Layoff is a cessation of employment, or elimination of a job resulting from a reduction of the amount of work required to be done by the Employer, a reduction in hours of work where such a reduction is permanent and eliminates an employee's health and welfare benefit entitlement, a reorganization, program termination, closure or other material change in organization.
Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.
Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.
SAP Group means SAP Parent and any of its Associated Companies.
Business Employees has the meaning set forth in Section 4.10(a).
Retained Employees has the meaning set forth in Section 8.1.
SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.
Transferred Employees has the meaning set forth in Section 6.4(a).
Seller’s Group means the Seller and any company which is, on or after the date of this Agreement, a subsidiary or holding company of the Seller or a subsidiary of a holding company of the Seller, and excludes, for the avoidance of doubt, any Group Company, and "Seller's Group Company" shall be construed accordingly.
Company Group means the Company and its Subsidiaries.
Business Employee means any individual employed by Seller in or in connection with the Business.
Company Employees shall have the meaning set forth in Section 6.10(a).
DBS Group means DBS Bank Ltd, its subsidiaries, affiliates, branches and related companies.
Minority Group means any of the following racial or ethnic groups:
Combined Group means a group of corporations or other entities that files a Combined Return.
Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.
Participating Companies means any insurance company (including Insurance Company) that offers variable annuity and/or variable life insurance contracts to the public and that has entered into an agreement with one or more of the Funds.
Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.
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.
Transferred Employee has the meaning set forth in Section 6.01(a).
Purchaser’s Group means the Purchaser and its Affiliates from time to time;
Designated Employees means a person occupying any of the following position in the Company:
Group Business Entity means;
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.
Transferred Entities means the entities set forth on Schedule 1.5.
Service Group means any one or more (as the context may require) of the service groups described in this Schedule;