Continuing Employee definition

Continuing Employee has the meaning set forth in Section 6.7(a).

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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 5.4.

Examples of Continuing Employee in a sentence

Further, and for the avoidance of doubt, nothing in this Section 6.18 confers upon any Continuing Employee any right to continue in the employ of the Company, the Buyer or any of their Affiliates, or shall interfere with or restrict in any way the rights of the Buyer, which rights are hereby reserved, to discharge or terminate the services of any Continuing Employee at any time for any reason whatsoever, with or without cause.
Prior to the Closing Date, Parent (or an Affiliate of Parent) shall be permitted to provide Continuing Employees with offer letters setting forth the terms of employment with Parent and its Affiliates after the Closing that (except as may otherwise be individually agreed with a Continuing Employee prior to the Closing Date) are consistent with this Section 8.02, which offer letters shall be subject to, and conditioned upon, the occurrence of the Closing (“Parent Offer Letters”).
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 shall have the meaning set forth in Section 4.11(a).

Continuing Employee is defined in Section 6.3(a) of the Agreement.

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 is defined in Section 6.4.