Former Company Employee definition

Former Company Employee means any individual who, as of the Merger Effective Time, is a former employee of the Company or any of its Subsidiaries.

Former Company Employee means any individual who is a former employee of Genworth or any of its Subsidiaries as of the Effective Time and who, during the final twelve

Former Company Employee means an individual who was an employee of the Company or a Transferred Subsidiary before the Closing Date, is not a Company Employee, and whose last employment with MEI and any of its Affiliates was with the Company or a Transferred Subsidiary.

Examples of Former Company Employee in a sentence

• Deferred Compensation Plan (the “Genworth DCP”), with costs associated with any Company Employee or Former Company Employee to be reimbursed by the Company.

• There is no material pending or, to the Knowledge of Seller, threatened legal action relating to any Company Employee or Former Company Employee under a Company Benefit Plan or Employment Agreement (other than ordinary course claims for benefits).

• Nothing in this Agreement shall be construed to grant any Company Employee or Former Company Employee a right to continued employment by, or to receive any payments or benefits from, Purchaser or Seller or their respective Affiliates or through any employee benefit plan.

• The execution and delivery of each Transaction Document to which Buyer is a party and the performance of Buyer’s obligations contemplated thereby have been duly and validly approved by all limited liability company action necessary on behalf of Buyer.

• Mr. Zoufal also offered support and discussed the potential for industry (Axis) support.

More Definitions of Former Company Employee

Former Company Employee means a Company Employee whose employment or services cease prior to the Closing Date.

Former Company Employee means any individual who is a former employee of Genworth or any of its Subsidiaries as of the Effective Time and who, during the final twelve (12) months of his or her employment, was primarily in the service of Company Business (regardless of whether any such individual was actively at work or was not actively at work at such time as a result of disability, illness, an approved leave of absence (including military leave with reemployment rights under federal Law and leave under the Family and Medical Leave Act of 1993), vacation, personal day or similar short- or long-term absence); provided that such shall not include any individual who primarily performed services for the Global Mortgage Insurance team at the time of their separation.

Former Company Employee means any Person who was employed by the Company or any of its Subsidiaries and whose employment was terminated (whether by retirement or otherwise) prior to the Closing.

Former Company Employee means any current employee or consultant of the Company who accepts an offer of employment with any Parent Entity. Notwithstanding the foregoing, for purposes of this Agreement, the placement of general advertisements that may be targeted to a particular geographic or technical area but that are not specifically targeted toward any Former Company Employee(s) or any employee(s) of any Parent Entity shall not be deemed to be a breach of this Section 3.

Former Company Employee means any individual (i) whose employment with Pfizer and its Subsidiaries terminated prior to the Employee Transfer Date and who was, immediately prior to such termination, primarily devoting his or her working time to the Animal Health Business, or (ii) is designated as a Former Company Employee on Exhibit B hereto.

Former Company Employee means any current employee or consultant of the Company who accepts an offer of employment with any Parent Entity.

Former Company Employee means any former employee of a Target Company who (A) as of his or her last day of employment with Seller and its Subsidiaries, was employed by a Target Company and (B) throughout his or her employment with the Seller and its Subsidiaries, spent fifty percent (50%) or more of his or her working time in the operation of the Business. Notwithstanding the foregoing, with respect to any Former Company Employee who, throughout his or her employment with the Seller and its Subsidiaries, spent less than seventy-five percent (75%) or more of his or her working time in the operation of the Business, Buyer’s obligations under this Section 7.08(i) shall not exceed (i) the amount of the Damages arising out of, resulting from or relating to a Seller Employment Liability with respect to such Former Company Employee (calculated after reduction for the portion of such Damages that could be covered by an insurance policy) times (ii) a percentage (not to exceed seventy-five percent (75%)) representing the portion of such Former Company Employee’s working time throughout his or her employment with the Seller and its Subsidiaries that was spent in the operation of the Business.