Transferred Personnel definition

Transferred Personnel means (i) the Employees who are automatically transferred to the Purchaser Group effective as of the Closing by operation of Applicable Law; (ii) the Contractors who are automatically transferred to the Purchaser Group effective as of the Closing by operation of the Purchaser Group acquiring the Subsidiaries directly contracting with such Contractors; and (iii) Offered Personnel that accept an offer for employment/engagement from the Purchaser Group;
Transferred Personnel means the Potential Transferred Personnel who accept employment with, or are engaged as independent consultants by, or who transfer pursuant to TUPE Regulations to, the Buyers or a Buyer Affiliate at or following Closing.
Transferred Personnel means all CRM Division Employees engaged in the CRM Division prior to the Closing Date, who will become employees or contractors of Purchaser after the Closing Date.

Examples of Transferred Personnel in a sentence

  • Exhibit K sets forth a complete and accurate list of all of the collective rules applicable to the Transferred Personnel as of the date hereof (the "Collective Rules").

  • Except as required by UK Law or as disclosed on Schedule 5.17(a)(iv), the Buyers will not have any obligation to make, any severance, indemnification for dismissal, bonus or other payments to any Transferred Personnel in connection with their employment by the Sellers, RWD Canada or RWD Colombia as a result of the transactions contemplated hereby or by the Transaction Documents.

  • To the extent that any of the foregoing rights were held by such Transferred Personnel and not Licensor, Licensor hereby waives, and agrees never to assert, any claims against the Transferred Personnel arising out of or related to their assignment of the foregoing to Licensee.

  • With respect to the employees of TN Europe or any Subsidiary thereof (the “UK Employees” and, together with the TNI Transferred Personnel, the “Transferred Employees”), the parties acknowledge and agree that the employment of the UK Employees will not be terminated by the Closing except as expressly set forth herein; provided, however, that nothing herein shall in any way limit Purchaser’s right to terminate the employment of any of the Transferred Employees after the Closing Date.

  • As at the date hereof, is not pending nor, to the best knowledge of the Seller, is threatened, any labour dispute between the Seller and any labour organization, or any strike, slowdown, jurisdictional dispute, work stoppage or other similar organized labour activity involving any of the Transferred Personnel, which may affect the Business.


More Definitions of Transferred Personnel

Transferred Personnel is defined in Section 5.1(a).
Transferred Personnel means personnel designated as management of the Group Companies, including without limitation head of accounting, human resource and operation.
Transferred Personnel has the meaning set forth in Section 3.3.
Transferred Personnel means the personnel who accept WVAWC’s offer of employment and commence employment on the Closing Date.
Transferred Personnel means each of the individuals specified in Exhibit 3.
Transferred Personnel has the meaning given in Recital B.
Transferred Personnel has the meaning specified in Section 6.03(d). “Union” means the International Brotherhood of Teamsters, Local 776. “Unscheduled Real Property” has the meaning specified in Section 6.11.