Employee Transition Date definition

Employee Transition Date has the meaning given to it in Section 4.6(a).

Employee Transition Date is defined in Section 8.1.2.

Employee Transition Date means the earlier of (x) March 31, 2015 or (y) the date on which Purchaser shall have established a payroll and benefits platform that enables it to fulfill its obligations under this Article 8.

Examples of Employee Transition Date in a sentence

• In the event that any such Transferred Employee accepts Maverick’s offer of employment either before or after the Employee Transition Date, Maverick shall be responsible for all Liabilities (including salaries and benefits, including the maintenance of appropriate levels of workers’ compensation insurance) arising out of any such employment from and after the initial date of the Transferred Employee’s employment with Maverick.

• Harpoon shall be responsible for providing notice and health continuation coverage under COBRA to any Transferred Employee (and his/her qualified beneficiaries) who experiences a qualifying event on or after the Employee Transition Date.

• Harpoon’s employment of the Transferred Employees shall terminate at 11:59 p.m. Pacific Time on the Employee Transition Date.

• With respect to all confidentiality and invention assignment provisions applicable to Transferred Employees contained in Contracts that Transferred Employees entered into with Harpoon on or prior to the Employee Transition Date, Harpoon shall enforce such provisions on behalf of Maverick, at Maverick’s request and expense, to the extent that Maverick cannot enforce such Contracts directly.

• Prior to or on the Employee Transition Date, Maverick shall in good faith offer employment to the Transferred Employees, pursuant to terms of written offer letters, with such employment to commence on the first Business Day immediately following the Employee Transition Date.

More Definitions of Employee Transition Date

Employee Transition Date means such date, on or after the Series B Closing Date and not later than one day after the date upon which Takeda funds its initial purchase of Series B Preferred Stock (or if such date does not immediately precede a Business Day, the next succeeding date that immediately precedes a Business Day), upon which Maverick elects to transition the employment of the Transferred Employees from Harpoon to Maverick, as designated by Maverick upon notice to Harpoon at least one day in advance. Prior to or on the Employee Transition Date, Maverick shall in good faith offer employment to the Transferred Employees, pursuant to terms of written offer letters, with such employment to commence on the first Business Day immediately following the Employee Transition Date. In the event that any such Transferred Employee accepts Maverick’s offer of employment either before or after the Employee Transition Date, Maverick shall be responsible for all Liabilities (including salaries and benefits, including the maintenance of appropriate levels of workers’ compensation insurance) arising out of any such employment from and after the initial date of the Transferred Employee’s employment with Maverick. Harpoon shall be responsible for providing notice and health continuation coverage under COBRA to any Transferred Employee (and his/her qualified beneficiaries) who experiences a qualifying event on or after the Employee Transition Date. With respect to all confidentiality and invention assignment provisions applicable to Transferred Employees contained in Contracts that Transferred Employees entered into with Harpoon on or prior to the Employee Transition Date, Harpoon shall enforce such provisions on behalf of Maverick, at Maverick’s request and expense, to the extent that Maverick cannot enforce such Contracts directly. Effective upon the Employee Transition Date, Harpoon hereby waives (x) any non-competition or similar provisions and (y) any confidentiality provisions, to the extent restricting disclosure or use of the Transferred Intellectual Property or use of the license set forth in Section 2.2(a), in each case ((x) and (y)) applicable to Transferred Employees contained in Contracts that Transferred Employees entered into with Harpoon on or prior to the Employee Transition Date.

Employee Transition Date means the date identified as the Employee Transition Date in the applicable Transaction Agreement. EQUIPMENT shall mean, without limitation, the computers, hardware and related equipment used in connection with the delivery or receipt of Services, including central processing units and other processors, controllers, modems, communications and telecommunications equipment (voice, data and video), cables, storage devices, printers, terminals, other peripherals and input and output devices, and other tangible mechanical and electronic equipment intended for the processing, input, output, storage, manipulation, communication, transmission and retrieval of information and data. EMU COMPLIANCE shall have the meaning as set forth in Section 10.11 of the Framework Agreement. EQUIPMENT MAINTENANCE shall mean both Preventive and Remedial Maintenance such that any Customer Equipment in the custody of Supplier will be maintained in a manner to ensure its continued usability and value, including cosmetic condition. EQUIPMENT TESTING shall mean one of the Acceptance Tests as specified in Section 7.5(B) of the Equipment Agreement, or in any Category Agreement or Transaction Agreement.

Employee Transition Date has the meaning established in Section 7.10(a).

Employee Transition Date means, with respect to Employees on leave as of the Closing Date, the effective date of such Employees’ employment with Buyer pursuant to this Section 5.10(c).

Employee Transition Date has the meaning given to such term in the Employee Agreement.

Employee Transition Date has the meaning set forth in Section 9(g).

Employee Transition Date means the Domestic Employee Transition Date with respect to Domestic Designated Employees, and the Non-Domestic Employee Transition Date with respect to Non-Domestic Designated Employees, as applicable, for the provisions of this Article VIII applicable to both categories of Designated Employees.