Seller Employee Agreement definition

Seller Employee Agreement means each management, employment, severance, consulting, relocation, repatriation or expatriation agreement or other Contract between the Seller or any Seller Affiliate and any Seller Employee, other than any such management, employment, severance, consulting, relocation, repatriation or expatriation agreement or other Contract with a Seller Employee which is terminable "at will" without any obligation on the part of the Seller or any Seller Affiliate to make any payments or provide any benefits in connection with such termination.
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Seller Employee Agreement means each management, employment, retention, change in control, severance, consulting, relocation, repatriation or expatriation agreement or other similar Contract between the Seller Group and any In-Scope Employee with respect to which Seller or other Affiliate of Seller has or may have any Liability or obligation.
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Seller Employee Agreement means each management, employment, severance, retention, consulting, advisory, relocation, repatriation or expatriation agreement or other Contract between the Seller or any affiliate of the Seller and any Seller Employee, other than any such management, employment, severance, retention, consulting, advisory, relocation, repatriation or expatriation agreement or other Contract with a Seller Employee that is terminable “at will” without any obligation on the part of the Seller or any affiliate of the Seller to make any payments or provide any benefits in connection with such termination.
Sample 1

Examples of Seller Employee Agreement in a sentence

  • The Seller does not intend nor has it committed to establish or enter into any new Seller Employee Plan or Seller Employee Agreement, or to modify any Seller Employee Plan or Seller Employee Agreement (except to conform any such Seller Employee Plan or Seller Employee Agreement to the requirements of any applicable Legal Requirements, in each case as previously disclosed to the Purchaser in writing or as required by this Agreement).

  • No Seller Employee Agreement and no Benefit Plan will result in gross income inclusion pursuant to Section 409A(a)(1)(A) of the Code after the Closing Date.

  • Seller shall deliver to the Purchaser a complete list of each Seller Employee Agreement within 40 days of the date hereof, but in any event prior to the Closing.

  • The Company and the Purchaser shall have no liability for any Seller Employee Plan or any Seller Employee Agreement.

  • To the Seller’s knowledge no Seller Employee is in breach of any Seller Employee Agreement.

  • Seller shall, effective as of the Closing Date terminate the employment or engagement, as applicable, of all individuals listed on the Final Offer List who accept their Purchaser Offers and, with effect from Closing, release such individuals from any post-termination non-competes or other restraints of trade in their Seller Employee Agreement.

  • The Purchaser shall have no liability for any Seller Employee Plan or any Seller Employee Agreement.

  • Seller Employee Agreement" shall mean any management, employment, severance, change in control, transaction bonus, consulting, relocation, repatriation or expatriation agreement or other Contract between the Seller and any Seller Employee, other than any such Contract that is terminable "at will" and without any obligation on the part of the Seller to make any payments or provide any benefits in connection with termination of such Contract.

  • Borrower shall comply with, and Lender ----------------------- shall have all the rights and remedies of a secured party under, the Uniform Commercial Code, as enacted in Connecticut, as amended.

  • Seller does not intend nor has it committed to establish any new Seller Employee Plan or Seller Employee Agreement, or to modify Seller Employee Plan or Seller Employee Agreement (except to conform them to any applicable Legal Requirements, in each case as previously disclosed to the Buyer Group in writing or as required by this Agreement).


More Definitions of Seller Employee Agreement

Seller Employee Agreement means each management, employment, severance, change of control, consulting, non-compete, confidentiality, or similar contract or commitment pursuant to which any Seller has or may have any Liability contingent or otherwise.
Sample 1

Related to Seller Employee Agreement

  • Company Employee Agreement means each management, employment, severance, retention, transaction bonus, change in control, consulting, relocation, repatriation or expatriation agreement or other Contract between: (a) any of the Company Entities or any Company Affiliate; and (b) any Company Associate, other than any such Contract that is terminable “at will” (or following a notice period imposed by applicable Legal Requirements) without any obligation on the part of any Company Entity or any Company Affiliate to make any severance, termination, change in control or similar payment or to provide any benefit.

  • Employee Agreement means each management, employment, severance, consulting, relocation, repatriation, expatriation, visas, work permit or other agreement, contract or understanding between the Company or any Affiliate and any Employee;

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each "employee benefit plan," within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

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

  • Company Employee means an employee of the Company or an employee of a Subsidiary of the Company, if any.

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • Contract employee means an employee performing services under a PEO services contract or temporary help services contract.

  • Transferred Employee has the meaning set forth in Section 6.01(a).

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

  • 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.

  • Prior Employment Agreement has the meaning set forth in the recitals hereto.

  • Former Employee means an individual who has severed employment with the Employer or an Affiliated Employer.

  • Employment Contract means any contract between the Corporation or any Designated Affiliate and any Eligible Employee, Eligible Director or Other Participant relating to, or entered into in connection with, the employment of the Eligible Employee, the appointment or election of the Eligible Director or the engagement of the Other Participant or any other agreement to which the Corporation or a Designated Affiliate is a party with respect to the rights of such Participant in respect of a change in control of the Corporation or the termination of employment, appointment, election or engagement of such Participant;

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

  • Employment Agreements has the meaning set forth in Section 7.05.

  • 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.

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

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

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Restricted Employee means any person who was a director, employee or consultant of the Company at any time within the Relevant Period who by reason of that position and in particular his seniority and expertise or knowledge of Confidential Information or knowledge of or influence over the clients, customers or contacts of the Company is likely to cause damage to the Company if he were to leave the employment of the Company and become employed by a competitor of the Company;

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Continuing Employee has the meaning set forth in Section 6.7(a).

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

  • Ongoing employee means an employee who has been employed for at least one complete standard measurement period.

  • 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.

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.