Continuing Employee definition

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

Continuing Employee means any employee of the Company who continues as an employee of the Surviving Corporation or Parent after the Effective Time.

Continuing Employee shall have the meaning set forth in Section 7.6.2 hereof.

Examples of Continuing Employee in a sentence

• Each Continuing Employee who is not party to an individual agreement providing for severance or termination benefits and is terminated during the Continuation Period, under severance qualifying circumstances shall be provided severance benefits as set forth in Section 6.6(a) of the CrossFirst Disclosure Schedule.

• The parties hereto acknowledge and agree that the terms set forth in this Section 5.06 shall not create any right in any Company Employee (including any Company Continuing Employee) or any other Person to any continued employment with the Surviving Corporation, Parent, or any of their respective Subsidiaries or compensation or benefits of any nature or kind whatsoever, or otherwise alters any existing at-will employment relationship between any Company Employee and the Surviving Corporation.

• Notwithstanding the foregoing sentence, the terms and conditions of employment of each Continuing Employee whose terms and conditions of employment are subject to a Collective Bargaining Agreement shall be as required pursuant to such Collective Bargaining Agreement, as in effect during the Comparability Period.

• Following the Closing Date, NBT shall honor, in accordance with Exxxx’x policies and procedures in effect as of the date hereof, any employee expense reimbursement obligations of Exxxx for out-of-pocket expenses incurred during the calendar year in which the Closing occurs by any Continuing Employee and all accrued but unused vacation credited to any Continuing Employee under Exxxx Benefit Plans.

• This Section 5.06 shall be binding upon and inure solely to the benefit of each of the parties to this Agreement, and nothing in this Section 5.06, express or implied, shall confer upon any Company Employee (including any Company Continuing Employee), any beneficiary, or any other Person any rights or remedies of any nature whatsoever under or by reason of this Section 5.06.

More Definitions of Continuing Employee

Continuing Employee shall have the meaning set forth in Section 4.11(a).

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

Continuing Employee shall have the meaning as set forth in Section 7.9(a) of the Agreement.

Continuing Employee has the meaning specified in Section 9.07(a).

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

Continuing Employee. Section 5.8(a)

Continuing Employee means any employee of PRE or any of its Subsidiaries who continues employment with the Surviving Company or any of its Affiliates.