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.
In the event that the amounts payable by the Purchaser following the Closing that relate to service by any Transferred Employee with the Seller through the Closing exceed the Employee Amounts, the Seller shall indemnify the Purchaser for such excess pursuant to Section 8.02.
Accrued Employee Amounts which remain unpaid at Closing shall be treated as Closing Indebtedness.
RDT has no Employee Amounts and as at the Effective Date there will be no amounts payable by RDT for Employee Amounts.
Wiklund (1999) asserted that EO can be described as a resource-intense strategic behavior.
More Definitions of Employee Amounts
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 has the meaning ascribed thereto in section 4.1(t);
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 any accrued benefit under any Defined Benefit Plan, any Defined Contribution Plan, any Non-Qualified Defined Benefit Plan, and any Non-Qualified Defined Contribution Plan attributable to employee after-tax contributions, elective contributions under Section 401(k) of the Code, rollover contributions under Section 402 of the Code to the extent attributable to a distribution from a plan not at any time maintained by any member of the Controlled Group or to elective contributions under Section 401(k) of the Code, or employee elective compensation reductions or deferrals under any non-qualified arrangement (including earnings on such contributions), but excluding any amounts attributable to matching contributions described in Section 401(m) of the Code of a member of the Controlled Group or amounts under any non-qualified arrangement that would be matching contributions described in Section 401(m) of the Code if the non-qualified arrangement were part of a Defined Contribution Plan.
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 means the balance of any plan accounts under any Defined Contribution Plan or Non-Qualified Defined Contribution Plan attributable to (i) employee after-tax contributions, (ii) elective contributions under Section 401(k) of the Code, (iii) rollover contributions under Section 402 of the Code, to the extent attributable to a distribution from a plan not at any time maintained by the Company or an Affiliate or to employee after-tax contributions or elective contributions under Section 401(k) of the Code or (iv) employee elective compensation reductions or deferrals under any non-qualified arrangement. However, Employee Amounts in any event shall exclude any plan accounts (i) attributable to matching contributions described in Section 401(m) of the Code of a Defined Contribution Plan maintained by the Company or an Affiliate or (ii) under any non-qualified arrangement that would be matching contributions described in Section 401(m) of the Code if the non-qualified arrangement were part of a Defined Contribution Plan.