Company Continuing Employee definition

Company Continuing Employee has the meaning set forth in Section 5.05(a).

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Company Continuing Employee has the meaning set forth in Section 6.04(a).

Company Continuing Employee is defined in Section 6.12(A).

Examples of Company Continuing Employee in a sentence

Nothing contained in this Agreement shall confer upon any employee any right with respect to continued employment by Parent or Surviving Corporation, nor shall anything herein interfere with the right of Parent or Surviving Corporation to terminate the employment of any employee (including any Company Continuing Employee) at any time, with or without cause, following the effective date of his or her employment with Parent or Surviving Corporation.
If the employment of any Company Continuing Employee is terminated at or within one year of the Effective Time, Parent shall cause the Surviving Corporation and its Subsidiaries, as applicable, to provide to such terminated employee severance benefits that are no less than the severance benefits that would have been provided to such employee upon such a termination of employment immediately prior to the Effective Time.
This Section 5.09 shall not apply to any Company Continuing Employee who is covered by a collective bargaining or similar agreement.
Following the Closing, each Company Continuing Employee shall be eligible to participate in the Purchaser’s (or, as applicable, its parent’s) incentive compensation plans (the “Purchaser Incentive Plans”) applicable to an employee of equivalent level and experience.
Nothing in this Agreement shall require Parent, the Surviving Corporation or any of its Affiliates to maintain the employment of any Company Continuing Employee for any defined period of time.

More Definitions of Company Continuing Employee

Company Continuing Employee means each employee employed by any of the Holding Companies or Company Subsidiaries immediately prior to the Closing and who remains employed by the Purchaser or its Affiliates (including, following Closing, any of the Holding Companies or Company Subsidiaries) immediately after the Closing.

Company Continuing Employee means any employee of the Company on and as of the Closing Date.

Company Continuing Employee means each employee of any Acquired Company who remains employed by such Acquired Company, Parent or any of Parent’s Affiliates on the day immediately following the Closing Date.

Company Continuing Employee means each current Company Associate who, as of immediately following the Effective Time, continues his or her employment with any of the Acquired Corporations or becomes at the Effective Time of the Merger an employee of Parent or any Subsidiary of Parent.

Company Continuing Employee shall have the meaning as set forth in Section 6.6(a). “Company Intellectual Property” shall have the meaning as set forth in Section 4.10(j). “Company Material Adverse Effect” shall mean any event, effect, development, occurrence, fact, condition or change that, individually or in the aggregate with all other events, effects, occurrences, facts, conditions or changes, has been, or could reasonably be expected to be, materially adverse to: (a) the Target Companies, taken as a whole, and the Business, including, without limitation, the results of operations, condition (financial or otherwise), Liabilities (contingent or otherwise) or assets of the Target Companies, or (b) the ability of the Target Companies or the Seller Parties to perform their obligations under this Agreement or consummate the transactions contemplated hereby on a timely basis; provided, however, that solely with respect to clause (a), “Company Material Adverse Effect” shall not include any event, occurrence, fact,

Company Continuing Employee has the meaning set forth in Section 5.06(a). “Company Intellectual Property” has the meaning set forth in Section 3.11(c).

Company Continuing Employee is defined in Section 6.4(a). “Company Contract” means any Contract to which the Company is a party or by which the Company is bound or to which any assets or properties of the Company are subject. “Company Data” is defined in Section 4.10(i). “Company Intellectual Property” means the Company Owned Intellectual Property and the Company Licensed Intellectual Property, collectively. “Company Licensed Intellectual Property” means all Intellectual Property that is licensed to or purported to be licensed to the Company by any third party or which the Company otherwise has the right to use, including pursuant to the Inbound Licenses. “Company Owned Intellectual Property” means all Intellectual Property owned or purported to be owned by the Company, in whole or in part. “Company Systems” is defined in Section 4.10(l). “Computer Software” is defined in Section 4.10(h). “Confidential Information” is defined in Section 6.1(a). “Contract” means any contract, agreement, arrangement, understanding, or commitment (whether written or oral) that is legally binding on one or more parties thereto. “Current Financial Statements” is defined in Section 4.7(a). “Current Permits” is defined in Section 4.16(a). “Current Representation” is defined in Section 8.15(a). “Designated Person” is defined in Section 8.15(a). “Determination Date” is defined in Section 7.7(d). “Disclosure Schedules” is defined in ARTICLE 4. “Earnout Event” is defined in Section 2.3(a). “Earnout Payment” is defined in Section 2.3(a). “Employee Benefit Plan” means any compensation or benefit plan, program, agreement, or arrangement currently or previously maintained, sponsored, or contributed to by the Company (or any ERISA Affiliate) for the benefit of any current or former employee, officer, manager, retiree, independent contractor, or consultant of or other service provider to the Company (or any dependent or beneficiary thereof), including any (a) “employee welfare benefit plan” (within the meaning of Section 3(1) of ERISA), “employee pension benefit plan” (within the meaning of Section 3(2) of ERISA) or “employee 3