Active Employees definition

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.
Active Employees has the meaning specified in Section 6.2(a).
Active Employees means all employees employed on the Closing Date by Seller for its business who are:

Examples of Active Employees in a sentence

  • Nothing in this Agreement shall be deemed to prevent or restrict in any way the right of Buyer to terminate, reassign, promote or demote any of the Hired Active Employees after the Closing or to change adversely or favorably the title, powers, duties, responsibilities, functions, locations, salaries, other compensation or terms or conditions of employment of such employees.

  • Buyer will set its own initial terms and conditions of employment for the Hired Active Employees and others it may hire, including work rules, benefits and salary and wage structure, all as permitted by law.

  • Buyer shall pay, perform or otherwise satisfy all Liabilities relating to Hired Active Employees' employment with Buyer arising on or after 8:00 a.m. (EST) on their first day of work for Buyer pursuant to the terms of their offer by ▇▇▇▇▇ and any related Assumed Liabilities.

  • All Hired Active Employees who are participants in Seller’s retirement plans shall retain their accrued benefits under ▇▇▇▇▇▇’s retirement plans as of the Buyer’s hiring date, and Seller (or Seller’s retirement plans) shall retain sole liability for the payment of such benefits as and when such Hired Active Employees become eligible therefor under such plans.

  • All Hired Active Employees shall become fully vested in their accrued benefits under ▇▇▇▇▇▇’s retirement plans as of the Closing Date, and Seller will so amend such plans if necessary to achieve this result.


More Definitions of Active Employees

Active Employees means all employees employed by the Company, 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.
Active Employees as defined in Section 10.1(a).
Active Employees has the meaning set forth in Section 8.1.
Active Employees shall include all full-time and part-time employees; casual employees; employees on workers' compensation, military leave, maternity leave, leave under the Family and Medical Leave Act of 1993, short-term disability (subject to Section 6.1(g)), or layoff with recall rights; and employees on other approved leaves of absence with a legal or contractual right to reinstatement.
Active Employees has the meaning set forth in Section 10.1(a).
Active Employees as defined in Section 5.1(a).
Active Employees shall have the meaning set forth in Section 8.21(a).