Continuing Employee definition
Continuing Employee has the meaning set forth in Section 6.7(a).
Continuing Employee means each Company Employee employed by the Company or any of its Subsidiaries immediately prior to the Effective Time whose employment with the Surviving Corporation (or Parent or any of its Affiliates) continues after the Effective Time.
Continuing Employee shall have the meaning set forth in Section 4.11(b).
Examples of Continuing Employee in a sentence
Any vacation or paid time off accrued but unused by a Continuing Employee as of immediately prior to the Effective Time will be credited to such Continuing Employee following the Effective Time and will not be subject to accrual limits or other forfeiture and shall not limit future accruals.
For the avoidance of doubt, base salary or wage rate and target annual or short-term cash and target long-term incentive compensation opportunities shall not be decreased during the Continuation Period for any Continuing Employee employed during that period.
More Definitions of Continuing Employee
Continuing Employee is defined in Section 6.3(a) of the Agreement.
Continuing Employee shall have the meaning set forth in Section 4.11(a).
Continuing Employee means an Employee who is either full-time or part-time and not a Limited Term Employee.
Continuing Employee has the meaning specified in Section 9.07(a).
Continuing Employee shall have the meaning as set forth in Section 7.9(a) of the Agreement.
Continuing Employee. Section 5.8(a)
Continuing Employee means a Company Employee who accepts an offer of employment with Purchaser or otherwise remains employed by the Company after the Closing.