Arch Employee definition

Arch Employee means an employee of Arch.
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Arch Employee any individual who is, as of the Distribution Date, ------------- identified on the records of Arch as being, an Employee of any member of the Arch Group (including an individual who is receiving long-term disability benefits on the Distribution Date and whose most recent active employment was with any member of the Pre-Distribution Group in the Arch Business). If such an individual has received notice of layoff or termination from Olin or any of its Affiliates prior to the Distribution Date, he or she shall not be considered to be an Arch Employee on the Distribution Date if he or she is listed on Schedule A hereto. Individuals who are leased to Arch by Olin as of the Distribution Date are not considered Arch Employees.
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Arch Employee any individual who is, as of the Distribution Date, ------------- identified on the records of Arch as being, an Employee of any member of the Arch Group (including an individual who is receiving long-term disability benefits on the Distribution Date and whose most recent active employment was with any member of the Pre-Distribution Group in the Arch Business). If such an individual has received notice of layoff or termination from Olin or any of its Affiliates prior to the Distribution Date, he or she shall not be considered to be an Arch Employee on the Distribution Date except for those individuals listed on Schedule A hereto.
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Examples of Arch Employee in a sentence

  • Arch hereby agrees to assume, and shall indemnify and hold Olin harmless from and against, all claims brought against any member of the ▇▇▇▇ Group under Olin's retiree medical benefit plans by any Arch Employee or Subsequent Arch Employee who retires after the Distribution Date.

  • Olin shall take all actions necessary or appropriate to provide that each individual who is expected to become an Arch Employee who has "Olin Performance Unit Plan" retention units shall have the payment of such units accelerated and paid out prior to the Distribution Date in Olin Common Stock.

  • If an Arch Employee is transferred to Olin or any of its Affiliates by the Arch Group on or prior to January 31, 2000, Olin shall be responsible for such individual's retiree medical benefits.

  • As soon as practicable after the Distribution Date (or in the case of a Subsequent Arch Employee, the date of transfer), Olin shall transfer to Arch an amount equal to the monies deducted from the compensation of such individuals during the calendar year in which the Distribution Date occurs reduced by the amount of benefits paid under such plan during such year.

Related to Arch Employee

  • Active Employee means a contributing member of the TRS who is employed by a public school and is not entitled to coverage under a plan provided under Insurance Code Chapter 1551 (Texas Em- ployees Group Benefits Act) or 1601 (State University Employees Uniform Insurance Benefits Act).

  • U.S. Employee means a person who is an employee of the Company (or of any Subsidiary) for purposes of section 422 of the Code.

  • Tipped employee means any employee engaged in an occupation in which he or she customarily and regularly receives more than thirty dollars ($30) per month in tips; and

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.

  • Company Employee means an employee of the Company or any of its Subsidiaries.