ARD Employee definition

ARD Employee means an Employee who is employed by LivaNova or one of its subsidiaries (other than a Transferred Subsidiary) in a jurisdiction in which the ARD is applicable and who will transfer to Purchaser or an affiliate as of the Closing automatically by operation of Law pursuant to the ARD.

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ARD Employee means an Employee who immediately before Closing is employed in a jurisdiction in which the ARD is applicable.

ARD Employee means any Business Employee in, or whose employment is governed by the Laws of, any jurisdiction in which the Transfer Regulations apply to the Transactions and whose name is set forth on Schedule 1.1(c) (as may be supplemented from time to time prior to the Closing to reflect any New Business Employee or any changes to Schedule 4.16(a)(i));

Examples of ARD Employee in a sentence

• Each Employee who (1) is an ARD Employee, (2) accepts an offer of employment from Purchaser and commences employment with Purchaser or an affiliate or (3) is an employee of a Transferred Subsidiary is referred to herein as a “Transferred Employee” as of the Applicable Closing Date.

• Each ARD Employee is a bona fide employee of a Foreign Subsidiary who regularly performs at least 80 percent of his services for the Business.

• Effective as of the Closing, Seller and its Affiliates shall cease to employ any such ARD Employee who accepts such offer.

• Section 1.1 ARD Employee......................................................................................................

• On or prior to the Closing, Parent shall (i) transfer the employment of each Business Employee (including each U.S. Business Employee but excluding any ARD Employee or any Offer Employee) who is then employed by Parent or any of its Affiliates (other than a Transferred Entity) to a Transferred Entity and (ii) transfer the employment of each Excluded Parent Employee to Parent or one of its Affiliates (other than a Transferred Entity).

More Definitions of ARD Employee

ARD Employee. Each employee of the Business as of the applicable Transfer Time who is subject to the Acquired Rights Directive or Implementing Laws or who performs at least 80 percent of his services for the Business.

ARD Employee has the meaning set forth in Section 8.9.