Business Transferred Employees definition

Business Transferred Employees means the employees (including employees on vacation, leave of absence, short or long term disability) of the Business Sellers employed primarily in the conduct of the EHP Business and to be transferred as of the Closing Date to the Purchaser pursuant to the Transfer Provisions.
Sample 1

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.

Related to Business Transferred Employees

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Hired Employees has the meaning set forth in Section 6.1(a).

  • Active Employees means all employees employed on the Closing Date by Seller for its business who are employed exclusively in Seller’s business as currently conducted, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave, but excluding employees on long-term disability leave.

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • Excluded Employees means those employees listed on Schedule 1.1(w);

  • Designated Employees means a person occupying any of the following position in the Company:

  • Current Employees has the meaning set forth in Section 5.6(a).

  • Former Employees means Former Parent Group Employees and Former SpinCo Group Employees.

  • Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.

  • Transferring Employees means employees of the Incumbent Contractor who are wholly or mainly assigned to work in the provision of the Service and who are subject of a Relevant Transfer to the Contractor by virtue of the application of the TUPE Regulations.

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Permanent Employees means all employees who are not casual employees, or employees working in a long-term supply assignment, as defined below.

  • Key Employees means each of the following individuals: Xxx Xxxxxxx, Xxxxx Xxxxxxxx, Xxxxx Xxxxxx and Xxxxx Xxxxxxx.

  • Company Employee means an employee of the Company or any of its Subsidiaries.

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Union Employees has the meaning set forth in Section 6.12(a).

  • Relevant Employees means the employees of the Contractor (including the Transferring Employees) who are wholly or mainly assigned to work in the provision of the Services and who are/will be the subject of a Relevant Transfer by virtue of the application of the TUPE Regulations.

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each “employee benefit plan,” within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;