Examples of Automatic Transfer Employees in a sentence
The accrued but unused vacation of Continuing Employees, Automatic Transfer Employees and Non-Automatic Transfer Employees shall continue or carry over to the Employee’s new employing entity, to the extent permitted by applicable Law.
Automatic Transfer Employees shall not be terminated upon the Transfer Date, but rather the rights, powers, duties, liabilities and obligations of JDSU or the relevant Subsidiary of JDSU to such Employees in respect of their relevant terms of employment in force immediately before the Transfer Date shall be transferred to Lumentum or one (1) of its Subsidiaries by operation of applicable Law.
The Buyer shall provide to the Seller Operators details of any measures it or any of its Related Persons proposes to take in respect of Automatic Transfer Employees (as the case may be) and shall co-operate (or shall procure that its Related Persons shall co-operate) with the relevant Seller Operator in respect of any required information and consultation in respect of any proposed measures.
Not later than ten (10) days following Purchaser’s receipt of such updated lists, Purchaser shall, or shall cause one of its Affiliates to, offer employment to each Business Employee listed on the then-current Section 1.01(a)(ii) of the Seller Disclosure Letter, with the exception of any Automatic Transfer Employees and any Employees who are employed by a Transferred Entity (the “Offer Employees”).
Immediately upon the Closing Date, all rights, powers and Liabilities of Seller and its Subsidiaries to, or in respect of, the Automatic Transfer Employees (including the rights, powers and Liabilities under, in connection with or arising from a Contract of employment or employment relationship between an Automatic Transfer Employee and Seller or a Subsidiary of Seller) in force immediately prior to the Closing Date shall be transferred to Buyer upon Closing in accordance with applicable Laws.