IAC Employee definition

IAC Employee means any individual who, immediately prior to the Close of the Distribution Date, is either actively employed by, or then on Approved Leave of Absence from, any IAC Entity.
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IAC Employee means (a) any individual who, immediately prior to the Merger Effective Time, is either actively employed by, or then on Approved Leave of Absence from, any IAC Entity, and (b) any individual who becomes an employee of any IAC Entity after the Merger Effective Time.
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IAC Employee shall have the meaning set forth in the Employee Matters Agreement.
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Examples of IAC Employee in a sentence

  • All workers’ compensation Liabilities relating to, arising out of, or resulting from any claim by an IAC Employee or Former IAC Employee shall be retained by IAC.

  • All workers’ compensation Liabilities relating to, arising out of, or resulting from any claim by an IAC Employee or Former IAC Employee that results from an accident occurring, or from an occupational disease that becomes manifest, on or after the Contribution Effective Time shall be retained by IAC.

  • Termination of employment following the Mandatory Exchange Effective Time from (i) all IAC Entities shall be treated as a termination of employment with respect to any Match Options held by an IAC Employee and (ii) all Match Entities shall be treated as a termination of employment with respect to any IAC Options held by a Match Employee.

  • All workers’ compensation Liabilities relating to, arising out of, or resulting from any claim by an IAC Employee or Former IAC Employee that results from an accident occurring, or from an occupational disease which becomes manifest, on or after the Effective Time shall be retained by IAC.

  • All workers’ compensation Liabilities relating to, arising out of, or resulting from any claim by an IAC Employee or Former IAC Employee that results from an accident occurring, or from an occupational disease which becomes manifest, on or after the Effective Date shall be retained by IAC.

  • IAC has no employee benefit plan other than the contemplated IAC Employee Stock Option Plan referenced in Section 1.7(a)(iii)(1) above.

  • Such IAC Employee Stock Option Plan will be on similar terms and conditions as the Hollis-Eden Employee Stock Option Plan pursuant ▇▇ ▇▇▇▇▇ ▇▇rtain of the Hollis-Eden Employee Stock Options were originally ▇▇▇▇▇▇▇.


More Definitions of IAC Employee

IAC Employee means (a) any individual, including IAC Chief Executive Officer, ▇▇▇▇▇▇ ▇▇▇▇▇, who, immediately prior to the Mandatory Exchange Effective Time, is either actively employed by, or then on Approved Leave of Absence from, any IAC Entity, and (b) any individual who becomes an employee of any IAC Entity after the Mandatory Exchange Effective Time.
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