a Business Unit definition
Examples of a Business Unit in a sentence
Executive C is employed by (and on the payroll of) a Business Unit as described in either Example 1 or 2, except that Executive C remains employed by (and on the payroll of) a Business Unit that continues to be a Business Unit of the Company following the sale.
There is consummated the Disposition of a Business Unit; provided, however, that this clause (5) shall apply only to an Executive who immediately prior to the Disposition of a Business Unit was employed by (and on the payroll of) the Business Unit that was the subject of the Disposition of a Business Unit.
A Disposition of a Business Unit may occur even if such Business Unit constitutes part of a larger enterprise at the time of the relevant Disposition of a Business Unit transaction and such Disposition of a Business Unit involves such larger enterprise.
No Change of Control shall be deemed to have occurred if B▇▇▇▇ Shoe does not elect to assign this Agreement to such successor of a Business Unit.
In the event, and only in the event, B▇▇▇▇ Shoe elects to assign this Agreement to such successor of a Business Unit, a Change of Control will be deemed to have occurred and B▇▇▇▇ Shoe shall require such successor to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would have been required to perform it if no such succession had taken place.
There is consummated the Disposition of a Business Unit; provided, however, that this clause (e) shall apply only to an Executive who immediately prior to the Disposition of a Business Unit was employed by (and on the payroll of) the Business Unit that was the subject of the Disposition of a Business Unit.
An employee who works in a Business Unit other than that where the vacancy occurs, (including an employee absent from work by reason of illness, injury, vacation, maternity or parental/adoption leave, union leave) who has one year of service or more may apply.
No Change of Control shall be deemed to have occurred if ▇▇▇▇▇ Shoe does not elect to assign this Agreement to such successor of a Business Unit.
In the event, and only in the event, ▇▇▇▇▇ Shoe elects to assign this Agreement to such successor of a Business Unit, a Change of Control will be deemed to have occurred and ▇▇▇▇▇ Shoe shall require such successor to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would have been required to perform it if no such succession had taken place.
If the Competitor List does not delineate an Entity as a Standard Competitor, the Entity will be considered a Business Unit Wide Competitor.