Examples of Ultra Group in a sentence
The Ultra Group has a robust business model with excellent order visibility, high returns on invested capital and strong cash generation.
Effective as of the Effective Time, Ultra, acting through the Ultra Entity employing each Ultra Group Employee, will be responsible for establishing new unemployment insurance employer accounts, policies and claims handling contracts with the applicable government agencies.
With respect to Ultra Group Employees (and their qualifying beneficiaries), Ultra shall be liable for all requirements under COBRA with respect to any COBRA qualifying event occurring on or after the earlier of the Distribution Date or the date on which such employee is transferred to Ultra.
The parties agree that the appellant is a preference-eligible employee.
The Liabilities in respect of Ultra Deferred Compensation Beneficiaries under the Delta Deferred Compensation Plans and the assets, if any, segregated in a rabbi trust solely for the purposes of satisfying such liabilities shall be assumed by or transferred to the member of the Ultra Group which sponsors the applicable Ultra Deferred Compensation Plan, effective as of the earlier of the Effective Time or the date on which such plan is established.
Subject to any limitations imposed by applicable Law, Delta and Ultra (acting directly or through members of the Delta Group or the Ultra Group, respectively) shall provide to the other and their respective agents and vendors all information necessary for the Parties to perform their respective duties under this Agreement.
Delta shall have no Liability or obligation under any Delta severance plan or policy with respect to Ultra Group Employees who did not have a termination of employment event giving rise to severance on or prior to the Effective Time.
The Parties acknowledge that the Delta Group or the Ultra Group may provide administrative services for certain of the other Party’s benefit programs for a transitional period under the terms of the Transition Services Agreement.
Ultra shall also be permitted to retain copies of all restrictive covenant agreements with any Delta Group Employee or Former Delta Group Employee in which any member of the Ultra Group has a valid business interest.
Please note that if you leave the Ultra Group before Completion and do not qualify as a “good leaver”, your Sharesave Options will lapse before Completion (depending on when it occurs), meaning that any Choice A instruction you have made will not take effect and you will not receive the One-Off Cash Compensation Payment.