Examples of Transferred Union Employees in a sentence
During the calendar year in which Closing occurs, all health care expenses incurred by Transferred Union Employees that were qualified to be taken into account for purposes of satisfying any deductible or out-of-pocket limit under Seller's health care plans shall be taken into account for purposes of satisfying any deductible or out-of-pocket limit under Buyer's health care plans for such calendar year.
Buyer agrees to maintain the terms of Buyer's Benefit Plans (i) for Transferred Management Employees for a period of twenty-four (24) months after the Closing Date, and (ii) for Transferred Union Employees for such period as may be required by the IBEW Collective Bargaining Agreement.
In the event the New CBA is finalized and executed prior to the Closing on terms consistent with the provisions of this Section 7.04(b), effective as of the Closing, Purchaser shall, or shall cause its Affiliate to, adopt and assume the obligations of Sellers and their Affiliates under the New CBA arising after the Closing with respect to Transferred Union Employees.
Transferred Union Employees’ benefits determined using this benefit accrual service under Purchasers’ DB Plan will be reduced by the amount of the accrued benefit payable to Transferred Union Employees under the ArvinMeritor, Inc.
Transferred Union Employees shall retain their seniority and receive full credit for service with Seller and its Affiliates in connection with entitlement to vacation and all other benefits and rights under the IBEW Collective Bargaining Agreements to which seniority or years of service are applicable.
Notwithstanding any other provision of this Agreement, Employees who become employed by the Purchaser as of the Closing who are covered by a collective bargaining agreement on and after the Closing (the "Transferred Union Employees" and, collectively with the Transferred Non-Union Employees, the "Transferred Employees") shall receive benefits in accordance with the terms of such agreement.
Buyer further agrees to recognize the IBEW as the collective bargaining agent for the Transferred Union Employees.
Collectively, Transferred Management Employees and Transferred Union Employees are referred to herein as "Transferred Employees".
All offers of employment made by Buyer pursuant to Section 6.1 shall be made in accordance with all Laws, and for those Transferred Employees covered by the IBEW CBA or the AWSE CBA (such Employees, the "Transferred Union Employees"), in accordance with the IBEW CBA or the AWSE CBA, as applicable (Transferred Employees not covered by the IBEW CBA or the AWSE CBA are referred to herein as "Transferred Non-Union Employees").
The provisions of ARTICLE VI shall not be construed as being for the benefit for any Person other than the parties hereto, and shall not be enforceable by Persons other than such parties (including the Transferred Union Employees and Transferred Non-Union Employees).