Retained Management Employees definition

Retained Management Employees has the meaning set forth in Section 6.10(e).
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Retained Management Employees shall have the meaning provided in Section 10.1(a).
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Examples of Retained Management Employees in a sentence

  • The Company shall, and shall cause each Group Company (including Prime Manager if it is a Group Company), to terminate the employment of all Employees other than the Retained Management Employees and the Retained Property Employees prior to the Closing.

  • Parent REIT and Parent OP shall provide the Company with a list of any designed Retained Management Employees (to whom offers of employment will be made effective at the Closing if Prime Manager is not a Group Company) and Retained Property Employees as soon as practicable but no later than 75 days following the date hereof.

  • Parent REIT and Parent OP shall, and shall use reasonable efforts to cause, such current Retained Property Employees and Retained Management Employees to be given credit under such plans for co-payments made, and deductibles satisfied, prior to the Closing Date.

  • Notwithstanding the foregoing, Purchaser acknowledges that Seller has the right, but is not required, to retain any management-level Deaconess Employee who does not accept Purchaser's employment offer made under this Section 10.1(a), which individuals will remain employed by Seller as of the Closing Date (the "Retained Management Employees").

  • Effective on the Transition Date, the Hospitals' Employees (other than the Retained Management Employees) shall cease to be employees of Seller and Seller's affiliates including the Subsidiaries, and shall be removed from such entities' respective payrolls.

  • Upon the Effective Time, the Hospitals' Employees (other than the Retained Management Employees) shall cease to be employees of Seller and Seller's affiliates, and shall be removed from such entities' respective payrolls.

  • Upon the Transition Time, the Hospital Employees (other than the Retained Management Employees or the CEO) shall cease to be employees of Seller and Seller's affiliates, and shall be removed from such entities' respective payrolls.

  • Seller shall, and shall cause the Subsidiaries to, terminate effective as of the Effective Time the active participation of all of the Hospitals' Employees (other than the Retained Management Employees) in all of the Seller Plans, and shall cause each Seller Plan to comply with all applicable laws.

  • Seller shall (and shall cause TRH to) terminate effective as of the Effective Time the active participation of all of the Hospitals’ Employees (other than the Retained Management Employees) and the TRH Employees in all of the Seller Plans, and shall cause each Seller Plan to comply with all applicable laws.

  • Notwithstanding the foregoing, Purchaser acknowledges that Seller has the right, but is not required, to retain any management-level Hospitals' Employee who does not accept Purchaser's employment offer made under this Section 5.3(b), which individuals will remain employed by Seller or its applicable affiliate as of the Transition Time (the "Retained Management Employees").

Related to Retained Management Employees

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

  • Management Employee means an employee having responsibility for formulating, administering or managing the implementation of District policies and programs.

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

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Permanent Employees means all employees who are not casual employees, or employees working in a long-term supply assignment, as defined below.

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Active Employees means all employees employed on the Closing Date by Seller for its business who are employed exclusively in Seller’s business as currently conducted, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave, but excluding employees on long-term disability leave.

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

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

  • Designated Employees means a person occupying any of the following position in the Company:

  • Hired Employees shall have the meaning set forth in Section 7.5(a).

  • Excluded Employees has the meaning set forth in Section 14.1.

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

  • Retained Group means, in respect of each Seller, that Seller, its subsidiaries and subsidiary undertakings from time to time, any holding company of the Seller and all other subsidiaries or subsidiary undertakings of any such holding company (excluding the Purchaser, that Seller’s Target Company and any subsidiaries or subsidiary undertakings of that Target Company);

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

  • Replacement Employee means an employee specifically engaged to replace an employee proceeding on parental leave.

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

  • 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.

  • 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.

  • Current Employees has the meaning set forth in Section 5.6(a).

  • Union Employees has the meaning set forth in Section 6.12(a).

  • Relevant Employees means the employees who may be affected by a change referred to in subclause (1).

  • Client employer means an Employer that is involved in a Tri-Party Employment Relationship due to obtaining the services of a third-party entity.

  • Student Employee means a student who is paid by the District, and may include students participating in a work study program or who receive stipends while they are acting within the scope of their employment at the District at the time the intellectual property was created.

  • Senior Management Personnel means personnel of the company who are members of its core management team excluding Board of Directors. Normally, this would comprise all members of management one level below the executive directors, including all functional heads.

  • Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.