Terminating Employees definition

Terminating Employees has the meaning set forth in Section 6.9(b).
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Terminating Employees means the employees of the Company and its Subsidiaries set forth on Schedule 6.11, and employees of the Company and its Subsidiaries who otherwise voluntarily terminate their employment with the Company prior to the Effective Time, or otherwise as a consequence of the Merger.
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Terminating Employees has the meaning specified in Clause 3.1.
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Examples of Terminating Employees in a sentence

  • Neither Newco nor its Affiliates shall have any other obligations, or any Liabilities, other than as set forth in this Section 2.7, relating to or with respect to any Employees, Terminating Employees or Former Employees under the NLRA.

  • Vacation Pay for Terminating Employees: All employees who terminate for any reason after completing one full year of continuous service will be paid for his/her earned vacation at the rate of 1/12 for each month worked in the year.

  • Terminating Employees will receive payment for accrued vacation/personal leave and unused compensatory time in a lump sum with the regular biweekly paycheck for the final pay period worked.

  • See HR Advisory: Out Processing Terminating Employees for more information.

  • Terminating Employees shall return all Fairbanks North Star Borough uniforms issued within the last 12 months prior to receiving his/her final paycheck.

  • Terminating Employees will receive their final pay on the next regular payday following the date of termination, except that an Employee dismissed due to a reduction in force shall receive his/her final paycheck on or before the third business day following the last day of employment.

  • The notice will inform the employee that the appointment is being allowed to expire in accordance with the not-to-exceed (NTE) date shown on the appointment document, Standard Form 50, Notification of Personnel Action (see 450.5 a, Sample Letter - Terminating Employee'sLimited Appointment on the Expiration (NTE) Date), or is being terminated prior to the NTE date shown (see 450.5 b, Sample Letter - Terminating Employee's Limited Appointment Prior to the Expiration (NTE) Date).

  • Payments for Fractional Months of Newly Hired and Terminating Employees Employees who work less than a full month will be paid a portion of their monthly rate computed as follows: 1.

  • Terminating Employees: Upon termination of employment, any outstanding vacation pay owing is calculated based on earnings from January 1st to the date or termination minus vacation days that the employee has already taken.

  • Notwithstanding the foregoing, the failure of Acquiror to assume the Target Options held by Terminating Employees will result in the cancellation of such Target Options.


More Definitions of Terminating Employees

Terminating Employees means each of the Employees set forth on Schedule 1.6(d) hereto.
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Terminating Employees means the employees of Wet Products GmbH whose employment is terminated between Closing and January 31, 2004.
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Terminating Employees means employee(s) of the Company set forth on Section 1.6(a)(xl) of the Disclosure Schedule.
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Terminating Employees means employee(s) of the Company and any of its Subsidiaries who are not offered or who do not accept employment (whether as a Continuing Employee or as a Transitional Employee) by Parent or any of its subsidiaries prior to the Effective Time.
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Related to Terminating Employees

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • Returning Employees means those persons listed in a schedule to be agreed by the Parties prior to the end of the Contract Period who it is agreed were employed by the Contractor (and/or any Sub-Contractor) wholly or mainly in the supply of the Services immediately before the end of the Contract Period.

  • Retained Employees has the meaning set forth in Section 8.1.

  • Hired Employees shall have the meaning set forth in Section 7.5(a).

  • Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.

  • Designated Employees means a person occupying any of the following position in the Company:

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

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

  • Separated employees means persons who separate from

  • Key Employees means Xxxxx Xxxxxxx and Xxxxxxx Xxxxxxx.

  • 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.

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

  • Transferring Employees means employees of the Incumbent Contractor who are wholly or mainly assigned to work in the provision of the Service and who are subject of a Relevant Transfer to the Contractor by virtue of the application of the TUPE Regulations.

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

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

  • Former Employees means Former Parent Group Employees and Former SpinCo Group Employees.

  • 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.

  • Excluded Employees has the meaning set forth in Section 2.5(a)(iv).

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

  • Managing Employee means a general manager, business manager, administrator, director, or other individual who exercises operational or managerial control over, or who directly or indirectly conducts the day-to-day operation of an institution, organization, or agency.

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • Active Employees means all employees employed on the Closing Date by Seller for its business who are employed exclusively in Seller’s business as currently conducted, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave, but excluding employees on long-term disability leave.

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

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.

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

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).