Examples of UK Business Employees in a sentence
Group 2 Optional Services Delete item 26 Delete item 27 Item 25 Changed quantity for Megger Test – All Sites from 50 to 25.
UK Business Employees who transfer under TUPE shall also be Transferring Employees.
The Parties acknowledge and agree that it is intended that the employment of the UK Business Employees shall transfer to Buyer or an Affiliate on the Closing Date pursuant to TUPE on the same terms and conditions as applicable prior to the Closing Date.
Sellers have provided to Buyer all information required by regulation 11 of TUPE in respect of the UK Business Employees.
With respect to U.K. Business Employees, MergerCo shall provide such Business Employees terminated within 12 months of Closing, who otherwise qualify therefor, with severance benefits in accordance with the severance practices set forth in Schedule 8.7(m)-1.
The parties acknowledge the applicability of TUPE to the transactions contemplated by this Agreement and that therefore the contracts of employment of the UK Business Employees (other than terms relating to any occupational pension plan) shall have effect from the Closing Date as if originally made between Buyer or its relevant Affiliate.
To the extent that any provision of this Section 5.6 or the Purchaser Employer Indemnification is inconsistent with the provisions of the UK Business Transfer Agreement, the provisions of the UK Business Transfer Agreement, and not this Section 5.6 or the Purchaser Employer Indemnification, as the case may be, shall apply to the UK Business Employees (as defined in the UK Business Transfer Agreement).
Other than the state pension scheme, the UK Business Employee Plan and the Prestolite Wales Retirement and Death Benefit Scheme are the only schemes or arrangements under which Prestolite has any liability to contribute in respect of pension benefits of any UK Business Employees or any dependant of any UK Business Employees.
For the avoidance of doubt, the UK Transferred Employees shall not include any persons whose employment does not transfer to the UK Acquired Company on Closing, for whatever reason and any employee who is not on the list of UK Business Employees shall not be a UK Transferred Employee.
For purposes of this Agreement, "U.S. Benefit Plans," "Canada Benefit Plans" and "U.K. Benefit Plans" shall mean all Benefit Plans under which any Business Employee who is or was primarily employed in the United States, Canada or the United Kingdom, respectively (collectively, the "U.S Business Employees,""Canada Business Employees" or "U.K. Business Employees," respectively), has any present or future right to benefits.