Continuing Employees definition

Continuing Employees shall have the meaning set forth in Section 6.9(a).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Continuing Employees means each individual who is an employee of the Company or any of its Subsidiaries immediately prior to the Effective Time and continues to be an employee of Parent or one of its Subsidiaries (including the Surviving Corporation) immediately following the Effective Time.

Continuing Employees has the meaning specified in Section 7.3(a).

Examples of Continuing Employees in a sentence

Effective as of the Effective Time, Parent shall designate a Parent 401(k) Plan that either (i) currently provides for the receipt from the Company Continuing Employees of “eligible rollover distributions” (as such term is defined in Section 401(a)(31) of the Code, including notes representing plan loans), or (ii) shall be amended as soon as practicable following the Effective Time to provide for the receipt from the Company Continuing Employees of eligible rollover distributions (including loan notes).
Further, notwithstanding anything in this Agreement to the contrary, the terms and conditions of employment for any Continuing Employees covered by a collective bargaining agreement shall be governed by the applicable collective bargaining agreement until the expiration, modification or termination of such collective bargaining agreement in accordance with its terms or Applicable Law.

More Definitions of Continuing Employees

Continuing Employees has the meaning ascribed to it in Section 6.9(d).

Continuing Employees means all employees of the Company or any of its Subsidiaries who, as of the Closing, continue their employment with the Company or any of its Subsidiaries.

Continuing Employees is defined in Section 6.3 of the Agreement.

Continuing Employees means all employees of the Company who are offered and timely accept employment by Parent or any Subsidiary of Parent, who continue their employment with the Company or, outside the U.S., who remain or become employees of the Company, Parent or any Subsidiary of Parent as required by applicable Law.

Continuing Employees has the meaning set forth in Section 4.4(a).

Continuing Employees has the meaning set forth in Section 8.1(a).

Continuing Employees. Section 6.7(a)