Employee Assets definition

Employee Assets means all of Transferor’s assets, including without limitation, computers, work stations, third party software licensed for such computers or work stations, electronic files, multi-function printers and copiers, office furniture and other tangible assets presently used or formerly used principally by Xxxxxxxxx or the Designated Employees that SFX elects to employ, which are necessary or useful for Xxxxxxxxx or each Designated Employee to continue to perform his or their respective duties for Parent or any of its Subsidiaries after the Closing without interruption. “Employment Agreement” has the meaning ascribed to it in Section 5.4.
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Employee Assets means all of Transferors’ assets, including without limitation, computers, work stations, third party software licensed for such computers or work stations, electronic files, multi-function printers and copiers, office furniture and other tangible assets presently used or formerly used principally by the Principals or the Designated Employees that the Acquiring Parties elect to employ, which are necessary or useful for the Principals or each Designated Employee to continue to perform his or their respective duties for Parent or any of its Subsidiaries after the Closing without interruption.
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Employee Assets shall have the meaning ascribed in Section 2.1(b).
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Examples of Employee Assets in a sentence

  • Subject to Schedule 2.02(a), GE shall use reasonable best efforts to effect an orderly transition of the Specified Transferred Employees and Specified Employee Assets located in India, Brazil and China, as promptly as practicable, in accordance with applicable Law and pursuant to a timeline and, with respect to Brazil and China, a structure, in each case to be reasonably agreed to by GE and BHGE (which agreement shall not be unreasonably conditioned, delayed or withheld by either GE or BHGE).

  • GE and BHGE have exchanged and acknowledge agreement as to the list of the Specified Transferred Employees and Specified Employee Assets in each jurisdiction (other than Brazil) as of the execution of this Agreement.

  • All Assets (i.e. Leased Add-On Assets, Transition Projects Assets, Refreshed Assets, and New Customer Employee Assets) will be recorded in HP-OMS' financial records or it's authorized leasing partner's records according to US Generally Acceptance Accounting Principles (US GAAP).

  • Nothing in this Section 2.02 shall require BHGE or any of its Affiliates to incur any incremental non de minimis (individually or in the aggregate) fees, costs, expenses or liabilities in respect of a structure for the transfer of the Specified Transferred Employees and Specified Employee Assets in Brazil proposed by GE over the fees, costs, expenses or liabilities in respect of a structure that is preferred by BHGE.

  • HP-OMS shall transfer to Customer ownership of the New Customer Employee Assets in any case of expiration or termination immediately upon payment completion by the Customer, as set out in this Section 7.2.

  • All Servers and Laptops included within the Refreshed Assets, Add-On Assets and New Customer Employee Assets must be maintained at a level equal to or better than HP's "Carepack Service", e.g., on a 24X7 basis, with repairs within 4 hours of the call for servers etc.

  • Organizational Cultural Profile Scores for Company TwoCompany Three – Employee Assets Founded in 2002, Company Three is a back-office service provider for venture and private equity funds.

  • The declaration may provide different criteria for alloca- tions of votes to the units on par- ticular specified matters and may also provide different percentages of re- quired unit owner approvals for such particular specified matters.(3) Ingress and egress of unit o ners.There may not be any restriction upon any unit owner’s right of ingress and egress to his or her unit.(4) Encroachments—units and common elements—(i) Easements for encroach- ments.


More Definitions of Employee Assets

Employee Assets means all assets owned or leased by Seller, including without limitation, computers, work stations, electronic files, multi-function printers and copiers, office furniture and other tangible assets presently used principally by the Designated Employees.
Sample 1
Employee Assets means all personal property assets owned (or leased) by Seller, wherever located, that are utilized by New Hires (as defined in Section 6.01(b)) in the normal course of the performing their duties for the Storage Products Business during the time period beginning on the Effective Date and ending on the Closing Date (as defined in Section 2.04 below), including work-stations, personal computers, personal digital assistants and all associated assignable licenses to use third-party software applications used thereon, excluding assets used on an incidental basis.
Sample 1

Related to Employee Assets

  • Company Employee Agreement means each management, employment, severance, retention, transaction bonus, change in control, consulting, relocation, repatriation or expatriation agreement or other Contract between: (a) any of the Company Entities or any Company Affiliate; and (b) any Company Associate, other than any such Contract that is terminable “at will” (or following a notice period imposed by applicable Legal Requirements) without any obligation on the part of any Company Entity or any Company Affiliate to make any severance, termination, change in control or similar payment or to provide any benefit.

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Company Employee means an employee of the Company or an employee of a Subsidiary of the Company, if any.

  • Former Employees means Former Parent Group Employees and Former SpinCo Group Employees.

  • Former Employee means an individual who has severed employment with the Employer or an Affiliated Employer.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • Employment Business means as per the Employment Agencies Xxx 0000 and the Conduct of Employment Agencies and Employment Businesses Regulations 2003, an Employment Business is a business that offers contracts of employment to temporary workers, whose services are then temporarily offered on secondment to Framework Public Bodies.

  • Protected Employees means employees of the Company who were employed by the Company at any time within six (6) months prior to the Determination Date.

  • Productive Assets means assets (including assets of a referent Person owned directly or indirectly through ownership of Capital Stock) of a kind used or useful in the Cable Related Business.

  • Current Employees has the meaning set forth in Section 5.6(a).

  • Company Properties shall have the meaning set forth in Section 4.15.1.

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Employer Group means the Corporation and any Parent or Subsidiary and any other corporation or business controlled by, controlling or under common control with, the Corporation, as determined in accordance with Sections 414(b) and (c) of the Code and the Treasury Regulations thereunder, except that in applying Sections 1563(1), (2) and (3) of the Code for purposes of determining the controlled group of corporations under Section 414(b), the phrase “at least 50 percent” shall be used instead of “at least 80 percent” each place the latter phrase appears in such sections and in applying Section 1.414(c)-2 of the Treasury Regulations for purposes of determining trades or businesses that are under common control for purposes of Section 414(c), the phrase “at least 50 percent” shall be used instead of “at least 80 percent” each place the latter phrase appears in Section 1.4.14(c)-2 of the Treasury Regulations. Any such determination as to Separation from Service, however, shall be made in accordance with the applicable standards of the Treasury Regulations issued under Section 409A of the Code.

  • Ongoing employee means an employee who has been employed for at least one complete standard measurement period.

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • self-employment route means assistance in pursuing self-employed earner’s employment whilst participating in—

  • Parent Employee means, a current employee of Parent or any of its Subsidiaries.

  • Employee means any person, including Officers and Directors, employed by the Company or any Parent or Subsidiary of the Company. Neither service as a Director nor payment of a director’s fee by the Company will be sufficient to constitute “employment” by the Company.

  • Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).