ITT Employees definition

ITT Employees means persons who, immediately after the Distribution Date, are employed by ITT, including such persons absent from work at ITT by reason of layoff, leave of absence or disability.
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ITT Employees means (i) persons employed in the United States on a salaried basis by the ITT Group immediately prior to the Distribution, except those persons who are employed by CWI and MSG as of such time; (ii) persons employed in the United States by ITT Hartford immediately prior to the Distribution; (iii) persons employed on an hourly basis by the ITT Group immediately prior to the Distribution who have accrued benefits under the ITT Salaried Retirement Plan, the Sheraton Salaried Retirement Plan or the ITT Hartford Retirement Plan and (iv) persons included in clauses (i), (ii) and (iii) above who are absent from work immediately prior to the Distribution by reason of layoff, leave of absence or disability.
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ITT Employees means persons who, immediately after the Distribution Date, are employed by ITT, including such persons absent from work at ITT by reason of layoff, leave of absence or disability. “ITT Group” means ITT and its affiliates prior to the Distribution. “ITT Indemnitees” has the meaning set forth in the Distribution Agreement. “ITT Plans” means the ITT Deferred Compensation Plan, the ITT Defined Benefit Plans, the ITT Defined Contribution Plans, the ITT Director Plan, the ITT Excess Pension Plan, the ITT Excess Savings Plan, the ITT Non-Qualified Plans, the ITT Non-US H&W Plans, the ITT Non-US Pension Plans, the ITT Non-US Unfunded Plans, the ITT Long-Term Disability Plan, the ITT Stock Plans and any other plan, program or arrangement maintained for the benefit of ITT Employees prior to the Distribution Date. “ITT Retained Business” has the meaning set forth in the Distribution Agreement. “ITT Retiree” means any retired employee of ITT or any of its predecessors. “ITT stock awards” has the meaning set forth in Section 7 of this Agreement. Table of Contents
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Examples of ITT Employees in a sentence

  • If the funding situation allows for USAID to continue with co-creation, a technical officer involved in reviewing the concept will send an email (USAID staff, please email pscp@usaid.gov for templates) to the private sector partner(s) named in the concept, indicating that the technical team wishes to continue with the co-creation of the collaboration.

  • ITT stock awards held by ITT Employees and ITT Retirees shall be adjusted to reflect the Distribution, as provided pursuant to the terms of the ITT Stock Plans, such that they retain ITT stock awards (but not stock awards payable in Water or Defense shares) following the Distribution Date.

  • Effective as of the Distribution Date, ITT shall remain liable for benefits accrued under the ITT Deferred Compensation Plan identified as Item 2 on Schedule 4(a)(ii) prior to the Distribution Date with respect to ITT Employees and ITT Retirees.

  • ITT shall be liable for and make any such payments to ITT Employees, including any such payments to be made following the Distribution Date.

  • Effective as of the Distribution Date, all ITT Employees who participate in the Non-US DB Plan identified as the British DB Plan as Item 22 on Schedule 3(a)(iii) will cease participation in the British DB Plan as of the Distribution Date, shall be vested as of the Distribution Date and shall not continue to earn eligibility service following the Distribution Date.

  • As soon as practicable on or after the execution of this Agreement, ITT, Water and Defense shall use their reasonable best efforts to enter into, or have in place, an employment agreement with each of the Preexisting ITT Employees listed on Schedule 1(d) attached hereto, which employment agreements shall become effective on the Close of the Distribution Date.

  • The matter was not investigated by CPA Ireland in accordance with its Bye Laws and it forms the subject of Allegation 2.

  • Schedule 3(a)(ii) lists each defined benefit pension plan applicable to Preexisting ITT Employees (the “US Non-Qualified DB Plans”).

  • Schedule 5(a)(i) lists each health and welfare plan applicable to Preexisting ITT Employees (the “US H&W Plans”).

  • As soon as practicable on or after the Distribution Date, ITT shall cause the transfer of the sponsorship of the ITT Salaried Investment and Savings Plan identified as Item 1 on Schedule 4(a)(i) to Defense and Defense shall cause the transfer of the accounts of all ITT Employees and Water Employees from such plan to the defined contribution plans adopted by ITT and Water, as applicable.

Related to ITT Employees

  • Former Employees means a former member of management of Icahn Enterprises (or any of its Subsidiaries (including any Guarantors)), other than the Principal, who voluntarily or upon any other termination is no longer employed by any of Icahn Enterprises or any of its Subsidiaries (including any Guarantors) and who holds Equity Interests that are required to be redeemed or purchased pursuant to any contractual requirements upon such termination of employment.

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

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

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

  • Retained Employees has the meaning set forth in Section 6.1.1.

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

  • 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.

  • Hired Employees has the meaning set forth in Section 6.1(a).

  • Relevant Employees means the employees of the Contractor (including the Transferring Employees) who are wholly or mainly assigned to work in the provision of the Services and who are/will be the subject of a Relevant Transfer by virtue of the application of the TUPE Regulations.

  • Permanent Employees means all employees who are not casual employees, or employees working in a long-term supply assignment, as defined below.

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

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

  • Designated Employees means a person occupying any of the following position in the Company:

  • Union Employees has the meaning set forth in Section 6.12(a).

  • Other Employees means, all the employees other than the Directors, KMPs and the Senior Management Personnel.

  • Returning Employees means those persons listed in a schedule to be agreed by the Parties prior to the end of the Contract Period who it is agreed were employed by the Contractor (and/or any Sub-Contractor) wholly or mainly in the supply of the Services immediately before the end of the Contract Period.

  • Casual Employees means employees who are employed on a casual basis and includes persons who are employed for periods not exceeding five days at any one time.

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

  • 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.

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

  • Part-Time Employees means employees employed on a permanent basis, but obligated to work less than a full (i.e., forty-hour) work week.

  • Key Employees means each of the following individuals: Xxx Xxxxxxx, Xxxxx Xxxxxxxx, Xxxxx Xxxxxx and Xxxxx Xxxxxxx.

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

  • Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.

  • Separated employees means persons who separate from

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.