Acquired Employees definition

Acquired Employees means Employees who become Employees as a result of a transaction under Code Section 410(b)(6)(C). Such Employees will be excluded during the period beginning on the date of the transaction and ending on the last day of the first Plan Year beginning after the date of the transaction. A transaction under Code Section 410(b)(6)(C) is an asset or stock acquisition, merger or similar transaction involving a change in the employer of the Employees of a trade or business.

Acquired Employees has the meaning set forth in Section 7.1(a).

Acquired Employees has the meaning set forth in the Section 5.05.

Examples of Acquired Employees in a sentence

• You are permitted to exclude those Employees that are classified as Acquired Employees due to an acquisition or similar transaction described in the Code (during a transition period).

• Acquired Employees An empirical regularity in the small literature on the effects of merger on workers is that those from the acquirer fare better than those from the acquired firm (Brown & Medoff 1988; Margolis 2003).

• Acquired Employees as described in Section 3.02(C) of the Plan.Employees who have received less than $450 (indexed for cost-of-living increases in accordance with Code section 408(k)(8)) of Compensation from the Employer during the Plan Year as described in Section 3.02(D) of the Plan.

• The PKI Germany Acquired Employees who do not object to the transfer in due time and form are referred to as “Transferred German Employees”.

• Acquired Employees Become Existing Employees Regardless of whether you choose Option A or B, if you are a federal contractor with the Federal Acquisition Regulation (FAR) E-Verify clause and the merger or acquisition took place prior to the federal contract award date, your acquired employees are considered existing employees.

More Definitions of Acquired Employees

Acquired Employees means all those individuals who are employees of the Division or the Division Subsidiaries and who accept Buyer’s offer of employment, effective as of the Closing Date.

Acquired Employees means those employees or independent contractors of the Company and its Subsidiaries immediately prior to the Effective Time who are identified as such in Section 3.17(a) of the Company Disclosure Schedule.

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

Acquired Employees means those individuals who are employed by the Company immediately prior to the Closing Date.

Acquired Employees has the meaning set forth in Section 9.2(a).

Acquired Employees has the meaning set forth in Section 4.15(a) of this Agreement.

Acquired Employees or "Acquired Employee" shall have the meaning given such term in Section 6.10.