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.