Current Business Employee definition

Current Business Employee means any Current Purchased Company Employee and any other employee of any Seller or any of its Affiliates who is actively and primarily employed in the Business or who is primarily dedicated to supporting the Business.
Current Business Employee means any Conveyed Company Employee or Additional Business Employee.
Current Business Employee means (a) each Current Purchased Company Employee, (b) each other employee of Seller or any of its Affiliates who is actively and primarily employed in the Business, or who is primarily dedicated to supporting the Business, immediately prior to the Closing (including any such employee who is on sick leave, military leave, vacation, holiday, short-term disability or other similar leave of absence), and (c) each individual listed on Section 1.1(a)(i) of the Seller Disclosure Schedules, who is employed by Seller or an Affiliate immediately prior to the Closing, excluding, in each case, (i) any employee of a Purchased Non-Consolidated Venture and (ii) each individual listed on Section 1.1(a)(ii) of the Seller Disclosure Schedules.

Examples of Current Business Employee in a sentence

  • No Current Business Employee is covered by collective bargaining agreements or other agreement with a labor union, works council or similar organization applicable to employees, and to Seller’s knowledge, there are no activities or proceedings of any labor union, works council, or similar organization to organize any such employee.

  • Without Buyer’s request and consent, APD or an Affiliate of APD (including a PMD Asset Seller) may not cause a Current Business Employee to be transferred from APD or an Affiliate of APD (including a PMD Asset Seller) to a Transferred PMD Company.

  • Sellers shall cause the employment of each Current Business Employee listed on Section 5.7(a) of the Seller Disclosure Schedules who does not accept such offer of employment to be terminated effective as of not more than five (5) Business Days following the Closing Date.

  • With respect to each Seller Benefit Plan in which a Current Business Employee participates, Seller has provided Purchaser with copies of such plans or summaries of the material terms of such plans and, with respect to each Seller Benefit Plan in which a Current Business Employee Participates that is intended to meet the requirements under Section 401(a) of the Code, a copy of the latest IRS determination letter or prototype opinion letter.

  • When specified in the Contract Documents, an existing facility shall be exposed to verify its horizontal and vertical location.


More Definitions of Current Business Employee

Current Business Employee means each employee of the Partnership or any of its Affiliates who is actively and primarily employed in the Business, or who is primarily dedicated to supporting the Business, immediately prior to the Closing (including any such employee who is on sick leave, military leave, vacation, holiday, short-term disability or other similar leave of absence), and (c) each individual listed on Section 1.1(a)(i) of the Partnership Disclosure Schedules, who is employed by the Partnership or an Affiliate immediately prior to the Closing, excluding, in each case, each individual listed on Section 1.1(a)(ii) of the Partnership Disclosure Schedules.
Current Business Employee means each Business Employee employed by DuPont or an Affiliate thereof immediately before the Closing. "De Minimis Claim Threshold" shall have the meaning set forth in Section 8.4(h). "De Minimis Environmental Claim Threshold" shall have the meaning set forth in Section 8.4(h).
Current Business Employee means any individual who would be a Business Employee if the Closing were to occur on the date of this Agreement.
Current Business Employee means each Business Employee employed by APD or an Affiliate thereof immediately before the Closing.
Current Business Employee means all Persons who are employed by the Acquired Entities.
Current Business Employee means each Business Employee employed by DuPont or an Affiliate thereof immediately before the Closing.
Current Business Employee means each Business Employee employed by SEE or an Affiliate thereof immediately before the date of this Agreement or, if not employed as of the date hereof, is employed the prior written consent of the President of Diversey (or her designee), prior to and as of the Closing.