B&W Employee definition
Examples of B&W Employee in a sentence
For purposes of this Agreement, former employees of the McDermott Group shall be deemed to include all employees who, as of their first day of employment, were employed by a McDermott Entity and will not be either a B&W Employee or a McDermott Employee (collectively, the “Former McDermott Employees”).
MII and MI shall also be permitted to retain copies of all restrictive covenant agreements with any B&W Employee or Former B&W Employee in which any member of the McDermott Group has a valid business interest.
B&W shall recognize and assume all liability for all vacation, holiday, sick leave, flex days, personal days and paid-time off with respect to B&W Employees, and B&W shall credit each B&W Employee with such accrual.
For purposes of this Agreement, former employees of the B&W Group shall be deemed to include all employees who, as of their first day of employment, were employed by a B&W Entity and will not be either a B&W Employee or a McDermott Employee (collectively, the “Former B&W Employees”).
After the Distribution Date, (i) MII or MI shall be responsible for providing any necessary WARN notice (and meeting any similar state law notice requirements) with respect to any termination of any McDermott Employee and (ii) B&W or BWICO shall be responsible for providing any necessary WARN notice (and meeting any similar state law notice requirements) with respect to any termination of any B&W Employee.
Except as otherwise provided in any other provision of this Agreement, for purposes of eligibility and vesting under the B&W Pension Plan, B&W Thrift Plan and B&W Welfare Plans, B&W shall, and shall cause each member of the B&W Group to, credit each B&W Employee and Former B&W Employee with service for any period of employment with any member of the ▇▇▇▇▇▇▇▇▇ Group on or prior to the Distribution Date to the same extent such service would be credited if it had been performed for a member of the B&W Group.
Each B&W Employee who was an active participant in the ▇▇▇▇▇▇▇▇▇ Thrift Plan on June 17, 2010 shall participate in the B&W Thrift Plan effective from and after June 18, 2010.
B&W Employees and Former B&W Employees shall not make or receive additional contributions under the ▇▇▇▇▇▇▇▇▇ Thrift Plan after June 17, 2010, unless any such B&W Employee or Former B&W Employee shall become employed by any member of the ▇▇▇▇▇▇▇▇▇ Group after such date and such member participates in the ▇▇▇▇▇▇▇▇▇ Thrift Plan.
Each B&W Employee who was an active participant in the ▇▇▇▇▇▇▇▇▇ Thrift Plan immediately prior to the Distribution Date shall participate in the B&W Thrift Plan effective on the Distribution Date.
B&W Employees and Former B&W Employees shall not make or receive additional contributions under the ▇▇▇▇▇▇▇▇▇ Thrift Plan after the Distribution Date, unless any such B&W Employee or Former B&W Employee shall become employed by any member of the ▇▇▇▇▇▇▇▇▇ Group after such date and such member participates in the ▇▇▇▇▇▇▇▇▇ Thrift Plan.