Acquired Company Employee definition

Acquired Company Employee means any individual employed by the Company or any of the Company Subsidiaries.

Acquired Company Employee means any individual who is employed by an Acquired Company immediately before the Closing, including any individual who is absent due to vacation, holiday, sickness or other approved leave of absence.

Acquired Company Employee means any individual who, as of the Closing Date, is an employee of the Acquired Company.

Examples of Acquired Company Employee in a sentence

• No Acquired Company has any obligation to provide post-termination health, life or other welfare-type benefits to any current or former employee, officer or director, other than in accordance with the terms of the Acquired Company Employee Plans and applicable law.

• No Acquired Company Employee Plan and no grants, awards or benefits thereunder are subject to Section 409A(a) or 409A(b) of the Code or, if subject to Section 409A(a) of the Code, have failed or will fail, in form or operation, to meet the requirements of Section 409A(a)(2), 409A(a)(3) or 409A(a)(4) of the Code.

• None of the Acquired Companies intends (and none has committed) to establish or enter into any new Acquired Company Employee Plan or Acquired Company Employee Agreement, or to modify any Acquired Company Employee Plan or Acquired Company Employee Agreement (except to conform any such Acquired Company Employee Plan or Acquired Company Employee Agreement to the requirements of any applicable Legal Requirements, in each case, as previously disclosed to Purchaser in writing or as required by this Agreement).

• No Severance or other payment has been made or promised to be made or benefit given or promised to be given by any of the Acquired Companies in connection with the actual or proposed termination (including in relation to redundancy payments) or suspension of employment or variation of any contract of employment of any Acquired Company Employee.

• All required reports and descriptions and participant notices have been filed or distributed in compliance with the applicable requirements of ERISA and the Code with respect to each Acquired Company Employee Plan.

More Definitions of Acquired Company Employee

Acquired Company Employee means each (i) employee of an Acquired Company on the Closing Date, whether or not such employee is actively at work on such day including any employees who are on military leave, disability, worker's compensation or any other leave of absence, whether or not paid, and (ii) each Bank Channel Employee who actually becomes an employee of Buyer or an Acquired Company pursuant to Section 4.6(h).

Acquired Company Employee shall have the meaning set forth in Section 3.10(a).

Acquired Company Employee shall have the meaning set forth in Section 7.9(a).

Acquired Company Employee means any individual who is employed by an Acquired Company immediately before the Closing, including any individual who absent due to vacation, holiday, sickness or other approved leave of absence.

Acquired Company Employee means any individual who is employed by an Acquired Company as of the Closing Date.

Acquired Company Employee means any current or former director, officer, employee, independent contractor, consultant, or advisor of any of the Acquired Companies or any Affiliate of any of the Acquired Companies.

Acquired Company Employee means any Person who is or was an employee (whether regular or temporary, direct hire or leased), director, contractor or consultant of or to any of the Acquired Companies or becomes, at any time during the Pre-Closing Period, an employee (whether regular or temporary, direct hire or leased), director or consultant of or to any of the Acquired Companies.