Employment Obligations definition

Employment Obligations means any existing obligations to employees to be assumed, reinstated, or honored, as applicable, in accordance with Article IV.N of the Plan.

Employment Obligations means any existing obligations to employees to be assumed by the Debtors, as well as the incentive-based compensation programs that are reasonably satisfactory to the Ad Hoc 8.625% Noteholders and JPMorgan Noteholders, to be implemented by the Debtors on the Effective Date.

Employment Obligations means any existing obligations to employees to be assumed,

Examples of Employment Obligations in a sentence

• The Participant’s prior execution of agreements containing the Employment Obligations and confirmation of such obligations was a material inducement for the Company’s grant of the Award under this Award Agreement.

• Contractor hereby agrees to comply with all of the Employment Obligations.

• Normal Employment Obligations shall mean those services that the Employee is obligated to perform for the Employing Institution.

• The Participant’s prior execution of agreements containing the Employment Obligations and confirmation of such obligations was a material inducement for the Company’s grant of the Option under this Award Agreement.

• Employees of an Employing Institution may, during the Period of Normal Employment enroll in certain courses free of charge of tuition and fees, as described in this regulation, provided the enrollment does not interfere with Normal Employment Obligations.

More Definitions of Employment Obligations

Employment Obligations means any and all information and consultation obligations (including, but not limited to, the provision of employee data) applicable in the jurisdictions in which the Automatic Transfer Employees are employed immediately prior to the Closing.

Employment Obligations means any obligations to employees that are assumed in accordance with Article IV.E.11 of the Plan.

Employment Obligations means any existing obligations to employees to be assumed, Reinstated, or honored, as applicable, (including the Amended Management Employment Agreements) in each case in accordance with Article IV.P of the Plan.

Employment Obligations means any and all information and consultation obligations applicable in the jurisdictions in which any Employees are employed immediately prior to the Completion Date;

Employment Obligations means any existing obligations to employees to be assumed by the Debtors, as well as the incentive-based compensation programs that are in a form and substance reasonably satisfactory to the Senior Secured Notes Steering Committee, to be implemented by the Debtors on the Effective Date.

Employment Obligations means all contracts, agreements, arrangements, policies, programs, and plans for, among other things, compensation, bonuses, reimbursement, indemnity, health care benefits, disability benefits, deferred compensation benefits, travel benefits, vacation and sick leave benefits, savings, severance benefits, including, in the event of a change of control after the Effective Date, retirement benefits, retiree benefits (as such term is defined in section 1114 of the Bankruptcy Code), welfare benefits, relocation programs, life insurance, and accidental death and dismemberment insurance, including contracts, agreements, arrangements, policies, programs, and plans for bonuses and other incentives or compensation for the Debtors’ current and former employees, directors, officers, consultants, and managers, including executive compensation programs and existing compensation arrangements (including, in each case, any amendments thereto), and including, for the avoidance of doubt, the Canadian Savings Plan, the Canadian Savings Match Plan, the U.K. Savings Plan, the Canadian Pension Plan, and the U.K. Pension Plan (each as defined in the Wages Motion); provided that Employment Obligations shall not include Non-Qualified Pension Claims.

Employment Obligations has the meaning set forth in Section 3.1(q). ----------------------