Seller Retained Employees definition

Seller Retained Employees has the meaning set forth in Section 5(v).
Seller Retained Employees means those employees of Seller identified by Seller as “Seller Retained Employees” between the date hereof and the Closing Date whose employment is reasonably necessary to facilitate Seller’s post-Closing operations and not primarily related to the operations of the Business; provided that the aggregate number of Seller Retained Employees shall not exceed twenty-five (25) employees of Seller; provided, further, that “Seller Retained Employees” does not include any employees of Seller who remain at Seller on a temporary basis, pending approval of a visa covering employment with the Company, and whose services are provided to the Company pursuant to a mutually agreed services agreement.
Seller Retained Employees shall have the meaning given such term in Section 5.10(a) hereof.

Examples of Seller Retained Employees in a sentence

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  • Parent shall be solely responsible and shall indemnify and hold harmless Buyer, the Transferred Companies and their respective Affiliates from Losses relating to the terminations or transfers of employment of Remote Employees and Seller Retained Employees described in this Section 9.3(b), other than, in the case of the Remote Employees, as a result of Buyer’s (or its Subsidiaries’) failure to comply with its obligations as set forth in this Section 9.3(b).


More Definitions of Seller Retained Employees

Seller Retained Employees means Business Employees who are not offered employment with, or who do not accept employment with, Buyer or one of its Subsidiaries.
Seller Retained Employees means the employees of the Target Companies listed on Exhibit J attached hereto.
Seller Retained Employees has the meaning set forth in Section 8.8.
Seller Retained Employees has the meaning ascribed to such term in the Purchase Agreement. Table of Contents
Seller Retained Employees means those employees of the Company or its Subsidiaries who the Seller shall retain prior to the Closing, the list of which has been provided to the Purchaser by the Seller five (5) Business Days prior to Closing.
Seller Retained Employees means Xxxxxxx Xxxxx, Xxxxxx Xxxx, Chuanjian Gong, Xxxxx Xx, Xxxx Xxx, Xxxx Xxx, Yaofeng Ni, Xxxxxxx Xxxxx, Xxxxx Xxxx and Xxxxx Xxxxxxx;

Related to Seller Retained Employees

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

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

  • Hired Employees has the meaning set forth in Section 6.1(a).

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

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

  • 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.

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

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

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

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

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

  • Excluded Employees shall have the meaning set forth in Section 5.1.2.

  • 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.

  • 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.

  • Hired Employee has the meaning set forth in Section 6.1.6.

  • Part-Time Employees means employees employed on a permanent basis, but obligated to work less than a full (i.e., forty-hour) work week.

  • Key Employees means each of the following individuals: Xxx Xxxxxxx, Xxxxx Xxxxxxxx, Xxxxx Xxxxxx and Xxxxx Xxxxxxx.

  • Transferring Employees means employees of the Incumbent Contractor who are wholly or mainly assigned to work in the provision of the Service and who are subject of a Relevant Transfer to the Contractor by virtue of the application of the TUPE Regulations.

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

  • Current Employees has the meaning set forth in Section 6.4(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.

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

  • Covered Employees has the meaning set forth in Section 5.11(a).

  • Other Employees means, all the employees other than the Directors, KMPs and the Senior Management Personnel.

  • Seller 401(k) Plan has the meaning set forth in Section 5.5(e).

  • Casual Employees means employees who are employed on a casual basis and includes persons who are employed for periods not exceeding five days at any one time.