Continuing Employees definition

Continuing Employees shall have the meaning set forth in Section 6.9(a).

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Continuing Employees means each individual who is an employee of the Company or any of its Subsidiaries immediately prior to the Effective Time and continues to be an employee of Parent or one of its Subsidiaries (including the Surviving Corporation) immediately following the Effective Time.

Continuing Employees has the meaning specified in Section 7.3(a).

Examples of Continuing Employees in a sentence

Such Business Employees who accept Licensee’s offer of employment and commence working for Licensee or a Subsidiary of Licensee as of the Transaction Commencement Date are hereinafter referred to as the “Continuing Employees.” The Parties agree that the Continuing Employees will not be treated as incurring a separation from service under Treasury Regulation Section 1.409A-1(h) for purposes of any Employee Plan, severance or other deferred compensation plans of Licensor.
Esquire and Signature shall take any and all actions as may be required, including amendments to any Esquire 401(k) Plan, to permit the Continuing Employees who are then actively employed to make rollover contributions to the Esquire 401(k) Plan of “eligible rollover distributions” (within the meaning of Section 401(a)(31) of the Code), in the form of cash, in kind benefits (if permitted by the Esquire 401(k) Plan), outstanding participant loans or a combination thereof.
Continuing Employees shall be eligible to participate, effective as of the Effective Time, in a 401(k) plan sponsored or maintained by Esquire or one of its Subsidiaries (“Esquire 401(k) Plan”), it being agreed that there shall be no gap in participation in a tax-qualified defined contribution plan.

More Definitions of Continuing Employees

Continuing Employees has the meaning ascribed to it in Section 6.9(d).

Continuing Employees is defined in Section 6.3 of the Agreement.

Continuing Employees means all employees of the Company or any of its Subsidiaries who, as of the Closing, continue their employment with the Company or any of its Subsidiaries.

Continuing Employees has the meaning set forth in Section 4.4(a).

Continuing Employees means all employees of the Company who are offered and timely accept employment by Parent or any Subsidiary of Parent, who continue their employment with the Company or, outside the U.S., who remain or become employees of the Company, Parent or any Subsidiary of Parent as required by applicable Law.

Continuing Employees. Section 6.7(a)

Continuing Employees has the meaning ascribed to it in Section 5.5 of the Agreement.