Terminating Employee definition

Terminating Employee means an Employee of Vornado or any of its Affiliates whose employment is not intended to be continued by Vornado or any of its Affiliates following the Effective Time and is not assigned to a member of the Newco Group, and whose employment is involuntarily terminated by Vornado as of or following the Effective Time.
Terminating Employee means an individual who is either a Terminating Cousins Employee or a Terminating Parkway Employee.

Examples of Terminating Employee in a sentence

  • If, prior to the last business day of the Plan Period, the designated Subsidiary by which an employee is employed shall cease to be a subsidiary of the Company, or if the employee is transferred to a subsidiary of the Company that is not a Subsidiary, the employee shall be treated hereunder as a Terminating Employee.

  • The Company shall take such other actions in furtherance of terminating such Terminating Employee Plan(s) as Parent may reasonably require.

  • The Company also shall take such other actions in furtherance of terminating such Terminating Employee Plan(s) as Parent may reasonably require.

  • Unless Parent provides such written notice to the Company, the Company shall provide Parent with evidence that such Terminating Employee Plan(s) have been terminated (effective as of the day immediately preceding the Closing Date) pursuant to resolutions of the Company’s Board of Directors or other authorized actions.

  • Furthermore, unless expressly provided for in this Agreement or required by applicable Law, no provision in this Agreement shall be construed to create any right to accelerate vesting or entitlements to any compensation or benefit plan on the part of a Continuing Employee, Terminating Employee, or Transferring Employee.


More Definitions of Terminating Employee

Terminating Employee means any individual who was an employee of either the Xxxx Xxx Business or the CoffeeCo Business prior to the Effective Time who has not been offered a permanent post-Separation position with the Xxxx Xxx Business or the CoffeeCo Business, or who has not accepted such an offer, and whose employment will terminate effective on, or within a defined transition period after, the Distribution Date and who will not thereafter be an employee of any of the Xxxx Xxx Parties or the CoffeeCo Parties.
Terminating Employee means an Employee who is not a Transferring Employee;
Terminating Employee means those two Employees listed on Schedule 1.1 who shall be terminated prior to the Effective Time.
Terminating Employee means Xxxx X. Xxxx, Xxxxxx Xxxxxx, Xxxxxx X. Xxxxxxx, Xxx Xxxxxxx, Xxx Xxxxxxx, Xxxx Xxxxxxx, Xx Xxxx and Xxxxxx Xxxx.
Terminating Employee has the meaning set forth in Section 2.3(d).
Terminating Employee shall have the meaning given in Clause 5.7; “Transfer Agreements” means the agreements entered into between the Company and the Council to transfer the Properties and the Business to the Company; and “Value Added Tax” shall have the meaning given in the Value Added Tax Act 1994 and shall include any similar tax whether in substitution thereof or in addition thereto.
Terminating Employee means Xxxx Xxxxxx and Xxxx Xxxxxx.