Acquired Store Employees definition

Acquired Store Employees means, collectively, each individual who is employed by the Sellers (a) at Closing Date Acquired Stores or Closing Date Business Properties (each such person, a “Closing Date Acquired Store Employee”), or (b) at Stores or Business Properties subject to Real Property Leases that are assumed and assigned to Buyer after the Closing Date in connection with the exercise of the Designation Rights (each such person, a “Subsequent Acquired Store Employee”).
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Acquired Store Employees has the meaning set forth in Section 4.10(a).
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Acquired Store Employees has the meaning specified in Section 6.4.1.
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Examples of Acquired Store Employees in a sentence

  • With respect to Acquired Store Employees who are not designated as Acquired Employees, Purchaser shall make a one-time cash payment to each such Acquired Store Employee in the amount of any severance obligations and accrued vacation payments owed by the Company to such Acquired Store Employee.

  • Seller Schedule 4.12 sets forth, for each of the Acquired Store Employees and the Other Store Employees, the current position, length of service, full time or part time status, country of employment and rate of pay for such employee.

Related to Acquired Store Employees

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

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

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

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

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

  • Hired Employees shall have the meaning set forth in Section 7.5(a).

  • Former Employees means Former Parent Group Employees and Former SpinCo Group Employees.

  • 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.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Other Employees means, all the employees other than the Directors, KMPs and the Senior Management Personnel.

  • Excluded Employees has the meaning set forth in Section 14.1.

  • Transferred Employee has the meaning set forth in Section 6.01(a).

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

  • Transferring Employees means employees of the Incumbent Contractor who are wholly or mainly assigned to work in the provision of the Service and who are subject of a Relevant Transfer to the Contractor by virtue of the application of the TUPE Regulations.

  • Designated Employees means a person occupying any of the following position in the Company:

  • Union Employees has the meaning set forth in Section 6.12(a).

  • Current Employees has the meaning set forth in Section 5.6(a).

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

  • Acquired Entities means the Company and each of its Subsidiaries, collectively.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Transferring Supplier Employees means those employees of the Supplier and/or the Supplier’s Sub-Contractors to whom the Employment Regulations will apply on the Service Transfer Date.

  • Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.

  • Part-Time Employees means employees employed on a permanent basis, but obligated to work less than a full (i.e., forty-hour) work week.

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).