Examples of International Business Employee in a sentence
Effective as of the Closing, each International Business Employee shall cease to be employed by Seller or any of its Affiliates, as applicable.
Parent and Purchaser shall cooperate in good faith to effect the transfer of employment of each International Business Employee to Purchaser or an Affiliate thereof in a manner that avoids or minimizes the incurrence of any severance obligations.
For purposes of this Agreement, (i) any U.S. Business Employee whose employment transfers pursuant to this Section 6.1 shall be referred to as a “U.S. Transferred Employee,” and (ii) any International Business Employee whose employment transfers pursuant to this Section 6.1 shall be referred to as an “International Transferred Employee” (collectively, the “Transferred Employees”).
No International Business Employee has transferred to any Transferred Company or Subsidiary thereof under a Relevant Transfer who at any time before the Relevant Transfer: (i) was a member of a defined benefit occupation pension plan; or (ii) was a member of a plan providing an interest in or option over stock where that plan has not been materially replicated.
In addition, with respect to each material International Transferred Company Benefit Plan (other than any employment agreement or individual service agreement with any International Business Employee), the Sellers have made available a copy of the documents governing such material International Transferred Company Benefit Plan and all amendments thereto.
Each such International Business Employee who accepts such an offer of employment, along with each U.S. Business Employee, each Quebec Business Employee and each Automatic Transfer Employee who becomes an employee of Buyer or an Affiliate of Buyer pursuant to Section 8.3 or Section 8.4, and each Inactive U.S. Business Employee who becomes an employee of Buyer or one of its Affiliates pursuant to this Section 8.3(c) is referred to herein as a “Continuing Employee”.
In connection with his duties as Chairman and Dean xx the School of International Business, Employee will be appointed to serve as a member of the Board of Directors of the Company (the "Board").
This Agreement may be executed in more than one counterpart, each of which so executed, either manually or electronically, either delivered to other Party by mail or electronically, shall be deemed to be an original, and such counterparts together shall be but one and the same instrument.
For purposes of this Agreement, (i) any U.S. Business Employee whose employment transfers pursuant to this Section 6.1 shall be referred to as a “U.S. Transferred Employee” and (ii) any International Business Employee whose employment transfers pursuant to this Section 6.1 shall be referred to as an “International Transferred Employee” (collectively, the “Transferred Employees”).
Where Applicable Law does not provide for the transfer of employment of an Active International Business Employee upon consummation of the transactions contemplated by this Agreement, Buyer shall make offers of employment, effective as of the Closing Date, to such Active International Business Employee.