Rehired Employee means (i) a Transferred Employee who terminates employment with the AbbVie Group after the Distribution Date (or, with respect to a Post-Distribution AbbVie Employee employed by a Deferred AbbVie Local Business, after the consummation of the applicable Local Closing Transaction) and is subsequently rehired by the Abbott Group during the Transition Period (including an individual whose employment is transferred pursuant to the procedures contemplated by Section 2.04(b)); (ii) an Abbott Retained Employee who terminates employment with the Abbott Group after the Distribution Date and is subsequently hired by the AbbVie Group during the Transition Period (including an individual whose employment is transferred pursuant to the procedures contemplated by Section 2.04(b)); or (iii) a Former Employee who commences employment with the Abbott Group or the AbbVie Group during the Transition Period.
Rehired Employee means all Business Employees immediately prior to Closing who are employed by Buyer (or its Affiliate) immediately subsequent to Closing.
Examples of Rehired Employee in a sentence
A Rehired Employee is eligible for a pro-rated vacation benefit and becomes immediately eligible for a vacation benefit on the first date of re-employment.
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The objective of the recruitment process is to attract, select and retain staff who will successfully and positively contribute to the future development of the Trust.
Except as provided in Section 3.01(b)(ii), each Rehired Employee whose rehire does not occur in connection with a transfer pursuant to Section 2.04(b) shall be subject to the hiring Party’s general rules and Benefit Plan terms applicable to rehires.
A Rehired Employee, a Returning Leave Employee, and a Marine Transportation Boat Crew Employee who transfers to an onshore position are eligible for a benefit during the year of rehire or transfer, as provided below.
More Definitions of Rehired Employee
Rehired Employee. Nothing in this Agreement shall obligate Buyer to continue to employ any Rehired Employee for any period of time or limit the ability of Buyer to modify any wage, salary or benefit to any Rehired Employee or terminate the employment of any Rehired Employee at any time following the Severance Date for any reason, including without cause. However, if Buyer fails to offer employment to any person on the list delivered by Sellers in accordance with Section 8.11(a) above, and Sellers terminate any such Employee to whom Buyer fails to offer employment, Buyer shall reimburse Sellers the amount of any out-of-pocket severance expense which is actually paid by any Seller to any such Employee according to Sellers' existing severance policy as provided to Buyer, or as required by applicable law. For purposes of this Section 8.11(b), the term "active Employees" shall include all full-time and part-time employees, employees on military leave, maternity leave, short-term disability and leave under the Family and Medical Leave Act of 1993. Any Employee who is on short term disability or on a leave of absence of the type described above shall remain the liability of Sellers and shall continue to receive benefits to the extent provided under Sellers' employee benefit plans until such time as the Employee actively returns to work with Buyer."
Rehired Employee means any employee of Seller who is offered and accepts employment with Buyer on or before the Transfer Date, with such employment to commence as of the Transfer Date.
Rehired Employee means any employee who terminates employment with the Plan Sponsor and is subsequently rehired by the Plan Sponsor 30 or more days after termination. The term also includes any employee who begins an unpaid leave of absence from the Plan Sponsor and returns from said leave after 30 or more days have elapsed.
Rehired Employee means an Employee who Terminates Employment and subsequently is reemployed by the Employer.
Rehired Employee means an employee who was formerly employed by an executive branch agency of the state as a permanent employee and who is reemployed by the same employer.
Rehired Employee means (i) a Transferred Employee who terminates employment with the AbbVie Group after the Distribution Date (or, with respect to a Post-Distribution AbbVie Employee employed by a Deferred AbbVie Local Business, after the consummation of the applicable Local Closing Transaction) and is subsequently rehired by the Abbott Group during the Transition Period (including an individual whose employment is transferred pursuant to the procedures contemplated by Section 2.04(b)); (ii) an Abbott Retained Employee who terminates employment with the Abbott Group after the Distribution Date and is subsequently hired by the AbbVie Group during the Transition Period (including an individual whose employment is transferred pursuant to the procedures
Rehired Employee. Nothing in this Agreement shall obligate Buyer to continue to employ any Rehired Employee for any period of time or limit the ability of Buyer to modify any wage, salary or benefit to any Rehired Employee or terminate the employment of any Rehired Employee at any time following the Severance Date for any reason, including without cause. For purposes of this Section 8.11(b), the term "active Employees" shall include all full-time and part-time employees, employees on military leave, maternity leave, short-term disability and leave under the Family and Medical Leave Act of 1993. Any Employee who is on short term disability or on a leave of absence of the type described above shall remain the liability of Sellers and shall continue to receive benefits to the extent provided under Sellers' employee benefit plans until such time as the Employee actively returns to work with Buyer.