Examples of Automatic Transferred Employees in a sentence
In accordance with applicable Laws, including the Transfer Regulations, the employment of the Automatic Transferred Employees will transfer to the applicable Company Employer effective as of immediately following the Closing (or such later date as may be required by applicable Law or otherwise agreed upon by Trimble and AGCO).
With respect to Employees who are Inactive Employees (other than any Automatic Transferred Employees), Buyer or a Buyer Corporation shall be required to offer employment to such Employee, in accordance with the provisions of this Article VIII, effective as of the date such Employee presents himself or herself to Buyer or a Buyer Corporation for active employment.
Within a reasonable period of time (but not less than required under applicable Law) prior to the Closing Date, Buyer shall, or shall cause the appropriate Employing Entity to, make a Compliant Offer to the Business Employees, other than (i) Automatic Transferred Employees and (ii) Business Employees already then employed by a Purchased Entity, in compliance with the terms of Section 6.6(d).
While receiving long-term disability income payments under the Company’s long-term disability income plan, the Executive shall not be entitled to receive any Base Salary under Section 4(a) hereof, but shall continue to participate in Company benefit plans in accordance with Section 4(f) and subject to the terms of such plans, until the termination of his employment.
Purchaser shall indemnify and keep indemnified Deutsche Bank, the Sellers and their Affiliates from any claims of the German Employees who become Automatic Transferred Employees, including, without limitation, claims which relate to, arise out of or are connected with any failure by Purchaser or any of its Affiliates to comply with its or their obligations in respect of notification to the German Employees as required by Section 613 a (5) of the German Civil Code.
Not later than thirty (30) days prior to the Closing (or if required by applicable Law, such greater period as required by applicable Law and practices), Purchaser or one of its affiliates shall offer employment with Purchaser or one of its affiliates to at least a majority of the Employees (which majority excludes ARD Automatic Transferred Employees), commencing as of the Closing, on the terms set forth in this Article VI (including Section 6.02(a)).
Such cooperation will include the provision of any information and consultation required by applicable Law or Transfer Regulations (which shall include, in the case of Buyer, information required by any applicable Transfer Regulations regarding any measures Buyer envisages it will take with respect to any Automatic Transferred Employees after Closing) or the terms of any Contract, or with any works council, economic committee, union or similar body.
In the event of any Automatic Transferred Employees of EPCOS Germany objecting to the transfer of their employment relationship (each, an “Objecting Employee”) to Purchaser (or another member of the Purchaser Group, as applicable) within the one-month period set forth in Section 613a para.
The parties will use their reasonable efforts to obtain the approval of the applicable Governmental Authority or any labor authority as may be required for the transfer of the Automatic Transferred Employees, if any, who are “protected employees” under applicable Law.
Business Employees who are Automatic Transferred Employees (including Module Design Employees) will transfer to Qualcomm Netherlands by operation of law at the JV Closing; provided, that Qualcomm Netherlands may extend an offer to any such Business Employees in accordance with Section 6.6(b).