Examples of Business Transferred Employees in a sentence
Prior to the Closing, the Seller Parties and the Purchaser shall cooperate in good faith to identify those individuals who provide services in connection with the Transferred Assets, but who are not Transferred Company Employees or Active Business Transferred Employees.
The components of income tax expense (benefit) are as follows: Years Ended December 31, 200920082007(in thousands)Current tax (benefit) expense .
Times Mirror shall take, or cause to be taken, all action as may be necessary (i) to effect such cessation of participation and (ii) to cause the College Publishing Business Transferred Employees' benefits under the TM Pension Plan to become fully vested as of the Closing Date.
On the Asset Transfer Date, eLoyalty shall, or shall cause its Subsidiaries to, employ each employee of the eLoyalty Business ("Transferred Employees") set forth on Schedule 9.1 hereto, and TSC shall cause all such Transferred Employees to resign from all positions as officers or employees of TSC and its Subsidiaries.
The project does not include housing or extension of infrastructure; nor would the creation of a camp this location displace housing or people.
As of the Closing Date, eligible Col- lege Publishing Business Transferred Employees who were covered by the TM Pension Plan immediately prior to the Closing Date shall be eligible to participate in a McGraw-Hill defined ben- efit pension plan and shaxx xxxxxxx credit for purposes of eli- gibility and vesting (but not for benefit accxxxl) under such plan for all service with Times Mirror, TMHE, the TMHE Subsi- diaries and Mosby prior to the Closing Date.
On the Asset Transfer Date, -------------------------------- eLoyalty shall, or shall cause its Subsidiaries to, employ each employee of the eLoyalty Business ("Transferred Employees") set forth on Schedule 9.1 hereto, --------------------- ------------ and TSC shall cause all such Transferred Employees to resign from all positions as officers or employees of TSC and its Subsidiaries.
Xxxxxxxx Xxxxx and any employee of Xxxxx'x College Text Business who is not listed on Schedule 10.01(a) and Times Mirror shall retain all responsibility for any obligations with respect to such employees who are not College Publishing Business Transferred Employees, including the obligation to pay severance.
To the extent not reflected in Schedule 4.14(b) as of the date of this Agreement, Parent has made available to the Purchaser information regarding the Stock Transferred Employees and the Business Transferred Employees, including their numbers and categories, the details of their wages or salaries and their respective status.
Each Party shall endeavor to reach agreement upon the full terms and conditions of a transition services agreement (“Homans Business Transition Services Agreement”) relating to the Homans Business Contributed Assets, the Homans Business Assumed Liabilities and the continued employment by Xxxxx of the Homans Business Transferred Employees and the leasing of such employees to the Company for the remainder of the 2011 calendar year.