Hospital Employees. As of the Closing Date, Hospital employees will become employees of XX-Xxxxxxxx, pursuant to the provisions of Exhibit G.
Hospital Employees. It is understood that the Shop Stewards shall be current Hospital employees.
Hospital Employees. HMA will cause Xxxxxxx/HMA to offer ------------------ employment on an "at will" basis, as of the Closing Date, and at their current compensation on the Closing Date, to all of the employees of Methodist (excluding senior management) who are active employees of Methodist as of the Closing Date. All of the individuals employed by Xxxxxxx/HMA will retain their current seniority, as of the Closing Date, with regard to vacation and sick time accrual under Xxxxxxx/HMA's plans. Such employees will also be given credit for any years of service with Methodist for purposes of qualified retirement plans that cover Xxxxxxx/HMA's employees with respect to eligibility, participation and vesting. With respect to health and disability insurance coverage, exclusions for pre-existing conditions and applicable waiting periods will be waived. The current compensation of the employees at the Closing Date will provide the base for future merit increases. Xxxxxxx/HMA agrees that it will not terminate any employee, for a ninety (90) day period after the Closing Date, except for cause or with respect to employees of Methodist North Campus upon closure of the operations of Methodist North Campus caused by operation of law. In the event of closure of the operations of Methodist North Campus, by operation of law, which occurs within six (6) months from the Closing Date, Methodist and Xxxxxxx/HMA shall contribute equally to the payment of a severance package to the employees of Methodist North Campus which will be different from and a substitution for the general severance policy applicable to other HMA employees. The severance package for Methodist North Campus shall be subject to the severance policy described in Schedule 12.7(a) of this Agreement. The severance liability for HMA under the severance package applicable only to employees of Methodist North Campus will not exceed one-half of the amount of six months employment equivalent or $1,800,000, whichever is less. At Closing, the amount of the $1,800,000 contribution to be paid by MHC/Xxxxxxx with respect to such severance payment contingency shall be paid to an Escrow Agent, selected upon mutual agreement of the parties, for deposit into an Escrow Account governed by the terms of an Escrow Agreement (the "Escrow Agreement") in the form attached hereto as Exhibit B. The Escrow Agreement shall provide that upon the final occurrence of the contingency of either the closure of the Methodist North Campus within the six months afte...
Hospital Employees. The Hospital shall have the exclusive authority to hire, discharge, and establish terms of employment for all employees of the Service Line. Hospital-specific duties with respect to employees shall include, but not be limited to: (i) control of all human resource issues, including scope of job duties and responsibilities; (ii) control of hiring, firing and promotion of all employees;
Hospital Employees. During the term of this Agreement and for one (1) year after its termination, Contractor (a) shall not hire or contract with (directly or indirectly), seek to hire or contract with, or assist in hiring or contracting with any employee, agent or independent contractor of Hospital and (b) shall not induce, seek to induce, or take action which results in the termination of employment or other arrangement between Hospital and such employee, agent or independent contractor or otherwise interferes with such employment or contractual arrangement.
Hospital Employees. HMA will cause Sub to offer employment on an ------------------ "at will" basis, as of the Closing Date, and at their salaries on the Closing Date, to all of the employees of Regional (including senior management) who are active employees of Regional as of the Closing Date. In addition to employees of Regional, HMA will cause Sub to offer employment on an "at will" basis at their present salaries to both Xxxxxx Xxxx and Xxxxxxx Xxxxx, currently employees of Quorum Management that are assigned to the Hospital Facilities. Sub will also assume and agrees to provide Xxxxxx Xxxx with the same severance arrangement that Xxxxxx Xxxx has as set forth in that certain letter agreement by and between Xxxxxx Xxxx and RHI dated October 30, 1997. All of the individuals employed by Sub will retain their current seniority, as of the Closing Date, with regard to vacation and sick time accrual under Sub's plans. Such employees will also be given credit for any years of service with Regional or Quorum Management, as the case may be, for purposes of qualified retirement plans that cover Sub's employees with respect to eligibility, participation and vesting. With respect to health and disability insurance coverage, exclusions for pre-existing conditions and applicable waiting periods will be waived. The salaries of the employees at the Closing Date will provide the base for future merit increases. In the event of an employee reduction, HMA will cause Sub to pay severance based on position and length of service with Regional, Quorum, Sub and HMA in accordance with a severance policy that is applicable generally to all HMA employees. In addition to a severance payment, eligible employees will also have normal and customary rights to health plan continuation coverage as mandated by Section 4980B of the Code or applicable state health care continuation coverage statutes. Sub agrees that it will not effect any reductions in work force for a period of twelve (12) months after the Closing Date other than reductions through attrition, flexible staffing for seasonal adjustments, or decreases in patient census.
