Specified Transferred Employees definition

Specified Transferred Employees has the meaning set forth in Section 7.1.2(c)(ii).
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Examples of Specified Transferred Employees in a sentence

  • Subject to Schedule 2.02(a), GE shall use reasonable best efforts to effect an orderly transition of the Specified Transferred Employees and Specified Employee Assets located in India, Brazil and China, as promptly as practicable, in accordance with applicable Law and pursuant to a timeline and, with respect to Brazil and China, a structure, in each case to be reasonably agreed to by GE and BHGE (which agreement shall not be unreasonably conditioned, delayed or withheld by either GE or BHGE).

  • GE and BHGE have exchanged and acknowledge agreement as to the list of the Specified Transferred Employees and Specified Employee Assets in each jurisdiction (other than Brazil) as of the execution of this Agreement.

  • Nothing in this Section 2.02 shall require BHGE or any of its Affiliates to incur any incremental non de minimis (individually or in the aggregate) fees, costs, expenses or liabilities in respect of a structure for the transfer of the Specified Transferred Employees and Specified Employee Assets in Brazil proposed by GE over the fees, costs, expenses or liabilities in respect of a structure that is preferred by BHGE.

  • For the avoidance of doubt, such vacation accrual rate applicable to Specified Transferred Employees shall not be decreased by the Purchaser or its Affiliates as a result of the obligation in this Section 7.1.2(b)(ii)(B) that the Purchaser or its Affiliates grant such Employees accrued and unused vacation hours due and owing as of the Closing Date.

  • For the avoidance of doubt, such vacation accrual rate and maximum accrual applicable to Specified Transferred Employees shall not be decreased by the Purchaser or an Affiliate of the Purchaser as a result of the obligation in this Section 7.1.2(c) that the Purchaser or its Affiliates grant such Specified Transferred Employees accrued and unused vacation days due and owing as of the Closing Date.

  • Section 7.1.2(c)(i) of the Sellers Disclosure Schedule sets forth the amount of accrued and unused vacation hours that are due and owing to the Specified Transferred Employees as of the date hereof and will be updated by Sellers as of the Closing Date with respect to Specified Transferred Employees who are employed as of that date and have not rejected the Purchaser’s or Designated Purchaser’s offer of employment or continued employment with the Purchaser or Designated Purchaser.

  • For the avoidance of doubt, such vacation accrual rate applicable to Specified Transferred Employees shall not be decreased by Purchaser or an Affiliate of Purchaser as a result of the obligation in Section 7.1.2(c)(iii) that Purchaser or its Affiliates grant such Employees accrued and unused vacation hours due and owing as set forth in Section 7.1.2(c)(iii) of the Sellers Disclosure Schedule.

Related to Specified Transferred Employees

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

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

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

  • 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.

  • Employee Transfer Date means in respect of any particular Transferring Employee the date on which the part of the Services to which they are assigned transfers from the Previous Contractor to the Contractor;

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

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

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

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

  • 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.

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

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

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

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Affected employee means an employee who would be affected by the grant or denial of a variance, or any one of the employee’s authorized representatives, such as the collective bargaining agent.

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

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

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

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

  • Transferring Supplier Employees means those employees of the Supplier and/or the Supplier’s Sub-Contractors to whom the Employment Regulations will apply on the Service Transfer Date.

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

  • U.S. Employee means a person who is an employee of the Company (or of any Subsidiary) for purposes of section 422 of the Code.

  • 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.

  • 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.

  • Casual Employees are employed on an "on call" basis to cover absences due to sick leave, vacation, or other approved leaves, or to augment staff during peak periods or periods of staff shortage.

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