Transitioning Employees definition
Examples of Transitioning Employees in a sentence
Transitioning Employees will not be entitled to receive 2 award increases in rates of pay under separate industrial instruments during the same calendar year.
Purchaser and Seller shall cooperate in ensuring that welfare benefit coverage for Transitioning Employees and their eligible dependents on and prior to the Closing is coordinated with such coverage provided after the Closing.
In addition, except as otherwise specifically stated in this Summary Plan Description, all of the Plan's regular rules continue to apply to all Transitioning Employees and their Eligible Dependents.
From and after the Closing, Seller shall remain solely responsible for liabilities for claims of the Transitioning Employees and their eligible dependents incurred prior to the Closing Date under those plans that are health, disability, accident or life insurance plans and Purchaser shall be solely responsible for all such liabilities for claims incurred by any Transitioning Employee and his or her eligible dependents after the Closing Date.
As regards the xxxxx- cial compensation for assuming the pension commitments, time accounts and HR-related provisions (specifically, for anniversary bonus payments and xxxx- tion provisions) due to the Transitioning Employees, the provisions in § 21 shall prevail.
Newly Organized Transitioning Employees and their dependents over the age of 18 who become eligible under this special program are subject to an exclusion from coverage for any pre-existing condition.
Dependents of Transitioning Employees will become Eligible Dependents under this special program only if coverage for the dependents was provided under the Employee's previous group health plan.
From and after the Closing, Seller shall remain solely responsible for liabilities for claims of the Transitioning Employees and their eligible dependents incurred prior to the Closing under those plans that are disability, accident or life insurance plans, and Purchaser shall be solely responsible for all such liabilities for claims incurred by any Transitioning Employee or his or her eligible dependents after the Closing, except as noted in the immediately preceding sentence.
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Some of these novel practices— and companies executing them—are highlighted here:» Guidelines on Transitioning Employees.