Employee Termination Date definition

Employee Termination Date has the meaning set forth in Section 4.9 hereof.
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Employee Termination Date means (a) with respect to any Employee based in England or Germany, the Closing Date; (b) with respect to any Employee based in France, the French Operative Date; or (c) with respect to any Employee based in the United States, the later of (i) June 15, 1998, or if applicable, (ii) the date upon which such employee has received a valid U.S. Visa from the U.S. Department of Justice naming Purchaser as the employer of such person.
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Employee Termination Date means the earlier of the Date of Retirement or the date that Employee ceases to be employed by Employer other than as a result of his retirement.
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Examples of Employee Termination Date in a sentence

  • If so agreed, the parties agree that the transfer of employment of the Working Day Relevant Employees to the Purchaser or one of its Affiliates shall take effect on and from the day following the Working Day Employee Termination Date which applies to the relevant Working Day Relevant Employee.

  • The Purchaser acknowledges that it will be responsible for the total amount actually paid by the Seller or its Affiliate for compensation and benefits, including any withholding taxes and payroll taxes paid by the Seller’s Group, to or in respect of the Working Day Relevant Employees in relation to their ordinary course of employment for the period on and from the Effective Time to (and including) the Working Day Employee Termination Date which applies to the relevant Working Day Relevant Employee.

  • Employee agrees that, for a period of 12 months after the Employee Termination Date, neither Employee nor any Employee Controlled Entity, shall engage in any Competitive Activity.

  • The noncompetition covenant set forth in Section 1(b) above shall not apply where Employee's employment is terminated by the Company without Cause (as hereinafter defined) or where the Employee has been Constructively Terminated (as hereinafter defined), unless, (i) on or before 10 Business Days following the Employee Termination Date, the board of directors of the Company or OptiMark Holdings, Inc.

  • Seller shall remain fully responsible for any and all employment related claims made by the Employees that arise or accrue with respect to acts or omissions by Seller occurring at any time on or before the Employee Termination Date (collectively, “Seller Employment Liabilities”).

  • Except as specifically provided herein or in the Transition Services Agreement, Purchaser shall not be liable for any of Seller’s liabilities or obligations to Seller’s employees (including the Employees) or arising as a result of any termination of such Seller’s employees, including but not limited to wages, bonuses, benefits, retirement, commissions, deferred compensation or stay on payments including those that have accrued prior to the Closing or the Leased Employee Termination Date, as applicable.

  • Operator shall also deliver to Owner Representatives a written detail for each employee stating any accrued vacation time, sick time or other benefits due to any employee of Operator who works at the Restaurant immediately prior to the Employee Termination Date.

  • Seller will remain the common law and sole employer of all its employees, including the Service Employees, until the Hired Employee Termination Date occurs with respect to each respective Service Employee, and until his or her termination of employment from Seller.

  • Supplemental Pension Plan equal to the amount of his accrued benefit as of the Employee Termination Date.

  • The transfer of employment of the Russian Business Employees to the Purchaser or one of its Affiliates shall take effect on and from the day following the Russian Employee Termination Date.


More Definitions of Employee Termination Date

Employee Termination Date shall have the meaning assigned thereto in Section 6.9(h).
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