Examples of Continuing Company Employees in a sentence
Following the Continuation Period, the Continuing Company Employees shall be entitled to participate in the plans of Parent, the Surviving Corporation or their respective affiliates (the “Surviving Corporation Plans”) to the same extent as other similarly situated employees of Parent, the Surviving Corporation and their respective affiliates.
At the Effective Time, ABI or the Surviving Corporation shall offer employment to those employees of the Company listed on Schedule 8.13 of the ABI Disclosure Schedule (the "Continuing Company Employees").
The Withdrawal Deadline for the Exchange Offers occurred at 5:00 p.m., New York City time, on March 7, 2022.
The Surviving Corporation shall, and US HoldCo shall cause the Surviving Corporation to, pay to the holders of Company Stock Options the cash payments described in this Section 2.9.1 through its payroll provider on or as soon as reasonably practicable after the Closing Date, but in any event no later than the first regularly scheduled payroll date for the Continuing Company Employees following the Closing Date.
As soon as practicable after the Agreement Date, Parent and the Company will confer in good faith as to which Continuing Company Employees should enter into reasonable non-competition agreements with Parent following the Closing in a form and substance acceptable to Parent and the Company.
The Surviving Corporation shall, and Parent shall cause the Surviving Corporation to, pay to the holders of Company Service RSUs the cash payments described in this Section 2.09(b) through its payroll provider (or other appropriate means for each holder who is a non-employee director) on or as soon as reasonably practicable after the Closing Date, but in any event no later than the first regularly scheduled payroll date for the Continuing Company Employees following the Closing Date.
The Surviving Corporation shall, and Parent shall cause the Surviving Corporation to, pay to the holders of Company Stock Options the cash payments described in this Section 2.09(a) through its payroll provider on or as soon as reasonably practicable after the Closing Date, but in any event no later than the first regularly scheduled payroll date for the Continuing Company Employees following the Closing Date.
The Surviving Corporation shall, and US HoldCo shall cause the Surviving Corporation to, pay to the holders of Company Service RSUs the cash payments described in this Section 2.9.2 through its payroll provider (or other appropriate means for each holder who is a non-employee director) on or as soon as reasonably practicable after the Closing Date, but in any event no later than the first regularly scheduled payroll date for the Continuing Company Employees following the Closing Date.
Continuing Company Employees may, as soon as practicable following ABI's receipt of a favorable IRS determination letter on termination of the Company 401(k) Plan, elect a direct rollover of their Company 401(k) Plan benefits, including any Company 401(k) Plan loan outstanding as of the Closing Date, to ABI's 401(k) plan, provided any such loan has not been accelerated at the time of rollover.
Prior to the Effective Time, the Company shall terminate the employment of all employees of the Company other than the Continuing Company Employees.