Company Continuing Employee definition

Company Continuing Employee has the meaning set forth in Section 7.9(a).

Company Continuing Employee shall have the meaning set forth in Section 7.06(a).

Company Continuing Employee is defined in Section 7.7(a).

Examples of Company Continuing Employee in a sentence

• Nothing contained in this Agreement shall confer upon any employee any right with respect to continued employment by Parent or Surviving Corporation, nor shall anything herein interfere with the right of Parent or Surviving Corporation to terminate the employment of any employee (including any Company Continuing Employee) at any time, with or without cause, following the effective date of his or her employment with Parent or Surviving Corporation.

• The Purchaser shall assume and be responsible for all hospital, medical, life insurance, workers’ compensation, disability and other benefit plan expenses and benefits for each Company Continuing Employee with respect to claims incurred by such Company Continuing Employee or such Company Continuing Employee’s covered dependents on or after the Closing Date in accordance with the terms of any applicable benefit plan maintained by the Purchaser for the Company Continuing Employee.

• This Section 5.09 shall not apply to any Company Continuing Employee who is covered by a collective bargaining or similar agreement.

• The parties hereto acknowledge and agree that the terms set forth in this Section 5.06 shall not create any right in any Company Employee (including any Company Continuing Employee) or any other Person to any continued employment with the Surviving Corporation, Parent, or any of their respective Subsidiaries or compensation or benefits of any nature or kind whatsoever, or otherwise alters any existing at-will employment relationship between any Company Employee and the Surviving Corporation.

• Nothing in this Agreement shall require Parent, the Surviving Corporation or any of its Affiliates to maintain the employment of any Company Continuing Employee for any defined period of time.

More Definitions of Company Continuing Employee

Company Continuing Employee means any employee of the Company on and as of the Closing Date.

Company Continuing Employee means each employee employed by the Company immediately prior to the Closing and who remains so employed immediately after the Closing.

Company Continuing Employee means each current Company Associate who, as of immediately following the Effective Time, continues his or her employment with any of the Acquired Corporations or becomes at the Effective Time of the Merger an employee of Parent or any Subsidiary of Parent.

Company Continuing Employee means each employee employed by any of the Holding Companies or Company Subsidiaries immediately prior to the Closing and who remains employed by the Purchaser or its Affiliates (including, following Closing, any of the Holding Companies or Company Subsidiaries) immediately after the Closing.

Company Continuing Employee means each employee of any Acquired Company who remains employed by such Acquired Company, Parent or any of Parent’s Affiliates on the day immediately following the Closing Date.

Company Continuing Employee means each employee of the Company as of the Closing Date who remains employed by the Company, Parent or any of Parent’s Affiliates immediately following the Closing.

Company Continuing Employee has the meaning set forth in 6.11(a).