Retained Employees definition

Retained Employees has the meaning set forth in Section 6.1.1.
Retained Employees means the Eligible Employees of the Seller and its Affiliates other than the Transferred Employees.
Retained Employees has the meaning specified in Section 7.3(a).

Examples of Retained Employees in a sentence

  • The Company’s election to apply the portion of the Credit based on Incremental Income Tax attributable to New or Retained Employees toward its Income Taxes or withholding obligations is irrevocable and shall be made in the manner prescribed by the Illinois Department of Revenue by January 1, 2025.

  • If the Project is located in an Underserved Area and the Company hires the minimum number of New Employees and the minimum Retained Employees as set forth in Section IV.D and E, then the maximum amount of the annual Credit may be increased by fifty percent (50%) of the Incremental Income Tax attributable to Retained Employees at the Project.

  • The Project, and its New and Retained Employees, shall be substantially and directly engaged in the REV-eligible activity.

  • The Company would not have Placed in Service the Capital Improvements and created or retained the requisite number of New Employees and Retained Employees without the benefits of the Credit.

  • If the Project is not located in an Underserved Area and the Company hires the required minimum number of New Employees and the minimum Retained Employees as set forth in Section IV.D and E, then the maximum amount of the Credit may be increased by twenty-five percent (25%) of the Incremental Income Tax attributable to Retained Employees at the Project.


More Definitions of Retained Employees

Retained Employees is defined in Section 10.03(a).
Retained Employees has the meaning specified in Section 5.16.
Retained Employees has the meaning set forth in Section 11.2.
Retained Employees shall have the meaning set forth in Section 9.9(a).
Retained Employees shall have the meaning specified in Section 4.3(b)(vii).
Retained Employees shall have the meaning set forth in Section 7.1(a).
Retained Employees has the meaning set forth in Section 6.7(b) of this Agreement.