Examples of Canadian Business Employees in a sentence
Canadian Business Employees will be offered the opportunity to transfer the account balance of their select investments and self-directed investments in the RRSP component of the KCI Savings Plan to the Neenah Paper Canadian Savings Plan and with respect to any spousal or common-law partner RRSP accounts, their spouses or common-law partners shall be offered the same opportunity.
An overall tension of the entire process is the fact that there is no governing body for the overall process.
Employee Savings Plan (the “KCI Savings Plan”) for all Canadian Business Employees (the “Neenah Paper Canadian Savings Plan”).
The Canadian Business Employees shall, as of the Closing Date, cease to accrue further benefits under the Canada Benefit Plans (or the date such Inactive Business Employee becomes a Transferred Business Employee).
From and after the Closing Date, Buyer shall, or shall cause its Affiliates to, honor, pay, perform and satisfy any and all Liabilities, obligations and responsibilities to, or in respect of, any breach of Applicable Law (including the Transfer Regulations) by Buyer or any Affiliate arising on or after the Closing Date with respect to the Canadian Business Employees, the Irish Business Employees and Other Business Employees.
The Inactive Canadian Business Employees will be offered employment as set forth below.
Inducement and procurement of unpublished price sensitive information not in furtherance of one’s legitimate duties and discharge of obligations would be illegal under this provision.
Except as otherwise provided in this Agreement or as required by the terms of any Kxxxxxxx-Xxxxx Welfare Plan or by COBRA or any comparable state or provincial law, participation in the Kxxxxxxx-Xxxxx Welfare Plans by all Transferred Employees and all Canadian Business Employees who are not Transferred Employees will cease as of 11:59 p.m. on the Distribution Date (the “Cessation Time”).
The Canadian Business Employees who accept the Offer (the "Canadian Transferred Employees") shall be credited by TRM Canada in all respects for past service in respect of their employment with EFC as if such service had occurred with TRM Canada.
Buyer agrees that it shall permit the Canadian Business Employees who become Transferred Business Employees to participate in benefit plans sponsored by Buyer (such plans to be called the “Canada Replacement Plans”).