ADAPTEC EMPLOYEE Clause Samples

The "ADAPTEC EMPLOYEE" clause defines who qualifies as an employee of Adaptec for the purposes of the agreement. Typically, this clause clarifies whether only current employees, or also former or temporary staff, are included, and may specify the roles or departments covered. By clearly identifying the relevant individuals, the clause ensures that rights, obligations, or restrictions in the contract are properly allocated and understood, preventing ambiguity about who is subject to its terms.
ADAPTEC EMPLOYEE. Adaptec Employee" means an individual who is: (a) on the Separation Date actively employed by, or on leave of absence from, Adaptec (b) an employee or among a group of employees designated as Adaptec Employees by Adaptec and Roxio, by mutual agreement; or (c) an employee of Adaptec or Roxio who, prior to the Distribution Date, is on, or begins, a company approved leave of absence until the earlier of (i) the employee's termination of employment, (ii) the passage of six months as measured from the employee's last day of active work, or (iii) the employee is medically released to return to work. Notwithstanding the foregoing, in the event an employee begins an approved leave of absence prior to the Distribution Date, and the employee has been designated a Roxio Employee prior to such leave of absence, then such employee shall be deemed to be an Adaptec Employee during such leave of absence. Upon the expiration of such leave of absence, such employee's employment with Adaptec shall be terminated.
ADAPTEC EMPLOYEE. Adaptec Employee" means an individual who is: (a) on the Separation Date actively employed by, or on leave of absence from, Adaptec (b) an employee or group of employees designated as Adaptec Employees by Adaptec and Roxio, by mutual agreement; or (c) an employee of Adaptec or Roxio who, prior to the Distribution Date, is on, or begins, a disability leave of absence until the earlier of (i) the employee's termination of employment, (ii) the passage of six months as measured from the employee's last day of active work, or (iii) the employee is medically released to return to work.

Related to ADAPTEC EMPLOYEE

  • An Employee (other than a casual Employee) called for jury service during ordinary working hours will be reimbursed by the Employer an amount equal to the difference between the amount paid by the Court and the amount of Ordinary Rate he/she would have received for the ordinary time hours for which the Employee’s attendance at the Court was required up to a maximum of 10 days’ pay.

  • New Employee (a) (i) Unless the Parties agree, in writing, to an extension of the probationary period, all Employees who work greater than twenty-four (24) hours per week shall be considered probationary for a period of up to three (3) calendar months following date of appointment to the University.

  • Employee Employee’s rights and obligations under this Agreement shall not be transferable by Employee by assignment or otherwise, without the prior written consent of the Company; provided, however, that if Employee shall die, all amounts then payable to Employee hereunder shall be paid in accordance with the terms of this Agreement to Employee’s devisee, legatee, or other designee, or if there be no such designee, to Employee’s estate.

  • Permanent Employee Permanent employee" shall mean any employee who has successfully completed probation and who is employed a minimum of twenty (20) hours per week from year to year. An employee who has achieved permanent status shall not lose that status merely by virtue of filling another position on a temporary basis.

  • Key Employee Key employee means any employee or former employee (including any deceased employee) who at any time during the plan year that includes the determination date was an officer of the employer having annual compensation greater than $130,000 (as adjusted under Section 416(i)(1) of the Code for plan years beginning after December 31, 2002), a 5-percent owner of the employer, or a 1-percent owner of the employer having annual compensation of more than $150,000. For this purpose, annual compensation means compensation within the meaning of Section 415(c)(3) of the Code. The determination of who is a key employee will be made in accordance with Section 416(i)(1) of the Code and the applicable regulations and other guidance of general applicability issued thereunder.