Holdings Employee definition

Holdings Employee means any director, manager, officer, employee, consultant or advisor of Holdings or any of its Subsidiaries, but excluding any natural person who is affiliated with LMP; provided that a natural person shall not be deemed to be affiliated with LMP or its Affiliates solely because such person has served, serves and/or may in the future serve as a director, manager, officer, employee, consultant or advisor of one or more Person(s) in which LMP or its Affiliates have an equity interest.
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Holdings Employee means any individual who, as of the IPO Date, is: (a) either actively employed by or on Leave of Absence from Holdings or a Holdings Affiliate; or (b) neither actively employed by, nor on a Leave of Absence from, Holdings or a Holdings Affiliate, but whose most recent active employment (as between Continental (and Continental Affiliates ) and Holdings (and Holdings Affiliates)) was with Holdings or a Holdings Affiliate or a predecessor thereto. Any individual employed by Holdings or a Holdings Affiliate after the IPO Date shall also be a Holdings Employee. Further, an alternate payee under a QDRO, an alternate recipient under a QMCSO, a beneficiary or a covered dependent, in each case, of an employee or former employee described in either of the preceding two sentences shall also be a Holdings Employee, but only in such capacity, and only with respect to such employee's or former employee's benefit under the Continental Plans.
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Holdings Employee means any individual who, immediately prior to the Distribution Date, is employed by Holdings or any member of the Matson Group, including active employees and employees on vacation or approved leave of absence (including maternity, paternity, family, sick leave, qualified military service under the Uniformed Services Employment and Reemployment Rights Act of 1994, and leave under the Family Medical Leave Act and other approved leaves).
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Examples of Holdings Employee in a sentence

  • Without the express written consent of the Company or Holdings, Employee will not at any time (whether during the Employment Period or after any termination of employment for any reason) use for any purpose (other than for the exclusive benefit of the Company and Holdings) or disclose to any person (except at the direction of the Company or Holdings) any Confidential Information.

  • As at the date hereof, the Company has in force the ZICO Holdings Performance Share Plan (“PSP”) and the ZICO Holdings Employee Share Option Scheme (“ESOS”).

  • Bayesian optimization algorithms are generally powered by probabilistic models based on Gaussian processes that rely on inductive biases encoded by kernels.

  • Each Old Hertz Holdings RSU that is outstanding as of immediately prior to the Distribution and held by a HERC Holdings Employee, a Former HERC Holdings Employee or a HERC Holdings Non-Employee Director, shall be adjusted by multiplying the number of RSUs subject to such Old Hertz Holdings RSU by the HERC Holdings Share Ratio (each such adjusted Old Hertz Holdings RSU, an “Adjusted HERC Holdings RSU”).

  • Each Old Hertz Holdings PSU that is outstanding as of immediately prior to the Distribution and held by a HERC Holdings Employee or a Former HERC Holdings Employee shall be adjusted by multiplying the number of PSUs subject to such Old Hertz Holdings PSU by the HERC Holdings Share Ratio (each such adjusted Old Hertz Holdings PSU, an “Adjusted HERC Holdings PSU”).

  • Holdings shall use reasonable best efforts to cause all beneficiary designations made by Holdings Employees for Continental Plans to be deemed as valid beneficiary designations under the corresponding Holdings Plans until such beneficiary designations are replaced or revoked by the Holdings Employee who made the beneficiary designation.

  • Effective as of the time of the Distribution, the member of the HERC Holdings Group employing each HERC Holdings Employee shall have (and, to the extent it has not previously had such obligations, such member of the HERC Holdings Group shall assume) the obligations for all claims and Liabilities relating to unemployment compensation benefits for all HERC Holdings Employees and Former HERC Holdings Employees.

  • Furthermore, unless expressly provided for in this Agreement, the Separation Agreement or in any Ancillary Agreement or required by applicable Law, no provision in this Agreement shall be construed to create any right to accelerate vesting or entitlements under any Benefit Plans sponsored or maintained by New Hertz Holdings, any member of the Hertz Group, HERC Holdings or any member of the HERC Holdings Group on the part of any New Hertz Holdings Employee, HERC Holdings Employee or Former Employee.

  • Except as otherwise set forth in this Agreement or as otherwise agreed to by the Parties, effective not later than immediately prior to the Distribution, New Hertz Holdings or a member of the Hertz Group shall have taken such actions as are necessary to ensure that each New Hertz Holdings Employee is employed by a member of the Hertz Group.

  • If we decide that there was no error, we will send you a written explanation of our decision.


More Definitions of Holdings Employee

Holdings Employee any individual who is an Employee of Holdings or any 100% direct or indirect subsidiary of Holdings immediately prior to the Asset Transfer Date or who becomes an employee of Holdings or any 100% direct or indirect subsidiary of Holdings on or following the Asset Transfer Date; or
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Holdings Employee a Holdings Employee as defined under the definition of Employee contained herein.
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Related to Holdings Employee

  • U.S. Employee means a person who is an employee of the Company (or of any Subsidiary) for purposes of section 422 of the Code.

  • Public employee means an individual holding a position by appointment or employment in the government of this state, in the government of 1 or more of the political subdivisions of this state, in the public school service, in a public or special district, in the service of an authority, commission, or board, or in any other branch of the public service, subject to the following exceptions:

  • SpinCo Employee has the meaning set forth in the Employee Matters Agreement.

  • Regular Employee is one who is hired to work on a full-time or part-time basis on regularly scheduled shifts of a continuing nature;

  • Inactive Employee means an employee who is not actively at work due to approved leave of absence, short-term disability leave or military leave.

  • Active Employee means a contributing member of the TRS who is employed by a public school and is not entitled to coverage under a plan provided under Insurance Code Chapter 1551 (Texas Em- ployees Group Benefits Act) or 1601 (State University Employees Uniform Insurance Benefits Act).

  • Former Employee means an individual who has severed employment with the Employer or an Affiliated Employer.

  • Restricted Employee means any person who was a director, employee or consultant of the Company at any time within the Relevant Period who by reason of that position and in particular his seniority and expertise or knowledge of Confidential Information or knowledge of or influence over the clients, customers or contacts of the Company is likely to cause damage to the Company if he were to leave the employment of the Company and become employed by a competitor of the Company;

  • Relevant Employee means the Previous Contractor Employees, the Previous Contractor Third Party Employees and Previous Contractor Sub-contractor Employees;

  • Service employee, means any person engaged in the performance of this contract other than any person employed in a bona fide executive, administrative, or professional capacity, as these terms are defined in Part 541 of Title 29, Code of Federal Regulations, as revised. It includes all such persons regardless of any contractual relationship that may be alleged to exist between a Contractor or subcontractor and such persons.

  • Excluded Employee means an employee as defined in section 3527, subd. (b) of the Government Code (Ralph C. Dills Act) except those excluded employees who are designated managerial pursuant to section 18801.1 of the Government Code.

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Non-Key Employee means any Employee who is not a Key Employee.

  • Company Employee means an employee of the Company or an employee of a Subsidiary of the Company, if any.

  • Tipped employee means any employee engaged in an occupation in which s/he customarily and regularly receives more than $30 per month in tips. Tips include amounts designated as a tip by credit card customers on their charge slips. Nothing in this rule prevents an employer from requiring employees to share or allocate such tips or gratuities on a pre-established basis among other employees who customarily and regularly receive tips. Employer-required sharing of tips with employees who do not customarily and regularly receive tips, such as management or food preparers, or deduction of credit card processing fees from tipped employees, shall nullify allowable tip credits towards the minimum wage.

  • Employee Participant means an Employee who holds an outstanding Award under the terms of the Plan.

  • Junior Employee means an employee under the age of nineteen years, who is in receipt of less than the prescribed adult rate of wage.

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.

  • Public employer means the State of Oregon, and the following political subdivisions:

  • relevant employer means any company incorporated or registered under the Companies Act (Cap. 50) or any person registered under the Business Names Registration Act 2014;

  • Parent Employee means, a current employee of Parent or any of its Subsidiaries.

  • Active Employment means you must be actively at work for the Sponsor:

  • Affiliated employee means any individual employed by a recipient who receives compensation directly from government assistance or a contract with the District of Columbia government, including any employee of a contractor or subcontractor of a recipient who performs services pursuant to government assistance or a contract. The term “affiliated employee” does not include those individuals who perform only intermittent or incidental services with respect to the government assistance or contract, or who are otherwise employed by the contractor, recipient or subcontractor.

  • Current Employee has the meaning set forth in Section 7.8(a).