ASD Employee definition

ASD Employee means any individual who, as of the Effective Time, is either actively employed by or then on a leave of absence from ASD or an ASD Group member (including maternity, paternity, family, sick, short-term or long-term disability leave, qualified military service under the Uniformed Services Employment and Reemployment Rights Act of 1994, and leave under the Family Medical Leave Act and other approved leaves), but does not include any ASD Transferee or any WABCO Employee. Notwithstanding the foregoing, WABCO Employees who are on long term disability benefits at the Effective Time (“WABCO LTD Employees”) shall be considered ASD Employees unless and until either (a) their employment is terminated by ASD or (b) they return to work or are able to return to work, at which time they shall become WABCO Employees.
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ASD Employee shall have the meaning set forth in the Employee Matters Agreement.
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Examples of ASD Employee in a sentence

  • WABCO and ASD shall cooperate to establish a procedure whereby the other party shall be promptly informed of the obligation to deliver shares to a current or former WABCO Employee or an ASD Employee, as the case may be.

  • ASD shall take such action as is necessary or appropriate to cause WABCO Employees and ASD Transferees to receive a refund in cash of all amounts contributed during the offering period in progress under the ASD Employee Stock Purchase Plan as soon as practicable following the Effective Time.

  • From and after the Effective Time, no ASD Employee shall have any authority to access or control any WABCO Account, except as provided for through the Transition Services Agreement.

  • Additionally, protection of sensitive, proprietary and confidential information is addressed in the ASD Employee Handbook that each staff member signs and agrees to each year, as well as in our onboarding orientation.

  • ASD requires all employees to sign a Non-Disclosure Agreement which is included with the ASD Employee Agreement and Offer Letter.