Examples of Subsidiary Employees in a sentence
The restrictions and deferral limitations and other conditions applicable to any other Awards held by Subsidiary Employees shall lapse, and such other Awards shall become free of all restrictions, limitations or conditions and become fully vested and transferable to the full extent of the original grant.
Such stock transfers shall result in each IIS Group Subsidiary becoming (or remaining) a wholly-owned subsidiary or division of ChoicePoint, and shall operate as a transfer of all of the IIS Group Subsidiary Employees to ChoicePoint on a consolidated or Controlled Group basis.
In the event of a Preliminary Change in Control of an Employing Company, such Employing Company shall be obligated to immediately contribute such amounts to the Trust as may be necessary to fully fund all benefits payable to its Subsidiary Employees under the SERP, as determined under Section 10.6 hereof, in accordance with the procedures set forth in Section 10.4 hereof.
None of the Business Employees or Acquired Subsidiary Employees is represented by any labor organization or work council or employee group and, to the Seller’s Knowledge, there have been no union or work council organizing activities or proceedings among any such employees, nor does any question concerning representation exist concerning such employees and, to the Knowledge of the Seller, no such activities or proceedings have been threatened since [****].
In the event of a Preliminary Change in Control of an Employing Company, such Employing Company shall be obligated to immediately contribute such amounts to the Trust as may be necessary to fully fund all benefits payable to its Subsidiary Employees under the DCP in accordance with the procedures set forth in Section 11.4 hereof.
Section 3.19 of the Disclosure Schedule contains a complete and accurate list (organized by individual for persons whose annual rate of compensation exceeds $75,000 and by category for all other persons) of the titles and current annual salary rates of and bonuses paid or payable to all present officers, employees, consultants, contractors and other individuals who perform services for the Company or any Subsidiary ("Employees").
Notwithstanding the foregoing, all then active Seller Employees and all then active Seller Subsidiary Employees shall commence participation in Buyer's Employee Stock Ownership Plan and its Defined Benefit Pension Plan as of the Effective Time.
Seller has made available to each Purchaser a copy (or, with respect to any unwritten arrangement, a description) of each material U.S. Employee Benefit Plan and Non-U.S. Employee Benefit Plan that provides benefit coverage to Business Employees or Indian Subsidiary Employees, the latest summary plan description and the most recent IRS determination letter, if applicable (each of which is listed on Schedule 3.13(a)).
None of the Seller Entities nor the Acquired Entities is a party to any collective bargaining agreement or similar agreement with any labor organization or work council, or work rules or practices agreed to with any labor organization, work council or employee group or employee association applicable to the Business Employees or Acquired Subsidiary Employees.
In the event of a Preliminary Change in Control of an Employing Company, such Employing Company shall be obligated to immediately contribute such amounts to the Trust as may be necessary to fully fund the Pension Benefit and Non-Pension Benefit payable to its Subsidiary Employees under the SBP, the Pension Benefit to be determined under Section 9.6 hereof, in accordance with the procedures set forth in Section 9.4 hereof.