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Adient Group Employees definition

Adient Group Employees has the meaning set forth in the Employee Matters Agreement.
Sample 1Sample 2Sample 3
Adient Group Employees has the meaning set forth in the Employee Matters Agreement. “Adient Group Relief” means, without duplication, (i) any Relief of any member of the Adient Group as of immediately after the Distribution and (ii) any Relief generated by, or attributable or arising to, any member of the Adient Group in a Post-Distribution Period. “Adient Return” has the meaning set forth in Section 3.02.
Sample 1

Examples of Adient Group Employees in a sentence

  • Unless otherwise agreed by the Parties, Adient Group Employees and Former Adient Group Employees who are Non-U.S. Employees or who otherwise are subject to non-U.S. Law and their related benefits and Liabilities shall be treated in the same manner as the Adient Group Employees and Former Adient Group Employees, respectively, who are U.S. Employees and who are not subject to non-U.S. Law.

  • From and after the Effective Time, Adient Group Employees shall cease to have Savings Supplemental Accounts in the Xxxxxxx Controls Retirement Restoration Plan.

  • Without limiting the generality of the foregoing, Adient Group Employees shall cease to be participants in the Xxxxxxx Controls U.S. Savings Plan effective as of the Effective Time (or, if earlier, the date on which the Adient U.S. Savings Plan is established).

  • Following the Effective Time, Xxxxxxx Controls shall be responsible for all income tax reporting in respect of Adjusted Xxxxxxx Controls Awards held by Xxxxxxx Controls Group Employees and Former Employees, and Adient shall be responsible for all income tax reporting in respect of Adjusted Xxxxxxx Controls Awards and Adient Awards held by Adient Group Employees.

  • No later than the Effective Time, Xxxxxxx Controls shall cause the trustee of the Xxxxxxx Controls U.S. Savings Plan to transfer from Xxxxxxx Controls U.S. Savings Plan Trust to the Adient U.S. Savings Plan Trust the account balances of the Adient Group Employees under the Xxxxxxx Controls U.S. Savings Plan, determined as of the date of the transfer.

  • Xxxxxxx Controls shall have the authority to adjust the treatment described in this Agreement with respect to Adient Group Employees or Former Adient Group Employees who are located outside of the United States in order to ensure compliance with the applicable laws or regulations of countries outside of the United States or to preserve the tax benefits provided under local tax law or regulation before the Distribution.

  • Effective as of the Effective Time, the Liability in respect of bonus awards allocable to Adient Group Employees and Former Adient Group Employees under the Xxxxxxx Controls Short-Term Incentive Plans in respect of the 2016 fiscal year shall be assumed by the Adient Group based on the accrual for such Employees as of immediately prior to the Effective Time.

  • Xxxxxxx Controls shall retain all Liabilities under the Xxxxxxx Controls Retirement Restoration Plan for the Savings Supplemental Accounts of Xxxxxxx Controls Group Employees and Former Employees and for Liabilities under the Xxxxxxx Controls Retirement Restoration Plan for Savings Supplemental Accounts of Adient Group Employees that relate to deferrals prior to or as of the closing of the Merger.

  • From and after the Effective Time, (i) the Xxxxxxx Controls U.S. Savings Plan shall continue to be responsible for Liabilities in respect of Xxxxxxx Controls Group Employees and Former Employees with accounts under such plans, and (ii) no Adient Group Employees shall accrue any benefits under the Xxxxxxx Controls U.S. Savings Plan.

  • The deferral elections in effect for the Adient Group Employees under the Xxxxxxx Controls Executive Deferred Compensation Plan as of the Effective Time shall continue to apply under the Adient Executive Deferred Compensation Plan immediately after the Effective Time without interruption through December 31, 2016.

Related to Adient Group Employees

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

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

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

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

  • Retained Employees has the meaning set forth in Section 8.1.

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

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • SpinCo Employee has the meaning set forth in the Employee Matters Agreement.

  • Relevant Employees means the employees who may be affected by a change referred to in subclause (1).

  • SpinCo shall have the meaning set forth in the Preamble.

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

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

  • RemainCo shall have the meaning set forth in the Preamble.

  • Excluded Employees has the meaning set forth in Section 2.5(a)(iv).

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

  • 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.

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

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

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

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

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

  • 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.

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

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

  • ITT has the meaning given to it in the recitals to this Framework Agreement;

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

Most Referenced Clauses

Most Referenced Definitions