Station Employees definition

Station Employees has the meaning set forth in Section 12.1.

Station Employees means all persons employed by Seller primarily in the conduct and operation of the Stations.

Station Employees shall have the meaning set forth in Section 6.5.1.

Examples of Station Employees in a sentence

• The gain or loss on the disposal of a subsidiary that results in a loss of control represents the difference between (i) the fair value of the consideration of the sale plus the fair value of any investment retained in that subsidiary and (ii) the Company’s share of the net assets of that subsidiary plus any remaining goodwill relating to that subsidiary and any related accumulated foreign currency translation reserve.

• For: Brotherhood of Railway, Airline and Steamship Clerks, Freight Handlers, Express and Station Employees Int.

• At Closing, the Station Employees shall remain employed by Emmis and leased to Mediaco pursuant to and subject to the terms and conditions of the Employee Leasing Agreement.

• Emmis will be solely responsible for any obligations for continuation coverage under section 4980B of the Code and part 6 of Subtitle B of Title I of ERISA with respect to all of the Station Employees and any other former employees of Emmis, including Employees on Leave, with respect to any “qualifying event” that occurred on or before the Closing Date or, if later, on or before the date any such Station Employee becomes an employee of Mediaco.

• There has never been, nor has there been any threat of, any strike, slowdown, work stoppage, lockout, concerted refusal to work overtime or other similar labor disruption or dispute affecting any Seller with respect to the Stations or any of the Station Employees.

More Definitions of Station Employees

Station Employees means the full-time, part-time and per-diem employees employed by either Seller in the Business.

Station Employees means the employees listed on Schedule Section 12.1 who are employed by Emmis as of Closing and leased to Mediaco pursuant to the Employee Leasing Agreement.

Station Employees means the employees of Sellers performing services in the St. Louis Metropolitan Area for the Stations.

Station Employees means all individuals employed by GTC, GCI, the Limited Partnership or the Station.

Station Employees has the meaning specified in Section 2.11 of this Agreement.

Station Employees shall also include any employee of the Station who is on a short-term disability or other authorized temporary leave from employment by CBS not in excess of 6 months, and Entercom or its designated Affiliate shall offer employment to such person at such time the person is capable and ready to return to active status, provided that such person actually returns to active status within such six (6) month period. Except for any Transferred Employees whose employment contracts are assumed by Entercom under the terms hereof, the terms and conditions of Entercom's employment of the Transferred Employees shall be at-will employment in at least the same positions, for at least the same direct cash compensation, with medical insurance effective as of the earlier of the TBA Commencement Date or the Closing Date and including coverage for any preexisting health conditions that would have been covered by the health plan in which the employee was a participant immediately prior to the earlier of the TBA Commencement Date or the Closing Date and give effect, in determining any periodic deductible and maximum out-of-pocket limitations, to claims incurred and paid by, and amounts reimbursed to, such Transferred Employees prior to the earlier of the TBA Commencement Date or the Closing Date. For purposes of determining the amount of any entitlement of any Transferred Employee under Entercom's benefit and vacation plans, Entercom will take into account and credit such Transferred Employee under Entercom's benefit and vacation plans with the credit for service the Transferred Employee received from CBS immediately prior to the earlier of the TBA Commencement Date or the Closing Date. With respect to any welfare benefit plan (as defined in Section 3(1) of ERISA) of Entercom for the benefit of Transferred Employees, Entercom shall cause all Transferred Employees who actively participated in similar plans of CBS to become a participant in such welfare benefit plan of Entercom as of the earlier of the TBA Commencement Date or the Closing Date. No provisions of this Agreement shall create any third party beneficiary rights of any employee or former employee (including any beneficiary or dependent thereof) of CBS in respect of continued employment (or resumed employment) with CBS or Entercom or in respect of any other matter.

Station Employees has the meaning specified in Section 4.16(a).