Contingent definition
Examples of Contingent in a sentence
At the time of such purchase of the Withdrawn Partner’s Contingent Capital Commitment Interests, his or her related Investor Note shall be payable in full.
To the Company’s Knowledge, the employment of any employee or engagement of any independent contractor, consultant or other Contingent Worker by the Company or any of its Subsidiaries does not subject them to Liability to any third party.
To the Knowledge of the Company, (i) no employee or group of employees or Contingent Workers of the Company or any of its Subsidiaries currently intends to terminate his or her employment or service arrangement with the Company or any of its Subsidiaries, and (ii) no employee of the Company or any of its Subsidiaries has an outstanding offer to join a business that may be competitive with the Company Business.
All independent contractors consultants and Contingent Workers providing services to the Company or any of its Subsidiaries are and have been, in all material respects, at all times since July 1, 2022, properly classified, treated and paid as independent contractors for purposes of federal and applicable state, local, and/or foreign Tax Laws, Laws applicable to employee benefits and other Laws.
During the ninety (90) day period preceding the date hereof, no employee Contingent Worker has suffered an “employment loss” as defined in the WARN Act with respect to the Company or any of its Subsidiaries.