Offer Employee definition

Offer Employee has the meaning set forth in Section 6.5(b).
Offer Employee means each employee who is employed by the Company or its Affiliates (other than a SpinCo Group Member or a Direct Sale Transferred Subsidiary) and is providing at least 80% of such employee’s business services in support of the Tiger Business, provided such employee is not an Automatically Transferring Tiger Employee.
Offer Employee means Employee, other than a Transferred FH Company Employee, to whom the Transfer Regulations do not apply.

Examples of Offer Employee in a sentence

  • Not later than thirty (30) days prior to the anticipated date of Closing (or such greater period as required by applicable Law), Buyer shall or shall cause one of its Affiliates to offer employment with Buyer or one of its Affiliates to each then-current Offer Employee, commencing as of the Closing on the terms set forth in this Article VI.

  • If any Offer Employee requires a work permit or employment pass or other legal or regulatory approval for his or her employment with Purchaser or its affiliates, Purchaser shall, and shall cause its affiliates to, use their commercially reasonable efforts to cause any such permit, pass or other approval to be obtained and in effect prior to the Closing.

  • Notwithstanding the foregoing, to the extent permitted by applicable Law, if an applicable work permit for an Offer Employee is not in place with Purchaser or its affiliate as of the Closing, such Offer Employee shall be treated as an Inactive Employee hereunder in accordance with Section 5.6(n).

  • For the avoidance of doubt, Purchaser and its affiliates shall have no obligation to make an offer of employment to or continue the employment of any Business Employee other than any Offer Employee, and nothing herein shall be construed as a representation or guarantee by Seller that any Offer Employee will accept the offers of employment, or offers to continue or accept employment, with Purchaser.

  • From the date of this Agreement until the Closing Date, Seller shall not (a) terminate any Offer Employee, except for cause, or (b) relocate, or agree to relocate, any Offer Employee to another branch or office of Seller or any affiliate of Seller unless Buyer has notified Seller that such Offer Employee has declined or intends to decline Buyer’s offer of employment.


More Definitions of Offer Employee

Offer Employee means a Business Employee who is employed by Seller or an Affiliate of Seller other than an Acquired Company.
Offer Employee means each Current Business Employee who is not a Transferred DPC Company Employee or Joint Venture Employee.
Offer Employee shall have the meaning set forth in Section 5.10(b)(iii).
Offer Employee has the meaning set forth in the Employee Matters Agreement.
Offer Employee has the meaning set forth in Section 10.1(a).
Offer Employee has the meaning set forth in Section 4.4(c).
Offer Employee means each SpinCo Employee identified on the Census as an “Offer Employee,” as such Census may be updated as permitted pursuant to Section 6.1(h) of the Merger Agreement.