Continued Employees definition

Continued Employees shall have the meaning set forth in Section 5.2(a).

Continued Employees has the meaning set forth in Section 9.1.

Continued Employees shall have the meaning given such term in Section 6.6.1.

Examples of Continued Employees in a sentence

• Effective as of the Closing Date, any and all limitations as to pre-existing conditions and actively-at-work exclusions and waiting periods under Buyer's Welfare Plans shall be waived by Buyer with respect to Continued Employees and their eligible dependents to the extent satisfied under Seller's applicable Welfare Plans.

• Buyer shall have responsibility under Buyer's Welfare Plans for claims relating to expenses incurred by Continued Employees and their eligible dependents on and after the Closing Date.

• Seller shall retain responsibility under Seller's welfare plans for claims relating to expenses incurred by Continued Employees and their eligible dependents prior to the Closing Date.

• Following any such transfer of assets, Buyer shall assume all obligations and liabilities of Seller under Seller's 401(k) Plans with respect to such Continued Employees, and Seller shall have no further liability to Buyer or any Continued Employee with respect thereto.

• Effective as of the Closing Date, Buyer shall have in effect a workers compensation program for Continued Employees that shall provide coverage identical in all material respects to Seller's workers compensation program as of the Closing Date.

More Definitions of Continued Employees

Continued Employees has the meaning specified in Section 12.2(b). "Continued Employee" means one of the Continued Employees.

Continued Employees means those employees of Seller and the Seller Subsidiaries to whom Buyer offers employment pursuant to Section 8.5, who accept such an offer of employment by Buyer and who actually commence such employment with Buyer.

Continued Employees is defined in Section 13.2.

Continued Employees means, collectively, all Eligible Employees of Company and its Subsidiaries who accept employment with SOG or one of its Affiliates pursuant to the offers described in Section 5.1.3(c).

Continued Employees means those Active Employees accepting such offers of employment.

Continued Employees is defined in Section 5.9(a).

Continued Employees means, collectively, all Eligible Employees of each Seller and its Affiliates who accept employment with the Buyer or one of its Affiliates pursuant to the offers described in Section 5(m).