Acquired Company Employee definition

Acquired Company Employee means any current or former employee, director or independent contractor or director of any Acquired Company.

Acquired Company Employee means any individual who is employed by an Acquired Company immediately before the Closing, including any individual who is absent due to vacation, holiday, sickness or other approved leave of absence.

Acquired Company Employee means any individual who, as of the Closing Date, is an employee of the Acquired Company.

Examples of Acquired Company Employee in a sentence

• With respect to each Bank Channel Employee who becomes an Acquired Company Employee, Buyer shall be solely responsible for any severance or similar benefits that may be payable, if any, to such Acquired Company Employee in respect of his or her termination of employment following the Closing with Buyer and its Affiliates.

• Each of the Acquired Company Employee Plans has been operated and administered in all material respects in accordance with applicable Legal Requirements, including the applicable tax qualification requirements under the Code.

• No independent contractor is eligible to participate in any Acquired Company Employee Plan.

• Seller shall fully vest (to the extent not already fully vested) as of the Closing each Acquired Company Employee in his or her accrued benefits under each Seller Retirement Plan.

• As soon as practicable, but in any event within five (5) Business Days following the Closing Date, Seller shall provide Buyer with a list setting forth, with respect to each Acquired Company Employee (other than any Bank Channel Employee who becomes an Acquired Company Employee) the number of days of accrued but unused vacation as of the Closing Date.

More Definitions of Acquired Company Employee

Acquired Company Employee shall have the meaning set forth in Section 3.10(a).

Acquired Company Employee shall have the meaning set forth in Section 7.9(a).

Acquired Company Employee means each (i) employee of an Acquired Company on the Closing Date, whether or not such employee is actively at work on such day including any employees who are on military leave, disability, worker’s compensation or any other leave of absence, whether or not paid, and (ii) each Bank Channel Employee who actually becomes an employee of Buyer or an Acquired Company pursuant to Section 4.6(h).

Acquired Company Employee means any current or former director, officer, employee, independent contractor, consultant, or advisor of any of the Acquired Companies or any Affiliate of any of the Acquired Companies.

Acquired Company Employee means any individual who is employed by an Acquired Company immediately before the Closing, including any individual who absent due to vacation, holiday, sickness or other approved leave of absence.

Acquired Company Employee means any individual who is employed by an Acquired Company as of the Closing Date.

Acquired Company Employee means each (i) employee of an Acquired Company on the Closing Date, whether or not such employee is actively at work on such day including any employees who are on military leave, disability, worker's compensation or any other leave of absence, whether or not paid, and (ii) each Bank Channel Employee who actually becomes an employee of Buyer or an Acquired Company pursuant to Section 4.6(h).