acquired Business and are not Group Company Business Employees.

  • A religious group may conduct worship services and rituals and teach religion to its members with proper notification to authorities.

  • The existing uses for the site include a community park, single family residences, open space, and the City’s wastewater treatment plan.


More Definitions of Acquired Business Employees

Acquired Business Employees means those persons who are employees of Seller engaged in the Acquired Business as of the applicable date, excluding the Excluded Employees. The Acquired Business Employees as of August 27, 1998 are identified in Schedule P.
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Acquired Business Employees means all employees of the SpinCo Entities who are dedicated to the Acquired Business (as scheduled on Schedule 1.1(a)).
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Acquired Business Employees has the meaning set forth in Section 2.19(a).
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Related to Acquired Business Employees

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Acquired Business means the entity or assets acquired by Borrower in an Acquisition, whether before or after the date of this Agreement.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • Hired Employees has the meaning set forth in Section 6.1(a).

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Active Employees means all employees employed on the Closing Date by Seller for its business who are employed exclusively in Seller’s business as currently conducted, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave, but excluding employees on long-term disability leave.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Target Group means the Target and its Subsidiaries.

  • Transferred Entities means the entities set forth on Schedule 1.9.

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Group Business Entity means;

  • Excluded Employees shall have the meaning set forth in Section 5.1.2.

  • Retained Businesses means all businesses now, previously or hereafter conducted by Parent, the Sellers or any of their Subsidiaries or Affiliates, other than the Business.

  • Current Employees has the meaning set forth in Section 6.4(a).

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each “employee benefit plan,” within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Acquired Entities means the Company and the Acquired Subsidiaries.

  • Target Companies means the Target and its Subsidiaries.

  • Former Employees means a former member of management of Icahn Enterprises (or any of its Subsidiaries (including any Guarantors)), other than the Principal, who voluntarily or upon any other termination is no longer employed by any of Icahn Enterprises or any of its Subsidiaries (including any Guarantors) and who holds Equity Interests that are required to be redeemed or purchased pursuant to any contractual requirements upon such termination of employment.

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of Spinco immediately following the Contribution.

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Covered Business means (A) during the term, any business in which the Company is engaged and (B) after the Term, any business in which the Company was engaged as of the end of the Term.