Automatic Transfer Employee means an employee who immediately prior to the Closing is a Business Employee and to whom the Transfer Regulations apply in connection with the transactions contemplated by this Agreement.
Automatic Transfer Employee means any employees of the Business who will transfer by operation of the EU Council Directive 2001/23/EC or any regulation, law or code enacted by any EU Member State to implement such directive or which otherwise creates legal obligations on the parties in relation to the transfer of undertakings or any similar Law in any other jurisdiction (a “Transfer Law”).
Automatic Transfer Employee means an Employee, other than a Transferred FH Company Employee, to whom the Transfer Regulations apply.
Examples of Automatic Transfer Employee in a sentence
Schedule 7.4(a) also sets forth, for each Scheduled Employee or Scheduled Contractor as applicable, the Scheduled Employee’s or Scheduled Contractor’s job title or scope of work, date of hire or engagement, annual base salary or hourly wage rate (as applicable) or fee, target bonus opportunity for 2024 (if applicable), statutory notice period if not employed at will, and whether such Scheduled Employee is an Automatic Transfer Employee or an Offer Employee (the “Scheduled Workers Schedule”).
More Definitions of Automatic Transfer Employee
Automatic Transfer Employee means any person who (i) is employed by Seller Parent or any of its Affiliates (excluding the Business Subsidiaries) as of the date of this Agreement or hired after the date of this Agreement in accordance with this Agreement, and (ii) provides services primarily to or on behalf of the Business in Denmark, Finland, Ireland, Poland and the United Kingdom.
Automatic Transfer Employee means each Business Employee whose employment or contract of employment transfers or is assigned by operation of Law, or would but for the termination of such contract or employment be so transferred or assigned, to Buyer or one of its Affiliates (including as a result of the Acquired Rights or as a result of the Restructuring).
Automatic Transfer Employee shall have the meaning given to such term in Section 9.01(a).
Automatic Transfer Employee means any Newco Employee, where local employment Laws, including but not limited to the Transfer Regulations, provide for an automatic transfer of such employee to Newco by operation of Law upon the transfer of a business as a going concern and such business transfer occurs as a result of the transactions contemplated by the Distribution Agreement.
Automatic Transfer Employee means each individual who, as of the Closing Date, is employed (as defined under any applicable Canadian Labor Laws), or has an outstanding offer of employment to be employed in Canada, by the Sellers whose employment would transfer automatically by operation of law on the Closing Date to the Buyers (or one of their Affiliates as the case may be) under any applicable Canadian Labor Laws.
Automatic Transfer Employee any employee of Seller or its Subsidiaries who will automatically transfer with the Business to Buyer or its Affiliate on the Closing.
Automatic Transfer Employee means each employee of the Seller Group who, as of the Closing Date, is wholly or primarily assigned to the Business in a jurisdiction in which the Transfer Regulations will apply to the Transactions as set forth in Section 1.01(b) of the Disclosure Letter, including, in all cases, each such employee who as of the Closing Date is on leave of absence (including medical leave, personal leave, extended COVID-19-related leave, military leave, workers compensation leave, short-term disability and long-term disability) or paid or unpaid time off.