New Purchaser Employees definition

New Purchaser Employees shall have the meaning set forth in Section 7.11 of this Agreement.
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New Purchaser Employees means the Employees who accept employment with Purchaser effective from and after the Employee Termination Date.
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New Purchaser Employees means the Employees who accept employment with, or whose employment is assumed by, Purchaser or any JDA Sub effective as of the Closing Date, as described in Section 10.1 hereof.
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Examples of New Purchaser Employees in a sentence

  • Purchaser also shall credit New Purchaser Employees for amounts paid under Target Benefit Plans for the plan year for purposes of applying deductibles, co-payments and out-of-pocket maximums under the employee benefit plans of Purchaser.

  • An offer of employment shall be made by Parent or Purchaser to Seller employees employed by the Business ("Prospective New Purchaser Employees").

  • Purchaser also shall credit New Purchaser Employees for amounts paid under Target Benefit Plans for the plan year including the Effective Time for purposes of applying deductibles, co-payments and out-of-pocket maximums under the Purchaser Benefit Plans.

  • For purposes of eligibility and vesting (but not with respect to any defined benefit plans or post-employment arrangements) under Purchaser’s employee benefit plans and arrangements, Purchaser will credit the service time of the New Purchaser Employees with Seller prior to the applicable Employment Date.

  • The Seller and Purchaser intend that no COBRA obligations will arise with respect to the Seller's Code Section 125 Plan with respect to New Purchaser Employees whose Code Section 125 health and/or dependent care accounts are transferred to Purchaser pursuant to (iii) below.

  • All obligations of Seller to the New Purchaser Employees (as defined below) and its current or former employees that arose during the term of their employment with Seller, including obligations for salary, sales commissions, bonus compensation, payroll taxes, fringe benefits and severance pay, are and shall remain, the sole obligations of Seller.

  • All employment arrangements between Purchaser and such employees to be hired by Purchaser (the "New Purchaser Employees") will be negotiated directly between Purchaser and such employees.

  • New Purchaser Employees will accrue vacation and/or paid time off under Purchaser’s policies beginning as of the Employment Date.

  • Section 54.4980B-9, A-4) other than those who become New Purchaser Employees.

  • Nothing in this Agreement shall confer any rights or remedies on any employee of any Seller, including the Prospective New Purchaser Employees, and no such employee shall be deemed a third party beneficiary to any provision of this Agreement.


More Definitions of New Purchaser Employees

New Purchaser Employees means the Employees who are offered and accept employment by Purchaser from and after the Closing pursuant to Section 8.6(d) hereof.
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Related to New Purchaser Employees

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

  • Purchaser Plans shall have the meaning set forth in Section 6.6(a)(v).

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

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

  • Purchaser/ User means ultimate recipient of goods and services

  • Transferring Employees means employees of the Incumbent Contractor who are wholly or mainly assigned to work in the provision of the Service and who are subject of a Relevant Transfer to the Contractor by virtue of the application of the TUPE Regulations.

  • Servicer Employees As defined in Section 2.12.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

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

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

  • Former Employees means Former Parent Group Employees and Former SpinCo Group Employees.

  • Transferring Supplier Employees means those employees of the Supplier and/or the Supplier’s Sub-Contractors to whom the Employment Regulations will apply on the Service Transfer Date.

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

  • Purchaser Benefit Plans has the meaning set forth in Section 8.7(d).

  • Purchaser Group means, at any time, the group of companies comprised of the Purchasers, the Guarantor and the Guarantor’s subsidiaries at that time.

  • Owner-Employee means a Self-Employed Individual who is a partner and owns more than 10% of either the capital or profits interest of the partnership.

  • Managing Employee means a general manager, business manager, administrator, director, or other individual who exercises operational or managerial control over, or who directly or indirectly conducts the day-to-day operation of an institution, organization, agency or business entity;

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

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each "employee benefit plan," within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • Servicer Employee As defined in Section 3.18.

  • Non-Officer Employee means any person who serves or has served as an employee or agent of the Corporation, but who is not or was not a Director or Officer;

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

  • Continuing Employee has the meaning set forth in Section 6.7(a).

  • Purchaser Affiliate means any affiliate of the Purchaser, including a transferee who is an affiliate of the Purchaser, and any person who controls the Purchaser or any affiliate of the Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act; and

  • Dte. GHS means Directorate General and Health Services, MOH&FW.

  • 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.