Leave Recipients definition
Examples of Leave Recipients in a sentence
Sellers will not make or deliver any written communication with borrowers or other customers of the Selling Companies or with Prospective Employees or Leave Recipients related to the transactions contemplated hereby without the prior consent of Buyer which consent shall not be unreasonably withheld.
Within ten (10) days prior to the anticipated Closing Date, Sellers shall provide the Buyer with a list of any applicable individuals who are expected to be Qualified Leave Recipients as of the Closing Date and shall update that list from time to time through the Closing Date as necessary.
Within ten (10) days prior to the anticipated Closing Date, the Endo Companies shall provide the Buyers with a list of any applicable individuals (on a no-name basis where required by applicable Law) who are expected to be Qualified Leave Recipients as of the Closing Date, including the Qualified Leave Recipient’s employee identification number, type of leave and their respective expected date of return, if known, and shall update that list from time to time through the Closing Date as necessary.
A list of Leave Recipients as of not later than five Business Days prior to the date hereof has been provided to Buyer.
The employment of Transferred Employees with Buyer or one of its Affiliates (including the Transferred Entities), as applicable, shall be effective as of 12:01 a.m., New York City time, on the Closing Date; provided, that, notwithstanding the foregoing, the employment of Leave Recipients will become effective as provided in Section 9.01(d) above.
Buyer shall, or shall cause one of its Affiliates to, (i) continue to, as of the Closing Date, employ each of the Transferred Entity Employees who are employed immediately prior to the Closing and (ii) prior to the Closing Date (subject to Section 9.01(d) with respect to Leave Recipients) make a written offer, or cause one of its Affiliates (including the Transferred Entities) to make a written offer, of employment, commencing as of the Closing Date, to each Other Included Employee.
Within ten (10) days prior to the anticipated Closing Date, Sellers shall provide Buyers with a list of any applicable individuals who are expected to be Qualified Leave Recipients as of the Closing Date and shall update that list from time to time through the Closing Date as necessary.
Seller will not make or deliver any written communication with borrowers or other customers of Seller or with Prospective Employees or Leave Recipients related to the transactions contemplated hereby without the prior consent of Buyer which consent shall not be unreasonably withheld.
The employment of Transferred Employees with Purchaser or one of its Affiliates, as applicable, shall be effective as of the time of the Closing; provided that, notwithstanding the foregoing, the employment of Leave Recipients will become effective as provided in Section 6.4(a)(ii) above.
The Committee will assign mentors to guide the Sabbatical Leave Recipients.