Worksite Employees means any employee of the Company or any of its Subsidiaries that is also employed by one of the Company's or any of its Subsidiary's clients.
Worksite Employees means individuals hired by TotalSource and assigned to Client's worksite, after the individuals have satisfactorily completed TotalSource pre-employment paperwork; and background screen(s), as necessary. Client agrees to submit to TotalSource the completed TotalSource pre-employment paperwork no later than two (2) business days after the date Client selects the person for employment as a Worksite Employee. The term excludes 1) those employees hired by TotalSource to perform services for TotalSource and not assigned to any Client's worksite (i.e., TotalSource Corporate Employees), and 2) independent contractors or individuals who may be providing services to Client through any other arrangement entered into solely by Client. TotalSource will notify all Worksite Employees in writing about the PEO arrangement at the beginning and end of this Agreement. During this Agreement, both Client and TotalSource will employ each Worksite Employee. This Agreement does not change the underlying employment relationship between any Worksite Employee and Client that existed prior to or may be created after the Effective Date. Further, this Agreement does not create any rights for any Worksite Employee that did not previously exist (e.g., creating an employment contract with the Worksite Employee). Any responsibility and/or liability with regard to any employment contracts, including agreements for severance, commissions, vacation, paid time off accruals, and bonus payments (Employment Agreements) between Client and any Worksite Employee remains the exclusive responsibility and liability of Client (such as the negotiation, performance, compliance, interpretation, renewal, enforcement, and termination of such Employment Agreements). TotalSource's involvement with respect to any Employment Agreement is limited to processing Worksite Employee payroll in conformity with information provided by Client. Client agrees not to solicit for employment, directly or indirectly, TotalSource Corporate Employees during this Agreement and for a period of one year subsequent to the termination of this Agreement. TotalSource agrees not to solicit Client's Worksite Employees to become TotalSource Corporate Employees, directly or indirectly, during this Agreement and for a period of one year subsequent to the termination of this Agreement.
Worksite Employees means all Persons (including Company Employees or other Persons who perform services for or on behalf of the Company), whether classified as an employee, independent contractor, consultant, or otherwise, who perform services for the clients or customers of the Company or any of its Subsidiaries, or any other third party, through the Company or any of its Subsidiaries or pursuant to a contract or other arrangement between the Company or any of its Subsidiaries and such client, customer, or other third party, including any Person who is identified by a contract between the Company or any of its Subsidiaries and a customer as a co-employee of the Company or any of its Subsidiaries and a Person that is not under common control with the Company or any of its Subsidiaries.
Examples of Worksite Employees in a sentence
Teachers First shall not be responsible for any action taken by the Academy with respect to the Worksite Employees, unless the Academy secures prior written authorization from Teachers First.
Teachers First and the School Leader shall jointly conduct all performance evaluations of Worksite Employees.
Based upon recommendations by the Academy, Teachers First shall make the final selection of all Worksite Employees assigned to the Academy.
Teachers First shall engage new Worksite Employees only as set forth below.
In the event Teachers First incurs any charges or surcharges on behalf of the Academy following an audit of Teachers First relating to the Academy’s business after the date of this Agreement, whether or not such charges or surcharges relate to claims experience, employees’ classification code changes or otherwise, the Academy shall be fully responsible and shall indemnify Teachers First for such charges and/or surcharges attributable to the Academy’s business and/or Worksite Employees.
More Definitions of Worksite Employees
Worksite Employees means the employees of the Transferred Clients who by reason of the Client Service Agreements are also employed by Seller. Schedule 2.02 - Assumed Liabilities
Worksite Employees shall have the meaning given such term in Section 3.16(a).
Worksite Employees means (i) employees of the Company pursuant to Professional Employer Agreements (excluding the Company Employees) and (ii) K-1 Employees.
Worksite Employees means the employees assigned to work at the worksite of the Clients. Asset Purchase Agreement – 2024 Human Bees, Inc. & ShiftPixy, Inc. Page 58 of 61
Worksite Employees means the employees of the Transferred Clients who by reason of the Client Service Agreements are also employed by Seller. Schedule 3.05 - Transferred Clients [intentionally deleted] Exhibit 2.01 - Assignment and Assumption Agreement ASSIGNMENT AND ASSUMPTION AGREEMENT Certified Staffing Services Corporation ("Assignor") hereby assigns to O2 HR, LLC ("Assignee"), and Assignee hereby assumes, Assignor's obligations and rights under the Client Service Agreements with the Transferred Clients set forth in Schedule 3.05 of the Customer Assignment Agreement between them dated the date hereof (the "Agreement"), in partial consideration of the purchase price paid by Assignee to Assignor under the Agreement. Assignor hereby also transfers to Assignee the good will associated with the Client Service Agreements and the Books and Records, as defined in the Agreement. Dated: September 2, 2005 O2 HR, LLC BY: /s/ Xxxxxx Xxxx --------------------------- Xxxxxx Xxxx, Manager CERTIFED STAFFING SERVICES CORPORATION BY: /s/ Xxxxx Xxxxxx --------------------------- Xxxxx Xxxxxx, President Exhibit 2.03 - Promissory Note PROMISSORY NOTE $783,574 September 2, 2005 FOR VALUE RECEIVED, O2 HR, LLC (the "Maker"), hereby promises to pay to Certified Staffing Services Corporation ("Payee"), Seven Hundred, Eighty Three Thousand, Five Hundred and Seventy Four Dollars payable in 60 consecutive equal monthly payments in the amount of Thirteen Thousand, Fifty Nine Dollars and Fifty Seven Cents ($13,059.57) on the 1st day of each month beginning October 2, 2005, and continuing until the entire indebtedness is fully paid. Except as provided below, the Note shall bear no interest. Maker shall have the right to prepay this Note without penalty or charge of any kind. Maker shall make all payments hereunder to the Escrow Agent as provided in the Escrow Agreement between Maker and Payee dated the date hereof. If any deficiency in the payment of any installment under this Note is not made good prior to twenty (20) days after same becomes due and payable, the entire balance shall at once become due and payable at the option of the holder of this Note upon written notice to Maker. In the event of default hereunder, the unpaid balance shall bear interest at ten percent (10%) per annum. Failure to exercise this option shall not constitute a waiver of the right to exercise the same in the event of any subsequent default. Presentment, demand and protest, and notices of protest, dishonor, and non-payment ...
Worksite Employees means the employees of the Transferred Clients who by reason of the Client Service Agreements are also employed by a Subsidiary of the Seller.
Worksite Employees means the employees of the Transferred Clients who by reason of the Client Service Agreements are also employed by a Subsidiary of the Seller. EXHIBIT A --------- LIST OF SUBSIDIARIES TeamStaff II, Inc. TeamStaff III, Inc. TeamStaff IV, Inc. TeamStaff IX, Inc. DSI Staff ConnXions Southwest, Inc. DSI Staff ConnXions Northeast, Inc. HR2, Inc. EXHIBIT B --------- MATTERS TO BE COVERED BY OPINION OF SELLER'S COUNSEL The opinion of Seller's Counsel shall be in a form customarily used in transactions of this type and otherwise in form and substance reasonably satisfactory to the Purchaser and its counsel and shall cover the following matters:
1. The due formation, existence and good standing of the Seller and each Subsidiary under their respective states of organization.
2. The corporate authority of the Seller and each Subsidiary to enter into the transactions contemplated by the Acquisition Documents.
3. The due authorization, execution and delivery by the Seller and the Subsidiaries of the Acquisition Documents to which they are parties.
4. That the Seller is not required to obtain the approval of its stockholders in order to execute and deliver any of the Acquisition Documents or to consummate the transactions contemplated by the Acquisition Documents. EXHIBIT C --------- MATTERS TO BE COVERED BY OPINION OF PURCHASER'S COUNSEL The opinion of Purchaser's Counsel shall be in a form customarily used in transactions of this type and otherwise in form and substance reasonably satisfactory to the Seller and its counsel and shall cover the following matters:
1. The due formation, existence and good standing of the Purchaser under its state of organization.
2. The corporate authority of the Purchaser to enter into the transactions contemplated by the Acquisition Documents.
3. The due authorization, execution and delivery by the Purchaser of the Acquisition Documents to which it is a party.