Employee Amounts means in relation to an Employee all amounts owing (if any) to that Employee in respect of their employment including (but without limitation) entitlements to payment of wages or salary in lieu of notice, long service leave, annual and sick leave;
Employee Amounts means all outstanding wages, salaries and employee benefits (including, employee medical, dental, disability, life insurance and similar benefit plans or arrangements, incentive plans, share compensation plans and employee assistance programs and employee or employer contributions in respect of pension and other benefits), vacation pay, commissions, bonuses and other incentive payments, termination and severance payments, and employee expenses and reimbursements, in each case incurred in the ordinary course of business and consistent with existing compensation policies and arrangements;
Employee Amounts means all (a) bonuses (including completion bonuses, variable compensation and equity compensation) payable to employees, agents and consultants of and to the Company as a result of the transactions contemplated by this Agreement and unpaid by the Company as of the Closing Date (including the employer portion of any payroll, social security, unemployment or similar Taxes), (b) severance obligations owed by the Company to employees, agents and consultants of and to the Company triggered prior to or on the Closing Date as a result of the transactions contemplated by this Agreement (including the employer portion of any payroll, social security, unemployment or similar Taxes), and (c) any pre-Closing bonus accruals included in “Employee Amounts” pursuant to Section 5.2(d) (including the employer portion of any payroll, social security, unemployment or similar Taxes).
Examples of Employee Amounts in a sentence
For the sake of clarity, to the extent Seller pays bonus amounts under subsections (i) or (ii) above, such amounts shall not be included in Employee Amounts.
RDT has no Employee Amounts and as at the Effective Date there will be no amounts payable by RDT for Employee Amounts.
Within ninety (90) days following the Closing Date, Buyer shall deliver to Seller a statement setting forth Buyer’s calculation of the actual amounts of (i) the Net Working Capital, (ii) the Outstanding Indebtedness Amount, and (iii) the Employee Amounts, in each case, as of the Effective Time prepared in accordance with the Accounting Principles (the “Final Settlement Statement”), together with such schedules and data as may be appropriate to support such calculation.
For thermal transmittance purposes not include the ceiling proper nor the plenum space as part of the assembly.
Accrued Employee Amounts which remain unpaid at Closing shall be treated as Closing Indebtedness.
More Definitions of Employee Amounts
Employee Amounts has the meaning ascribed thereto in section 4.1(t);
Employee Amounts means: (i) any obligations or liabilities of ACME or RDT, as the case may be, to pay any amount to its officers, directors, employees and consultants, other than for salary and directors fees in the ordinary course in each case in amounts consistent with historic practice; and (ii) obligations or liabilities in respect of insurance or indemnification contemplated by this Agreement or arising in the ordinary course of business and, without limiting the generality of the foregoing, Employee Amounts shall include the obligations of either ACME or RDT, as the case may be, to its officers, employees and consultants for (a) severance or termination payments on or in connection with a termination of employment or a change of control; (b) pursuant to any written agreements or a resolution of the board; (c) pension plans; (d) retention or other policies; or (e) otherwise in accordance with applicable Laws;
Employee Amounts means all (a) bonuses (including completion bonuses, variable compensation and equity compensation) payable to employees, agents and consultants of and to the Company as a result of the transactions contemplated by this Agreement and unpaid by the Company as of the Closing Date (including the employer portion of any payroll, social security, unemployment or similar Taxes), (b) severance obligations owed by the Company to employees, agents and consultants of and to the Company triggered prior to or on the Closing Date as a result of the transactions contemplated by this Agreement (including the employer portion of any payroll, social security, unemployment or similar Taxes), and (c) any
Employee Amounts means: (i) any obligations or liabilities of Orca to pay any amount to its officers, directors, employees and consultants, other than for salary and directors fees in the ordinary course in each case in amounts consistent with historic practice; and (ii) obligations or liabilities in respect of insurance or indemnification contemplated by this Agreement or arising in the ordinary course of business and, without limiting the generality of the foregoing, Employee Amounts shall include the obligations of Orca to officers, employees and consultants for severance or termination payments on or in connection with a termination of employment or the change of control of Orca pursuant to any written agreements or a resolution of the board of directors of Orca, pension plans, severance, retention or other policies or otherwise in accordance with applicable law;
Employee Amounts means the amounts payable to employees or non-employee service providers of the Company or its Subsidiaries pursuant to any change in control bonus plan, severance plan, change of control, retention or similar arrangement of the Company or its Subsidiaries.
Employee Amounts has the meaning specified in Section 5.07(b).
Employee Amounts shall have the meaning specified in Section 6.3.