Closing Employees definition

Closing Employees means an employee of the Company or any of its Subsidiaries who shall have: (a) remained employed by the Company or a Subsidiary of the Company through and including the Closing Date; and (b) either (i) if resident within the United States, entered into, and not revoked, “at- will” employment arrangements with Parent pursuant to their execution of an Offer Letter, as well as intellectual property, confidentiality, non-solicitation and non-competition agreement in a form acceptable to Parent prior to Closing Date and agreed to be employees of Parent, a Subsidiary of Parent or the Surviving Corporation after the Closing Date, or (ii) if resident outside of the United States, agreed to be employees of Parent, a Subsidiary of Parent or the Surviving Corporation after the Closing Date.

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Closing Employees means those employees whose employment is terminated in connection with the Effective Date (e.g., on the Effective Date or immediately following such date). 2. “Designated MT Members” means those members of the Jounce management team whose employment is terminated by Jounce without cause following the date hereof and prior to the Effective Date. 3. “Designated Terminated Employees” means those employees whose employment is terminated by Jounce without cause prior to the Effective Date, provided that Designated Terminated Employees shall not include Designated MT Members.

Closing Employees means the Transfer Employees, the Offer Employees and the Group Company Employees, and “Closing Employee” means any one of them;

Examples of Closing Employees in a sentence

Buyer shall offer employment to all of the current employees of the Business, as Parties shall agree on employee list prior to Closing ("Employees") and Buyer will assume all liability for such Employees including any termination liability that would otherwise be Seller's liability due to the fact such Employee did not accept employment with Buyer or otherwise, including, but not limited to, any fees or charges related to any Employee's immigration status.
Within thirty (30) days after the Closing Date, Seller will provide to Buyer a list of the annual vacation entitlement for the Post- Closing Employees.
Employee shall be entitled to participate in the insurance, vacation, sick leave and other fringe benefits made available generally to employees of Employer, as such benefits may be determined from time to time by Employer's Board of Directors; provided, however that during the first year after Closing Employee's benefits will be governed by Employer's standard policy subject to any required adjustments to benefits as set forth in the integration plan approved by both parties.
Buyer shall offer to employ, effective as of the Closing Date, those persons who were the employees of the Seller immediately prior to the Closing ("Employees") and shall continue to employ such Employees (to the extent that they accept such offer of employment) for so long as Buyer deems appropriate in the operation of the Hospital's business.
With respect to Welfare Benefits provided through insurance programs, for purposes of the preceding sentence, Transferor's actual cost for providing such Welfare Benefits shall mean the sum of employer and employee premium contributions which are made on behalf of Post- Closing Employees to the plans providing such Welfare Benefits, which shall not exceed the rate of such contributions made on behalf of comparable employees of Transferor.
Such offers of employment shall be scheduled to become effective as of the first full day commencing after the Effective Time for Closing Employees other than Closing Employees then on disability or sick leave identified on Schedule 5.12(a), whose offers of employment shall be effective upon such ---------------- Closing Employees' return to active employment.
Seller and Buyer shall coordinate the transition of the employment of those Closing Employees who are on vacation as of the Effective Time.
Effective as of the Final Closing Date, Buyer shall establish such employee benefit plans which are required for Final Closing Employees under the terms of any collective bargaining agreement.
Schedule 3.1(o)-1 sets --------------------------- forth the total compensation (including, but not limited to, salary, bonus and otherwise) being paid by, or on behalf of, the Acquired Companies (or to whom the Acquired Companies have agreed or are obligated to pay) to each officer, director and employee of the Acquired Companies other than those persons set forth on Schedule 4.6 whose resignations are required to be tendered in connection with the Closing ("Employees").
In such event Seller will provide Purchaser with any information not available to Purchaser relating to periods ending on the Closing Date necessary for Purchaser to prepare and distribute Forms W-2 to Closing Employees for the year ending December 31, 2000, which Forms W-2 will include all remuneration earned by Closing Employees from both Seller and Purchaser during the year ending December 31, 2000, and Purchaser will prepare and distribute such Forms.

More Definitions of Closing Employees

Closing Employees means an employee of the Company or any of its Subsidiaries who shall have: (a) remained employed by the Company or a Subsidiary of the Company through and including the Closing Date; and (b) either (i) if resident within the United States, entered into, and not revoked, “at-will” employment arrangements with Parent pursuant to their execution of an Offer Letter, as well as intellectual property, confidentiality, non-solicitation and non-competition agreement in a form acceptable to Parent prior to Closing Date and agreed to be employees of Parent, a Subsidiary of Parent or the Surviving Corporation after the Closing Date, or (ii) if resident outside of the United States, agreed to be employees of Parent, a Subsidiary of Parent or the Surviving Corporation after the Closing Date.

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