Automatic Transfer Employees means those Transferring Employees whose employment transfers by operation of Law in connection with the transfer of a business or part of a business.
Automatic Transfer Employees means the employees and workers of Sapphire or any of its Subsidiaries who are exclusively or primarily engaged in the Businesses and to whom the Transfer Regulations apply.
Automatic Transfer Employees means those Keysight Group Employees or Agilent Group Employees, as applicable, where local employment Laws, including but not limited to the Transfer Regulations, require an automatic transfer of employees upon the transfer of a business as a going concern and such business transfer occurs by operation of Law.
Examples of Automatic Transfer Employees in a sentence
Immediately upon the Closing Date, all rights, powers and Liabilities of Seller and its Subsidiaries to, or in respect of, the Automatic Transfer Employees (including the rights, powers and Liabilities under, in connection with or arising from a Contract of employment or employment relationship between an Automatic Transfer Employee and Seller or a Subsidiary of Seller) in force immediately prior to the Closing Date shall be transferred to Buyer upon Closing in accordance with applicable Laws.
More Definitions of Automatic Transfer Employees
Automatic Transfer Employees means those JDSU Group Employees engaged in the Lumentum Business whose employment transfers by operation of applicable Law to a member of the Lumentum Group.
Automatic Transfer Employees means any Vontier Employee, where local employment Laws, including the Transfer Regulations, provide for an automatic transfer of such employees to a member of the Vontier Group 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 Separation Agreement.
Automatic Transfer Employees means any Veralto Employee, where local employment Laws, including the Transfer Regulations, provide for an automatic transfer of such employees to a member of the Veralto Group 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 Separation Agreement.
Automatic Transfer Employees means any Filtration Employee, where local employment Laws, including the Transfer Regulations, provide for an automatic transfer of such employees to a member of the Filtration Group 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 Separation Agreement. Notwithstanding the foregoing, Cummins may designate that certain Filtration Employees who would otherwise be considered Automatic Transfer Employees shall be offered employment by the GEO instead of a member of the Filtration Group, and in such event, such individuals shall cease to be considered Automatic Transfer Employees.
Automatic Transfer Employees means any Newco Employee, where local employment Laws, including but not limited to the Transfer Regulations, provide for an automatic transfer of such employees 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 Separation Agreement.
Automatic Transfer Employees has the meaning set out in Paragraph 8.2 of Schedule 10 (Disentanglement Plan); Bid Value has the meaning set out in Clause 3.1(a); Business has the meaning set out in consideration (A) of this agreement; Business Assets has the meaning set out in Paragraph 3.1 of Schedule 10 (Disentanglement Plan), and Business Asset means any one of them or the relevant one of them, as the context requires; Business Contract means any written Contract to which any member of the Seller’s Group is a party and which has been entered into in the course of conducting the Business to the extent in force and effect on the Signing Date (unless terminated thereafter in the ordinary course of business) and/or the Completion Date, except for any (i) Non-Exclusive Contract, (ii) Contract predominantly relating to Intellectual Property Rights and Technology or to Intellectual Property Rights (which does not comprise R&D Contracts or licenses in connection with the delivery of products by the Seller’s Group to the counterparty), or (iii) intragroup agreement or umbrella agreement as referred to in sub-clause (b) of Clause 5.8.1;
Automatic Transfer Employees means all those persons who are immediately prior to Closing employed in the Operations by any member of Seller’s Group (other than the Group Companies) and will automatically transfer with the Businesses by operation of Transfer Regulations;