Leave Employee definition
Leave Employee has the meaning set forth in Section 4.12(4).
Leave Employee has the meaning set forth in Section 7.11(a).
Leave Employee means any Business Employee who, as of the Effective Time, (i) is on a Leave of Absence or receiving long-term disability benefits under a Parent Plan or a SpinCo Plan and (ii) is not a Retained Employee.
Examples of Leave Employee in a sentence
Buyer shall, or shall cause an Affiliate to, provide that for each Business Employee who is or becomes a Leave Employee before the Closing Date that such employee’s offer of employment with Buyer or an Affiliate shall be effective as of the date of such employee’s return to active work, provided that such return to active work occurs on or prior to twelve (12) months following the Closing Date.
More Definitions of Leave Employee
Leave Employee means any Employee who is on short-term disability leave, long-term disability leave, pregnancy or parental leave, absent and in receipt of workers' compensation benefits or on any other form of approved leave, as of the Effective Time.
Leave Employee means any Offer Employee who is inactive by reason of sick leave or short-term disability, long-term disability, pregnancy or parental or other approved or statutory leave of absence, or workers’ compensation.
Leave Employee means an employee of either Seller or CIT as of the Closing Date who performs substantially all of his or her services for the Business and who is not actively at work on the Closing Date on account of illness, disability or other approved leave of absence.
Leave Employee. Section 6.16(a) hereof.
Leave Employee means any Employee who is on short-term disability leave,
Leave Employee shall have the meaning ascribed to such term in Section
Leave Employee means any Employee who is not a Current Employee. “Legal Proceeding” means any claim, action, demand, suit, proceeding or arbitration before any Governmental Body or authorized arbitrator. “Liabilities” means any indebtedness, liabilities, losses, damages, fines, fees, penalties, costs, expenses, commitments or obligations of any kind, whether accrued or not accrued, fixed, known or unknown, absolute or contingent, matured or unmatured, liquidated or unliquidated, determined or determinable, on or off-balance sheet, and whether arising in the past, present or future, and including those arising under any Contract, tort, Legal Proceeding, Law or Order and Environmental Liabilities. “Losses” means any and all Liabilities of any kind, including out-of-pocket losses, damages, costs and expenses, including amounts paid in settlement, interest, court costs, costs of investigation, fees and expenses of attorneys, accountants, financial advisors and other experts, and other expenses of litigation, arbitration or other dispute resolution procedures. “Material Adverse Effect” means any state of facts, circumstance, condition, event, change, development, occurrence or effect, in each case to the extent arising after the Original Execution Date (each, an “Effect”), that, individually or taken together with other Effects, has had or would