Transferred Individuals definition

Transferred Individuals means Transferred Employees and Former Defense Employees.
View Source
Transferred Individuals means (i) any present or former employee of any Transferred Group Entity, but shall exclude any former employee of any Transferred Group Entity who is currently employed by the Company or any Subsidiary or retired while an employee of the Company or any Subsidiary, and (ii) any present or former employee of any entity or business relating to the Centralia coal mine or the Centralia steam electric generating plant or any of the businesses related thereto that was disposed of by the Company or any of its Subsidiaries, including such individuals’ beneficiaries, but shall exclude any such employee who is currently employed by the Company or any Subsidiary or retired while an employee of the Company or any Subsidiary from a business other than a business relating to the Centralia coal mine or the Centralia steam electric generating plant or any of the businesses related thereto that was disposed of by the Company or any of its Subsidiaries. The individuals described in clause (ii) shall be identified by reasonable efforts on the basis of employment and benefit records reasonably available to the Company.
View Source
Transferred Individuals has the meaning given to such term in the Employee Benefits Agreement.
View Source

Examples of Transferred Individuals in a sentence

  • NSI and Spinco shall agree on methods and procedures, including amending the respective Plan documents, to prevent Transferred Individuals from receiving duplicative benefits from the NSI Plans and the Spinco Plans.

  • Data Match Effective Immediately after the Distribution Date, Spinco shall assume all Liabilities relating to, arising out of or resulting from claims verified by NSI or Spinco under the Health Care Financing Administration data match reports that relate to Transferred Individuals.

  • As soon as practicable after the Close of the Distribution Date, ▇▇▇▇-▇▇▇▇▇ shall determine the amount of the liabilities under the ▇▇▇▇-▇▇▇▇▇ Executive Benefit Plans that are payable from the ▇▇▇▇-▇▇▇▇▇ Rabbi Trust as of the Distribution Date and the amount of such liabilities attributable to Transferred Individuals.

  • No service anniversary merchandise bearing the corporate name and/or logo of ▇▇▇▇-▇▇▇▇▇ shall be delivered to any Transferred Individuals or other employees and former employees of Tronox and the Tronox Entities with respect to a service anniversary after December 31, 2005 (or such other date on which the parties shall agree), without the express written consent of ▇▇▇▇-▇▇▇▇▇.

  • On the Distribution Date, Tronox shall assume all liability for payments due to the UMWA Combined Benefit Fund with respect to Transferred Individuals.

  • The provisions of this Agreement for the transfer of assets, if any, from certain trusts relating to NSI Plans (including Foreign Plans) to the corresponding trusts relating to Spinco Plans (including Foreign Plans) are based upon the understanding and agreement of the parties that each such Spinco Plan will assume all Liabilities of the Transferred Individuals and corresponding NSI Plan to or relating to Transferred Individuals, as provided for herein.

  • Any final determinations made by NSI with respect to short-term disability claims by Transferred Individuals prior to the Distribution Date shall be final and binding.

  • To the extent the results of an audit result in any correction to the Liabilities involving any Transferred Individuals, Spinco shall be solely responsible for all such costs and expenses associated with such Liabilities and any related corrections.

  • All executives (including Transferred Individuals) holding shares of Ungranted Restricted Stock shall not receive the distribution of Spinco Common Stock on such shares of Ungranted Restricted Stock.

  • As of the Close of the Distribution Date, NSI and Spinco will use their reasonable best efforts to ensure that, to the extent legally permitted: (i) Liabilities of the Foreign Plans of NSI relating to Transferred Individuals shall be assumed by the appropriate Foreign Plans of Spinco; and (ii) an appropriate portion of any assets of the Foreign Plans of NSI shall be transferred to the appropriate Foreign Plans of Spinco, and vice versa.

Related to Transferred Individuals

  • Key Individuals means the Service Provider Representatives identified as being key individuals for the provision of the Services as set out in Schedule 5.5.

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

  • Debarred Individual is an individual who has been debarred by the FDA pursuant to 21 U.S.C. §335a (a) or (b) from providing services in any capacity to a person that has an approved or pending drug or biological product application.

  • Covered individual means a person or entity who is a member of any of the following classes:

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