Acquired Employee definition

Acquired Employee means any employee of a Miraclon Entity or Transferred Subsidiary.

Acquired Employee shall have the meaning set forth in Section 4.03(c).

Acquired Employee means an employee who was employed in the acquired business.

Examples of Acquired Employee in a sentence

• Buyer shall credit the service of each Acquired Employee with Knight Ridder or its affiliates, including the Acquired Companies and their Subsidiaries, for purposes of eligibility and vesting under Buyer’s savings plan(s).

• Buyer shall take all steps necessary to permit each such Acquired Employee who has received an eligible rollover distribution (as defined in Section 402(c)(4) of the Code) from Seller’s Savings Plans to roll over such eligible rollover distribution, including any associated loans, as part of any lump sum cash distribution into an account(s) under a 401(k) savings plan maintained by Buyer or an Acquired Company.

• An Acquired Employee whose employment is terminated ceases immediately to be an “Acquired Employee” for purposes of this Agreement.

• No Acquired Employee shall be simultaneously covered under similar employee benefit plans of Parent or the Surviving Corporation and of the Company.

• Any unvested Acquired Employee Options will be forfeited in their entirety upon the termination of your employment for any reason, including your resignation, except as otherwise provided in the applicable award agreement.

More Definitions of Acquired Employee

Acquired Employee means a person who is employed by an Acquired Company at the time when such company becomes an Acquired Company and who becomes an employee of the Bank immediately thereafter. An Acquired Employee whose employment by the Bank terminates for any reason and who is subsequently re-employed by the Bank shall not be considered an Acquired Employee following such re-employment.

Acquired Employee means any employee of an Acquired Company who is classified as an Employee.

Acquired Employee means an individual who is employed (within the meaning of Section 3401 of the Code and the regulations thereunder) by an Acquired Company.

Acquired Employee means any active employee of the Target or any of its Subsidiaries on the Closing Date, plus any employee of the Target or any of its Subsidiaries who is on leave of absence, paid or unpaid, or who is otherwise absent from active employment for any other reason and whose employer-employee relationship with the Target or such Subsidiary has not been terminated by the Target prior to the Closing Date.

Acquired Employee means any of them;

Acquired Employee has the meaning given in clause 14.3.

Acquired Employee means a person who, on the day immediately before becoming an Employee, was employed by a Former Employer.