Examples of Continuing Service Providers in a sentence
Pursuant to and in further compliance with Treasury Regulation §1.409A-1(h)(4), the Company and Buyer Parties hereby agree that all Continuing Service Providers will be treated consistently (regardless of position at the Company) for purposes of applying the provisions of the Home Solutions, Inc.
Buyer and Seller shall use commercially reasonable efforts to achieve an orderly transfer of the Continuing Service Providers to the Buyer.
The Transferred Employees and Transition Consultants listed on Schedule 5.1 shall be known as the Continuing Service Providers.
Except as set forth on Section 3.17 of the Seller Disclosure Letter, no event has occurred for which any liability may be incurred by Seller in relation to the Continuing Service Providers for breach of any contract of services or for services or for any other liability accruing from the termination of employment or for services whether under Law or otherwise.
The Company shall have delivered to Buyer acknowledgement letters, in substantially the form delivered to Buyer prior to the date of this Agreement, executed by at least eight of the nine Continuing Service Providers listed on Schedule 10.11 hereto, which letters shall not have been cancelled or revoked by any of such Continuing Service Providers.
Without limiting the generality of Section 4.1, the Company shall provide Parent with reasonable access to the Continuing Service Providers during normal working hours following the Agreement Date.
The Company shall have delivered to Buyer acknowledgement letters, in substantially the form delivered to Buyer prior to the date of this Agreement, executed by at least 93% of the Continuing Service Providers.
Within two Business Days following the Agreement Date, Parent shall develop and deliver to the Company talking points with respect to the post-Closing employment of Continuing Service Providers.
Effective as of immediately prior to the Closing, the Company shall terminate, in compliance with applicable Legal Requirements, the employment of each employee of the Acquired Entities who are not Continuing Service Providers (each such employee, a “Non-Continuing Employee”).
The cost of termination of any such Company Benefit Arrangement with respect to the Continuing Service Providers which is not paid prior to Closing by a Group Company and which is not paid by Seller directly, shall be accrued as a Liability in Company Net Working Capital.