TEPPCO Employee definition

TEPPCO Employee means any individual who is, immediately prior to the date hereof, an Employee of TEPPCO, and (v) the term "DEFS Severance Plan" shall mean that certain 2000 Duke Energy Field Services Severance Benefits Plan as in effect on April 1, 2000. The terms of this Article VII shall govern and control to the extent they are inconsistent or conflict with the terms of Annex A to the Contribution Agreement, and the provisions of Sections 7.3, 7.4 and 7.5 shall be deemed to be a part of Annex A to the Contribution Agreement for purposes of the indemnification provisions of Sections 9.1(iii), 9.2(a)(iv) and 9.2(b)(iv) of the Contribution Agreement. The provisions of Section 5.1 of Annex A to the Contribution Agreement shall apply with respect to the compensation and benefit matters addressed in this Article VII.
TEPPCO Employee means an employee of EPCO who performs services for any TEPPCO Entity or TEPPCO Subsidiary. “TEPPCO Entities” or “TEPPCO Entity” has the meaning set forth in the preamble.
TEPPCO Employee means an employee of EPCO who performs services for any TEPPCO Entity or TEPPCO Subsidiary.

Examples of TEPPCO Employee in a sentence

  • For all purposes of Annex A to the Contribution Agreement and this Article VII (except where specifically provided otherwise), each TEPPCO Employee shall be considered a Retained DEFS Employee.

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  • At the TEPPCO Effective Time, automatically and without any action on the part of the holder thereof, each outstanding Distribution Equivalent Right (“TEPPCO DER”) granted to a TEPPCO Employee pursuant to the TEPPCO Unit Plans shall be assumed by Enterprise and converted into a number of Distribution Equivalent Rights of Enterprise equal to the product of the number of TEPPCO DERs to which such grant was subject at the time of such assumption multiplied by the Exchange Ratio.

  • At the TEPPCO Effective Time, automatically and without any action on the part of the holder thereof, each unvested outstanding restricted TEPPCO Unit granted prior to the date hereof pursuant to the TEPPCO Unit Plans (each, a “TEPPCO Restricted Unit”) and held by a TEPPCO Employee shall be assumed by Enterprise and converted, at the Exchange Ratio, into restricted Enterprise Units.

Related to TEPPCO Employee

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

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

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

  • School employee means (1) a teacher, substitute teacher, school administrator, school superintendent, guidance counselor, psychologist, social worker, nurse, physician, school paraprofessional or coach employed by a local or regional board of education or working in a public elementary, middle or high school; or (2) any other individual who, in the performance of his or her duties, has regular contact with students and who provides services to or on behalf of students enrolled in a public elementary, middle or high school, pursuant to a contract with the local or regional board of education.

  • New employee means a Full-Time Employee first employed by the Company in the Project and who is hired on or after the Effective Date of this Agreement.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.