Terminated Employees definition

Terminated Employees has the meaning given to it in Section 5.6(a).
Terminated Employees shall have the meaning specified in Section 8.4(a).
Terminated Employees is defined in Section 2.3.3. "Third-Party Claim" is defined in Section 8.5.1(a). "Transition Services Agreement" is defined in Section 6.1(i). "Transaction Tax Deductions" means all applicable deductions of the Acquired Company attributable to the Selling Expenses (including any amount that would have been included in Selling Expenses but for the fact that such amount was paid prior to the Closing) or other expenses economically borne by Seller. "Transfer Taxes" is defined in Section 7.7.6. "Unclaimed Property" means property that has gone unclaimed or abandoned by the rightful owner (including, without limitation, any uncashed dividend or payroll checks, customer deposit, customer overpayment, credit or refund, supplier payment or other tangible or intangible asset held by the Acquired Company), which property is required by applicable Law to be either reported, escheated or otherwise remitted to the applicable Governmental Authority that administers unclaimed or abandoned property or funds. "WARN Act" means the Worker Adjustment and Retraining Notification Act, as amended, and all rules and regulations adopted pursuant thereto, and each similar local, state and foreign Laws and all rules and resolutions adopted pursuant thereto. "Warranty Amount" is defined in Section 2.4. "Working Capital Cash" is defined in Section 2.4. ARTICLE 2

Examples of Terminated Employees in a sentence

  • This payment is intended to be used in connection with payments by Terminated Employees related to the plans described in this subsection 3.07(ii).

  • In the event of a CIC, the Bank will provide to Terminated Employees a lump sum payment in the amount of $5,000 each that is intended to be used for job search-related expenses.

  • The Company shall satisfy in full all Termination Payments with respect to the Terminated Employees.

  • Without limiting the foregoing Section 2.3.3, Seller shall cause all outstanding employee stock grants, options or other equity awards in Seller held by any employee of the Acquired Company (including both Terminated Employees and Acquired Company Employees) (collectively, the "Employee Equity Grants") to fully vest prior to Closing, and shall provide evidence of such vesting to Buyer in a form that is reasonably satisfactory to Buyer.

  • Seller shall have caused the Acquired Company to effectuate a reduction in force to terminate the employment of the Terminated Employees (the "RIF").


More Definitions of Terminated Employees

Terminated Employees shall have the meaning set forth in Section 5.3 of this Agreement; and
Terminated Employees means those individuals employed by the Company whose employment shall be terminated by the Company prior to the Closing Date pursuant to a list to be provided by the Purchaser to the Company prior to the Closing Date;
Terminated Employees has the meaning set forth in Section 11.1.
Terminated Employees is defined in Section 7.5.
Terminated Employees has the meaning set forth in Section 7.8(a).
Terminated Employees shall have the meaning given such term in Section 4.5(a) hereof.
Terminated Employees has the meaning specified in SECTION 8.03(e).