Transferred Hourly Employees definition

Transferred Hourly Employees has the meaning set forth in Section 8.3(a).
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Transferred Hourly Employees means the Transferred Employees who are classified by ANC as of the Separation Date as hourly paid employees.
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Transferred Hourly Employees means the hourly employees who are employed by Sellers in connection with the Business, immediately prior to Closing and identified on Schedule 4.2.A.
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Examples of Transferred Hourly Employees in a sentence

  • Seller shall cause all Transferred Hourly Employees to become 100% vested in their accrued benefits under any defined benefit plan maintained by Seller, and Buyer shall assume no liability under any such plan.

  • The term "Transferred Hourly Employees" shall have the meaning set forth in Section 11.2.

  • All salaried employees of the Business who accept employment with Purchaser and commence such employment as of Closing (the "Transferred Salaried Employees" and, together with the Transferred Hourly Employees, the "Transferred Employees") will be included in Purchaser's benefits plans applicable to such Employees and will be subject to Purchaser's employment policies.

  • Purchaser shall pay and provide wages and benefits to all bargaining unit employees of the Business who accept employment with Purchaser and commence such employment on the day of Closing (the "Transferred Hourly Employees") in accordance with the terms of the applicable Collective Bargaining Agreement.

  • Seller shall make its reasonable best efforts to amend its employee benefit plans so that Transferred Hourly Employees who meet the eligibility requirements for retiree medical benefits by September 30, 2007 (including service with Buyer) can defer retirement from Seller, including the election of retiree medical benefits, until termination of employment from Buyer.

  • Except as provided below, Buyer will provide Transferred Hourly Employees with such terms and conditions of employment as are provided under the terms of the applicable Collective Bargaining Agreement as of immediately prior to the Effective Time; provided, however, that to the extent that welfare benefits are provided to Hourly Employees pursuant to the Transition Service Agreement, Buyer will be deemed to be in compliance with the requirements of this sentence.

  • With respect to those employees of Seller in the Business who are employed by Seller as hourly employees and who are listed on the "Seniority List" maintained by Seller immediately prior to the Closing Date (the "Hourly Employees"), Buyer shall offer employment to all such employees at least 10 days prior to the Closing Date, and those accepting such offers prior to the Closing Date shall become employees of Buyer as of the Closing Date (the "Transferred Hourly Employees").

  • The parties acknowledge that Seller’s employee benefit plans currently require Transferred Hourly Employees who have satisfied the eligibility requirements for retiree medical benefits as of the Effective Time to elect retiree medical benefits upon their termination of employment with Seller.

  • To the extent that service is relevant for purposes of eligibility or vesting under any employee benefit plan, program or arrangement (including any retiree medical program) established or maintained by Buyer for the benefit of Transferred Hourly Employees, such plan, program or arrangement shall credit such Transferred Hourly Employees or former Transferred Hourly Employees for service on or prior to the Closing with Seller, or any Affiliate thereof including the Business.

  • Any such pension plan established pursuant to this Section 8.7 for Transferred Hourly Employees who are subject to any collective bargaining agreement with Seller which is assumed by Buyer hereunder shall bear all costs attributable to benefit increases negotiated in subsequent collective bargaining agreements covering such Transferred Hourly Employees, including benefit increases attributable to years of service prior to the Closing Date.


More Definitions of Transferred Hourly Employees

Transferred Hourly Employees means Transferred Employees who are Hourly Employees immediately prior to the Effective Time.
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Related to Transferred Hourly Employees

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

  • Hourly employee means an employee who is compensated on an hourly basis for each hour of work performed, including time worked beyond 40 hours in a workweek.

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

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

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

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

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

  • 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.

  • Auxiliary Employee meaning an employee who is employed for work which is not of a continuous nature such as: 1. seasonal positions; 2. positions created to carry out special projects or work which is not continuous; 3. temporary positions created to cover employees on vacation, short term disability leave, education leave, compassionate leave, or other leave; 4. temporary positions created by special programs such as the summer student employment program, winter works programs for the unemployed, emergencies such as floods or other special temporary programs;

  • Company Employee means an employee of the Company or an employee of a Subsidiary of the Company, if any.

  • 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.

  • Living Wage Employee means any and all employees of the Contractor and all Subcontractors of the Contractor that perform any part of the Work on a property owned by or leased to the City, including all streets, sidewalks and other public rights of way, for at least one consecutive hour, but excluding Students, volunteers and employees of Social Enterprises;

  • New Mexico Employee means any resident of the State of New Mexico employed by Contractor who performs the majority of the employee’s work for Contractor within the State of New Mexico, regardless of the location of Contractor’s office or offices; and

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

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

  • Part-Time Employees means employees employed on a permanent basis, but obligated to work less than a full (i.e., forty-hour) work week.

  • Transferring Supplier Employees means those employees of the Supplier and/or the Supplier’s Sub-Contractors to whom the Employment Regulations will apply on the Service Transfer Date.

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

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • 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.

  • Public safety employee means a public employee who is employed as one of the following:

  • U.S. Employee means a person who is an employee of the Company (or of any Subsidiary) for purposes of section 422 of the Code.