Hired Active Employees definition

Hired Active Employees as defined in Section 10.1(b)(i).

Hired Active Employees is defined in Section 8.8(b)(i).

Hired Active Employees as defined in Section 5.1(b).

Examples of Hired Active Employees in a sentence

• Nothing in this Agreement shall be deemed to prevent or restrict in any way the right of Buyer to terminate, reassign, promote, or demote any of the Hired Active Employees after the Closing or to change adversely or favorably the title, powers, duties, responsibilities, functions, locations, salaries, other compensation, or terms or conditions of employment of such employees.

• For purposes of payroll taxes with respect to Hired Active Employees, Seller shall treat the Contemplated Transactions under this Agreement as a transaction described in Treas.

• All Hired Active Employees who are participants in Seller’s retirement plans shall retain their accrued benefits under Xxxxxx’s retirement plans as of the Effective Date, and Seller (or Seller’s retirement plans) shall retain sole liability for the payment of such benefits as and when such Hired Active Employees become eligible therefor under such plans.

• Buyer will set its own initial terms and conditions of employment for the Hired Active Employees and others it may hire, including work rules, benefits, and salary and wage structure, all as permitted by law.

• All Hired Active Employees shall become fully vested in their accrued benefits or accounts under Xxxxxx’s retirement plans as of the Effective Date.

More Definitions of Hired Active Employees

Hired Active Employees has the meaning set forth in Section 6.3(b).

Hired Active Employees means those thirty three (33) employees employed on the Closing Date by Seller for the Business, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave.

Hired Active Employees has the meaning set forth in Section 7.2(c) of this Agreement.

Hired Active Employees has the meaning set forth in Section 10.2 of this Agreement.

Hired Active Employees has the meaning set forth in Section 10.2 of this Agreement. "Hit Cap" has the meaning set forth in Section 2.2(a)(iii)(A) of this Agreement. "IM Division" has the meaning set forth in the Recitals of this Agreement. "IRS" means the United States Internal Revenue Service. "Indemnified Party" has the meaning set forth in Section 9.3 of this Agreement. "Indemnifying Party" has the meaning set forth in Section 9.3 of this Agreement. "Independent Accountants" has the meaning set forth in Section 2.2(b)(v) of this Agreement. "Injunction" means any and all writs, rulings, awards, directives, injunctions (whether temporary, preliminary or permanent), judgments, decrees or orders (whether executive, judicial or otherwise) adopted, enacted, implemented, promulgated, issued, entered or deemed applicable by or under the authority of any Governmental Body. "Intellectual Property" means any and all (i) inventions (whether patentable or unpatentable and whether or not reduced to practice), all improvements thereto, and all patents, patent applications and patent disclosures, together with all reissuances, continuations, continuations in part, revisions, extensions and reexaminations thereof; (ii) trademarks, service marks, trade dress, logos, trade names, assumed names and corporate names, together with all translations, adaptations, derivations and combinations thereof and including all goodwill associated therewith, and all applications, registrations and renewals in connection therewith; (iii) copyrightable works, all copyrights and all applications, registrations and renewals in connection therewith; (iv) mask works and all applications, registrations and renewals in connection therewith; (v) trade secrets and confidential business information (including ideas, research and development, know-how, technology, formulas, compositions, processes and techniques, technical data, designs, drawings, specifications, customer and supplier lists, pricing and cost information and business and marketing plans and proposals); (vi) computer software (including data and related software program documentation in computer-readable and hard-copy forms); (vii) other intellectual property and proprietary rights of any kind, nature or description, including web sites, web site domain names and other e-commerce assets and resources of any kind or nature; and (viii) copies of tangible embodiments thereof (in whatever form or medium). "Investor Letter" has the meaning set forth in Section 4...

Hired Active Employees is defined in Section 0.

Hired Active Employees is defined in Section 9.2(a) hereof.