Choice Employee definition

Choice Employee means an employee of the Seller or its Subsidiaries (i) who does not satisfy the Service Condition and (ii) whom Buyer and Seller mutually agree to treat as a Business Employee.
Sample 1Sample 2Sample 3
Choice Employee any individual who is an Employee of Choice or any Choice Subsidiary on the Distribution Date; or
Sample 1Sample 2Sample 3
Choice Employee means an In-Scope Employee who is identified as a Choice Employee on Section 6.01 of the Parent Disclosure Letter, as it may be updated from time to time, or who is designated as a Choice Employee pursuant to Section 5.01(b)(xiv)(B).
Sample 1Sample 2

Examples of Choice Employee in a sentence

  • As a condition to Employee receiving the Severance Benefits from Choice, Employee agrees to permit verification of Employee’s employment records and Federal income tax returns by an independent attorney or accountant, selected by Choice but reasonably acceptable to Employee, who agrees to preserve the confidentiality of the information disclosed by Employee except to the extent required to permit Choice to verify the amounts received by Employee from other active employment.

  • Issuance of a Conversion Award shall be conditioned upon the execution of an appropriate release by the Choice Employee to whom the Conversion Award is conveyed, which release shall acknowledge that such Choice Employee's options to purchase Manor Care Common Stock are cancelled in consideration of receipt of the Conversion Award.

  • Subject to the provisions of Section 2.04(f)(v) and (vi), below, on the Distribution Date, each grantee of a nonqualified award of a Manor Care Stock Option who is a Choice Employee shall receive for each such award a Conversion Award, consisting of an option to purchase shares of Choice Common Stock equal in number to the number of shares covered by the Manor Care Stock Option, adjusted, however, pursuant to Section 2.04(f)(iv) below.

  • In connection with the Distribution and for purposes of determining Service Credits (but excluding accrual of benefits other than vacation leave and sick leave) under any Plans, Manor Care shall credit each Retained Employee and Choice shall credit each Choice Employee with such Employee's original hire date as reflected in the Manor Care payroll system records as of the Cutoff Date.

  • On the Distribution Date, each grantee of a Manor Care Stock Option awarded as an incentive stock option who is a Choice Employee shall automatically receive in its place a Conversion Award of an option to purchase shares of Choice Common Stock equal in number to the number of shares covered by the Manor Care Stock Option, adjusted, however, pursuant to Section 2.04(f)(iv) below.

  • As of the Closing, each employee of a Group Company other than a Choice Employee will satisfy the Service Condition.

  • On the Distribution Date, each grantee of a Sunburst Stock Option awarded as an incentive stock option who is a Choice Employee shall automatically receive in its place a Conversion Award of an option to purchase shares of Choice Common Stock equal in number to the number of shares covered by the Sunburst Stock Option, adjusted, however, pursuant to Section 2.04(e)(iv) below.

  • The District shall provide the First Choice Employee Assistance Program.

  • In --------------- --------------------------- connection with the Distribution and for purposes of determining Service Credits (but excluding accrual of benefits other than vacation leave and sick leave) under any Plans, Sunburst shall credit each Retained Employee and Choice shall credit each Choice Employee with such Employee's original hire date as reflected in the Sunburst payroll system records as of the Cut-off Date (including, if applicable, the original hire date with Manor Care).

  • Any Choice Employee (or ---------------------------- dependent thereof) who becomes a Qualified Beneficiary on or after the Distribution Date but before January 1, 1998 under any Sunburst Welfare Plan; or any individual (or dependent thereof) who, on or before the Cut-off Date, was a Qualified Beneficiary under any Sunburst Welfare Plan and who became a Choice Employee after the Distribution Date.

Related to Choice Employee

  • Service employee, means any person engaged in the performance of this contract other than any person employed in a bona fide executive, administrative, or professional capacity, as these terms are defined in Part 541 of Title 29, Code of Federal Regulations, as revised. It includes all such persons regardless of any contractual relationship that may be alleged to exist between a Contractor or subcontractor and such persons.

  • Non-Key Employee means any Employee who is not a Key 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).

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Male employee means an employed male who is caring for a child borne of his spouse or a child placed with the employee for adoption purposes.

  • Bona fide employee means a person, employed by a bidder and subject to the bidder's supervision and control as to time, place, and manner of performance, who neither exerts, nor proposes to exert improper influence to solicit or obtain contracts nor holds out as being able to obtain any contract(s) through improper influence.

  • Prospective employee means any individual who has committed to become an employee of the Company within sixty (60) days from the date an Award is granted to such individual.

  • Active Employment means you must be actively at work for the Sponsor:

  • Designated Employee means an employee who has been designated by the school to receive complaints of hazing, harassment and bullying pursuant to subdivision 16 V.S.A. 570a(a)(7). The designated employees for each school building are identified in Appendix A of this policy.

  • Non-Employee means a consultant, adviser, service provider, Controlling Shareholder or any other person who is not an Employee.

  • Comparable Employee means as defined in Regulation 5(4) of the AWR being an employee of the Hirer who:

  • Inactive Employee means an employee who is not actively at work due to approved leave of absence, short-term disability leave or military leave.

  • Part-time employee means an employee who is normally required to work less than the basic hours of work.

  • Tipped employee means any employee engaged in an occupation in which s/he customarily and regularly receives more than $30 per month in tips. Tips include amounts designated as a tip by credit card customers on their charge slips. Nothing in this rule prevents an employer from requiring employees to share or allocate such tips or gratuities on a pre-established basis among other employees who customarily and regularly receive tips. Employer-required sharing of tips with employees who do not customarily and regularly receive tips, such as management or food preparers, or deduction of credit card processing fees from tipped employees, shall nullify allowable tip credits towards the minimum wage.

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Female employee means an employed female who is pregnant or is caring for a child she has borne or a child who has been placed with her for adoption purposes.

  • Probationary Employee means a person who is employed but who has worked less than the prescribed probationary period.

  • Contract employee means an employee performing services under a PEO services contract or temporary help services contract.

  • Ongoing employee means an employee who has been employed for at least one complete standard measurement period.

  • Public employee means an individual holding a position by appointment or employment in the government of this state, in the government of 1 or more of the political subdivisions of this state, in the public school service, in a public or special district, in the service of an authority, commission, or board, or in any other branch of the public service, subject to the following exceptions:

  • State employee means state employee as defined in § 51.1-124.3, employee as defined in

  • 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 an employee of a Subsidiary of the Company, if any.

  • Management Employee means an employee having responsibility for formulating, administering or managing the implementation of District policies and programs.