Business Change definition

Business Change means a transaction or series of transactions between Employer and a third party (“Business Successor”) that constitute a “Change in Control” within the meaning of Treasury Regulations Section 1.409A-3(i)(5), or a transaction or series of transactions whereby the Business Successor becomes the successor to all or a significant portion of Employer’s present business.
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Business Change means that, prior to any Change in Control, the business unit or subsidiary of Post Holdings, Inc., with which you are employed is transferred to a person unaffiliated with Post Holdings, Inc., wherein such business unit or subsidiary ceases to be a part or affiliate of Post Holdings, Inc., all as determined by the Plan Administrator in its sole discretion.
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Business Change means that, prior to any Change in Control, the subsidiary of BellRing Brands, Inc., with which you are employed is transferred to a person unaffiliated with BellRing Brands, Inc., wherein such subsidiary ceases to be a part or affiliate of BellRing Brands, Inc., all as determined by the Plan Administrator in its sole discretion.
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Examples of Business Change in a sentence

  • If, in the reasonable opinion of Miraclon, there is or is likely to be a major change in the business operations of Miraclon that has or could have an adverse impact on the viability of the provision of the Products to be supplied to the Customer (Major Business Change), Miraclon may notify the Customer and Miraclon and the Customer must meet and discuss in good faith whether the provisions of the Agreement need to be varied.

  • Service Provider point of contact for GDPR: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ (Business Change Manager).

  • As consideration for such payment in connection with Without Cause Termination or involuntary termination for “Good Reason”, should a Business Change have been transacted, for a period of six months thereafter, Employee agrees not to accept an employment opportunity with or be employed by Business Successor.

  • Employment with a Business Successor in connection with a Business Change shall not be deemed engagement in a competing business.

  • Such events are referred to as the “Material Avis Business Change Events”.

  • The CSIP Business Change Team is a user-focused group of specialists that works with departments and stakeholders throughout the lifecycle of each project to identify, categorise and deliver sustainable business and process changes that will reduce project risk, improve outcomes and deliver benefits—quantitative and qualitative; efficiency and effectiveness.

  • If Employee is terminated as described in the preceding sentence, the Company shall pay in a lump sum on the date of such Business Change compensation to the Employee in an amount derived by multiplying the factor 2.50 by the sum of the Employee's annual salary, plus the aggregate quarterly bonus payments paid to Employee from the beginning of the term of this Agreement through the date of termination [2.50 x (annual salary + aggregate quarterly bonus payments paid)] (the "Termination Fee").

  • Our CSIP Business Change Team continues its systematic progress through the Trust, cataloguing current processes, systems and paper whilst conveying our vision of digital and paperless working to our clinical and admin colleagues.

  • There may be changes in Fees, including those on account of a Major Business Change.

  • The Price Adjustment Process for Business Change Events is subject to any approval right or termination right that Service Provider may have with respect to such change in Services pursuant to Article 3 or 14 of the Agreement.