Target Employee definition

Target Employee means a current employee of the Target.

Target Employee means any current or former employee, independent contractor or director of any Target Company or its Affiliates.

Target Employee has the meaning set forth in Section 3.12(a).

Examples of Target Employee in a sentence

• Target has also furnished Acquiror with the most recent Internal Revenue Service determination letter issued with respect to each such Target 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 Employee Plan subject to Code Section 401(a).

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

• Target has also furnished Acquiror with the most recent Internal Revenue Service determination or opinion letter issued with respect to each such Target 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 Employee Plan subject to Code Section 401(a).

• Target has also furnished Acquiror with all registration statements and prospectuses prepared in connection with each Target Employee Plan.

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

More Definitions of Target Employee

Target Employee means any current or former employee, consultant or director of Target or any Target Affiliate;

Target Employee has the meaning set forth in Schedule 5.11.

Target Employee has the meaning set forth in Section 6.8.

Target Employee s years of service with MAI will not be considered for purposes of computing the pension benefit to which that employee is entitled under ONA's Defined Benefit Pension Plan. However, those years of service with MAI will be considered for Equipment Support Subcontract - 2 11/25/96 MAI Systems Corp. 3 purposes of satisfying the vesting requirements of that plan. Regardless of a Target Employee's ONA hire date, such employee shall not become a participant in ONA's Defined Benefit Pension Plan until at least January 1, 1997.

Target Employee shall have the meaning set forth in Section 7.7(d).

Target Employee shall have the meaning set forth in Section 2.12(a).

Target Employee has the meaning set forth in Section 2.10(a)(ii).