A&S Employees definition

A&S Employees means (i) those persons who are employed as officers or employees of A&S or otherwise employed by A&S immediately prior to, or effective as of, the Effective Time, (ii) any person employed at the Company's corporate level prior to the Effective Time listed in, or added any time prior to the Effective Time to, Schedule 1.1(l) of the Disclosure Schedule who at the Effective Time is to become an employee of A&S, and (iii) all former officers and employees of A&S who, immediately prior to the termination of their employment, were employed by A&S. In the event any person shall have been employed by A&S, as well as by the Company or any of the Retained Subsidiaries, such person shall be considered an A&S Employee if at the Effective Time such person's primary employment shall be with A&S or the A&S Business.
A&S Employees means (i) those persons who are employed as officers or employees of A&S or otherwise employed by A&S immediately prior to, or effective as of, the Effective Time, (ii) any person employed at the Company's corporate level prior to the Effective Time listed in, or added any time prior to the Effective Time to, Schedule 1.1(l) of the Disclosure

Examples of A&S Employees in a sentence

  • On and after the Effective Time, the Company shall only be responsible for any claims by A&S Employees for benefits relating to claims incurred prior to the Effective Time.

  • Effective as of the Effective Time, all A&S Employees shall remain or become employees of A&S in the same capacities as then held by such employees (or in such other capacities as A&S shall determine in its sole discretion), and the employment of any A&S Employee by the Company or the Retained Subsidiaries shall cease.

  • Notwithstanding the foregoing, the Company agrees to permit A&S Employees (and their beneficiaries and dependents) to continue to participate from the Effective Time to and including December 31, 1999 in the Company's group medical plan maintained by the Company in which such persons were participating prior to the Effective Time.

  • As of the Effective Time, A&S Employees shall cease to participate in the employee welfare benefit plans (as such term in defined in ERISA) maintained or sponsored by the Company (the "Company Welfare Plans") and shall commence to participate in welfare benefit plans of A&S (the "A&S Welfare Plans").

  • A&S agrees to indemnify and hold harmless the Company, its officers, directors, employees, agents and affiliates from and against any and all Indemnifiable Losses arising out of or relating to the A&S 401(k) Plan, including all benefits accrued by A&S Employees thereunder prior to the Effective Time.

  • A&S maintains a defined contribution plan and trust intended to qualify under Sections 401(a), 401(k) and 501(a) of the Internal Revenue Code of 1986, as amended (the "A&S 401(k) Plan"), for the benefit of A&S Employees.

  • Agreed to at Toronto, Ontario this I day of May, For Electrical Contractors Association of Ontario: Foi- Council Ontario: PARTIES THAT, DUE TO THE UNIQUE OF THE INVOLVED, THE POLICY MAKE TIME AS Employees may lost providing they do at the Monday to inclusive.