A&S Employees definition
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.