CB Employee definition

CB Employee shall have the meaning specified in Section 7.7.
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CB Employee means each employee of the Acquired Business covered by any of the collective bargaining agreements or other labor contracts that are listed on Schedule 3.19(b) (including the National Agreement between Plastech Engineered Products, Inc. and the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America only as such agreement relates to the Facilities of the Acquired Business) and constitutes an Assumed Contract.
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Examples of CB Employee in a sentence

  • For the avoidance of doubt, nothing contained herein shall preclude the Parent from terminating any CB Employee in accordance with the terms of the applicable collective bargaining agreement.

  • The Purchaser shall offer each CB Employee employment under terms and conditions provided in the collective bargaining agreement applicable to each such CB Employee.

  • Effective on and after the Closing, the Purchaser shall assume the sponsorship of each CB Employee Benefit Plan and CB Benefit Arrangement provided for under the collective bargaining agreements applicable to the Business, but shall be permitted to amend or terminate any of such plans at any time after the Closing in accordance with the terms of such plans with respect to amendment or termination thereof and in accordance with any applicable duty to bargain with its employees' bargaining representatives.

  • True and correct copies of the most recent annual report on IRS Form 5500 (including attachments, exhibits, schedules, actuarial report and audited financial statement) for each CB Employee Benefit Plan have been delivered to the Purchaser.

  • The Seller agrees that it will adopt such resolutions and undertake such other actions as may be necessary or appropriate to transfer sponsorship of such plans to the Purchaser, including, but not limited to the orderly transfer of assets of all funded CB Employee Benefit Plans and CB Benefit Arrangements to the successor fiduciaries of such plans as soon as practicable after the Closing Date, and Purchaser shall adopt appropriate resolutions assuming sponsorship of such plans.

Related to CB Employee

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

  • U.S. Employee means a person who is an employee of the Company (or of any Subsidiary) for purposes of section 422 of the Code.

  • SpinCo Employee has the meaning set forth in the Employee Matters Agreement.

  • Former Employee means an individual who has severed employment with the Employer or an Affiliated Employer.

  • Business Employee means any employee who is employed by Seller, the Company or any of their respective Affiliates (regardless of whether such employee is inactive due to illness, disability, workers’ compensation or other approved leaves of absence) whose services are primarily related to the Business.