Transferred Entity Employees definition

Transferred Entity Employees means each individual who, as of immediately prior to the AOL Asset Distribution Date, is a current or former employee of any AOL Transferred Entity, other than any former employee of an AOL Transferred Entity who, immediately prior to the AOL Asset Distribution Date, is employed by a member of the TWX Group.
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Transferred Entity Employees means the employees, Directors and Workers of the Transferred Entities, other than the Reverse Carve-Out Employees.
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Transferred Entity Employees shall have the meaning specified in Section 7.1(a).
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Examples of Transferred Entity Employees in a sentence

  • To the Knowledge of Sellers, during the past three (3) years there has not been any attempt by any Transferred Entity Employees or any labor organization or other employee representative to organize or certify a collective bargaining unit or to engage in any other union organization activity with respect to the workforce of any Transferred Entity.

  • Except as set forth in Section 3.11(a) of the Sellers Disclosure Letter, neither of the Transferred Entities is involved in, or, to the Knowledge of Sellers, threatened with any material work stoppage, strike, shutdown, lockout, demand for recognition or other material labor dispute, arbitration, lawsuit or administrative proceeding relating to labor matters involving Transferred Entity Employees, and there have been no such actions or disputes in the past three (3) years.

  • For the avoidance of doubt, Buyer shall not be required to make individual offers of employment to a Transferred Entity Employee, and Seller and Buyer acknowledge that applicable Law provides for the automatic transfer of the employment of Transferred Entity Employees upon the purchase of the Transferred Interests and JV Interests.

  • Section 6.1(a) of the Seller Disclosure Letter sets forth the name and title of each Transferred Entity Employee employed in the United States, and Seller will, following the date hereof, update such list to add Transferred Entity Employees employed outside the United States (and will make reasonable best efforts to so update the list within 15 days following the date hereof).

  • Buyer shall, or shall cause one of its Affiliates to, (i) continue to, as of the Closing Date, employ each of the Transferred Entity Employees who are employed immediately prior to the Closing and (ii) prior to the Closing Date (subject to Section 9.01(d) with respect to Leave Recipients) make a written offer, or cause one of its Affiliates (including the Transferred Entities) to make a written offer, of employment, commencing as of the Closing Date, to each Other Included Employee.

  • As of the Closing Date, Purchaser shall cause each of the Transferred Entities to continue to employ on the Closing Date its respective Transferred Entity Employees.

  • Purchaser will establish a tax-qualified defined contribution retirement plan for Transferred Entity Employees within ninety (90) days following the Closing Date.

  • Purchaser shall cause each of the Transferred Entities to continue to employ on and immediately following the Closing Date its respective Transferred Entity Employees.

  • Purchaser shall pay to the Transferred Entity Employees the retention, transaction or sale bonuses (including the employer portion of Taxes related thereto) (collectively, the “Stay Bonuses”) that are outstanding as of the date hereof and scheduled on Section 4.11(i) of the Parent Disclosure Schedule and owed to any such individuals, on the first regularly scheduled payroll date following the Closing.

  • The Transferred Parent Group Employees and the Transferred Entity Employees are collectively referred to herein as the “Continuing Employees”.


More Definitions of Transferred Entity Employees

Transferred Entity Employees means the employees of Atmel UK and Vault-IC.
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Related to Transferred Entity Employees

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

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Business Employees has the meaning set forth in Section 4.10(a).

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

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

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

  • Retained Employees has the meaning set forth in Section 6.1.1.

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

  • 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.

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

  • Current Employees has the meaning set forth in Section 5.6(a).

  • Excluded Employees means those employees listed on Schedule 1.1(w);

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

  • Company Employee means an employee of the Company or any of its Subsidiaries.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • 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.

  • Union Employees has the meaning set forth in Section 6.12(a).

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each “employee benefit plan,” within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • 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.

  • Hired Employees has the meaning set forth in Section 6.1(a).

  • Retained Group means the Seller, its subsidiaries and subsidiary undertakings from time to time, any holding company of the Seller and all other subsidiaries or subsidiary undertakings of any such holding company (except members of the Group);

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

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