Recognized Employment definition

Recognized Employment shall include only employment since the Participant’s most recent date of hire by the Company or any Affiliate, and shall not include employment with a company acquired by UnitedHealth Group or any Affiliate before the date of such acquisition.
Recognized Employment means employment with the Company or any Subsidiary, and shall not include employment with a company acquired by the Company or any Subsidiary before the date of such acquisition; provided that, with respect to a Participant whose employment with the Company or a Subsidiary terminates and who is subsequently rehired, Recognized Employment shall include all time periods of the Participant’s employment with the Company or a Subsidiary.

Examples of Recognized Employment in a sentence

  • A Participant whose employment with the Employer terminates and who subsequently is reemployed by the Employer shall immediately reenter the Plan as a Participant upon the Participant's return to Recognized Employment.

  • If the employee is not then employed in Recognized Employment, the employee shall become a Participant on the first date thereafter upon which the employee enters Recognized Employment.

  • If the employee is not then employed in such Recognized Employment, the employee shall become a Participant on the first day thereafter upon which the employee enters such Recognized Employment.

  • No reclassification of a person's status with the Employer, for any reason, without regard to whether it is initiated by a court, governmental agency or otherwise and without regard to whether or not the Employer agrees to such reclassification, shall result in the person being included in Recognized Employment, either retroactively or prospectively.

  • Remuneration paid by the Employer for employment that is not Recognized Employment shall not be taken into account in determining a Participant's Recognized Compensation.

  • The Employer's classification of a person at the time of inclusion or exclusion in Recognized Employment shall be conclusive for the purpose of the foregoing rules.

  • Any uncertainty concerning a person's classification shall be resolved by excluding the person from Recognized Employment.

  • Remuneration paid by the Employer for employment that is not Recognized Employment shall not be taken into account in determining a Participant’s Recognized Compensation.

  • Any uncertainty concerning an individual’s classification shall be resolved by excluding the individual from Recognized Employment.

  • The Employer’s classification of an individual at the time of inclusion in or exclusion from Recognized Employment shall be conclusive for the purpose of the foregoing rules.