Transferee Employer definition

Transferee Employer any employer of Transferring Former Supplier Employees immediately after a transfer which is a Relevant Transfer (to which the Employment Regulations [shall] apply) of any Service; and
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Transferee Employer and “Transferee Employers” have the meanings set forth in Section 6.8(a).
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Transferee Employer shall have the meaning specified in Section 6.11(a).
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Examples of Transferee Employer in a sentence

  • The foregoing rule shall apply only for the purpose of determining whether the Participant has terminated employment for purposes of the distribution provisions of Article V; it shall not apply, and the Participant shall not be entitled to make additional Deferrals and/or receive additional benefits with respect to remuneration attributable to services rendered with the Transferee Employer (other than deemed investment gain or loss in accordance with Section 4.03).

  • To the extent assets are transferred to a Spin-off Trust and/or a Spin-off Plan, respectively, the Transferee Employer, Spin-off Trust and/or Spin-off Plan shall assume all liabilities hereunder with respect to the affected Participants.

  • The foregoing rule shall apply only for the purpose of determining whether the Participant has terminated employment for purposes of the distribution provisions of this Article 6; it shall not apply, and the Participant shall not be entitled to make additional Deferrals, with respect to remuneration attributable to services rendered with the Transferee Employer.

  • The foregoing rule shall apply only for the purpose of determining whether the Participant has terminated employment for purposes of determining the Participant's distribution commencement date; it shall not apply, and the Participant shall not be entitled to receive additional benefits with respect to remuneration attributable to services rendered with the Transferee Employer.

  • The Spin-off Trust and/or Spin-off Plan shall be binding upon such Transferee Employer, all other Employers and all Participants and Beneficiaries.

  • Participants employed by such Transferee Employer and their respective Beneficiaries shall look solely to such Transferee Employer, the Spin-off Trust and the Spin-off Plan to fulfill any obligations under this Plan as are transferred to and assumed by such Transferee Employer, including, but not limited to, payment of benefits hereunder.

  • The foregoing rule shall apply only for the purpose of determining whether the Participant has terminated employment for purposes of the distribution provisions of Article VI; it shall not apply, and the Participant shall not be entitled to make additional Deferrals, with respect to remuneration attributable to services rendered with the Transferee Employer.

  • In addition, the Company may require that the Transferee Employer establish a plan with such terms that the Transferee Employer deems appropriate, which plan may be substantively identical to the terms of the Plan (“Spin-off Plan”), covering all Participants who provide services for such Transferee Employer.

  • In addition, the Company may require that the Transferee Employer establish a plan with such terms that the Transferee Employer deems appropriate, which plan may be substantively identical to the terms of the Plan ("Spin-off Plan"), covering all Participants who provide services for such Transferee Employer.

  • The foregoing rule shall apply only for the purpose of determining whether the Participant has terminated employment for purposes of the distribution provisions of Section 4.04; it shall not apply, and the Participant shall not be entitled to receive additional benefits with respect to remuneration attributable to services rendered with the Transferee Employer (other than deemed investment gain or loss in accordance with Section 4.03).


More Definitions of Transferee Employer

Transferee Employer has the meaning given to that term in clause 27.4
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Transferee Employer has the meaning given to it in Paragraph 11.1 (Transfer of Employees) of Schedule 5 (Subcontracting and Procurement);
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Related to Transferee Employer

  • 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.

  • Large employer means, in connection with a group health plan or health insurance coverage with

  • Transferring Employee means an employee at the airport who timely transfers to the regional authority by the transfer date.

  • Private employer means any person, company, corporation, labor organization or association which employs ten or more persons.

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

  • New Employer means, after a Change in Control, a Participant’s employer, or any direct or indirect parent or any direct or indirect majority-owned subsidiary of such employer.

  • Prospective employee means any individual who has committed to become an employee of the Company within sixty (60) days from the date an Award is granted to such individual.

  • Public employer means the State of Oregon, and the following political subdivisions:

  • Male employee means an employed male who is caring for a child borne of his spouse or a child placed with the employee for adoption purposes.

  • Eligible employer means an employer that:

  • Affiliated Employer means any corporation which is a member of a controlled group of corporations (as defined in Code Section 414(b)) which includes the Employer; any trade or business (whether or not incorporated) which is under common control (as defined in Code Section 414(c)) with the Employer; any organization (whether or not incorporated) which is a member of an affiliated service group (as defined in Code Section 414(m)) which includes the Employer; and any other entity required to be aggregated with the Employer pursuant to Regulations under Code Section 414(o).

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • School employer means a board of school directors, the

  • Bona fide employee means a person, employed by a bidder and subject to the bidder's supervision and control as to time, place, and manner of performance, who neither exerts, nor proposes to exert improper influence to solicit or obtain contracts nor holds out as being able to obtain any contract(s) through improper influence.

  • Employer as defined in Section 3(5) of ERISA.

  • Designated Employee means an employee who has been designated by the school to receive complaints of hazing, harassment and bullying pursuant to subdivision 16 V.S.A. 570a(a)(7). The designated employees for each school building are identified in Appendix A of this policy.

  • Other Participant means a cooperative project participant other than the United States.

  • Participating public employer means a public employer as defined in ORS 238.005 that

  • Major Participant means each Equity Member and each member of the Proposer’s organization: (a) with primary responsibility for design; (b) with primary responsibility for construction; or (c) with a proposed subcontract with a value greater than or equal to 5% of the contract price or $20 million, whichever is greater.

  • Related Employer means the Employer and (a) any corporation that is a member of a controlled group of corporations as defined in Code Section 414(b) that includes the Employer and (b) any trade or business that is under common control as defined in Code Section 414(c) that includes the Employer.

  • Qualified Participant means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

  • Affiliated employee means any individual employed by a recipient who receives compensation directly from government assistance or a contract with the District of Columbia government, including any employee of a contractor or subcontractor of a recipient who performs services pursuant to government assistance or a contract. The term “affiliated employee” does not include those individuals who perform only intermittent or incidental services with respect to the government assistance or contract, or who are otherwise employed by the contractor, recipient or subcontractor.

  • Non-Key Employee means any Employee who is not a Key Employee.

  • Employee Participant means an Employee who holds an outstanding Award under the terms of the Plan.

  • Transferee Company means any company or body corporate established in the Islands or in any other jurisdiction.

  • Executive Employee means those employees of the Company of Grade Level 10 or above.