Target Company Employee definition

Target Company Employee means any one of them;

Examples of Target Company Employee in a sentence

  • Each contribution or other payment that is required to have been accrued or made under or with respect to any Target Company Employee Plan has been duly accrued and made on a timely basis in all material respects.

  • The Target Company Employee Benefit Plans comply in all material respects with applicable Laws.

  • All premiums, benefits, contributions due to be paid to, and all other liabilities relating to, the Target Company Employee Benefit Plans or social security have been paid when due or have been adequately provisioned for in the Audited Financial Statements.

  • There are no Actions pending or, to the knowledge of the Seller Parties, threatened against any Target Company Employee Plan or against the assets of any Target Company Employee Plan.

  • All Target Company Employee Benefit Plans that are required to be funded and/or book reserved under applicable Laws or pursuant to the Target Company Employee Benefit Plans are funded and/or book reserved based upon reasonable actuarial assumptions.

  • No suit, administrative proceeding, action or other litigation has been brought, or to the best knowledge of any Target Company or Partner, after diligent inquiry, is threatened, against or with respect to any such Target Company Employee Plan, including any audit or inquiry by the IRS or United States Department of Labor.

  • No suit, arbitration, administrative proceeding, action or other litigation has been brought, or to the knowledge of the Target Company is threatened, against or with respect to any such Target Company Employee Plan, including any audit or examination by the IRS or United States Department of Labor.

  • Any bonding required with respect to any Target Company Employee Benefit Plans in accordance with applicable provisions of ERISA has been obtained and is in full force and effect.

  • The Target Companies have also furnished Landec and New Apio with the most recent Internal Revenue Service determination letter issued with respect to each such Target Company Employee Plan, and nothing has occurred since the issuance of each such letter which could reasonably be expected to cause the loss of the tax-qualified status of any Target Company Employee Plan subject to Code Section 401(a).

  • The Target Company has also furnished Parent with a copy of the most recent Internal Revenue Service determination letter issued with respect to each such Target Company Employee Plan, and nothing has occurred since the issuance of each such letter which could reasonably be expected to adversely affect the tax-qualified status of any of the Target Company Employee Plans subject to Code Section 401(a).

Related to Target Company Employee

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

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

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

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

  • 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.

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • 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;

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

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

  • 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.

  • Target Company means each of the Company and its direct and indirect Subsidiaries.

  • Parent Employee means, a current employee of Parent or any of its Subsidiaries.

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

  • 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.

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

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

  • Public employee means an individual holding a position by appointment or employment in the government of this state, in the government of 1 or more of the political subdivisions of this state, in the public school service, in a public or special district, in the service of an authority, commission, or board, or in any other branch of the public service, subject to the following exceptions:

  • Current Employee has the meaning set forth in Section 7.8(a).

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

  • 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.

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • 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.

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

  • SpinCo Employee has the meaning set forth in the Employee Matters Agreement.

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