VISTEON EMPLOYEES definition

VISTEON EMPLOYEES means
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VISTEON EMPLOYEES means:
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VISTEON EMPLOYEES shall also include any Ford employee who transferred to Visteon after the Transfer Date and on or prior to the Distribution Date.
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Examples of VISTEON EMPLOYEES in a sentence

  • Effective on the Benefit Transition Date, Visteon shall establish its own defined contribution pension plan for the benefit of U.S. Visteon Employees that had participated in the SSIP that contains provisions substantially comparable to the SSIP, except that the number of investment elections may be reduced and the Ford Stock Fund election will be replaced with a Visteon Stock Fund election.

  • Visteon shall make grants of Visteon stock options under the VLTIP to eligible Visteon Employees in March 2001, and shall make grants of Performance Stock Rights to eligible Visteon Employees in March, 2001.

  • The Parties agree that the termination of the MSA and the transfer of certain of the Salaried Leased Visteon Employees from Visteon to ACH necessitate a new arrangement pursuant to which ACH's access to, and use of, certain engineering design tools currently provided by Visteon for use by ACH will continue.

  • For purposes of this Agreement, Visteon Employees shall not include any employees hired directly by Visteon after the Transfer Date, except for those specified in (ii) above.

  • Unless otherwise agreed, Ford shall transfer the employment of the Active Ford Business Employees to Visteon effective on the Transfer Date and the Active Ford Business Employees shall become Visteon Employees effective on the Transfer Date.

  • Active and Inactive Visteon Employees who are Transferred Employees transferred to ACH shall be eligible to participate in the ACH Annual Incentive Plan, as applicable depending on salary grade or leadership level, effective on the Employment Date.

  • Adjustments for individual performance may be made to the extent of 50% of the amount of the Extraordinary Contribution Fund that would normally be allocated to the Visteon Employees.

  • Nothing contained herein shall be construed to prohibit Ford or its Subsidiaries or Affiliates from amending, terminating or otherwise modifying the terms of employee benefit plans or programs applicable to Global Visteon Employees, Ford Retirees or Visteon Retirees, except as may otherwise be provided by applicable law.

  • After the Distribution Date, U.S. Global Visteon Employees shall not be eligible to nominate purchasers under the "X-Plan".

  • Within 10 Business Days after the Hourly Transfer Date, ACH shall provide Visteon with a final employee roster ("Final Employee Roster") which shall set forth the final list of Active Visteon Employees whose employment shall transfer from Visteon to ACH effective as of the Hourly Transfer Date.


More Definitions of VISTEON EMPLOYEES

VISTEON EMPLOYEES means (i) Active Ford Business Employees who are transferred to Visteon pursuant to the terms hereof and who are at work on the Transfer Date including those on paid time off (i.e., Jury Duty Pay, Bereavement Pay, Short Term Military Pay, Vacation Pay and Paid Holiday) and those on reduced or <PAGE> 5 alternate worK schedules; and (ii) Inactive Ford Business Employees or Ford Retirees on a disability retirement who are transferred to Visteon pursuant to the terms hereof on the Reinstatement Date or Disability Retiree Reinstatement Date. For purposes of this Agreement, Visteon Employees shall not include any employees hired directly by Visteon after the Transfer Date, except for those specified in (ii) above. "Visteon Employees" shall also include any Ford employee who transferred to Visteon after the Transfer Date and on or prior to the Distribution Date. 1.23 "VISTEON RETIREE" shall mean a former Ford Business Employee, or a surviving spouse or beneficiary of a former Ford Business Employee, who became a Visteon Employee and who terminated service with Visteon after the Benefit Transition Date and is receiving retirement benefits under a Ford sponsored retirement plan and a Visteon sponsored retirement plan. ARTICLE II EMPLOYMENT RESPONSIBILITY 2.01
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VISTEON EMPLOYEES shall also include any Ford employee who transferred to Visteon after the Transfer Date and on or prior to the Distribution Date. 1.23 "VISTEON RETIREE" shall mean a former Ford Business Employee, or a surviving spouse or beneficiary of a former Ford Business Employee, who became a Visteon Employee and who terminated service with Visteon after the Benefit Transition Date and is receiving retirement benefits under a Ford sponsored retirement plan and a Visteon sponsored retirement plan. ARTICLE II EMPLOYMENT RESPONSIBILITY 2.01
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VISTEON EMPLOYEES means U.S. persons represented by the Union, who have seniority status under the Master Visteon CBA as of the day immediately prior to the Conversion Date, who are full-time employees, and who are actively at work at Visteon on the day immediately prior to the Conversion Date including those on contractual paid time off with reinstatement rights (i.e., paid absence for jury duty, bereavement, short term military service, vacation or holiday) ("ACTIVE VISTEON EMPLOYEES"). For avoidance of doubt, Active Visteon Employees shall not include Visteon employees who are not at work at Visteon the day immediately prior to the Conversion Date for reasons other than paid absence for jury duty, bereavement, short term military service, vacation or holiday, such as employees on unpaid leave of absence, layoff status, workers' compensation leave, accident and sick leave or long term disability leave ("INACTIVE VISTEON EMPLOYEES").
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Related to VISTEON EMPLOYEES

  • Union Employees has the meaning set forth in Section 6.12(a).

  • Former Employees means a former member of management of Icahn Enterprises (or any of its Subsidiaries (including any Guarantors)), other than the Principal, who voluntarily or upon any other termination is no longer employed by any of Icahn Enterprises or any of its Subsidiaries (including any Guarantors) and who holds Equity Interests that are required to be redeemed or purchased pursuant to any contractual requirements upon such termination of employment.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Hired Employees has the meaning set forth in Section 6.1(a).

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • Current Employees has the meaning set forth in Section 6.4(a).

  • Non-Employee means a consultant, adviser, service provider, Controlling Shareholder or any other person who is not an Employee.

  • Active Employees means all employees employed on the Closing Date by Seller for its business who are employed exclusively in Seller’s business as currently conducted, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave, but excluding employees on long-term disability leave.

  • Designated Employees means a person occupying any of the following position in the Company:

  • Permanent Employees means all employees who are not casual employees, or employees working in a long-term supply assignment, as defined below.

  • Other Employees means, all the employees other than the Directors, KMPs and the Senior Management Personnel.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Relevant Employees means the employees of the Contractor (including the Transferring Employees) who are wholly or mainly assigned to work in the provision of the Services and who are/will be the subject of a Relevant Transfer by virtue of the application of the TUPE Regulations.

  • Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.

  • Casual Employees means employees who are employed on a casual basis and includes persons who are employed for periods not exceeding five days at any one time.

  • Excluded Employees shall have the meaning set forth in Section 5.1.2.

  • Retiree Health Plan means an "employee welfare benefit plan" within the meaning of Section 3(1) of ERISA that provides benefits to individuals after termination of their employment, other than as required by Section 601 of ERISA.

  • Key Employees means each of the following individuals: Xxx Xxxxxxx, Xxxxx Xxxxxxxx, Xxxxx Xxxxxx and Xxxxx Xxxxxxx.

  • Part-Time Employees means employees employed on a permanent basis, but obligated to work less than a full (i.e., forty-hour) work week.

  • Public employees retirement system means the retirement plan and program

  • Servicer Employees As defined in Section 2.12.

  • Technical Employees means those employees having special and specific engineering, geological or other professional skills, and whose primary function in Joint Operations is the handling of specific operating conditions and problems for the benefit of the Joint Property.