Business Employee definition

Business Employee means any Person who is a present or former employee of Seller at any time prior to or on the Closing Date, and who provided or previously provided any services relating to the Business.

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Business Employee means each employee of any Seller whose primary responsibility is to provide services Related to the Business.

Business Employee has the meaning set forth in Section 4.8(a).

Examples of Business Employee in a sentence

• During the calendar year in which the Closing Date occurs, the Seller and the Buyer shall reasonably cooperate with respect to the Seller’s administration of the DC Plan for Continuing Business Employee participants.

• There are, and since the Lookback Date there have been, no lockouts, strikes, slowdowns, work stoppages, picketing, hand billing, unfair labor practice charges, material grievances or arbitrations or other material labor disputes pending or threatened with respect to the Business or any Business Employee.

• None of the TFX Entities or Transferred Subsidiaries has any current or contingent make whole, reimbursement, indemnity or “gross-up” obligation to any Business Employee or Former Business Employee for any Taxes imposed under Section 409A or Section 4999 of the Code (or any corresponding provision of state or local Tax law).

• From after the Closing Date, the Buyer shall reimburse the Seller for any Business Employee Liabilities that are paid by a TFX Entity (including, for the avoidance of doubt, the employer portion of any payroll or other employment Taxes with respect to such Business Employee Liabilities), promptly upon the Seller notifying the Buyer of the reimbursement amount.

• Buyer and its Affiliates shall be solely responsible for any severance, termination indemnity, redundancy or other Liabilities in respect of any Business Employee who does not become an employee of Buyer or its Affiliates because such Business Employee does not receive an offer of employment pursuant to this Article 9, or such Business Employee rejects or does not accept an offer of employment that does not comply with this Article 9.

More Definitions of Business Employee

Business Employee means any current or former officer, director, employee, leased employee, consultant or agent (or their respective beneficiaries) of the Companies or of any ERISA Affiliate.

Business Employee means any employee of the Company.

Business Employee means any employee of Seller or any of its Subsidiaries or Affiliates who is employed primarily in connection with the Business, (i) including, for the avoidance of doubt, the individuals named in Section 1.01(a)(i) of the Disclosure Schedule, but (ii) excluding the individuals named in Section 1.01(a)(ii) of the Disclosure Schedule, and such employees of the Retained Businesses as Seller and Buyer may agree to treat as Business Employees prior to the Closing.

Business Employee means an employee of Seller who is employed as of the Effective Time and whose work responsibilities relate principally to the Business, as set forth on Schedule 7.9(a).

Business Employee means each Person who is an employee or independent contractor of a Target or any of its Affiliates whose duties relate primarily to the Business, including any such Person who is absent from employment or service due to illness, vacation, military service or other authorized absence.

Business Employee means any employee of either Seller or any of its Affiliates who is listed on Schedule 4.14.

Business Employee means the employees of Seller Parties who are principally engaged in performing services for the Business.