Identified Business Employee definition

Identified Business Employee means (i) those Business Employees set forth on the list delivered by Purchaser to Seller on or prior to the date 60 calendar days after the date hereof in accordance with Section 5.7(a), as such list may be updated in accordance therewith and (ii) each other employee of the Company and its Subsidiaries who holds a position related to the Business who Seller and Purchaser shall mutually agree in writing to transfer to Purchaser and its Subsidiaries prior to the Closing Date or whose transfer to Purchaser and its Subsidiaries is required under, or occurs automatically by operation of, local Law. “In-the-Money Ultimate Parent Options” means Ultimate Parent Options with an exercise price per share of Ultimate Parent Ordinary Shares subject thereto that is less than the closing price of a share of Ultimate Parent Ordinary Shares on the Closing Date.
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Identified Business Employee means (i) each Business Employee identified as an “Identified Business Employee” on Schedule 4.11(a) and (ii) each other employee of the Company and its Subsidiaries who holds a position related to the Business who the Company and Purchaser shall mutually agree in writing to transfer to Purchaser and its Subsidiaries prior to the Closing Date.
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Identified Business Employee means (i) those Business Employees set forth on the list set forth in Section 1.1(e) of the Disclosure Schedule, as such list may be subsequently updated to reflect new hires, terminations or other personnel changes occurring prior to the Closing Date and (ii) each other employee of Seller and its Subsidiaries who holds a position related to the Business who Seller and Purchaser shall mutually agree in writing to transfer to Purchaser and its Subsidiaries prior to the Closing Date or whose transfer to Purchaser and its Subsidiaries is required under, or occurs automatically by operation of, local Law.
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Examples of Identified Business Employee in a sentence

  • Seller shall, or shall cause its Affiliates as applicable to, terminate the employment of any Identified Business Employee who does not accept Purchaser’s offer of employment.

  • Seller agrees that for a period beginning on the Closing Date and ending on the second anniversary thereof, Seller shall not, and shall cause its Affiliates not to directly or indirectly (i) solicit, recruit or otherwise induce any Transferred Employee to leave or terminate his or her employment with Purchaser or its Affiliates or (ii) hire or employ any Identified Business Employee.

  • Each Identified Business Employee who is transferred, or who accepts an offer of employment in the case of a Non-Transferred Business Employee, according to this ‎Section 9.01(a) and who continues or commences, as applicable, active employment with Buyer or one of its Subsidiaries (including, after the Closing, a Transferred Entity) as of his or her Transfer Date (as defined below) shall be referred to as a “Transferred Employee”).

  • But before the effects of device-usage will be discussed, the concept of Pedagogi- cal Tact needs to be clarified.

  • Except as otherwise provided with respect to Automatic Transfer Employees whose employment will continue after the Closing Date pursuant to Section 5.7(k), Purchaser shall offer employment within 15 days prior to the Closing Date to each Identified Business Employee to be effective on the Closing Date (except for those Identified Business Employees on vacation or other approved leave of absence as of the Closing Date, which offer is to be effective on their return to employment) (the “Offer Employees”).

  • Prior to the Closing Date, Seller shall update ‎Section 9.01(a) of the Seller Disclosure Schedule to (i) delete any such employee who should no longer be an Identified Business Employee because Buyer provides written direction to make such deletion, and (ii) add any ETFs Business Employee who becomes an Identified Business Employee by written direction of Buyer.


More Definitions of Identified Business Employee

Identified Business Employee means (i) those Business Employees set forth on the list delivered by Purchaser to Seller on or prior to the date 60 calendar days after the date hereof in accordance with Section 5.7(a), as such list may be updated in accordance therewith and (ii) each other employee of the Company and its Subsidiaries who holds a position related to the Business who Seller and Purchaser shall mutually agree in writing to transfer to Purchaser and its Subsidiaries prior to the Closing Date or whose transfer to Purchaser and its Subsidiaries is required under, or occurs automatically by operation of, local Law.
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Identified Business Employee means (i) each Business Employee identified as an “Identified Business Employee” on
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Related to Identified Business Employee

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

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Group Business Entity means;

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

  • Company Employee means any current or former employee, independent contractor or director of the Company or any Company Affiliate.

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Excluded Employees shall have the meaning set forth in Section 5.1.2.

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each “employee benefit plan,” within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • Contract employee means a probationary faculty employee or a grant- funded employee hired on a year-to-year basis in accordance with Education Code 87470.

  • Foreign business entity means a foreign limited liability company, as defined in s. 183.0102 (8), a foreign partnership, as defined in s. 178.0102 (6), a foreign limited partnership, as defined in s. 179.01 (4), a foreign corporation, as defined in s. 180.0103 (9), or a foreign corporation, as defined in s. 181.0103 (13).

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • 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.

  • Domestic business entity means a business entity organized under the laws of this state, including but not limited to a limited liability company as defined in section 489.102; a corporation organized pursuant to chapter 490; a nonprofit corporation organized under chapter 504; a partnership, limited partnership, limited liability partnership, or limited liability limited partnership as provided in chapter 486A or 488; or a cooperative association or other cooperative organized under this chapter or chapter 497, 498, 499, or 501.

  • Service-disabled veteran-owned business means a service-disabled veteran-owned business located in the State of Tennessee that satisfies the criteria in Tenn. Code. Ann. § 12-3-1102(8). "Service-disabled veteran" means any person who served honorably in active duty in the armed forces of the United States with at least a twenty percent (20%) disability that is service-connected, i.e., the disability was incurred or aggravated in the line of duty in the active military, naval or air service.

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Active Employees means all employees employed on the Closing Date by Seller for its business who are employed exclusively in Seller’s business as currently conducted, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave, but excluding employees on long-term disability leave.

  • 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.

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Hired Employee has the meaning set forth in Section 6.1.6.

  • 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).

  • Current Employees has the meaning set forth in Section 6.4(a).

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Target Group means the Target and its Subsidiaries.